4004 WOODBURY DR TX 78704
| Owner | WOODBURY PLAZA INC |
|---|---|
| Parcel ID | 0410030515 |
| Short ID | 313604 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,625 SF |
| Land SF | 28,560 SF |
| Acres | 0.656 |
| Year Built | 1984 |
| Legal | LOT B WOODBURY PLAZA |
| Neighborhood | 61CEN |
| Land | $2,570,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,570,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,857,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,857,712 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,857,712 |
| Taxable Value | $1,857,712 |
|---|
Appreciation: Market value has risen +60.4% from $1,158,502 (2021) to $1,857,712 (2025), a CAGR of 12.5% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $38,018. 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 138% of market value ($2,570,400 land vs $0 improvements), about $90/SF of land. With value concentrated in the land under a ~42-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 $1,857,712, 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 +12.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,352,204 by 2030, with an estimated annual tax burden around $56,359. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,625 SF | ✓ |
| 881 | COMMCL FINISHOUT | 1,350 SF | ✓ |
| 328 | MEZZ COMM (STG) | 1,050 SF | ✓ |
Market value changed by 136% in 2023, 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% | $17,187.55 | $17,187.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,734.73 | $9,734.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,982.12 | $6,982.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,192.53 | $2,192.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,920.87 | $1,920.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,017.80 | $38,017.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,434,668 | $1,857,712 | +31.1% |
| Assessed Value | $2,229,254 | $1,857,712 | +20.0% |
| Land Value | $2,570,400 | $2,570,400 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,229,254 | $1,857,712 | +20.0% |
| HS Cap Loss | -$205,414 | — | |
| Total Tax 2026 = estimate |
~$45,621
Estimated
|
~$38,018
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,434,668 | $2,434,668 | +0 (+0.0%) |
| Taxable Value | $2,229,254 | $2,229,254 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,434,668 | $2,570,400 | — | −$205,414 | $2,229,254 | $2,229,254 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,857,712 | $2,570,400 | — | — | $1,857,712 | $1,857,712 | ~$38,018 | Partial |
| 2024 | $2,721,667 | — | — | −$863,955 | $1,857,712 | $— | $36,816 | Verified |
| 2023 | $1,154,584 | — | — | — | $2,570,400 ! | $— | $49,242 | Verified |
| 2022 | $1,154,584 | — | — | −$126,424 | $1,028,160 | $— | $22,802 | Verified |
| 2021 | $1,158,502 | — | — | −$130,342 | $1,028,160 | $— | $25,132 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.1% | +20.0% | 91.6% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -31.7% | -31.7% | ~100% | 1.9800% | Verified |
| 2023 | +135.7% ! | +135.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.1% | +27.0% | +7.2% | +135.7% | 2024 | -31.7% | 2025 |
| Assessment Ratio | 91.6% | 110.0% | — | 222.6% | 2023 | 68.3% | 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 |
$38,018 | $34,402 | ~$48,472 | $49,242 | 2023 | $22,802 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,090,493 | ~$2,043,483 | ~2.0139% | ~$41,154 | +12.5% |
| 2027 | ~$2,352,443 | ~$2,247,832 | ~1.9814% | ~$44,538 | +26.6% |
| 2028 | ~$2,647,217 | ~$2,472,615 | ~1.9488% | ~$48,187 | +42.5% |
| 2029 | ~$2,978,928 | ~$2,719,876 | ~1.9163% | ~$52,121 | +60.4% |
| 2030 | ~$3,352,204 | ~$2,991,864 | ~1.8837% | ~$56,359 | +80.4% |
| 2026 | ~$2,053,339 | ~$2,043,483 | ~2.0465% | ~$41,820 | +10.5% |
| 2027 | ~$2,269,567 | ~$2,247,832 | ~2.0465% | ~$46,002 | +22.2% |
| 2028 | ~$2,508,564 | ~$2,472,615 | ~2.0465% | ~$50,602 | +35.0% |
| 2029 | ~$2,772,730 | ~$2,719,876 | ~2.0465% | ~$55,662 | +49.3% |
| 2030 | ~$3,064,713 | ~$2,991,864 | ~2.0465% | ~$61,228 | +65.0% |
| 2026 | ~$2,127,648 | ~$2,043,483 | ~1.9977% | ~$40,822 | +14.5% |
| 2027 | ~$2,436,806 | ~$2,247,832 | ~1.9488% | ~$43,807 | +31.2% |
| 2028 | ~$2,790,887 | ~$2,472,615 | ~1.9000% | ~$46,980 | +50.2% |
| 2029 | ~$3,196,418 | ~$2,719,876 | ~1.8512% | ~$50,350 | +72.1% |
| 2030 | ~$3,660,875 | ~$2,991,864 | ~1.8024% | ~$53,924 | +97.1% |
In 2025, this property's market value of $1,857,712 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +31% 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 | $1,857,712 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,721,667 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,154,584 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,154,584 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,158,502 | $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.