2420 RIDGEPOINT DR TX 78754
| Owner | TLO TX1 INVESTMENTS LLC |
|---|---|
| Parcel ID | 0229230103 |
| Short ID | 230741 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 48,079 SF |
| Land SF | 140,310 SF |
| Acres | 3.221 |
| Year Built | 1983 |
| Legal | LOT 4 BLK B CARMICHAEL JIMMY SEC 4 |
| Neighborhood | 66NEA |
| Land | $982,170 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $982,170 |
| Improvement | $10,287,830 |
|---|---|
| Total Improvement | $10,287,830 |
| Market | $11,270,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,270,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,270,000 |
| Taxable Value | $11,270,000 |
|---|
Appreciation: Market value has risen +26.7% from $8,893,600 (2021) to $11,270,000 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $248,243. Manor ISD is the largest single contributor, at 49.1% 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 9% of market value ($982,170 land vs $10,287,830 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,270,000, this parcel sits in the top quartile (≥75th 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,152,414 by 2030, with an estimated annual tax burden around $283,701. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 66,120 SF | ✗ |
| 1ST | 1st Floor | 48,079 SF | ✓ |
| 491 | SPRINKLER HEADS | 46,893 SF | ✗ |
| 881 | COMMCL FINISHOUT | 46,210 SF | ✓ |
| 501 | CANOPY | 2,632 SF | ✗ |
| 611 | TERRACE | 440 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 482 | LIGHT POLES | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $70,924.60 | $70,924.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,368.13 | $34,368.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,650.14 | $24,650.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,740.65 | $7,740.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,781.58 | $6,781.58 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $144,465.10 | $144,465.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,441,618 | $11,270,000 | +1.5% |
| Assessed Value | $11,441,618 | $11,270,000 | +1.5% |
| Land Value | $982,170 | $982,170 | +0.0% |
| Improvement Value | $10,459,448 | $10,287,830 | +1.7% |
| Taxable Value | $11,441,618 | $11,270,000 | +1.5% |
| Total Tax 2026 = estimate |
~$252,023
Estimated
|
~$144,465
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,441,618 | $11,441,618 | +0 (+0.0%) |
| Taxable Value | $11,441,618 | $11,441,618 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,441,618 | $982,170 | $10,459,448 | — | $11,441,618 | $11,441,618 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,270,000 | $982,170 | $10,287,830 | — | $11,270,000 | $11,270,000 | ~$144,465 | Partial |
| 2024 | $11,259,893 | — | — | −$10,277,723 | $982,170 | $— | $154,044 | Verified |
| 2023 | $9,550,000 | — | — | −$8,567,830 | $982,170 | $— | $151,764 | Verified |
| 2022 | $7,156,000 | — | — | −$6,173,830 | $982,170 | $— | $196,330 | Verified |
| 2021 | $8,893,600 | — | — | −$8,051,740 | $841,860 | $— | $176,537 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | +6.6% | +6.6% | ~100% | 1.2800% | Verified |
| 2023 | +17.9% | +17.9% | ~100% | 1.3500% | Verified |
| 2022 | -6.9% | -6.9% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.5% | +6.7% | +5.8% | +33.5% | 2023 | -19.5% | 2022 |
| Assessment Ratio | 100.0% | 40.4% | — | 100.0% | 2025 | 8.7% | 2024 |
| Effective Tax Rate (2025) | 1.2800% | 1.2800% | — | 1.2800% | 2025 | 1.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$144,465 | $164,628 | ~$269,701 | $196,330 | 2022 | $144,465 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,957,365 | ~$11,957,365 | ~2.1366% | ~$255,482 | +6.1% |
| 2027 | ~$12,686,653 | ~$12,686,653 | ~2.0705% | ~$262,682 | +12.6% |
| 2028 | ~$13,460,421 | ~$13,460,421 | ~2.0045% | ~$269,809 | +19.4% |
| 2029 | ~$14,281,382 | ~$14,281,382 | ~1.9384% | ~$276,829 | +26.7% |
| 2030 | ~$15,152,414 | ~$15,152,414 | ~1.8723% | ~$283,701 | +34.4% |
| 2026 | ~$11,731,965 | ~$11,731,965 | ~2.2027% | ~$258,418 | +4.1% |
| 2027 | ~$12,212,867 | ~$12,212,867 | ~2.2027% | ~$269,011 | +8.4% |
| 2028 | ~$12,713,481 | ~$12,713,481 | ~2.2027% | ~$280,038 | +12.8% |
| 2029 | ~$13,234,616 | ~$13,234,616 | ~2.2027% | ~$291,517 | +17.4% |
| 2030 | ~$13,777,112 | ~$13,777,112 | ~2.2027% | ~$303,466 | +22.2% |
| 2026 | ~$12,182,765 | ~$12,182,765 | ~2.1036% | ~$256,274 | +8.1% |
| 2027 | ~$13,169,456 | ~$13,169,456 | ~2.0045% | ~$263,977 | +16.9% |
| 2028 | ~$14,236,060 | ~$14,236,060 | ~1.9054% | ~$271,247 | +26.3% |
| 2029 | ~$15,389,048 | ~$15,389,048 | ~1.8062% | ~$277,964 | +36.5% |
| 2030 | ~$16,635,418 | ~$16,635,418 | ~1.7071% | ~$283,989 | +47.6% |
In 2025, this property's market value of $11,270,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,270,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,259,893 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,550,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,156,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,893,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.