8801 TARA LN AUSTIN, TX 78737
| Owner | JMG MANAGEMENT GROUP LLC |
|---|---|
| Parcel ID | 0408550403 |
| Short ID | 312284 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,420 SF |
| Land SF | 120,008 SF |
| Acres | 2.755 |
| Year Built | 1983 |
| Legal | LOT 1 BLK B ASHLEY OAKS |
| Neighborhood | 61SOU |
| Land | $1,530,099 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,530,099 |
| Improvement | $571,665 |
|---|---|
| Total Improvement | $571,665 |
| Market | $2,101,764 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,101,764 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,101,764 |
| Taxable Value | $2,101,764 |
|---|
Appreciation: Market value has risen +79.4% from $1,171,846 (2021) to $2,101,764 (2025), a CAGR of 15.7% over 4 years. This is strong appreciation — well above typical inflation. 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 1.5815% in 2025 (+0.0243% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $33,239. Austin ISD is the largest single contributor, at 58.5% 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 73% of market value ($1,530,099 land vs $571,665 improvements), about $13/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 $2,101,764, 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 +15.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,362,402 by 2030, with an estimated annual tax burden around $48,487. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,420 SF | ✓ |
| 551 | PAVED AREA | 8,776 SF | ✗ |
| 881 | COMMCL FINISHOUT | 2,460 SF | ✓ |
| 073 | OBS HEAT CEILING | 2 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% | $19,445.52 | $19,445.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,899.37 | $7,899.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,480.56 | $2,480.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,173.22 | $2,173.22 | Paid |
| E03 Travis County ESD # 03 | 0.0650% | 0.0450% | 0.0400% | 0.0530% | 0.0590% | +0.0060% | $1,240.04 | $1,240.04 | Paid |
| Combined Rate | 1.7007% | 1.5572% | 1.4034% | 1.5572% | 1.5815% | +0.0243% | $33,238.71 | $33,238.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,269,350 | $2,101,764 | +8.0% |
| Assessed Value | $2,269,350 | $2,101,764 | +8.0% |
| Land Value | $1,530,099 | $1,530,099 | +0.0% |
| Improvement Value | $739,251 | $571,665 | +29.3% |
| Taxable Value | $2,269,350 | $2,101,764 | +8.0% |
| Total Tax 2026 = estimate |
~$35,889
Estimated
|
~$33,239
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,787,008 | $2,269,350 | -517,658 (-18.6%) |
| Taxable Value | $2,522,117 | $2,269,350 | -252,767 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,269,350 | $1,530,099 | $739,251 | — | $2,269,350 | $2,269,350 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,101,764 | $1,530,099 | $571,665 | — | $2,101,764 | $2,101,764 | ~$33,239 | Partial |
| 2024 | $2,368,464 | — | — | −$838,365 | $1,530,099 | $— | $32,610 | Verified |
| 2023 | $1,592,252 | — | — | −$62,153 | $1,530,099 | $— | $33,240 | Verified |
| 2022 | $1,592,252 | — | — | −$572,186 | $1,020,066 | $— | $24,795 | Verified |
| 2021 | $1,171,846 | — | — | −$151,780 | $1,020,066 | $— | $27,079 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.6% | +20.0% | 90.5% | Not available | Partial |
| 2025 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2024 | -11.6% | -11.6% | ~100% | 1.5600% | Verified |
| 2023 | +48.7% | +48.7% | ~100% | 1.4000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.5600% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.0% | +16.3% | +14.0% | +48.7% | 2024 | -11.3% | 2025 |
| Assessment Ratio | 100.0% | 85.3% | — | 100.0% | 2025 | 64.1% | 2022 |
| Effective Tax Rate (2025) | 1.5800% | 1.5800% | — | 1.5800% | 2025 | 1.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$33,239 | $30,193 | ~$41,960 | $33,240 | 2023 | $24,795 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,432,273 | ~$2,311,940 | ~1.5517% | ~$35,874 | +15.7% |
| 2027 | ~$2,814,755 | ~$2,543,134 | ~1.5219% | ~$38,703 | +33.9% |
| 2028 | ~$3,257,384 | ~$2,797,448 | ~1.4921% | ~$41,740 | +55.0% |
| 2029 | ~$3,769,618 | ~$3,077,193 | ~1.4623% | ~$44,996 | +79.4% |
| 2030 | ~$4,362,402 | ~$3,384,912 | ~1.4325% | ~$48,487 | +107.6% |
| 2026 | ~$2,390,238 | ~$2,311,940 | ~1.5815% | ~$36,563 | +13.7% |
| 2027 | ~$2,718,305 | ~$2,543,134 | ~1.5815% | ~$40,219 | +29.3% |
| 2028 | ~$3,091,401 | ~$2,797,448 | ~1.5815% | ~$44,241 | +47.1% |
| 2029 | ~$3,515,705 | ~$3,077,193 | ~1.5815% | ~$48,665 | +67.3% |
| 2030 | ~$3,998,247 | ~$3,384,912 | ~1.5815% | ~$53,531 | +90.2% |
| 2026 | ~$2,474,308 | ~$2,311,940 | ~1.5368% | ~$35,529 | +17.7% |
| 2027 | ~$2,912,887 | ~$2,543,134 | ~1.4921% | ~$37,945 | +38.6% |
| 2028 | ~$3,429,205 | ~$2,797,448 | ~1.4474% | ~$40,489 | +63.2% |
| 2029 | ~$4,037,042 | ~$3,077,193 | ~1.4027% | ~$43,162 | +92.1% |
| 2030 | ~$4,752,621 | ~$3,384,912 | ~1.3579% | ~$45,965 | +126.1% |
In 2025, this property's market value of $2,101,764 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +48% 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 | $2,101,764 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,368,464 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,592,252 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,592,252 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,171,846 | $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.