4301 RUSSELL DR TX 78745
| Owner | BH1 LLC |
|---|---|
| Parcel ID | 0408120803 |
| Short ID | 509330 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,204 SF |
| Land SF | 12,600 SF |
| Acres | 0.289 |
| Year Built | 1973 |
| Legal | LOT 8 BLK F FORD PLACE 1 |
| Neighborhood | 59SCN |
| Land | $567,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $567,000 |
| Improvement | $408,506 |
|---|---|
| Total Improvement | $408,506 |
| Market | $975,506 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $975,506 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $975,506 |
| Taxable Value | $975,506 |
|---|
Appreciation: Market value has risen +4.2% from $935,856 (2021) to $975,506 (2025), a CAGR of 1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $19,964. 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 58% of market value ($567,000 land vs $408,506 improvements), about $45/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $975,506, 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 +1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,027,439 by 2030, with an estimated annual tax burden around $19,354. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,300 SF | ✗ |
| 1ST | 1st Floor | 3,204 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 276 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% | $9,025.38 | $9,025.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,111.82 | $5,111.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,666.39 | $3,666.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,151.32 | $1,151.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,008.67 | $1,008.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,963.58 | $19,963.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,111,039 | $975,506 | +13.9% |
| Assessed Value | $1,111,039 | $975,506 | +13.9% |
| Land Value | $567,000 | $567,000 | +0.0% |
| Improvement Value | $544,039 | $408,506 | +33.2% |
| Taxable Value | $1,111,039 | $975,506 | +13.9% |
| Total Tax 2026 = estimate |
~$22,737
Estimated
|
~$19,964
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,457,542 | $1,111,039 | -346,503 (-23.8%) |
| Taxable Value | $1,170,607 | $1,111,039 | -59,568 (-5.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,111,039 | $567,000 | $544,039 | — | $1,111,039 | $1,111,039 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $975,506 | $567,000 | $408,506 | — | $975,506 | $975,506 | ~$19,964 | Partial |
| 2024 | $970,482 | — | — | −$403,482 | $567,000 | $— | $21,952 | Verified |
| 2023 | $940,000 | — | — | −$373,000 | $567,000 | $— | $17,558 | Verified |
| 2022 | $940,000 | — | — | −$310,000 | $630,000 | $— | $18,564 | Verified |
| 2021 | $935,856 | — | — | −$305,856 | $630,000 | $— | $20,461 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +49.4% | +20.0% | 80.3% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | +14.1% | +14.1% | ~100% | 1.9800% | Verified |
| 2023 | +1.3% | +1.3% | ~100% | 1.8100% | Verified |
| 2022 | +1.9% | +1.9% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.9% | +3.6% | -1.4% | +13.9% | 2026 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 75.5% | — | 100.0% | 2025 | 58.4% | 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 |
$19,964 | $19,700 | ~$19,607 | $21,952 | 2024 | $17,558 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$985,678 | ~$985,678 | ~2.0139% | ~$19,851 | +1.0% |
| 2027 | ~$995,957 | ~$995,957 | ~1.9814% | ~$19,734 | +2.1% |
| 2028 | ~$1,006,342 | ~$1,006,342 | ~1.9488% | ~$19,612 | +3.2% |
| 2029 | ~$1,016,836 | ~$1,016,836 | ~1.9163% | ~$19,486 | +4.2% |
| 2030 | ~$1,027,439 | ~$1,027,439 | ~1.8837% | ~$19,354 | +5.3% |
| 2026 | ~$966,168 | ~$966,168 | ~2.0465% | ~$19,772 | -1.0% |
| 2027 | ~$956,920 | ~$956,920 | ~2.0465% | ~$19,583 | -1.9% |
| 2028 | ~$947,760 | ~$947,760 | ~2.0465% | ~$19,396 | -2.8% |
| 2029 | ~$938,687 | ~$938,687 | ~2.0465% | ~$19,210 | -3.8% |
| 2030 | ~$929,702 | ~$929,702 | ~2.0465% | ~$19,026 | -4.7% |
| 2026 | ~$1,005,188 | ~$1,005,188 | ~1.9977% | ~$20,080 | +3.0% |
| 2027 | ~$1,035,774 | ~$1,035,774 | ~1.9488% | ~$20,186 | +6.2% |
| 2028 | ~$1,067,290 | ~$1,067,290 | ~1.9000% | ~$20,279 | +9.4% |
| 2029 | ~$1,099,765 | ~$1,099,765 | ~1.8512% | ~$20,359 | +12.7% |
| 2030 | ~$1,133,229 | ~$1,133,229 | ~1.8024% | ~$20,425 | +16.2% |
In 2025, this property's market value of $975,506 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% 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 | $975,506 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $970,482 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $940,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $940,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $935,856 | $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.