12608 LEXINGTON ST TX 78653
| Owner | SHADOWGLEN DEVELOPMENT CORPORATION |
|---|---|
| Parcel ID | 0237622503 |
| Short ID | 860828 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,765 SF |
| Land SF | 34,282 SF |
| Acres | 0.787 |
| Year Built | 2015 |
| Legal | LOT 1A BLK A SHADOWVIEW COMMERCIAL SEC 2 - LOT 1 BLK A SUBD |
| Neighborhood | 33FEA |
| Land | $685,634 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $685,634 |
| Improvement | $597,691 |
|---|---|
| Total Improvement | $597,691 |
| Market | $1,283,325 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,283,325 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,283,325 |
| Taxable Value | $1,283,325 |
|---|
Appreciation: Market value has risen +32.0% from $972,158 (2021) to $1,283,325 (2025), a CAGR of 7.2% over 4 years. This represents moderate, steady growth. 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 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $33,782. Manor ISD is the largest single contributor, at 41.1% 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 53% of market value ($685,634 land vs $597,691 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,283,325, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,815,877 by 2030, with an estimated annual tax burden around $43,799. 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 | 8,000 SF | ✗ |
| 1ST | 1st Floor | 1,765 SF | ✓ |
| 501 | CANOPY | 1,329 SF | ✗ |
| 611 | TERRACE | 1,279 SF | ✗ |
| 437 | FENCE MASON LF | 20 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $13,877.88 | $13,877.88 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $10,955.75 | $10,955.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,823.31 | $4,823.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,514.62 | $1,514.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,326.96 | $1,326.96 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $1,283.33 | $1,283.33 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $33,781.85 | $33,781.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,283,325 | $1,283,325 | +0.0% |
| Assessed Value | $1,283,325 | $1,283,325 | +0.0% |
| Land Value | $685,634 | $685,634 | +0.0% |
| Improvement Value | $597,691 | $597,691 | +0.0% |
| Taxable Value | $1,283,325 | $1,283,325 | +0.0% |
| Total Tax 2026 = estimate |
~$33,782
Estimated
|
~$33,782
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,283,325 | $1,283,325 | +0 (+0.0%) |
| Taxable Value | $1,283,325 | $1,283,325 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,283,325 | $685,634 | $597,691 | — | $1,283,325 | $1,283,325 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,283,325 | $685,634 | $597,691 | — | $1,283,325 | $1,283,325 | ~$33,782 | Partial |
| 2024 | $1,367,086 | — | — | −$681,452 | $685,634 | $— | $35,453 | Verified |
| 2023 | $1,170,783 | — | — | −$485,149 | $685,634 | $— | $32,361 | Verified |
| 2022 | $1,065,483 | — | — | −$551,257 | $514,226 | $— | $31,782 | Verified |
| 2021 | $972,158 | — | — | −$457,932 | $514,226 | $— | $29,926 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -6.3% | -6.3% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | 2.5900% | Verified |
| 2023 | +16.8% | +16.8% | ~100% | 2.3700% | Verified |
| 2022 | +9.9% | +9.9% | ~100% | 2.7100% | Verified |
| 2021 | base year | — | ~100% | 3.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.0% | +7.2% | +16.8% | 2024 | -6.1% | 2025 |
| Assessment Ratio | 100.0% | 68.3% | — | 100.0% | 2025 | 48.3% | 2022 |
| Effective Tax Rate (2025) | 2.6300% | 2.6300% | — | 2.6300% | 2025 | 2.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$33,782 | $32,661 | ~$39,608 | $35,453 | 2024 | $29,926 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,375,582 | ~$1,375,582 | ~2.5883% | ~$35,604 | +7.2% |
| 2027 | ~$1,474,472 | ~$1,474,472 | ~2.5442% | ~$37,514 | +14.9% |
| 2028 | ~$1,580,471 | ~$1,580,471 | ~2.5001% | ~$39,514 | +23.2% |
| 2029 | ~$1,694,090 | ~$1,694,090 | ~2.4561% | ~$41,608 | +32.0% |
| 2030 | ~$1,815,877 | ~$1,815,877 | ~2.4120% | ~$43,799 | +41.5% |
| 2026 | ~$1,349,916 | ~$1,349,916 | ~2.6324% | ~$35,535 | +5.2% |
| 2027 | ~$1,419,962 | ~$1,419,962 | ~2.6324% | ~$37,379 | +10.6% |
| 2028 | ~$1,493,643 | ~$1,493,643 | ~2.6324% | ~$39,318 | +16.4% |
| 2029 | ~$1,571,147 | ~$1,571,147 | ~2.6324% | ~$41,358 | +22.4% |
| 2030 | ~$1,652,673 | ~$1,652,673 | ~2.6324% | ~$43,504 | +28.8% |
| 2026 | ~$1,401,249 | ~$1,401,249 | ~2.5663% | ~$35,960 | +9.2% |
| 2027 | ~$1,530,009 | ~$1,530,009 | ~2.5001% | ~$38,252 | +19.2% |
| 2028 | ~$1,670,600 | ~$1,670,600 | ~2.4340% | ~$40,663 | +30.2% |
| 2029 | ~$1,824,111 | ~$1,824,111 | ~2.3679% | ~$43,193 | +42.1% |
| 2030 | ~$1,991,727 | ~$1,991,727 | ~2.3018% | ~$45,845 | +55.2% |
In 2025, this property's market value of $1,283,325 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -9% 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 | $1,283,325 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,367,086 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,170,783 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,065,483 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $972,158 | $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.