6929 AIRPORT BLVD TX 78752
| Owner | UNIVERSITY OF TEXAS |
|---|---|
| Parcel ID | 0231091519 |
| Short ID | 232326 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 113,237 SF |
| Land SF | 497,020 SF |
| Acres | 11.410 |
| Year Built | 1985 |
| Legal | ACR 11.41 OF LOT 1 AMENDED PLAT OF NORTHFAIR CENTER IMP ONLY |
| Neighborhood | 42CEN |
| Land | $20,278,416 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,278,416 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $34,287,296 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $34,287,296 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $34,287,296 |
| Taxable Value | $34,287,296 |
|---|
Appreciation: Market value has risen +54.9% from $22,132,609 (2021) to $34,287,296 (2025), a CAGR of 11.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $701,684. 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 59% of market value ($20,278,416 land vs $0 improvements), about $41/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $34,287,296, 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 +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $59,259,641 by 2030, with an estimated annual tax burden around $1,040,203. 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 | 245,340 SF | ✗ |
| SO | Sketch Only | 115,081 SF | ✗ |
| 1ST | 1st Floor | 113,237 SF | ✓ |
| 501 | CANOPY | 12,846 SF | ✗ |
| 611 | TERRACE | 11,522 SF | ✗ |
| 541 | FENCE COMM LF | 1,000 SF | ✗ |
| 503 | CANOPY - BANK | 507 SF | ✗ |
| 327 | STORAGE COMM'L | 192 SF | ✓ |
| 482 | LIGHT POLES | 18 SF | ✓ |
| MISC | Miscellaneous | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 232326 | UNIVERSITY OF TEXAS | ACR 11.41 OF LOT 1 AMENDED PLAT OF NORTHFAIR CENTER | $20,278,416 | $20,278,416 | $20,278,416 |
| 442504 | UNIVERSITY OF TEXAS | 6929 AIRPORT BLVD 78752 | $14,344,515 | $14,344,515 | $14,344,515 |
Market value changed by 224% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $317,226.06 | $317,226.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $179,671.26 | $179,671.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $128,867.09 | $128,867.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $40,466.89 | $40,466.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $35,453.06 | $35,453.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $701,684.36 | $701,684.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $34,622,931 | $34,287,296 | +1.0% |
| Assessed Value | $34,622,931 | $34,287,296 | +1.0% |
| Land Value | $20,278,416 | $20,278,416 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $34,622,931 | $34,287,296 | +1.0% |
| Total Tax 2026 = estimate |
~$708,553
Estimated
|
~$701,684
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $34,622,931 | $34,622,931 | +0 (+0.0%) |
| Taxable Value | $34,622,931 | $34,622,931 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $34,622,931 | $20,278,416 | — | — | $34,622,931 | $34,622,931 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $34,287,296 | $20,278,416 | — | — | $34,287,296 | $34,287,296 | ~$701,684 | Partial |
| 2024 | $11,500,000 | — | — | — | $20,278,416 ! | $— | $659,532 | Verified |
| 2023 | $4,125,000 | — | — | — | $20,278,416 ! | $— | $533,883 | Verified |
| 2022 | $12,904,047 | — | — | — | $20,278,416 ! | $— | $481,949 | Verified |
| 2021 | $22,132,609 | — | — | −$10,726,000 | $11,406,609 | $— | $529,165 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | +4.2% | +4.2% | ~100% | 1.9300% | Verified |
| 2023 | +224.4% ! | +224.4% | ~100% | 1.5900% | Verified |
| 2022 | -68.0% | -68.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +53.7% | +11.3% | +198.2% | 2025 | -68.0% | 2023 |
| Assessment Ratio | 100.0% | 179.4% | — | 491.6% | 2023 | 51.5% | 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 |
$701,684 | $581,243 | ~$894,634 | $701,684 | 2025 | $481,949 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$38,252,374 | ~$37,716,026 | ~2.0139% | ~$759,577 | +11.6% |
| 2027 | ~$42,675,985 | ~$41,487,628 | ~1.9814% | ~$822,031 | +24.5% |
| 2028 | ~$47,611,154 | ~$45,636,391 | ~1.9488% | ~$889,380 | +38.9% |
| 2029 | ~$53,117,040 | ~$50,200,030 | ~1.9163% | ~$961,979 | +54.9% |
| 2030 | ~$59,259,641 | ~$55,220,033 | ~1.8837% | ~$1,040,203 | +72.8% |
| 2026 | ~$37,566,628 | ~$37,566,628 | ~2.0465% | ~$768,795 | +9.6% |
| 2027 | ~$41,159,605 | ~$41,159,605 | ~2.0465% | ~$842,325 | +20.0% |
| 2028 | ~$45,096,223 | ~$45,096,223 | ~2.0465% | ~$922,887 | +31.5% |
| 2029 | ~$49,409,351 | ~$49,409,351 | ~2.0465% | ~$1,011,155 | +44.1% |
| 2030 | ~$54,134,998 | ~$54,134,998 | ~2.0465% | ~$1,107,865 | +57.9% |
| 2026 | ~$38,938,120 | ~$37,716,026 | ~1.9977% | ~$753,439 | +13.6% |
| 2027 | ~$44,219,794 | ~$41,487,628 | ~1.9488% | ~$808,527 | +29.0% |
| 2028 | ~$50,217,890 | ~$45,636,391 | ~1.9000% | ~$867,099 | +46.5% |
| 2029 | ~$57,029,584 | ~$50,200,030 | ~1.8512% | ~$929,300 | +66.3% |
| 2030 | ~$64,765,235 | ~$55,220,033 | ~1.8024% | ~$995,270 | +88.9% |
In 2025, this property's market value of $34,287,296 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 24× 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 | $34,287,296 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,125,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,904,047 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $22,132,609 | $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.