2514 BUELL AVE TX 78757
| Owner | BUELL AVENUE PROPERTIES LTD |
|---|---|
| Parcel ID | 0241060934 |
| Short ID | 888996 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,720 SF |
| Land SF | 12,632 SF |
| Acres | 0.290 |
| Year Built | 1973 |
| Legal | LOT 1 BUELL SUBD |
| Neighborhood | 59NOR |
| Land | $378,972 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $378,972 |
| Improvement | $48,036 |
|---|---|
| Total Improvement | $48,036 |
| Market | $427,008 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $427,008 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $427,008 |
| Taxable Value | $427,008 |
|---|
Appreciation: Market value has risen +6.1% from $402,395 (2021) to $427,008 (2025), a CAGR of 1.5% over 4 years. Growth has been relatively flat for this asset class. 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 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 $8,739. 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 89% of market value ($378,972 land vs $48,036 improvements), about $30/SF of land. With value concentrated in the land under a ~53-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 $427,008, 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 +1.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $459,902 by 2030, with an estimated annual tax burden around $8,663. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,720 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,720 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 400 SF | ✗ |
| 630C | PORCH CLOS FIN COMM | 378 SF | ✓ |
| 251 | BATHROOM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,950.68 | $3,950.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,237.59 | $2,237.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,604.89 | $1,604.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $503.97 | $503.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $441.53 | $441.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,738.66 | $8,738.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $427,008 | $427,008 | +0.0% |
| Assessed Value | $427,008 | $427,008 | +0.0% |
| Land Value | $378,972 | $378,972 | +0.0% |
| Improvement Value | $48,036 | $48,036 | +0.0% |
| Taxable Value | $427,008 | $427,008 | +0.0% |
| Total Tax 2026 = estimate |
~$8,739
Estimated
|
~$8,739
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $571,039 | $427,008 | -144,031 (-25.2%) |
| Taxable Value | $512,410 | $427,008 | -85,402 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $427,008 | $378,972 | $48,036 | — | $427,008 | $427,008 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $427,008 | $378,972 | $48,036 | — | $427,008 | $427,008 | ~$8,739 | Partial |
| 2024 | $435,072 | — | — | −$56,100 | $378,972 | $— | $8,660 | Verified |
| 2023 | $415,000 | — | — | −$36,028 | $378,972 | $— | $7,872 | Verified |
| 2022 | $404,130 | — | — | −$25,158 | $378,972 | $— | $8,196 | Verified |
| 2021 | $402,395 | — | — | −$23,423 | $378,972 | $— | $8,797 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.7% | +20.0% | 89.7% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2024 | -5.6% | -5.6% | ~100% | 1.9800% | Verified |
| 2023 | +11.5% | +11.5% | ~100% | 1.7000% | Verified |
| 2022 | +2.7% | +2.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.2% | +1.5% | +4.8% | 2024 | -1.9% | 2025 |
| Assessment Ratio | 100.0% | 94.4% | — | 100.0% | 2025 | 87.1% | 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 |
$8,739 | $8,453 | ~$8,698 | $8,797 | 2021 | $7,872 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$433,393 | ~$433,393 | ~2.0139% | ~$8,728 | +1.5% |
| 2027 | ~$439,873 | ~$439,873 | ~1.9814% | ~$8,716 | +3.0% |
| 2028 | ~$446,451 | ~$446,451 | ~1.9488% | ~$8,701 | +4.6% |
| 2029 | ~$453,126 | ~$453,126 | ~1.9163% | ~$8,683 | +6.1% |
| 2030 | ~$459,902 | ~$459,902 | ~1.8837% | ~$8,663 | +7.7% |
| 2026 | ~$424,853 | ~$424,853 | ~2.0465% | ~$8,695 | -0.5% |
| 2027 | ~$422,709 | ~$422,709 | ~2.0465% | ~$8,651 | -1.0% |
| 2028 | ~$420,575 | ~$420,575 | ~2.0465% | ~$8,607 | -1.5% |
| 2029 | ~$418,452 | ~$418,452 | ~2.0465% | ~$8,564 | -2.0% |
| 2030 | ~$416,340 | ~$416,340 | ~2.0465% | ~$8,520 | -2.5% |
| 2026 | ~$441,933 | ~$441,933 | ~1.9977% | ~$8,828 | +3.5% |
| 2027 | ~$457,380 | ~$457,380 | ~1.9488% | ~$8,914 | +7.1% |
| 2028 | ~$473,367 | ~$473,367 | ~1.9000% | ~$8,994 | +10.9% |
| 2029 | ~$489,912 | ~$489,912 | ~1.8512% | ~$9,069 | +14.7% |
| 2030 | ~$507,036 | ~$507,036 | ~1.8024% | ~$9,139 | +18.7% |
In 2025, this property's market value of $427,008 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -70% 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 | $427,008 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $435,072 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $415,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $404,130 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $402,395 | $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.