2243 W BRAKER LN TX 78758
| Owner | AMERICAN BANK OF COMMERCE |
|---|---|
| Parcel ID | 0250110504 |
| Short ID | 443004 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,472 SF |
| Land SF | 38,589 SF |
| Acres | 0.886 |
| Year Built | 1998 |
| Legal | LOT 1 BLK B KRAMER LANE 65 SEC 1 RESUB OF LOT 10 THE |
| Neighborhood | 58NOR |
| Land | $2,894,175 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,894,175 |
| Improvement | $1,211,245 |
|---|---|
| Total Improvement | $1,211,245 |
| Market | $4,105,420 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,105,420 |
| Value Limitation Adjustment (−) (homestead cap) | −$218,620 |
| Net Appraised (assessed) | $3,886,800 |
| Taxable Value | $3,886,800 |
|---|
Appreciation: Market value has risen +94.7% from $2,108,712 (2021) to $4,105,420 (2025), a CAGR of 18.1% 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 $79,543. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,886,800) is $218,620 below market value, suggesting potential for an upward assessment in future years.
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 70% of market value ($2,894,175 land vs $1,211,245 improvements), about $75/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,105,420, 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 +18.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,441,326 by 2030, with an estimated annual tax burden around $117,917. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 25,234 SF | ✗ |
| 1ST | 1st Floor | 4,472 SF | ✓ |
| 491 | SPRINKLER HEADS | 4,472 SF | ✗ |
| 503 | CANOPY - BANK | 594 SF | ✗ |
Market value changed by 88% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $35,960.67 | $35,960.67 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,367.49 | $20,367.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,608.34 | $14,608.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,587.32 | $4,587.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,018.95 | $4,018.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $79,542.77 | $79,542.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,493,971 | $4,105,420 | +9.5% |
| Assessed Value | $4,493,971 | $3,886,800 | +15.6% |
| Land Value | $2,894,175 | $2,894,175 | +0.0% |
| Improvement Value | $1,599,796 | $1,211,245 | +32.1% |
| Taxable Value | $4,493,971 | $3,886,800 | +15.6% |
| Total Tax 2026 = estimate |
~$91,968
Estimated
|
~$79,543
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,493,971 | $4,493,971 | +0 (+0.0%) |
| Taxable Value | $4,493,971 | $4,493,971 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,493,971 | $2,894,175 | $1,599,796 | — | $4,493,971 | $4,493,971 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,105,420 | $2,894,175 | $1,211,245 | −$218,620 | $3,886,800 | $3,886,800 | ~$79,543 | Partial |
| 2024 | $3,292,670 | — | — | −$398,495 | $2,894,175 | $— | $64,912 | Verified |
| 2023 | $2,136,000 | — | — | — | $2,894,175 ! | $— | $59,573 | Verified |
| 2022 | $2,136,000 | — | — | −$978,330 | $1,157,670 | $— | $42,184 | Verified |
| 2021 | $2,108,712 | — | — | −$951,042 | $1,157,670 | $— | $46,494 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.5% | +15.6% | ~100% | Not available | Partial |
| 2025 | +2.5% | -1.6% | 94.7% | Not available | Partial |
| 2024 | -0.3% | -1.6% | 98.6% | 1.6200% | Verified |
| 2023 | +88.1% ! | +88.1% | ~100% | 1.4800% | Verified |
| 2022 | -1.0% | -1.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +90.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.5% | +17.9% | +16.1% | +54.2% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 87.9% | — | 135.5% | 2023 | 54.2% | 2022 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$79,543 | $58,541 | ~$101,415 | $79,543 | 2025 | $42,184 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,849,452 | ~$4,275,480 | ~2.0139% | ~$86,105 | +18.1% |
| 2027 | ~$5,728,326 | ~$4,703,028 | ~1.9814% | ~$93,185 | +39.5% |
| 2028 | ~$6,766,481 | ~$5,173,331 | ~1.9488% | ~$100,820 | +64.8% |
| 2029 | ~$7,992,781 | ~$5,690,664 | ~1.9163% | ~$109,050 | +94.7% |
| 2030 | ~$9,441,326 | ~$6,259,730 | ~1.8837% | ~$117,917 | +130.0% |
| 2026 | ~$4,767,344 | ~$4,275,480 | ~2.0465% | ~$87,497 | +16.1% |
| 2027 | ~$5,535,990 | ~$4,703,028 | ~2.0465% | ~$96,247 | +34.8% |
| 2028 | ~$6,428,567 | ~$5,173,331 | ~2.0465% | ~$105,871 | +56.6% |
| 2029 | ~$7,465,056 | ~$5,690,664 | ~2.0465% | ~$116,459 | +81.8% |
| 2030 | ~$8,668,660 | ~$6,259,730 | ~2.0465% | ~$128,104 | +111.2% |
| 2026 | ~$4,931,561 | ~$4,275,480 | ~1.9977% | ~$85,410 | +20.1% |
| 2027 | ~$5,923,947 | ~$4,703,028 | ~1.9488% | ~$91,654 | +44.3% |
| 2028 | ~$7,116,032 | ~$5,173,331 | ~1.9000% | ~$98,294 | +73.3% |
| 2029 | ~$8,548,003 | ~$5,690,664 | ~1.8512% | ~$105,345 | +108.2% |
| 2030 | ~$10,268,132 | ~$6,259,730 | ~1.8024% | ~$112,824 | +150.1% |
In 2025, this property's market value of $4,105,420 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +190% above 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 | $4,105,420 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,292,670 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,136,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,136,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,108,712 | $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.