611 E BRAKER LN TX 78753
| Owner | EE MERCADO INVESTMENTS LLC |
|---|---|
| Parcel ID | 0246230503 |
| Short ID | 253447 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,446 SF |
| Land SF | 68,379 SF |
| Acres | 1.570 |
| Year Built | 1984 |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR 0.7410 AKA LT 7B LUDWIG EDDIE (UNRECORDED) |
| Neighborhood | 61NOR |
| Land | $1,709,475 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,709,475 |
| Improvement | $270,428 |
|---|---|
| Total Improvement | $270,428 |
| Market | $1,979,903 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,979,903 |
| Value Limitation Adjustment (−) (homestead cap) | −$300,797 |
| Net Appraised (assessed) | $1,679,106 |
| Taxable Value | $1,679,106 |
|---|
Appreciation: Market value has risen +96.5% from $1,007,436 (2021) to $1,979,903 (2025), a CAGR of 18.4% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $34,363. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,679,106) is $300,797 below market value, suggesting potential for an upward assessment in future years.
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 86% of market value ($1,709,475 land vs $270,428 improvements), about $25/SF of land. With value concentrated in the land under a ~42-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 $1,979,903, 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 +18.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,607,093 by 2030, with an estimated annual tax burden around $50,940. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 51,090 SF | ✗ |
| 093 | HVAC COMMRCL SF | 12,740 SF | ✗ |
| 1ST | 1st Floor | 2,446 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,299 SF | ✓ |
| 541 | FENCE COMM LF | 900 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% | $15,535.09 | $15,535.09 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,798.80 | $8,798.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,310.84 | $6,310.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,981.73 | $1,981.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,736.20 | $1,736.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,362.66 | $34,362.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,103,445 | $1,979,903 | +6.2% |
| Assessed Value | $2,103,445 | $1,679,106 | +25.3% |
| Land Value | $1,709,475 | $1,709,475 | +0.0% |
| Improvement Value | $393,970 | $270,428 | +45.7% |
| Taxable Value | $2,103,445 | $1,679,106 | +25.3% |
| Total Tax 2026 = estimate |
~$43,047
Estimated
|
~$34,363
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,103,445 | $2,103,445 | +0 (+0.0%) |
| Taxable Value | $2,103,445 | $2,103,445 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,103,445 | $1,709,475 | $393,970 | — | $2,103,445 | $2,103,445 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,979,903 | $1,709,475 | $270,428 | −$300,797 | $1,679,106 | $1,679,106 | ~$34,363 | Partial |
| 2024 | $1,166,046 | — | — | −$359,046 | $807,000 | $— | $27,731 | Verified |
| 2023 | $1,013,548 | — | — | −$367,948 | $645,600 | $— | $21,097 | Verified |
| 2022 | $1,013,548 | — | — | −$529,348 | $484,200 | $— | $20,017 | Verified |
| 2021 | $1,007,436 | — | — | −$523,236 | $484,200 | $— | $22,062 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.2% | +25.3% | ~100% | Not available | Partial |
| 2025 | +38.4% | +20.0% | 84.8% | Not available | Partial |
| 2024 | +22.7% | +20.0% | 97.8% | 1.9400% | Verified |
| 2023 | +15.0% | +15.0% | ~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): +95.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.2% | +18.3% | +17.0% | +69.8% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 68.9% | — | 100.0% | 2026 | 47.8% | 2022 |
| Effective Tax Rate (2025) | 1.7400% | 1.7400% | — | 1.7400% | 2025 | 1.7400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$34,363 | $25,054 | ~$43,812 | $34,363 | 2025 | $20,017 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,344,232 | ~$1,847,017 | ~2.0139% | ~$37,198 | +18.4% |
| 2027 | ~$2,775,602 | ~$2,031,718 | ~1.9814% | ~$40,256 | +40.2% |
| 2028 | ~$3,286,350 | ~$2,234,890 | ~1.9488% | ~$43,554 | +66.0% |
| 2029 | ~$3,891,082 | ~$2,458,379 | ~1.9163% | ~$47,110 | +96.5% |
| 2030 | ~$4,607,093 | ~$2,704,217 | ~1.8837% | ~$50,940 | +132.7% |
| 2026 | ~$2,304,634 | ~$1,847,017 | ~2.0465% | ~$37,799 | +16.4% |
| 2027 | ~$2,682,624 | ~$2,031,718 | ~2.0465% | ~$41,579 | +35.5% |
| 2028 | ~$3,122,611 | ~$2,234,890 | ~2.0465% | ~$45,737 | +57.7% |
| 2029 | ~$3,634,761 | ~$2,458,379 | ~2.0465% | ~$50,310 | +83.6% |
| 2030 | ~$4,230,910 | ~$2,704,217 | ~2.0465% | ~$55,341 | +113.7% |
| 2026 | ~$2,383,830 | ~$1,847,017 | ~1.9977% | ~$36,897 | +20.4% |
| 2027 | ~$2,870,163 | ~$2,031,718 | ~1.9488% | ~$39,595 | +45.0% |
| 2028 | ~$3,455,715 | ~$2,234,890 | ~1.9000% | ~$42,463 | +74.5% |
| 2029 | ~$4,160,727 | ~$2,458,379 | ~1.8512% | ~$45,509 | +110.1% |
| 2030 | ~$5,009,570 | ~$2,704,217 | ~1.8024% | ~$48,740 | +153.0% |
In 2025, this property's market value of $1,979,903 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +40% 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 | $1,979,903 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,166,046 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,013,548 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,013,548 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,007,436 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.