1340 AIRPORT COMMERCE DR 5 TX 78741
| Owner | KANSAS CITY LIFE INSURANCE COMPANY |
|---|---|
| Parcel ID | 0310200107 |
| Short ID | 758871 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 54,850 SF |
| Land SF | 173,301 SF |
| Acres | 3.978 |
| Year Built | 2007 |
| Legal | LOT 4 BLK A AIRPORT COMMERCE PARK SEC 1 RSB LT 2 BL A & LT 1 BL A SEC 2 |
| Neighborhood | 66SEA |
| Land | $1,386,408 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,386,408 |
| Improvement | $13,281,583 |
|---|---|
| Total Improvement | $13,281,583 |
| Market | $14,667,991 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,667,991 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,667,991 |
| Taxable Value | $14,667,991 |
|---|
Appreciation: Market value has risen +56.0% from $9,400,000 (2021) to $14,667,991 (2025), a CAGR of 11.8% 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 $303,655. 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 9% of market value ($1,386,408 land vs $13,281,583 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 $14,667,991, 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 +11.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $25,581,388 by 2030, with an estimated annual tax burden around $416,164. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 101,000 SF | ✗ |
| 1ST | 1st Floor | 54,850 SF | ✓ |
| 491 | SPRINKLER HEADS | 53,560 SF | ✗ |
| 881 | COMMCL FINISHOUT | 41,688 SF | ✓ |
| 093 | HVAC COMMRCL SF | 7,735 SF | ✗ |
| 501 | CANOPY | 1,290 SF | ✗ |
| 408 | LOADING RAMP | 360 SF | ✓ |
| 437 | FENCE MASON LF | 12 SF | ✗ |
| 413 | STAIRWAY EXT | 5 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% | $139,184.57 | $139,184.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $76,862.77 | $76,862.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $55,128.91 | $55,128.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,311.60 | $17,311.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,166.70 | $15,166.70 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $303,654.55 | $303,654.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,590,951 | $14,667,991 | -7.3% |
| Assessed Value | $13,590,951 | $14,667,991 | -7.3% |
| Land Value | $1,386,408 | $1,386,408 | +0.0% |
| Improvement Value | $12,204,543 | $13,281,583 | -8.1% |
| Taxable Value | $13,590,951 | $14,667,991 | -7.3% |
| Total Tax 2026 = estimate |
~$281,358
Estimated
|
~$303,655
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,590,951 | $13,590,951 | +0 (+0.0%) |
| Taxable Value | $13,590,951 | $13,590,951 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,590,951 | $1,386,408 | $12,204,543 | — | $13,590,951 | $13,590,951 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $14,667,991 | $1,386,408 | $13,281,583 | — | $14,667,991 | $14,667,991 | ~$303,655 | Partial |
| 2024 | $12,500,000 | — | — | −$11,113,592 | $1,386,408 | $— | $264,478 | Verified |
| 2023 | $10,600,000 | — | — | −$9,213,592 | $1,386,408 | $— | $244,660 | Verified |
| 2022 | $10,200,000 | — | — | −$8,813,592 | $1,386,408 | $— | $230,337 | Verified |
| 2021 | $9,400,000 | — | — | −$8,013,592 | $1,386,408 | $— | $223,059 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.3% | -7.3% | ~100% | Not available | Partial |
| 2025 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2024 | +5.3% | +5.3% | ~100% | 1.9200% | Verified |
| 2023 | +12.1% | +12.1% | ~100% | 1.8700% | Verified |
| 2022 | +14.5% | +14.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.3% | +8.1% | +13.5% | +17.9% | 2024 | -7.3% | 2026 |
| Assessment Ratio | 100.0% | 42.1% | — | 100.0% | 2025 | 11.1% | 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 |
$303,655 | $253,238 | ~$369,072 | $303,655 | 2025 | $223,059 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,393,864 | ~$16,134,790 | ~2.0085% | ~$324,065 | +11.8% |
| 2027 | ~$18,322,808 | ~$17,748,269 | ~1.9468% | ~$345,521 | +24.9% |
| 2028 | ~$20,478,716 | ~$19,523,096 | ~1.8851% | ~$368,028 | +39.6% |
| 2029 | ~$22,888,294 | ~$21,475,406 | ~1.8234% | ~$391,581 | +56.0% |
| 2030 | ~$25,581,388 | ~$23,622,946 | ~1.7617% | ~$416,164 | +74.4% |
| 2026 | ~$16,100,504 | ~$16,100,504 | ~2.0702% | ~$333,310 | +9.8% |
| 2027 | ~$17,672,920 | ~$17,672,920 | ~2.0702% | ~$365,862 | +20.5% |
| 2028 | ~$19,398,903 | ~$19,398,903 | ~2.0702% | ~$401,593 | +32.3% |
| 2029 | ~$21,293,449 | ~$21,293,449 | ~2.0702% | ~$440,814 | +45.2% |
| 2030 | ~$23,373,021 | ~$23,373,021 | ~2.0702% | ~$483,865 | +59.3% |
| 2026 | ~$16,687,224 | ~$16,134,790 | ~1.9776% | ~$319,088 | +13.8% |
| 2027 | ~$18,984,430 | ~$17,748,269 | ~1.8851% | ~$334,571 | +29.4% |
| 2028 | ~$21,597,874 | ~$19,523,096 | ~1.7925% | ~$349,960 | +47.2% |
| 2029 | ~$24,571,093 | ~$21,475,406 | ~1.7000% | ~$365,081 | +67.5% |
| 2030 | ~$27,953,612 | ~$23,622,946 | ~1.6074% | ~$379,726 | +90.6% |
In 2025, this property's market value of $14,667,991 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $14,667,991 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,200,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,400,000 | $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.