2520 S INTERSTATE HY 35 TX 78741
| Owner | CITY OF AUSTIN POLICE |
|---|---|
| Parcel ID | 0307020106 |
| Short ID | 287448 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 13,500 SF |
| Land SF | 28,779 SF |
| Acres | 0.661 |
| Year Built | 1963 |
| Legal | LOT B OLTORF VENTURE ADDN |
| Neighborhood | 52SCN |
| Land | $2,877,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,877,900 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,565,887 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,565,887 |
| Value Limitation Adjustment (−) (homestead cap) | −$133,244 |
| Net Appraised (assessed) | $1,432,643 |
| Taxable Value | $1,432,643 |
|---|
Appreciation: Market value has risen +42.3% from $1,100,544 (2021) to $1,565,887 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $29,319. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,432,643) is $133,244 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 184% of market value ($2,877,900 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~63-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,565,887, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,433,334 by 2030, with an estimated annual tax burden around $43,463. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 19,275 SF | ✗ |
| 1ST | 1st Floor | 6,750 SF | ✓ |
| 2ND | 2nd Floor | 6,750 SF | ✓ |
| 501 | CANOPY | 447 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $13,254.81 | $13,254.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,507.29 | $7,507.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,384.52 | $5,384.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,690.85 | $1,690.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,481.35 | $1,481.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,318.82 | $29,318.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,565,887 | $1,565,887 | +0.0% |
| Assessed Value | $1,565,887 | $1,432,643 | +9.3% |
| Land Value | $2,877,900 | $2,877,900 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,565,887 | $1,432,643 | +9.3% |
| Total Tax 2026 = estimate |
~$32,046
Estimated
|
~$29,319
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,033,332 | $1,565,887 | -467,445 (-23.0%) |
| Taxable Value | $1,719,173 | $1,565,887 | -153,286 (-8.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,565,887 | $2,877,900 | — | — | $1,565,887 | $1,565,887 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,565,887 | $2,877,900 | — | −$133,244 | $1,432,643 | $1,432,643 | ~$29,319 | Partial |
| 2024 | $2,300,000 | — | — | −$734,113 | $1,565,887 | $— | $24,037 | Verified |
| 2023 | $1,500,000 | — | — | −$28,000 | $1,472,000 | $— | $18,470 | Verified |
| 2022 | $1,701,375 | — | — | −$1,261,792 | $439,583 | $— | $18,959 | Verified |
| 2021 | $1,100,544 | — | — | −$660,961 | $439,583 | $— | $23,701 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.9% | +20.0% | 84.6% | Not available | Partial |
| 2025 | +0.0% | -8.5% | 91.5% | Not available | Partial |
| 2024 | +6.4% | +6.4% | ~100% | 1.5400% | Verified |
| 2023 | +53.3% | +53.3% | ~100% | 1.2500% | Verified |
| 2022 | -45.1% | -45.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -10.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.8% | +9.2% | +54.6% | 2022 | -31.9% | 2025 |
| Assessment Ratio | 100.0% | 70.6% | — | 100.0% | 2026 | 25.8% | 2022 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,319 | $22,897 | ~$37,381 | $29,319 | 2025 | $18,470 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,710,207 | ~$1,575,907 | ~2.0139% | ~$31,738 | +9.2% |
| 2027 | ~$1,867,828 | ~$1,733,498 | ~1.9814% | ~$34,347 | +19.3% |
| 2028 | ~$2,039,977 | ~$1,906,848 | ~1.9488% | ~$37,161 | +30.3% |
| 2029 | ~$2,227,991 | ~$2,097,533 | ~1.9163% | ~$40,195 | +42.3% |
| 2030 | ~$2,433,334 | ~$2,307,286 | ~1.8837% | ~$43,463 | +55.4% |
| 2026 | ~$1,678,889 | ~$1,575,907 | ~2.0465% | ~$32,251 | +7.2% |
| 2027 | ~$1,800,046 | ~$1,733,498 | ~2.0465% | ~$35,476 | +15.0% |
| 2028 | ~$1,929,947 | ~$1,906,848 | ~2.0465% | ~$39,023 | +23.2% |
| 2029 | ~$2,069,221 | ~$2,069,221 | ~2.0465% | ~$42,346 | +32.1% |
| 2030 | ~$2,218,546 | ~$2,218,546 | ~2.0465% | ~$45,402 | +41.7% |
| 2026 | ~$1,741,525 | ~$1,575,907 | ~1.9977% | ~$31,481 | +11.2% |
| 2027 | ~$1,936,863 | ~$1,733,498 | ~1.9488% | ~$33,783 | +23.7% |
| 2028 | ~$2,154,111 | ~$1,906,848 | ~1.9000% | ~$36,230 | +37.6% |
| 2029 | ~$2,395,727 | ~$2,097,533 | ~1.8512% | ~$38,829 | +53.0% |
| 2030 | ~$2,664,444 | ~$2,307,286 | ~1.8024% | ~$41,586 | +70.2% |
In 2025, this property's market value of $1,565,887 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +10% 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 | $1,565,887 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,701,375 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,100,544 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.