12215 WATERS PARK RD AUSTIN, TX 78759
| Owner | AQC COMMERCIAL INC |
|---|---|
| Parcel ID | 0262100104 |
| Short ID | 478627 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,300 SF |
| Land SF | 117,488 SF |
| Acres | 2.697 |
| Year Built | 1996 |
| Legal | LOT 1 BLK A AQC COMMERCIAL SUBD |
| Neighborhood | 61FNOR |
| Land | $638,399 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $638,399 |
| Improvement | $1,350,344 |
|---|---|
| Total Improvement | $1,350,344 |
| Market | $1,988,743 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,988,743 |
| Value Limitation Adjustment (−) (homestead cap) | −$82,411 |
| Net Appraised (assessed) | $1,906,332 |
| Taxable Value | $1,906,332 |
|---|
Appreciation: Market value has risen +70.4% from $1,167,007 (2021) to $1,988,743 (2025), a CAGR of 14.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $39,013. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,906,332) is $82,411 below market value, suggesting potential for an upward assessment in future years.
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 32% of market value ($638,399 land vs $1,350,344 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,988,743, this parcel sits in the upper-middle (50th–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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,872,221 by 2030, with an estimated annual tax burden around $57,834. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 6,900 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,915 SF | ✓ |
| 2ND | 2nd Floor | 2,400 SF | ✓ |
| 483 | LIVING QUARTERS | 2,400 SF | ✓ |
| MEZZ | Mezzanine | 1,200 SF | ✓ |
| 501 | CANOPY | 576 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% | $17,637.38 | $17,637.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,989.50 | $9,989.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,164.85 | $7,164.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,249.91 | $2,249.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,971.15 | $1,971.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,012.79 | $39,012.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,000,000 | $1,988,743 | +0.6% |
| Assessed Value | $2,000,000 | $1,906,332 | +4.9% |
| Land Value | $638,399 | $638,399 | +0.0% |
| Improvement Value | $1,361,601 | $1,350,344 | +0.8% |
| Taxable Value | $2,000,000 | $1,906,332 | +4.9% |
| Total Tax 2026 = estimate |
~$40,930
Estimated
|
~$39,013
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,000,000 | $2,000,000 | +0 (+0.0%) |
| Taxable Value | $2,000,000 | $2,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,000,000 | $638,399 | $1,361,601 | — | $2,000,000 | $2,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,988,743 | $638,399 | $1,350,344 | −$82,411 | $1,906,332 | $1,906,332 | ~$39,013 | Partial |
| 2024 | $1,645,000 | — | — | −$1,006,601 | $638,399 | $— | $31,483 | Verified |
| 2023 | $1,500,000 | — | — | −$861,601 | $638,399 | $— | $29,762 | Verified |
| 2022 | $1,241,950 | — | — | −$384,081 | $857,869 | $— | $29,624 | Verified |
| 2021 | $1,167,007 | — | — | −$847,807 | $319,200 | $— | $27,033 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +4.9% | ~100% | Not available | Partial |
| 2025 | +25.2% | +20.0% | 95.9% | Not available | Partial |
| 2024 | -3.4% | -3.4% | ~100% | 1.9800% | Verified |
| 2023 | +9.7% | +9.7% | ~100% | 1.8100% | Verified |
| 2022 | +20.8% | +20.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +11.7% | +14.1% | +20.9% | 2025 | +0.6% | 2026 |
| Assessment Ratio | 100.0% | 62.3% | — | 100.0% | 2026 | 27.4% | 2021 |
| Effective Tax Rate (2025) | 1.9600% | 1.9600% | — | 1.9600% | 2025 | 1.9600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$39,013 | $31,383 | ~$49,741 | $39,013 | 2025 | $27,033 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,272,244 | ~$2,096,965 | ~2.0139% | ~$42,232 | +14.3% |
| 2027 | ~$2,596,159 | ~$2,306,662 | ~1.9814% | ~$45,704 | +30.5% |
| 2028 | ~$2,966,249 | ~$2,537,328 | ~1.9488% | ~$49,448 | +49.2% |
| 2029 | ~$3,389,096 | ~$2,791,061 | ~1.9163% | ~$53,485 | +70.4% |
| 2030 | ~$3,872,221 | ~$3,070,167 | ~1.8837% | ~$57,834 | +94.7% |
| 2026 | ~$2,232,469 | ~$2,096,965 | ~2.0465% | ~$42,914 | +12.3% |
| 2027 | ~$2,506,065 | ~$2,306,662 | ~2.0465% | ~$47,205 | +26.0% |
| 2028 | ~$2,813,190 | ~$2,537,328 | ~2.0465% | ~$51,926 | +41.5% |
| 2029 | ~$3,157,954 | ~$2,791,061 | ~2.0465% | ~$57,119 | +58.8% |
| 2030 | ~$3,544,971 | ~$3,070,167 | ~2.0465% | ~$62,831 | +78.3% |
| 2026 | ~$2,312,019 | ~$2,096,965 | ~1.9977% | ~$41,890 | +16.3% |
| 2027 | ~$2,687,844 | ~$2,306,662 | ~1.9488% | ~$44,953 | +35.2% |
| 2028 | ~$3,124,761 | ~$2,537,328 | ~1.9000% | ~$48,210 | +57.1% |
| 2029 | ~$3,632,700 | ~$2,791,061 | ~1.8512% | ~$51,668 | +82.7% |
| 2030 | ~$4,223,205 | ~$3,070,167 | ~1.8024% | ~$55,336 | +112.4% |
In 2025, this property's market value of $1,988,743 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +40% 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 | $1,988,743 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,645,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,241,950 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,167,007 | $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.