5601 BRODIE LN TX 78745
| Owner | RREEF AMERICA REIT II PORTFOLIO LP |
|---|---|
| Parcel ID | 0410210203 |
| Short ID | 484504 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 233,944 SF |
| Land SF | 1,727,633 SF |
| Acres | 39.661 |
| Year Built | 1998 |
| Legal | LOT 1A SUNSET VALLEY VILLAGE SUBD SEC 1 SECOND RESUB OF LOT 1 BLK F |
| Neighborhood | 41SOU |
| Land | $20,731,596 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,731,596 |
| Improvement | $47,943,404 |
|---|---|
| Total Improvement | $47,943,404 |
| Market | $68,675,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $68,675,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $68,675,000 |
| Taxable Value | $68,675,000 |
|---|
Appreciation: Market value has fallen -6.3% from $73,295,913 (2021) to $68,675,000 (2025), a CAGR of -1.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2023), 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 4 taxing entities is 1.5225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,045,555. Austin ISD is the largest single contributor, at 60.8% 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 30% of market value ($20,731,596 land vs $47,943,404 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $68,675,000, this parcel sits in the top quartile (≥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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $63,306,354 by 2030, with an estimated annual tax burden around $874,232. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 282,735 SF | ✗ |
| 491 | SPRINKLER HEADS | 235,134 SF | ✗ |
| 1ST | 1st Floor | 233,944 SF | ✓ |
| 611 | TERRACE | 9,453 SF | ✗ |
| 501 | CANOPY | 9,009 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,191 SF | ✓ |
| 407 | LOADING DOCK | 280 SF | ✓ |
| 482 | LIGHT POLES | 72 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% | $635,381.10 | $635,381.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $258,111.55 | $258,111.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $81,052.30 | $81,052.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $71,009.95 | $71,009.95 | Paid |
| Combined Rate | 1.6357% | 1.5122% | 1.3634% | 1.5042% | 1.5225% | +0.0183% | $1,045,554.90 | $1,045,554.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $69,950,000 | $68,675,000 | +1.9% |
| Assessed Value | $69,950,000 | $68,675,000 | +1.9% |
| Land Value | $20,731,596 | $20,731,596 | +0.0% |
| Improvement Value | $49,218,404 | $47,943,404 | +2.7% |
| Taxable Value | $69,950,000 | $68,675,000 | +1.9% |
| Total Tax 2026 = estimate |
~$1,064,966
Estimated
|
~$1,045,555
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $69,950,000 | $69,950,000 | +0 (+0.0%) |
| Taxable Value | $69,950,000 | $69,950,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $69,950,000 | $20,731,596 | $49,218,404 | — | $69,950,000 | $69,950,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $68,675,000 | $20,731,596 | $47,943,404 | — | $68,675,000 | $68,675,000 | ~$1,045,555 | Partial |
| 2024 | $68,745,274 | — | — | −$48,013,678 | $20,731,596 | $— | $1,032,643 | Verified |
| 2023 | $66,700,000 | — | — | −$45,968,404 | $20,731,596 | $— | $937,305 | Verified |
| 2022 | $— | — | — | — | $17,276,330 | $— | $1,008,653 | Verified |
| 2021 | $73,295,913 | — | — | −$56,019,583 | $17,276,330 | $— | $1,063,191 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.9% | +1.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.5000% | Verified |
| 2023 | -3.2% | -3.2% | ~100% | 1.3600% | Verified |
| 2022 | +7.1% | +7.1% | ~100% | 1.4200% | Verified |
| 2021 | base year | — | ~100% | 1.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.9% | -1.0% | -2.0% | +3.1% | 2024 | -9.0% | 2023 |
| Assessment Ratio | 100.0% | 57.0% | — | 100.0% | 2025 | 23.6% | 2021 |
| Effective Tax Rate (2025) | 1.5200% | 1.5200% | — | 1.5200% | 2025 | 1.5200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,045,555 | $1,019,674 | ~$941,038 | $1,063,191 | 2021 | $937,305 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$67,566,029 | ~$67,566,029 | ~1.4942% | ~$1,009,548 | -1.6% |
| 2027 | ~$66,474,966 | ~$66,474,966 | ~1.4659% | ~$974,432 | -3.2% |
| 2028 | ~$65,401,521 | ~$65,401,521 | ~1.4376% | ~$940,186 | -4.8% |
| 2029 | ~$64,345,411 | ~$64,345,411 | ~1.4093% | ~$906,792 | -6.3% |
| 2030 | ~$63,306,354 | ~$63,306,354 | ~1.3810% | ~$874,232 | -7.8% |
| 2026 | ~$66,192,529 | ~$66,192,529 | ~1.5225% | ~$1,007,760 | -3.6% |
| 2027 | ~$63,799,795 | ~$63,799,795 | ~1.5225% | ~$971,331 | -7.1% |
| 2028 | ~$61,493,553 | ~$61,493,553 | ~1.5225% | ~$936,220 | -10.5% |
| 2029 | ~$59,270,678 | ~$59,270,678 | ~1.5225% | ~$902,377 | -13.7% |
| 2030 | ~$57,128,155 | ~$57,128,155 | ~1.5225% | ~$869,758 | -16.8% |
| 2026 | ~$68,939,529 | ~$68,939,529 | ~1.4800% | ~$1,020,315 | +0.4% |
| 2027 | ~$69,205,077 | ~$69,205,077 | ~1.4376% | ~$994,864 | +0.8% |
| 2028 | ~$69,471,648 | ~$69,471,648 | ~1.3951% | ~$969,203 | +1.2% |
| 2029 | ~$69,739,245 | ~$69,739,245 | ~1.3527% | ~$943,329 | +1.5% |
| 2030 | ~$70,007,874 | ~$70,007,874 | ~1.3102% | ~$917,241 | +1.9% |
In 2025, this property's market value of $68,675,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 48× 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 | $68,675,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $68,745,274 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $66,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $73,295,913 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.