1127 BASTROP HWY TX 78742
| Owner | 1127 OLD BASTROP HWY LLC |
|---|---|
| Parcel ID | 0307200306 |
| Short ID | 288396 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,750 SF |
| Land SF | 250,993 SF |
| Acres | 5.762 |
| Year Built | 1968 |
| Legal | ABS 24 DELVALLE S ACR 5.762 |
| Neighborhood | 83SEA |
| Land | $3,764,891 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,764,891 |
| Improvement | $377,429 |
|---|---|
| Total Improvement | $377,429 |
| Market | $4,142,320 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,142,320 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,109,640 |
| Net Appraised (assessed) | $1,032,680 |
| Taxable Value | $1,032,680 |
|---|
Appreciation: Market value has risen +542.6% from $644,633 (2021) to $4,142,320 (2025), a CAGR of 59.2% 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 6 taxing entities is 2.9954% in 2025 (+0.0167% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $30,933. Del Valle ISD is the largest single contributor, at 40.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,032,680) is $3,109,640 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 91% of market value ($3,764,891 land vs $377,429 improvements), about $15/SF of land. With value concentrated in the land under a ~58-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 $4,142,320, 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 +59.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $42,379,667 by 2030, with an estimated annual tax burden around $41,849. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 206,800 SF | ✗ |
| 1ST | 1st Floor | 5,750 SF | ✓ |
| 541 | FENCE COMM LF | 1,800 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,250 SF | ✗ |
Market value changed by 404% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $8,540.84 | $8,540.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,411.42 | $5,411.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,881.28 | $3,881.28 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,226.83 | $1,226.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,218.80 | $1,218.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,067.79 | $1,067.79 | Paid |
| Combined Rate | 3.3787% | 3.1595% | 2.8120% | 2.9787% | 2.9954% | +0.0167% | $21,346.96 | $21,346.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,045,919 | $4,142,320 | -2.3% |
| Assessed Value | $1,239,216 | $1,032,680 | +20.0% |
| Land Value | $3,764,891 | $3,764,891 | +0.0% |
| Improvement Value | $281,028 | $377,429 | -25.5% |
| Taxable Value | $1,239,216 | $1,032,680 | +20.0% |
| HS Cap Loss | -$2,806,703 | — | |
| Total Tax 2026 = estimate |
~$37,119
Estimated
|
~$21,347
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,045,919 | $4,045,919 | +0 (+0.0%) |
| Taxable Value | $1,239,216 | $1,239,216 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,045,919 | $3,764,891 | $281,028 | −$2,806,703 | $1,239,216 | $1,239,216 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,142,320 | $3,764,891 | $377,429 | −$3,109,640 | $1,032,680 | $1,032,680 | ~$21,347 | Partial |
| 2024 | $660,623 | — | — | — | $2,500,000 ! | $— | $19,188 | Verified |
| 2023 | $495,543 | — | — | −$119,054 | $376,489 | $— | $12,661 | Verified |
| 2022 | $495,543 | — | — | −$119,054 | $376,489 | $— | $10,568 | Verified |
| 2021 | $644,633 | — | — | −$268,144 | $376,489 | $— | $11,355 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.3% | +20.0% | 30.6% | Not available | Partial |
| 2025 | +65.7% | -58.7% | 24.9% | Not available | Partial |
| 2024 | +404.5% ! | +564.0% | ~100% | 0.7700% | Verified |
| 2023 | +0.0% | +0.0% | 76.0% | No billing data | Verified |
| 2022 | -35.9% | -51.3% | 76.0% | No billing data | Verified |
| 2021 | base year | — | ~100% | 1.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +435.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | +107.0% | +60.0% | +527.0% | 2025 | -23.1% | 2022 |
| Assessment Ratio | 30.6% | 107.4% | — | 378.4% | 2024 | 24.9% | 2025 |
| Effective Tax Rate (2025) | 0.5200% | 0.5200% | — | 0.5200% | 2025 | 0.5200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,347 | $15,024 | ~$37,307 | $21,347 | 2025 | $10,568 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,595,177 | ~$1,135,948 | ~2.8996% | ~$32,938 | +59.2% |
| 2027 | ~$10,500,481 | ~$1,249,543 | ~2.8037% | ~$35,034 | +153.5% |
| 2028 | ~$16,718,295 | ~$1,374,497 | ~2.7079% | ~$37,220 | +303.6% |
| 2029 | ~$26,617,959 | ~$1,511,947 | ~2.6121% | ~$39,493 | +542.6% |
| 2030 | ~$42,379,667 | ~$1,663,141 | ~2.5163% | ~$41,849 | +923.1% |
| 2026 | ~$6,512,330 | ~$1,135,948 | ~2.9954% | ~$34,026 | +57.2% |
| 2027 | ~$10,238,331 | ~$1,249,543 | ~2.9954% | ~$37,429 | +147.2% |
| 2028 | ~$16,096,147 | ~$1,374,497 | ~2.9954% | ~$41,171 | +288.6% |
| 2029 | ~$25,305,487 | ~$1,511,947 | ~2.9954% | ~$45,289 | +510.9% |
| 2030 | ~$39,783,909 | ~$1,663,141 | ~2.9954% | ~$49,817 | +860.4% |
| 2026 | ~$6,678,023 | ~$1,135,948 | ~2.8516% | ~$32,393 | +61.2% |
| 2027 | ~$10,765,945 | ~$1,249,543 | ~2.7079% | ~$33,837 | +159.9% |
| 2028 | ~$17,356,271 | ~$1,374,497 | ~2.5642% | ~$35,245 | +319.0% |
| 2029 | ~$27,980,836 | ~$1,511,947 | ~2.4204% | ~$36,596 | +575.5% |
| 2030 | ~$45,109,181 | ~$1,663,141 | ~2.2767% | ~$37,865 | +989.0% |
In 2025, this property's market value of $4,142,320 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +192% 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 | $4,142,320 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $660,623 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $495,543 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $495,543 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $644,633 | $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.