2119 GOODRICH AVE TX 78704
| Owner | APPEL INVESTMENTS LLC |
|---|---|
| Parcel ID | 0401070728 |
| Short ID | 303236 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,588 SF |
| Land SF | 12,156 SF |
| Acres | 0.279 |
| Year Built | 1977 |
| Legal | LOT A HECUBA ADDN |
| Neighborhood | 83CEN |
| Land | $1,215,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,215,600 |
| Improvement | $362,966 |
|---|---|
| Total Improvement | $362,966 |
| Market | $1,578,566 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,578,566 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,578,566 |
| Taxable Value | $1,578,566 |
|---|
Appreciation: Market value has risen +30.1% from $1,213,445 (2021) to $1,578,566 (2025), a CAGR of 6.8% over 4 years. This represents moderate, steady growth. 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $32,305. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 77% of market value ($1,215,600 land vs $362,966 improvements), about $100/SF of land. With value concentrated in the land under a ~49-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 $1,578,566, 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 +6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,193,138 by 2030, with an estimated annual tax burden around $41,313. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,588 SF | ✓ |
| 551 | PAVED AREA | 3,500 SF | ✗ |
| 611 | TERRACE | 693 SF | ✗ |
| 541 | FENCE COMM LF | 100 SF | ✗ |
| SO | Sketch Only | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $13,821.15 | $13,821.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,828.05 | $7,828.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,614.58 | $5,614.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,763.09 | $1,763.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,544.65 | $1,544.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,571.52 | $30,571.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,493,855 | $1,578,566 | -5.4% |
| Assessed Value | $1,493,855 | $1,578,566 | -5.4% |
| Land Value | $1,215,600 | $1,215,600 | +0.0% |
| Improvement Value | $278,255 | $362,966 | -23.3% |
| Taxable Value | $1,493,855 | $1,578,566 | -5.4% |
| Total Tax 2026 = estimate |
~$30,572
Estimated
|
~$30,572
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,824,009 | $1,493,855 | -330,154 (-18.1%) |
| Taxable Value | $1,792,626 | $1,493,855 | -298,771 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,493,855 | $1,215,600 | $278,255 | — | $1,493,855 | $1,493,855 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,578,566 | $1,215,600 | $362,966 | — | $1,578,566 | $1,578,566 | ~$30,572 | Partial |
| 2024 | $1,324,079 | — | — | −$108,479 | $1,215,600 | $— | $29,605 | Verified |
| 2023 | $1,150,000 | — | — | — | $1,215,600 ! | $— | $23,956 | Verified |
| 2022 | $1,176,973 | — | — | −$204,493 | $972,480 | $— | $22,712 | Verified |
| 2021 | $1,213,445 | — | — | −$301,745 | $911,700 | $— | $25,619 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.5% | +13.6% | 98.3% | Not available | Partial |
| 2025 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2024 | +12.8% | +12.8% | ~100% | 1.9800% | Verified |
| 2023 | +15.1% | +15.1% | ~100% | 1.8100% | Verified |
| 2022 | -5.7% | -5.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.4% | +4.7% | +8.0% | +19.2% | 2025 | -5.4% | 2026 |
| Assessment Ratio | 100.0% | 92.5% | — | 105.7% | 2023 | 75.1% | 2021 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,572 | $26,493 | ~$37,553 | $30,572 | 2025 | $22,712 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,685,867 | ~$1,685,867 | ~2.0139% | ~$33,952 | +6.8% |
| 2027 | ~$1,800,462 | ~$1,800,462 | ~1.9814% | ~$35,674 | +14.1% |
| 2028 | ~$1,922,847 | ~$1,922,847 | ~1.9488% | ~$37,473 | +21.8% |
| 2029 | ~$2,053,551 | ~$2,053,551 | ~1.9163% | ~$39,352 | +30.1% |
| 2030 | ~$2,193,138 | ~$2,193,138 | ~1.8837% | ~$41,313 | +38.9% |
| 2026 | ~$1,654,296 | ~$1,654,296 | ~2.0465% | ~$33,855 | +4.8% |
| 2027 | ~$1,733,659 | ~$1,733,659 | ~2.0465% | ~$35,479 | +9.8% |
| 2028 | ~$1,816,830 | ~$1,816,830 | ~2.0465% | ~$37,181 | +15.1% |
| 2029 | ~$1,903,990 | ~$1,903,990 | ~2.0465% | ~$38,965 | +20.6% |
| 2030 | ~$1,995,332 | ~$1,995,332 | ~2.0465% | ~$40,834 | +26.4% |
| 2026 | ~$1,717,439 | ~$1,717,439 | ~1.9977% | ~$34,309 | +8.8% |
| 2027 | ~$1,868,529 | ~$1,868,529 | ~1.9488% | ~$36,415 | +18.4% |
| 2028 | ~$2,032,910 | ~$2,032,910 | ~1.9000% | ~$38,626 | +28.8% |
| 2029 | ~$2,211,754 | ~$2,211,754 | ~1.8512% | ~$40,944 | +40.1% |
| 2030 | ~$2,406,330 | ~$2,406,330 | ~1.8024% | ~$43,371 | +52.4% |
In 2025, this property's market value of $1,578,566 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +11% 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 | $1,578,566 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,324,079 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,150,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,176,973 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,213,445 | $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.