3815 JARRETT WAY B TX 78728
| Owner | BRE JUPITER S2 ICON TX OWNER LP |
|---|---|
| Parcel ID | 0284200107 |
| Short ID | 482065 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 57,600 SF |
| Land SF | 171,626 SF |
| Acres | 3.940 |
| Year Built | 1994 |
| Legal | 3.94AC OF LOT 1 CORRIDOR PARK 1B |
| Neighborhood | 64FNOR |
| Land | $686,506 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $686,506 |
| Improvement | $10,313,494 |
|---|---|
| Total Improvement | $10,313,494 |
| Market | $11,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,000,000 |
| Taxable Value | $11,000,000 |
|---|
Appreciation: Market value has risen +45.4% from $7,563,826 (2021) to $11,000,000 (2025), a CAGR of 9.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 5 taxing entities is 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $204,860. Round Rock ISD is the largest single contributor, at 48.0% 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 6% of market value ($686,506 land vs $10,313,494 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~32 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,000,000, 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,567,365 by 2030, with an estimated annual tax burden around $273,981. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 85,500 SF | ✗ |
| 491 | SPRINKLER HEADS | 62,710 SF | ✗ |
| 1ST | 1st Floor | 57,600 SF | ✓ |
| 093 | HVAC COMMRCL SF | 19,644 SF | ✗ |
| 881 | COMMCL FINISHOUT | 17,970 SF | ✓ |
| 328 | MEZZ COMM (STG) | 5,110 SF | ✓ |
| 408 | LOADING RAMP | 1,560 SF | ✓ |
| 501 | CANOPY | 800 SF | ✗ |
| 611 | TERRACE | 390 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $87,077.25 | $87,077.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,644.89 | $36,644.89 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $36,270.00 | $36,270.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,507.24 | $11,507.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,081.50 | $10,081.50 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $181,580.88 | $181,580.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,000,000 | $11,000,000 | +0.0% |
| Assessed Value | $11,000,000 | $11,000,000 | +0.0% |
| Land Value | $686,506 | $686,506 | +0.0% |
| Improvement Value | $10,313,494 | $10,313,494 | +0.0% |
| Taxable Value | $11,000,000 | $11,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$204,860
Estimated
|
~$181,581
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,000,000 | $11,000,000 | +0 (+0.0%) |
| Taxable Value | $11,000,000 | $11,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,000,000 | $686,506 | $10,313,494 | — | $11,000,000 | $11,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,000,000 | $686,506 | $10,313,494 | — | $11,000,000 | $11,000,000 | ~$181,581 | Partial |
| 2024 | $8,836,603 | — | — | −$8,150,097 | $686,506 | $— | $164,098 | Verified |
| 2023 | $8,100,000 | — | — | −$7,413,494 | $686,506 | $— | $156,719 | Verified |
| 2022 | $8,423,304 | — | — | −$7,736,798 | $686,506 | $— | $156,965 | Verified |
| 2021 | $7,563,826 | — | — | −$6,877,320 | $686,506 | $— | $155,311 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +10.0% | +10.0% | ~100% | Not available | Partial |
| 2024 | +4.1% | +4.1% | ~100% | 1.6400% | Verified |
| 2023 | +0.6% | +0.6% | ~100% | 1.6300% | Verified |
| 2022 | +13.3% | +13.3% | ~100% | 1.6400% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.2% | +9.8% | +24.5% | 2025 | -3.8% | 2023 |
| Assessment Ratio | 100.0% | 38.9% | — | 100.0% | 2025 | 7.8% | 2024 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$181,581 | $162,935 | ~$245,327 | $181,581 | 2025 | $155,311 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,079,681 | ~$12,079,681 | ~1.8018% | ~$217,654 | +9.8% |
| 2027 | ~$13,265,336 | ~$13,265,336 | ~1.7413% | ~$230,984 | +20.6% |
| 2028 | ~$14,567,367 | ~$14,567,367 | ~1.6807% | ~$244,835 | +32.4% |
| 2029 | ~$15,997,195 | ~$15,997,195 | ~1.6202% | ~$259,180 | +45.4% |
| 2030 | ~$17,567,365 | ~$17,567,365 | ~1.5596% | ~$273,981 | +59.7% |
| 2026 | ~$11,859,681 | ~$11,859,681 | ~1.8624% | ~$220,871 | +7.8% |
| 2027 | ~$12,786,549 | ~$12,786,549 | ~1.8624% | ~$238,133 | +16.2% |
| 2028 | ~$13,785,854 | ~$13,785,854 | ~1.8624% | ~$256,743 | +25.3% |
| 2029 | ~$14,863,258 | ~$14,863,258 | ~1.8624% | ~$276,809 | +35.1% |
| 2030 | ~$16,024,864 | ~$16,024,864 | ~1.8624% | ~$298,442 | +45.7% |
| 2026 | ~$12,299,681 | ~$12,100,000 | ~1.7715% | ~$214,356 | +11.8% |
| 2027 | ~$13,752,923 | ~$13,310,000 | ~1.6807% | ~$223,702 | +25.0% |
| 2028 | ~$15,377,870 | ~$14,641,000 | ~1.5899% | ~$232,774 | +39.8% |
| 2029 | ~$17,194,810 | ~$16,105,100 | ~1.4991% | ~$241,424 | +56.3% |
| 2030 | ~$19,226,425 | ~$17,715,610 | ~1.4082% | ~$249,475 | +74.8% |
In 2025, this property's market value of $11,000,000 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 | $11,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,836,603 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,100,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,423,304 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,563,826 | $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.