911 E ST ELMO RD TX 78745
| Owner | MUNDAY TRUST NUMBER ONE |
|---|---|
| Parcel ID | 0412030514 |
| Short ID | 316317 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 10,864 SF |
| Land SF | 118,396 SF |
| Acres | 2.718 |
| Year Built | 2009 |
| Legal | LOT 1 BLK A HENDRIX GMC SUBD |
| Neighborhood | 83SOU |
| Land | $2,811,905 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,811,905 |
| Improvement | $775,843 |
|---|---|
| Total Improvement | $775,843 |
| Market | $3,587,748 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,587,748 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,587,748 |
| Taxable Value | $3,587,748 |
|---|
Appreciation: Market value has risen +27.6% from $2,812,000 (2021) to $3,587,748 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. 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 $73,423. 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 78% of market value ($2,811,905 land vs $775,843 improvements), about $24/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,587,748, 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,864,970 by 2030, with an estimated annual tax burden around $91,644. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 69,556 SF | ✗ |
| 1ST | 1st Floor | 10,864 SF | ✓ |
| 541 | FENCE COMM LF | 350 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $33,193.84 | $33,193.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,800.41 | $18,800.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,484.37 | $13,484.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,234.37 | $4,234.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,709.73 | $3,709.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $73,422.72 | $73,422.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,814,623 | $3,587,748 | +6.3% |
| Assessed Value | $3,814,623 | $3,587,748 | +6.3% |
| Land Value | $2,811,905 | $2,811,905 | +0.0% |
| Improvement Value | $1,002,718 | $775,843 | +29.2% |
| Taxable Value | $3,814,623 | $3,587,748 | +6.3% |
| Total Tax 2026 = estimate |
~$78,066
Estimated
|
~$73,423
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,384,624 | $3,814,623 | -570,001 (-13.0%) |
| Taxable Value | $4,305,298 | $3,814,623 | -490,675 (-11.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,814,623 | $2,811,905 | $1,002,718 | — | $3,814,623 | $3,814,623 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,587,748 | $2,811,905 | $775,843 | — | $3,587,748 | $3,587,748 | ~$73,423 | Partial |
| 2024 | $4,247,724 | — | — | −$1,435,819 | $2,811,905 | $— | $73,565 | Verified |
| 2023 | $2,807,021 | — | — | — | $2,811,905 ! | $— | $76,852 | Verified |
| 2022 | $2,895,816 | — | — | −$1,119,876 | $1,775,940 | $— | $55,437 | Verified |
| 2021 | $2,812,000 | — | — | −$1,036,060 | $1,775,940 | $— | $63,033 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.2% | +20.0% | 98.2% | Not available | Partial |
| 2025 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2024 | -12.6% | -12.6% | ~100% | 1.9800% | Verified |
| 2023 | +51.3% | +51.3% | ~100% | 1.8100% | Verified |
| 2022 | -3.1% | -3.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.3% | +8.4% | +5.0% | +51.3% | 2024 | -15.5% | 2025 |
| Assessment Ratio | 100.0% | 81.8% | — | 100.2% | 2023 | 61.3% | 2022 |
| 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 |
$73,423 | $68,462 | ~$84,078 | $76,852 | 2023 | $55,437 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,813,060 | ~$3,813,060 | ~2.0139% | ~$76,793 | +6.3% |
| 2027 | ~$4,052,521 | ~$4,052,521 | ~1.9814% | ~$80,296 | +13.0% |
| 2028 | ~$4,307,020 | ~$4,307,020 | ~1.9488% | ~$83,937 | +20.0% |
| 2029 | ~$4,577,502 | ~$4,577,502 | ~1.9163% | ~$87,718 | +27.6% |
| 2030 | ~$4,864,970 | ~$4,864,970 | ~1.8837% | ~$91,644 | +35.6% |
| 2026 | ~$3,741,305 | ~$3,741,305 | ~2.0465% | ~$76,565 | +4.3% |
| 2027 | ~$3,901,433 | ~$3,901,433 | ~2.0465% | ~$79,842 | +8.7% |
| 2028 | ~$4,068,416 | ~$4,068,416 | ~2.0465% | ~$83,260 | +13.4% |
| 2029 | ~$4,242,545 | ~$4,242,545 | ~2.0465% | ~$86,823 | +18.3% |
| 2030 | ~$4,424,127 | ~$4,424,127 | ~2.0465% | ~$90,539 | +23.3% |
| 2026 | ~$3,884,814 | ~$3,884,814 | ~1.9977% | ~$77,605 | +8.3% |
| 2027 | ~$4,206,478 | ~$4,206,478 | ~1.9488% | ~$81,978 | +17.2% |
| 2028 | ~$4,554,776 | ~$4,554,776 | ~1.9000% | ~$86,542 | +27.0% |
| 2029 | ~$4,931,912 | ~$4,931,912 | ~1.8512% | ~$91,299 | +37.5% |
| 2030 | ~$5,340,276 | ~$5,340,276 | ~1.8024% | ~$96,252 | +48.8% |
In 2025, this property's market value of $3,587,748 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +153% 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 | $3,587,748 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,247,724 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,807,021 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,895,816 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,812,000 | $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.