5902 LAIRD DR AUSTIN, TX 78757
| Owner | 5902 LAIRD DRIVE LLC |
|---|---|
| Parcel ID | 0230040213 |
| Short ID | 231094 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,008 SF |
| Land SF | 6,840 SF |
| Acres | 0.157 |
| Year Built | 1948 |
| Legal | N60FT OF LOT 1 BLK G BURNET HEIGHTS |
| Neighborhood | 59NOR |
| Land | $389,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $389,880 |
| Improvement | $166,002 |
|---|---|
| Total Improvement | $166,002 |
| Market | $555,882 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $555,882 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $555,882 |
| Taxable Value | $555,882 |
|---|
Appreciation: Market value has risen +17.6% from $472,533 (2021) to $555,882 (2025), a CAGR of 4.1% 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 lagged 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 $11,376. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 70% of market value ($389,880 land vs $166,002 improvements), about $57/SF of land. With value concentrated in the land under a ~78-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $555,882, this parcel sits in the bottom quartile (<25th 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 +4.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $681,037 by 2030, with an estimated annual tax burden around $12,829. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,008 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,008 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 10 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $5,143.02 | $5,143.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,912.92 | $2,912.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,089.25 | $2,089.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $656.07 | $656.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $574.78 | $574.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,376.04 | $11,376.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $687,507 | $555,882 | +23.7% |
| Assessed Value | $667,058 | $555,882 | +20.0% |
| Land Value | $389,880 | $389,880 | +0.0% |
| Improvement Value | $297,627 | $166,002 | +79.3% |
| Taxable Value | $667,058 | $555,882 | +20.0% |
| HS Cap Loss | -$20,449 | — | |
| Total Tax 2026 = estimate |
~$13,651
Estimated
|
~$11,376
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $687,507 | $687,507 | +0 (+0.0%) |
| Taxable Value | $667,058 | $667,058 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $687,507 | $389,880 | $297,627 | −$20,449 | $667,058 | $667,058 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $555,882 | $389,880 | $166,002 | — | $555,882 | $555,882 | ~$11,376 | Partial |
| 2024 | $552,518 | — | — | −$162,638 | $389,880 | $— | $12,074 | Verified |
| 2023 | $525,000 | — | — | −$135,120 | $389,880 | $— | $9,996 | Verified |
| 2022 | $487,269 | — | — | −$227,349 | $259,920 | $— | $10,368 | Verified |
| 2021 | $472,533 | — | — | −$198,933 | $273,600 | $— | $10,606 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.7% | +20.0% | 97.0% | Not available | Partial |
| 2025 | -8.8% | -8.8% | ~100% | Not available | Partial |
| 2024 | -0.4% | -0.4% | ~100% | 1.9800% | Verified |
| 2023 | +13.1% | +13.1% | ~100% | 1.6300% | Verified |
| 2022 | +11.0% | +11.0% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.7% | +8.1% | +0.2% | +23.7% | 2026 | +0.6% | 2025 |
| Assessment Ratio | 97.0% | 75.5% | — | 100.0% | 2025 | 53.3% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,376 | $10,884 | ~$12,240 | $12,074 | 2024 | $9,996 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$578,922 | ~$578,922 | ~2.0139% | ~$11,659 | +4.1% |
| 2027 | ~$602,917 | ~$602,917 | ~1.9814% | ~$11,946 | +8.5% |
| 2028 | ~$627,907 | ~$627,907 | ~1.9488% | ~$12,237 | +13.0% |
| 2029 | ~$653,933 | ~$653,933 | ~1.9163% | ~$12,531 | +17.6% |
| 2030 | ~$681,037 | ~$681,037 | ~1.8837% | ~$12,829 | +22.5% |
| 2026 | ~$567,805 | ~$567,805 | ~2.0465% | ~$11,620 | +2.1% |
| 2027 | ~$579,983 | ~$579,983 | ~2.0465% | ~$11,869 | +4.3% |
| 2028 | ~$592,422 | ~$592,422 | ~2.0465% | ~$12,124 | +6.6% |
| 2029 | ~$605,129 | ~$605,129 | ~2.0465% | ~$12,384 | +8.9% |
| 2030 | ~$618,108 | ~$618,108 | ~2.0465% | ~$12,649 | +11.2% |
| 2026 | ~$590,040 | ~$590,040 | ~1.9977% | ~$11,787 | +6.1% |
| 2027 | ~$626,297 | ~$626,297 | ~1.9488% | ~$12,206 | +12.7% |
| 2028 | ~$664,781 | ~$664,781 | ~1.9000% | ~$12,631 | +19.6% |
| 2029 | ~$705,631 | ~$705,631 | ~1.8512% | ~$13,063 | +26.9% |
| 2030 | ~$748,991 | ~$748,991 | ~1.8024% | ~$13,500 | +34.7% |
In 2025, this property's market value of $555,882 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -61% 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 | $555,882 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $552,518 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $525,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $487,269 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $472,533 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.