2120 DENTON DR TX 78758
| Owner | BRE JUPITER C ICON TX OWNER LP |
|---|---|
| Parcel ID | 0250110222 |
| Short ID | 547846 |
| Type | Real |
| Use Code | 65 Industrial 20K+ SF (50–74%) |
| Valuation | Cost |
| Improvement SF | 69,480 SF |
| Land SF | 187,029 SF |
| Acres | 4.294 |
| Year Built | 1990 |
| Legal | LOT 1 BLK A KRAMER LANE INDUSTRIAL PARK II AMENDED PLAT OF LOTS 10C&10D |
| Neighborhood | 65NOR |
| Land | $12,156,885 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,156,885 |
| Improvement | $1,043,115 |
|---|---|
| Total Improvement | $1,043,115 |
| Market | $13,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,200,000 |
| Taxable Value | $13,200,000 |
|---|
Appreciation: Market value has risen +34.2% from $9,834,923 (2021) to $13,200,000 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. 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 $270,136. 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 92% of market value ($12,156,885 land vs $1,043,115 improvements), about $65/SF of land. With value concentrated in the land under a ~36-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 $13,200,000, 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,068,988 by 2030, with an estimated annual tax burden around $359,211. 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 | 77,800 SF | ✗ |
| 1ST | 1st Floor | 69,480 SF | ✓ |
| 881 | COMMCL FINISHOUT | 38,557 SF | ✓ |
| 093 | HVAC COMMRCL SF | 11,359 SF | ✗ |
| 501 | CANOPY | 2,936 SF | ✗ |
| 408 | LOADING RAMP | 2,365 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% | $122,126.40 | $122,126.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $69,170.24 | $69,170.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $49,611.54 | $49,611.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,579.04 | $15,579.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,648.80 | $13,648.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $270,136.02 | $270,136.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,800,000 | $13,200,000 | +4.5% |
| Assessed Value | $13,800,000 | $13,200,000 | +4.5% |
| Land Value | $12,156,885 | $12,156,885 | +0.0% |
| Improvement Value | $1,643,115 | $1,043,115 | +57.5% |
| Taxable Value | $13,800,000 | $13,200,000 | +4.5% |
| Total Tax 2026 = estimate |
~$282,415
Estimated
|
~$270,136
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,800,000 | $13,800,000 | +0 (+0.0%) |
| Taxable Value | $13,800,000 | $13,800,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,800,000 | $12,156,885 | $1,643,115 | — | $13,800,000 | $13,800,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,200,000 | $12,156,885 | $1,043,115 | — | $13,200,000 | $13,200,000 | ~$270,136 | Partial |
| 2024 | $13,214,729 | — | — | −$1,057,844 | $12,156,885 | $— | $219,965 | Verified |
| 2023 | $10,800,000 | — | — | — | $12,156,885 ! | $— | $221,729 | Verified |
| 2022 | $11,017,433 | — | — | −$4,471,418 | $6,546,015 | $— | $214,473 | Verified |
| 2021 | $9,834,923 | — | — | −$7,029,488 | $2,805,435 | $— | $220,079 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2024 | -4.5% | -4.5% | ~100% | 1.7400% | Verified |
| 2023 | +10.1% | +10.1% | ~100% | 1.6800% | Verified |
| 2022 | +8.9% | +8.9% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | +7.4% | +6.7% | +22.4% | 2024 | -2.0% | 2023 |
| Assessment Ratio | 100.0% | 82.1% | — | 112.6% | 2023 | 28.5% | 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 |
$270,136 | $229,277 | ~$321,725 | $270,136 | 2025 | $214,473 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,207,729 | ~$14,207,729 | ~2.0139% | ~$286,135 | +7.6% |
| 2027 | ~$15,292,392 | ~$15,292,392 | ~1.9814% | ~$303,002 | +15.9% |
| 2028 | ~$16,459,861 | ~$16,459,861 | ~1.9488% | ~$320,776 | +24.7% |
| 2029 | ~$17,716,458 | ~$17,716,458 | ~1.9163% | ~$339,499 | +34.2% |
| 2030 | ~$19,068,988 | ~$19,068,988 | ~1.8837% | ~$359,211 | +44.5% |
| 2026 | ~$13,943,729 | ~$13,943,729 | ~2.0465% | ~$285,356 | +5.6% |
| 2027 | ~$14,729,363 | ~$14,729,363 | ~2.0465% | ~$301,434 | +11.6% |
| 2028 | ~$15,559,261 | ~$15,559,261 | ~2.0465% | ~$318,418 | +17.9% |
| 2029 | ~$16,435,918 | ~$16,435,918 | ~2.0465% | ~$336,359 | +24.5% |
| 2030 | ~$17,361,969 | ~$17,361,969 | ~2.0465% | ~$355,310 | +31.5% |
| 2026 | ~$14,471,729 | ~$14,471,729 | ~1.9977% | ~$289,096 | +9.6% |
| 2027 | ~$15,865,981 | ~$15,865,981 | ~1.9488% | ~$309,203 | +20.2% |
| 2028 | ~$17,394,559 | ~$17,394,559 | ~1.9000% | ~$330,500 | +31.8% |
| 2029 | ~$19,070,405 | ~$19,070,405 | ~1.8512% | ~$353,030 | +44.5% |
| 2030 | ~$20,907,708 | ~$20,907,708 | ~1.8024% | ~$376,835 | +58.4% |
In 2025, this property's market value of $13,200,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $13,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,214,729 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,800,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,017,433 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,834,923 | $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.