1708 MONTOPOLIS DR TX 78741
| Owner | JOE & MYRTLE BASHARA REAL ESTATE LLC |
|---|---|
| Parcel ID | 0308140517 |
| Short ID | 289328 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,526 SF |
| Land SF | 7,820 SF |
| Acres | 0.180 |
| Year Built | 1960 |
| Legal | LOT 35A *LESS E13' AV & S5' RESUB OF LTS 34-38 BLK 4 ANGELL C L SUBD |
| Neighborhood | 53SEA |
| Land | $109,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $109,480 |
| Improvement | $359,457 |
|---|---|
| Total Improvement | $359,457 |
| Market | $468,937 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $468,937 |
| Value Limitation Adjustment (−) (homestead cap) | −$40,747 |
| Net Appraised (assessed) | $428,190 |
| Taxable Value | $428,190 |
|---|
Appreciation: Market value has risen +97.5% from $237,481 (2021) to $468,937 (2025), a CAGR of 18.5% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,763. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($428,190) is $40,747 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 23% of market value ($109,480 land vs $359,457 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~66 yrs), and rent roll drive the underwriting.
Submarket Position: At $468,937, 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 +18.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,097,669 by 2030, with an estimated annual tax burden around $12,990. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,526 SF | ✓ |
| 551 | PAVED AREA | 1,008 SF | ✗ |
| 501 | CANOPY | 80 SF | ✗ |
| SO | Sketch Only | 48 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 36 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% | $3,961.61 | $3,961.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,243.79 | $2,243.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,609.33 | $1,609.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $505.36 | $505.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $442.75 | $442.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,762.84 | $8,762.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $356,721 | $468,937 | -23.9% |
| Assessed Value | $356,721 | $428,190 | -16.7% |
| Land Value | $109,480 | $109,480 | +0.0% |
| Improvement Value | $247,241 | $359,457 | -31.2% |
| Taxable Value | $356,721 | $428,190 | -16.7% |
| Total Tax 2026 = estimate |
~$7,300
Estimated
|
~$8,763
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $356,721 | $356,721 | +0 (+0.0%) |
| Taxable Value | $356,721 | $356,721 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $356,721 | $109,480 | $247,241 | — | $356,721 | $356,721 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $468,937 | $109,480 | $359,457 | −$40,747 | $428,190 | $428,190 | ~$8,763 | Partial |
| 2024 | $329,213 | — | — | −$219,733 | $109,480 | $— | $7,072 | Verified |
| 2023 | $273,714 | — | — | −$164,234 | $109,480 | $— | $5,956 | Verified |
| 2022 | $272,173 | — | — | −$162,693 | $109,480 | $— | $5,406 | Verified |
| 2021 | $237,481 | — | — | −$128,001 | $109,480 | $— | $5,924 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -23.9% | -16.7% | ~100% | Not available | Partial |
| 2025 | +31.4% | +20.0% | 91.3% | Not available | Partial |
| 2024 | +8.4% | +8.4% | ~100% | 1.9800% | Verified |
| 2023 | +20.3% | +20.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +72.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.9% | +10.8% | +26.0% | +42.4% | 2025 | -23.9% | 2026 |
| Assessment Ratio | 100.0% | 58.5% | — | 100.0% | 2026 | 33.3% | 2024 |
| 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 |
$8,763 | $6,624 | ~$11,172 | $8,763 | 2025 | $5,406 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$555,886 | ~$471,009 | ~2.0139% | ~$9,486 | +18.5% |
| 2027 | ~$658,957 | ~$518,110 | ~1.9814% | ~$10,266 | +40.5% |
| 2028 | ~$781,140 | ~$569,921 | ~1.9488% | ~$11,107 | +66.6% |
| 2029 | ~$925,977 | ~$626,913 | ~1.9163% | ~$12,013 | +97.5% |
| 2030 | ~$1,097,669 | ~$689,604 | ~1.8837% | ~$12,990 | +134.1% |
| 2026 | ~$546,507 | ~$471,009 | ~2.0465% | ~$9,639 | +16.5% |
| 2027 | ~$636,909 | ~$518,110 | ~2.0465% | ~$10,603 | +35.8% |
| 2028 | ~$742,266 | ~$569,921 | ~2.0465% | ~$11,663 | +58.3% |
| 2029 | ~$865,049 | ~$626,913 | ~2.0465% | ~$12,830 | +84.5% |
| 2030 | ~$1,008,144 | ~$689,604 | ~2.0465% | ~$14,113 | +115.0% |
| 2026 | ~$565,265 | ~$471,009 | ~1.9977% | ~$9,409 | +20.5% |
| 2027 | ~$681,380 | ~$518,110 | ~1.9488% | ~$10,097 | +45.3% |
| 2028 | ~$821,348 | ~$569,921 | ~1.9000% | ~$10,829 | +75.2% |
| 2029 | ~$990,067 | ~$626,913 | ~1.8512% | ~$11,605 | +111.1% |
| 2030 | ~$1,193,445 | ~$689,604 | ~1.8024% | ~$12,429 | +154.5% |
In 2025, this property's market value of $468,937 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -67% 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 | $468,937 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $329,213 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $273,714 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $272,173 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $237,481 | $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.