210 E ST ELMO RD TX 78745
| Owner | GPT ST ELMO ROAD OWNER LLC |
|---|---|
| Parcel ID | 0412040539 |
| Short ID | 316356 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 96,194 SF |
| Land SF | 183,823 SF |
| Acres | 4.220 |
| Year Built | 1961 |
| Legal | TRT 1 LONE STAR SUBD |
| Neighborhood | 60SOU |
| Land | $6,433,805 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,433,805 |
| Improvement | $8,566,195 |
|---|---|
| Total Improvement | $8,566,195 |
| Market | $15,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,000,000 |
| Taxable Value | $15,000,000 |
|---|
Appreciation: Market value has risen +30.4% from $11,500,000 (2021) to $15,000,000 (2025), a CAGR of 6.9% 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 $306,973. 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 43% of market value ($6,433,805 land vs $8,566,195 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~65 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,000,000, 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 +6.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,908,989 by 2030, with an estimated annual tax burden around $393,872. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 102,194 SF | ✗ |
| 1ST | 1st Floor | 96,194 SF | ✓ |
| 551 | PAVED AREA | 55,100 SF | ✗ |
| 881 | COMMCL FINISHOUT | 12,742 SF | ✓ |
| MEZZ | Mezzanine | 6,000 SF | ✓ |
| SO | Sketch Only | 6,000 SF | ✗ |
| 501 | CANOPY | 4,591 SF | ✗ |
| 407 | LOADING DOCK | 4,251 SF | ✓ |
| 611 | TERRACE | 189 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $130,817.78 | $130,817.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $74,092.89 | $74,092.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $53,142.25 | $53,142.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,687.75 | $16,687.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,620.15 | $14,620.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $289,360.82 | $289,360.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,000,000 | $15,000,000 | +0.0% |
| Assessed Value | $15,000,000 | $15,000,000 | +0.0% |
| Land Value | $6,433,805 | $6,433,805 | +0.0% |
| Improvement Value | $8,566,195 | $8,566,195 | +0.0% |
| Taxable Value | $15,000,000 | $15,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$306,973
Estimated
|
~$289,361
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,000,000 | $15,000,000 | +0 (+0.0%) |
| Taxable Value | $15,000,000 | $15,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,000,000 | $6,433,805 | $8,566,195 | — | $15,000,000 | $15,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,000,000 | $6,433,805 | $8,566,195 | — | $15,000,000 | $15,000,000 | ~$289,361 | Partial |
| 2024 | $15,815,544 | — | — | −$9,381,739 | $6,433,805 | $— | $282,584 | Verified |
| 2023 | $11,825,000 | — | — | −$5,391,195 | $6,433,805 | $— | $246,531 | Verified |
| 2022 | $12,755,000 | — | — | −$6,321,195 | $6,433,805 | $— | $235,780 | Verified |
| 2021 | $11,500,000 | — | — | −$5,066,195 | $6,433,805 | $— | $247,490 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7900% | Verified |
| 2023 | +12.2% | +12.2% | ~100% | 1.5600% | Verified |
| 2022 | +10.5% | +10.5% | ~100% | 1.6700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.4% | +6.9% | +33.7% | 2024 | -7.3% | 2023 |
| Assessment Ratio | 100.0% | 66.9% | — | 100.0% | 2025 | 40.7% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$289,361 | $260,349 | ~$357,573 | $289,361 | 2025 | $235,780 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,030,225 | ~$16,030,225 | ~2.0139% | ~$322,839 | +6.9% |
| 2027 | ~$17,131,207 | ~$17,131,207 | ~1.9814% | ~$339,436 | +14.2% |
| 2028 | ~$18,307,807 | ~$18,307,807 | ~1.9488% | ~$356,790 | +22.1% |
| 2029 | ~$19,565,217 | ~$19,565,217 | ~1.9163% | ~$374,926 | +30.4% |
| 2030 | ~$20,908,989 | ~$20,908,989 | ~1.8837% | ~$393,872 | +39.4% |
| 2026 | ~$15,730,225 | ~$15,730,225 | ~2.0465% | ~$321,917 | +4.9% |
| 2027 | ~$16,495,998 | ~$16,495,998 | ~2.0465% | ~$337,588 | +10.0% |
| 2028 | ~$17,299,051 | ~$17,299,051 | ~2.0465% | ~$354,022 | +15.3% |
| 2029 | ~$18,141,197 | ~$18,141,197 | ~2.0465% | ~$371,257 | +20.9% |
| 2030 | ~$19,024,341 | ~$19,024,341 | ~2.0465% | ~$389,330 | +26.8% |
| 2026 | ~$16,330,225 | ~$16,330,225 | ~1.9977% | ~$326,223 | +8.9% |
| 2027 | ~$17,778,416 | ~$17,778,416 | ~1.9488% | ~$346,473 | +18.5% |
| 2028 | ~$19,355,036 | ~$19,355,036 | ~1.9000% | ~$367,749 | +29.0% |
| 2029 | ~$21,071,472 | ~$21,071,472 | ~1.8512% | ~$390,074 | +40.5% |
| 2030 | ~$22,940,125 | ~$22,940,125 | ~1.8024% | ~$413,466 | +52.9% |
In 2025, this property's market value of $15,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,815,544 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,825,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,755,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,500,000 | $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.