611 W STASSNEY LN TX 78745
| Owner | 611 W STASSNEY LLC |
|---|---|
| Parcel ID | 0414101101 |
| Short ID | 320750 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,000 SF |
| Land SF | 39,425 SF |
| Acres | 0.905 |
| Year Built | 1970 |
| Legal | ABS 6 SUR 19 CANNON W ACR .906 |
| Neighborhood | 30SOU |
| Land | $985,625 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $985,625 |
| Improvement | $97,488 |
|---|---|
| Total Improvement | $97,488 |
| Market | $1,083,113 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,083,113 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,083,113 |
| Taxable Value | $1,083,113 |
|---|
Appreciation: Market value has risen +2.4% from $1,057,725 (2021) to $1,083,113 (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 (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 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 $22,166. 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 91% of market value ($985,625 land vs $97,488 improvements), about $25/SF of land. With value concentrated in the land under a ~56-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 $1,083,113, this parcel sits in the lower-middle (25th–50th 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 $1,115,707 by 2030, with an estimated annual tax burden around $21,017. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 25,000 SF | ✗ |
| 1ST | 1st Floor | 8,000 SF | ✓ |
| SO | Sketch Only | 8,000 SF | ✗ |
| 501 | CANOPY | 1,840 SF | ✗ |
| 611 | TERRACE | 1,600 SF | ✗ |
| 327 | STORAGE COMM'L | 336 SF | ✓ |
| 273 | COLDSTG VAULT SM | 36 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% | $10,020.96 | $10,020.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,675.70 | $5,675.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,070.83 | $4,070.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,278.32 | $1,278.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,119.94 | $1,119.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,165.75 | $22,165.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,089,729 | $1,083,113 | +0.6% |
| Assessed Value | $1,089,729 | $1,083,113 | +0.6% |
| Land Value | $985,625 | $985,625 | +0.0% |
| Improvement Value | $104,104 | $97,488 | +6.8% |
| Taxable Value | $1,089,729 | $1,083,113 | +0.6% |
| Total Tax 2026 = estimate |
~$22,301
Estimated
|
~$22,166
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,089,729 | $1,089,729 | +0 (+0.0%) |
| Taxable Value | $1,089,729 | $1,089,729 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,089,729 | $985,625 | $104,104 | — | $1,089,729 | $1,089,729 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,083,113 | $985,625 | $97,488 | — | $1,083,113 | $1,083,113 | ~$22,166 | Partial |
| 2024 | $1,130,828 | — | — | −$145,203 | $985,625 | $— | $23,368 | Verified |
| 2023 | $1,130,828 | — | — | −$144,203 | $986,625 | $— | $20,459 | Verified |
| 2022 | $1,130,828 | — | — | −$144,203 | $986,625 | $— | $22,333 | Verified |
| 2021 | $1,057,725 | — | — | −$71,100 | $986,625 | $— | $24,614 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2025 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2024 | -11.2% | -11.2% | ~100% | 1.9800% | Verified |
| 2023 | +17.4% | +17.4% | ~100% | 1.5400% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +0.7% | +0.5% | +6.9% | 2022 | -4.2% | 2025 |
| Assessment Ratio | 100.0% | 92.5% | — | 100.0% | 2025 | 87.2% | 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 |
$22,166 | $22,588 | ~$21,484 | $24,614 | 2021 | $20,459 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,089,555 | ~$1,089,555 | ~2.0139% | ~$21,943 | +0.6% |
| 2027 | ~$1,096,035 | ~$1,096,035 | ~1.9814% | ~$21,717 | +1.2% |
| 2028 | ~$1,102,553 | ~$1,102,553 | ~1.9488% | ~$21,487 | +1.8% |
| 2029 | ~$1,109,110 | ~$1,109,110 | ~1.9163% | ~$21,254 | +2.4% |
| 2030 | ~$1,115,707 | ~$1,115,707 | ~1.8837% | ~$21,017 | +3.0% |
| 2026 | ~$1,067,892 | ~$1,067,892 | ~2.0465% | ~$21,854 | -1.4% |
| 2027 | ~$1,052,886 | ~$1,052,886 | ~2.0465% | ~$21,547 | -2.8% |
| 2028 | ~$1,038,090 | ~$1,038,090 | ~2.0465% | ~$21,244 | -4.2% |
| 2029 | ~$1,023,502 | ~$1,023,502 | ~2.0465% | ~$20,946 | -5.5% |
| 2030 | ~$1,009,119 | ~$1,009,119 | ~2.0465% | ~$20,651 | -6.8% |
| 2026 | ~$1,111,217 | ~$1,111,217 | ~1.9977% | ~$22,198 | +2.6% |
| 2027 | ~$1,140,050 | ~$1,140,050 | ~1.9488% | ~$22,218 | +5.3% |
| 2028 | ~$1,169,631 | ~$1,169,631 | ~1.9000% | ~$22,223 | +8.0% |
| 2029 | ~$1,199,980 | ~$1,199,980 | ~1.8512% | ~$22,214 | +10.8% |
| 2030 | ~$1,231,116 | ~$1,231,116 | ~1.8024% | ~$22,189 | +13.7% |
In 2025, this property's market value of $1,083,113 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -24% below 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 | $1,083,113 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,130,828 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,130,828 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,130,828 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,057,725 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.