N F M RD 973 TX 78725
| Owner | WALKER AERO CAPITAL LLC |
|---|---|
| Parcel ID | 0307410103 |
| Short ID | 288592 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 1,440 SF |
| Land SF | 3,350,586 SF |
| Acres | 76.919 |
| Year Built | 2005 |
| Legal | ABS 15 SUR 17 HORNSBY R ACR 80.203 |
| Neighborhood | 1FE1 |
| Land | $384,594 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $384,594 |
| Improvement | $36,464 |
|---|---|
| Total Improvement | $36,464 |
| Market | $421,058 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $421,058 |
| Value Limitation Adjustment (−) (homestead cap) | −$148,335 |
| Net Appraised (assessed) | $272,723 |
| Taxable Value | $272,723 |
|---|
Appreciation: Market value has risen +79.7% from $234,306 (2021) to $421,058 (2025), a CAGR of 15.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 1.5728% in 2025 (-0.0078% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $4,289. Del Valle ISD is the largest single contributor, at 60.3% of the total 2025 levy.
Assessment Gap: Assessed value ($272,723) is $148,335 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 91% of market value ($384,594 land vs $36,464 improvements), about $0/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $421,058, this parcel sits in the bottom quartile (<25th 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 +15.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $876,073 by 2030, with an estimated annual tax burden around $5,353. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,500 SF | ✗ |
| 1ST | 1st Floor | 1,440 SF | ✓ |
| 121 | WATER/SEWER INF | 1 SF | ✓ |
Market value changed by 78% in 2025, 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% | $2,587.87 | $2,587.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,025.02 | $1,025.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $321.88 | $321.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $282.00 | $282.00 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $72.54 | $72.54 | Paid |
| Combined Rate | 1.8560% | 1.7602% | 1.5467% | 1.5806% | 1.5728% | -0.0078% | $4,289.31 | $4,289.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,879,068 | $421,058 | +346.3% |
| Assessed Value | $327,268 | $272,723 | +20.0% |
| Land Value | $1,846,054 | $384,594 | +380.0% |
| Improvement Value | $33,014 | $36,464 | -9.5% |
| Taxable Value | $327,268 | $272,723 | +20.0% |
| HS Cap Loss | -$1,551,800 | — | |
| Total Tax 2026 = estimate |
~$5,147
Estimated
|
~$4,289
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,879,068 | $1,879,068 | +0 (+0.0%) |
| Taxable Value | $327,268 | $327,268 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,879,068 | $1,846,054 | $33,014 | −$1,551,800 | $327,268 | $327,268 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $421,058 | $384,594 | $36,464 | −$148,335 | $272,723 | $272,723 | ~$4,289 | Partial |
| 2024 | $236,972 | — | — | −$36,464 | $200,508 | $— | $3,614 | Verified |
| 2023 | $245,797 | — | — | −$45,289 | $200,508 | $— | $3,665 | Verified |
| 2022 | $234,475 | — | — | −$33,967 | $200,508 | $— | $4,327 | Verified |
| 2021 | $234,306 | — | — | −$33,798 | $200,508 | $— | $4,352 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +346.3% ! | +20.0% | 17.4% | Not available | Partial |
| 2025 | +77.7% ! | +15.1% | 64.8% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.5300% | Verified |
| 2023 | -3.6% | -3.6% | ~100% | 1.5500% | Verified |
| 2022 | +4.8% | +4.8% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +79.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +346.3% | +85.1% | -2.2% | +346.3% | 2026 | -3.6% | 2024 |
| Assessment Ratio | 17.4% | 69.9% | — | 85.6% | 2021 | 17.4% | 2026 |
| Effective Tax Rate (2025) | 1.0200% | 1.0200% | — | 1.0200% | 2025 | 1.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,289 | $4,049 | ~$4,934 | $4,352 | 2021 | $3,614 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$487,508 | ~$299,995 | ~1.5020% | ~$4,506 | +15.8% |
| 2027 | ~$564,444 | ~$329,995 | ~1.4312% | ~$4,723 | +34.1% |
| 2028 | ~$653,523 | ~$362,994 | ~1.3604% | ~$4,938 | +55.2% |
| 2029 | ~$756,659 | ~$399,294 | ~1.2896% | ~$5,149 | +79.7% |
| 2030 | ~$876,073 | ~$439,223 | ~1.2188% | ~$5,353 | +108.1% |
| 2026 | ~$479,087 | ~$299,995 | ~1.5728% | ~$4,718 | +13.8% |
| 2027 | ~$545,113 | ~$329,995 | ~1.5728% | ~$5,190 | +29.5% |
| 2028 | ~$620,238 | ~$362,994 | ~1.5728% | ~$5,709 | +47.3% |
| 2029 | ~$705,717 | ~$399,294 | ~1.5728% | ~$6,280 | +67.6% |
| 2030 | ~$802,976 | ~$439,223 | ~1.5728% | ~$6,908 | +90.7% |
| 2026 | ~$495,929 | ~$299,995 | ~1.4666% | ~$4,400 | +17.8% |
| 2027 | ~$584,113 | ~$329,995 | ~1.3604% | ~$4,489 | +38.7% |
| 2028 | ~$687,978 | ~$362,994 | ~1.2542% | ~$4,553 | +63.4% |
| 2029 | ~$810,312 | ~$399,294 | ~1.1480% | ~$4,584 | +92.4% |
| 2030 | ~$954,398 | ~$439,223 | ~1.0417% | ~$4,576 | +126.7% |
In 2025, this property's market value of $421,058 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -70% below 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 | $421,058 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $236,972 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $245,797 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $234,475 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $234,306 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.