ELROY RD 42 AUSTIN 78617
| Owner | COTA CAR CONDOS LP |
|---|---|
| Parcel ID | 0339410639 |
| Short ID | 986501 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 1,500 SF |
| Land SF | 17,696 SF |
| Acres | 0.406 |
| Year Built | 2025 |
| Legal | T-11 CAR CONDOMINIUMS UNT 42 PLUS 0.31 % INT IN COM AREA |
| Neighborhood | C05391 |
| Land | $84,713 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $84,713 |
| Improvement | $50,730 |
|---|---|
| Total Improvement | $50,730 |
| Market | $135,443 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $135,443 |
| Value Limitation Adjustment (−) (homestead cap) | −$66,384 |
| Net Appraised (assessed) | $69,059 |
| Taxable Value | $69,059 |
|---|
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 $1,430. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Assessment Gap: Assessed value ($69,059) is $66,384 below market value, suggesting potential for an upward assessment in future years.
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 63% of market value ($84,713 land vs $50,730 improvements), about $5/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $135,443, this parcel sits in the upper-middle (50th–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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,500 SF | ✓ |
Market value changed by 787% in 2025, 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% | $173.92 | $173.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $96.05 | $96.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $68.89 | $68.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $21.63 | $21.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18.95 | $18.95 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $379.44 | $379.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $232,608 | $135,443 | +71.7% |
| Assessed Value | $21,995 | $69,059 | -68.2% |
| Land Value | $105,360 | $84,713 | +24.4% |
| Improvement Value | $127,248 | $50,730 | +150.8% |
| Taxable Value | $21,995 | $69,059 | -68.2% |
| HS Cap Loss | -$210,613 | — | |
| Total Tax 2026 = estimate |
~$455
Estimated
|
~$379
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $232,608 | $232,608 | +0 (+0.0%) |
| Taxable Value | $21,995 | $21,995 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $232,608 | $105,360 | $127,248 | −$210,613 | $21,995 | $21,995 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $135,443 | $84,713 | $50,730 | −$66,384 | $69,059 | $69,059 | ~$379 | Partial |
| 2024 | $— | — | — | — | $15,274 | $— | $310 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +71.7% | -68.2% | 9.5% | Not available | Partial |
| 2025 | +786.8% ! | +352.1% | 51.0% | Not available | Partial |
| 2024 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +786.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +71.7% | +71.7% | — | +71.7% | 2026 | +71.7% | 2026 |
| Assessment Ratio | 9.5% | 30.2% | — | 51.0% | 2025 | 9.5% | 2026 |
| Effective Tax Rate (2025) | 0.2800% | 0.2800% | — | 0.2800% | 2025 | 0.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$379 | $379 | — | $379 | 2025 | $379 | 2025 |
In 2025, this property's market value of $135,443 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — +59% above 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 | $135,443 | $24,862 | $85,028 | $363,420 | ↑ Above median | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
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.