2302 WESTERN TRAILS BLVD TX 78745
| Owner | HARRELL FUNERAL HOME LTD |
|---|---|
| Parcel ID | 0408111007 |
| Short ID | 509170 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 12,044 SF |
| Land SF | 55,321 SF |
| Acres | 1.270 |
| Year Built | 1979 |
| Legal | LOT 2G * 8TH RESUB OF LOT 2F FRONTIER VILLAGE SEC 3 |
| Neighborhood | 94SOU |
| Land | $796,622 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $796,622 |
| Improvement | $1,029,651 |
|---|---|
| Total Improvement | $1,029,651 |
| Market | $1,826,273 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,826,273 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,826,273 |
| Taxable Value | $1,826,273 |
|---|
Appreciation: Market value has risen +26.7% from $1,441,202 (2021) to $1,826,273 (2025), a CAGR of 6.1% 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 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 $37,374. 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 44% of market value ($796,622 land vs $1,029,651 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,826,273, 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,455,369 by 2030, with an estimated annual tax burden around $46,253. 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 | 32,200 SF | ✗ |
| 1ST | 1st Floor | 12,044 SF | ✓ |
| 881 | COMMCL FINISHOUT | 12,044 SF | ✓ |
| 328 | MEZZ COMM (STG) | 3,066 SF | ✓ |
| 407 | LOADING DOCK | 134 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% | $16,896.68 | $16,896.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,569.98 | $9,569.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,863.96 | $6,863.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,155.42 | $2,155.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,888.37 | $1,888.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,374.41 | $37,374.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,843,174 | $1,826,273 | +0.9% |
| Assessed Value | $1,843,174 | $1,826,273 | +0.9% |
| Land Value | $796,622 | $796,622 | +0.0% |
| Improvement Value | $1,046,552 | $1,029,651 | +1.6% |
| Taxable Value | $1,843,174 | $1,826,273 | +0.9% |
| Total Tax 2026 = estimate |
~$37,720
Estimated
|
~$37,374
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,843,174 | $1,843,174 | +0 (+0.0%) |
| Taxable Value | $1,843,174 | $1,843,174 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,843,174 | $796,622 | $1,046,552 | — | $1,843,174 | $1,843,174 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,826,273 | $796,622 | $1,029,651 | — | $1,826,273 | $1,826,273 | ~$37,374 | Partial |
| 2024 | $1,926,273 | — | — | −$1,129,651 | $796,622 | $— | $34,279 | Verified |
| 2023 | $1,578,435 | — | — | −$781,813 | $796,622 | $— | $34,851 | Verified |
| 2022 | $1,578,435 | — | — | −$781,813 | $796,622 | $— | $31,173 | Verified |
| 2021 | $1,441,202 | — | — | −$644,580 | $796,622 | $— | $34,357 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +5.6% | +5.6% | ~100% | Not available | Partial |
| 2024 | -10.2% | -10.2% | ~100% | 1.9800% | Verified |
| 2023 | +22.0% | +22.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +5.4% | +5.9% | +22.0% | 2024 | -5.2% | 2025 |
| Assessment Ratio | 100.0% | 66.3% | — | 100.0% | 2025 | 41.4% | 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 |
$37,374 | $34,407 | ~$42,573 | $37,374 | 2025 | $31,173 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,937,653 | ~$1,937,653 | ~2.0139% | ~$39,023 | +6.1% |
| 2027 | ~$2,055,825 | ~$2,055,825 | ~1.9814% | ~$40,734 | +12.6% |
| 2028 | ~$2,181,204 | ~$2,181,204 | ~1.9488% | ~$42,508 | +19.4% |
| 2029 | ~$2,314,230 | ~$2,314,230 | ~1.9163% | ~$44,347 | +26.7% |
| 2030 | ~$2,455,369 | ~$2,455,369 | ~1.8837% | ~$46,253 | +34.4% |
| 2026 | ~$1,901,127 | ~$1,901,127 | ~2.0465% | ~$38,906 | +4.1% |
| 2027 | ~$1,979,049 | ~$1,979,049 | ~2.0465% | ~$40,501 | +8.4% |
| 2028 | ~$2,060,165 | ~$2,060,165 | ~2.0465% | ~$42,161 | +12.8% |
| 2029 | ~$2,144,606 | ~$2,144,606 | ~2.0465% | ~$43,889 | +17.4% |
| 2030 | ~$2,232,508 | ~$2,232,508 | ~2.0465% | ~$45,688 | +22.2% |
| 2026 | ~$1,974,178 | ~$1,974,178 | ~1.9977% | ~$39,437 | +8.1% |
| 2027 | ~$2,134,062 | ~$2,134,062 | ~1.9488% | ~$41,589 | +16.9% |
| 2028 | ~$2,306,894 | ~$2,306,894 | ~1.9000% | ~$43,831 | +26.3% |
| 2029 | ~$2,493,723 | ~$2,493,723 | ~1.8512% | ~$46,164 | +36.5% |
| 2030 | ~$2,695,683 | ~$2,695,683 | ~1.8024% | ~$48,586 | +47.6% |
In 2025, this property's market value of $1,826,273 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +29% 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 | $1,826,273 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,926,273 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,578,435 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,578,435 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,441,202 | $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.