1518 W KOENIG LN AUSTIN, TX 78756
| Owner | FDZ HOLDINGS LLC |
|---|---|
| Parcel ID | 0230050533 |
| Short ID | 231310 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,300 SF |
| Land SF | 11,413 SF |
| Acres | 0.262 |
| Year Built | 1950 |
| Legal | 0.262 AC OF LOT 20 BLK X VIOLET CROWN HEIGHTS SEC 2 RESUB |
| Neighborhood | 59KOE |
| Land | $921,577 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $921,577 |
| Improvement | $316,819 |
|---|---|
| Total Improvement | $316,819 |
| Market | $1,238,396 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,238,396 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,238,396 |
| Taxable Value | $1,238,396 |
|---|
Appreciation: Market value has risen +63.4% from $758,073 (2021) to $1,238,396 (2025), a CAGR of 13.1% over 4 years. This is strong appreciation — well above typical inflation. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $25,344. 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 74% of market value ($921,577 land vs $316,819 improvements), about $81/SF of land. With value concentrated in the land under a ~76-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 $1,238,396, this parcel sits in the lower-middle (25th–50th 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 +13.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,287,153 by 2030, with an estimated annual tax burden around $37,570. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,960 SF | ✗ |
| 1ST | 1st Floor | 2,300 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,300 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 640 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 528 SF | ✗ |
| 591 | MASONRY TRIM SF | 400 SF | ✗ |
| 541 | FENCE COMM LF | 225 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% | $11,457.64 | $11,457.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,489.41 | $6,489.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,654.45 | $4,654.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,461.59 | $1,461.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,280.50 | $1,280.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,343.59 | $25,343.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,568,118 | $1,238,396 | +26.6% |
| Assessed Value | $1,486,075 | $1,238,396 | +20.0% |
| Land Value | $921,577 | $921,577 | +0.0% |
| Improvement Value | $646,541 | $316,819 | +104.1% |
| Taxable Value | $1,486,075 | $1,238,396 | +20.0% |
| HS Cap Loss | -$82,043 | — | |
| Total Tax 2026 = estimate |
~$30,412
Estimated
|
~$25,344
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,568,118 | $1,568,118 | +0 (+0.0%) |
| Taxable Value | $1,486,075 | $1,486,075 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,568,118 | $921,577 | $646,541 | −$82,043 | $1,486,075 | $1,486,075 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,238,396 | $921,577 | $316,819 | — | $1,238,396 | $1,238,396 | ~$25,344 | Partial |
| 2024 | $1,193,708 | — | — | −$272,131 | $921,577 | $— | $23,264 | Verified |
| 2023 | $1,415,599 | — | — | −$494,022 | $921,577 | $— | $21,597 | Verified |
| 2022 | $812,081 | — | — | — | $813,156 ! | $— | $27,957 | Verified |
| 2021 | $758,073 | — | — | −$270,180 | $487,893 | $— | $17,676 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.6% | +20.0% | 94.8% | Not available | Partial |
| 2025 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | -12.7% | -12.7% | ~100% | 1.7500% | Verified |
| 2022 | +74.3% | +74.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.6% | +19.2% | +8.3% | +74.3% | 2023 | -15.7% | 2024 |
| Assessment Ratio | 94.8% | 83.6% | — | 100.1% | 2022 | 64.4% | 2021 |
| 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 |
$25,344 | $23,168 | ~$32,313 | $27,957 | 2022 | $17,676 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,400,060 | ~$1,362,236 | ~2.0139% | ~$27,435 | +13.1% |
| 2027 | ~$1,582,828 | ~$1,498,459 | ~1.9814% | ~$29,690 | +27.8% |
| 2028 | ~$1,789,456 | ~$1,648,305 | ~1.9488% | ~$32,123 | +44.5% |
| 2029 | ~$2,023,057 | ~$1,813,136 | ~1.9163% | ~$34,745 | +63.4% |
| 2030 | ~$2,287,153 | ~$1,994,449 | ~1.8837% | ~$37,570 | +84.7% |
| 2026 | ~$1,375,292 | ~$1,362,236 | ~2.0465% | ~$27,878 | +11.1% |
| 2027 | ~$1,527,321 | ~$1,498,459 | ~2.0465% | ~$30,666 | +23.3% |
| 2028 | ~$1,696,156 | ~$1,648,305 | ~2.0465% | ~$33,732 | +37.0% |
| 2029 | ~$1,883,654 | ~$1,813,136 | ~2.0465% | ~$37,106 | +52.1% |
| 2030 | ~$2,091,879 | ~$1,994,449 | ~2.0465% | ~$40,816 | +68.9% |
| 2026 | ~$1,424,828 | ~$1,362,236 | ~1.9977% | ~$27,213 | +15.1% |
| 2027 | ~$1,639,326 | ~$1,498,459 | ~1.9488% | ~$29,203 | +32.4% |
| 2028 | ~$1,886,115 | ~$1,648,305 | ~1.9000% | ~$31,318 | +52.3% |
| 2029 | ~$2,170,057 | ~$1,813,136 | ~1.8512% | ~$33,565 | +75.2% |
| 2030 | ~$2,496,744 | ~$1,994,449 | ~1.8024% | ~$35,947 | +101.6% |
In 2025, this property's market value of $1,238,396 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% 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 | $1,238,396 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,193,708 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,415,599 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $812,081 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $758,073 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.