5915 LA CROSSE AVE TX 78739
| Owner | REALTEX VENTURES L P |
|---|---|
| Parcel ID | 0422400408 |
| Short ID | 800323 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,750 SF |
| Land SF | 124,277 SF |
| Acres | 2.853 |
| Year Built | 2018 |
| Legal | LOT 125B BLK RR CIRCLE C RANCH PHS B SEC 8-A AMD OF LOTS 125B&125C BLK RR |
| Neighborhood | 53SWE |
| Land | $298,264 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $298,264 |
| Improvement | $4,274,232 |
|---|---|
| Total Improvement | $4,274,232 |
| Market | $4,572,496 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,572,496 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,086,946 |
| Net Appraised (assessed) | $3,485,550 |
| Taxable Value | $3,485,550 |
|---|
Appreciation: Market value has risen +84.8% from $2,474,000 (2021) to $4,572,496 (2025), a CAGR of 16.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→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 $71,331. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,485,550) is $1,086,946 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 ($298,264 land vs $4,274,232 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,572,496, 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 +16.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,853,610 by 2030, with an estimated annual tax burden around $105,744. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 25,000 SF | ✗ |
| 1ST | 1st Floor | 8,750 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% | $27,756.00 | $27,756.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,720.51 | $15,720.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,275.35 | $11,275.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,540.69 | $3,540.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,102.00 | $3,102.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $61,394.55 | $61,394.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,408,000 | $4,572,496 | -25.5% |
| Assessed Value | $3,408,000 | $3,485,550 | -2.2% |
| Land Value | $298,264 | $298,264 | +0.0% |
| Improvement Value | $3,109,736 | $4,274,232 | -27.2% |
| Taxable Value | $3,408,000 | $3,485,550 | -2.2% |
| Total Tax 2026 = estimate |
~$69,744
Estimated
|
~$61,395
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,086,709 | $3,408,000 | -1,678,709 (-33.0%) |
| Taxable Value | $3,600,000 | $3,408,000 | -192,000 (-5.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,408,000 | $298,264 | $3,109,736 | — | $3,408,000 | $3,408,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,572,496 | $298,264 | $4,274,232 | −$1,086,946 | $3,485,550 | $3,485,550 | ~$61,395 | Partial |
| 2024 | $3,200,000 | — | — | −$2,901,736 | $298,264 | $— | $58,167 | Verified |
| 2023 | $2,561,769 | — | — | −$2,263,505 | $298,264 | $— | $44,562 | Verified |
| 2022 | $2,474,000 | — | — | −$2,175,736 | $298,264 | $— | $50,593 | Verified |
| 2021 | $2,474,000 | — | — | −$2,175,736 | $298,264 | $— | $53,851 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.2% | +3.3% | 70.8% | Not available | Partial |
| 2025 | +10.1% | -9.2% | 76.2% | Not available | Partial |
| 2024 | +7.6% | -0.5% | 92.5% | 1.4000% | Verified |
| 2023 | +50.7% | +50.7% | ~100% | 1.1500% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +84.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.5% | +9.2% | +24.6% | +42.9% | 2025 | -25.5% | 2026 |
| Assessment Ratio | 100.0% | 36.9% | — | 100.0% | 2026 | 9.3% | 2024 |
| Effective Tax Rate (2025) | 1.3400% | 1.3400% | — | 1.3400% | 2025 | 1.3400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$61,395 | $53,714 | ~$90,946 | $61,395 | 2025 | $44,562 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,331,406 | ~$3,834,105 | ~2.0139% | ~$77,216 | +16.6% |
| 2027 | ~$6,216,274 | ~$4,217,516 | ~1.9814% | ~$83,565 | +35.9% |
| 2028 | ~$7,248,006 | ~$4,639,267 | ~1.9488% | ~$90,412 | +58.5% |
| 2029 | ~$8,450,978 | ~$5,103,194 | ~1.9163% | ~$97,792 | +84.8% |
| 2030 | ~$9,853,610 | ~$5,613,513 | ~1.8837% | ~$105,744 | +115.5% |
| 2026 | ~$5,239,956 | ~$3,834,105 | ~2.0465% | ~$78,464 | +14.6% |
| 2027 | ~$6,004,847 | ~$4,217,516 | ~2.0465% | ~$86,311 | +31.3% |
| 2028 | ~$6,881,391 | ~$4,639,267 | ~2.0465% | ~$94,942 | +50.5% |
| 2029 | ~$7,885,887 | ~$5,103,194 | ~2.0465% | ~$104,436 | +72.5% |
| 2030 | ~$9,037,011 | ~$5,613,513 | ~2.0465% | ~$114,880 | +97.6% |
| 2026 | ~$5,422,856 | ~$3,834,105 | ~1.9977% | ~$76,592 | +18.6% |
| 2027 | ~$6,431,359 | ~$4,217,516 | ~1.9488% | ~$82,193 | +40.7% |
| 2028 | ~$7,627,417 | ~$4,639,267 | ~1.9000% | ~$88,147 | +66.8% |
| 2029 | ~$9,045,909 | ~$5,103,194 | ~1.8512% | ~$94,470 | +97.8% |
| 2030 | ~$10,728,202 | ~$5,613,513 | ~1.8024% | ~$101,176 | +134.6% |
In 2025, this property's market value of $4,572,496 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 | $4,572,496 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,561,769 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,474,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,474,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.