111 WOODWARD ST TX 78744
| Owner | ORTEGON TONI MARTINEZ |
|---|---|
| Parcel ID | 0408020213 |
| Short ID | 310850 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,000 SF |
| Land SF | 18,170 SF |
| Acres | 0.417 |
| Year Built | 1983 |
| Legal | LOT 2 WOODWARD PARK AMENDED PLAT OF |
| Neighborhood | 83CEN |
| Land | $1,271,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,271,900 |
| Improvement | $78,100 |
|---|---|
| Total Improvement | $78,100 |
| Market | $1,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,350,000 |
| Taxable Value | $1,350,000 |
|---|
Appreciation: Market value has risen +21.0% from $1,115,346 (2021) to $1,350,000 (2025), a CAGR of 4.9% over 4 years. This represents moderate, steady growth. 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 $27,628. 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 94% of market value ($1,271,900 land vs $78,100 improvements), about $70/SF of land. With value concentrated in the land under a ~43-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 $1,350,000, 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,713,914 by 2030, with an estimated annual tax burden around $32,286. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 10,400 SF | ✗ |
| 1ST | 1st Floor | 5,000 SF | ✓ |
| SO | Sketch Only | 500 SF | ✗ |
| 501 | CANOPY | 384 SF | ✗ |
| 541 | FENCE COMM LF | 375 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% | $12,490.20 | $12,490.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,074.23 | $7,074.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,073.91 | $5,073.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,593.31 | $1,593.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,395.90 | $1,395.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,627.55 | $27,627.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,675,000 | $1,350,000 | +24.1% |
| Assessed Value | $1,675,000 | $1,350,000 | +24.1% |
| Land Value | $1,271,900 | $1,271,900 | +0.0% |
| Improvement Value | $403,100 | $78,100 | +416.1% |
| Taxable Value | $1,675,000 | $1,350,000 | +24.1% |
| Total Tax 2026 = estimate |
~$34,279
Estimated
|
~$27,628
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,867,502 | $1,675,000 | -192,502 (-10.3%) |
| Taxable Value | $1,867,502 | $1,675,000 | -192,502 (-10.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,675,000 | $1,271,900 | $403,100 | — | $1,675,000 | $1,675,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,350,000 | $1,271,900 | $78,100 | — | $1,350,000 | $1,350,000 | ~$27,628 | Partial |
| 2024 | $1,566,100 | — | — | −$294,200 | $1,271,900 | $— | $31,550 | Verified |
| 2023 | $1,111,850 | — | — | — | $1,271,900 ! | $— | $28,335 | Verified |
| 2022 | $1,130,429 | — | — | −$312,779 | $817,650 | $— | $21,958 | Verified |
| 2021 | $1,115,346 | — | — | −$297,696 | $817,650 | $— | $24,606 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.3% | +38.3% | ~100% | Not available | Partial |
| 2025 | -15.2% | -15.2% | ~100% | Not available | Partial |
| 2024 | +1.7% | +1.7% | ~100% | 1.9800% | Verified |
| 2023 | +38.5% | +38.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.1% | +10.2% | +0.8% | +40.9% | 2024 | -13.8% | 2025 |
| Assessment Ratio | 100.0% | 90.2% | — | 114.4% | 2023 | 72.3% | 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 |
$27,628 | $26,815 | ~$30,381 | $31,550 | 2024 | $21,958 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,416,005 | ~$1,416,005 | ~2.0139% | ~$28,517 | +4.9% |
| 2027 | ~$1,485,237 | ~$1,485,237 | ~1.9814% | ~$29,428 | +10.0% |
| 2028 | ~$1,557,854 | ~$1,557,854 | ~1.9488% | ~$30,360 | +15.4% |
| 2029 | ~$1,634,022 | ~$1,634,022 | ~1.9163% | ~$31,313 | +21.0% |
| 2030 | ~$1,713,914 | ~$1,713,914 | ~1.8837% | ~$32,286 | +27.0% |
| 2026 | ~$1,389,005 | ~$1,389,005 | ~2.0465% | ~$28,426 | +2.9% |
| 2027 | ~$1,429,137 | ~$1,429,137 | ~2.0465% | ~$29,247 | +5.9% |
| 2028 | ~$1,470,429 | ~$1,470,429 | ~2.0465% | ~$30,092 | +8.9% |
| 2029 | ~$1,512,913 | ~$1,512,913 | ~2.0465% | ~$30,962 | +12.1% |
| 2030 | ~$1,556,625 | ~$1,556,625 | ~2.0465% | ~$31,856 | +15.3% |
| 2026 | ~$1,443,005 | ~$1,443,005 | ~1.9977% | ~$28,826 | +6.9% |
| 2027 | ~$1,542,417 | ~$1,542,417 | ~1.9488% | ~$30,059 | +14.3% |
| 2028 | ~$1,648,679 | ~$1,648,679 | ~1.9000% | ~$31,325 | +22.1% |
| 2029 | ~$1,762,261 | ~$1,762,261 | ~1.8512% | ~$32,623 | +30.5% |
| 2030 | ~$1,883,667 | ~$1,883,667 | ~1.8024% | ~$33,951 | +39.5% |
In 2025, this property's market value of $1,350,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -5% 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 | $1,350,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,566,100 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,111,850 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,130,429 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,115,346 | $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.