4120 FREIDRICH LN 400 TX 78744
| Owner | AGELLAN COMMERCIAL REIT U S LP |
|---|---|
| Parcel ID | 0313010204 |
| Short ID | 291764 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 71,550 SF |
| Land SF | 281,920 SF |
| Acres | 6.472 |
| Year Built | 1983 |
| Legal | LOT 11 CROW INDUSTRIAL PARK SOUTH SEC 6 |
| Neighborhood | 66SEA |
| Land | $3,383,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,383,040 |
| Improvement | $13,397,912 |
|---|---|
| Total Improvement | $13,397,912 |
| Market | $16,780,952 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,780,952 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,780,952 |
| Taxable Value | $16,780,952 |
|---|
Appreciation: Market value has risen +56.8% from $10,700,138 (2021) to $16,780,952 (2025), a CAGR of 11.9% 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 $343,420. 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 20% of market value ($3,383,040 land vs $13,397,912 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 $16,780,952, 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 +11.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $29,451,039 by 2030, with an estimated annual tax burden around $509,098. 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 | 109,900 SF | ✗ |
| 1ST | 1st Floor | 71,550 SF | ✓ |
| 881 | COMMCL FINISHOUT | 59,037 SF | ✓ |
| 093 | HVAC COMMRCL SF | 14,457 SF | ✗ |
| 501 | CANOPY | 4,625 SF | ✗ |
| 408 | LOADING RAMP | 1,203 SF | ✓ |
| 482 | LIGHT POLES | 2 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% | $155,257.37 | $155,257.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $87,935.04 | $87,935.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,070.37 | $63,070.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,805.38 | $19,805.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,351.50 | $17,351.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $343,419.66 | $343,419.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,394,226 | $16,780,952 | -8.3% |
| Assessed Value | $15,394,226 | $16,780,952 | -8.3% |
| Land Value | $3,383,040 | $3,383,040 | +0.0% |
| Improvement Value | $12,011,186 | $13,397,912 | -10.4% |
| Taxable Value | $15,394,226 | $16,780,952 | -8.3% |
| Total Tax 2026 = estimate |
~$315,041
Estimated
|
~$343,420
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,394,226 | $15,394,226 | +0 (+0.0%) |
| Taxable Value | $15,394,226 | $15,394,226 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,394,226 | $3,383,040 | $12,011,186 | — | $15,394,226 | $15,394,226 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,780,952 | $3,383,040 | $13,397,912 | — | $16,780,952 | $16,780,952 | ~$343,420 | Partial |
| 2024 | $15,684,110 | — | — | −$12,301,070 | $3,383,040 | $— | $287,139 | Verified |
| 2023 | $12,710,294 | — | — | −$9,327,254 | $3,383,040 | $— | $283,764 | Verified |
| 2022 | $13,934,111 | — | — | −$10,551,071 | $3,383,040 | $— | $251,019 | Verified |
| 2021 | $10,700,138 | — | — | −$8,726,698 | $1,973,440 | $— | $267,372 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2025 | +15.8% | +15.8% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.9800% | Verified |
| 2023 | +23.4% | +23.4% | ~100% | 1.8100% | Verified |
| 2022 | -8.8% | -8.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.3% | +8.7% | +13.9% | +30.2% | 2022 | -8.8% | 2023 |
| Assessment Ratio | 100.0% | 48.5% | — | 100.0% | 2025 | 18.4% | 2021 |
| 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 |
$343,420 | $286,543 | ~$437,853 | $343,420 | 2025 | $251,019 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$18,779,041 | ~$18,459,047 | ~2.0139% | ~$371,753 | +11.9% |
| 2027 | ~$21,015,039 | ~$20,304,952 | ~1.9814% | ~$402,320 | +25.2% |
| 2028 | ~$23,517,276 | ~$22,335,447 | ~1.9488% | ~$435,282 | +40.1% |
| 2029 | ~$26,317,450 | ~$24,568,992 | ~1.9163% | ~$470,813 | +56.8% |
| 2030 | ~$29,451,039 | ~$27,025,891 | ~1.8837% | ~$509,098 | +75.5% |
| 2026 | ~$18,443,421 | ~$18,443,421 | ~2.0465% | ~$377,442 | +9.9% |
| 2027 | ~$20,270,590 | ~$20,270,590 | ~2.0465% | ~$414,835 | +20.8% |
| 2028 | ~$22,278,774 | ~$22,278,774 | ~2.0465% | ~$455,932 | +32.8% |
| 2029 | ~$24,485,906 | ~$24,485,906 | ~2.0465% | ~$501,100 | +45.9% |
| 2030 | ~$26,911,696 | ~$26,911,696 | ~2.0465% | ~$550,744 | +60.4% |
| 2026 | ~$19,114,660 | ~$18,459,047 | ~1.9977% | ~$368,749 | +13.9% |
| 2027 | ~$21,772,913 | ~$20,304,952 | ~1.9488% | ~$395,711 | +29.7% |
| 2028 | ~$24,800,847 | ~$22,335,447 | ~1.9000% | ~$424,377 | +47.8% |
| 2029 | ~$28,249,872 | ~$24,568,992 | ~1.8512% | ~$454,820 | +68.3% |
| 2030 | ~$32,178,549 | ~$27,025,891 | ~1.8024% | ~$487,107 | +91.8% |
In 2025, this property's market value of $16,780,952 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 | $16,780,952 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,684,110 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,710,294 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,934,111 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,700,138 | $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.