1516 FERGUSON LN TX 78754
| Owner | PARKS 1420 LLC |
|---|---|
| Parcel ID | 0235230313 |
| Short ID | 238511 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 14,400 SF |
| Land SF | 88,401 SF |
| Acres | 2.029 |
| Year Built | 2016 |
| Legal | 1.0147 AC OF LOT 1 & 1.0147 AC OF LOT 2 NEAPOLITAN EAST |
| Neighborhood | 61NEA |
| Land | $442,003 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $442,003 |
| Improvement | $1,297,997 |
|---|---|
| Total Improvement | $1,297,997 |
| Market | $1,740,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,740,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,740,000 |
| Taxable Value | $1,740,000 |
|---|
Appreciation: Market value has risen +8.8% from $1,600,000 (2021) to $1,740,000 (2025), a CAGR of 2.1% over 4 years. Growth has been relatively flat for this asset class. 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $38,327. Manor ISD is the largest single contributor, at 49.1% 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 25% of market value ($442,003 land vs $1,297,997 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,740,000, this parcel sits in the upper-middle (50th–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 +2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,932,350 by 2030, with an estimated annual tax burden around $36,180. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,400 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,600 SF | ✓ |
| 501 | CANOPY | 1,296 SF | ✗ |
| 611 | TERRACE | 640 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $18,816.36 | $18,816.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,117.90 | $9,117.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,539.70 | $6,539.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,053.60 | $2,053.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,799.16 | $1,799.16 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $38,326.72 | $38,326.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,500,000 | $1,740,000 | +43.7% |
| Assessed Value | $2,088,000 | $1,740,000 | +20.0% |
| Land Value | $442,003 | $442,003 | +0.0% |
| Improvement Value | $2,057,997 | $1,297,997 | +58.6% |
| Taxable Value | $2,088,000 | $1,740,000 | +20.0% |
| HS Cap Loss | -$412,000 | — | |
| Total Tax 2026 = estimate |
~$45,992
Estimated
|
~$38,327
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,500,000 | $2,500,000 | +0 (+0.0%) |
| Taxable Value | $2,088,000 | $2,088,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,500,000 | $442,003 | $2,057,997 | −$412,000 | $2,088,000 | $2,088,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,740,000 | $442,003 | $1,297,997 | — | $1,740,000 | $1,740,000 | ~$38,327 | Partial |
| 2024 | $1,868,292 | — | — | −$1,426,289 | $442,003 | $— | $31,728 | Verified |
| 2023 | $1,700,000 | — | — | −$1,257,997 | $442,003 | $— | $38,036 | Verified |
| 2022 | $1,660,000 | — | — | −$1,217,997 | $442,003 | $— | $39,615 | Verified |
| 2021 | $1,600,000 | — | — | −$1,157,997 | $442,003 | $— | $40,952 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +43.7% | +20.0% | 83.5% | Not available | Partial |
| 2025 | +15.9% | +15.9% | ~100% | Not available | Partial |
| 2024 | -24.4% | -24.4% | ~100% | 2.1100% | Verified |
| 2023 | +16.9% | +16.9% | ~100% | 1.9100% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +43.7% | +10.6% | -4.1% | +43.7% | 2026 | -6.9% | 2025 |
| Assessment Ratio | 83.5% | 47.9% | — | 100.0% | 2025 | 23.7% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$38,327 | $37,731 | ~$37,107 | $40,952 | 2021 | $31,728 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,776,874 | ~$1,776,874 | ~2.1366% | ~$37,965 | +2.1% |
| 2027 | ~$1,814,529 | ~$1,814,529 | ~2.0705% | ~$37,571 | +4.3% |
| 2028 | ~$1,852,982 | ~$1,852,982 | ~2.0045% | ~$37,142 | +6.5% |
| 2029 | ~$1,892,250 | ~$1,892,250 | ~1.9384% | ~$36,679 | +8.8% |
| 2030 | ~$1,932,350 | ~$1,932,350 | ~1.8723% | ~$36,180 | +11.1% |
| 2026 | ~$1,742,074 | ~$1,742,074 | ~2.2027% | ~$38,372 | +0.1% |
| 2027 | ~$1,744,150 | ~$1,744,150 | ~2.2027% | ~$38,418 | +0.2% |
| 2028 | ~$1,746,229 | ~$1,746,229 | ~2.2027% | ~$38,464 | +0.4% |
| 2029 | ~$1,748,310 | ~$1,748,310 | ~2.2027% | ~$38,510 | +0.5% |
| 2030 | ~$1,750,393 | ~$1,750,393 | ~2.2027% | ~$38,556 | +0.6% |
| 2026 | ~$1,811,674 | ~$1,811,674 | ~2.1036% | ~$38,110 | +4.1% |
| 2027 | ~$1,886,300 | ~$1,886,300 | ~2.0045% | ~$37,810 | +8.4% |
| 2028 | ~$1,964,000 | ~$1,964,000 | ~1.9054% | ~$37,421 | +12.9% |
| 2029 | ~$2,044,901 | ~$2,044,901 | ~1.8062% | ~$36,936 | +17.5% |
| 2030 | ~$2,129,134 | ~$2,129,134 | ~1.7071% | ~$36,347 | +22.4% |
In 2025, this property's market value of $1,740,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +23% above 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 | $1,740,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,868,292 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,660,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,600,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.