2420 W BRAKER LN AUSTIN, TX 78758
| Owner | Q2 PROJECT INVESTMENTS LP |
|---|---|
| Parcel ID | 0252080502 |
| Short ID | 547949 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,850 SF |
| Land SF | 31,624 SF |
| Acres | 0.726 |
| Year Built | 1996 |
| Legal | LOT 5 BLK B BRAKER AT BURNET RESUB OF LOT 1 |
| Neighborhood | 80NOR |
| Land | $2,529,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,529,920 |
| Improvement | $892,325 |
|---|---|
| Total Improvement | $892,325 |
| Market | $3,422,245 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,422,245 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,422,245 |
| Taxable Value | $3,422,245 |
|---|
Appreciation: Market value has risen +87.8% from $1,822,196 (2021) to $3,422,245 (2025), a CAGR of 17.1% over 4 years. This is strong appreciation — well above typical inflation. 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 $70,036. 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 74% of market value ($2,529,920 land vs $892,325 improvements), about $80/SF of land. With value concentrated in the land under a ~30-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 $3,422,245, 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 +17.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,524,127 by 2030, with an estimated annual tax burden around $103,824. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,706 SF | ✗ |
| 1ST | 1st Floor | 9,850 SF | ✓ |
| 881 | COMMCL FINISHOUT | 5,000 SF | ✓ |
| 501 | CANOPY | 280 SF | ✗ |
| 611 | TERRACE | 280 SF | ✗ |
| 409 | SOLAR/WIND DEVICES COMM | 1 SF | ✓ |
Market value changed by 100% 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% | $31,662.61 | $31,662.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,933.15 | $17,933.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,862.34 | $12,862.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,039.04 | $4,039.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,538.60 | $3,538.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $70,035.74 | $70,035.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,860,000 | $3,422,245 | +12.8% |
| Assessed Value | $3,860,000 | $3,422,245 | +12.8% |
| Land Value | $2,529,920 | $2,529,920 | +0.0% |
| Improvement Value | $1,330,080 | $892,325 | +49.1% |
| Taxable Value | $3,860,000 | $3,422,245 | +12.8% |
| Total Tax 2026 = estimate |
~$78,994
Estimated
|
~$70,036
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,434,379 | $3,860,000 | -574,379 (-13.0%) |
| Taxable Value | $4,106,694 | $3,860,000 | -246,694 (-6.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,860,000 | $2,529,920 | $1,330,080 | — | $3,860,000 | $3,860,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,422,245 | $2,529,920 | $892,325 | — | $3,422,245 | $3,422,245 | ~$70,036 | Partial |
| 2024 | $3,604,530 | — | — | −$1,074,610 | $2,529,920 | $— | $74,092 | Verified |
| 2023 | $1,804,852 | — | — | — | $2,529,920 ! | $— | $65,215 | Verified |
| 2022 | $1,645,206 | — | — | −$538,366 | $1,106,840 | $— | $35,644 | Verified |
| 2021 | $1,822,196 | — | — | −$873,476 | $948,720 | $— | $35,811 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.6% | +20.0% | 92.6% | Not available | Partial |
| 2025 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.9800% | Verified |
| 2023 | +99.7% ! | +99.7% | ~100% | 1.8100% | Verified |
| 2022 | +9.7% | +9.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +108.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.8% | +21.5% | +14.4% | +99.7% | 2024 | -9.7% | 2022 |
| Assessment Ratio | 100.0% | 88.3% | — | 140.2% | 2023 | 52.1% | 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 |
$70,036 | $56,160 | ~$89,294 | $74,092 | 2024 | $35,644 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,006,269 | ~$3,764,470 | ~2.0139% | ~$75,814 | +17.1% |
| 2027 | ~$4,689,960 | ~$4,140,916 | ~1.9814% | ~$82,048 | +37.0% |
| 2028 | ~$5,490,326 | ~$4,555,008 | ~1.9488% | ~$88,770 | +60.4% |
| 2029 | ~$6,427,278 | ~$5,010,509 | ~1.9163% | ~$96,016 | +87.8% |
| 2030 | ~$7,524,127 | ~$5,511,560 | ~1.8837% | ~$103,824 | +119.9% |
| 2026 | ~$3,937,824 | ~$3,764,470 | ~2.0465% | ~$77,039 | +15.1% |
| 2027 | ~$4,531,078 | ~$4,140,916 | ~2.0465% | ~$84,743 | +32.4% |
| 2028 | ~$5,213,708 | ~$4,555,008 | ~2.0465% | ~$93,218 | +52.3% |
| 2029 | ~$5,999,181 | ~$5,010,509 | ~2.0465% | ~$102,539 | +75.3% |
| 2030 | ~$6,902,988 | ~$5,511,560 | ~2.0465% | ~$112,793 | +101.7% |
| 2026 | ~$4,074,714 | ~$3,764,470 | ~1.9977% | ~$75,201 | +19.1% |
| 2027 | ~$4,851,579 | ~$4,140,916 | ~1.9488% | ~$80,700 | +41.8% |
| 2028 | ~$5,776,558 | ~$4,555,008 | ~1.9000% | ~$86,546 | +68.8% |
| 2029 | ~$6,877,889 | ~$5,010,509 | ~1.8512% | ~$92,754 | +101.0% |
| 2030 | ~$8,189,194 | ~$5,511,560 | ~1.8024% | ~$99,339 | +139.3% |
In 2025, this property's market value of $3,422,245 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +141% 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 | $3,422,245 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,604,530 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,804,852 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,645,206 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,822,196 | $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.