621 W ANDERSON LN AUSTIN, TX 78752
| Owner | AUSTIN CENTER |
|---|---|
| Parcel ID | 0234110810 |
| Short ID | 236464 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 137,700 SF |
| Land SF | 433,017 SF |
| Acres | 9.941 |
| Year Built | 1982 |
| Legal | LOT 1 NORTHWAY CREST SEC 4 |
| Neighborhood | 66NOR |
| Land | $12,990,507 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,990,507 |
| Improvement | $15,009,493 |
|---|---|
| Total Improvement | $15,009,493 |
| Market | $28,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $28,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $28,000,000 |
| Taxable Value | $28,000,000 |
|---|
Appreciation: Market value has risen +195.6% from $9,471,400 (2021) to $28,000,000 (2025), a CAGR of 31.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $573,016. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 46% of market value ($12,990,507 land vs $15,009,493 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $28,000,000, 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 +31.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $108,539,508 by 2030, with an estimated annual tax burden around $849,460. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 153,930 SF | ✗ |
| 1ST | 1st Floor | 137,700 SF | ✓ |
| 881 | COMMCL FINISHOUT | 130,950 SF | ✓ |
| 501 | CANOPY | 23,002 SF | ✗ |
| 091 | HVAC COMMRCL TON | 5 SF | ✗ |
Market value changed by 137% 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% | $245,178.00 | $245,178.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $138,864.51 | $138,864.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $99,598.93 | $99,598.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,276.10 | $31,276.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,401.00 | $27,401.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $542,318.54 | $542,318.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,000,000 | $28,000,000 | -3.6% |
| Assessed Value | $27,000,000 | $28,000,000 | -3.6% |
| Land Value | $12,990,507 | $12,990,507 | +0.0% |
| Improvement Value | $14,009,493 | $15,009,493 | -6.7% |
| Taxable Value | $27,000,000 | $28,000,000 | -3.6% |
| Total Tax 2026 = estimate |
~$552,551
Estimated
|
~$542,319
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,000,000 | $27,000,000 | +0 (+0.0%) |
| Taxable Value | $27,000,000 | $27,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $27,000,000 | $12,990,507 | $14,009,493 | — | $27,000,000 | $27,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $28,000,000 | $12,990,507 | $15,009,493 | — | $28,000,000 | $28,000,000 | ~$542,319 | Partial |
| 2024 | $23,250,000 | — | — | −$10,259,493 | $12,990,507 | $— | $472,663 | Verified |
| 2023 | $10,953,600 | — | — | — | $12,990,507 ! | $— | $423,367 | Verified |
| 2022 | $10,000,000 | — | — | −$3,581,590 | $6,418,410 | $— | $216,325 | Verified |
| 2021 | $9,471,400 | — | — | −$5,192,460 | $4,278,940 | $— | $217,668 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2025 | +17.4% | +17.4% | ~100% | Not available | Partial |
| 2024 | -8.3% | -8.3% | ~100% | 1.9800% | Verified |
| 2023 | +137.4% ! | +137.4% | ~100% | 1.6300% | Verified |
| 2022 | +9.5% | +9.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +180.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.6% | +28.8% | +32.1% | +112.3% | 2024 | -3.6% | 2026 |
| Assessment Ratio | 100.0% | 80.6% | — | 118.6% | 2023 | 45.2% | 2021 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$542,319 | $374,468 | ~$730,584 | $542,319 | 2025 | $216,325 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$36,715,039 | ~$30,800,000 | ~2.0139% | ~$620,292 | +31.1% |
| 2027 | ~$48,142,646 | ~$33,880,000 | ~1.9814% | ~$671,294 | +71.9% |
| 2028 | ~$63,127,112 | ~$37,268,000 | ~1.9488% | ~$726,294 | +125.5% |
| 2029 | ~$82,775,514 | ~$40,994,800 | ~1.9163% | ~$785,580 | +195.6% |
| 2030 | ~$108,539,508 | ~$45,094,280 | ~1.8837% | ~$849,460 | +287.6% |
| 2026 | ~$36,155,039 | ~$30,800,000 | ~2.0465% | ~$630,317 | +29.1% |
| 2027 | ~$46,685,245 | ~$33,880,000 | ~2.0465% | ~$693,349 | +66.7% |
| 2028 | ~$60,282,387 | ~$37,268,000 | ~2.0465% | ~$762,684 | +115.3% |
| 2029 | ~$77,839,717 | ~$40,994,800 | ~2.0465% | ~$838,952 | +178.0% |
| 2030 | ~$100,510,643 | ~$45,094,280 | ~2.0465% | ~$922,848 | +259.0% |
| 2026 | ~$37,275,039 | ~$30,800,000 | ~1.9977% | ~$615,280 | +33.1% |
| 2027 | ~$49,622,448 | ~$33,880,000 | ~1.9488% | ~$660,267 | +77.2% |
| 2028 | ~$66,059,953 | ~$37,268,000 | ~1.9000% | ~$708,098 | +135.9% |
| 2029 | ~$87,942,404 | ~$40,994,800 | ~1.8512% | ~$758,893 | +214.1% |
| 2030 | ~$117,073,448 | ~$45,094,280 | ~1.8024% | ~$812,766 | +318.1% |
In 2025, this property's market value of $28,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 20× 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 | $28,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $23,250,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,953,600 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,471,400 | $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.