4705 COMMERCIAL PARK DR TX 78724
| Owner | AUSTIN WELDING SUPPLY CO INC |
|---|---|
| Parcel ID | 0227300805 |
| Short ID | 442472 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,340 SF |
| Land SF | 26,264 SF |
| Acres | 0.603 |
| Year Built | 1986 |
| Legal | LOT 33 NORTHEAST COMMERCIAL BUSINESSPARK SEC 2 |
| Neighborhood | 61FEA |
| Land | $111,622 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $111,622 |
| Improvement | $438,378 |
|---|---|
| Total Improvement | $438,378 |
| Market | $550,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $550,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $550,000 |
| Taxable Value | $550,000 |
|---|
| Total Due | $9,519.95 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +18.9% from $462,645 (2021) to $550,000 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,256. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 20% of market value ($111,622 land vs $438,378 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $550,000, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $682,741 by 2030, with an estimated annual tax burden around $12,861. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $9,519.95 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,340 SF | ✓ |
| 551 | PAVED AREA | 6,440 SF | ✗ |
| 881 | COMMCL FINISHOUT | 2,580 SF | ✓ |
| 093 | HVAC COMMRCL SF | 2,360 SF | ✗ |
| 591 | MASONRY TRIM SF | 686 SF | ✗ |
| 541 | FENCE COMM LF | 220 SF | ✗ |
| 501 | CANOPY | 148 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +255 |
| Travis County | 0.3444% | 0.3758% | +173 |
| Austin ISD | 0.9505% | 0.9252% | -139 |
| Travis Central Health | 0.1080% | 0.1180% | +55 |
| Austin Community College | 0.1013% | 0.1034% | +12 |
Market value changed by 135% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $5,088.60 | $1,346.07 | $3,742.53 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,882.09 | $762.40 | $2,119.69 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,067.15 | $546.82 | $1,520.33 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $649.13 | $171.72 | $477.41 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $568.70 | $150.44 | $418.26 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,255.67 | $2,977.45 | $8,278.22 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $590,752 | $550,000 | +7.4% |
| Assessed Value | $590,752 | $550,000 | +7.4% |
| Land Value | $111,622 | $111,622 | +0.0% |
| Improvement Value | $479,130 | $438,378 | +9.3% |
| Taxable Value | $590,752 | $550,000 | +7.4% |
| Total Tax 2026 = estimate |
~$12,090
Estimated
|
$11,256 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,291,030 | $590,752 | -700,278 (-54.2%) |
| Taxable Value | $660,000 | $590,752 | -69,248 (-10.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $590,752 | $111,622 | $479,130 | — | $590,752 | $590,752 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $550,000 | $111,622 | $438,378 | — | $550,000 | $550,000 | $11,256 | Verified |
| 2024 | $657,764 | — | — | −$546,142 | $111,622 | $— | $11,543 | Verified |
| 2023 | $466,296 | — | — | −$354,674 | $111,622 | $— | $11,901 | Verified |
| 2022 | $466,296 | — | — | −$354,674 | $111,622 | $— | $9,209 | Verified |
| 2021 | $462,645 | — | — | −$351,023 | $111,622 | $— | $10,150 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +134.7% ! | +20.0% | 51.1% | Not available | Partial |
| 2025 | -5.6% | -5.6% | ~100% | 2.0500% | Verified |
| 2024 | -11.5% | -11.5% | ~100% | 1.9800% | Verified |
| 2023 | +41.1% | +41.1% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.4% | +6.6% | +3.0% | +41.1% | 2024 | -16.4% | 2025 |
| Assessment Ratio | 100.0% | 48.1% | — | 100.0% | 2025 | 17.0% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $11,256 | $10,812 | ~$12,208 | $11,901 | 2023 | $9,209 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$574,303 | ~$574,303 | ~2.0139% | ~$11,566 | +4.4% |
| 2027 | ~$599,681 | ~$599,681 | ~1.9814% | ~$11,882 | +9.0% |
| 2028 | ~$626,179 | ~$626,179 | ~1.9488% | ~$12,203 | +13.9% |
| 2029 | ~$653,849 | ~$653,849 | ~1.9163% | ~$12,530 | +18.9% |
| 2030 | ~$682,741 | ~$682,741 | ~1.8837% | ~$12,861 | +24.1% |
| 2026 | ~$563,303 | ~$563,303 | ~2.0465% | ~$11,528 | +2.4% |
| 2027 | ~$576,929 | ~$576,929 | ~2.0465% | ~$11,807 | +4.9% |
| 2028 | ~$590,883 | ~$590,883 | ~2.0465% | ~$12,092 | +7.4% |
| 2029 | ~$605,176 | ~$605,176 | ~2.0465% | ~$12,385 | +10.0% |
| 2030 | ~$619,814 | ~$619,814 | ~2.0465% | ~$12,684 | +12.7% |
| 2026 | ~$585,303 | ~$585,303 | ~1.9977% | ~$11,692 | +6.4% |
| 2027 | ~$622,873 | ~$622,873 | ~1.9488% | ~$12,139 | +13.2% |
| 2028 | ~$662,854 | ~$662,854 | ~1.9000% | ~$12,594 | +20.5% |
| 2029 | ~$705,401 | ~$705,401 | ~1.8512% | ~$13,058 | +28.3% |
| 2030 | ~$750,679 | ~$750,679 | ~1.8024% | ~$13,530 | +36.5% |
In 2025, this property's market value of $550,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -61% below the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $550,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $657,764 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $466,296 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $466,296 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $462,645 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.