6400 BRODIE LN TX 78749
| Owner | LOWE'S HOME CENTERS INC |
|---|---|
| Parcel ID | 0412230223 |
| Short ID | 776903 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 134,606 SF |
| Land SF | 1,003,769 SF |
| Acres | 23.043 |
| Year Built | 2005 |
| Legal | LOT 1 GARZA BRODIE SUBD |
| Neighborhood | 46SOU |
| Land | $8,130,529 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,130,529 |
| Improvement | $2,869,471 |
|---|---|
| Total Improvement | $2,869,471 |
| Market | $11,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,000,000 |
| Taxable Value | $11,000,000 |
|---|
Appreciation: Market value has risen +2.3% from $10,750,000 (2021) to $11,000,000 (2025), a CAGR of 0.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $225,113. 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 74% of market value ($8,130,529 land vs $2,869,471 improvements), about $8/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 $11,000,000, 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 +0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,320,692 by 2030, with an estimated annual tax burden around $213,253. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 325,263 SF | ✗ |
| 491 | SPRINKLER HEADS | 147,806 SF | ✗ |
| 1ST | 1st Floor | 134,606 SF | ✓ |
| 611 | TERRACE | 27,593 SF | ✗ |
| 501 | CANOPY | 19,119 SF | ✗ |
| 482 | LIGHT POLES | 75 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% | $101,772.00 | $101,772.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $57,641.87 | $57,641.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,342.95 | $41,342.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,982.53 | $12,982.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,374.00 | $11,374.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $225,113.35 | $225,113.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,206,899 | $11,000,000 | +47.3% |
| Assessed Value | $16,206,899 | $11,000,000 | +47.3% |
| Land Value | $8,130,529 | $8,130,529 | +0.0% |
| Improvement Value | $8,076,370 | $2,869,471 | +181.5% |
| Taxable Value | $16,206,899 | $11,000,000 | +47.3% |
| Total Tax 2026 = estimate |
~$331,672
Estimated
|
~$225,113
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,206,890 | $16,206,899 | +9 (+0.0%) |
| Taxable Value | $16,206,890 | $16,206,899 | +9 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,206,899 | $8,130,529 | $8,076,370 | — | $16,206,899 | $16,206,899 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,000,000 | $8,130,529 | $2,869,471 | — | $11,000,000 | $11,000,000 | ~$225,113 | Partial |
| 2024 | $10,875,000 | — | — | −$2,744,471 | $8,130,529 | $— | $216,280 | Verified |
| 2023 | $10,875,000 | — | — | −$837,310 | $10,037,690 | $— | $199,430 | Verified |
| 2022 | $11,037,000 | — | — | −$999,310 | $10,037,690 | $— | $214,933 | Verified |
| 2021 | $10,750,000 | — | — | −$712,310 | $10,037,690 | $— | $236,884 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +47.3% | +47.3% | ~100% | Not available | Partial |
| 2025 | -5.4% | -5.4% | ~100% | Not available | Partial |
| 2024 | -14.5% | -14.5% | ~100% | 1.8600% | Verified |
| 2023 | +23.1% | +23.1% | ~100% | 1.4700% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +47.3% | +9.9% | -5.9% | +47.3% | 2026 | -1.5% | 2023 |
| Assessment Ratio | 100.0% | 91.9% | — | 100.0% | 2025 | 74.8% | 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 |
$225,113 | $218,528 | ~$218,066 | $236,884 | 2021 | $199,430 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,063,403 | ~$11,063,403 | ~2.0139% | ~$222,810 | +0.6% |
| 2027 | ~$11,127,172 | ~$11,127,172 | ~1.9814% | ~$220,472 | +1.2% |
| 2028 | ~$11,191,308 | ~$11,191,308 | ~1.9488% | ~$218,101 | +1.7% |
| 2029 | ~$11,255,814 | ~$11,255,814 | ~1.9163% | ~$215,694 | +2.3% |
| 2030 | ~$11,320,692 | ~$11,320,692 | ~1.8837% | ~$213,253 | +2.9% |
| 2026 | ~$10,843,403 | ~$10,843,403 | ~2.0465% | ~$221,909 | -1.4% |
| 2027 | ~$10,689,036 | ~$10,689,036 | ~2.0465% | ~$218,750 | -2.8% |
| 2028 | ~$10,536,866 | ~$10,536,866 | ~2.0465% | ~$215,635 | -4.2% |
| 2029 | ~$10,386,862 | ~$10,386,862 | ~2.0465% | ~$212,566 | -5.6% |
| 2030 | ~$10,238,994 | ~$10,238,994 | ~2.0465% | ~$209,539 | -6.9% |
| 2026 | ~$11,283,403 | ~$11,283,403 | ~1.9977% | ~$225,404 | +2.6% |
| 2027 | ~$11,574,108 | ~$11,574,108 | ~1.9488% | ~$225,561 | +5.2% |
| 2028 | ~$11,872,302 | ~$11,872,302 | ~1.9000% | ~$225,576 | +7.9% |
| 2029 | ~$12,178,180 | ~$12,178,180 | ~1.8512% | ~$225,442 | +10.7% |
| 2030 | ~$12,491,937 | ~$12,491,937 | ~1.8024% | ~$225,151 | +13.6% |
In 2025, this property's market value of $11,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,875,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,875,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,037,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,750,000 | $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.