7700 ELROY RD TX 78617
| Owner | SOUTHTEX PIPELINE HOLDING COMP |
|---|---|
| Parcel ID | 0339410302 |
| Short ID | 299091 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,021 SF |
| Land SF | 807,462 SF |
| Acres | 18.537 |
| Year Built | 1990 |
| Legal | ABS 797 SUR 5 WESTBROOK T B ACR 18.5368 |
| Neighborhood | 61SEA |
| Land | $733,737 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $733,737 |
| Improvement | $2,126,753 |
|---|---|
| Total Improvement | $2,126,753 |
| Market | $2,860,490 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,860,490 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,966,488 |
| Net Appraised (assessed) | $894,002 |
| Taxable Value | $894,002 |
|---|
Appreciation: Market value has risen +201.0% from $950,472 (2021) to $2,860,490 (2025), a CAGR of 31.7% 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 $15,611. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
Assessment Gap: Assessed value ($894,002) is $1,966,488 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 26% of market value ($733,737 land vs $2,126,753 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~36 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,860,490, 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 +31.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,338,793 by 2030, with an estimated annual tax burden around $21,005. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,021 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,400 SF | ✓ |
| 501 | CANOPY | 625 SF | ✗ |
Market value changed by 198% in 2024, 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% | $8,483.18 | $8,483.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,360.06 | $3,360.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,055.13 | $1,055.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $924.40 | $924.40 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $894.00 | $894.00 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $894.00 | $894.00 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $15,610.77 | $15,610.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,594,991 | $2,860,490 | -44.2% |
| Assessed Value | $1,072,802 | $894,002 | +20.0% |
| Land Value | $768,595 | $733,737 | +4.8% |
| Improvement Value | $826,396 | $2,126,753 | -61.1% |
| Taxable Value | $1,072,802 | $894,002 | +20.0% |
| HS Cap Loss | -$522,189 | — | |
| Total Tax 2026 = estimate |
~$18,733
Estimated
|
~$15,611
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,594,991 | $1,594,991 | +0 (+0.0%) |
| Taxable Value | $1,072,802 | $1,072,802 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,594,991 | $768,595 | $826,396 | −$522,189 | $1,072,802 | $1,072,802 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,860,490 | $733,737 | $2,126,753 | −$1,966,488 | $894,002 | $894,002 | ~$15,611 | Partial |
| 2024 | $620,835 | — | — | — | $1,849,536 ! | $— | $13,042 | Verified |
| 2023 | $567,118 | — | — | −$432,336 | $134,782 | $— | $10,596 | Verified |
| 2022 | $631,718 | — | — | −$496,936 | $134,782 | $— | $10,719 | Verified |
| 2021 | $950,472 | — | — | −$815,690 | $134,782 | $— | $12,483 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -44.2% | +20.0% | 67.3% | Not available | Partial |
| 2025 | +54.7% | +20.0% | 31.2% | Not available | Partial |
| 2024 | +197.9% ! | +20.0% | 40.3% | 0.7100% | Verified |
| 2023 | +9.5% | +9.5% | ~100% | 1.7100% | Verified |
| 2022 | -10.2% | -10.2% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 1.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +352.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -44.2% | +56.5% | +52.6% | +360.7% | 2025 | -44.2% | 2026 |
| Assessment Ratio | 67.3% | 76.0% | — | 297.9% | 2024 | 14.2% | 2021 |
| Effective Tax Rate (2025) | 0.5500% | 0.5500% | — | 0.5500% | 2025 | 0.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,611 | $12,490 | ~$18,767 | $15,611 | 2025 | $10,596 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,767,608 | ~$983,402 | ~1.6887% | ~$16,607 | +31.7% |
| 2027 | ~$4,962,391 | ~$1,081,742 | ~1.6313% | ~$17,646 | +73.5% |
| 2028 | ~$6,536,064 | ~$1,189,917 | ~1.5738% | ~$18,727 | +128.5% |
| 2029 | ~$8,608,779 | ~$1,308,908 | ~1.5164% | ~$19,848 | +201.0% |
| 2030 | ~$11,338,793 | ~$1,439,799 | ~1.4589% | ~$21,005 | +296.4% |
| 2026 | ~$3,710,398 | ~$983,402 | ~1.7462% | ~$17,172 | +29.7% |
| 2027 | ~$4,812,831 | ~$1,081,742 | ~1.7462% | ~$18,889 | +68.3% |
| 2028 | ~$6,242,818 | ~$1,189,917 | ~1.7462% | ~$20,778 | +118.2% |
| 2029 | ~$8,097,683 | ~$1,308,908 | ~1.7462% | ~$22,856 | +183.1% |
| 2030 | ~$10,503,665 | ~$1,439,799 | ~1.7462% | ~$25,141 | +267.2% |
| 2026 | ~$3,824,818 | ~$983,402 | ~1.6600% | ~$16,324 | +33.7% |
| 2027 | ~$5,114,240 | ~$1,081,742 | ~1.5738% | ~$17,025 | +78.8% |
| 2028 | ~$6,838,351 | ~$1,189,917 | ~1.4876% | ~$17,702 | +139.1% |
| 2029 | ~$9,143,694 | ~$1,308,908 | ~1.4015% | ~$18,344 | +219.7% |
| 2030 | ~$12,226,215 | ~$1,439,799 | ~1.3153% | ~$18,937 | +327.4% |
In 2025, this property's market value of $2,860,490 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +102% 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 | $2,860,490 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $620,835 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $567,118 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $631,718 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $950,472 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.