2511 BUELL AVE TX 78757
| Owner | BUELL AVENUE PROPERTIES LTD |
|---|---|
| Parcel ID | 0241060835 |
| Short ID | 245897 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 15,160 SF |
| Land SF | 43,050 SF |
| Acres | 0.988 |
| Year Built | 1966 |
| Legal | LOT 1A BUELL THIRD ADDN |
| Neighborhood | 83NOR |
| Land | $1,291,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,291,500 |
| Improvement | $870,059 |
|---|---|
| Total Improvement | $870,059 |
| Market | $2,161,559 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,161,559 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,161,559 |
| Taxable Value | $2,161,559 |
|---|
Appreciation: Market value has fallen -4.7% from $2,268,605 (2021) to $2,161,559 (2025), a CAGR of -1.2% over 4 years. Growth has been relatively flat for this asset class. 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 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 $44,236. 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 60% of market value ($1,291,500 land vs $870,059 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,161,559, 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 -1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,034,826 by 2030, with an estimated annual tax burden around $38,331. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 15,160 SF | ✓ |
| 551 | PAVED AREA | 6,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,520 SF | ✗ |
| SO | Sketch Only | 1,380 SF | ✗ |
| 327 | STORAGE COMM'L | 536 SF | ✓ |
| 501 | CANOPY | 528 SF | ✗ |
| 541 | FENCE COMM LF | 300 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% | $19,998.74 | $19,998.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,326.94 | $11,326.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,124.11 | $8,124.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,551.14 | $2,551.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,235.05 | $2,235.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $44,235.98 | $44,235.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,280,690 | $2,161,559 | +5.5% |
| Assessed Value | $2,280,690 | $2,161,559 | +5.5% |
| Land Value | $1,291,500 | $1,291,500 | +0.0% |
| Improvement Value | $989,190 | $870,059 | +13.7% |
| Taxable Value | $2,280,690 | $2,161,559 | +5.5% |
| Total Tax 2026 = estimate |
~$46,674
Estimated
|
~$44,236
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,280,690 | $2,280,690 | +0 (+0.0%) |
| Taxable Value | $2,280,690 | $2,280,690 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,280,690 | $1,291,500 | $989,190 | — | $2,280,690 | $2,280,690 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,161,559 | $1,291,500 | $870,059 | — | $2,161,559 | $2,161,559 | ~$44,236 | Partial |
| 2024 | $2,456,880 | — | — | −$1,165,380 | $1,291,500 | $— | $49,391 | Verified |
| 2023 | $2,308,423 | — | — | −$1,016,923 | $1,291,500 | $— | $44,451 | Verified |
| 2022 | $2,290,741 | — | — | −$999,241 | $1,291,500 | $— | $45,590 | Verified |
| 2021 | $2,268,605 | — | — | −$977,105 | $1,291,500 | $— | $49,862 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2025 | -13.3% | -13.3% | ~100% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.9800% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.8% | +0.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.5% | +0.3% | -2.2% | +6.4% | 2024 | -12.0% | 2025 |
| Assessment Ratio | 100.0% | 70.3% | — | 100.0% | 2025 | 52.6% | 2024 |
| 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 |
$44,236 | $46,706 | ~$40,648 | $49,862 | 2021 | $44,236 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,135,596 | ~$2,135,596 | ~2.0139% | ~$43,010 | -1.2% |
| 2027 | ~$2,109,945 | ~$2,109,945 | ~1.9814% | ~$41,806 | -2.4% |
| 2028 | ~$2,084,602 | ~$2,084,602 | ~1.9488% | ~$40,626 | -3.6% |
| 2029 | ~$2,059,564 | ~$2,059,564 | ~1.9163% | ~$39,467 | -4.7% |
| 2030 | ~$2,034,826 | ~$2,034,826 | ~1.8837% | ~$38,331 | -5.9% |
| 2026 | ~$2,092,365 | ~$2,092,365 | ~2.0465% | ~$42,820 | -3.2% |
| 2027 | ~$2,025,386 | ~$2,025,386 | ~2.0465% | ~$41,449 | -6.3% |
| 2028 | ~$1,960,551 | ~$1,960,551 | ~2.0465% | ~$40,122 | -9.3% |
| 2029 | ~$1,897,792 | ~$1,897,792 | ~2.0465% | ~$38,838 | -12.2% |
| 2030 | ~$1,837,041 | ~$1,837,041 | ~2.0465% | ~$37,595 | -15.0% |
| 2026 | ~$2,178,827 | ~$2,178,827 | ~1.9977% | ~$43,526 | +0.8% |
| 2027 | ~$2,196,234 | ~$2,196,234 | ~1.9488% | ~$42,801 | +1.6% |
| 2028 | ~$2,213,779 | ~$2,213,779 | ~1.9000% | ~$42,062 | +2.4% |
| 2029 | ~$2,231,465 | ~$2,231,465 | ~1.8512% | ~$41,309 | +3.2% |
| 2030 | ~$2,249,292 | ~$2,249,292 | ~1.8024% | ~$40,541 | +4.1% |
In 2025, this property's market value of $2,161,559 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +52% 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 | $2,161,559 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,456,880 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,308,423 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,290,741 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,268,605 | $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.