9511 BROWN LN TX 78754
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0237260306 |
| Short ID | 240744 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 12,000 SF |
| Land SF | 217,103 SF |
| Acres | 4.984 |
| Year Built | 1984 |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR 4.984 |
| Neighborhood | 61NEA |
| Land | $651,309 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $651,309 |
| Improvement | $1,205,557 |
|---|---|
| Total Improvement | $1,205,557 |
| Market | $1,856,866 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,856,866 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,856,866 |
| Taxable Value | $1,856,866 |
|---|
Appreciation: Market value has risen +24.5% from $1,491,808 (2021) to $1,856,866 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7053% in 2025 (+0.0402% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $31,665. Manor ISD is the largest single contributor, at 63.4% 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 35% of market value ($651,309 land vs $1,205,557 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,856,866, 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,441,266 by 2030, with an estimated annual tax burden around $32,454. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 88,000 SF | ✗ |
| 1ST | 1st Floor | 12,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 4,000 SF | ✓ |
| 611 | TERRACE | 1,976 SF | ✗ |
| 541 | FENCE COMM LF | 800 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $20,080.15 | $20,080.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,978.94 | $6,978.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,191.53 | $2,191.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,920.00 | $1,920.00 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $493.93 | $493.93 | Paid |
| Combined Rate | 2.0060% | 1.9276% | 1.6300% | 1.6651% | 1.7053% | +0.0402% | $31,664.55 | $31,664.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,835,909 | $1,856,866 | +52.7% |
| Assessed Value | $2,228,239 | $1,856,866 | +20.0% |
| Land Value | $651,309 | $651,309 | +0.0% |
| Improvement Value | $2,184,600 | $1,205,557 | +81.2% |
| Taxable Value | $2,228,239 | $1,856,866 | +20.0% |
| HS Cap Loss | -$607,670 | — | |
| Total Tax 2026 = estimate |
~$37,997
Estimated
|
~$31,665
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,835,909 | $2,835,909 | +0 (+0.0%) |
| Taxable Value | $2,228,239 | $2,228,239 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,835,909 | $651,309 | $2,184,600 | −$607,670 | $2,228,239 | $2,228,239 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,856,866 | $651,309 | $1,205,557 | — | $1,856,866 | $1,856,866 | ~$31,665 | Partial |
| 2024 | $1,729,432 | — | — | −$1,078,123 | $651,309 | $— | $25,578 | Verified |
| 2023 | $1,581,378 | — | — | −$1,147,172 | $434,206 | $— | $28,191 | Verified |
| 2022 | $1,513,897 | — | — | −$1,079,691 | $434,206 | $— | $30,483 | Verified |
| 2021 | $1,491,808 | — | — | −$1,057,602 | $434,206 | $— | $30,368 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +52.7% | +20.0% | 78.6% | Not available | Partial |
| 2025 | +20.9% | +20.9% | ~100% | Not available | Partial |
| 2024 | -11.2% | -11.2% | ~100% | 1.6700% | Verified |
| 2023 | +9.4% | +9.4% | ~100% | 1.6300% | Verified |
| 2022 | +4.5% | +4.5% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +52.7% | +15.1% | -1.7% | +52.7% | 2026 | +1.5% | 2022 |
| Assessment Ratio | 78.6% | 50.3% | — | 100.0% | 2025 | 27.5% | 2023 |
| Effective Tax Rate (2025) | 1.7100% | 1.7100% | — | 1.7100% | 2025 | 1.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,665 | $29,257 | ~$32,296 | $31,665 | 2025 | $25,578 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,961,316 | ~$1,961,316 | ~1.6301% | ~$31,971 | +5.6% |
| 2027 | ~$2,071,640 | ~$2,071,640 | ~1.5549% | ~$32,212 | +11.6% |
| 2028 | ~$2,188,171 | ~$2,188,171 | ~1.4797% | ~$32,379 | +17.8% |
| 2029 | ~$2,311,257 | ~$2,311,257 | ~1.4046% | ~$32,463 | +24.5% |
| 2030 | ~$2,441,266 | ~$2,441,266 | ~1.3294% | ~$32,454 | +31.5% |
| 2026 | ~$1,924,178 | ~$1,924,178 | ~1.7053% | ~$32,812 | +3.6% |
| 2027 | ~$1,993,931 | ~$1,993,931 | ~1.7053% | ~$34,002 | +7.4% |
| 2028 | ~$2,066,211 | ~$2,066,211 | ~1.7053% | ~$35,234 | +11.3% |
| 2029 | ~$2,141,113 | ~$2,141,113 | ~1.7053% | ~$36,512 | +15.3% |
| 2030 | ~$2,218,729 | ~$2,218,729 | ~1.7053% | ~$37,835 | +19.5% |
| 2026 | ~$1,998,453 | ~$1,998,453 | ~1.5925% | ~$31,825 | +7.6% |
| 2027 | ~$2,150,836 | ~$2,150,836 | ~1.4797% | ~$31,827 | +15.8% |
| 2028 | ~$2,314,838 | ~$2,314,838 | ~1.3670% | ~$31,643 | +24.7% |
| 2029 | ~$2,491,345 | ~$2,491,345 | ~1.2542% | ~$31,246 | +34.2% |
| 2030 | ~$2,681,312 | ~$2,681,312 | ~1.1414% | ~$30,605 | +44.4% |
In 2025, this property's market value of $1,856,866 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +31% 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 | $1,856,866 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,729,432 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,581,378 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,513,897 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,491,808 | $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.