511 E ST ELMO RD TX 78745
| Owner | CENTEX PLATING CO INC |
|---|---|
| Parcel ID | 0414030702 |
| Short ID | 320503 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 32,286 SF |
| Land SF | 162,065 SF |
| Acres | 3.721 |
| Year Built | 1973 |
| Legal | 1.933 AC OF BLK 6-7 BLOCKERS ADDN LOT 3 SOUTH AUSTIN INDUSTRIAL PARK |
| Neighborhood | 69SOU |
| Land | $4,051,625 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,051,625 |
| Improvement | $258,375 |
|---|---|
| Total Improvement | $258,375 |
| Market | $4,310,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,310,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,310,000 |
| Taxable Value | $4,310,000 |
|---|
Appreciation: Market value has risen +33.0% from $3,241,302 (2021) to $4,310,000 (2025), a CAGR of 7.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $88,204. 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 94% of market value ($4,051,625 land vs $258,375 improvements), about $25/SF of land. With value concentrated in the land under a ~53-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 $4,310,000, 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 +7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,154,241 by 2030, with an estimated annual tax burden around $115,930. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 32,286 SF | ✓ |
| 551 | PAVED AREA | 8,968 SF | ✗ |
| 881 | COMMCL FINISHOUT | 2,508 SF | ✓ |
| 328 | MEZZ COMM (STG) | 2,250 SF | ✓ |
| 581C | STORAGE ATT COMM | 1,292 SF | ✓ |
| 501 | CANOPY | 970 SF | ✗ |
| 407 | LOADING DOCK | 288 SF | ✓ |
| 611 | TERRACE | 240 SF | ✗ |
| 091 | HVAC COMMRCL TON | 4 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% | $39,876.12 | $39,876.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,585.13 | $22,585.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,198.92 | $16,198.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,086.79 | $5,086.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,456.54 | $4,456.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $88,203.50 | $88,203.50 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $4,310,000 | — |
| Assessed Value | — | $4,310,000 | — |
| Land Value | — | $4,051,625 | — |
| Improvement Value | — | $258,375 | — |
| Taxable Value | — | $4,310,000 | — |
| Total Tax | Pending certification |
~$88,204
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,310,000 | $4,051,625 | $258,375 | — | $4,310,000 | $4,310,000 | ~$88,204 | Partial |
| 2024 | $4,665,000 | — | — | −$613,375 | $4,051,625 | $— | $91,163 | Verified |
| 2023 | $4,419,156 | — | — | −$367,531 | $4,051,625 | $— | $84,401 | Verified |
| 2022 | $4,000,000 | — | — | — | $4,051,625 ! | $— | $87,275 | Verified |
| 2021 | $3,241,302 | — | — | — | $3,828,619 ! | $— | $87,067 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | +3.2% | +3.2% | ~100% | 1.8900% | Verified |
| 2023 | +5.6% | +5.6% | ~100% | 1.8100% | Verified |
| 2022 | +10.5% | +10.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.6% | +8.0% | +7.4% | +23.4% | 2022 | -7.6% | 2025 |
| Assessment Ratio | 100.0% | 99.6% | — | 118.1% | 2021 | 86.9% | 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 |
$88,204 | $87,622 | ~$104,290 | $91,163 | 2024 | $84,401 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,628,249 | ~$4,628,249 | ~2.0139% | ~$93,210 | +7.4% |
| 2027 | ~$4,969,997 | ~$4,969,997 | ~1.9814% | ~$98,475 | +15.3% |
| 2028 | ~$5,336,980 | ~$5,336,980 | ~1.9488% | ~$104,009 | +23.8% |
| 2029 | ~$5,731,061 | ~$5,731,061 | ~1.9163% | ~$109,824 | +33.0% |
| 2030 | ~$6,154,241 | ~$6,154,241 | ~1.8837% | ~$115,930 | +42.8% |
| 2026 | ~$4,542,049 | ~$4,542,049 | ~2.0465% | ~$92,952 | +5.4% |
| 2027 | ~$4,786,591 | ~$4,786,591 | ~2.0465% | ~$97,957 | +11.1% |
| 2028 | ~$5,044,300 | ~$5,044,300 | ~2.0465% | ~$103,231 | +17.0% |
| 2029 | ~$5,315,883 | ~$5,315,883 | ~2.0465% | ~$108,789 | +23.3% |
| 2030 | ~$5,602,089 | ~$5,602,089 | ~2.0465% | ~$114,646 | +30.0% |
| 2026 | ~$4,714,449 | ~$4,714,449 | ~1.9977% | ~$94,179 | +9.4% |
| 2027 | ~$5,156,851 | ~$5,156,851 | ~1.9488% | ~$100,499 | +19.6% |
| 2028 | ~$5,640,769 | ~$5,640,769 | ~1.9000% | ~$107,176 | +30.9% |
| 2029 | ~$6,170,096 | ~$6,170,096 | ~1.8512% | ~$114,220 | +43.2% |
| 2030 | ~$6,749,096 | ~$6,749,096 | ~1.8024% | ~$121,644 | +56.6% |
In 2025, this property's market value of $4,310,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,310,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,665,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,419,156 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,241,302 | $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.