1555 E STATE HY 71 TX 78742
| Owner | RICHARDS REAL PROPERTY LEASING |
|---|---|
| Parcel ID | 0310260128 |
| Short ID | 507802 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,764 SF |
| Land SF | 27,369 SF |
| Acres | 0.628 |
| Year Built | 1983 |
| Legal | LOT 2 BRANDT DRIVE SUBD |
| Neighborhood | 33SEA |
| Land | $328,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $328,425 |
| Improvement | $403,913 |
|---|---|
| Total Improvement | $403,913 |
| Market | $732,338 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $732,338 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $732,338 |
| Taxable Value | $732,338 |
|---|
Appreciation: Market value has fallen -47.4% from $1,393,103 (2021) to $732,338 (2025), a CAGR of -14.9% 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $15,161. 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 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 45% of market value ($328,425 land vs $403,913 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $732,338, 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 -14.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $327,810 by 2030, with an estimated annual tax burden around $5,775. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,445 SF | ✗ |
| 1ST | 1st Floor | 3,764 SF | ✓ |
| 611 | TERRACE | 824 SF | ✗ |
| 581C | STORAGE ATT COMM | 161 SF | ✓ |
| 501 | CANOPY | 156 SF | ✗ |
| 571C | STORAGE DET COMM | 140 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% | $6,949.16 | $6,949.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,837.58 | $3,837.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,752.46 | $2,752.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $864.33 | $864.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $757.24 | $757.24 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $15,160.77 | $15,160.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $732,338 | $732,338 | +0.0% |
| Assessed Value | $732,338 | $732,338 | +0.0% |
| Land Value | $328,425 | $328,425 | +0.0% |
| Improvement Value | $403,913 | $403,913 | +0.0% |
| Taxable Value | $732,338 | $732,338 | +0.0% |
| Total Tax 2026 = estimate |
~$15,161
Estimated
|
~$15,161
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $732,338 | $732,338 | +0 (+0.0%) |
| Taxable Value | $732,338 | $732,338 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $732,338 | $328,425 | $403,913 | — | $732,338 | $732,338 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $732,338 | $328,425 | $403,913 | — | $732,338 | $732,338 | ~$15,161 | Partial |
| 2024 | $780,000 | — | — | −$451,575 | $328,425 | $— | $15,019 | Verified |
| 2023 | $780,615 | — | — | −$452,190 | $328,425 | $— | $15,230 | Verified |
| 2022 | $976,143 | — | — | −$647,718 | $328,425 | $— | $16,884 | Verified |
| 2021 | $1,393,103 | — | — | −$1,064,678 | $328,425 | $— | $22,617 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | -41.8% | -41.8% | ~100% | 2.0300% | Verified |
| 2023 | +23.7% | +23.7% | ~100% | 1.2000% | Verified |
| 2022 | +5.3% | +5.3% | ~100% | 1.6400% | Verified |
| 2021 | base year | — | ~100% | 1.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -11.2% | -14.9% | +0.0% | 2026 | -29.9% | 2022 |
| Assessment Ratio | 100.0% | 56.9% | — | 100.0% | 2025 | 23.6% | 2021 |
| 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 |
$15,161 | $16,982 | ~$8,836 | $22,617 | 2021 | $15,019 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$623,582 | ~$623,582 | ~2.0085% | ~$12,525 | -14.9% |
| 2027 | ~$530,977 | ~$530,977 | ~1.9468% | ~$10,337 | -27.5% |
| 2028 | ~$452,124 | ~$452,124 | ~1.8851% | ~$8,523 | -38.3% |
| 2029 | ~$384,982 | ~$384,982 | ~1.8234% | ~$7,020 | -47.4% |
| 2030 | ~$327,810 | ~$327,810 | ~1.7617% | ~$5,775 | -55.2% |
| 2026 | ~$695,721 | ~$695,721 | ~2.0702% | ~$14,403 | -5.0% |
| 2027 | ~$660,935 | ~$660,935 | ~2.0702% | ~$13,683 | -9.8% |
| 2028 | ~$627,888 | ~$627,888 | ~2.0702% | ~$12,998 | -14.3% |
| 2029 | ~$596,494 | ~$596,494 | ~2.0702% | ~$12,349 | -18.5% |
| 2030 | ~$566,669 | ~$566,669 | ~2.0702% | ~$11,731 | -22.6% |
| 2026 | ~$638,229 | ~$638,229 | ~1.9776% | ~$12,622 | -12.9% |
| 2027 | ~$556,213 | ~$556,213 | ~1.8851% | ~$10,485 | -24.0% |
| 2028 | ~$484,737 | ~$484,737 | ~1.7925% | ~$8,689 | -33.8% |
| 2029 | ~$422,446 | ~$422,446 | ~1.7000% | ~$7,182 | -42.3% |
| 2030 | ~$368,159 | ~$368,159 | ~1.6074% | ~$5,918 | -49.7% |
In 2025, this property's market value of $732,338 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -48% 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 | $732,338 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $780,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $780,615 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $976,143 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,393,103 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.