2170 WOODWARD ST TX 78744
| Owner | AGELLAN COMMERCIAL REIT U S LP |
|---|---|
| Parcel ID | 0313010109 |
| Short ID | 291761 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 72,000 SF |
| Land SF | 274,428 SF |
| Acres | 6.300 |
| Year Built | 1983 |
| Legal | LOT B CROW INDUSTRIAL PARK SOUTH SEC 7 |
| Neighborhood | 66SEA |
| Land | $1,920,996 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,920,996 |
| Improvement | $14,429,004 |
|---|---|
| Total Improvement | $14,429,004 |
| Market | $16,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,350,000 |
| Taxable Value | $16,350,000 |
|---|
Appreciation: Market value has risen +37.7% from $11,875,000 (2021) to $16,350,000 (2025), a CAGR of 8.3% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $334,600. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 12% of market value ($1,920,996 land vs $14,429,004 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,350,000, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,385,010 by 2030, with an estimated annual tax burden around $459,351. 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 | 85,504 SF | ✗ |
| 1ST | 1st Floor | 72,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 72,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 67,412 SF | ✓ |
| 501 | CANOPY | 4,780 SF | ✗ |
| 327 | STORAGE COMM'L | 384 SF | ✓ |
| 408 | LOADING RAMP | 252 SF | ✓ |
| 407 | LOADING DOCK | 192 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $151,270.20 | $151,270.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $85,676.78 | $85,676.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $61,450.66 | $61,450.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,296.76 | $19,296.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,905.90 | $16,905.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $334,600.30 | $334,600.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,461,312 | $16,350,000 | -11.6% |
| Assessed Value | $14,461,312 | $16,350,000 | -11.6% |
| Land Value | $1,920,996 | $1,920,996 | +0.0% |
| Improvement Value | $12,540,316 | $14,429,004 | -13.1% |
| Taxable Value | $14,461,312 | $16,350,000 | -11.6% |
| Total Tax 2026 = estimate |
~$295,949
Estimated
|
~$334,600
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $17,885,065 | $14,461,312 | -3,423,753 (-19.1%) |
| Taxable Value | $17,885,065 | $14,461,312 | -3,423,753 (-19.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,461,312 | $1,920,996 | $12,540,316 | — | $14,461,312 | $14,461,312 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,350,000 | $1,920,996 | $14,429,004 | — | $16,350,000 | $16,350,000 | ~$334,600 | Partial |
| 2024 | $16,061,247 | — | — | −$14,140,251 | $1,920,996 | $— | $369,757 | Verified |
| 2023 | $15,500,000 | — | — | −$13,579,004 | $1,920,996 | $— | $290,588 | Verified |
| 2022 | $13,828,483 | — | — | −$11,907,487 | $1,920,996 | $— | $307,196 | Verified |
| 2021 | $11,875,000 | — | — | −$9,954,004 | $1,920,996 | $— | $301,002 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2025 | -12.4% | -12.4% | ~100% | Not available | Partial |
| 2024 | +16.2% | +16.2% | ~100% | 1.9800% | Verified |
| 2023 | -3.2% | -3.2% | ~100% | 1.8100% | Verified |
| 2022 | +20.0% | +20.0% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.6% | +4.5% | +11.2% | +16.5% | 2022 | -11.6% | 2026 |
| Assessment Ratio | 100.0% | 42.4% | — | 100.0% | 2025 | 12.0% | 2024 |
| 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 |
$334,600 | $320,629 | ~$406,510 | $369,757 | 2024 | $290,588 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$17,710,825 | ~$17,710,825 | ~2.0139% | ~$356,685 | +8.3% |
| 2027 | ~$19,184,913 | ~$19,184,913 | ~1.9814% | ~$380,128 | +17.3% |
| 2028 | ~$20,781,690 | ~$20,781,690 | ~1.9488% | ~$405,002 | +27.1% |
| 2029 | ~$22,511,368 | ~$22,511,368 | ~1.9163% | ~$431,383 | +37.7% |
| 2030 | ~$24,385,010 | ~$24,385,010 | ~1.8837% | ~$459,351 | +49.1% |
| 2026 | ~$17,383,825 | ~$17,383,825 | ~2.0465% | ~$355,757 | +6.3% |
| 2027 | ~$18,483,020 | ~$18,483,020 | ~2.0465% | ~$378,252 | +13.0% |
| 2028 | ~$19,651,717 | ~$19,651,717 | ~2.0465% | ~$402,169 | +20.2% |
| 2029 | ~$20,894,313 | ~$20,894,313 | ~2.0465% | ~$427,599 | +27.8% |
| 2030 | ~$22,215,479 | ~$22,215,479 | ~2.0465% | ~$454,636 | +35.9% |
| 2026 | ~$18,037,825 | ~$17,985,000 | ~1.9977% | ~$359,280 | +10.3% |
| 2027 | ~$19,899,886 | ~$19,783,500 | ~1.9488% | ~$385,549 | +21.7% |
| 2028 | ~$21,954,168 | ~$21,761,850 | ~1.9000% | ~$413,479 | +34.3% |
| 2029 | ~$24,220,517 | ~$23,938,035 | ~1.8512% | ~$443,139 | +48.1% |
| 2030 | ~$26,720,822 | ~$26,331,839 | ~1.8024% | ~$474,597 | +63.4% |
In 2025, this property's market value of $16,350,000 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 | $16,350,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,061,247 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,828,483 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,875,000 | $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.