2535 RIDGEPOINT DR TX 78754
| Owner | BLUSV II TX RIDGEPOINT DRIVE LLC |
|---|---|
| Parcel ID | 0229260501 |
| Short ID | 230773 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 81,000 SF |
| Land SF | 305,704 SF |
| Acres | 7.018 |
| Year Built | 1996 |
| Legal | LOT 3&4 BLK A CARMICHAEL JIMMY SEC 4 |
| Neighborhood | 66NEA |
| Land | $4,585,561 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,585,561 |
| Improvement | $13,433,972 |
|---|---|
| Total Improvement | $13,433,972 |
| Market | $18,019,533 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,019,533 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,019,533 |
| Taxable Value | $18,019,533 |
|---|
Appreciation: Market value has risen +30.6% from $13,799,840 (2021) to $18,019,533 (2025), a CAGR of 6.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $396,914. 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 25% of market value ($4,585,561 land vs $13,433,972 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $18,019,533, 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 +6.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $25,152,455 by 2030, with an estimated annual tax burden around $470,934. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 170,000 SF | ✗ |
| 1ST | 1st Floor | 81,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 81,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 73,135 SF | ✓ |
| 093 | HVAC COMMRCL SF | 6,595 SF | ✗ |
| 501 | CANOPY | 720 SF | ✗ |
| 408 | LOADING RAMP | 704 SF | ✓ |
| 437 | FENCE MASON LF | 392 SF | ✗ |
| 482 | LIGHT POLES | 9 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% | $194,863.23 | $194,863.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $94,425.42 | $94,425.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $67,725.51 | $67,725.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $21,267.19 | $21,267.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,632.20 | $18,632.20 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $396,913.55 | $396,913.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,475,000 | $18,019,533 | -8.6% |
| Assessed Value | $16,475,000 | $18,019,533 | -8.6% |
| Land Value | $4,585,561 | $4,585,561 | +0.0% |
| Improvement Value | $11,889,439 | $13,433,972 | -11.5% |
| Taxable Value | $16,475,000 | $18,019,533 | -8.6% |
| Total Tax 2026 = estimate |
~$362,892
Estimated
|
~$396,914
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,475,000 | $16,475,000 | +0 (+0.0%) |
| Taxable Value | $16,475,000 | $16,475,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,475,000 | $4,585,561 | $11,889,439 | — | $16,475,000 | $16,475,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,019,533 | $4,585,561 | $13,433,972 | — | $18,019,533 | $18,019,533 | ~$396,914 | Partial |
| 2024 | $18,600,000 | — | — | −$14,014,439 | $4,585,561 | $— | $357,957 | Verified |
| 2023 | $17,613,345 | — | — | −$15,473,416 | $2,139,929 | $— | $380,636 | Verified |
| 2022 | $16,333,650 | — | — | −$14,193,721 | $2,139,929 | $— | $410,448 | Verified |
| 2021 | $13,799,840 | — | — | −$11,812,763 | $1,987,077 | $— | $361,996 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.6% | -8.6% | ~100% | Not available | Partial |
| 2025 | -17.6% | -17.6% | ~100% | Not available | Partial |
| 2024 | +6.2% | +6.2% | ~100% | 1.6400% | Verified |
| 2023 | +16.9% | +16.9% | ~100% | 1.8500% | Verified |
| 2022 | +7.8% | +7.8% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.6% | +4.0% | +8.9% | +18.4% | 2022 | -8.6% | 2026 |
| Assessment Ratio | 100.0% | 44.1% | — | 100.0% | 2025 | 12.1% | 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 |
$396,914 | $381,590 | ~$441,229 | $410,448 | 2022 | $357,957 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,262,422 | ~$19,262,422 | ~2.1366% | ~$411,563 | +6.9% |
| 2027 | ~$20,591,039 | ~$20,591,039 | ~2.0705% | ~$426,345 | +14.3% |
| 2028 | ~$22,011,297 | ~$22,011,297 | ~2.0045% | ~$441,209 | +22.2% |
| 2029 | ~$23,529,517 | ~$23,529,517 | ~1.9384% | ~$456,094 | +30.6% |
| 2030 | ~$25,152,455 | ~$25,152,455 | ~1.8723% | ~$470,934 | +39.6% |
| 2026 | ~$18,902,032 | ~$18,902,032 | ~2.2027% | ~$416,352 | +4.9% |
| 2027 | ~$19,827,750 | ~$19,827,750 | ~2.2027% | ~$436,743 | +10.0% |
| 2028 | ~$20,798,806 | ~$20,798,806 | ~2.2027% | ~$458,132 | +15.4% |
| 2029 | ~$21,817,418 | ~$21,817,418 | ~2.2027% | ~$480,569 | +21.1% |
| 2030 | ~$22,885,917 | ~$22,885,917 | ~2.2027% | ~$504,105 | +27.0% |
| 2026 | ~$19,622,813 | ~$19,622,813 | ~2.1036% | ~$412,781 | +8.9% |
| 2027 | ~$21,368,744 | ~$21,368,744 | ~2.0045% | ~$428,329 | +18.6% |
| 2028 | ~$23,270,019 | ~$23,270,019 | ~1.9054% | ~$443,376 | +29.1% |
| 2029 | ~$25,340,459 | ~$25,340,459 | ~1.8062% | ~$457,711 | +40.6% |
| 2030 | ~$27,595,115 | ~$27,595,115 | ~1.7071% | ~$471,086 | +53.1% |
In 2025, this property's market value of $18,019,533 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 13× 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 | $18,019,533 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $18,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $17,613,345 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,333,650 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,799,840 | $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.