1115 W ANDERSON LN AUSTIN, TX 78757
| Owner | ORCID HOLDINGS LLC |
|---|---|
| Parcel ID | 0235100408 |
| Short ID | 237831 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 3,814 SF |
| Land SF | 20,343 SF |
| Acres | 0.467 |
| Year Built | 1965 |
| Legal | LOT 5 BLK E LESS N 15FT NORTHGATE ADDN |
| Neighborhood | 83CEN |
| Land | $915,413 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $915,413 |
| Improvement | $74,587 |
|---|---|
| Total Improvement | $74,587 |
| Market | $990,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $990,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $990,000 |
| Taxable Value | $990,000 |
|---|
Appreciation: Market value has risen +45.9% from $678,481 (2021) to $990,000 (2025), a CAGR of 9.9% 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 $20,260. 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 92% of market value ($915,413 land vs $74,587 improvements), about $45/SF of land. With value concentrated in the land under a ~61-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 $990,000, 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,587,658 by 2030, with an estimated annual tax burden around $29,907. 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 | 4,800 SF | ✗ |
| 1ST | 1st Floor | 3,814 SF | ✓ |
| 611 | TERRACE | 488 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 406 SF | ✗ |
| 613C | TERRACE COVERED COMM | 360 SF | ✗ |
| SO | Sketch Only | 352 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 60 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 60 SF | ✗ |
| 251 | BATHROOM | 1 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
Market value changed by 78% 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% | $9,159.48 | $9,159.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,187.77 | $5,187.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,720.87 | $3,720.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,168.43 | $1,168.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,023.66 | $1,023.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,260.21 | $20,260.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $990,000 | $990,000 | +0.0% |
| Assessed Value | $990,000 | $990,000 | +0.0% |
| Land Value | $915,413 | $915,413 | +0.0% |
| Improvement Value | $74,587 | $74,587 | +0.0% |
| Taxable Value | $990,000 | $990,000 | +0.0% |
| Total Tax 2026 = estimate |
~$20,260
Estimated
|
~$20,260
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,176,625 | $990,000 | -186,625 (-15.9%) |
| Taxable Value | $1,176,625 | $990,000 | -186,625 (-15.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $990,000 | $915,413 | $74,587 | — | $990,000 | $990,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $990,000 | $915,413 | $74,587 | — | $990,000 | $990,000 | ~$20,260 | Partial |
| 2024 | $1,016,858 | — | — | −$101,445 | $915,413 | $— | $19,481 | Verified |
| 2023 | $610,000 | — | — | — | $915,413 ! | $— | $18,397 | Verified |
| 2022 | $681,210 | — | — | −$172,647 | $508,563 | $— | $12,047 | Verified |
| 2021 | $678,481 | — | — | −$169,918 | $508,563 | $— | $14,828 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.9% | +18.9% | ~100% | Not available | Partial |
| 2025 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2024 | -9.6% | -9.6% | ~100% | 1.9800% | Verified |
| 2023 | +78.3% ! | +78.3% | ~100% | 1.6900% | Verified |
| 2022 | -10.5% | -10.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +10.8% | +9.9% | +66.7% | 2024 | -10.5% | 2023 |
| Assessment Ratio | 100.0% | 98.3% | — | 150.1% | 2023 | 74.7% | 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 |
$20,260 | $17,003 | ~$25,762 | $20,260 | 2025 | $12,047 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,088,077 | ~$1,088,077 | ~2.0139% | ~$21,913 | +9.9% |
| 2027 | ~$1,195,870 | ~$1,195,870 | ~1.9814% | ~$23,695 | +20.8% |
| 2028 | ~$1,314,342 | ~$1,314,342 | ~1.9488% | ~$25,614 | +32.8% |
| 2029 | ~$1,444,550 | ~$1,444,550 | ~1.9163% | ~$27,682 | +45.9% |
| 2030 | ~$1,587,658 | ~$1,587,658 | ~1.8837% | ~$29,907 | +60.4% |
| 2026 | ~$1,068,277 | ~$1,068,277 | ~2.0465% | ~$21,862 | +7.9% |
| 2027 | ~$1,152,743 | ~$1,152,743 | ~2.0465% | ~$23,591 | +16.4% |
| 2028 | ~$1,243,887 | ~$1,243,887 | ~2.0465% | ~$25,456 | +25.6% |
| 2029 | ~$1,342,238 | ~$1,342,238 | ~2.0465% | ~$27,469 | +35.6% |
| 2030 | ~$1,448,366 | ~$1,448,366 | ~2.0465% | ~$29,641 | +46.3% |
| 2026 | ~$1,107,877 | ~$1,089,000 | ~1.9977% | ~$21,755 | +11.9% |
| 2027 | ~$1,239,789 | ~$1,197,900 | ~1.9488% | ~$23,345 | +25.2% |
| 2028 | ~$1,387,408 | ~$1,317,690 | ~1.9000% | ~$25,036 | +40.1% |
| 2029 | ~$1,552,603 | ~$1,449,459 | ~1.8512% | ~$26,832 | +56.8% |
| 2030 | ~$1,737,467 | ~$1,594,405 | ~1.8024% | ~$28,737 | +75.5% |
In 2025, this property's market value of $990,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -30% 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 | $990,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,016,858 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $610,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $681,210 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $678,481 | $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.