451 W LOUIS HENNA BLVD TX 78664
| Owner | MILBURN MALCOLM & BERYL FAMILY LIMITED |
|---|---|
| Parcel ID | 0284200206 |
| Short ID | 507198 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,580 SF |
| Land SF | 51,400 SF |
| Acres | 1.180 |
| Year Built | 2000 |
| Legal | LOT 2 K2 SUBD |
| Neighborhood | 20NOR |
| Land | $514,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $514,000 |
| Improvement | $1,521,794 |
|---|---|
| Total Improvement | $1,521,794 |
| Market | $2,035,794 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,035,794 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,035,794 |
| Taxable Value | $2,035,794 |
|---|
Appreciation: Market value has fallen -3.0% from $2,099,369 (2021) to $2,035,794 (2025), a CAGR of -0.8% 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 5 taxing entities is 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $37,914. 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 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 25% of market value ($514,000 land vs $1,521,794 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,035,794, 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 -0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,959,026 by 2030, with an estimated annual tax burden around $30,553. 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 | 15,528 SF | ✗ |
| 1ST | 1st Floor | 6,580 SF | ✓ |
| 611 | TERRACE | 1,244 SF | ✗ |
| 437 | FENCE MASON LF | 62 SF | ✗ |
| 435 | FENCE IRON LF | 16 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $18,181.68 | $18,181.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,651.43 | $7,651.43 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $7,573.15 | $7,573.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,402.71 | $2,402.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,105.01 | $2,105.01 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $37,913.98 | $37,913.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,163,100 | $2,035,794 | +6.3% |
| Assessed Value | $2,163,100 | $2,035,794 | +6.3% |
| Land Value | $514,000 | $514,000 | +0.0% |
| Improvement Value | $1,649,100 | $1,521,794 | +8.4% |
| Taxable Value | $2,163,100 | $2,035,794 | +6.3% |
| Total Tax 2026 = estimate |
~$40,285
Estimated
|
~$37,914
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,163,100 | $2,163,100 | +0 (+0.0%) |
| Taxable Value | $2,163,100 | $2,163,100 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,163,100 | $514,000 | $1,649,100 | — | $2,163,100 | $2,163,100 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,035,794 | $514,000 | $1,521,794 | — | $2,035,794 | $2,035,794 | ~$37,914 | Partial |
| 2024 | $2,050,000 | — | — | −$1,536,000 | $514,000 | $— | $37,542 | Verified |
| 2023 | $1,922,246 | — | — | −$1,408,246 | $514,000 | $— | $36,181 | Verified |
| 2022 | $1,854,681 | — | — | −$1,340,681 | $514,000 | $— | $36,911 | Verified |
| 2021 | $2,099,369 | — | — | −$1,585,369 | $514,000 | $— | $39,033 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.8100% | Verified |
| 2023 | +6.6% | +6.6% | ~100% | 1.7600% | Verified |
| 2022 | +3.6% | +3.6% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.3% | +0.8% | -1.9% | +6.6% | 2024 | -11.7% | 2022 |
| Assessment Ratio | 100.0% | 50.7% | — | 100.0% | 2025 | 24.5% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$37,914 | $37,516 | ~$33,456 | $39,033 | 2021 | $36,181 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,020,203 | ~$2,020,203 | ~1.8018% | ~$36,400 | -0.8% |
| 2027 | ~$2,004,732 | ~$2,004,732 | ~1.7413% | ~$34,908 | -1.5% |
| 2028 | ~$1,989,379 | ~$1,989,379 | ~1.6807% | ~$33,436 | -2.3% |
| 2029 | ~$1,974,144 | ~$1,974,144 | ~1.6202% | ~$31,984 | -3.0% |
| 2030 | ~$1,959,026 | ~$1,959,026 | ~1.5596% | ~$30,553 | -3.8% |
| 2026 | ~$1,979,487 | ~$1,979,487 | ~1.8624% | ~$36,865 | -2.8% |
| 2027 | ~$1,924,738 | ~$1,924,738 | ~1.8624% | ~$35,846 | -5.5% |
| 2028 | ~$1,871,503 | ~$1,871,503 | ~1.8624% | ~$34,854 | -8.1% |
| 2029 | ~$1,819,741 | ~$1,819,741 | ~1.8624% | ~$33,890 | -10.6% |
| 2030 | ~$1,769,410 | ~$1,769,410 | ~1.8624% | ~$32,953 | -13.1% |
| 2026 | ~$2,060,919 | ~$2,060,919 | ~1.7715% | ~$36,510 | +1.2% |
| 2027 | ~$2,086,355 | ~$2,086,355 | ~1.6807% | ~$35,066 | +2.5% |
| 2028 | ~$2,112,104 | ~$2,112,104 | ~1.5899% | ~$33,580 | +3.7% |
| 2029 | ~$2,138,171 | ~$2,138,171 | ~1.4991% | ~$32,052 | +5.0% |
| 2030 | ~$2,164,560 | ~$2,164,560 | ~1.4082% | ~$30,482 | +6.3% |
In 2025, this property's market value of $2,035,794 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +44% 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 | $2,035,794 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,050,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,922,246 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,854,681 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,099,369 | $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.