4905 COMMERCIAL PARK DR TX 78724
| Owner | MARCUM COMMERCIAL PARK LTD |
|---|---|
| Parcel ID | 0227300811 |
| Short ID | 442478 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,876 SF |
| Land SF | 34,046 SF |
| Acres | 0.782 |
| Year Built | 1984 |
| Legal | LOT 27 NORTHEAST COMMERCIAL BUSINESSPARK SEC 2 |
| Neighborhood | 61FEA |
| Land | $153,207 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $153,207 |
| Improvement | $512,581 |
|---|---|
| Total Improvement | $512,581 |
| Market | $665,788 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $665,788 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $665,788 |
| Taxable Value | $665,788 |
|---|
Appreciation: Market value has risen +26.4% from $526,761 (2021) to $665,788 (2025), a CAGR of 6.0% 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 $13,625. 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 23% of market value ($153,207 land vs $512,581 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 $665,788, 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 +6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $892,255 by 2030, with an estimated annual tax burden around $16,808. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,876 SF | ✓ |
| 551 | PAVED AREA | 5,200 SF | ✗ |
| 881 | COMMCL FINISHOUT | 3,119 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,783 SF | ✗ |
| 591 | MASONRY TRIM SF | 798 SF | ✗ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
| 501 | CANOPY | 100 SF | ✗ |
| SO | Sketch Only | 100 SF | ✗ |
Market value changed by 112% 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% | $5,667.08 | $5,667.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,209.74 | $3,209.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,302.14 | $2,302.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $722.92 | $722.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $633.35 | $633.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,535.23 | $12,535.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $885,565 | $665,788 | +33.0% |
| Assessed Value | $735,030 | $665,788 | +10.4% |
| Land Value | $153,207 | $153,207 | +0.0% |
| Improvement Value | $732,358 | $512,581 | +42.9% |
| Taxable Value | $735,030 | $665,788 | +10.4% |
| HS Cap Loss | -$150,535 | — | |
| Total Tax 2026 = estimate |
~$15,042
Estimated
|
~$12,535
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,414,748 | $885,565 | -529,183 (-37.4%) |
| Taxable Value | $735,030 | $735,030 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $885,565 | $153,207 | $732,358 | −$150,535 | $735,030 | $735,030 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $665,788 | $153,207 | $512,581 | — | $665,788 | $665,788 | ~$12,535 | Partial |
| 2024 | $653,207 | — | — | −$500,000 | $153,207 | $— | $12,369 | Verified |
| 2023 | $530,734 | — | — | −$377,527 | $153,207 | $— | $11,818 | Verified |
| 2022 | $529,800 | — | — | −$376,593 | $153,207 | $— | $10,482 | Verified |
| 2021 | $526,761 | — | — | −$373,554 | $153,207 | $— | $11,532 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +112.5% ! | +10.4% | 52.0% | Not available | Partial |
| 2025 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2024 | -15.3% | -15.3% | ~100% | 1.9800% | Verified |
| 2023 | +38.9% | +38.9% | ~100% | 1.6000% | 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): +25.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +33.0% | +11.8% | +0.8% | +33.0% | 2026 | +0.2% | 2023 |
| Assessment Ratio | 83.0% | 48.9% | — | 100.0% | 2025 | 23.5% | 2024 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,535 | $11,747 | ~$15,490 | $12,535 | 2025 | $10,482 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$705,938 | ~$705,938 | ~2.0139% | ~$14,217 | +6.0% |
| 2027 | ~$748,509 | ~$748,509 | ~1.9814% | ~$14,831 | +12.4% |
| 2028 | ~$793,648 | ~$793,648 | ~1.9488% | ~$15,467 | +19.2% |
| 2029 | ~$841,508 | ~$841,508 | ~1.9163% | ~$16,126 | +26.4% |
| 2030 | ~$892,255 | ~$892,255 | ~1.8837% | ~$16,808 | +34.0% |
| 2026 | ~$692,622 | ~$692,622 | ~2.0465% | ~$14,174 | +4.0% |
| 2027 | ~$720,538 | ~$720,538 | ~2.0465% | ~$14,746 | +8.2% |
| 2028 | ~$749,579 | ~$749,579 | ~2.0465% | ~$15,340 | +12.6% |
| 2029 | ~$779,790 | ~$779,790 | ~2.0465% | ~$15,958 | +17.1% |
| 2030 | ~$811,219 | ~$811,219 | ~2.0465% | ~$16,601 | +21.8% |
| 2026 | ~$719,254 | ~$719,254 | ~1.9977% | ~$14,368 | +8.0% |
| 2027 | ~$777,013 | ~$777,013 | ~1.9488% | ~$15,143 | +16.7% |
| 2028 | ~$839,411 | ~$839,411 | ~1.9000% | ~$15,949 | +26.1% |
| 2029 | ~$906,819 | ~$906,819 | ~1.8512% | ~$16,787 | +36.2% |
| 2030 | ~$979,641 | ~$979,641 | ~1.8024% | ~$17,657 | +47.1% |
In 2025, this property's market value of $665,788 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -53% 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 | $665,788 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $653,207 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $530,734 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $529,800 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $526,761 | $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.