2911 A W GRIMES BLVD 4-5 TX 78664
| Owner | COMMUNITY OPTIONS INC |
|---|---|
| Parcel ID | 0284330924 |
| Short ID | 764089 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 880 SF |
| Land SF | 7,370 SF |
| Acres | 0.169 |
| Year Built | 2019 |
| Legal | UNT 4 BLD 5 TALLGRASS MEDICAL &PROFESSIONAL OFFICE PARK CONDOMINIUMS AMD PLUS 4.494 % INT IN COM AREA |
| Neighborhood | 23NE02 |
| Land | $36,852 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $36,852 |
| Improvement | $276,148 |
|---|---|
| Total Improvement | $276,148 |
| Market | $313,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $313,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $313,000 |
| Taxable Value | $313,000 |
|---|
Appreciation: Market value has risen +62.0% from $193,238 (2021) to $313,000 (2025), a CAGR of 12.8% 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 12% of market value ($36,852 land vs $276,148 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $313,000, 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 +12.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $571,951 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 880 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $344,660 | $313,000 | +10.1% |
| Assessed Value | $344,660 | $313,000 | +10.1% |
| Land Value | $36,852 | $36,852 | +0.0% |
| Improvement Value | $307,808 | $276,148 | +11.5% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $344,660 | $344,660 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $344,660 | $36,852 | $307,808 | — | $344,660 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $313,000 | $36,852 | $276,148 | — | $313,000 | $— | not in county billing file ⓘ | Partial |
| 2024 | $263,208 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $223,705 | — | — | −$186,853 | $36,852 | $— | $5,601 | Verified |
| 2022 | $222,419 | — | — | −$185,567 | $36,852 | $— | $5,017 | Verified |
| 2021 | $193,238 | — | — | −$156,386 | $36,852 | $— | $5,413 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | -12.0% | -0.9% | ~100% | Not available | Partial |
| 2024 | +35.1% | +20.0% | 88.8% | No billing data | Verified |
| 2023 | +17.7% | +17.7% | ~100% | 2.1300% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.1% | +12.5% | +10.7% | +18.9% | 2025 | +0.6% | 2023 |
| Assessment Ratio | 100.0% | 50.4% | — | 100.0% | 2025 | 16.5% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $5,601 | $5,344 | — | $5,601 | 2023 | $5,017 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$353,108 | ~$344,300 | ~0.0000% | ~$0 | +12.8% |
| 2027 | ~$398,355 | ~$378,730 | ~0.0000% | ~$0 | +27.3% |
| 2028 | ~$449,400 | ~$416,603 | ~0.0000% | ~$0 | +43.6% |
| 2029 | ~$506,986 | ~$458,263 | ~0.0000% | ~$0 | +62.0% |
| 2030 | ~$571,951 | ~$504,090 | ~0.0000% | ~$0 | +82.7% |
| 2026 | ~$346,848 | ~$344,300 | ~0.0000% | ~$0 | +10.8% |
| 2027 | ~$384,356 | ~$378,730 | ~0.0000% | ~$0 | +22.8% |
| 2028 | ~$425,920 | ~$416,603 | ~0.0000% | ~$0 | +36.1% |
| 2029 | ~$471,979 | ~$458,263 | ~0.0000% | ~$0 | +50.8% |
| 2030 | ~$523,019 | ~$504,090 | ~0.0000% | ~$0 | +67.1% |
| 2026 | ~$359,368 | ~$344,300 | ~0.0000% | ~$0 | +14.8% |
| 2027 | ~$412,604 | ~$378,730 | ~0.0000% | ~$0 | +31.8% |
| 2028 | ~$473,728 | ~$416,603 | ~0.0000% | ~$0 | +51.4% |
| 2029 | ~$543,906 | ~$458,263 | ~0.0000% | ~$0 | +73.8% |
| 2030 | ~$624,480 | ~$504,090 | ~0.0000% | ~$0 | +99.5% |
In 2025, this property's market value of $313,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -78% 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 | $313,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $263,208 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $223,705 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $222,419 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $193,238 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |