3631 GREENLAWN BLVD TX 78664
| Owner | TEJAS GOLF NORTH LP |
|---|---|
| Parcel ID | 0283210338 |
| Short ID | 281490 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,178 SF |
| Land SF | 1,417,312 SF |
| Acres | 32.537 |
| Year Built | 2004 |
| Legal | IMP ONLY ACCOUNT ABS 232 SUR 102 DARLING S ABS 233 SUR 109 DRUMMOND W ACR 32.537 |
| Neighborhood | 53NEA |
| Land | $11,338,494 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,338,494 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $11,677,145 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,677,145 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,677,145 |
| Exemptions (−) | −$11,338,494 |
|---|---|
| Taxable Value | $338,651 |
Appreciation: Market value has fallen -0.4% from $11,718,494 (2021) to $11,677,145 (2025), a CAGR of -0.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1181% in 2025 (+0.0346% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,173. Round Rock ISD is the largest single contributor, at 42.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 97% of market value ($11,338,494 land vs $0 improvements), about $8/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $11,677,145, 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 -0.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,625,664 by 2030, with an estimated annual tax burden around $222,161. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 11,500 SF | ✗ |
| 1ST | 1st Floor | 1,178 SF | ✓ |
| 501 | CANOPY | 743 SF | ✗ |
| 611 | TERRACE | 743 SF | ✗ |
| 351 | DRIVING RANGES | 50 SF | ✓ |
| 482 | LIGHT POLES | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 281490 | CITY OF AUSTIN | 3631 GREENLAWN BLVD 78664 | $11,338,494 | $11,338,494 | $0 |
| 706097 | TEJAS GOLF NORTH LP | 3631 GREENLAWN BLVD 78664 | $444,040 | $406,381 | $406,381 |
Market value changed by 96% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $3,024.49 | $3,024.49 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $1,811.78 | $1,811.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,272.80 | $1,272.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $399.69 | $399.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $350.17 | $350.17 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $314.15 | $314.15 | Paid |
| Combined Rate | 2.2839% | 2.1395% | 2.0364% | 2.0835% | 2.1181% | +0.0346% | $7,173.08 | $7,173.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,782,534 | $11,677,145 | +0.9% |
| Assessed Value | $11,744,875 | $11,677,145 | +0.6% |
| Land Value | $11,338,494 | $11,338,494 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $406,381 | $338,651 | +20.0% |
| Exemptions | — | E | |
| HS Cap Loss | -$37,659 | — | |
| Total Tax 2026 = estimate |
~$8,608
Estimated
|
~$7,173
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,826,450 | $11,782,534 | -43,916 (-0.4%) |
| Taxable Value | $406,381 | $406,381 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,782,534 | $11,338,494 | — | −$37,659 | $11,744,875 | $406,381 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,677,145 | $11,338,494 | — | — | $11,677,145 | $338,651 | ~$7,173 | Partial |
| 2024 | $457,725 | — | — | — | — | $— | $8,579 | Verified |
| 2023 | $423,172 | — | — | — | — | $— | $9,321 | Verified |
| 2022 | $415,755 | — | — | — | — | $— | $9,054 | Verified |
| 2021 | $11,718,494 | — | — | — | — | $— | $9,495 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.1% | +20.0% | 83.3% | Not available | Partial |
| 2025 | -17.8% | -17.8% | ~100% | Not available | Partial |
| 2024 | -10.0% | -10.0% | ~100% | 0.0700% | Verified |
| 2023 | +8.2% | +8.2% | ~100% | 0.0800% | Verified |
| 2022 | -96.3% ! | -96.3% | ~100% | 0.0800% | Verified |
| 2021 | base year | — | ~100% | 0.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -97.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +473.1% | -0.3% | +2451.1% | 2025 | -96.5% | 2022 |
| Assessment Ratio | 99.7% | 99.8% | — | 100.0% | 2025 | 99.7% | 2026 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,173 | $8,725 | ~$232,214 | $9,495 | 2021 | $7,173 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,666,831 | ~$11,666,831 | ~2.0767% | ~$242,285 | -0.1% |
| 2027 | ~$11,656,525 | ~$11,656,525 | ~2.0353% | ~$237,241 | -0.2% |
| 2028 | ~$11,646,229 | ~$11,646,229 | ~1.9938% | ~$232,205 | -0.3% |
| 2029 | ~$11,635,942 | ~$11,635,942 | ~1.9524% | ~$227,179 | -0.4% |
| 2030 | ~$11,625,664 | ~$11,625,664 | ~1.9109% | ~$222,161 | -0.4% |
| 2026 | ~$11,433,288 | ~$11,433,288 | ~2.1181% | ~$242,172 | -2.1% |
| 2027 | ~$11,194,523 | ~$11,194,523 | ~2.1181% | ~$237,115 | -4.1% |
| 2028 | ~$10,960,744 | ~$10,960,744 | ~2.1181% | ~$232,163 | -6.1% |
| 2029 | ~$10,731,848 | ~$10,731,848 | ~2.1181% | ~$227,315 | -8.1% |
| 2030 | ~$10,507,731 | ~$10,507,731 | ~2.1181% | ~$222,568 | -10.0% |
| 2026 | ~$11,900,373 | ~$11,900,373 | ~2.0560% | ~$244,669 | +1.9% |
| 2027 | ~$12,127,869 | ~$12,127,869 | ~1.9938% | ~$241,808 | +3.9% |
| 2028 | ~$12,359,714 | ~$12,359,714 | ~1.9317% | ~$238,749 | +5.8% |
| 2029 | ~$12,595,991 | ~$12,595,991 | ~1.8695% | ~$235,484 | +7.9% |
| 2030 | ~$12,836,785 | ~$12,836,785 | ~1.8074% | ~$232,007 | +9.9% |
In 2025, this property's market value of $11,677,145 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,677,145 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $457,725 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $423,172 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $415,755 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $11,718,494 | $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.