7211 S F M RD 973 TX 78617
| Owner | ENTERPRISE TEXAS PIPELINE L P |
|---|---|
| Parcel ID | 0339210301 |
| Short ID | 298870 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,351 SF |
| Land SF | 3,857,543 SF |
| Acres | 88.557 |
| Year Built | 1980 |
| Legal | IMPS ONLY ON ABS 61 SUR 1 BAIN N M ACR 88.557 |
| Neighborhood | 53SEA |
| Land | $2,220,659 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,220,659 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,614,548 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,614,548 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,206,695 |
| Net Appraised (assessed) | $407,853 |
| Taxable Value | $407,853 |
|---|
Appreciation: Market value has risen +991.9% from $239,460 (2021) to $2,614,548 (2025), a CAGR of 81.8% 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 6 taxing entities is 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $7,122. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
Assessment Gap: Assessed value ($407,853) is $2,206,695 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 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 85% of market value ($2,220,659 land vs $0 improvements), about $1/SF of land. With value concentrated in the land under a ~46-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 $2,614,548, this parcel sits in the upper-middle (50th–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 +81.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $51,892,091 by 2030, with an estimated annual tax burden around $9,583. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 11,048 SF | ✗ |
| 1ST | 1st Floor | 2,351 SF | ✓ |
| 541 | FENCE COMM LF | 2,240 SF | ✗ |
| 571C | STORAGE DET COMM | 300 SF | ✓ |
| 881 | COMMCL FINISHOUT | 264 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 298870 | AUSTIN JTB LIMITED PARTNERSHIP | 0.000 | $2,833,824 | $142,550 | $142,550 |
| 359332 | ENTERPRISE TEXAS PIPELINE L P | 7211 F M RD 973 78617 | $266,030 | $266,030 | $266,030 |
Market value changed by 79% in 2023, 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% | $3,371.88 | $3,371.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,335.55 | $1,335.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $419.39 | $419.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $367.43 | $367.43 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $355.34 | $355.34 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $355.34 | $355.34 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $6,204.93 | $6,204.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,099,854 | $2,614,548 | +18.6% |
| Assessed Value | $408,580 | $407,853 | +0.2% |
| Land Value | $2,833,824 | $2,220,659 | +27.6% |
| Improvement Value | — | — | — |
| Taxable Value | $408,580 | $407,853 | +0.2% |
| HS Cap Loss | -$2,691,274 | — | |
| Total Tax 2026 = estimate |
~$7,134
Estimated
|
~$6,205
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,155,751 | $3,099,854 | -55,897 (-1.8%) |
| Taxable Value | $425,142 | $408,580 | -16,562 (-3.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,099,854 | $2,833,824 | — | −$2,691,274 | $408,580 | $408,580 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,614,548 | $2,220,659 | — | −$2,206,695 | $407,853 | $407,853 | ~$6,205 | Partial |
| 2024 | $200,000 | — | — | — | — | $— | $5,959 | Verified |
| 2023 | $334,000 | — | — | — | — | $— | $4,868 | Verified |
| 2022 | $303,633 | — | — | — | — | $— | $7,918 | Verified |
| 2021 | $239,460 | — | — | — | — | $— | $7,066 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.3% | -1.9% | 87.8% | Not available | Partial |
| 2025 | +45.6% | +20.0% | 73.1% | Not available | Partial |
| 2024 | -54.8% | -59.9% | 88.7% | 0.2400% | Verified |
| 2023 | +79.2% ! | +79.2% | ~100% | 0.3600% | Verified |
| 2022 | -28.5% | +519.2% | ~100% | 0.7200% | Verified |
| 2021 | base year | — | 11.6% | 2.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -15.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.6% | +244.5% | +76.1% | +1207.3% | 2025 | -40.1% | 2024 |
| Assessment Ratio | 13.2% | 14.4% | — | 15.6% | 2025 | 13.2% | 2026 |
| Effective Tax Rate (2025) | 1.0400% | 1.0400% | — | 1.0400% | 2025 | 1.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,205 | $6,403 | ~$8,561 | $7,918 | 2022 | $4,868 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,752,669 | ~$448,638 | ~1.6887% | ~$7,576 | +81.8% |
| 2027 | ~$8,639,298 | ~$493,502 | ~1.6313% | ~$8,050 | +230.4% |
| 2028 | ~$15,704,328 | ~$542,852 | ~1.5738% | ~$8,543 | +500.7% |
| 2029 | ~$28,546,986 | ~$597,138 | ~1.5164% | ~$9,055 | +991.9% |
| 2030 | ~$51,892,091 | ~$656,851 | ~1.4589% | ~$9,583 | +1884.7% |
| 2026 | ~$4,700,378 | ~$448,638 | ~1.7462% | ~$7,834 | +79.8% |
| 2027 | ~$8,450,237 | ~$493,502 | ~1.7462% | ~$8,617 | +223.2% |
| 2028 | ~$15,191,652 | ~$542,852 | ~1.7462% | ~$9,479 | +481.0% |
| 2029 | ~$27,311,222 | ~$597,138 | ~1.7462% | ~$10,427 | +944.6% |
| 2030 | ~$49,099,522 | ~$656,851 | ~1.7462% | ~$11,470 | +1777.9% |
| 2026 | ~$4,804,960 | ~$448,638 | ~1.6600% | ~$7,447 | +83.8% |
| 2027 | ~$8,830,450 | ~$493,502 | ~1.5738% | ~$7,767 | +237.7% |
| 2028 | ~$16,228,410 | ~$542,852 | ~1.4876% | ~$8,076 | +520.7% |
| 2029 | ~$29,824,219 | ~$597,138 | ~1.4015% | ~$8,369 | +1040.7% |
| 2030 | ~$54,810,302 | ~$656,851 | ~1.3153% | ~$8,639 | +1996.4% |
In 2025, this property's market value of $2,614,548 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +84% above 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 | $2,614,548 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $200,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $334,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $303,633 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $239,460 | $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.