2608 BROCKTON DR TX 78758
| Owner | 2608 BROCKTON LTD |
|---|---|
| Parcel ID | 0254080209 |
| Short ID | 877846 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 16,678 SF |
| Land SF | 99,404 SF |
| Acres | 2.282 |
| Year Built | 1984 |
| Legal | LOT 1 BLK A LONGHORN BUSINESS PARK NO 3 RESUB LT 2 & LTS A-B BLK A LONGHORN BUSINESS PARK NO 2 |
| Neighborhood | 55NOR |
| Land | $8,946,353 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,946,353 |
| Improvement | $454,460 |
|---|---|
| Total Improvement | $454,460 |
| Market | $9,400,813 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,400,813 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,400,813 |
| Taxable Value | $9,400,813 |
|---|
Appreciation: Market value has risen +45.6% from $6,455,000 (2021) to $9,400,813 (2025), a CAGR of 9.9% 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 $192,386. 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 95% of market value ($8,946,353 land vs $454,460 improvements), about $90/SF of land. With value concentrated in the land under a ~42-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 $9,400,813, 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,040,140 by 2030, with an estimated annual tax burden around $283,318. 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 | 37,600 SF | ✗ |
| 1ST | 1st Floor | 16,678 SF | ✓ |
| 501 | CANOPY | 630 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $86,976.32 | $86,976.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $49,261.86 | $49,261.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $35,332.49 | $35,332.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,095.12 | $11,095.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,720.44 | $9,720.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $192,386.23 | $192,386.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,423,345 | $9,400,813 | +0.2% |
| Assessed Value | $9,423,345 | $9,400,813 | +0.2% |
| Land Value | $8,946,353 | $8,946,353 | +0.0% |
| Improvement Value | $476,992 | $454,460 | +5.0% |
| Taxable Value | $9,423,345 | $9,400,813 | +0.2% |
| Total Tax 2026 = estimate |
~$192,847
Estimated
|
~$192,386
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,423,345 | $9,423,345 | +0 (+0.0%) |
| Taxable Value | $9,423,345 | $9,423,345 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,423,345 | $8,946,353 | $476,992 | — | $9,423,345 | $9,423,345 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,400,813 | $8,946,353 | $454,460 | — | $9,400,813 | $9,400,813 | ~$192,386 | Partial |
| 2024 | $9,836,753 | — | — | −$890,400 | $8,946,353 | $— | $185,956 | Verified |
| 2023 | $7,135,500 | — | — | — | $8,946,353 ! | $— | $177,971 | Verified |
| 2022 | $6,432,719 | — | — | — | $6,461,255 ! | $— | $140,921 | Verified |
| 2021 | $6,455,000 | — | — | −$490,765 | $5,964,235 | $— | $140,020 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | -4.6% | -4.6% | ~100% | 1.9800% | Verified |
| 2023 | +37.9% | +37.9% | ~100% | 1.8100% | Verified |
| 2022 | +10.9% | +10.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +8.9% | +9.8% | +37.9% | 2024 | -4.4% | 2025 |
| Assessment Ratio | 100.0% | 101.5% | — | 125.4% | 2023 | 90.9% | 2024 |
| 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 |
$192,386 | $167,451 | ~$244,265 | $192,386 | 2025 | $140,020 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,327,203 | ~$10,327,203 | ~2.0139% | ~$207,983 | +9.9% |
| 2027 | ~$11,344,882 | ~$11,344,882 | ~1.9814% | ~$224,786 | +20.7% |
| 2028 | ~$12,462,848 | ~$12,462,848 | ~1.9488% | ~$242,881 | +32.6% |
| 2029 | ~$13,690,981 | ~$13,690,981 | ~1.9163% | ~$262,359 | +45.6% |
| 2030 | ~$15,040,140 | ~$15,040,140 | ~1.8837% | ~$283,318 | +60.0% |
| 2026 | ~$10,139,187 | ~$10,139,187 | ~2.0465% | ~$207,497 | +7.9% |
| 2027 | ~$10,935,555 | ~$10,935,555 | ~2.0465% | ~$223,794 | +16.3% |
| 2028 | ~$11,794,472 | ~$11,794,472 | ~2.0465% | ~$241,372 | +25.5% |
| 2029 | ~$12,720,852 | ~$12,720,852 | ~2.0465% | ~$260,330 | +35.3% |
| 2030 | ~$13,719,994 | ~$13,719,994 | ~2.0465% | ~$280,778 | +45.9% |
| 2026 | ~$10,515,219 | ~$10,340,894 | ~1.9977% | ~$206,576 | +11.9% |
| 2027 | ~$11,761,731 | ~$11,374,984 | ~1.9488% | ~$221,680 | +25.1% |
| 2028 | ~$13,156,009 | ~$12,512,482 | ~1.9000% | ~$237,739 | +39.9% |
| 2029 | ~$14,715,569 | ~$13,763,730 | ~1.8512% | ~$254,793 | +56.5% |
| 2030 | ~$16,460,005 | ~$15,140,103 | ~1.8024% | ~$272,881 | +75.1% |
In 2025, this property's market value of $9,400,813 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,400,813 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,836,753 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,135,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,432,719 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,455,000 | $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.