4110 SANTIAGO ST TX 78745
| Owner | COMMERCIAL METALS COMPANY |
|---|---|
| Parcel ID | 0413010602 |
| Short ID | 319251 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 23,195 SF |
| Land SF | 117,612 SF |
| Acres | 2.700 |
| Year Built | 1984 |
| Legal | LOT 1A INTERSTATE 35 INDUSTRIAL PARK III AMENDED |
| Neighborhood | 60SOU |
| Land | $4,116,420 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,116,420 |
| Improvement | $101,080 |
|---|---|
| Total Improvement | $101,080 |
| Market | $4,217,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,217,500 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,217,500 |
| Taxable Value | $4,217,500 |
|---|
Appreciation: Market value has risen +48.0% from $2,850,000 (2021) to $4,217,500 (2025), a CAGR of 10.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $86,311. 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 98% of market value ($4,116,420 land vs $101,080 improvements), about $35/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 $4,217,500, 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 +10.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,883,636 by 2030, with an estimated annual tax burden around $127,950. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 157,420 SF | ✗ |
| 1ST | 1st Floor | 23,195 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,750 SF | ✓ |
| 611 | TERRACE | 1,340 SF | ✗ |
| 541 | FENCE COMM LF | 150 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% | $39,020.31 | $39,020.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,100.42 | $22,100.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,851.26 | $15,851.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,977.62 | $4,977.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,360.90 | $4,360.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $86,310.51 | $86,310.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,217,500 | $4,217,500 | +0.0% |
| Assessed Value | $4,217,500 | $4,217,500 | +0.0% |
| Land Value | $4,116,420 | $4,116,420 | +0.0% |
| Improvement Value | $101,080 | $101,080 | +0.0% |
| Taxable Value | $4,217,500 | $4,217,500 | +0.0% |
| Total Tax 2026 = estimate |
~$86,310
Estimated
|
~$86,311
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,217,500 | $4,217,500 | +0 (+0.0%) |
| Taxable Value | $4,217,500 | $4,217,500 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,217,500 | $4,116,420 | $101,080 | — | $4,217,500 | $4,217,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,217,500 | $4,116,420 | $101,080 | — | $4,217,500 | $4,217,500 | ~$86,311 | Partial |
| 2024 | $3,675,000 | — | — | — | $3,800,000 ! | $— | $75,309 | Verified |
| 2023 | $3,637,389 | — | — | — | $3,675,000 ! | $— | $66,490 | Verified |
| 2022 | $3,181,200 | — | — | −$828,960 | $2,352,240 | $— | $71,836 | Verified |
| 2021 | $2,850,000 | — | — | −$497,760 | $2,352,240 | $— | $69,245 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +11.0% | +11.0% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | 1.9800% | Verified |
| 2023 | +1.0% | +1.0% | ~100% | 1.8100% | Verified |
| 2022 | +14.3% | +14.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.3% | +10.3% | +14.8% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 93.5% | — | 103.4% | 2024 | 73.9% | 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 |
$86,311 | $73,838 | ~$110,044 | $86,311 | 2025 | $66,490 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,651,657 | ~$4,639,250 | ~2.0139% | ~$93,432 | +10.3% |
| 2027 | ~$5,130,506 | ~$5,103,175 | ~1.9814% | ~$101,114 | +21.6% |
| 2028 | ~$5,658,649 | ~$5,613,493 | ~1.9488% | ~$109,398 | +34.2% |
| 2029 | ~$6,241,160 | ~$6,174,842 | ~1.9163% | ~$118,328 | +48.0% |
| 2030 | ~$6,883,636 | ~$6,792,326 | ~1.8837% | ~$127,950 | +63.2% |
| 2026 | ~$4,567,307 | ~$4,567,307 | ~2.0465% | ~$93,469 | +8.3% |
| 2027 | ~$4,946,127 | ~$4,946,127 | ~2.0465% | ~$101,222 | +17.3% |
| 2028 | ~$5,356,367 | ~$5,356,367 | ~2.0465% | ~$109,617 | +27.0% |
| 2029 | ~$5,800,633 | ~$5,800,633 | ~2.0465% | ~$118,709 | +37.5% |
| 2030 | ~$6,281,748 | ~$6,281,748 | ~2.0465% | ~$128,555 | +48.9% |
| 2026 | ~$4,736,007 | ~$4,639,250 | ~1.9977% | ~$92,677 | +12.3% |
| 2027 | ~$5,318,259 | ~$5,103,175 | ~1.9488% | ~$99,453 | +26.1% |
| 2028 | ~$5,972,095 | ~$5,613,493 | ~1.9000% | ~$106,657 | +41.6% |
| 2029 | ~$6,706,315 | ~$6,174,842 | ~1.8512% | ~$114,308 | +59.0% |
| 2030 | ~$7,530,801 | ~$6,792,326 | ~1.8024% | ~$122,423 | +78.6% |
In 2025, this property's market value of $4,217,500 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +198% 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 | $4,217,500 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,675,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,637,389 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,181,200 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,850,000 | $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.