DAVIS LN TX
| Owner | RRGP GSS LOCATION #6 PROPCO LLC |
|---|---|
| Parcel ID | 0422280509 |
| Short ID | 904616 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,000 SF |
| Land SF | 37,113 SF |
| Acres | 0.852 |
| Year Built | 2023 |
| Legal | LOT 1C-C BLK D DEERFIELD AT BRODIE SUBD SEC 2 LT 1C BLK D |
| Neighborhood | 1SO2 |
| Land | $296,905 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $296,905 |
| Improvement | $3,701,398 |
|---|---|
| Total Improvement | $3,701,398 |
| Market | $3,998,303 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,998,303 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,399,099 |
| Net Appraised (assessed) | $2,599,204 |
| Taxable Value | $2,599,204 |
|---|
Appreciation: Market value has risen +1246.7% from $296,905 (2021) to $3,998,303 (2025), a CAGR of 91.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 $53,192. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,599,204) is $1,399,099 below market value, suggesting potential for an upward assessment in future years.
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 7% of market value ($296,905 land vs $3,701,398 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,998,303, 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 +91.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $103,145,062 by 2030, with an estimated annual tax burden around $1,942,987. 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 | 20,000 SF | ✗ |
| 1ST | 1st Floor | 7,000 SF | ✓ |
| 501 | CANOPY | 600 SF | ✗ |
Market value changed by 630% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $24,047.84 | $24,047.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,620.27 | $13,620.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,768.98 | $9,768.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,067.66 | $3,067.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,687.58 | $2,687.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $53,192.33 | $53,192.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,209,368 | $3,998,303 | +5.3% |
| Assessed Value | $3,119,045 | $2,599,204 | +20.0% |
| Land Value | $296,905 | $296,905 | +0.0% |
| Improvement Value | $3,912,463 | $3,701,398 | +5.7% |
| Taxable Value | $3,119,045 | $2,599,204 | +20.0% |
| HS Cap Loss | -$1,090,323 | — | |
| Total Tax 2026 = estimate |
~$63,831
Estimated
|
~$53,192
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,209,368 | $4,209,368 | +0 (+0.0%) |
| Taxable Value | $3,119,045 | $3,119,045 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,209,368 | $296,905 | $3,912,463 | −$1,090,323 | $3,119,045 | $3,119,045 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,998,303 | $296,905 | $3,701,398 | −$1,399,099 | $2,599,204 | $2,599,204 | ~$53,192 | Partial |
| 2024 | $— | — | — | — | $296,905 | $— | $42,926 | Verified |
| 2023 | $— | — | — | — | $296,905 | $— | $5,372 | Verified |
| 2022 | $— | — | — | — | $296,905 | $— | $5,864 | Verified |
| 2021 | $296,905 | — | — | — | $296,905 | $— | $6,463 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.3% | +20.0% | 74.1% | Not available | Partial |
| 2025 | +84.6% ! | +20.0% | 65.0% | Not available | Partial |
| 2024 | +629.5% ! | +629.5% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1246.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.3% | +626.0% | +89.6% | +1246.7% | 2025 | +5.3% | 2026 |
| Assessment Ratio | 74.1% | 79.7% | — | 100.0% | 2021 | 65.0% | 2025 |
| Effective Tax Rate (2025) | 1.3300% | 1.3300% | — | 1.3300% | 2025 | 1.3300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$53,192 | $29,828 | ~$793,505 | $53,192 | 2025 | $6,463 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,659,321 | ~$7,659,321 | ~2.0139% | ~$154,254 | +91.6% |
| 2027 | ~$14,672,523 | ~$14,672,523 | ~1.9814% | ~$290,720 | +267.0% |
| 2028 | ~$28,107,314 | ~$28,107,314 | ~1.9488% | ~$547,766 | +603.0% |
| 2029 | ~$53,843,576 | ~$53,843,576 | ~1.9163% | ~$1,031,800 | +1246.7% |
| 2030 | ~$103,145,062 | ~$103,145,062 | ~1.8837% | ~$1,942,987 | +2479.7% |
| 2026 | ~$7,579,355 | ~$7,579,355 | ~2.0465% | ~$155,110 | +89.6% |
| 2027 | ~$14,367,749 | ~$14,367,749 | ~2.0465% | ~$294,034 | +259.3% |
| 2028 | ~$27,236,122 | ~$27,236,122 | ~2.0465% | ~$557,383 | +581.2% |
| 2029 | ~$51,629,960 | ~$51,629,960 | ~2.0465% | ~$1,056,599 | +1191.3% |
| 2030 | ~$97,871,966 | ~$97,871,966 | ~2.0465% | ~$2,002,935 | +2347.8% |
| 2026 | ~$7,739,287 | ~$7,739,287 | ~1.9977% | ~$154,605 | +93.6% |
| 2027 | ~$14,980,495 | ~$14,980,495 | ~1.9488% | ~$291,946 | +274.7% |
| 2028 | ~$28,996,889 | ~$28,996,889 | ~1.9000% | ~$550,946 | +625.2% |
| 2029 | ~$56,127,621 | ~$56,127,621 | ~1.8512% | ~$1,039,031 | +1303.8% |
| 2030 | ~$108,643,029 | ~$108,643,029 | ~1.8024% | ~$1,958,151 | +2617.2% |
In 2025, this property's market value of $3,998,303 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +182% 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 | $3,998,303 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $296,905 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.