4502 S U S HY 183 TX 78744
| Owner | OVISI KAMMY |
|---|---|
| Parcel ID | 0324200223 |
| Short ID | 296259 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 1,148 SF |
| Land SF | 103,368 SF |
| Acres | 2.373 |
| Year Built | 1984 |
| Legal | LOT 42 LESS NW 18.9 FT TRI & E 294.4 FT OF LT 41 & LOT 43 BLUE BONNET GARDENS |
| Neighborhood | 1SE2 |
| Land | $578,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $578,860 |
| Improvement | $82,041 |
|---|---|
| Total Improvement | $82,041 |
| Market | $660,901 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $660,901 |
| Value Limitation Adjustment (−) (homestead cap) | −$96,212 |
| Net Appraised (assessed) | $564,689 |
| Taxable Value | $564,689 |
|---|
Appreciation: Market value has risen +203.1% from $218,030 (2021) to $660,901 (2025), a CAGR of 31.9% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,690. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Assessment Gap: Assessed value ($564,689) is $96,212 below market value, suggesting potential for an upward assessment in future years.
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 88% of market value ($578,860 land vs $82,041 improvements), about $6/SF of land. With value concentrated in the land under a ~42-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $660,901, this parcel sits in the lower-middle (25th–50th 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 +31.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,643,392 by 2030, with an estimated annual tax burden around $16,021. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,148 SF | ✓ |
| 511 | DECK | 988 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 504 SF | ✗ |
| 581C | STORAGE ATT COMM | 280 SF | ✓ |
| 121 | WATER/SEWER INF | 1 SF | ✓ |
Market value changed by 80% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $5,358.33 | $5,358.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,959.07 | $2,959.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,122.36 | $2,122.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $666.46 | $666.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $583.89 | $583.89 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $11,690.11 | $11,690.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $801,016 | $660,901 | +21.2% |
| Assessed Value | $677,627 | $564,689 | +20.0% |
| Land Value | $723,575 | $578,860 | +25.0% |
| Improvement Value | $77,441 | $82,041 | -5.6% |
| Taxable Value | $677,627 | $564,689 | +20.0% |
| HS Cap Loss | -$123,389 | — | |
| Total Tax 2026 = estimate |
~$14,028
Estimated
|
~$11,690
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $801,016 | $801,016 | +0 (+0.0%) |
| Taxable Value | $677,627 | $677,627 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $801,016 | $723,575 | $77,441 | −$123,389 | $677,627 | $677,627 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $660,901 | $578,860 | $82,041 | −$96,212 | $564,689 | $564,689 | ~$11,690 | Partial |
| 2024 | $392,145 | — | — | — | $578,860 ! | $— | $9,544 | Verified |
| 2023 | $392,145 | — | — | −$82,041 | $310,104 | $— | $7,657 | Verified |
| 2022 | $218,464 | — | — | — | $310,104 ! | $— | $8,482 | Verified |
| 2021 | $218,030 | — | — | −$11,294 | $206,736 | $— | $5,062 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.2% | +20.0% | 84.6% | Not available | Partial |
| 2025 | -18.0% | +20.0% | 85.4% | Not available | Partial |
| 2024 | +105.4% ! | +20.0% | 58.4% | 1.1800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.9500% | Verified |
| 2022 | +79.5% ! | +79.5% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +202.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.2% | +33.9% | +27.3% | +79.5% | 2023 | +0.0% | 2024 |
| Assessment Ratio | 84.6% | 105.6% | — | 147.6% | 2024 | 79.1% | 2023 |
| Effective Tax Rate (2025) | 1.7700% | 1.7700% | — | 1.7700% | 2025 | 1.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,690 | $8,487 | ~$14,208 | $11,690 | 2025 | $5,062 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$872,050 | ~$621,158 | ~2.0085% | ~$12,476 | +31.9% |
| 2027 | ~$1,150,659 | ~$683,274 | ~1.9468% | ~$13,302 | +74.1% |
| 2028 | ~$1,518,279 | ~$751,601 | ~1.8851% | ~$14,168 | +129.7% |
| 2029 | ~$2,003,349 | ~$826,761 | ~1.8234% | ~$15,075 | +203.1% |
| 2030 | ~$2,643,392 | ~$909,437 | ~1.7617% | ~$16,021 | +300.0% |
| 2026 | ~$858,832 | ~$621,158 | ~2.0702% | ~$12,859 | +29.9% |
| 2027 | ~$1,116,041 | ~$683,274 | ~2.0702% | ~$14,145 | +68.9% |
| 2028 | ~$1,450,280 | ~$751,601 | ~2.0702% | ~$15,560 | +119.4% |
| 2029 | ~$1,884,620 | ~$826,761 | ~2.0702% | ~$17,115 | +185.2% |
| 2030 | ~$2,449,039 | ~$909,437 | ~2.0702% | ~$18,827 | +270.6% |
| 2026 | ~$885,268 | ~$621,158 | ~1.9776% | ~$12,284 | +33.9% |
| 2027 | ~$1,185,805 | ~$683,274 | ~1.8851% | ~$12,880 | +79.4% |
| 2028 | ~$1,588,370 | ~$751,601 | ~1.7925% | ~$13,473 | +140.3% |
| 2029 | ~$2,127,601 | ~$826,761 | ~1.7000% | ~$14,055 | +221.9% |
| 2030 | ~$2,849,893 | ~$909,437 | ~1.6074% | ~$14,619 | +331.2% |
In 2025, this property's market value of $660,901 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -53% below 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 | $660,901 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $392,145 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $392,145 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $218,464 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $218,030 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.