611 CARPENTER AVE TX 78753
| Owner | 611 CARPENTER LLC |
|---|---|
| Parcel ID | 0239160221 |
| Short ID | 243031 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 11,040 SF |
| Land SF | 22,800 SF |
| Acres | 0.523 |
| Year Built | 1985 |
| Legal | LOT 2 CHAPMAN DOYLE SUBD |
| Neighborhood | 52NOR |
| Land | $456,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $456,000 |
| Improvement | $628,059 |
|---|---|
| Total Improvement | $628,059 |
| Market | $1,084,059 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,084,059 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,084,059 |
| Taxable Value | $1,084,059 |
|---|
Appreciation: Market value has fallen -21.2% from $1,375,135 (2021) to $1,084,059 (2025), a CAGR of -5.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $22,185. 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 42% of market value ($456,000 land vs $628,059 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,084,059, 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 -5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $805,262 by 2030, with an estimated annual tax burden around $15,169. 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 | 13,860 SF | ✗ |
| 1ST | 1st Floor | 5,520 SF | ✓ |
| 2ND | 2nd Floor | 5,520 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,400 SF | ✗ |
| 501 | CANOPY | 1,368 SF | ✗ |
| 482 | LIGHT POLES | 4 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $10,029.71 | $10,029.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,680.65 | $5,680.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,074.38 | $4,074.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,279.44 | $1,279.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,120.92 | $1,120.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,185.10 | $22,185.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,207,763 | $1,084,059 | +11.4% |
| Assessed Value | $1,207,763 | $1,084,059 | +11.4% |
| Land Value | $456,000 | $456,000 | +0.0% |
| Improvement Value | $751,763 | $628,059 | +19.7% |
| Taxable Value | $1,207,763 | $1,084,059 | +11.4% |
| Total Tax 2026 = estimate |
~$24,717
Estimated
|
~$22,185
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,207,763 | $1,207,763 | +0 (+0.0%) |
| Taxable Value | $1,207,763 | $1,207,763 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,207,763 | $456,000 | $751,763 | — | $1,207,763 | $1,207,763 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,084,059 | $456,000 | $628,059 | — | $1,084,059 | $1,084,059 | ~$22,185 | Partial |
| 2024 | $1,000,000 | — | — | −$544,000 | $456,000 | $— | $19,818 | Verified |
| 2023 | $1,000,000 | — | — | −$544,000 | $456,000 | $— | $18,092 | Verified |
| 2022 | $1,320,000 | — | — | −$864,000 | $456,000 | $— | $19,749 | Verified |
| 2021 | $1,375,135 | — | — | −$919,135 | $456,000 | $— | $28,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2025 | -15.7% | -9.7% | ~100% | Not available | Partial |
| 2024 | -9.5% | -15.6% | 93.3% | 1.5400% | Verified |
| 2023 | +42.2% | +42.2% | ~100% | 1.2700% | Verified |
| 2022 | -24.2% | -24.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -17.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.4% | -1.7% | -7.7% | +11.4% | 2026 | -24.2% | 2023 |
| Assessment Ratio | 100.0% | 59.8% | — | 100.0% | 2025 | 33.2% | 2021 |
| 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 |
$22,185 | $21,715 | ~$17,773 | $28,732 | 2021 | $18,092 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,021,480 | ~$1,021,480 | ~2.0139% | ~$20,572 | -5.8% |
| 2027 | ~$962,513 | ~$962,513 | ~1.9814% | ~$19,071 | -11.2% |
| 2028 | ~$906,951 | ~$906,951 | ~1.9488% | ~$17,675 | -16.3% |
| 2029 | ~$854,595 | ~$854,595 | ~1.9163% | ~$16,377 | -21.2% |
| 2030 | ~$805,262 | ~$805,262 | ~1.8837% | ~$15,169 | -25.7% |
| 2026 | ~$1,029,856 | ~$1,029,856 | ~2.0465% | ~$21,076 | -5.0% |
| 2027 | ~$978,363 | ~$978,363 | ~2.0465% | ~$20,022 | -9.8% |
| 2028 | ~$929,445 | ~$929,445 | ~2.0465% | ~$19,021 | -14.3% |
| 2029 | ~$882,973 | ~$882,973 | ~2.0465% | ~$18,070 | -18.5% |
| 2030 | ~$838,824 | ~$838,824 | ~2.0465% | ~$17,166 | -22.6% |
| 2026 | ~$1,043,161 | ~$1,043,161 | ~1.9977% | ~$20,839 | -3.8% |
| 2027 | ~$1,003,806 | ~$1,003,806 | ~1.9488% | ~$19,563 | -7.4% |
| 2028 | ~$965,936 | ~$965,936 | ~1.9000% | ~$18,353 | -10.9% |
| 2029 | ~$929,494 | ~$929,494 | ~1.8512% | ~$17,207 | -14.3% |
| 2030 | ~$894,428 | ~$894,428 | ~1.8024% | ~$16,121 | -17.5% |
In 2025, this property's market value of $1,084,059 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -24% 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 | $1,084,059 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,320,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,375,135 | $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.