2623 W BRAKER LN TX 78758
| Owner | HALLE PROPERTIES L L C |
|---|---|
| Parcel ID | 0252080703 |
| Short ID | 547964 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 7,836 SF |
| Land SF | 43,678 SF |
| Acres | 1.003 |
| Year Built | 2001 |
| Legal | LOT 1A BRAKER AT BURNET SEC 2 RESUB OF |
| Neighborhood | 83NOR |
| Land | $3,668,919 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,668,919 |
| Improvement | $972,951 |
|---|---|
| Total Improvement | $972,951 |
| Market | $4,641,870 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,641,870 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,641,870 |
| Taxable Value | $4,641,870 |
|---|
Appreciation: Market value has risen +55.2% from $2,990,810 (2021) to $4,641,870 (2025), a CAGR of 11.6% 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 $94,995. 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 79% of market value ($3,668,919 land vs $972,951 improvements), about $84/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 $4,641,870, 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 +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,041,243 by 2030, with an estimated annual tax burden around $140,824. 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 | 17,000 SF | ✗ |
| 1ST | 1st Floor | 7,836 SF | ✓ |
| SO | Sketch Only | 2,025 SF | ✗ |
| 611 | TERRACE | 924 SF | ✗ |
| 501 | CANOPY | 780 SF | ✗ |
| 437 | FENCE MASON LF | 39 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% | $42,946.58 | $42,946.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,324.19 | $24,324.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,446.24 | $17,446.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,478.47 | $5,478.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,799.69 | $4,799.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $94,995.17 | $94,995.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,945,144 | $4,641,870 | +6.5% |
| Assessed Value | $4,945,144 | $4,641,870 | +6.5% |
| Land Value | $3,668,919 | $3,668,919 | +0.0% |
| Improvement Value | $1,276,225 | $972,951 | +31.2% |
| Taxable Value | $4,945,144 | $4,641,870 | +6.5% |
| Total Tax 2026 = estimate |
~$101,202
Estimated
|
~$94,995
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,945,144 | $4,945,144 | +0 (+0.0%) |
| Taxable Value | $4,945,144 | $4,945,144 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,945,144 | $3,668,919 | $1,276,225 | — | $4,945,144 | $4,945,144 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,641,870 | $3,668,919 | $972,951 | — | $4,641,870 | $4,641,870 | ~$94,995 | Partial |
| 2024 | $4,700,000 | — | — | −$1,031,081 | $3,668,919 | $— | $99,547 | Verified |
| 2023 | $3,325,444 | — | — | — | $3,668,919 ! | $— | $85,035 | Verified |
| 2022 | $3,394,278 | — | — | −$1,026,822 | $2,367,456 | $— | $66,750 | Verified |
| 2021 | $2,990,810 | — | — | −$805,466 | $2,185,344 | $— | $73,883 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2025 | -7.6% | -7.6% | ~100% | Not available | Partial |
| 2024 | +6.9% | +6.9% | ~100% | 1.9800% | Verified |
| 2023 | +37.4% | +37.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.8% | +0.8% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.5% | +11.6% | +10.2% | +41.3% | 2024 | -2.0% | 2023 |
| Assessment Ratio | 100.0% | 88.5% | — | 110.3% | 2023 | 69.7% | 2022 |
| 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 |
$94,995 | $84,042 | ~$121,117 | $99,547 | 2024 | $66,750 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,181,065 | ~$5,106,057 | ~2.0139% | ~$102,833 | +11.6% |
| 2027 | ~$5,782,892 | ~$5,616,663 | ~1.9814% | ~$111,288 | +24.6% |
| 2028 | ~$6,454,626 | ~$6,178,329 | ~1.9488% | ~$120,406 | +39.1% |
| 2029 | ~$7,204,388 | ~$6,796,162 | ~1.9163% | ~$130,234 | +55.2% |
| 2030 | ~$8,041,243 | ~$7,475,778 | ~1.8837% | ~$140,824 | +73.2% |
| 2026 | ~$5,088,227 | ~$5,088,227 | ~2.0465% | ~$104,130 | +9.6% |
| 2027 | ~$5,577,506 | ~$5,577,506 | ~2.0465% | ~$114,143 | +20.2% |
| 2028 | ~$6,113,833 | ~$6,113,833 | ~2.0465% | ~$125,119 | +31.7% |
| 2029 | ~$6,701,732 | ~$6,701,732 | ~2.0465% | ~$137,150 | +44.4% |
| 2030 | ~$7,346,164 | ~$7,346,164 | ~2.0465% | ~$150,338 | +58.3% |
| 2026 | ~$5,273,902 | ~$5,106,057 | ~1.9977% | ~$102,002 | +13.6% |
| 2027 | ~$5,991,991 | ~$5,616,663 | ~1.9488% | ~$109,460 | +29.1% |
| 2028 | ~$6,807,854 | ~$6,178,329 | ~1.9000% | ~$117,389 | +46.7% |
| 2029 | ~$7,734,804 | ~$6,796,162 | ~1.8512% | ~$125,810 | +66.6% |
| 2030 | ~$8,787,967 | ~$7,475,778 | ~1.8024% | ~$134,741 | +89.3% |
In 2025, this property's market value of $4,641,870 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,641,870 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,325,444 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,394,278 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,990,810 | $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.