119 CUMBERLAND RD AUSTIN, TX 78704
| Owner | BONAVITA ONE LLC |
|---|---|
| Parcel ID | 0405030873 |
| Short ID | 574167 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,600 SF |
| Land SF | 21,565 SF |
| Acres | 0.495 |
| Year Built | 1979 |
| Legal | LOT 1 SPILLAR JOHN A SUBD NO II |
| Neighborhood | 61CEN |
| Land | $1,518,176 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,518,176 |
| Improvement | $444,122 |
|---|---|
| Total Improvement | $444,122 |
| Market | $1,962,298 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,962,298 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,962,298 |
| Taxable Value | $1,962,298 |
|---|
Appreciation: Market value has risen +106.9% from $948,300 (2021) to $1,962,298 (2025), a CAGR of 19.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $40,158. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 77% of market value ($1,518,176 land vs $444,122 improvements), about $70/SF of land. With value concentrated in the land under a ~47-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 $1,962,298, 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 +19.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,870,112 by 2030, with an estimated annual tax burden around $59,532. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,900 SF | ✗ |
| 1ST | 1st Floor | 5,600 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,301 SF | ✓ |
| 541 | FENCE COMM LF | 600 SF | ✗ |
| 591 | MASONRY TRIM SF | 480 SF | ✗ |
| 328 | MEZZ COMM (STG) | 434 SF | ✓ |
| 581C | STORAGE ATT COMM | 240 SF | ✓ |
| 501 | CANOPY | 54 SF | ✗ |
| 091 | HVAC COMMRCL TON | 2 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% | $18,155.18 | $18,155.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,282.78 | $10,282.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,375.20 | $7,375.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,315.96 | $2,315.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,029.02 | $2,029.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,158.14 | $40,158.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,962,298 | $1,962,298 | +0.0% |
| Assessed Value | $1,962,298 | $1,962,298 | +0.0% |
| Land Value | $1,518,176 | $1,518,176 | +0.0% |
| Improvement Value | $444,122 | $444,122 | +0.0% |
| Taxable Value | $1,962,298 | $1,962,298 | +0.0% |
| Total Tax 2026 = estimate |
~$40,158
Estimated
|
~$40,158
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,962,298 | $1,962,298 | +0 (+0.0%) |
| Taxable Value | $1,962,298 | $1,962,298 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,962,298 | $1,518,176 | $444,122 | — | $1,962,298 | $1,962,298 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,962,298 | $1,518,176 | $444,122 | — | $1,962,298 | $1,962,298 | ~$40,158 | Partial |
| 2024 | $1,635,000 | — | — | −$116,824 | $1,518,176 | $— | $38,799 | Verified |
| 2023 | $1,150,000 | — | — | — | $1,518,176 ! | $— | $29,581 | Verified |
| 2022 | $1,070,000 | — | — | −$216,026 | $853,974 | $— | $22,712 | Verified |
| 2021 | $948,300 | — | — | −$94,326 | $853,974 | $— | $23,290 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | -1.9% | -1.9% | ~100% | 1.9800% | Verified |
| 2023 | +73.5% | +73.5% | ~100% | 1.4800% | Verified |
| 2022 | +7.5% | +7.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +83.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +16.5% | +19.9% | +42.2% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 99.1% | — | 132.0% | 2023 | 79.8% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,158 | $30,908 | ~$51,201 | $40,158 | 2025 | $22,712 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,353,530 | ~$2,158,528 | ~2.0139% | ~$43,471 | +19.9% |
| 2027 | ~$2,822,764 | ~$2,374,381 | ~1.9814% | ~$47,046 | +43.8% |
| 2028 | ~$3,385,551 | ~$2,611,819 | ~1.9488% | ~$50,900 | +72.5% |
| 2029 | ~$4,060,544 | ~$2,873,001 | ~1.9163% | ~$55,055 | +106.9% |
| 2030 | ~$4,870,112 | ~$3,160,301 | ~1.8837% | ~$59,532 | +148.2% |
| 2026 | ~$2,314,284 | ~$2,158,528 | ~2.0465% | ~$44,174 | +17.9% |
| 2027 | ~$2,729,408 | ~$2,374,381 | ~2.0465% | ~$48,591 | +39.1% |
| 2028 | ~$3,218,994 | ~$2,611,819 | ~2.0465% | ~$53,450 | +64.0% |
| 2029 | ~$3,796,399 | ~$2,873,001 | ~2.0465% | ~$58,796 | +93.5% |
| 2030 | ~$4,477,376 | ~$3,160,301 | ~2.0465% | ~$64,675 | +128.2% |
| 2026 | ~$2,392,776 | ~$2,158,528 | ~1.9977% | ~$43,120 | +21.9% |
| 2027 | ~$2,917,690 | ~$2,374,381 | ~1.9488% | ~$46,273 | +48.7% |
| 2028 | ~$3,557,757 | ~$2,611,819 | ~1.9000% | ~$49,625 | +81.3% |
| 2029 | ~$4,338,238 | ~$2,873,001 | ~1.8512% | ~$53,185 | +121.1% |
| 2030 | ~$5,289,937 | ~$3,160,301 | ~1.8024% | ~$56,960 | +169.6% |
In 2025, this property's market value of $1,962,298 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +38% 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 | $1,962,298 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,635,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,150,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,070,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $948,300 | $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.