9229 WATERFORD CENTRE BLVD TX 78758
| Owner | B9 SEQUOIA WATERFORD OWNER LP |
|---|---|
| Parcel ID | 0246070509 |
| Short ID | 460819 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 57,164 SF |
| Land SF | 142,049 SF |
| Acres | 3.261 |
| Year Built | 1998 |
| Legal | LOT 3 BLK A WATERFORD CENTRE RESUB OF LOT 4 OF THE RESUB OF BLKS A & B |
| Neighborhood | 66NOR |
| Land | $2,840,980 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,840,980 |
| Improvement | $13,459,020 |
|---|---|
| Total Improvement | $13,459,020 |
| Market | $16,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,300,000 |
| Taxable Value | $16,300,000 |
|---|
Appreciation: Market value has risen +50.9% from $10,800,000 (2021) to $16,300,000 (2025), a CAGR of 10.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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 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 $333,577. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 17% of market value ($2,840,980 land vs $13,459,020 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,300,000, this parcel sits in the top quartile (≥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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,267,318 by 2030, with an estimated annual tax burden around $494,507. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 1ST | 1st Floor | 57,164 SF | ✓ |
| 491 | SPRINKLER HEADS | 55,972 SF | ✗ |
| 881 | COMMCL FINISHOUT | 53,928 SF | ✓ |
| 501 | CANOPY | 2,048 SF | ✗ |
| SO | Sketch Only | 2,048 SF | ✗ |
| 437 | FENCE MASON LF | 80 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $150,807.60 | $150,807.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $85,414.77 | $85,414.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $61,262.74 | $61,262.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,237.75 | $19,237.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,854.20 | $16,854.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $333,577.06 | $333,577.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,600,000 | $16,300,000 | -10.4% |
| Assessed Value | $14,600,000 | $16,300,000 | -10.4% |
| Land Value | $2,840,980 | $2,840,980 | +0.0% |
| Improvement Value | $11,759,020 | $13,459,020 | -12.6% |
| Taxable Value | $14,600,000 | $16,300,000 | -10.4% |
| Total Tax 2026 = estimate |
~$298,787
Estimated
|
~$333,577
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,600,000 | $14,600,000 | +0 (+0.0%) |
| Taxable Value | $14,600,000 | $14,600,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,600,000 | $2,840,980 | $11,759,020 | — | $14,600,000 | $14,600,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,300,000 | $2,840,980 | $13,459,020 | — | $16,300,000 | $16,300,000 | ~$333,577 | Partial |
| 2024 | $19,004,868 | — | — | −$16,163,888 | $2,840,980 | $— | $312,952 | Verified |
| 2023 | $15,500,000 | — | — | −$12,659,020 | $2,840,980 | $— | $298,330 | Verified |
| 2022 | $— | — | — | — | $1,420,490 | $— | $277,970 | Verified |
| 2021 | $10,800,000 | — | — | −$9,379,510 | $1,420,490 | $— | $259,968 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | -4.2% | -4.2% | ~100% | 1.7200% | Verified |
| 2023 | +22.6% | +22.6% | ~100% | 1.5700% | Verified |
| 2022 | +18.8% | +18.8% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.4% | +10.4% | +13.4% | +43.5% | 2023 | -14.2% | 2025 |
| Assessment Ratio | 100.0% | 49.3% | — | 100.0% | 2025 | 13.2% | 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 |
$333,577 | $301,207 | ~$425,304 | $333,577 | 2025 | $259,968 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$18,066,689 | ~$17,930,000 | ~2.0139% | ~$361,099 | +10.8% |
| 2027 | ~$20,024,862 | ~$19,723,000 | ~1.9814% | ~$390,789 | +22.9% |
| 2028 | ~$22,195,273 | ~$21,695,300 | ~1.9488% | ~$422,807 | +36.2% |
| 2029 | ~$24,600,926 | ~$23,864,830 | ~1.9163% | ~$457,320 | +50.9% |
| 2030 | ~$27,267,318 | ~$26,251,313 | ~1.8837% | ~$494,507 | +67.3% |
| 2026 | ~$17,740,689 | ~$17,740,689 | ~2.0465% | ~$363,061 | +8.8% |
| 2027 | ~$19,308,714 | ~$19,308,714 | ~2.0465% | ~$395,150 | +18.5% |
| 2028 | ~$21,015,331 | ~$21,015,331 | ~2.0465% | ~$430,076 | +28.9% |
| 2029 | ~$22,872,788 | ~$22,872,788 | ~2.0465% | ~$468,088 | +40.3% |
| 2030 | ~$24,894,418 | ~$24,894,418 | ~2.0465% | ~$509,461 | +52.7% |
| 2026 | ~$18,392,689 | ~$17,930,000 | ~1.9977% | ~$358,181 | +12.8% |
| 2027 | ~$20,754,049 | ~$19,723,000 | ~1.9488% | ~$384,370 | +27.3% |
| 2028 | ~$23,418,575 | ~$21,695,300 | ~1.9000% | ~$412,214 | +43.7% |
| 2029 | ~$26,425,188 | ~$23,864,830 | ~1.8512% | ~$441,784 | +62.1% |
| 2030 | ~$29,817,808 | ~$26,251,313 | ~1.8024% | ~$473,146 | +82.9% |
In 2025, this property's market value of $16,300,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $16,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $19,004,868 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $10,800,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.