3216 BRAKER LN TX 78759
| Owner | SL DOMAIN LP |
|---|---|
| Parcel ID | 0252060202 |
| Short ID | 873900 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,037 SF |
| Land SF | 52,814 SF |
| Acres | 1.212 |
| Year Built | 2008 |
| Legal | LOT 3 FLATIRON DISTRICT RESUB LOTS 1 & 2 |
| Neighborhood | 58NOR |
| Land | $4,489,190 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,489,190 |
| Improvement | $1,060,810 |
|---|---|
| Total Improvement | $1,060,810 |
| Market | $5,550,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,550,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,550,000 |
| Taxable Value | $5,550,000 |
|---|
Appreciation: Market value has risen +28.2% from $4,327,831 (2021) to $5,550,000 (2025), a CAGR of 6.4% 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 $113,580. 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 81% of market value ($4,489,190 land vs $1,060,810 improvements), about $85/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 $5,550,000, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,573,931 by 2030, with an estimated annual tax burden around $142,673. 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 | 32,000 SF | ✗ |
| 1ST | 1st Floor | 4,037 SF | ✓ |
| 503 | CANOPY - BANK | 1,050 SF | ✗ |
| 482 | LIGHT POLES | 5 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% | $51,348.60 | $51,348.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,082.94 | $29,082.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,859.40 | $20,859.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,550.28 | $6,550.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,738.70 | $5,738.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $113,579.92 | $113,579.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,550,000 | $5,550,000 | +0.0% |
| Assessed Value | $5,550,000 | $5,550,000 | +0.0% |
| Land Value | $4,489,190 | $4,489,190 | +0.0% |
| Improvement Value | $1,060,810 | $1,060,810 | +0.0% |
| Taxable Value | $5,550,000 | $5,550,000 | +0.0% |
| Total Tax 2026 = estimate |
~$113,580
Estimated
|
~$113,580
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,061,316 | $5,550,000 | -511,316 (-8.4%) |
| Taxable Value | $6,061,316 | $5,550,000 | -511,316 (-8.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,550,000 | $4,489,190 | $1,060,810 | — | $5,550,000 | $5,550,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,550,000 | $4,489,190 | $1,060,810 | — | $5,550,000 | $5,550,000 | ~$113,580 | Partial |
| 2024 | $5,350,000 | — | — | −$860,810 | $4,489,190 | $— | $106,155 | Verified |
| 2023 | $4,327,831 | — | — | — | $4,489,190 ! | $— | $97,089 | Verified |
| 2022 | $4,327,831 | — | — | −$1,158,991 | $3,168,840 | $— | $85,471 | Verified |
| 2021 | $4,327,831 | — | — | −$1,158,991 | $3,168,840 | $— | $94,203 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.2% | +9.2% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | -3.0% | -3.0% | ~100% | 1.9400% | Verified |
| 2023 | +30.5% | +30.5% | ~100% | 1.7200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.5% | +6.4% | +23.6% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 89.0% | — | 103.7% | 2023 | 73.2% | 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 |
$113,580 | $99,300 | ~$130,576 | $113,580 | 2025 | $85,471 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,906,071 | ~$5,906,071 | ~2.0139% | ~$118,945 | +6.4% |
| 2027 | ~$6,284,986 | ~$6,284,986 | ~1.9814% | ~$124,530 | +13.2% |
| 2028 | ~$6,688,212 | ~$6,688,212 | ~1.9488% | ~$130,343 | +20.5% |
| 2029 | ~$7,117,307 | ~$7,117,307 | ~1.9163% | ~$136,388 | +28.2% |
| 2030 | ~$7,573,931 | ~$7,573,931 | ~1.8837% | ~$142,673 | +36.5% |
| 2026 | ~$5,795,071 | ~$5,795,071 | ~2.0465% | ~$118,595 | +4.4% |
| 2027 | ~$6,050,963 | ~$6,050,963 | ~2.0465% | ~$123,832 | +9.0% |
| 2028 | ~$6,318,155 | ~$6,318,155 | ~2.0465% | ~$129,300 | +13.8% |
| 2029 | ~$6,597,146 | ~$6,597,146 | ~2.0465% | ~$135,010 | +18.9% |
| 2030 | ~$6,888,455 | ~$6,888,455 | ~2.0465% | ~$140,971 | +24.1% |
| 2026 | ~$6,017,071 | ~$6,017,071 | ~1.9977% | ~$120,201 | +8.4% |
| 2027 | ~$6,523,449 | ~$6,523,449 | ~1.9488% | ~$127,132 | +17.5% |
| 2028 | ~$7,072,442 | ~$7,072,442 | ~1.9000% | ~$134,378 | +27.4% |
| 2029 | ~$7,667,637 | ~$7,667,637 | ~1.8512% | ~$141,943 | +38.2% |
| 2030 | ~$8,312,922 | ~$8,312,922 | ~1.8024% | ~$149,830 | +49.8% |
In 2025, this property's market value of $5,550,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,550,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,350,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,327,831 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,327,831 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,327,831 | $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.