11405 N INTERSTATE HY 35 TX 78753
| Owner | HUB 3 LLC |
|---|---|
| Parcel ID | 0247230815 |
| Short ID | 501174 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 32,448 SF |
| Land SF | 172,232 SF |
| Acres | 3.954 |
| Year Built | 2002 |
| Legal | LOT 1 BRAKER LANE CENTER SEC 2 |
| Neighborhood | 80NEA |
| Land | $3,875,220 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,875,220 |
| Improvement | $3,724,780 |
|---|---|
| Total Improvement | $3,724,780 |
| Market | $7,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,600,000 |
| Taxable Value | $7,600,000 |
|---|
Appreciation: Market value has risen +55.2% from $4,896,000 (2021) to $7,600,000 (2025), a CAGR of 11.6% 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 $155,533. 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 51% of market value ($3,875,220 land vs $3,724,780 improvements), about $22/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $7,600,000, 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 +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,168,273 by 2030, with an estimated annual tax burden around $230,568. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 97,260 SF | ✗ |
| 491 | SPRINKLER HEADS | 35,305 SF | ✗ |
| 1ST | 1st Floor | 32,448 SF | ✓ |
| 093 | HVAC COMMRCL SF | 9,273 SF | ✗ |
| 501 | CANOPY | 7,164 SF | ✗ |
| 881 | COMMCL FINISHOUT | 3,327 SF | ✓ |
| 327 | STORAGE COMM'L | 2,925 SF | ✓ |
| MEZZ | Mezzanine | 2,857 SF | ✓ |
| 611 | TERRACE | 2,514 SF | ✗ |
| 541 | FENCE COMM LF | 1,100 SF | ✗ |
| 328 | MEZZ COMM (STG) | 600 SF | ✓ |
| 601 | POOL COMM'L | 220 SF | ✗ |
| 482 | LIGHT POLES | 8 SF | ✓ |
| 304 | ENTRANCE FV | 1 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% | $70,315.20 | $70,315.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $39,825.29 | $39,825.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $28,564.22 | $28,564.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,969.75 | $8,969.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,858.40 | $7,858.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $155,532.86 | $155,532.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,783,521 | $7,600,000 | +2.4% |
| Assessed Value | $7,783,521 | $7,600,000 | +2.4% |
| Land Value | $3,875,220 | $3,875,220 | +0.0% |
| Improvement Value | $3,908,301 | $3,724,780 | +4.9% |
| Taxable Value | $7,783,521 | $7,600,000 | +2.4% |
| Total Tax 2026 = estimate |
~$159,289
Estimated
|
~$155,533
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,957,410 | $7,783,521 | -173,889 (-2.2%) |
| Taxable Value | $7,957,410 | $7,783,521 | -173,889 (-2.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,783,521 | $3,875,220 | $3,908,301 | — | $7,783,521 | $7,783,521 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,600,000 | $3,875,220 | $3,724,780 | — | $7,600,000 | $7,600,000 | ~$155,533 | Partial |
| 2024 | $7,500,000 | — | — | −$3,624,780 | $3,875,220 | $— | $149,822 | Verified |
| 2023 | $5,800,000 | — | — | −$1,924,780 | $3,875,220 | $— | $135,694 | Verified |
| 2022 | $4,867,000 | — | — | −$991,780 | $3,875,220 | $— | $115,580 | Verified |
| 2021 | $4,896,000 | — | — | −$2,570,868 | $2,325,132 | $— | $105,939 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.7% | +4.7% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | +16.2% | +16.2% | ~100% | 1.7100% | Verified |
| 2022 | +40.7% | +40.7% | ~100% | 1.6900% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.4% | +10.3% | +11.1% | +29.3% | 2024 | -0.6% | 2022 |
| Assessment Ratio | 100.0% | 74.3% | — | 100.0% | 2025 | 47.5% | 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 |
$155,533 | $132,513 | ~$198,301 | $155,533 | 2025 | $105,939 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,483,140 | ~$8,360,000 | ~2.0139% | ~$168,365 | +11.6% |
| 2027 | ~$9,468,903 | ~$9,196,000 | ~1.9814% | ~$182,208 | +24.6% |
| 2028 | ~$10,569,215 | ~$10,115,600 | ~1.9488% | ~$197,137 | +39.1% |
| 2029 | ~$11,797,386 | ~$11,127,160 | ~1.9163% | ~$213,229 | +55.2% |
| 2030 | ~$13,168,273 | ~$12,239,876 | ~1.8837% | ~$230,568 | +73.3% |
| 2026 | ~$8,331,140 | ~$8,331,140 | ~2.0465% | ~$170,496 | +9.6% |
| 2027 | ~$9,132,618 | ~$9,132,618 | ~2.0465% | ~$186,898 | +20.2% |
| 2028 | ~$10,011,200 | ~$10,011,200 | ~2.0465% | ~$204,878 | +31.7% |
| 2029 | ~$10,974,304 | ~$10,974,304 | ~2.0465% | ~$224,587 | +44.4% |
| 2030 | ~$12,030,061 | ~$12,030,061 | ~2.0465% | ~$246,193 | +58.3% |
| 2026 | ~$8,635,140 | ~$8,360,000 | ~1.9977% | ~$167,005 | +13.6% |
| 2027 | ~$9,811,269 | ~$9,196,000 | ~1.9488% | ~$179,215 | +29.1% |
| 2028 | ~$11,147,590 | ~$10,115,600 | ~1.9000% | ~$192,198 | +46.7% |
| 2029 | ~$12,665,921 | ~$11,127,160 | ~1.8512% | ~$205,985 | +66.7% |
| 2030 | ~$14,391,053 | ~$12,239,876 | ~1.8024% | ~$220,608 | +89.4% |
In 2025, this property's market value of $7,600,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,600,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,800,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,867,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,896,000 | $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.