3910 SOUTH INDUSTRIAL DR TX 78744
| Owner | SL PROJECT TEXAS 2 LP |
|---|---|
| Parcel ID | 0314030302 |
| Short ID | 291816 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 90,446 SF |
| Land SF | 182,632 SF |
| Acres | 4.193 |
| Year Built | 1985 |
| Legal | LOT 5 AMENDED LOTS 4-6 BEN WHITE BUSINESS PARK SEC 2 PHS 1 |
| Neighborhood | 60SEA |
| Land | $1,278,424 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,278,424 |
| Improvement | $11,201,576 |
|---|---|
| Total Improvement | $11,201,576 |
| Market | $12,480,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,480,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,480,000 |
| Taxable Value | $12,480,000 |
|---|
Appreciation: Market value has risen +45.4% from $8,583,077 (2021) to $12,480,000 (2025), a CAGR of 9.8% 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 $255,401. 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 10% of market value ($1,278,424 land vs $11,201,576 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,480,000, 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,926,410 by 2030, with an estimated annual tax burden around $375,362. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 90,446 SF | ✓ |
| 491 | SPRINKLER HEADS | 90,446 SF | ✗ |
| 551 | PAVED AREA | 71,900 SF | ✗ |
| 881 | COMMCL FINISHOUT | 20,173 SF | ✓ |
| 093 | HVAC COMMRCL SF | 11,010 SF | ✗ |
| 501 | CANOPY | 868 SF | ✗ |
| 541 | FENCE COMM LF | 180 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% | $109,636.20 | $109,636.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $62,096.01 | $62,096.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $44,537.63 | $44,537.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,985.73 | $13,985.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,252.90 | $12,252.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $242,508.47 | $242,508.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,356,130 | $12,480,000 | +7.0% |
| Assessed Value | $13,356,130 | $12,480,000 | +7.0% |
| Land Value | $1,278,424 | $1,278,424 | +0.0% |
| Improvement Value | $12,077,706 | $11,201,576 | +7.8% |
| Taxable Value | $13,356,130 | $12,480,000 | +7.0% |
| Total Tax 2026 = estimate |
~$273,331
Estimated
|
~$242,508
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,356,130 | $13,356,130 | +0 (+0.0%) |
| Taxable Value | $13,356,130 | $13,356,130 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,356,130 | $1,278,424 | $12,077,706 | — | $13,356,130 | $13,356,130 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,480,000 | $1,278,424 | $11,201,576 | — | $12,480,000 | $12,480,000 | ~$242,508 | Partial |
| 2024 | $11,200,000 | — | — | −$9,921,576 | $1,278,424 | $— | $245,067 | Verified |
| 2023 | $11,600,000 | — | — | −$10,321,576 | $1,278,424 | $— | $203,369 | Verified |
| 2022 | $9,792,588 | — | — | −$8,514,164 | $1,278,424 | $— | $212,205 | Verified |
| 2021 | $8,583,077 | — | — | −$7,304,653 | $1,278,424 | $— | $202,320 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.0% | +7.0% | ~100% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | +3.5% | +3.5% | ~100% | 1.9800% | Verified |
| 2023 | +3.0% | +3.0% | ~100% | 1.7000% | Verified |
| 2022 | +18.5% | +18.5% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.0% | +9.5% | +8.4% | +18.5% | 2023 | -3.4% | 2024 |
| Assessment Ratio | 100.0% | 41.7% | — | 100.0% | 2025 | 11.0% | 2023 |
| 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 |
$242,508 | $221,094 | ~$323,863 | $245,067 | 2024 | $202,320 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,704,320 | ~$13,704,320 | ~2.0139% | ~$275,996 | +9.8% |
| 2027 | ~$15,048,748 | ~$15,048,748 | ~1.9814% | ~$298,174 | +20.6% |
| 2028 | ~$16,525,068 | ~$16,525,068 | ~1.9488% | ~$322,047 | +32.4% |
| 2029 | ~$18,146,220 | ~$18,146,220 | ~1.9163% | ~$347,734 | +45.4% |
| 2030 | ~$19,926,410 | ~$19,926,410 | ~1.8837% | ~$375,362 | +59.7% |
| 2026 | ~$13,454,720 | ~$13,454,720 | ~2.0465% | ~$275,349 | +7.8% |
| 2027 | ~$14,505,567 | ~$14,505,567 | ~2.0465% | ~$296,854 | +16.2% |
| 2028 | ~$15,638,489 | ~$15,638,489 | ~2.0465% | ~$320,039 | +25.3% |
| 2029 | ~$16,859,895 | ~$16,859,895 | ~2.0465% | ~$345,035 | +35.1% |
| 2030 | ~$18,176,695 | ~$18,176,695 | ~2.0465% | ~$371,983 | +45.6% |
| 2026 | ~$13,953,920 | ~$13,728,000 | ~1.9977% | ~$274,239 | +11.8% |
| 2027 | ~$15,601,913 | ~$15,100,800 | ~1.9488% | ~$294,290 | +25.0% |
| 2028 | ~$17,444,538 | ~$16,610,880 | ~1.9000% | ~$315,610 | +39.8% |
| 2029 | ~$19,504,783 | ~$18,271,968 | ~1.8512% | ~$338,250 | +56.3% |
| 2030 | ~$21,808,347 | ~$20,099,165 | ~1.8024% | ~$362,262 | +74.7% |
In 2025, this property's market value of $12,480,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,480,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,792,588 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,583,077 | $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.