2111 GRAND AVENUE PKWY AUSTIN, TX 78728
| Owner | SPANN MICHAEL L & PAMELA S |
|---|---|
| Parcel ID | 0276230122 |
| Short ID | 444713 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 12,000 SF |
| Land SF | 82,764 SF |
| Acres | 1.900 |
| Year Built | 1998 |
| Legal | LOT 1 BLK G VISTA BUSINESS PARK III |
| Neighborhood | 61FNOR |
| Land | $496,584 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $496,584 |
| Improvement | $2,154,496 |
|---|---|
| Total Improvement | $2,154,496 |
| Market | $2,651,080 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,651,080 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,651,080 |
| Taxable Value | $2,651,080 |
|---|
Appreciation: Market value has risen +28.3% from $2,066,400 (2021) to $2,651,080 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 6 taxing entities is 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $42,779. Round Rock ISD is the largest single contributor, at 55.3% 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 19% of market value ($496,584 land vs $2,154,496 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,651,080, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,619,790 by 2030, with an estimated annual tax burden around $48,051. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 27,715 SF | ✗ |
| 1ST | 1st Floor | 12,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 5,295 SF | ✓ |
| 541 | FENCE COMM LF | 348 SF | ✗ |
| 501 | CANOPY | 204 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $23,676.80 | $23,676.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,963.95 | $9,963.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,128.88 | $3,128.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,741.22 | $2,741.22 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $2,459.27 | $2,459.27 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $808.58 | $808.58 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $42,778.70 | $42,778.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,945,940 | $2,651,080 | +11.1% |
| Assessed Value | $2,945,940 | $2,651,080 | +11.1% |
| Land Value | $496,584 | $496,584 | +0.0% |
| Improvement Value | $2,449,356 | $2,154,496 | +13.7% |
| Taxable Value | $2,945,940 | $2,651,080 | +11.1% |
| Total Tax 2026 = estimate |
~$47,537
Estimated
|
~$42,779
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,945,940 | $2,945,940 | +0 (+0.0%) |
| Taxable Value | $2,945,940 | $2,945,940 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,945,940 | $496,584 | $2,449,356 | — | $2,945,940 | $2,945,940 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,651,080 | $496,584 | $2,154,496 | — | $2,651,080 | $2,651,080 | ~$42,779 | Partial |
| 2024 | $2,931,378 | — | — | −$2,434,794 | $496,584 | $— | $37,485 | Verified |
| 2023 | $2,256,516 | — | — | −$1,759,932 | $496,584 | $— | $44,652 | Verified |
| 2022 | $2,156,047 | — | — | −$1,659,463 | $496,584 | $— | $37,971 | Verified |
| 2021 | $2,066,400 | — | — | −$1,569,816 | $496,584 | $— | $39,727 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2025 | +11.6% | +11.6% | ~100% | Not available | Partial |
| 2024 | -18.9% | -18.9% | ~100% | 1.5800% | Verified |
| 2023 | +29.9% | +29.9% | ~100% | 1.5200% | Verified |
| 2022 | +4.7% | +4.7% | ~100% | 1.6800% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.1% | +8.1% | +4.3% | +29.9% | 2024 | -9.6% | 2025 |
| Assessment Ratio | 100.0% | 47.6% | — | 100.0% | 2025 | 16.9% | 2024 |
| Effective Tax Rate (2025) | 1.6100% | 1.6100% | — | 1.6100% | 2025 | 1.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$42,779 | $40,523 | ~$46,032 | $44,652 | 2023 | $37,485 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,821,467 | ~$2,821,467 | ~1.5564% | ~$43,913 | +6.4% |
| 2027 | ~$3,002,804 | ~$3,002,804 | ~1.4992% | ~$45,017 | +13.3% |
| 2028 | ~$3,195,797 | ~$3,195,797 | ~1.4419% | ~$46,081 | +20.5% |
| 2029 | ~$3,401,193 | ~$3,401,193 | ~1.3847% | ~$47,096 | +28.3% |
| 2030 | ~$3,619,790 | ~$3,619,790 | ~1.3275% | ~$48,051 | +36.5% |
| 2026 | ~$2,768,445 | ~$2,768,445 | ~1.6136% | ~$44,673 | +4.4% |
| 2027 | ~$2,891,006 | ~$2,891,006 | ~1.6136% | ~$46,650 | +9.1% |
| 2028 | ~$3,018,993 | ~$3,018,993 | ~1.6136% | ~$48,715 | +13.9% |
| 2029 | ~$3,152,646 | ~$3,152,646 | ~1.6136% | ~$50,872 | +18.9% |
| 2030 | ~$3,292,216 | ~$3,292,216 | ~1.6136% | ~$53,124 | +24.2% |
| 2026 | ~$2,874,488 | ~$2,874,488 | ~1.5278% | ~$43,916 | +8.4% |
| 2027 | ~$3,116,724 | ~$3,116,724 | ~1.4419% | ~$44,941 | +17.6% |
| 2028 | ~$3,379,372 | ~$3,379,372 | ~1.3561% | ~$45,827 | +27.5% |
| 2029 | ~$3,664,154 | ~$3,664,154 | ~1.2702% | ~$46,543 | +38.2% |
| 2030 | ~$3,972,935 | ~$3,972,935 | ~1.1844% | ~$47,054 | +49.9% |
In 2025, this property's market value of $2,651,080 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +87% 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 | $2,651,080 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,931,378 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,256,516 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,156,047 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,066,400 | $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.