825 PRAIRIE TRL TX 78758
| Owner | HENNECK C W |
|---|---|
| Parcel ID | 0246180524 |
| Short ID | 253357 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,050 SF |
| Land SF | 14,910 SF |
| Acres | 0.342 |
| Year Built | 1966 |
| Legal | LOT 11 BLK D WHITE PLAINS SEC 5 |
| Neighborhood | 83NOR |
| Land | $223,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $223,650 |
| Improvement | $88,120 |
|---|---|
| Total Improvement | $88,120 |
| Market | $311,770 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $311,770 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $311,770 |
| Taxable Value | $311,770 |
|---|
Appreciation: Market value has risen +22.5% from $254,462 (2021) to $311,770 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. 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 $6,380. 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 72% of market value ($223,650 land vs $88,120 improvements), about $15/SF of land. With value concentrated in the land under a ~60-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 $311,770, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $401,882 by 2030, with an estimated annual tax burden around $7,570. 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 | 4,050 SF | ✓ |
| 551 | PAVED AREA | 1,440 SF | ✗ |
| SO | Sketch Only | 1,050 SF | ✗ |
| 591 | MASONRY TRIM SF | 250 SF | ✗ |
| 541 | FENCE COMM LF | 140 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% | $2,884.50 | $2,884.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,633.73 | $1,633.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,171.77 | $1,171.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $367.96 | $367.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $322.37 | $322.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,380.33 | $6,380.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $353,597 | $311,770 | +13.4% |
| Assessed Value | $353,597 | $311,770 | +13.4% |
| Land Value | $223,650 | $223,650 | +0.0% |
| Improvement Value | $129,947 | $88,120 | +47.5% |
| Taxable Value | $353,597 | $311,770 | +13.4% |
| Total Tax 2026 = estimate |
~$7,236
Estimated
|
~$6,380
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $353,597 | $353,597 | +0 (+0.0%) |
| Taxable Value | $353,597 | $353,597 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $353,597 | $223,650 | $129,947 | — | $353,597 | $353,597 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $311,770 | $223,650 | $88,120 | — | $311,770 | $311,770 | ~$6,380 | Partial |
| 2024 | $343,175 | — | — | −$119,525 | $223,650 | $— | $7,149 | Verified |
| 2023 | $330,811 | — | — | −$107,161 | $223,650 | $— | $6,209 | Verified |
| 2022 | $255,054 | — | — | −$31,404 | $223,650 | $— | $6,533 | Verified |
| 2021 | $254,462 | — | — | −$30,812 | $223,650 | $— | $5,552 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.4% | +13.4% | ~100% | Not available | Partial |
| 2025 | -13.6% | -13.6% | ~100% | Not available | Partial |
| 2024 | +5.1% | +5.1% | ~100% | 1.9800% | Verified |
| 2023 | +3.7% | +3.7% | ~100% | 1.8100% | Verified |
| 2022 | +29.7% | +29.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.4% | +7.6% | +2.7% | +29.7% | 2023 | -9.2% | 2025 |
| Assessment Ratio | 100.0% | 84.7% | — | 100.0% | 2025 | 65.2% | 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 |
$6,380 | $6,365 | ~$7,082 | $7,149 | 2024 | $5,552 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$328,010 | ~$328,010 | ~2.0139% | ~$6,606 | +5.2% |
| 2027 | ~$345,096 | ~$345,096 | ~1.9814% | ~$6,838 | +10.7% |
| 2028 | ~$363,072 | ~$363,072 | ~1.9488% | ~$7,076 | +16.5% |
| 2029 | ~$381,984 | ~$381,984 | ~1.9163% | ~$7,320 | +22.5% |
| 2030 | ~$401,882 | ~$401,882 | ~1.8837% | ~$7,570 | +28.9% |
| 2026 | ~$321,775 | ~$321,775 | ~2.0465% | ~$6,585 | +3.2% |
| 2027 | ~$332,100 | ~$332,100 | ~2.0465% | ~$6,796 | +6.5% |
| 2028 | ~$342,757 | ~$342,757 | ~2.0465% | ~$7,014 | +9.9% |
| 2029 | ~$353,756 | ~$353,756 | ~2.0465% | ~$7,240 | +13.5% |
| 2030 | ~$365,108 | ~$365,108 | ~2.0465% | ~$7,472 | +17.1% |
| 2026 | ~$334,245 | ~$334,245 | ~1.9977% | ~$6,677 | +7.2% |
| 2027 | ~$358,341 | ~$358,341 | ~1.9488% | ~$6,983 | +14.9% |
| 2028 | ~$384,174 | ~$384,174 | ~1.9000% | ~$7,299 | +23.2% |
| 2029 | ~$411,869 | ~$411,869 | ~1.8512% | ~$7,624 | +32.1% |
| 2030 | ~$441,561 | ~$441,561 | ~1.8024% | ~$7,959 | +41.6% |
In 2025, this property's market value of $311,770 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -78% 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 | $311,770 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $343,175 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $330,811 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $255,054 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $254,462 | $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.