1607 MATTHEWS LN TX 78745
| Owner | KGKC PROPERTIES LLC |
|---|---|
| Parcel ID | 0418170401 |
| Short ID | 330241 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 12,200 SF |
| Land SF | 45,041 SF |
| Acres | 1.034 |
| Year Built | 1985 |
| Legal | 1.034 ACR OUT OF LOT 1 RESUB NO 2 OF A PT OF LOT 1 FITZHUGH J G & HENRY SUBD |
| Neighborhood | 63SOU |
| Land | $135,123 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $135,123 |
| Improvement | $564,738 |
|---|---|
| Total Improvement | $564,738 |
| Market | $699,861 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $699,861 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $699,861 |
| Taxable Value | $699,861 |
|---|
Appreciation: Market value has fallen -25.5% from $940,000 (2021) to $699,861 (2025), a CAGR of -7.1% 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 $14,323. 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 19% of market value ($135,123 land vs $564,738 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $699,861, 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 -7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $484,024 by 2030, with an estimated annual tax burden around $9,118. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,200 SF | ✗ |
| 1ST | 1st Floor | 12,200 SF | ✓ |
| 541 | FENCE COMM LF | 454 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% | $6,475.11 | $6,475.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,667.39 | $3,667.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,630.39 | $2,630.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $826.00 | $826.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $723.66 | $723.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,322.55 | $14,322.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $360,000 | $699,861 | -48.6% |
| Assessed Value | $360,000 | $699,861 | -48.6% |
| Land Value | $135,123 | $135,123 | +0.0% |
| Improvement Value | $224,877 | $564,738 | -60.2% |
| Taxable Value | $360,000 | $699,861 | -48.6% |
| Total Tax 2026 = estimate |
~$7,367
Estimated
|
~$14,323
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $713,447 | $360,000 | -353,447 (-49.5%) |
| Taxable Value | $713,447 | $360,000 | -353,447 (-49.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $360,000 | $135,123 | $224,877 | — | $360,000 | $360,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $699,861 | $135,123 | $564,738 | — | $699,861 | $699,861 | ~$14,323 | Partial |
| 2024 | $700,000 | — | — | −$564,877 | $135,123 | $— | $14,164 | Verified |
| 2023 | $988,768 | — | — | −$853,645 | $135,123 | $— | $12,665 | Verified |
| 2022 | $891,400 | — | — | −$756,277 | $135,123 | $— | $19,527 | Verified |
| 2021 | $940,000 | — | — | −$804,877 | $135,123 | $— | $19,403 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.9% | +1.9% | ~100% | Not available | Partial |
| 2025 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2024 | +2.1% | +2.1% | ~100% | 1.9800% | Verified |
| 2023 | -29.2% | -29.2% | ~100% | 1.8100% | Verified |
| 2022 | +10.9% | +10.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -48.6% | -14.4% | +10.4% | +10.9% | 2023 | -48.6% | 2026 |
| Assessment Ratio | 100.0% | 43.8% | — | 100.0% | 2025 | 13.7% | 2023 |
| 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 |
$14,323 | $16,016 | ~$11,019 | $19,527 | 2022 | $12,665 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$650,104 | ~$650,104 | ~2.0139% | ~$13,093 | -7.1% |
| 2027 | ~$603,884 | ~$603,884 | ~1.9814% | ~$11,965 | -13.7% |
| 2028 | ~$560,951 | ~$560,951 | ~1.9488% | ~$10,932 | -19.8% |
| 2029 | ~$521,070 | ~$521,070 | ~1.9163% | ~$9,985 | -25.5% |
| 2030 | ~$484,024 | ~$484,024 | ~1.8837% | ~$9,118 | -30.8% |
| 2026 | ~$664,868 | ~$664,868 | ~2.0465% | ~$13,606 | -5.0% |
| 2027 | ~$631,625 | ~$631,625 | ~2.0465% | ~$12,926 | -9.7% |
| 2028 | ~$600,043 | ~$600,043 | ~2.0465% | ~$12,280 | -14.3% |
| 2029 | ~$570,041 | ~$570,041 | ~2.0465% | ~$11,666 | -18.5% |
| 2030 | ~$541,539 | ~$541,539 | ~2.0465% | ~$11,083 | -22.6% |
| 2026 | ~$664,101 | ~$664,101 | ~1.9977% | ~$13,266 | -5.1% |
| 2027 | ~$630,168 | ~$630,168 | ~1.9488% | ~$12,281 | -10.0% |
| 2028 | ~$597,970 | ~$597,970 | ~1.9000% | ~$11,362 | -14.6% |
| 2029 | ~$567,416 | ~$567,416 | ~1.8512% | ~$10,504 | -18.9% |
| 2030 | ~$538,423 | ~$538,423 | ~1.8024% | ~$9,704 | -23.1% |
In 2025, this property's market value of $699,861 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -51% 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 | $699,861 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $700,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $988,768 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $891,400 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $940,000 | $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.