405 W SLAUGHTER LN TX 78748
| Owner | STORE MASTER FUNDING XI LLC |
|---|---|
| Parcel ID | 0430111510 |
| Short ID | 819886 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 7,520 SF |
| Land SF | 51,183 SF |
| Acres | 1.175 |
| Year Built | 2009 |
| Legal | LOT 2 BLK A SOUTHPARK MEADOWS COMMERCIAL PHS 4 AMD LTS 2&3 BLK A |
| Neighborhood | 83SOU |
| Land | $1,023,660 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,023,660 |
| Improvement | $812,141 |
|---|---|
| Total Improvement | $812,141 |
| Market | $1,835,801 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,835,801 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,835,801 |
| Taxable Value | $1,835,801 |
|---|
Appreciation: Market value has fallen -6.1% from $1,955,200 (2021) to $1,835,801 (2025), a CAGR of -1.6% over 4 years. Growth has been relatively flat for this asset class. 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 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 $37,569. 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 56% of market value ($1,023,660 land vs $812,141 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,835,801, this parcel sits in the upper-middle (50th–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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,696,753 by 2030, with an estimated annual tax burden around $31,962. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 1ST | 1st Floor | 7,520 SF | ✓ |
| SO | Sketch Only | 1,719 SF | ✗ |
| 611 | TERRACE | 1,318 SF | ✗ |
| 501 | CANOPY | 1,018 SF | ✗ |
| 327 | STORAGE COMM'L | 208 SF | ✓ |
| 482 | LIGHT POLES | 8 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% | $16,984.83 | $16,984.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,619.91 | $9,619.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,899.77 | $6,899.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,166.67 | $2,166.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,898.22 | $1,898.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,569.40 | $37,569.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,120,437 | $1,835,801 | +15.5% |
| Assessed Value | $2,120,437 | $1,835,801 | +15.5% |
| Land Value | $1,023,660 | $1,023,660 | +0.0% |
| Improvement Value | $1,096,777 | $812,141 | +35.0% |
| Taxable Value | $2,120,437 | $1,835,801 | +15.5% |
| Total Tax 2026 = estimate |
~$43,394
Estimated
|
~$37,569
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,437,284 | $2,120,437 | -316,847 (-13.0%) |
| Taxable Value | $2,202,961 | $2,120,437 | -82,524 (-3.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,120,437 | $1,023,660 | $1,096,777 | — | $2,120,437 | $2,120,437 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,835,801 | $1,023,660 | $812,141 | — | $1,835,801 | $1,835,801 | ~$37,569 | Partial |
| 2024 | $2,200,000 | — | — | −$1,176,340 | $1,023,660 | $— | $37,723 | Verified |
| 2023 | $1,897,744 | — | — | −$874,084 | $1,023,660 | $— | $39,803 | Verified |
| 2022 | $2,062,829 | — | — | −$1,039,169 | $1,023,660 | $— | $37,479 | Verified |
| 2021 | $1,955,200 | — | — | −$931,540 | $1,023,660 | $— | $44,901 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.8% | +20.0% | 90.4% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | -13.5% | -13.5% | ~100% | 1.9800% | Verified |
| 2023 | +15.9% | +15.9% | ~100% | 1.8100% | Verified |
| 2022 | -8.0% | -8.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.5% | +2.5% | -4.2% | +15.9% | 2024 | -16.6% | 2025 |
| Assessment Ratio | 100.0% | 67.1% | — | 100.0% | 2025 | 46.5% | 2024 |
| 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 |
$37,569 | $39,495 | ~$34,152 | $44,901 | 2021 | $37,479 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,807,108 | ~$1,807,108 | ~2.0139% | ~$36,394 | -1.6% |
| 2027 | ~$1,778,864 | ~$1,778,864 | ~1.9814% | ~$35,246 | -3.1% |
| 2028 | ~$1,751,062 | ~$1,751,062 | ~1.9488% | ~$34,125 | -4.6% |
| 2029 | ~$1,723,693 | ~$1,723,693 | ~1.9163% | ~$33,031 | -6.1% |
| 2030 | ~$1,696,753 | ~$1,696,753 | ~1.8837% | ~$31,962 | -7.6% |
| 2026 | ~$1,770,392 | ~$1,770,392 | ~2.0465% | ~$36,231 | -3.6% |
| 2027 | ~$1,707,314 | ~$1,707,314 | ~2.0465% | ~$34,940 | -7.0% |
| 2028 | ~$1,646,484 | ~$1,646,484 | ~2.0465% | ~$33,695 | -10.3% |
| 2029 | ~$1,587,820 | ~$1,587,820 | ~2.0465% | ~$32,494 | -13.5% |
| 2030 | ~$1,531,247 | ~$1,531,247 | ~2.0465% | ~$31,337 | -16.6% |
| 2026 | ~$1,843,824 | ~$1,843,824 | ~1.9977% | ~$36,833 | +0.4% |
| 2027 | ~$1,851,883 | ~$1,851,883 | ~1.9488% | ~$36,090 | +0.9% |
| 2028 | ~$1,859,977 | ~$1,859,977 | ~1.9000% | ~$35,340 | +1.3% |
| 2029 | ~$1,868,106 | ~$1,868,106 | ~1.8512% | ~$34,582 | +1.8% |
| 2030 | ~$1,876,270 | ~$1,876,270 | ~1.8024% | ~$33,817 | +2.2% |
In 2025, this property's market value of $1,835,801 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +30% 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 | $1,835,801 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,897,744 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,062,829 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,955,200 | $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.