11400 OLD LOCKHART RD TX 78610
| Owner | 11400 OLD LOCKHART ROAD LLC |
|---|---|
| Parcel ID | 0356010105 |
| Short ID | 300487 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 25,162 SF |
| Land SF | 50,747 SF |
| Acres | 1.165 |
| Year Built | 2004 |
| Legal | ABS 24 DELVALLE S ACR 1.1650 |
| Neighborhood | 60SEA |
| Land | $91,345 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $91,345 |
| Improvement | $2,008,655 |
|---|---|
| Total Improvement | $2,008,655 |
| Market | $2,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,100,000 |
| Taxable Value | $2,100,000 |
|---|
Appreciation: Market value has risen +54.0% from $1,363,657 (2021) to $2,100,000 (2025), a CAGR of 11.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $36,670. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
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 4% of market value ($91,345 land vs $2,008,655 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,100,000, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,602,566 by 2030, with an estimated annual tax burden around $49,341. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 25,162 SF | ✓ |
| 551 | PAVED AREA | 13,936 SF | ✗ |
| 881 | COMMCL FINISHOUT | 4,829 SF | ✓ |
| 328 | MEZZ COMM (STG) | 3,462 SF | ✓ |
| 501 | CANOPY | 1,268 SF | ✗ |
| MEZZ | Mezzanine | 1,021 SF | ✓ |
| 541 | FENCE COMM LF | 640 SF | ✗ |
| 408 | LOADING RAMP | 412 SF | ✓ |
| 093 | HVAC COMMRCL SF | 330 SF | ✗ |
| 327 | STORAGE COMM'L | 228 SF | ✓ |
| 611 | TERRACE | 177 SF | ✗ |
| 591 | MASONRY TRIM SF | 165 SF | ✗ |
Market value changed by 78% 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% | $19,926.90 | $19,926.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,892.75 | $7,892.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,478.48 | $2,478.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,171.40 | $2,171.40 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,100.00 | $2,100.00 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,100.00 | $2,100.00 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $36,669.53 | $36,669.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,537,132 | $2,100,000 | +20.8% |
| Assessed Value | $2,520,000 | $2,100,000 | +20.0% |
| Land Value | $91,345 | $91,345 | +0.0% |
| Improvement Value | $2,445,787 | $2,008,655 | +21.8% |
| Taxable Value | $2,520,000 | $2,100,000 | +20.0% |
| HS Cap Loss | -$17,132 | — | |
| Total Tax 2026 = estimate |
~$44,003
Estimated
|
~$36,670
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,624,255 | $2,537,132 | -87,123 (-3.3%) |
| Taxable Value | $2,520,000 | $2,520,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,537,132 | $91,345 | $2,445,787 | −$17,132 | $2,520,000 | $2,520,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,100,000 | $91,345 | $2,008,655 | — | $2,100,000 | $2,100,000 | ~$36,670 | Partial |
| 2024 | $2,261,593 | — | — | −$2,170,248 | $91,345 | $— | $39,592 | Verified |
| 2023 | $1,830,594 | — | — | −$1,812,769 | $17,825 | $— | $38,600 | Verified |
| 2022 | $1,363,657 | — | — | −$1,345,832 | $17,825 | $— | $34,599 | Verified |
| 2021 | $1,363,657 | — | — | −$1,345,832 | $17,825 | $— | $26,946 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.0% | +20.0% | 96.0% | Not available | Partial |
| 2025 | -7.1% | -7.1% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7500% | Verified |
| 2023 | -6.6% | -6.6% | ~100% | 1.7100% | Verified |
| 2022 | +77.5% ! | +77.5% | ~100% | 1.4300% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.8% | +14.3% | +7.6% | +34.2% | 2023 | -7.1% | 2025 |
| Assessment Ratio | 99.3% | 34.5% | — | 100.0% | 2025 | 1.0% | 2023 |
| Effective Tax Rate (2025) | 1.7500% | 1.7500% | — | 1.7500% | 2025 | 1.7500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,670 | $35,281 | ~$44,082 | $39,592 | 2024 | $26,946 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,339,364 | ~$2,310,000 | ~1.6887% | ~$39,009 | +11.4% |
| 2027 | ~$2,606,012 | ~$2,541,000 | ~1.6313% | ~$41,450 | +24.1% |
| 2028 | ~$2,903,053 | ~$2,795,100 | ~1.5738% | ~$43,990 | +38.2% |
| 2029 | ~$3,233,951 | ~$3,074,610 | ~1.5164% | ~$46,622 | +54.0% |
| 2030 | ~$3,602,566 | ~$3,382,071 | ~1.4589% | ~$49,341 | +71.6% |
| 2026 | ~$2,297,364 | ~$2,297,364 | ~1.7462% | ~$40,116 | +9.4% |
| 2027 | ~$2,513,277 | ~$2,513,277 | ~1.7462% | ~$43,886 | +19.7% |
| 2028 | ~$2,749,482 | ~$2,749,482 | ~1.7462% | ~$48,011 | +30.9% |
| 2029 | ~$3,007,887 | ~$3,007,887 | ~1.7462% | ~$52,523 | +43.2% |
| 2030 | ~$3,290,577 | ~$3,290,577 | ~1.7462% | ~$57,459 | +56.7% |
| 2026 | ~$2,381,364 | ~$2,310,000 | ~1.6600% | ~$38,346 | +13.4% |
| 2027 | ~$2,700,426 | ~$2,541,000 | ~1.5738% | ~$39,991 | +28.6% |
| 2028 | ~$3,062,237 | ~$2,795,100 | ~1.4876% | ~$41,581 | +45.8% |
| 2029 | ~$3,472,525 | ~$3,074,610 | ~1.4015% | ~$43,089 | +65.4% |
| 2030 | ~$3,937,784 | ~$3,382,071 | ~1.3153% | ~$44,483 | +87.5% |
In 2025, this property's market value of $2,100,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +48% 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 | $2,100,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,261,593 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,830,594 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,363,657 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,363,657 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.