2121 E OLTORF ST TX 78741
| Owner | OLTORF MARKET CENTER LTD |
|---|---|
| Parcel ID | 0307050814 |
| Short ID | 287640 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 33,910 SF |
| Land SF | 114,998 SF |
| Acres | 2.640 |
| Year Built | 1986 |
| Legal | TRT B WILLOW CREEK COMMERCIAL |
| Neighborhood | 43CEN |
| Land | $1,724,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,724,970 |
| Improvement | $6,172,580 |
|---|---|
| Total Improvement | $6,172,580 |
| Market | $7,897,550 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,897,550 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,897,550 |
| Taxable Value | $7,897,550 |
|---|
Appreciation: Market value has fallen -2.5% from $8,100,000 (2021) to $7,897,550 (2025), a CAGR of -0.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $161,622. 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 22% of market value ($1,724,970 land vs $6,172,580 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,897,550, 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 -0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,651,588 by 2030, with an estimated annual tax burden around $144,136. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 49,600 SF | ✗ |
| 1ST | 1st Floor | 33,910 SF | ✓ |
| 501 | CANOPY | 4,336 SF | ✗ |
| 611 | TERRACE | 4,336 SF | ✗ |
| 541 | FENCE COMM LF | 640 SF | ✗ |
| 482 | LIGHT POLES | 5 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% | $73,068.13 | $73,068.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,384.50 | $41,384.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,682.55 | $29,682.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,320.93 | $9,320.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,166.07 | $8,166.07 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $161,622.18 | $161,622.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,897,550 | $7,897,550 | +0.0% |
| Assessed Value | $7,897,550 | $7,897,550 | +0.0% |
| Land Value | $1,724,970 | $1,724,970 | +0.0% |
| Improvement Value | $6,172,580 | $6,172,580 | +0.0% |
| Taxable Value | $7,897,550 | $7,897,550 | +0.0% |
| Total Tax 2026 = estimate |
~$161,622
Estimated
|
~$161,622
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,502,139 | $7,897,550 | -604,589 (-7.1%) |
| Taxable Value | $8,502,139 | $7,897,550 | -604,589 (-7.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,897,550 | $1,724,970 | $6,172,580 | — | $7,897,550 | $7,897,550 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,897,550 | $1,724,970 | $6,172,580 | — | $7,897,550 | $7,897,550 | ~$161,622 | Partial |
| 2024 | $8,040,000 | — | — | −$6,315,030 | $1,724,970 | $— | $161,184 | Verified |
| 2023 | $7,400,000 | — | — | −$5,675,030 | $1,724,970 | $— | $145,463 | Verified |
| 2022 | $6,900,000 | — | — | −$5,175,030 | $1,724,970 | $— | $146,505 | Verified |
| 2021 | $8,100,000 | — | — | −$6,375,030 | $1,724,970 | $— | $150,400 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2025 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2024 | +1.2% | +1.2% | ~100% | 1.9800% | Verified |
| 2023 | +3.5% | +3.5% | ~100% | 1.8100% | Verified |
| 2022 | +9.4% | +9.4% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -0.2% | -0.6% | +8.6% | 2024 | -14.8% | 2022 |
| Assessment Ratio | 100.0% | 48.5% | — | 100.0% | 2025 | 21.3% | 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 |
$161,622 | $153,035 | ~$151,054 | $161,622 | 2025 | $145,463 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,847,733 | ~$7,847,733 | ~2.0139% | ~$158,048 | -0.6% |
| 2027 | ~$7,798,230 | ~$7,798,230 | ~1.9814% | ~$154,513 | -1.3% |
| 2028 | ~$7,749,040 | ~$7,749,040 | ~1.9488% | ~$151,016 | -1.9% |
| 2029 | ~$7,700,160 | ~$7,700,160 | ~1.9163% | ~$147,557 | -2.5% |
| 2030 | ~$7,651,588 | ~$7,651,588 | ~1.8837% | ~$144,136 | -3.1% |
| 2026 | ~$7,689,782 | ~$7,689,782 | ~2.0465% | ~$157,370 | -2.6% |
| 2027 | ~$7,487,480 | ~$7,487,480 | ~2.0465% | ~$153,230 | -5.2% |
| 2028 | ~$7,290,500 | ~$7,290,500 | ~2.0465% | ~$149,199 | -7.7% |
| 2029 | ~$7,098,703 | ~$7,098,703 | ~2.0465% | ~$145,274 | -10.1% |
| 2030 | ~$6,911,951 | ~$6,911,951 | ~2.0465% | ~$141,452 | -12.5% |
| 2026 | ~$8,005,684 | ~$8,005,684 | ~1.9977% | ~$159,927 | +1.4% |
| 2027 | ~$8,115,299 | ~$8,115,299 | ~1.9488% | ~$158,154 | +2.8% |
| 2028 | ~$8,226,414 | ~$8,226,414 | ~1.9000% | ~$156,303 | +4.2% |
| 2029 | ~$8,339,051 | ~$8,339,051 | ~1.8512% | ~$154,372 | +5.6% |
| 2030 | ~$8,453,231 | ~$8,453,231 | ~1.8024% | ~$152,359 | +7.0% |
In 2025, this property's market value of $7,897,550 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $7,897,550 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,040,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,900,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,100,000 | $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.