2121 S INTERSTATE HY 35 TX 78741
| Owner | SHURGARD TEXAS LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0305031102 |
| Short ID | 285943 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 66,300 SF |
| Land SF | 118,048 SF |
| Acres | 2.710 |
| Year Built | 2001 |
| Legal | LOT 1 ANDREWARTHA JACK ADDN |
| Neighborhood | 63SEA |
| Land | $7,082,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,082,880 |
| Improvement | $7,247,120 |
|---|---|
| Total Improvement | $7,247,120 |
| Market | $14,330,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,330,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,330,000 |
| Taxable Value | $14,330,000 |
|---|
Appreciation: Market value has risen +16.9% from $12,260,910 (2021) to $14,330,000 (2025), a CAGR of 4.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $293,261. Austin ISD is the largest single contributor, at 45.2% 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 49% of market value ($7,082,880 land vs $7,247,120 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $14,330,000, 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 +4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,414,080 by 2030, with an estimated annual tax burden around $328,036. 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 |
|---|---|---|---|
| 093 | HVAC COMMRCL SF | 86,375 SF | ✗ |
| 1ST | 1st Floor | 22,100 SF | ✓ |
| 2ND | 2nd Floor | 22,100 SF | ✓ |
| 3RD | 3rd Floor | 22,100 SF | ✓ |
| 4TH | 4th Floor | 22,100 SF | ✓ |
| 551 | PAVED AREA | 17,400 SF | ✗ |
| 501 | CANOPY | 978 SF | ✗ |
| 881 | COMMCL FINISHOUT | 954 SF | ✓ |
| 483 | LIVING QUARTERS | 900 SF | ✓ |
| 611 | TERRACE | 642 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $132,581.16 | $132,581.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $75,091.64 | $75,091.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $53,858.59 | $53,858.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,912.70 | $16,912.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,817.22 | $14,817.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $293,261.31 | $293,261.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,847,000 | $14,330,000 | -3.4% |
| Assessed Value | $13,847,000 | $14,330,000 | -3.4% |
| Land Value | $7,082,880 | $7,082,880 | +0.0% |
| Improvement Value | $6,764,120 | $7,247,120 | -6.7% |
| Taxable Value | $13,847,000 | $14,330,000 | -3.4% |
| Total Tax 2026 = estimate |
~$283,377
Estimated
|
~$293,261
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,847,000 | $13,847,000 | +0 (+0.0%) |
| Taxable Value | $13,847,000 | $13,847,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,847,000 | $7,082,880 | $6,764,120 | — | $13,847,000 | $13,847,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $14,330,000 | $7,082,880 | $7,247,120 | — | $14,330,000 | $14,330,000 | ~$293,261 | Partial |
| 2024 | $13,800,000 | — | — | −$6,717,120 | $7,082,880 | $— | $286,681 | Verified |
| 2023 | $12,900,000 | — | — | −$9,358,560 | $3,541,440 | $— | $251,669 | Verified |
| 2022 | $11,650,000 | — | — | −$8,108,560 | $3,541,440 | $— | $255,586 | Verified |
| 2021 | $12,260,910 | — | — | −$9,899,950 | $2,360,960 | $— | $246,332 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2025 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2024 | -2.1% | -2.1% | ~100% | 1.8500% | Verified |
| 2023 | +15.2% | +15.2% | ~100% | 1.5900% | Verified |
| 2022 | +17.9% | +17.9% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.4% | +2.6% | +4.7% | +10.7% | 2023 | -5.0% | 2022 |
| Assessment Ratio | 100.0% | 54.8% | — | 100.0% | 2025 | 19.3% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$293,261 | $266,706 | ~$313,985 | $293,261 | 2025 | $246,332 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,899,684 | ~$14,899,684 | ~2.0139% | ~$300,070 | +4.0% |
| 2027 | ~$15,492,016 | ~$15,492,016 | ~1.9814% | ~$306,957 | +8.1% |
| 2028 | ~$16,107,896 | ~$16,107,896 | ~1.9488% | ~$313,917 | +12.4% |
| 2029 | ~$16,748,259 | ~$16,748,259 | ~1.9163% | ~$320,945 | +16.9% |
| 2030 | ~$17,414,080 | ~$17,414,080 | ~1.8837% | ~$328,036 | +21.5% |
| 2026 | ~$14,613,084 | ~$14,613,084 | ~2.0465% | ~$299,055 | +2.0% |
| 2027 | ~$14,901,761 | ~$14,901,761 | ~2.0465% | ~$304,962 | +4.0% |
| 2028 | ~$15,196,140 | ~$15,196,140 | ~2.0465% | ~$310,987 | +6.0% |
| 2029 | ~$15,496,334 | ~$15,496,334 | ~2.0465% | ~$317,130 | +8.1% |
| 2030 | ~$15,802,459 | ~$15,802,459 | ~2.0465% | ~$323,395 | +10.3% |
| 2026 | ~$15,186,284 | ~$15,186,284 | ~1.9977% | ~$303,371 | +6.0% |
| 2027 | ~$16,093,735 | ~$16,093,735 | ~1.9488% | ~$313,641 | +12.3% |
| 2028 | ~$17,055,411 | ~$17,055,411 | ~1.9000% | ~$324,056 | +19.0% |
| 2029 | ~$18,074,551 | ~$18,074,551 | ~1.8512% | ~$334,595 | +26.1% |
| 2030 | ~$19,154,589 | ~$19,154,589 | ~1.8024% | ~$345,237 | +33.7% |
In 2025, this property's market value of $14,330,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $14,330,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,650,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $12,260,910 | $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.