4101 SOUTH INDUSTRIAL DR TX 78744
| Owner | BRE JUPITER C ICON TX OWNER LP |
|---|---|
| Parcel ID | 0314030204 |
| Short ID | 291813 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 68,430 SF |
| Land SF | 141,450 SF |
| Acres | 3.247 |
| Year Built | 1994 |
| Legal | LOT 19-20 BEN WHITE BUSINESS PARK SEC 2 PHS 2 |
| Neighborhood | 60SEA |
| Land | $990,150 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $990,150 |
| Improvement | $9,709,850 |
|---|---|
| Total Improvement | $9,709,850 |
| Market | $10,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,700,000 |
| Taxable Value | $10,700,000 |
|---|
Appreciation: Market value has risen +34.9% from $7,930,209 (2021) to $10,700,000 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 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 $218,974. 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 9% of market value ($990,150 land vs $9,709,850 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~32 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,700,000, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,559,932 by 2030, with an estimated annual tax burden around $293,109. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 68,430 SF | ✓ |
| 491 | SPRINKLER HEADS | 68,430 SF | ✗ |
| 551 | PAVED AREA | 48,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 3,999 SF | ✓ |
| 093 | HVAC COMMRCL SF | 3,778 SF | ✗ |
| 501 | CANOPY | 794 SF | ✗ |
| 408 | LOADING RAMP | 720 SF | ✓ |
| 435 | FENCE IRON LF | 300 SF | ✗ |
| 413 | STAIRWAY EXT | 3 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% | $89,096.76 | $89,096.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $50,462.84 | $50,462.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,193.87 | $36,193.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,365.61 | $11,365.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,957.42 | $9,957.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $197,076.50 | $197,076.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,900,000 | $10,700,000 | -7.5% |
| Assessed Value | $9,900,000 | $10,700,000 | -7.5% |
| Land Value | $990,150 | $990,150 | +0.0% |
| Improvement Value | $8,909,850 | $9,709,850 | -8.2% |
| Taxable Value | $9,900,000 | $10,700,000 | -7.5% |
| Total Tax 2026 = estimate |
~$202,602
Estimated
|
~$197,076
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,900,000 | $9,900,000 | +0 (+0.0%) |
| Taxable Value | $9,900,000 | $9,900,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,900,000 | $990,150 | $8,909,850 | — | $9,900,000 | $9,900,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,700,000 | $990,150 | $9,709,850 | — | $10,700,000 | $10,700,000 | ~$197,076 | Partial |
| 2024 | $10,685,985 | — | — | −$9,695,835 | $990,150 | $— | $196,294 | Verified |
| 2023 | $8,930,000 | — | — | −$7,939,850 | $990,150 | $— | $176,421 | Verified |
| 2022 | $8,668,278 | — | — | −$7,678,128 | $990,150 | $— | $177,635 | Verified |
| 2021 | $7,930,209 | — | — | −$6,940,059 | $990,150 | $— | $180,014 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8400% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.6500% | Verified |
| 2022 | +17.9% | +17.9% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.5% | +4.9% | +9.5% | +19.7% | 2024 | -7.5% | 2026 |
| Assessment Ratio | 100.0% | 40.7% | — | 100.0% | 2025 | 9.3% | 2024 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$197,076 | $185,488 | ~$261,868 | $197,076 | 2025 | $176,421 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,532,104 | ~$11,532,104 | ~2.0139% | ~$232,249 | +7.8% |
| 2027 | ~$12,428,919 | ~$12,428,919 | ~1.9814% | ~$246,265 | +16.2% |
| 2028 | ~$13,395,476 | ~$13,395,476 | ~1.9488% | ~$261,056 | +25.2% |
| 2029 | ~$14,437,198 | ~$14,437,198 | ~1.9163% | ~$276,659 | +34.9% |
| 2030 | ~$15,559,932 | ~$15,559,932 | ~1.8837% | ~$293,109 | +45.4% |
| 2026 | ~$11,318,104 | ~$11,318,104 | ~2.0465% | ~$231,623 | +5.8% |
| 2027 | ~$11,971,915 | ~$11,971,915 | ~2.0465% | ~$245,003 | +11.9% |
| 2028 | ~$12,663,493 | ~$12,663,493 | ~2.0465% | ~$259,156 | +18.4% |
| 2029 | ~$13,395,022 | ~$13,395,022 | ~2.0465% | ~$274,127 | +25.2% |
| 2030 | ~$14,168,809 | ~$14,168,809 | ~2.0465% | ~$289,963 | +32.4% |
| 2026 | ~$11,746,104 | ~$11,746,104 | ~1.9977% | ~$234,647 | +9.8% |
| 2027 | ~$12,894,483 | ~$12,894,483 | ~1.9488% | ~$251,293 | +20.5% |
| 2028 | ~$14,155,135 | ~$14,155,135 | ~1.9000% | ~$268,950 | +32.3% |
| 2029 | ~$15,539,037 | ~$15,539,037 | ~1.8512% | ~$287,658 | +45.2% |
| 2030 | ~$17,058,238 | ~$17,058,238 | ~1.8024% | ~$307,453 | +59.4% |
In 2025, this property's market value of $10,700,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $10,700,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,685,985 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,930,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,668,278 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,930,209 | $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.