OLD HY 20 TX
| Owner | C&K BROTHERS & CO LLC |
|---|---|
| Parcel ID | 0235623706 |
| Short ID | 238906 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 768 SF |
| Land SF | 25,000 SF |
| Acres | 0.574 |
| Year Built | 1980 |
| Legal | LOT 1-10,16 BLK 22 MANOR TOWN OF |
| Neighborhood | 61FEA |
| Land | $349,996 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $349,996 |
| Improvement | $1 |
|---|---|
| Total Improvement | $1 |
| Market | $349,997 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $349,997 |
| Value Limitation Adjustment (−) (homestead cap) | −$57,982 |
| Net Appraised (assessed) | $292,015 |
| Taxable Value | $292,015 |
|---|
Appreciation: Market value has risen +97.7% from $177,007 (2021) to $349,997 (2025), a CAGR of 18.6% 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 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,687. Manor ISD is the largest single contributor, at 41.1% of the total 2025 levy.
Assessment Gap: Assessed value ($292,015) is $57,982 below market value, suggesting potential for an upward assessment in future years.
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 100% of market value ($349,996 land vs $1 improvements), about $14/SF of land. With value concentrated in the land under a ~46-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 $349,997, this parcel sits in the bottom quartile (<25th 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 +18.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $820,648 by 2030, with an estimated annual tax burden around $11,343. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 768 SF | ✓ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
Market value changed by 84% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $3,157.85 | $3,157.85 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $2,492.93 | $2,492.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,097.52 | $1,097.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $344.64 | $344.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $301.94 | $301.94 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $292.02 | $292.02 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $7,686.90 | $7,686.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $406,844 | $349,997 | +16.2% |
| Assessed Value | $350,418 | $292,015 | +20.0% |
| Land Value | $349,996 | $349,996 | +0.0% |
| Improvement Value | $56,848 | $1 | +5684700.0% |
| Taxable Value | $350,418 | $292,015 | +20.0% |
| HS Cap Loss | -$56,426 | — | |
| Total Tax 2026 = estimate |
~$9,224
Estimated
|
~$7,687
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $406,844 | $406,844 | +0 (+0.0%) |
| Taxable Value | $350,418 | $350,418 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $406,844 | $349,996 | $56,848 | −$56,426 | $350,418 | $350,418 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $349,997 | $349,996 | $1 | −$57,982 | $292,015 | $292,015 | ~$7,687 | Partial |
| 2024 | $202,788 | — | — | — | $349,996 ! | $— | $6,300 | Verified |
| 2023 | $191,408 | — | — | −$16,410 | $174,998 | $— | $4,800 | Verified |
| 2022 | $193,300 | — | — | −$18,302 | $174,998 | $— | $5,196 | Verified |
| 2021 | $177,007 | — | — | −$2,009 | $174,998 | $— | $5,429 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.2% | +20.0% | 86.1% | Not available | Partial |
| 2025 | -6.0% | +20.0% | 83.4% | Not available | Partial |
| 2024 | +83.6% ! | +20.0% | 65.4% | 1.6900% | Verified |
| 2023 | +5.9% | +5.9% | ~100% | 2.3700% | Verified |
| 2022 | -1.1% | -1.1% | ~100% | 2.7100% | Verified |
| 2021 | base year | — | ~100% | 3.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +80.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.2% | +20.6% | +15.3% | +72.6% | 2025 | -1.0% | 2023 |
| Assessment Ratio | 86.1% | 103.8% | — | 172.6% | 2024 | 83.4% | 2025 |
| 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 |
$7,687 | $5,882 | ~$9,773 | $7,687 | 2025 | $4,800 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$415,033 | ~$321,216 | ~2.5883% | ~$8,314 | +18.6% |
| 2027 | ~$492,154 | ~$353,338 | ~2.5442% | ~$8,990 | +40.6% |
| 2028 | ~$583,606 | ~$388,672 | ~2.5001% | ~$9,717 | +66.7% |
| 2029 | ~$692,051 | ~$427,539 | ~2.4561% | ~$10,501 | +97.7% |
| 2030 | ~$820,648 | ~$470,293 | ~2.4120% | ~$11,343 | +134.5% |
| 2026 | ~$408,033 | ~$321,216 | ~2.6324% | ~$8,456 | +16.6% |
| 2027 | ~$475,693 | ~$353,338 | ~2.6324% | ~$9,301 | +35.9% |
| 2028 | ~$554,572 | ~$388,672 | ~2.6324% | ~$10,231 | +58.5% |
| 2029 | ~$646,531 | ~$427,539 | ~2.6324% | ~$11,254 | +84.7% |
| 2030 | ~$753,738 | ~$470,293 | ~2.6324% | ~$12,380 | +115.4% |
| 2026 | ~$422,033 | ~$321,216 | ~2.5663% | ~$8,243 | +20.6% |
| 2027 | ~$508,896 | ~$353,338 | ~2.5001% | ~$8,834 | +45.4% |
| 2028 | ~$613,636 | ~$388,672 | ~2.4340% | ~$9,460 | +75.3% |
| 2029 | ~$739,934 | ~$427,539 | ~2.3679% | ~$10,124 | +111.4% |
| 2030 | ~$892,227 | ~$470,293 | ~2.3018% | ~$10,825 | +154.9% |
In 2025, this property's market value of $349,997 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -75% 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 | $349,997 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $202,788 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $191,408 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $193,300 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $177,007 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.