2808 INDUSTRIAL TER TX 78758
| Owner | BURNUP & SIMS OF TEXAS INC |
|---|---|
| Parcel ID | 0247070704 |
| Short ID | 254010 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,760 SF |
| Land SF | 69,500 SF |
| Acres | 1.596 |
| Year Built | 1970 |
| Legal | LOT 5 BLK C INDUSTRIAL TERRACE SEC 1 AMD |
| Neighborhood | 61NOR |
| Land | $695,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $695,000 |
| Improvement | $490,913 |
|---|---|
| Total Improvement | $490,913 |
| Market | $1,185,913 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,185,913 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,185,913 |
| Taxable Value | $1,185,913 |
|---|
Appreciation: Market value has fallen -6.7% from $1,271,754 (2021) to $1,185,913 (2025), a CAGR of -1.7% over 4 years. Growth has been relatively flat for this asset class. 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 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 $24,270. 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 59% of market value ($695,000 land vs $490,913 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,185,913, this parcel sits in the lower-middle (25th–50th 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 -1.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,086,713 by 2030, with an estimated annual tax burden around $20,471. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,450 SF | ✗ |
| 1ST | 1st Floor | 5,760 SF | ✓ |
| 881 | COMMCL FINISHOUT | 1,250 SF | ✓ |
| 327 | STORAGE COMM'L | 784 SF | ✓ |
| 541 | FENCE COMM LF | 625 SF | ✗ |
| 501 | CANOPY | 90 SF | ✗ |
| 611 | TERRACE | 90 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% | $10,972.07 | $10,972.07 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,214.39 | $6,214.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,457.19 | $4,457.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,399.65 | $1,399.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,226.23 | $1,226.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,269.53 | $24,269.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,131,438 | $1,185,913 | -4.6% |
| Assessed Value | $1,131,438 | $1,185,913 | -4.6% |
| Land Value | $695,000 | $695,000 | +0.0% |
| Improvement Value | $436,438 | $490,913 | -11.1% |
| Taxable Value | $1,131,438 | $1,185,913 | -4.6% |
| Total Tax 2026 = estimate |
~$23,155
Estimated
|
~$24,270
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,131,438 | $1,131,438 | +0 (+0.0%) |
| Taxable Value | $1,131,438 | $1,131,438 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,131,438 | $695,000 | $436,438 | — | $1,131,438 | $1,131,438 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,185,913 | $695,000 | $490,913 | — | $1,185,913 | $1,185,913 | ~$24,270 | Partial |
| 2024 | $1,347,133 | — | — | −$652,133 | $695,000 | $— | $28,785 | Verified |
| 2023 | $1,282,725 | — | — | −$587,725 | $695,000 | $— | $24,373 | Verified |
| 2022 | $1,282,680 | — | — | −$587,680 | $695,000 | $— | $25,333 | Verified |
| 2021 | $1,271,754 | — | — | −$576,754 | $695,000 | $— | $27,920 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2025 | -18.4% | -18.4% | ~100% | Not available | Partial |
| 2024 | +7.8% | +7.8% | ~100% | 1.9800% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.6% | -2.1% | -0.8% | +5.0% | 2024 | -12.0% | 2025 |
| Assessment Ratio | 100.0% | 69.1% | — | 100.0% | 2025 | 51.6% | 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 |
$24,270 | $26,136 | ~$21,951 | $28,785 | 2024 | $24,270 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,165,374 | ~$1,165,374 | ~2.0139% | ~$23,470 | -1.7% |
| 2027 | ~$1,145,190 | ~$1,145,190 | ~1.9814% | ~$22,691 | -3.4% |
| 2028 | ~$1,125,356 | ~$1,125,356 | ~1.9488% | ~$21,931 | -5.1% |
| 2029 | ~$1,105,866 | ~$1,105,866 | ~1.9163% | ~$21,192 | -6.7% |
| 2030 | ~$1,086,713 | ~$1,086,713 | ~1.8837% | ~$20,471 | -8.4% |
| 2026 | ~$1,141,656 | ~$1,141,656 | ~2.0465% | ~$23,364 | -3.7% |
| 2027 | ~$1,099,050 | ~$1,099,050 | ~2.0465% | ~$22,492 | -7.3% |
| 2028 | ~$1,058,034 | ~$1,058,034 | ~2.0465% | ~$21,653 | -10.8% |
| 2029 | ~$1,018,549 | ~$1,018,549 | ~2.0465% | ~$20,844 | -14.1% |
| 2030 | ~$980,537 | ~$980,537 | ~2.0465% | ~$20,067 | -17.3% |
| 2026 | ~$1,189,092 | ~$1,189,092 | ~1.9977% | ~$23,754 | +0.3% |
| 2027 | ~$1,192,280 | ~$1,192,280 | ~1.9488% | ~$23,236 | +0.5% |
| 2028 | ~$1,195,476 | ~$1,195,476 | ~1.9000% | ~$22,714 | +0.8% |
| 2029 | ~$1,198,681 | ~$1,198,681 | ~1.8512% | ~$22,190 | +1.1% |
| 2030 | ~$1,201,894 | ~$1,201,894 | ~1.8024% | ~$21,663 | +1.3% |
In 2025, this property's market value of $1,185,913 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% 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 | $1,185,913 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,347,133 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,282,725 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,282,680 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,271,754 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.