3106 LONGHORN BLVD TX 78758
| Owner | BRE JUPITER C2 ICON TX OWNER LP |
|---|---|
| Parcel ID | 0249060102 |
| Short ID | 255876 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 127,680 SF |
| Land SF | 282,792 SF |
| Acres | 6.492 |
| Year Built | 1974 |
| Legal | LOT 6 BLK B INDUSTRIAL TERRACE SEC 4 & PT OF LOT 5 BLK B INDUSTRIAL TERRACE SEC 1 AMD |
| Neighborhood | 60NOR |
| Land | $2,545,128 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,545,128 |
| Improvement | $16,854,872 |
|---|---|
| Total Improvement | $16,854,872 |
| Market | $19,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,400,000 |
| Taxable Value | $19,400,000 |
|---|
Appreciation: Market value has risen +37.6% from $14,100,000 (2021) to $19,400,000 (2025), a CAGR of 8.3% 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 $397,018. 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 13% of market value ($2,545,128 land vs $16,854,872 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $19,400,000, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,908,796 by 2030, with an estimated annual tax burden around $544,567. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 127,680 SF | ✓ |
| 491 | SPRINKLER HEADS | 127,680 SF | ✗ |
| 551 | PAVED AREA | 112,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 39,392 SF | ✗ |
| 881 | COMMCL FINISHOUT | 9,514 SF | ✓ |
| 408 | LOADING RAMP | 793 SF | ✓ |
| 541 | FENCE COMM LF | 500 SF | ✗ |
| 501 | CANOPY | 120 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $179,488.80 | $179,488.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $101,659.30 | $101,659.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $72,913.93 | $72,913.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,896.46 | $22,896.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $20,059.60 | $20,059.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $397,018.09 | $397,018.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,500,000 | $19,400,000 | +5.7% |
| Assessed Value | $20,500,000 | $19,400,000 | +5.7% |
| Land Value | $2,545,128 | $2,545,128 | +0.0% |
| Improvement Value | $17,954,872 | $16,854,872 | +6.5% |
| Taxable Value | $20,500,000 | $19,400,000 | +5.7% |
| Total Tax 2026 = estimate |
~$419,529
Estimated
|
~$397,018
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,500,000 | $20,500,000 | +0 (+0.0%) |
| Taxable Value | $20,500,000 | $20,500,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,500,000 | $2,545,128 | $17,954,872 | — | $20,500,000 | $20,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $19,400,000 | $2,545,128 | $16,854,872 | — | $19,400,000 | $19,400,000 | ~$397,018 | Partial |
| 2024 | $16,175,607 | — | — | −$13,630,479 | $2,545,128 | $— | $282,216 | Verified |
| 2023 | $14,810,000 | — | — | −$12,264,872 | $2,545,128 | $— | $276,877 | Verified |
| 2022 | $15,756,460 | — | — | −$13,211,332 | $2,545,128 | $— | $294,353 | Verified |
| 2021 | $14,100,000 | — | — | −$11,554,872 | $2,545,128 | $— | $299,946 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2025 | +19.8% | +19.8% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | 1.7400% | Verified |
| 2023 | -3.1% | -3.1% | ~100% | 1.7100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.7% | +8.1% | +7.1% | +19.9% | 2025 | -6.0% | 2023 |
| Assessment Ratio | 100.0% | 44.5% | — | 100.0% | 2025 | 15.7% | 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 |
$397,018 | $310,082 | ~$482,080 | $397,018 | 2025 | $276,877 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$21,011,032 | ~$21,011,032 | ~2.0139% | ~$423,149 | +8.3% |
| 2027 | ~$22,755,849 | ~$22,755,849 | ~1.9814% | ~$450,882 | +17.3% |
| 2028 | ~$24,645,560 | ~$24,645,560 | ~1.9488% | ~$480,302 | +27.0% |
| 2029 | ~$26,692,199 | ~$26,692,199 | ~1.9163% | ~$511,500 | +37.6% |
| 2030 | ~$28,908,796 | ~$28,908,796 | ~1.8837% | ~$544,567 | +49.0% |
| 2026 | ~$20,623,032 | ~$20,623,032 | ~2.0465% | ~$422,047 | +6.3% |
| 2027 | ~$21,923,167 | ~$21,923,167 | ~2.0465% | ~$448,654 | +13.0% |
| 2028 | ~$23,305,267 | ~$23,305,267 | ~2.0465% | ~$476,939 | +20.1% |
| 2029 | ~$24,774,499 | ~$24,774,499 | ~2.0465% | ~$507,006 | +27.7% |
| 2030 | ~$26,336,354 | ~$26,336,354 | ~2.0465% | ~$538,970 | +35.8% |
| 2026 | ~$21,399,032 | ~$21,340,000 | ~1.9977% | ~$426,301 | +10.3% |
| 2027 | ~$23,604,050 | ~$23,474,000 | ~1.9488% | ~$457,471 | +21.7% |
| 2028 | ~$26,036,279 | ~$25,821,400 | ~1.9000% | ~$490,611 | +34.2% |
| 2029 | ~$28,719,133 | ~$28,403,540 | ~1.8512% | ~$525,805 | +48.0% |
| 2030 | ~$31,678,435 | ~$31,243,894 | ~1.8024% | ~$563,131 | +63.3% |
In 2025, this property's market value of $19,400,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 14× 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 | $19,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,175,607 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,810,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $15,756,460 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,100,000 | $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.