703 VICTOR ST TX 78753
| Owner | ROUND ROCK INVESTMENTS LLC |
|---|---|
| Parcel ID | 0244220206 |
| Short ID | 250797 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 3,450 SF |
| Land SF | 12,284 SF |
| Acres | 0.282 |
| Year Built | 2017 |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR .28 * OR E 82.5FT LOT 8 BLK D LUDWIG EDDIE (UNRECORDED) |
| Neighborhood | 83NOR |
| Land | $307,098 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $307,098 |
| Improvement | $182,830 |
|---|---|
| Total Improvement | $182,830 |
| Market | $489,928 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $489,928 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $489,928 |
| Taxable Value | $489,928 |
|---|
Appreciation: Market value has risen +65.5% from $296,000 (2021) to $489,928 (2025), a CAGR of 13.4% over 4 years. This is strong appreciation — well above typical inflation. 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $10,026. 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 63% of market value ($307,098 land vs $182,830 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $489,928, 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 +13.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $919,778 by 2030, with an estimated annual tax burden around $14,863. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,450 SF | ✓ |
Market value changed by 84% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,532.81 | $4,532.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,567.31 | $2,567.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,841.37 | $1,841.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $578.23 | $578.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $506.59 | $506.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,026.31 | $10,026.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $496,825 | $489,928 | +1.4% |
| Assessed Value | $496,825 | $489,928 | +1.4% |
| Land Value | $307,098 | $307,098 | +0.0% |
| Improvement Value | $189,727 | $182,830 | +3.8% |
| Taxable Value | $496,825 | $489,928 | +1.4% |
| Total Tax 2026 = estimate |
~$10,167
Estimated
|
~$10,026
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $496,825 | $496,825 | +0 (+0.0%) |
| Taxable Value | $496,825 | $496,825 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $496,825 | $307,098 | $189,727 | — | $496,825 | $496,825 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $489,928 | $307,098 | $182,830 | — | $489,928 | $489,928 | ~$10,026 | Partial |
| 2024 | $549,242 | — | — | −$239,867 | $309,375 | $— | $11,773 | Verified |
| 2023 | $298,044 | — | — | −$50,544 | $247,500 | $— | $9,937 | Verified |
| 2022 | $298,044 | — | — | −$149,544 | $148,500 | $— | $5,886 | Verified |
| 2021 | $296,000 | — | — | −$147,500 | $148,500 | $— | $6,487 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2025 | -17.5% | -17.5% | ~100% | Not available | Partial |
| 2024 | +8.2% | +8.2% | ~100% | 1.9800% | Verified |
| 2023 | +84.3% ! | +84.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.4% | +15.1% | +13.1% | +84.3% | 2024 | -10.8% | 2025 |
| Assessment Ratio | 100.0% | 73.2% | — | 100.0% | 2025 | 49.8% | 2022 |
| 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 |
$10,026 | $8,822 | ~$12,783 | $11,773 | 2024 | $5,886 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$555,703 | ~$538,921 | ~2.0139% | ~$10,854 | +13.4% |
| 2027 | ~$630,308 | ~$592,813 | ~1.9814% | ~$11,746 | +28.7% |
| 2028 | ~$714,929 | ~$652,094 | ~1.9488% | ~$12,708 | +45.9% |
| 2029 | ~$810,910 | ~$717,304 | ~1.9163% | ~$13,746 | +65.5% |
| 2030 | ~$919,778 | ~$789,034 | ~1.8837% | ~$14,863 | +87.7% |
| 2026 | ~$545,904 | ~$538,921 | ~2.0465% | ~$11,029 | +11.4% |
| 2027 | ~$608,275 | ~$592,813 | ~2.0465% | ~$12,132 | +24.2% |
| 2028 | ~$677,773 | ~$652,094 | ~2.0465% | ~$13,345 | +38.3% |
| 2029 | ~$755,211 | ~$717,304 | ~2.0465% | ~$14,680 | +54.1% |
| 2030 | ~$841,497 | ~$789,034 | ~2.0465% | ~$16,147 | +71.8% |
| 2026 | ~$565,501 | ~$538,921 | ~1.9977% | ~$10,766 | +15.4% |
| 2027 | ~$652,732 | ~$592,813 | ~1.9488% | ~$11,553 | +33.2% |
| 2028 | ~$753,418 | ~$652,094 | ~1.9000% | ~$12,390 | +53.8% |
| 2029 | ~$869,635 | ~$717,304 | ~1.8512% | ~$13,279 | +77.5% |
| 2030 | ~$1,003,779 | ~$789,034 | ~1.8024% | ~$14,221 | +104.9% |
In 2025, this property's market value of $489,928 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -65% 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 | $489,928 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $549,242 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $298,044 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $298,044 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $296,000 | $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.