415 E ST ELMO RD TX 78745
| Owner | LEIFELMO415 LLC |
|---|---|
| Parcel ID | 0414030701 |
| Short ID | 320502 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 71,828 SF |
| Land SF | 182,604 SF |
| Acres | 4.192 |
| Year Built | 1972 |
| Legal | 4.1200 AC OF BLK 6 BLOCKERS ADDN |
| Neighborhood | 64SOU |
| Land | $4,565,088 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,565,088 |
| Improvement | $11,434,912 |
|---|---|
| Total Improvement | $11,434,912 |
| Market | $16,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,000,000 |
| Taxable Value | $16,000,000 |
|---|
Appreciation: Market value has risen +34.0% from $11,936,552 (2021) to $16,000,000 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→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 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 $327,438. 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 29% of market value ($4,565,088 land vs $11,434,912 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,000,000, 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $23,076,575 by 2030, with an estimated annual tax burden around $434,703. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 74,104 SF | ✗ |
| 1ST | 1st Floor | 71,828 SF | ✓ |
| 551 | PAVED AREA | 63,750 SF | ✗ |
| 881 | COMMCL FINISHOUT | 25,738 SF | ✓ |
| 328 | MEZZ COMM (STG) | 5,231 SF | ✓ |
| MEZZ | Mezzanine | 3,510 SF | ✓ |
| 501 | CANOPY | 2,804 SF | ✗ |
| 611 | TERRACE | 1,546 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,300 SF | ✗ |
| 327 | STORAGE COMM'L | 216 SF | ✓ |
| 408 | LOADING RAMP | 180 SF | ✓ |
| MISC | Miscellaneous | 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% | $148,032.00 | $148,032.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $83,842.72 | $83,842.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $60,135.20 | $60,135.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,883.68 | $18,883.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,544.00 | $16,544.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $327,437.60 | $327,437.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,000,000 | $16,000,000 | +6.2% |
| Assessed Value | $17,000,000 | $16,000,000 | +6.2% |
| Land Value | $4,565,088 | $4,565,088 | +0.0% |
| Improvement Value | $12,434,912 | $11,434,912 | +8.7% |
| Taxable Value | $17,000,000 | $16,000,000 | +6.2% |
| Total Tax 2026 = estimate |
~$347,902
Estimated
|
~$327,438
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $18,849,714 | $17,000,000 | -1,849,714 (-9.8%) |
| Taxable Value | $18,849,714 | $17,000,000 | -1,849,714 (-9.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $17,000,000 | $4,565,088 | $12,434,912 | — | $17,000,000 | $17,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,000,000 | $4,565,088 | $11,434,912 | — | $16,000,000 | $16,000,000 | ~$327,438 | Partial |
| 2024 | $15,800,000 | — | — | −$11,313,320 | $4,486,680 | $— | $305,199 | Verified |
| 2023 | $15,000,000 | — | — | −$10,513,320 | $4,486,680 | $— | $289,973 | Verified |
| 2022 | $11,088,990 | — | — | −$6,602,310 | $4,486,680 | $— | $243,704 | Verified |
| 2021 | $11,936,552 | — | — | −$7,449,872 | $4,486,680 | $— | $218,809 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.8% | +17.8% | ~100% | Not available | Partial |
| 2025 | -22.3% | -22.3% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | 1.4800% | Verified |
| 2023 | +33.1% | +33.1% | ~100% | 1.4500% | Verified |
| 2022 | +35.3% | +35.3% | ~100% | 1.6200% | Verified |
| 2021 | base year | — | ~100% | 1.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.2% | +8.2% | +6.3% | +35.3% | 2023 | -7.1% | 2022 |
| Assessment Ratio | 100.0% | 56.1% | — | 100.0% | 2025 | 28.4% | 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 |
$327,438 | $277,025 | ~$389,577 | $327,438 | 2025 | $218,809 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$17,215,921 | ~$17,215,921 | ~2.0139% | ~$346,718 | +7.6% |
| 2027 | ~$18,524,245 | ~$18,524,245 | ~1.9814% | ~$367,037 | +15.8% |
| 2028 | ~$19,931,996 | ~$19,931,996 | ~1.9488% | ~$388,443 | +24.6% |
| 2029 | ~$21,446,729 | ~$21,446,729 | ~1.9163% | ~$410,982 | +34.0% |
| 2030 | ~$23,076,575 | ~$23,076,575 | ~1.8837% | ~$434,703 | +44.2% |
| 2026 | ~$16,895,921 | ~$16,895,921 | ~2.0465% | ~$345,772 | +5.6% |
| 2027 | ~$17,842,009 | ~$17,842,009 | ~2.0465% | ~$365,134 | +11.5% |
| 2028 | ~$18,841,073 | ~$18,841,073 | ~2.0465% | ~$385,580 | +17.8% |
| 2029 | ~$19,896,079 | ~$19,896,079 | ~2.0465% | ~$407,170 | +24.4% |
| 2030 | ~$21,010,161 | ~$21,010,161 | ~2.0465% | ~$429,970 | +31.3% |
| 2026 | ~$17,535,921 | ~$17,535,921 | ~1.9977% | ~$350,308 | +9.6% |
| 2027 | ~$19,219,282 | ~$19,219,282 | ~1.9488% | ~$374,553 | +20.1% |
| 2028 | ~$21,064,238 | ~$21,064,238 | ~1.9000% | ~$400,224 | +31.7% |
| 2029 | ~$23,086,301 | ~$23,086,301 | ~1.8512% | ~$427,372 | +44.3% |
| 2030 | ~$25,302,471 | ~$25,302,471 | ~1.8024% | ~$456,044 | +58.1% |
In 2025, this property's market value of $16,000,000 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 | $16,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,088,990 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,936,552 | $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.