2323 RIDGEPOINT DR TX 78754
| Owner | BLUSV II TX RIDGEPOINT DRIVE LLC |
|---|---|
| Parcel ID | 0229230305 |
| Short ID | 230752 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 105,750 SF |
| Land SF | 461,518 SF |
| Acres | 10.595 |
| Year Built | 1999 |
| Legal | LOT 1 CARMICHAEL JIMMY SEC 5 LOT 1 BLK A CARMICHAEL JIMMY SEC 4 LESS .126AC |
| Neighborhood | 66NEA |
| Land | $6,922,773 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,922,773 |
| Improvement | $13,965,434 |
|---|---|
| Total Improvement | $13,965,434 |
| Market | $20,888,207 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,888,207 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,888,207 |
| Taxable Value | $20,888,207 |
|---|
Appreciation: Market value has risen +35.9% from $15,370,000 (2021) to $20,888,207 (2025), a CAGR of 8.0% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $460,101. 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 33% of market value ($6,922,773 land vs $13,965,434 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $20,888,207, 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 +8.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $30,650,339 by 2030, with an estimated annual tax burden around $573,872. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 210,532 SF | ✗ |
| 1ST | 1st Floor | 105,750 SF | ✓ |
| 491 | SPRINKLER HEADS | 105,750 SF | ✗ |
| 881 | COMMCL FINISHOUT | 102,600 SF | ✓ |
| 501 | CANOPY | 3,490 SF | ✗ |
| 093 | HVAC COMMRCL SF | 2,544 SF | ✗ |
| 511 | DECK | 1,095 SF | ✗ |
| 327 | STORAGE COMM'L | 200 SF | ✓ |
| 437 | FENCE MASON LF | 160 SF | ✗ |
| 407 | LOADING DOCK | 150 SF | ✓ |
| 482 | LIGHT POLES | 17 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $225,885.07 | $225,885.07 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $109,457.76 | $109,457.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,507.28 | $78,507.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,652.89 | $24,652.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,598.41 | $21,598.41 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $460,101.41 | $460,101.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,888,207 | $20,888,207 | +0.0% |
| Assessed Value | $20,888,207 | $20,888,207 | +0.0% |
| Land Value | $6,922,773 | $6,922,773 | +0.0% |
| Improvement Value | $13,965,434 | $13,965,434 | +0.0% |
| Taxable Value | $20,888,207 | $20,888,207 | +0.0% |
| Total Tax 2026 = estimate |
~$460,101
Estimated
|
~$460,101
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,888,207 | $20,888,207 | +0 (+0.0%) |
| Taxable Value | $20,888,207 | $20,888,207 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,888,207 | $6,922,773 | $13,965,434 | — | $20,888,207 | $20,888,207 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $20,888,207 | $6,922,773 | $13,965,434 | — | $20,888,207 | $20,888,207 | ~$460,101 | Partial |
| 2024 | $21,000,000 | — | — | −$14,077,227 | $6,922,773 | $— | $472,806 | Verified |
| 2023 | $18,242,192 | — | — | −$15,011,565 | $3,230,627 | $— | $427,528 | Verified |
| 2022 | $16,334,002 | — | — | −$13,103,375 | $3,230,627 | $— | $425,102 | Verified |
| 2021 | $15,370,000 | — | — | −$12,600,891 | $2,769,109 | $— | $402,956 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -12.4% | -12.4% | ~100% | Not available | Partial |
| 2024 | +13.6% | +13.6% | ~100% | 1.9800% | Verified |
| 2023 | +15.1% | +15.1% | ~100% | 2.0400% | Verified |
| 2022 | +11.7% | +11.7% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.5% | +8.0% | +15.1% | 2024 | -0.5% | 2025 |
| Assessment Ratio | 100.0% | 48.1% | — | 100.0% | 2025 | 17.7% | 2023 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$460,101 | $437,699 | ~$527,443 | $472,806 | 2024 | $402,956 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,553,190 | ~$22,553,190 | ~2.1366% | ~$481,874 | +8.0% |
| 2027 | ~$24,350,888 | ~$24,350,888 | ~2.0705% | ~$504,194 | +16.6% |
| 2028 | ~$26,291,880 | ~$26,291,880 | ~2.0045% | ~$527,011 | +25.9% |
| 2029 | ~$28,387,586 | ~$28,387,586 | ~1.9384% | ~$550,262 | +35.9% |
| 2030 | ~$30,650,339 | ~$30,650,339 | ~1.8723% | ~$573,872 | +46.7% |
| 2026 | ~$22,135,426 | ~$22,135,426 | ~2.2027% | ~$487,574 | +6.0% |
| 2027 | ~$23,457,116 | ~$23,457,116 | ~2.2027% | ~$516,686 | +12.3% |
| 2028 | ~$24,857,723 | ~$24,857,723 | ~2.2027% | ~$547,537 | +19.0% |
| 2029 | ~$26,341,959 | ~$26,341,959 | ~2.2027% | ~$580,230 | +26.1% |
| 2030 | ~$27,914,818 | ~$27,914,818 | ~2.2027% | ~$614,876 | +33.6% |
| 2026 | ~$22,970,955 | ~$22,970,955 | ~2.1036% | ~$483,211 | +10.0% |
| 2027 | ~$25,261,371 | ~$25,261,371 | ~2.0045% | ~$506,355 | +20.9% |
| 2028 | ~$27,780,164 | ~$27,780,164 | ~1.9054% | ~$529,311 | +33.0% |
| 2029 | ~$30,550,103 | ~$30,550,103 | ~1.8062% | ~$551,809 | +46.3% |
| 2030 | ~$33,596,231 | ~$33,596,231 | ~1.7071% | ~$573,533 | +60.8% |
In 2025, this property's market value of $20,888,207 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $20,888,207 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $18,242,192 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,334,002 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $15,370,000 | $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.