2911 A W GRIMES BLVD 1-1 TX 78664
| Owner | CALVARY CHAPEL REAL LIFE |
|---|---|
| Parcel ID | 0284330902 |
| Short ID | 764067 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,100 SF |
| Land SF | 4,607 SF |
| Acres | 0.106 |
| Year Built | 2006 |
| Legal | UNT 1 BLD 1 TALLGRASS MEDICAL &PROFESSIONAL OFFICE PARK CONDOMINIUMS AMD PLUS 2.809 % INT IN COM AREA |
| Neighborhood | 23NE02 |
| Land | $23,034 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $23,034 |
| Improvement | $313,483 |
|---|---|
| Total Improvement | $313,483 |
| Market | $336,517 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $336,517 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $336,517 |
| Taxable Value | $336,517 |
|---|
| Total Due | $724.00 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +46.1% from $230,257 (2021) to $336,517 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. 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.
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 7% of market value ($23,034 land vs $313,483 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $336,517, this parcel sits in the bottom quartile (<25th 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $540,754 by 2030, with an estimated annual tax burden around $0. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $724.00 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,100 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.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $368,532 | $336,517 | +9.5% |
| Assessed Value | $368,532 | $336,517 | +9.5% |
| Land Value | $23,034 | $23,034 | +0.0% |
| Improvement Value | $345,498 | $313,483 | +10.2% |
| Taxable Value | — | $336,517 | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $368,532 | $368,532 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $368,532 | $23,034 | $345,498 | — | $368,532 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $336,517 | $23,034 | $313,483 | — | $336,517 | $336,517 | not in county billing file ⓘ | Partial |
| 2024 | $283,114 | — | — | −$260,080 | $23,034 | $— | $319 | Verified |
| 2023 | $240,086 | — | — | −$217,052 | $23,034 | $— | $219 | Verified |
| 2022 | $235,071 | — | — | −$212,037 | $23,034 | $— | $192 | Verified |
| 2021 | $230,257 | — | — | −$207,223 | $23,034 | $— | $212 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2025 | -12.6% | -0.9% | ~100% | Not available | Partial |
| 2024 | +36.1% | +20.0% | 88.2% | 0.0800% | Verified |
| 2023 | +17.9% | +17.9% | ~100% | 0.0800% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 0.0800% | Verified |
| 2021 | base year | — | ~100% | 0.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.5% | +10.1% | +8.0% | +18.9% | 2025 | +2.1% | 2022 |
| Assessment Ratio | 100.0% | 39.6% | — | 100.0% | 2025 | 8.1% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $319 | $235 | — | $319 | 2024 | $192 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$370,003 | ~$370,003 | ~0.0000% | ~$0 | +10.0% |
| 2027 | ~$406,822 | ~$406,822 | ~0.0000% | ~$0 | +20.9% |
| 2028 | ~$447,304 | ~$447,304 | ~0.0000% | ~$0 | +32.9% |
| 2029 | ~$491,814 | ~$491,814 | ~0.0000% | ~$0 | +46.1% |
| 2030 | ~$540,754 | ~$540,754 | ~0.0000% | ~$0 | +60.7% |
| 2026 | ~$363,273 | ~$363,273 | ~0.0000% | ~$0 | +8.0% |
| 2027 | ~$392,156 | ~$392,156 | ~0.0000% | ~$0 | +16.5% |
| 2028 | ~$423,336 | ~$423,336 | ~0.0000% | ~$0 | +25.8% |
| 2029 | ~$456,995 | ~$456,995 | ~0.0000% | ~$0 | +35.8% |
| 2030 | ~$493,330 | ~$493,330 | ~0.0000% | ~$0 | +46.6% |
| 2026 | ~$376,734 | ~$370,169 | ~0.0000% | ~$0 | +12.0% |
| 2027 | ~$421,756 | ~$407,186 | ~0.0000% | ~$0 | +25.3% |
| 2028 | ~$472,160 | ~$447,904 | ~0.0000% | ~$0 | +40.3% |
| 2029 | ~$528,587 | ~$492,695 | ~0.0000% | ~$0 | +57.1% |
| 2030 | ~$591,757 | ~$541,964 | ~0.0000% | ~$0 | +75.8% |
In 2025, this property's market value of $336,517 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -76% below 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 | $336,517 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $283,114 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $240,086 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $235,071 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $230,257 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |