1340 AIRPORT COMMERCE DR TX 78741
| Owner | KANSAS CITY LIFE INSURANCE COMPANY |
|---|---|
| Parcel ID | 0310200109 |
| Short ID | 758873 |
| Type | Real |
| Use Code | 65 Industrial 20K+ SF (50–74%) |
| Valuation | Cost |
| Improvement SF | 58,170 SF |
| Land SF | 174,316 SF |
| Acres | 4.002 |
| Year Built | 2007 |
| Legal | LOT 2 BLK A AIRPORT COMMERCE PARK SEC 1 RSB LT 2 BL A & LT 1 BL A SEC 2 |
| Neighborhood | 65SEA |
| Land | $1,394,528 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,394,528 |
| Improvement | $11,067,072 |
|---|---|
| Total Improvement | $11,067,072 |
| Market | $12,461,600 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,461,600 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,461,600 |
| Taxable Value | $12,461,600 |
|---|
Appreciation: Market value has risen +64.0% from $7,600,000 (2021) to $12,461,600 (2025), a CAGR of 13.2% 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 $257,978. 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 11% of market value ($1,394,528 land vs $11,067,072 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 $12,461,600, 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 +13.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $23,121,930 by 2030, with an estimated annual tax burden around $353,563. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 98,710 SF | ✗ |
| 1ST | 1st Floor | 58,170 SF | ✓ |
| 491 | SPRINKLER HEADS | 56,880 SF | ✗ |
| 881 | COMMCL FINISHOUT | 22,148 SF | ✓ |
| 093 | HVAC COMMRCL SF | 9,935 SF | ✗ |
| 501 | CANOPY | 1,290 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% | $118,248.12 | $118,248.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $65,300.90 | $65,300.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $46,836.30 | $46,836.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,707.55 | $14,707.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,885.29 | $12,885.29 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $257,978.16 | $257,978.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,815,122 | $12,461,600 | -5.2% |
| Assessed Value | $11,815,122 | $12,461,600 | -5.2% |
| Land Value | $1,394,528 | $1,394,528 | +0.0% |
| Improvement Value | $10,420,594 | $11,067,072 | -5.8% |
| Taxable Value | $11,815,122 | $12,461,600 | -5.2% |
| Total Tax 2026 = estimate |
~$244,595
Estimated
|
~$257,978
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,815,122 | $11,815,122 | +0 (+0.0%) |
| Taxable Value | $11,815,122 | $11,815,122 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,815,122 | $1,394,528 | $10,420,594 | — | $11,815,122 | $11,815,122 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,461,600 | $1,394,528 | $11,067,072 | — | $12,461,600 | $12,461,600 | ~$257,978 | Partial |
| 2024 | $9,900,000 | — | — | −$8,505,472 | $1,394,528 | $— | $247,442 | Verified |
| 2023 | $9,200,000 | — | — | −$7,805,472 | $1,394,528 | $— | $193,907 | Verified |
| 2022 | $8,450,000 | — | — | −$7,055,472 | $1,394,528 | $— | $199,344 | Verified |
| 2021 | $7,600,000 | — | — | −$6,205,472 | $1,394,528 | $— | $188,042 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2025 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2024 | +16.0% | +16.0% | ~100% | 2.0300% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 1.8400% | Verified |
| 2022 | +17.0% | +17.0% | ~100% | 2.0200% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +9.7% | +14.4% | +25.9% | 2025 | -5.2% | 2026 |
| Assessment Ratio | 100.0% | 44.0% | — | 100.0% | 2025 | 14.1% | 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 |
$257,978 | $217,343 | ~$313,555 | $257,978 | 2025 | $188,042 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,101,453 | ~$13,707,760 | ~2.0085% | ~$275,319 | +13.2% |
| 2027 | ~$15,957,098 | ~$15,078,536 | ~1.9468% | ~$293,547 | +28.1% |
| 2028 | ~$18,056,932 | ~$16,586,390 | ~1.8851% | ~$312,668 | +44.9% |
| 2029 | ~$20,433,089 | ~$18,245,029 | ~1.8234% | ~$332,678 | +64.0% |
| 2030 | ~$23,121,930 | ~$20,069,531 | ~1.7617% | ~$353,563 | +85.5% |
| 2026 | ~$13,852,221 | ~$13,707,760 | ~2.0702% | ~$283,776 | +11.2% |
| 2027 | ~$15,398,025 | ~$15,078,536 | ~2.0702% | ~$312,154 | +23.6% |
| 2028 | ~$17,116,328 | ~$16,586,390 | ~2.0702% | ~$343,369 | +37.4% |
| 2029 | ~$19,026,382 | ~$18,245,029 | ~2.0702% | ~$377,706 | +52.7% |
| 2030 | ~$21,149,583 | ~$20,069,531 | ~2.0702% | ~$415,476 | +69.7% |
| 2026 | ~$14,350,685 | ~$13,707,760 | ~1.9776% | ~$271,090 | +15.2% |
| 2027 | ~$16,526,141 | ~$15,078,536 | ~1.8851% | ~$284,244 | +32.6% |
| 2028 | ~$19,031,380 | ~$16,586,390 | ~1.7925% | ~$297,318 | +52.7% |
| 2029 | ~$21,916,394 | ~$18,245,029 | ~1.7000% | ~$310,164 | +75.9% |
| 2030 | ~$25,238,754 | ~$20,069,531 | ~1.6074% | ~$322,607 | +102.5% |
In 2025, this property's market value of $12,461,600 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,461,600 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,450,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,600,000 | $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.