4638 WEST GATE BLVD TX 78745
| Owner | EMMA & NOAH LLC |
|---|---|
| Parcel ID | 0408130417 |
| Short ID | 509359 |
| Type | Real |
| Use Code | 54 Medical Office (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,164 SF |
| Land SF | 8,855 SF |
| Acres | 0.203 |
| Year Built | 2020 |
| Legal | LOT 12 WEST GATE WEST |
| Neighborhood | 54SOU |
| Land | $177,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $177,100 |
| Improvement | $1,384,324 |
|---|---|
| Total Improvement | $1,384,324 |
| Market | $1,561,424 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,561,424 |
| Value Limitation Adjustment (−) (homestead cap) | −$27,187 |
| Net Appraised (assessed) | $1,534,237 |
| Taxable Value | $1,534,237 |
|---|
Appreciation: Market value has risen +125.3% from $693,000 (2021) to $1,561,424 (2025), a CAGR of 22.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $31,398. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,534,237) is $27,187 below market value, suggesting potential for an upward assessment in future years.
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 11% of market value ($177,100 land vs $1,384,324 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,561,424, 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 +22.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,310,279 by 2030, with an estimated annual tax burden around $46,545. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,164 SF | ✓ |
Market value changed by 343% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $14,194.76 | $14,194.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,039.66 | $8,039.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,766.35 | $5,766.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,810.75 | $1,810.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,586.40 | $1,586.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,397.92 | $31,397.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,007,130 | $1,561,424 | -35.5% |
| Assessed Value | $1,007,130 | $1,534,237 | -34.4% |
| Land Value | $177,100 | $177,100 | +0.0% |
| Improvement Value | $830,030 | $1,384,324 | -40.0% |
| Taxable Value | $1,007,130 | $1,534,237 | -34.4% |
| Total Tax 2026 = estimate |
~$20,611
Estimated
|
~$31,398
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,106,736 | $1,007,130 | -99,606 (-9.0%) |
| Taxable Value | $1,106,736 | $1,007,130 | -99,606 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,007,130 | $177,100 | $830,030 | — | $1,007,130 | $1,007,130 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,561,424 | $177,100 | $1,384,324 | −$27,187 | $1,534,237 | $1,534,237 | ~$31,398 | Partial |
| 2024 | $580,438 | — | — | −$403,338 | $177,100 | $— | $25,338 | Verified |
| 2023 | $788,372 | — | — | −$611,272 | $177,100 | $— | $10,502 | Verified |
| 2022 | $833,853 | — | — | −$656,753 | $177,100 | $— | $15,570 | Verified |
| 2021 | $693,000 | — | — | −$515,900 | $177,100 | $— | $18,150 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -29.1% | -27.9% | ~100% | Not available | Partial |
| 2025 | -39.3% | +10.7% | 98.3% | Not available | Partial |
| 2024 | +343.2% ! | +138.7% | 53.9% | 0.9900% | Verified |
| 2023 | -30.8% | -30.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +87.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -35.5% | +24.4% | +36.0% | +169.0% | 2025 | -35.5% | 2026 |
| Assessment Ratio | 100.0% | 49.7% | — | 100.0% | 2026 | 21.2% | 2022 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,398 | $20,192 | ~$40,032 | $31,398 | 2025 | $10,502 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,913,012 | ~$1,687,661 | ~2.0139% | ~$33,988 | +22.5% |
| 2027 | ~$2,343,768 | ~$1,856,427 | ~1.9814% | ~$36,783 | +50.1% |
| 2028 | ~$2,871,518 | ~$2,042,069 | ~1.9488% | ~$39,797 | +83.9% |
| 2029 | ~$3,518,102 | ~$2,246,276 | ~1.9163% | ~$43,045 | +125.3% |
| 2030 | ~$4,310,279 | ~$2,470,904 | ~1.8837% | ~$46,545 | +176.0% |
| 2026 | ~$1,881,784 | ~$1,687,661 | ~2.0465% | ~$34,538 | +20.5% |
| 2027 | ~$2,267,872 | ~$1,856,427 | ~2.0465% | ~$37,992 | +45.2% |
| 2028 | ~$2,733,175 | ~$2,042,069 | ~2.0465% | ~$41,791 | +75.0% |
| 2029 | ~$3,293,945 | ~$2,246,276 | ~2.0465% | ~$45,970 | +111.0% |
| 2030 | ~$3,969,769 | ~$2,470,904 | ~2.0465% | ~$50,567 | +154.2% |
| 2026 | ~$1,944,241 | ~$1,687,661 | ~1.9977% | ~$33,714 | +24.5% |
| 2027 | ~$2,420,913 | ~$1,856,427 | ~1.9488% | ~$36,179 | +55.0% |
| 2028 | ~$3,014,452 | ~$2,042,069 | ~1.9000% | ~$38,800 | +93.1% |
| 2029 | ~$3,753,510 | ~$2,246,276 | ~1.8512% | ~$41,583 | +140.4% |
| 2030 | ~$4,673,764 | ~$2,470,904 | ~1.8024% | ~$44,535 | +199.3% |
In 2025, this property's market value of $1,561,424 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +10% 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 | $1,561,424 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $580,438 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $788,372 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $833,853 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $693,000 | $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.