CENTER LAKE DR 78753
| Owner | TECHRIDGE PLD 2019 LP & |
|---|---|
| Parcel ID | 0260260404 |
| Short ID | 978949 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 157,070 SF |
| Land SF | 511,220 SF |
| Acres | 11.736 |
| Year Built | 2021 |
| Legal | TECH RIDGE SEC 2 AMD LT 3 BLK A & LT 2B RSB LT 2 BLK A LOT 3C |
| Neighborhood | FNOR |
| Land | $2,044,881 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,044,881 |
| Improvement | $25,355,119 |
|---|---|
| Total Improvement | $25,355,119 |
| Market | $27,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $27,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $27,400,000 |
| Taxable Value | $27,400,000 |
|---|
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 $560,737. 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 7% of market value ($2,044,881 land vs $25,355,119 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $27,400,000, 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.
No delinquent taxes on record.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 196,680 SF | ✗ |
| 1ST | 1st Floor | 157,070 SF | ✓ |
| 491 | SPRINKLER HEADS | 157,070 SF | ✗ |
| 881 | COMMCL FINISHOUT | 39,266 SF | ✓ |
| 501 | CANOPY | 6,260 SF | ✗ |
| 407 | LOADING DOCK | 3,200 SF | ✓ |
| 482 | LIGHT POLES | 20 SF | ✓ |
| 413 | STAIRWAY EXT | 9 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% | $231,602.61 | $231,602.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $131,175.65 | $131,175.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $94,084.18 | $94,084.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29,544.35 | $29,544.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,883.82 | $25,883.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $512,290.61 | $512,290.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $26,611,000 | $27,400,000 | -2.9% |
| Assessed Value | $26,611,000 | $27,400,000 | -2.9% |
| Land Value | $2,044,881 | $2,044,881 | +0.0% |
| Improvement Value | $24,566,119 | $25,355,119 | -3.1% |
| Taxable Value | $26,611,000 | $27,400,000 | -2.9% |
| Total Tax 2026 = estimate |
~$544,590
Estimated
|
~$512,291
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $26,611,000 | $26,611,000 | +0 (+0.0%) |
| Taxable Value | $26,611,000 | $26,611,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $26,611,000 | $2,044,881 | $24,566,119 | — | $26,611,000 | $26,611,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $27,400,000 | $2,044,881 | $25,355,119 | — | $27,400,000 | $27,400,000 | ~$512,291 | Partial |
| 2024 | $— | — | — | — | $2,044,881 | $— | $496,102 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2025 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.9% | -2.9% | — | -2.9% | 2026 | -2.9% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$512,291 | $512,291 | — | $512,291 | 2025 | $512,291 | 2025 |
In 2025, this property's market value of $27,400,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $27,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
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.