1111 BASTROP HWY TX 78742
| Owner | SOUTHSIDE STORAGE INC |
|---|---|
| Parcel ID | 0307200304 |
| Short ID | 288395 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 24,644 SF |
| Land SF | 418,917 SF |
| Acres | 9.617 |
| Year Built | 1973 |
| Legal | ABS 24 DELVALLE S ACR 9.617 |
| Neighborhood | 60SEA |
| Land | $1,570,937 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,570,937 |
| Improvement | $124,567 |
|---|---|
| Total Improvement | $124,567 |
| Market | $1,695,504 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,695,504 |
| Value Limitation Adjustment (−) (homestead cap) | −$45,926 |
| Net Appraised (assessed) | $1,649,578 |
| Taxable Value | $1,649,578 |
|---|
Appreciation: Market value has risen +216.2% from $536,217 (2021) to $1,695,504 (2025), a CAGR of 33.3% 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.
Tax Burden: The combined rate across 6 taxing entities is 2.9954% in 2025 (+0.0167% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $49,411. Del Valle ISD is the largest single contributor, at 45.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,649,578) is $45,926 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 93% of market value ($1,570,937 land vs $124,567 improvements), about $4/SF of land. With value concentrated in the land under a ~53-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 $1,695,504, 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 +33.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,149,022 by 2030, with an estimated annual tax burden around $66,849. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 24,644 SF | ✓ |
| 551 | PAVED AREA | 12,000 SF | ✗ |
| 288 | SHED SF | 2,052 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,620 SF | ✗ |
| 541 | FENCE COMM LF | 1,500 SF | ✗ |
| 501 | CANOPY | 960 SF | ✗ |
| 328 | MEZZ COMM (STG) | 930 SF | ✓ |
| SO | Sketch Only | 930 SF | ✗ |
| 881 | COMMCL FINISHOUT | 825 SF | ✓ |
| 591 | MASONRY TRIM SF | 350 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $15,362.79 | $15,362.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,644.07 | $8,644.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,199.86 | $6,199.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,946.88 | $1,946.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,705.66 | $1,705.66 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $282.82 | $282.82 | Paid |
| Combined Rate | 3.3787% | 3.1595% | 2.8120% | 2.9787% | 2.9954% | +0.0167% | $34,142.08 | $34,142.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,698,719 | $1,695,504 | +0.2% |
| Assessed Value | $1,698,719 | $1,649,578 | +3.0% |
| Land Value | $1,570,937 | $1,570,937 | +0.0% |
| Improvement Value | $127,782 | $124,567 | +2.6% |
| Taxable Value | $1,698,719 | $1,649,578 | +3.0% |
| Total Tax 2026 = estimate |
~$50,883
Estimated
|
~$34,142
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,698,719 | $1,698,719 | +0 (+0.0%) |
| Taxable Value | $1,698,719 | $1,698,719 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,698,719 | $1,570,937 | $127,782 | — | $1,698,719 | $1,698,719 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,695,504 | $1,570,937 | $124,567 | −$45,926 | $1,649,578 | $1,649,578 | ~$34,142 | Partial |
| 2024 | $1,145,540 | — | — | — | $1,570,937 ! | $— | $27,870 | Verified |
| 2023 | $701,545 | — | — | −$387,358 | $314,187 | $— | $22,358 | Verified |
| 2022 | $667,684 | — | — | −$526,300 | $141,384 | $— | $15,169 | Verified |
| 2021 | $536,217 | — | — | −$394,833 | $141,384 | $— | $15,466 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +3.0% | ~100% | Not available | Partial |
| 2025 | -5.2% | +20.0% | 97.3% | Not available | Partial |
| 2024 | +56.1% | +20.0% | 76.9% | 1.5600% | Verified |
| 2023 | +63.3% | +63.3% | ~100% | 1.9500% | Verified |
| 2022 | +5.1% | +5.1% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.8800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +153.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +28.2% | +33.3% | +63.3% | 2024 | +0.2% | 2026 |
| Assessment Ratio | 100.0% | 71.1% | — | 137.1% | 2024 | 21.2% | 2022 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$34,142 | $23,001 | ~$59,593 | $34,142 | 2025 | $15,169 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,260,937 | ~$1,814,536 | ~2.8996% | ~$52,614 | +33.3% |
| 2027 | ~$3,014,935 | ~$1,995,989 | ~2.8037% | ~$55,962 | +77.8% |
| 2028 | ~$4,020,384 | ~$2,195,588 | ~2.7079% | ~$59,455 | +137.1% |
| 2029 | ~$5,361,139 | ~$2,415,147 | ~2.6121% | ~$63,086 | +216.2% |
| 2030 | ~$7,149,022 | ~$2,656,662 | ~2.5163% | ~$66,849 | +321.6% |
| 2026 | ~$2,227,026 | ~$1,814,536 | ~2.9954% | ~$54,352 | +31.3% |
| 2027 | ~$2,925,176 | ~$1,995,989 | ~2.9954% | ~$59,788 | +72.5% |
| 2028 | ~$3,842,187 | ~$2,195,588 | ~2.9954% | ~$65,766 | +126.6% |
| 2029 | ~$5,046,672 | ~$2,415,147 | ~2.9954% | ~$72,343 | +197.7% |
| 2030 | ~$6,628,750 | ~$2,656,662 | ~2.9954% | ~$79,577 | +291.0% |
| 2026 | ~$2,294,847 | ~$1,814,536 | ~2.8516% | ~$51,744 | +35.3% |
| 2027 | ~$3,106,051 | ~$1,995,989 | ~2.7079% | ~$54,050 | +83.2% |
| 2028 | ~$4,204,006 | ~$2,195,588 | ~2.5642% | ~$56,299 | +148.0% |
| 2029 | ~$5,690,078 | ~$2,415,147 | ~2.4204% | ~$58,457 | +235.6% |
| 2030 | ~$7,701,460 | ~$2,656,662 | ~2.2767% | ~$60,484 | +354.2% |
In 2025, this property's market value of $1,695,504 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +20% 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 | $1,695,504 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,145,540 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $701,545 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $667,684 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $536,217 | $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.