1821 DIRECTORS BLVD TX 78744
| Owner | BOYD AUSTIN V LLC |
|---|---|
| Parcel ID | 0313010303 |
| Short ID | 291767 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 213,296 SF |
| Land SF | 367,516 SF |
| Acres | 8.437 |
| Year Built | 1985 |
| Legal | LOT 1 CROW INDUSTRIAL PARK SOUTH SEC 8 AMENDED PLAT OF LTS B,C&D |
| Neighborhood | 51SEA |
| Land | $5,512,740 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,512,740 |
| Improvement | $29,672,686 |
|---|---|
| Total Improvement | $29,672,686 |
| Market | $35,185,426 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $35,185,426 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $35,185,426 |
| Taxable Value | $35,185,426 |
|---|
Appreciation: Market value has fallen -33.6% from $53,025,500 (2021) to $35,185,426 (2025), a CAGR of -9.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $720,064. 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 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 16% of market value ($5,512,740 land vs $29,672,686 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $35,185,426, 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 -9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $21,072,224 by 2030, with an estimated annual tax burden around $396,946. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 213,296 SF | ✗ |
| SO | Sketch Only | 132,268 SF | ✗ |
| 551 | PAVED AREA | 130,040 SF | ✗ |
| 1ST | 1st Floor | 125,132 SF | ✓ |
| 2ND | 2nd Floor | 88,164 SF | ✓ |
| 501 | CANOPY | 7,136 SF | ✗ |
| 611 | TERRACE | 1,152 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% | $307,934.32 | $307,934.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $174,408.58 | $174,408.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $125,092.49 | $125,092.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $39,281.60 | $39,281.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $34,414.62 | $34,414.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $681,131.61 | $681,131.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $37,032,611 | $35,185,426 | +5.2% |
| Assessed Value | $37,032,611 | $35,185,426 | +5.2% |
| Land Value | $5,512,740 | $5,512,740 | +0.0% |
| Improvement Value | $31,519,871 | $29,672,686 | +6.2% |
| Taxable Value | $37,032,611 | $35,185,426 | +5.2% |
| Total Tax 2026 = estimate |
~$757,867
Estimated
|
~$681,132
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $37,032,611 | $37,032,611 | +0 (+0.0%) |
| Taxable Value | $37,032,611 | $37,032,611 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $37,032,611 | $5,512,740 | $31,519,871 | — | $37,032,611 | $37,032,611 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $35,185,426 | $5,512,740 | $29,672,686 | — | $35,185,426 | $35,185,426 | ~$681,132 | Partial |
| 2024 | $47,150,000 | — | — | −$41,637,260 | $5,512,740 | $— | $737,391 | Verified |
| 2023 | $51,000,000 | — | — | −$47,324,840 | $3,675,160 | $— | $855,749 | Verified |
| 2022 | $— | — | — | — | $3,675,160 | $— | $1,008,903 | Verified |
| 2021 | $53,025,500 | — | — | −$49,350,340 | $3,675,160 | $— | $1,068,299 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.2% | +5.2% | ~100% | Not available | Partial |
| 2025 | -11.7% | -11.7% | ~100% | Not available | Partial |
| 2024 | -20.1% | -20.1% | ~100% | 1.8500% | Verified |
| 2023 | -5.4% | -5.4% | ~100% | 1.7200% | Verified |
| 2022 | +4.1% | +4.1% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.2% | -7.9% | -10.6% | +5.2% | 2026 | -25.4% | 2025 |
| Assessment Ratio | 100.0% | 45.2% | — | 100.0% | 2025 | 6.9% | 2021 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$681,132 | $835,643 | ~$511,189 | $1,068,299 | 2021 | $681,132 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,756,478 | ~$31,756,478 | ~2.0139% | ~$639,555 | -9.7% |
| 2027 | ~$28,661,693 | ~$28,661,693 | ~1.9814% | ~$567,899 | -18.5% |
| 2028 | ~$25,868,506 | ~$25,868,506 | ~1.9488% | ~$504,136 | -26.5% |
| 2029 | ~$23,347,525 | ~$23,347,525 | ~1.9163% | ~$447,407 | -33.6% |
| 2030 | ~$21,072,224 | ~$21,072,224 | ~1.8837% | ~$396,946 | -40.1% |
| 2026 | ~$33,426,155 | ~$33,426,155 | ~2.0465% | ~$684,061 | -5.0% |
| 2027 | ~$31,754,847 | ~$31,754,847 | ~2.0465% | ~$649,858 | -9.7% |
| 2028 | ~$30,167,105 | ~$30,167,105 | ~2.0465% | ~$617,365 | -14.3% |
| 2029 | ~$28,658,749 | ~$28,658,749 | ~2.0465% | ~$586,497 | -18.5% |
| 2030 | ~$27,225,812 | ~$27,225,812 | ~2.0465% | ~$557,172 | -22.6% |
| 2026 | ~$32,460,186 | ~$32,460,186 | ~1.9977% | ~$648,445 | -7.7% |
| 2027 | ~$29,946,026 | ~$29,946,026 | ~1.9488% | ~$583,600 | -14.9% |
| 2028 | ~$27,626,597 | ~$27,626,597 | ~1.9000% | ~$524,910 | -21.5% |
| 2029 | ~$25,486,816 | ~$25,486,816 | ~1.8512% | ~$471,810 | -27.6% |
| 2030 | ~$23,512,769 | ~$23,512,769 | ~1.8024% | ~$423,787 | -33.2% |
In 2025, this property's market value of $35,185,426 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 25× 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 | $35,185,426 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $47,150,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $51,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $53,025,500 | $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.