GREENLAWN BLVD TX 78664
| Owner | SALT CREEK HOLDINGS LLC & |
|---|---|
| Parcel ID | 0286260107 |
| Short ID | 716874 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 27,800 SF |
| Land SF | 155,248 SF |
| Acres | 3.564 |
| Year Built | 2018 |
| Legal | LOT 1 BLK A SHOPS AT GREENLAWN THE (0.9858AC IN TRAVIS CO) (0.9858AC IN TRAVIS CO) |
| Neighborhood | 43PFL/FNE |
| Land | $1,241,983 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,241,983 |
| Improvement | $9,858,017 |
|---|---|
| Total Improvement | $9,858,017 |
| Market | $11,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,100,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$10,969,677 |
| Net Appraised (assessed) | $130,323 |
| Taxable Value | $130,323 |
|---|
Appreciation: Market value has risen +8619.4% from $127,302 (2021) to $11,100,000 (2025), a CAGR of 205.6% 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 $2,427. Round Rock ISD is the largest single contributor, at 48.0% of the total 2025 levy.
Assessment Gap: Assessed value ($130,323) is $10,969,677 below market value, suggesting potential for an upward assessment in future years.
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 11% of market value ($1,241,983 land vs $9,858,017 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,100,000, 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 +100.9% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $363,109,986 by 2030, with an estimated annual tax burden around $3,273. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 111,505 SF | ✗ |
| 1ST | 1st Floor | 27,800 SF | ✓ |
| 501 | CANOPY | 3,850 SF | ✗ |
Market value changed by 674% in 2025, 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% | $1,163.91 | $1,163.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $489.81 | $489.81 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $484.80 | $484.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $153.81 | $153.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $134.75 | $134.75 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $2,427.08 | $2,427.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,150,000 | $11,100,000 | +9.5% |
| Assessed Value | $893,156 | $130,323 | +585.3% |
| Land Value | $1,241,983 | $1,241,983 | +0.0% |
| Improvement Value | $10,908,017 | $9,858,017 | +10.7% |
| Taxable Value | $893,156 | $130,323 | +585.3% |
| HS Cap Loss | -$11,256,844 | — | |
| Total Tax 2026 = estimate |
~$16,634
Estimated
|
~$2,427
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,150,000 | $12,150,000 | +0 (+0.0%) |
| Taxable Value | $893,156 | $893,156 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,150,000 | $1,241,983 | $10,908,017 | −$11,256,844 | $893,156 | $893,156 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,100,000 | $1,241,983 | $9,858,017 | −$10,969,677 | $130,323 | $130,323 | ~$2,427 | Partial |
| 2024 | $1,433,983 | — | — | — | — | $— | $6,457 | Verified |
| 2023 | $1,433,983 | — | — | — | — | $— | $9,526 | Verified |
| 2022 | $1,369,285 | — | — | — | — | $— | $10,364 | Verified |
| 2021 | $127,302 | — | — | — | — | $— | $9,998 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.5% | +606.1% | ~100% | Not available | Partial |
| 2025 | +674.1% ! | +381.5% | 15.5% | Not available | Partial |
| 2024 | +0.0% | -33.8% | 24.9% | 0.4500% | Verified |
| 2023 | +0.0% | +0.0% | 37.6% | 0.6600% | Verified |
| 2022 | +4.7% | -60.6% | 37.6% | 0.7200% | Verified |
| 2021 | base year | — | ~100% | 7.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +710.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.5% | +332.8% | +97.4% | +975.6% | 2022 | +0.0% | 2024 |
| Assessment Ratio | 7.4% | 4.3% | — | 7.4% | 2026 | 1.2% | 2025 |
| Effective Tax Rate (2025) | 0.0200% | 0.0200% | — | 0.0200% | 2025 | 0.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,427 | $7,755 | ~$2,922 | $10,364 | 2022 | $2,427 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,298,006 | ~$143,355 | ~1.8018% | ~$2,583 | +100.9% |
| 2027 | ~$44,792,888 | ~$157,691 | ~1.7413% | ~$2,746 | +303.5% |
| 2028 | ~$89,981,268 | ~$173,460 | ~1.6807% | ~$2,915 | +710.6% |
| 2029 | ~$180,757,010 | ~$190,806 | ~1.6202% | ~$3,091 | +1528.4% |
| 2030 | ~$363,109,986 | ~$209,886 | ~1.5596% | ~$3,273 | +3171.3% |
| 2026 | ~$22,076,006 | ~$143,355 | ~1.8624% | ~$2,670 | +98.9% |
| 2027 | ~$43,905,408 | ~$157,691 | ~1.8624% | ~$2,937 | +295.5% |
| 2028 | ~$87,320,363 | ~$173,460 | ~1.8624% | ~$3,230 | +686.7% |
| 2029 | ~$173,665,300 | ~$190,806 | ~1.8624% | ~$3,554 | +1464.6% |
| 2030 | ~$345,390,644 | ~$209,886 | ~1.8624% | ~$3,909 | +3011.6% |
| 2026 | ~$22,520,006 | ~$143,355 | ~1.7715% | ~$2,540 | +102.9% |
| 2027 | ~$45,689,248 | ~$157,691 | ~1.6807% | ~$2,650 | +311.6% |
| 2028 | ~$92,695,687 | ~$173,460 | ~1.5899% | ~$2,758 | +735.1% |
| 2029 | ~$188,063,730 | ~$190,806 | ~1.4991% | ~$2,860 | +1594.3% |
| 2030 | ~$381,549,213 | ~$209,886 | ~1.4082% | ~$2,956 | +3337.4% |
In 2025, this property's market value of $11,100,000 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 | $11,100,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $1,433,983 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,433,983 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,369,285 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $127,302 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.