1500 AIRPORT COMMERCE DR TX 78741
| Owner | KANSAS CITY LIFE INSURANCE COMPANY |
|---|---|
| Parcel ID | 0310200103 |
| Short ID | 483297 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 69,112 SF |
| Land SF | 304,935 SF |
| Acres | 7.000 |
| Year Built | 2007 |
| Legal | LOT 1 BLK A AIRPORT COMMERCE PARK SEC 1 |
| Neighborhood | 60SEA |
| Land | $2,439,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,439,480 |
| Improvement | $15,005,039 |
|---|---|
| Total Improvement | $15,005,039 |
| Market | $17,444,519 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $17,444,519 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $17,444,519 |
| Taxable Value | $17,444,519 |
|---|
Appreciation: Market value has risen +70.5% from $10,230,000 (2021) to $17,444,519 (2025), a CAGR of 14.3% 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 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $361,134. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
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 14% of market value ($2,439,480 land vs $15,005,039 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $17,444,519, 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $33,992,899 by 2030, with an estimated annual tax burden around $494,940. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 205,300 SF | ✗ |
| 1ST | 1st Floor | 69,112 SF | ✓ |
| 491 | SPRINKLER HEADS | 67,500 SF | ✗ |
| 881 | COMMCL FINISHOUT | 12,210 SF | ✓ |
| 501 | CANOPY | 1,612 SF | ✗ |
| 437 | FENCE MASON LF | 85 SF | ✗ |
| 413 | STAIRWAY EXT | 6 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% | $165,531.04 | $165,531.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $91,412.25 | $91,412.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $65,564.35 | $65,564.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,588.54 | $20,588.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,037.63 | $18,037.63 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $361,133.81 | $361,133.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,778,314 | $17,444,519 | -3.8% |
| Assessed Value | $16,778,314 | $17,444,519 | -3.8% |
| Land Value | $2,439,480 | $2,439,480 | +0.0% |
| Improvement Value | $14,338,834 | $15,005,039 | -4.4% |
| Taxable Value | $16,778,314 | $17,444,519 | -3.8% |
| Total Tax 2026 = estimate |
~$347,342
Estimated
|
~$361,134
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,778,314 | $16,778,314 | +0 (+0.0%) |
| Taxable Value | $16,778,314 | $16,778,314 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,778,314 | $2,439,480 | $14,338,834 | — | $16,778,314 | $16,778,314 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $17,444,519 | $2,439,480 | $15,005,039 | — | $17,444,519 | $17,444,519 | ~$361,134 | Partial |
| 2024 | $15,000,000 | — | — | −$12,560,520 | $2,439,480 | $— | $318,936 | Verified |
| 2023 | $12,900,000 | — | — | −$10,460,520 | $2,439,480 | $— | $294,608 | Verified |
| 2022 | $11,500,000 | — | — | −$9,060,520 | $2,439,480 | $— | $279,382 | Verified |
| 2021 | $10,230,000 | — | — | −$7,790,520 | $2,439,480 | $— | $258,710 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2025 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2024 | -3.3% | -3.3% | ~100% | 1.9700% | Verified |
| 2023 | +26.2% | +26.2% | ~100% | 1.7600% | Verified |
| 2022 | +15.4% | +15.4% | ~100% | 2.1100% | Verified |
| 2021 | base year | — | ~100% | 2.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.8% | +10.7% | +15.2% | +16.3% | 2024 | -3.8% | 2026 |
| Assessment Ratio | 100.0% | 46.7% | — | 100.0% | 2025 | 16.3% | 2024 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$361,134 | $302,554 | ~$438,934 | $361,134 | 2025 | $258,710 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,934,477 | ~$19,188,971 | ~2.0085% | ~$385,408 | +14.3% |
| 2027 | ~$22,779,841 | ~$21,107,868 | ~1.9468% | ~$410,925 | +30.6% |
| 2028 | ~$26,031,340 | ~$23,218,655 | ~1.8851% | ~$437,692 | +49.2% |
| 2029 | ~$29,746,945 | ~$25,540,520 | ~1.8234% | ~$465,704 | +70.5% |
| 2030 | ~$33,992,899 | ~$28,094,572 | ~1.7617% | ~$494,940 | +94.9% |
| 2026 | ~$19,585,586 | ~$19,188,971 | ~2.0702% | ~$397,247 | +12.3% |
| 2027 | ~$21,989,439 | ~$21,107,868 | ~2.0702% | ~$436,972 | +26.1% |
| 2028 | ~$24,688,331 | ~$23,218,655 | ~2.0702% | ~$480,669 | +41.5% |
| 2029 | ~$27,718,474 | ~$25,540,520 | ~2.0702% | ~$528,736 | +58.9% |
| 2030 | ~$31,120,524 | ~$28,094,572 | ~2.0702% | ~$581,610 | +78.4% |
| 2026 | ~$20,283,367 | ~$19,188,971 | ~1.9776% | ~$379,488 | +16.3% |
| 2027 | ~$23,584,198 | ~$21,107,868 | ~1.8851% | ~$397,902 | +35.2% |
| 2028 | ~$27,422,191 | ~$23,218,655 | ~1.7925% | ~$416,204 | +57.2% |
| 2029 | ~$31,884,764 | ~$25,540,520 | ~1.7000% | ~$434,187 | +82.8% |
| 2030 | ~$37,073,557 | ~$28,094,572 | ~1.6074% | ~$451,605 | +112.5% |
In 2025, this property's market value of $17,444,519 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $17,444,519 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,230,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.