10634 N INTERSTATE HY 35 TX 78728
| Owner | LIT INDUSTRIAL TEXAS LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0278260311 |
| Short ID | 874308 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 80,340 SF |
| Land SF | 292,634 SF |
| Acres | 6.718 |
| Year Built | 2016 |
| Legal | LOT 7R SCARBROUGH SUBD REPLAT LTS 7 & 8 BLK A |
| Neighborhood | 60FNOR |
| Land | $2,139,212 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,139,212 |
| Improvement | $10,760,788 |
|---|---|
| Total Improvement | $10,760,788 |
| Market | $12,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,900,000 |
| Taxable Value | $12,900,000 |
|---|
| Total Due | $1,040.61 |
|---|---|
| First Delinquent | 2022 |
Appreciation: Market value has risen +30.3% from $9,900,000 (2021) to $12,900,000 (2025), a CAGR of 6.8% 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 $208,159. 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 17% of market value ($2,139,212 land vs $10,760,788 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,900,000, 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 +6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,959,029 by 2030, with an estimated annual tax burden around $238,397. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $1,040.61 in unpaid taxes since 2022. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 80,340 SF | ✓ |
| 881 | COMMCL FINISHOUT | 9,316 SF | ✓ |
| 408 | LOADING RAMP | 2,754 SF | ✓ |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $112,479.61 | $112,479.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $47,335.01 | $47,335.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,864.16 | $14,864.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,022.50 | $13,022.50 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $11,683.09 | $11,683.09 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $3,841.26 | $3,841.26 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $203,225.63 | $203,225.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,000,000 | $12,900,000 | +0.8% |
| Assessed Value | $13,000,000 | $12,900,000 | +0.8% |
| Land Value | $2,139,212 | $2,139,212 | +0.0% |
| Improvement Value | $10,860,788 | $10,760,788 | +0.9% |
| Taxable Value | $13,000,000 | $12,900,000 | +0.8% |
| Total Tax 2026 = estimate |
~$209,772
Estimated
|
~$203,226
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,000,000 | $13,000,000 | +0 (+0.0%) |
| Taxable Value | $13,000,000 | $13,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,000,000 | $2,139,212 | $10,860,788 | — | $13,000,000 | $13,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,900,000 | $2,139,212 | $10,760,788 | — | $12,900,000 | $12,900,000 | ~$203,226 | Partial |
| 2024 | $11,700,000 | — | — | −$9,560,788 | $2,139,212 | $— | $199,462 | Verified |
| 2023 | $10,990,000 | — | — | −$8,850,788 | $2,139,212 | $— | $178,959 | Verified |
| 2022 | $10,800,000 | — | — | −$8,576,001 | $2,223,999 | $— | $186,107 | Verified |
| 2021 | $9,900,000 | — | — | −$7,676,001 | $2,223,999 | $— | $199,359 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2024 | +5.9% | +5.9% | ~100% | 1.4900% | Verified |
| 2023 | +8.6% | +8.6% | ~100% | 1.4100% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 1.6000% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +5.7% | +6.7% | +10.3% | 2025 | +0.8% | 2026 |
| Assessment Ratio | 100.0% | 46.8% | — | 100.0% | 2025 | 18.3% | 2024 |
| Effective Tax Rate (2025) | 1.5800% | 1.5800% | — | 1.5800% | 2025 | 1.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$203,226 | $193,422 | ~$226,655 | $203,226 | 2025 | $178,959 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,782,511 | ~$13,782,511 | ~1.5564% | ~$214,511 | +6.8% |
| 2027 | ~$14,725,396 | ~$14,725,396 | ~1.4992% | ~$220,757 | +14.2% |
| 2028 | ~$15,732,785 | ~$15,732,785 | ~1.4419% | ~$226,855 | +22.0% |
| 2029 | ~$16,809,091 | ~$16,809,091 | ~1.3847% | ~$232,753 | +30.3% |
| 2030 | ~$17,959,029 | ~$17,959,029 | ~1.3275% | ~$238,397 | +39.2% |
| 2026 | ~$13,524,511 | ~$13,524,511 | ~1.6136% | ~$218,236 | +4.8% |
| 2027 | ~$14,179,255 | ~$14,179,255 | ~1.6136% | ~$228,801 | +9.9% |
| 2028 | ~$14,865,697 | ~$14,865,697 | ~1.6136% | ~$239,878 | +15.2% |
| 2029 | ~$15,585,370 | ~$15,585,370 | ~1.6136% | ~$251,491 | +20.8% |
| 2030 | ~$16,339,884 | ~$16,339,884 | ~1.6136% | ~$263,666 | +26.7% |
| 2026 | ~$14,040,511 | ~$14,040,511 | ~1.5278% | ~$214,508 | +8.8% |
| 2027 | ~$15,281,856 | ~$15,281,856 | ~1.4419% | ~$220,353 | +18.5% |
| 2028 | ~$16,632,951 | ~$16,632,951 | ~1.3561% | ~$225,554 | +28.9% |
| 2029 | ~$18,103,498 | ~$18,103,498 | ~1.2702% | ~$229,953 | +40.3% |
| 2030 | ~$19,704,058 | ~$19,704,058 | ~1.1844% | ~$233,367 | +52.7% |
In 2025, this property's market value of $12,900,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,900,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,990,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,800,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,900,000 | $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.