4707 COMMERCIAL PARK DR TX 78724
| Owner | WOLFE COMMONWEALTH I LTD |
|---|---|
| Parcel ID | 0227300806 |
| Short ID | 442473 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 8,316 SF |
| Land SF | 28,726 SF |
| Acres | 0.659 |
| Year Built | 1984 |
| Legal | LOT 32 NORTHEAST COMMERCIAL BUSINESSPARK SEC 2 |
| Neighborhood | 61FEA |
| Land | $122,086 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $122,086 |
| Improvement | $567,387 |
|---|---|
| Total Improvement | $567,387 |
| Market | $689,473 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $689,473 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $689,473 |
| Taxable Value | $689,473 |
|---|
Appreciation: Market value has risen +31.1% from $526,044 (2021) to $689,473 (2025), a CAGR of 7.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 outpaced 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 $14,110. 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 18% of market value ($122,086 land vs $567,387 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $689,473, this parcel sits in the lower-middle (25th–50th 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $966,910 by 2030, with an estimated annual tax burden around $18,214. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,800 SF | ✗ |
| 1ST | 1st Floor | 8,316 SF | ✓ |
| 881 | COMMCL FINISHOUT | 4,508 SF | ✓ |
| 328 | MEZZ COMM (STG) | 624 SF | ✓ |
| 591 | MASONRY TRIM SF | 616 SF | ✗ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 501 | CANOPY | 144 SF | ✗ |
| 611 | TERRACE | 144 SF | ✗ |
| SO | Sketch Only | 144 SF | ✗ |
Market value changed by 119% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $6,379.00 | $6,379.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,612.96 | $3,612.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,591.35 | $2,591.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $813.74 | $813.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $712.92 | $712.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,109.97 | $14,109.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,511,600 | $689,473 | +119.2% |
| Assessed Value | $827,368 | $689,473 | +20.0% |
| Land Value | $122,086 | $122,086 | +0.0% |
| Improvement Value | $1,389,514 | $567,387 | +144.9% |
| Taxable Value | $827,368 | $689,473 | +20.0% |
| HS Cap Loss | -$684,232 | — | |
| Total Tax 2026 = estimate |
~$16,932
Estimated
|
~$14,110
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,511,600 | $1,511,600 | +0 (+0.0%) |
| Taxable Value | $827,368 | $827,368 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,511,600 | $122,086 | $1,389,514 | −$684,232 | $827,368 | $827,368 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $689,473 | $122,086 | $567,387 | — | $689,473 | $689,473 | ~$14,110 | Partial |
| 2024 | $763,508 | — | — | −$641,422 | $122,086 | $— | $13,513 | Verified |
| 2023 | $534,660 | — | — | −$412,574 | $122,086 | $— | $13,814 | Verified |
| 2022 | $530,779 | — | — | −$408,693 | $122,086 | $— | $10,559 | Verified |
| 2021 | $526,044 | — | — | −$403,958 | $122,086 | $— | $10,373 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +119.2% ! | +20.0% | 54.7% | Not available | Partial |
| 2025 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2024 | -10.7% | -10.7% | ~100% | 1.9800% | Verified |
| 2023 | +42.8% | +42.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.7% | +0.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +119.2% | +30.8% | -4.6% | +119.2% | 2026 | -9.7% | 2025 |
| Assessment Ratio | 54.7% | 39.9% | — | 100.0% | 2025 | 16.0% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,110 | $12,474 | ~$16,497 | $14,110 | 2025 | $10,373 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$737,719 | ~$737,719 | ~2.0139% | ~$14,857 | +7.0% |
| 2027 | ~$789,341 | ~$789,341 | ~1.9814% | ~$15,640 | +14.5% |
| 2028 | ~$844,576 | ~$844,576 | ~1.9488% | ~$16,459 | +22.5% |
| 2029 | ~$903,675 | ~$903,675 | ~1.9163% | ~$17,317 | +31.1% |
| 2030 | ~$966,910 | ~$966,910 | ~1.8837% | ~$18,214 | +40.2% |
| 2026 | ~$723,930 | ~$723,930 | ~2.0465% | ~$14,815 | +5.0% |
| 2027 | ~$760,108 | ~$760,108 | ~2.0465% | ~$15,555 | +10.2% |
| 2028 | ~$798,095 | ~$798,095 | ~2.0465% | ~$16,333 | +15.8% |
| 2029 | ~$837,980 | ~$837,980 | ~2.0465% | ~$17,149 | +21.5% |
| 2030 | ~$879,859 | ~$879,859 | ~2.0465% | ~$18,006 | +27.6% |
| 2026 | ~$751,509 | ~$751,509 | ~1.9977% | ~$15,013 | +9.0% |
| 2027 | ~$819,126 | ~$819,126 | ~1.9488% | ~$15,963 | +18.8% |
| 2028 | ~$892,827 | ~$892,827 | ~1.9000% | ~$16,964 | +29.5% |
| 2029 | ~$973,160 | ~$973,160 | ~1.8512% | ~$18,015 | +41.1% |
| 2030 | ~$1,060,720 | ~$1,060,720 | ~1.8024% | ~$19,118 | +53.8% |
In 2025, this property's market value of $689,473 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -51% 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 | $689,473 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $763,508 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $534,660 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $530,779 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $526,044 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.