DECKER LN 78724
| Owner | MAJESTIC TIMMERMANN LLC |
|---|---|
| Parcel ID | 0227460101 |
| Short ID | 968009 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 99,800 SF |
| Land SF | 305,835 SF |
| Acres | 7.021 |
| Year Built | 2022 |
| Legal | MAJESTIC AT DECKER LANE SUBD BLK A LOT 2 |
| Neighborhood | FE1 |
| Land | $1,223,339 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,223,339 |
| Improvement | $17,298,661 |
|---|---|
| Total Improvement | $17,298,661 |
| Market | $18,522,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,522,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,522,000 |
| Taxable Value | $18,522,000 |
|---|
Appreciation: Market value has risen +136.6% from $7,826,996 (2024) to $18,522,000 (2025), a CAGR of 136.6% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +28.8%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7787% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $329,445. Manor ISD is the largest single contributor, at 60.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 7% of market value ($1,223,339 land vs $17,298,661 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $18,522,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +136.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,374,522,077 by 2030, with an estimated annual tax burden around $438,359. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 193,200 SF | ✗ |
| 1ST | 1st Floor | 99,800 SF | ✓ |
| 491 | SPRINKLER HEADS | 99,800 SF | ✗ |
| 408 | LOADING RAMP | 1,800 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 413 | STAIRWAY EXT | 6 SF | ✓ |
Market value changed by 90% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $189,245.00 | $189,245.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $65,772.88 | $65,772.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,654.03 | $20,654.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,095.00 | $18,095.00 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $17,500.00 | $17,500.00 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $311,266.91 | $311,266.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,100,000 | $18,522,000 | +3.1% |
| Assessed Value | $19,100,000 | $18,522,000 | +3.1% |
| Land Value | $1,223,339 | $1,223,339 | +0.0% |
| Improvement Value | $17,876,661 | $17,298,661 | +3.3% |
| Taxable Value | $19,100,000 | $18,522,000 | +3.1% |
| Total Tax 2026 = estimate |
~$339,726
Estimated
|
~$311,267
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,534,077 | $19,100,000 | -1,434,077 (-7.0%) |
| Taxable Value | $20,534,077 | $19,100,000 | -1,434,077 (-7.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,100,000 | $1,223,339 | $17,876,661 | — | $19,100,000 | $19,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,522,000 | $1,223,339 | $17,298,661 | — | $18,522,000 | $18,522,000 | ~$311,267 | Partial |
| 2024 | $7,826,996 | — | — | −$6,603,657 | $1,223,339 | $— | $247,081 | Verified |
| 2023 | $— | — | — | — | — | $— | $132,139 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.9% | +10.9% | ~100% | Not available | Partial |
| 2025 | +24.4% | +24.4% | ~100% | Not available | Partial |
| 2024 | +90.3% ! | +90.3% | ~100% | 1.6600% | Verified |
| 2023 | base year | — | ~100% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +136.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.1% | +69.8% | +135.2% | +136.6% | 2025 | +3.1% | 2026 |
| Assessment Ratio | 100.0% | 71.9% | — | 100.0% | 2025 | 15.6% | 2024 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$311,267 | $279,174 | ~$393,421 | $311,267 | 2025 | $247,081 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$43,830,926 | ~$20,374,200 | ~1.7168% | ~$349,792 | +136.6% |
| 2027 | ~$103,722,605 | ~$22,411,620 | ~1.6550% | ~$370,915 | +460.0% |
| 2028 | ~$245,451,779 | ~$24,652,782 | ~1.5932% | ~$392,764 | +1225.2% |
| 2029 | ~$580,843,257 | ~$27,118,060 | ~1.5314% | ~$415,274 | +3036.0% |
| 2030 | ~$1,374,522,077 | ~$29,829,866 | ~1.4695% | ~$438,359 | +7321.0% |
| 2026 | ~$43,460,486 | ~$20,374,200 | ~1.7787% | ~$362,389 | +134.6% |
| 2027 | ~$101,976,777 | ~$22,411,620 | ~1.7787% | ~$398,628 | +450.6% |
| 2028 | ~$239,280,871 | ~$24,652,782 | ~1.7787% | ~$438,491 | +1191.9% |
| 2029 | ~$561,454,649 | ~$27,118,060 | ~1.7787% | ~$482,340 | +2931.3% |
| 2030 | ~$1,317,411,296 | ~$29,829,866 | ~1.7787% | ~$530,574 | +7012.7% |
| 2026 | ~$44,201,366 | ~$20,374,200 | ~1.6859% | ~$343,494 | +138.6% |
| 2027 | ~$105,483,251 | ~$22,411,620 | ~1.5932% | ~$357,059 | +469.5% |
| 2028 | ~$251,727,880 | ~$24,652,782 | ~1.5004% | ~$369,901 | +1259.1% |
| 2029 | ~$600,729,739 | ~$27,118,060 | ~1.4077% | ~$381,741 | +3143.3% |
| 2030 | ~$1,433,596,543 | ~$29,829,866 | ~1.3150% | ~$392,251 | +7640.0% |
In 2025, this property's market value of $18,522,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 218× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $18,522,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $7,826,996 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
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.