5401 LA CROSSE AVE A TX 78738
| Owner | STORE MASTER FUNDING IX LLC |
|---|---|
| Parcel ID | 0424380302 |
| Short ID | 854931 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 39,704 SF |
| Land SF | 351,968 SF |
| Acres | 8.080 |
| Year Built | 2012 |
| Legal | UNT A LA CROSSE OFFICE PARK AMD PLUS 41.53 % INT IN COM AREA |
| Neighborhood | 51SWE |
| Land | $1,055,904 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,055,904 |
| Improvement | $6,830,818 |
|---|---|
| Total Improvement | $6,830,818 |
| Market | $7,886,722 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,886,722 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,886,722 |
| Taxable Value | $7,886,722 |
|---|
Appreciation: Market value has fallen -30.3% from $11,315,400 (2021) to $7,886,722 (2025), a CAGR of -8.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $161,401. 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 13% of market value ($1,055,904 land vs $6,830,818 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,886,722, 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 -8.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,022,614 by 2030, with an estimated annual tax burden around $94,613. 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 | 78,800 SF | ✗ |
| 491 | SPRINKLER HEADS | 39,704 SF | ✗ |
| 1ST | 1st Floor | 19,852 SF | ✓ |
| 2ND | 2nd Floor | 19,852 SF | ✓ |
| 501 | CANOPY | 2,612 SF | ✗ |
| 611 | TERRACE | 892 SF | ✗ |
| 335 | PENTHOUSE | 864 SF | ✓ |
| 482 | LIGHT POLES | 21 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% | $72,967.95 | $72,967.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,327.76 | $41,327.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,641.85 | $29,641.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,308.15 | $9,308.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,154.87 | $8,154.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $161,400.58 | $161,400.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,218,728 | $7,886,722 | +4.2% |
| Assessed Value | $8,218,728 | $7,886,722 | +4.2% |
| Land Value | $1,055,904 | $1,055,904 | +0.0% |
| Improvement Value | $7,162,824 | $6,830,818 | +4.9% |
| Taxable Value | $8,218,728 | $7,886,722 | +4.2% |
| Total Tax 2026 = estimate |
~$168,195
Estimated
|
~$161,401
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,539,067 | $8,218,728 | -320,339 (-3.8%) |
| Taxable Value | $8,539,067 | $8,218,728 | -320,339 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,218,728 | $1,055,904 | $7,162,824 | — | $8,218,728 | $8,218,728 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,886,722 | $1,055,904 | $6,830,818 | — | $7,886,722 | $7,886,722 | ~$161,401 | Partial |
| 2024 | $10,271,491 | — | — | −$9,215,587 | $1,055,904 | $— | $176,037 | Verified |
| 2023 | $12,960,800 | — | — | −$11,904,896 | $1,055,904 | $— | $185,837 | Verified |
| 2022 | $11,290,000 | — | — | −$10,234,096 | $1,055,904 | $— | $255,966 | Verified |
| 2021 | $11,315,400 | — | — | −$10,259,496 | $1,055,904 | $— | $245,747 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.3% | +8.3% | ~100% | Not available | Partial |
| 2025 | -11.2% | -11.2% | ~100% | Not available | Partial |
| 2024 | -13.5% | -13.5% | ~100% | 1.9800% | Verified |
| 2023 | -20.7% | -20.7% | ~100% | 1.8100% | Verified |
| 2022 | +14.8% | +14.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.2% | -5.0% | -9.4% | +14.8% | 2023 | -23.2% | 2025 |
| Assessment Ratio | 100.0% | 39.5% | — | 100.0% | 2025 | 8.1% | 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 |
$161,401 | $204,998 | ~$118,557 | $255,966 | 2022 | $161,401 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,206,148 | ~$7,206,148 | ~2.0139% | ~$145,127 | -8.6% |
| 2027 | ~$6,584,304 | ~$6,584,304 | ~1.9814% | ~$130,461 | -16.5% |
| 2028 | ~$6,016,120 | ~$6,016,120 | ~1.9488% | ~$117,245 | -23.7% |
| 2029 | ~$5,496,967 | ~$5,496,967 | ~1.9163% | ~$105,338 | -30.3% |
| 2030 | ~$5,022,614 | ~$5,022,614 | ~1.8837% | ~$94,613 | -36.3% |
| 2026 | ~$7,492,386 | ~$7,492,386 | ~2.0465% | ~$153,331 | -5.0% |
| 2027 | ~$7,117,767 | ~$7,117,767 | ~2.0465% | ~$145,664 | -9.7% |
| 2028 | ~$6,761,878 | ~$6,761,878 | ~2.0465% | ~$138,381 | -14.3% |
| 2029 | ~$6,423,784 | ~$6,423,784 | ~2.0465% | ~$131,462 | -18.5% |
| 2030 | ~$6,102,595 | ~$6,102,595 | ~2.0465% | ~$124,889 | -22.6% |
| 2026 | ~$7,363,883 | ~$7,363,883 | ~1.9977% | ~$147,106 | -6.6% |
| 2027 | ~$6,875,704 | ~$6,875,704 | ~1.9488% | ~$133,996 | -12.8% |
| 2028 | ~$6,419,889 | ~$6,419,889 | ~1.9000% | ~$121,979 | -18.6% |
| 2029 | ~$5,994,291 | ~$5,994,291 | ~1.8512% | ~$110,966 | -24.0% |
| 2030 | ~$5,596,908 | ~$5,596,908 | ~1.8024% | ~$100,877 | -29.0% |
In 2025, this property's market value of $7,886,722 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $7,886,722 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,271,491 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,960,800 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,290,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,315,400 | $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.