1508 FORT VIEW RD TX 78704
| Owner | TWC-FORT VIEW LLC |
|---|---|
| Parcel ID | 0406090135 |
| Short ID | 308012 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,176 SF |
| Land SF | 14,948 SF |
| Acres | 0.343 |
| Year Built | 1973 |
| Legal | W60 FT OF LOT 6 BANISTER HEIGHTS |
| Neighborhood | 83CEN |
| Land | $672,660 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $672,660 |
| Improvement | $210,455 |
|---|---|
| Total Improvement | $210,455 |
| Market | $883,115 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $883,115 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $883,115 |
| Taxable Value | $883,115 |
|---|
Appreciation: Market value has risen +8.0% from $818,000 (2021) to $883,115 (2025), a CAGR of 1.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 lagged 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 $18,073. 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 76% of market value ($672,660 land vs $210,455 improvements), about $45/SF of land. With value concentrated in the land under a ~53-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 $883,115, this parcel sits in the lower-middle (25th–50th 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 +1.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $971,845 by 2030, with an estimated annual tax burden around $18,307. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,400 SF | ✗ |
| 1ST | 1st Floor | 4,176 SF | ✓ |
| SO | Sketch Only | 2,214 SF | ✗ |
| 327 | STORAGE COMM'L | 448 SF | ✓ |
| 541 | FENCE COMM LF | 250 SF | ✗ |
| 328 | MEZZ COMM (STG) | 210 SF | ✓ |
| 501 | CANOPY | 144 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% | $8,170.58 | $8,170.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,627.67 | $4,627.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,319.14 | $3,319.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,042.28 | $1,042.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $913.14 | $913.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,072.81 | $18,072.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $883,115 | $883,115 | +0.0% |
| Assessed Value | $883,115 | $883,115 | +0.0% |
| Land Value | $672,660 | $672,660 | +0.0% |
| Improvement Value | $210,455 | $210,455 | +0.0% |
| Taxable Value | $883,115 | $883,115 | +0.0% |
| Total Tax 2026 = estimate |
~$18,073
Estimated
|
~$18,073
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,152,750 | $883,115 | -269,635 (-23.4%) |
| Taxable Value | $1,059,738 | $883,115 | -176,623 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $883,115 | $672,660 | $210,455 | — | $883,115 | $883,115 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $883,115 | $672,660 | $210,455 | — | $883,115 | $883,115 | ~$18,073 | Partial |
| 2024 | $952,080 | — | — | −$279,420 | $672,660 | $— | $18,178 | Verified |
| 2023 | $816,073 | — | — | −$143,413 | $672,660 | $— | $17,225 | Verified |
| 2022 | $830,000 | — | — | −$232,080 | $597,920 | $— | $16,117 | Verified |
| 2021 | $818,000 | — | — | −$220,080 | $597,920 | $— | $18,066 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.5% | +20.0% | 91.9% | Not available | Partial |
| 2025 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2024 | -3.7% | -3.7% | ~100% | 1.9800% | Verified |
| 2023 | +12.3% | +12.3% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.9% | +1.9% | +16.7% | 2024 | -7.2% | 2025 |
| Assessment Ratio | 100.0% | 83.0% | — | 100.0% | 2025 | 70.7% | 2024 |
| 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 |
$18,073 | $17,532 | ~$18,223 | $18,178 | 2024 | $16,117 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$900,188 | ~$900,188 | ~2.0139% | ~$18,129 | +1.9% |
| 2027 | ~$917,591 | ~$917,591 | ~1.9814% | ~$18,181 | +3.9% |
| 2028 | ~$935,331 | ~$935,331 | ~1.9488% | ~$18,228 | +5.9% |
| 2029 | ~$953,413 | ~$953,413 | ~1.9163% | ~$18,270 | +8.0% |
| 2030 | ~$971,845 | ~$971,845 | ~1.8837% | ~$18,307 | +10.0% |
| 2026 | ~$882,526 | ~$882,526 | ~2.0465% | ~$18,061 | -0.1% |
| 2027 | ~$881,937 | ~$881,937 | ~2.0465% | ~$18,049 | -0.1% |
| 2028 | ~$881,348 | ~$881,348 | ~2.0465% | ~$18,037 | -0.2% |
| 2029 | ~$880,760 | ~$880,760 | ~2.0465% | ~$18,025 | -0.3% |
| 2030 | ~$880,173 | ~$880,173 | ~2.0465% | ~$18,013 | -0.3% |
| 2026 | ~$917,850 | ~$917,850 | ~1.9977% | ~$18,336 | +3.9% |
| 2027 | ~$953,952 | ~$953,952 | ~1.9488% | ~$18,591 | +8.0% |
| 2028 | ~$991,474 | ~$991,474 | ~1.9000% | ~$18,838 | +12.3% |
| 2029 | ~$1,030,471 | ~$1,030,471 | ~1.8512% | ~$19,076 | +16.7% |
| 2030 | ~$1,071,002 | ~$1,071,002 | ~1.8024% | ~$19,303 | +21.3% |
In 2025, this property's market value of $883,115 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -38% below 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 | $883,115 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $952,080 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $816,073 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $830,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $818,000 | $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.