8233 INDUSTRY WAY TX 78744
| Owner | LIT INDUSTRIAL LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0326200201 |
| Short ID | 914349 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 126,000 SF |
| Land SF | 492,446 SF |
| Acres | 11.305 |
| Year Built | 2019 |
| Legal | LOT 2 BLK C PARK 183 PHS 2 RESUB OF PT OF LOT 1 SUNDBERG ESTATES |
| Neighborhood | 60SEA |
| Land | $1,477,337 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,477,337 |
| Improvement | $15,272,663 |
|---|---|
| Total Improvement | $15,272,663 |
| Market | $16,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,750,000 |
| Taxable Value | $16,750,000 |
|---|
Appreciation: Market value has risen +128.4% from $7,335,175 (2021) to $16,750,000 (2025), a CAGR of 22.9% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $346,756. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Land / Vacant. 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 ($1,477,337 land vs $15,272,663 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,750,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +22.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $47,018,658 by 2030, with an estimated annual tax burden around $475,235. 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 | 126,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 126,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 15,000 SF | ✓ |
| 093 | HVAC COMMRCL SF | 15,000 SF | ✗ |
| 501 | CANOPY | 2,496 SF | ✗ |
| 611 | TERRACE | 2,496 SF | ✗ |
| 413 | STAIRWAY EXT | 6 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $152,899.62 | $152,899.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $84,436.71 | $84,436.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $60,561.24 | $60,561.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,017.46 | $19,017.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,661.21 | $16,661.21 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $333,576.24 | $333,576.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,300,000 | $16,750,000 | -2.7% |
| Assessed Value | $16,300,000 | $16,750,000 | -2.7% |
| Land Value | $1,477,337 | $1,477,337 | +0.0% |
| Improvement Value | $14,822,663 | $15,272,663 | -2.9% |
| Taxable Value | $16,300,000 | $16,750,000 | -2.7% |
| Total Tax 2026 = estimate |
~$337,440
Estimated
|
~$333,576
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,300,000 | $16,300,000 | +0 (+0.0%) |
| Taxable Value | $16,300,000 | $16,300,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,300,000 | $1,477,337 | $14,822,663 | — | $16,300,000 | $16,300,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,750,000 | $1,477,337 | $15,272,663 | — | $16,750,000 | $16,750,000 | ~$333,576 | Partial |
| 2024 | $14,000,000 | — | — | — | — | $— | $327,098 | Verified |
| 2023 | $13,500,000 | — | — | — | — | $— | $274,552 | Verified |
| 2022 | $11,300,000 | — | — | — | — | $— | $291,995 | Verified |
| 2021 | $7,335,175 | — | — | — | — | $— | $261,819 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +12.3% | +12.3% | ~100% | 1.9100% | Verified |
| 2023 | +12.7% | +12.7% | ~100% | 1.8000% | Verified |
| 2022 | +19.5% | +19.5% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 3.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +18.8% | +23.6% | +54.1% | 2022 | -2.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$333,576 | $297,808 | ~$421,459 | $333,576 | 2025 | $261,819 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$20,590,453 | ~$18,425,000 | ~2.0085% | ~$370,064 | +22.9% |
| 2027 | ~$25,311,447 | ~$20,267,500 | ~1.9468% | ~$394,565 | +51.1% |
| 2028 | ~$31,114,875 | ~$22,294,250 | ~1.8851% | ~$420,267 | +85.8% |
| 2029 | ~$38,248,917 | ~$24,523,675 | ~1.8234% | ~$447,162 | +128.4% |
| 2030 | ~$47,018,658 | ~$26,976,043 | ~1.7617% | ~$475,235 | +180.7% |
| 2026 | ~$20,255,453 | ~$18,425,000 | ~2.0702% | ~$381,432 | +20.9% |
| 2027 | ~$24,494,529 | ~$20,267,500 | ~2.0702% | ~$419,575 | +46.2% |
| 2028 | ~$29,620,763 | ~$22,294,250 | ~2.0702% | ~$461,532 | +76.8% |
| 2029 | ~$35,819,818 | ~$24,523,675 | ~2.0702% | ~$507,685 | +113.8% |
| 2030 | ~$43,316,217 | ~$26,976,043 | ~2.0702% | ~$558,454 | +158.6% |
| 2026 | ~$20,925,453 | ~$18,425,000 | ~1.9776% | ~$364,380 | +24.9% |
| 2027 | ~$26,141,765 | ~$20,267,500 | ~1.8851% | ~$382,061 | +56.1% |
| 2028 | ~$32,658,404 | ~$22,294,250 | ~1.7925% | ~$399,634 | +95.0% |
| 2029 | ~$40,799,516 | ~$24,523,675 | ~1.7000% | ~$416,901 | +143.6% |
| 2030 | ~$50,970,050 | ~$26,976,043 | ~1.6074% | ~$433,625 | +204.3% |
In 2025, this property's market value of $16,750,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 197× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $16,750,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $14,000,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $13,500,000 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $11,300,000 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $7,335,175 | $6,000 | $14,480 | $80,000 | ↑ 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.