2101 MONTOPOLIS DR 23 TX 78741
| Owner | STEINER LA FUENTES RESTAURANT LLC |
|---|---|
| Parcel ID | 0310140624 |
| Short ID | 895166 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,650 SF |
| Land SF | 7,754 SF |
| Acres | 0.178 |
| Year Built | 2018 |
| Legal | UNT COMMERCIAL MASTER UNIT 23 2101 MONTOPOLIS MASTER CONDOMINIUMS PLUS 8.9 % INT IN COM AREA |
| Neighborhood | 32CEN |
| Land | $77,537 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $77,537 |
| Improvement | $613,130 |
|---|---|
| Total Improvement | $613,130 |
| Market | $690,667 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $690,667 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $690,667 |
| Taxable Value | $690,667 |
|---|
Appreciation: Market value has fallen -4.5% from $723,473 (2021) to $690,667 (2025), a CAGR of -1.2% 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 $14,134. 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 11% of market value ($77,537 land vs $613,130 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $690,667, this parcel sits in the lower-middle (25th–50th 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 -1.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $651,743 by 2030, with an estimated annual tax burden around $12,277. 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 | 10,000 SF | ✗ |
| 1ST | 1st Floor | 1,650 SF | ✓ |
| 501 | CANOPY | 500 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% | $6,390.05 | $6,390.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,619.21 | $3,619.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,595.84 | $2,595.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $815.15 | $815.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $714.15 | $714.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,134.40 | $14,134.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $737,209 | $690,667 | +6.7% |
| Assessed Value | $737,209 | $690,667 | +6.7% |
| Land Value | $77,537 | $77,537 | +0.0% |
| Improvement Value | $659,672 | $613,130 | +7.6% |
| Taxable Value | $737,209 | $690,667 | +6.7% |
| Total Tax 2026 = estimate |
~$15,087
Estimated
|
~$14,134
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $737,209 | $737,209 | +0 (+0.0%) |
| Taxable Value | $737,209 | $737,209 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $737,209 | $77,537 | $659,672 | — | $737,209 | $737,209 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $690,667 | $77,537 | $613,130 | — | $690,667 | $690,667 | ~$14,134 | Partial |
| 2024 | $678,558 | — | — | −$601,021 | $77,537 | $— | $13,896 | Verified |
| 2023 | $632,487 | — | — | −$554,950 | $77,537 | $— | $12,277 | Verified |
| 2022 | $635,739 | — | — | −$558,202 | $77,537 | $— | $12,491 | Verified |
| 2021 | $723,473 | — | — | −$645,936 | $77,537 | $— | $13,838 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2025 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2024 | +3.3% | +3.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.3% | +7.3% | ~100% | 1.8100% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.7% | +0.6% | -2.4% | +7.3% | 2024 | -12.1% | 2022 |
| Assessment Ratio | 100.0% | 41.1% | — | 100.0% | 2025 | 10.7% | 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 |
$14,134 | $13,327 | ~$13,006 | $14,134 | 2025 | $12,277 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$682,701 | ~$682,701 | ~2.0139% | ~$13,749 | -1.2% |
| 2027 | ~$674,826 | ~$674,826 | ~1.9814% | ~$13,371 | -2.3% |
| 2028 | ~$667,042 | ~$667,042 | ~1.9488% | ~$13,000 | -3.4% |
| 2029 | ~$659,349 | ~$659,349 | ~1.9163% | ~$12,635 | -4.5% |
| 2030 | ~$651,743 | ~$651,743 | ~1.8837% | ~$12,277 | -5.6% |
| 2026 | ~$668,887 | ~$668,887 | ~2.0465% | ~$13,689 | -3.2% |
| 2027 | ~$647,794 | ~$647,794 | ~2.0465% | ~$13,257 | -6.2% |
| 2028 | ~$627,367 | ~$627,367 | ~2.0465% | ~$12,839 | -9.2% |
| 2029 | ~$607,583 | ~$607,583 | ~2.0465% | ~$12,434 | -12.0% |
| 2030 | ~$588,423 | ~$588,423 | ~2.0465% | ~$12,042 | -14.8% |
| 2026 | ~$696,514 | ~$696,514 | ~1.9977% | ~$13,914 | +0.8% |
| 2027 | ~$702,410 | ~$702,410 | ~1.9488% | ~$13,689 | +1.7% |
| 2028 | ~$708,357 | ~$708,357 | ~1.9000% | ~$13,459 | +2.6% |
| 2029 | ~$714,354 | ~$714,354 | ~1.8512% | ~$13,224 | +3.4% |
| 2030 | ~$720,401 | ~$720,401 | ~1.8024% | ~$12,984 | +4.3% |
In 2025, this property's market value of $690,667 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -51% 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 | $690,667 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $678,558 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $632,487 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $635,739 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $723,473 | $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.