3201 LONGHORN BLVD TX 78758
| Owner | BRE JUPITER C2 ICON TX OWNER LP |
|---|---|
| Parcel ID | 0249060214 |
| Short ID | 255881 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 54,000 SF |
| Land SF | 110,817 SF |
| Acres | 2.544 |
| Year Built | 1973 |
| Legal | LOT B INDUSTRIAL PROPERTIES SUBD |
| Neighborhood | 60NOR |
| Land | $1,108,170 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,108,170 |
| Improvement | $9,151,830 |
|---|---|
| Total Improvement | $9,151,830 |
| Market | $10,260,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,260,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,260,000 |
| Taxable Value | $10,260,000 |
|---|
Appreciation: Market value has risen +64.8% from $6,224,296 (2021) to $10,260,000 (2025), a CAGR of 13.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $209,969. 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 11% of market value ($1,108,170 land vs $9,151,830 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,260,000, 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 +13.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,163,232 by 2030, with an estimated annual tax burden around $311,266. 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 | 54,000 SF | ✓ |
| 551 | PAVED AREA | 45,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 7,962 SF | ✓ |
| 408 | LOADING RAMP | 2,145 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% | $94,925.52 | $94,925.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $53,764.14 | $53,764.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $38,561.70 | $38,561.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,109.16 | $12,109.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,608.84 | $10,608.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $209,969.36 | $209,969.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,260,000 | $10,260,000 | +0.0% |
| Assessed Value | $10,260,000 | $10,260,000 | +0.0% |
| Land Value | $1,108,170 | $1,108,170 | +0.0% |
| Improvement Value | $9,151,830 | $9,151,830 | +0.0% |
| Taxable Value | $10,260,000 | $10,260,000 | +0.0% |
| Total Tax 2026 = estimate |
~$209,969
Estimated
|
~$209,969
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,260,000 | $10,260,000 | +0 (+0.0%) |
| Taxable Value | $10,260,000 | $10,260,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,260,000 | $1,108,170 | $9,151,830 | — | $10,260,000 | $10,260,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,260,000 | $1,108,170 | $9,151,830 | — | $10,260,000 | $10,260,000 | ~$209,969 | Partial |
| 2024 | $7,967,832 | — | — | −$6,859,662 | $1,108,170 | $— | $168,888 | Verified |
| 2023 | $6,930,000 | — | — | −$5,821,830 | $1,108,170 | $— | $133,568 | Verified |
| 2022 | $6,803,600 | — | — | −$5,695,430 | $1,108,170 | $— | $137,743 | Verified |
| 2021 | $6,224,296 | — | — | −$5,116,126 | $1,108,170 | $— | $139,730 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2024 | +21.7% | +21.7% | ~100% | 1.7400% | Verified |
| 2023 | +1.9% | +1.9% | ~100% | 1.6800% | Verified |
| 2022 | +15.0% | +15.0% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.0% | +13.3% | +28.8% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 44.0% | — | 100.0% | 2025 | 13.9% | 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 |
$209,969 | $157,980 | ~$267,707 | $209,969 | 2025 | $133,568 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,625,500 | ~$11,286,000 | ~2.0139% | ~$227,293 | +13.3% |
| 2027 | ~$13,172,734 | ~$12,414,600 | ~1.9814% | ~$245,981 | +28.4% |
| 2028 | ~$14,925,889 | ~$13,656,060 | ~1.9488% | ~$266,135 | +45.5% |
| 2029 | ~$16,912,370 | ~$15,021,666 | ~1.9163% | ~$287,859 | +64.8% |
| 2030 | ~$19,163,232 | ~$16,523,833 | ~1.8837% | ~$311,266 | +86.8% |
| 2026 | ~$11,420,300 | ~$11,286,000 | ~2.0465% | ~$230,966 | +11.3% |
| 2027 | ~$12,711,818 | ~$12,414,600 | ~2.0465% | ~$254,063 | +23.9% |
| 2028 | ~$14,149,393 | ~$13,656,060 | ~2.0465% | ~$279,469 | +37.9% |
| 2029 | ~$15,749,544 | ~$15,021,666 | ~2.0465% | ~$307,416 | +53.5% |
| 2030 | ~$17,530,654 | ~$16,523,833 | ~2.0465% | ~$338,158 | +70.9% |
| 2026 | ~$11,830,700 | ~$11,286,000 | ~1.9977% | ~$225,456 | +15.3% |
| 2027 | ~$13,641,858 | ~$12,414,600 | ~1.9488% | ~$241,941 | +33.0% |
| 2028 | ~$15,730,286 | ~$13,656,060 | ~1.9000% | ~$259,467 | +53.3% |
| 2029 | ~$18,138,430 | ~$15,021,666 | ~1.8512% | ~$278,080 | +76.8% |
| 2030 | ~$20,915,236 | ~$16,523,833 | ~1.8024% | ~$297,821 | +103.9% |
In 2025, this property's market value of $10,260,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,260,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,967,832 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,930,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,803,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,224,296 | $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.