2300 SCARBROUGH (PVT) DR TX 78728
| Owner | LIT INDUSTRIAL TEXAS LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0278230112 |
| Short ID | 783719 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 272,664 SF |
| Land SF | 1,081,892 SF |
| Acres | 24.837 |
| Year Built | 2019 |
| Legal | LOT 11 BLK A SCARBROUGH SUBD A REPLAT OF |
| Neighborhood | 60FNOR |
| Land | $5,625,838 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,625,838 |
| Improvement | $39,574,162 |
|---|---|
| Total Improvement | $39,574,162 |
| Market | $45,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $45,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $45,200,000 |
| Taxable Value | $45,200,000 |
|---|
Appreciation: Market value has risen +34.9% from $33,500,000 (2021) to $45,200,000 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. 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 6 taxing entities is 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $729,362. 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 12% of market value ($5,625,838 land vs $39,574,162 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $45,200,000, 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.
Forward Outlook: Holding the +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $65,728,765 by 2030, with an estimated annual tax burden around $872,517. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 436,978 SF | ✗ |
| SO | Sketch Only | 272,930 SF | ✗ |
| 1ST | 1st Floor | 272,664 SF | ✓ |
| 501 | CANOPY | 5,598 SF | ✗ |
| 611 | TERRACE | 5,598 SF | ✗ |
| 408 | LOADING RAMP | 4,692 SF | ✓ |
| 482 | LIGHT POLES | 17 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $364,798.07 | $364,798.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $153,518.68 | $153,518.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,208.00 | $48,208.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $42,235.05 | $42,235.05 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $37,891.05 | $37,891.05 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $12,458.11 | $12,458.11 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $659,108.96 | $659,108.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,000,000 | $45,200,000 | -9.3% |
| Assessed Value | $41,000,000 | $45,200,000 | -9.3% |
| Land Value | $5,625,838 | $5,625,838 | +0.0% |
| Improvement Value | $35,374,162 | $39,574,162 | -10.6% |
| Taxable Value | $41,000,000 | $45,200,000 | -9.3% |
| Total Tax 2026 = estimate |
~$661,590
Estimated
|
~$659,109
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $41,000,000 | $41,000,000 | +0 (+0.0%) |
| Taxable Value | $41,000,000 | $41,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $41,000,000 | $5,625,838 | $35,374,162 | — | $41,000,000 | $41,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $45,200,000 | $5,625,838 | $39,574,162 | — | $45,200,000 | $45,200,000 | ~$659,109 | Partial |
| 2024 | $39,300,000 | — | — | −$34,410,308 | $4,889,692 | $— | $646,901 | Verified |
| 2023 | $37,500,000 | — | — | −$32,610,308 | $4,889,692 | $— | $600,337 | Verified |
| 2022 | $34,500,000 | — | — | −$29,590,126 | $4,909,874 | $— | $632,775 | Verified |
| 2021 | $33,500,000 | — | — | −$28,590,126 | $4,909,874 | $— | $638,390 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.3% | -9.3% | ~100% | Not available | Partial |
| 2025 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2024 | +4.7% | +4.7% | ~100% | 1.4900% | Verified |
| 2023 | +5.1% | +5.1% | ~100% | 1.4500% | Verified |
| 2022 | +5.3% | +5.3% | ~100% | 1.6000% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.3% | +4.4% | +10.0% | +15.0% | 2025 | -9.3% | 2026 |
| Assessment Ratio | 100.0% | 42.4% | — | 100.0% | 2025 | 12.4% | 2024 |
| Effective Tax Rate (2025) | 1.4600% | 1.4600% | — | 1.4600% | 2025 | 1.4600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$659,109 | $635,502 | ~$815,643 | $659,109 | 2025 | $600,337 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,714,903 | ~$48,714,903 | ~1.5564% | ~$758,197 | +7.8% |
| 2027 | ~$52,503,137 | ~$52,503,137 | ~1.4992% | ~$787,106 | +16.2% |
| 2028 | ~$56,585,956 | ~$56,585,956 | ~1.4419% | ~$815,926 | +25.2% |
| 2029 | ~$60,986,269 | ~$60,986,269 | ~1.3847% | ~$844,469 | +34.9% |
| 2030 | ~$65,728,765 | ~$65,728,765 | ~1.3275% | ~$872,517 | +45.4% |
| 2026 | ~$47,810,903 | ~$47,810,903 | ~1.6136% | ~$771,493 | +5.8% |
| 2027 | ~$50,572,620 | ~$50,572,620 | ~1.6136% | ~$816,056 | +11.9% |
| 2028 | ~$53,493,864 | ~$53,493,864 | ~1.6136% | ~$863,195 | +18.3% |
| 2029 | ~$56,583,848 | ~$56,583,848 | ~1.6136% | ~$913,056 | +25.2% |
| 2030 | ~$59,852,320 | ~$59,852,320 | ~1.6136% | ~$965,797 | +32.4% |
| 2026 | ~$49,618,903 | ~$49,618,903 | ~1.5278% | ~$758,067 | +9.8% |
| 2027 | ~$54,469,813 | ~$54,469,813 | ~1.4419% | ~$785,413 | +20.5% |
| 2028 | ~$59,794,963 | ~$59,794,963 | ~1.3561% | ~$810,861 | +32.3% |
| 2029 | ~$65,640,719 | ~$65,640,719 | ~1.2702% | ~$833,778 | +45.2% |
| 2030 | ~$72,057,975 | ~$72,057,975 | ~1.1844% | ~$853,425 | +59.4% |
In 2025, this property's market value of $45,200,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 32× 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 | $45,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $39,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $37,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $34,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $33,500,000 | $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.