9811 S INTERSTATE HY 35 3 TX 78744
| Owner | OAG INV SERIES #1 LLC |
|---|---|
| Parcel ID | 0434091506 |
| Short ID | 810863 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 5,000 SF |
| Land SF | 19,370 SF |
| Acres | 0.445 |
| Year Built | 2012 |
| Legal | UNT 3 OAK TERRACE OFFICE CONDOMINIUMS PLUS 19.25 % INT IN COM AREA |
| Neighborhood | 23SE01 |
| Land | $290,551 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $290,551 |
| Improvement | $3,369,505 |
|---|---|
| Total Improvement | $3,369,505 |
| Market | $3,660,056 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,660,056 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,628,280 |
| Net Appraised (assessed) | $2,031,776 |
| Taxable Value | $2,031,776 |
|---|
Appreciation: Market value has risen +217.4% from $1,153,111 (2021) to $3,660,056 (2025), a CAGR of 33.5% 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 $41,580. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,031,776) is $1,628,280 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 8% of market value ($290,551 land vs $3,369,505 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,660,056, 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 +33.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,506,311 by 2030, with an estimated annual tax burden around $61,640. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,000 SF | ✓ |
Market value changed by 86% 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% | $18,797.99 | $18,797.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,646.85 | $10,646.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,636.33 | $7,636.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,397.96 | $2,397.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,100.86 | $2,100.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,579.99 | $41,579.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,123,449 | $3,660,056 | -42.0% |
| Assessed Value | $2,123,449 | $2,031,776 | +4.5% |
| Land Value | $290,551 | $290,551 | +0.0% |
| Improvement Value | $1,832,898 | $3,369,505 | -45.6% |
| Taxable Value | $2,123,449 | $2,031,776 | +4.5% |
| Total Tax 2026 = estimate |
~$43,456
Estimated
|
~$41,580
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,123,449 | $2,123,449 | +0 (+0.0%) |
| Taxable Value | $2,123,449 | $2,123,449 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,123,449 | $290,551 | $1,832,898 | — | $2,123,449 | $2,123,449 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,660,056 | $290,551 | $3,369,505 | −$1,628,280 | $2,031,776 | $2,031,776 | ~$41,580 | Partial |
| 2024 | $1,410,956 | — | — | −$1,120,405 | $290,551 | $— | $33,555 | Verified |
| 2023 | $1,345,621 | — | — | −$1,055,070 | $290,551 | $— | $25,528 | Verified |
| 2022 | $1,214,250 | — | — | −$923,699 | $290,551 | $— | $26,575 | Verified |
| 2021 | $1,153,111 | — | — | −$862,560 | $290,551 | $— | $26,430 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -42.0% | +4.5% | ~100% | Not available | Partial |
| 2025 | +39.1% | +20.0% | 55.5% | Not available | Partial |
| 2024 | +86.5% ! | +20.0% | 64.4% | 1.2800% | Verified |
| 2023 | +4.9% | +4.9% | ~100% | 1.8100% | Verified |
| 2022 | +10.8% | +10.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +201.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -42.0% | +27.7% | +52.8% | +159.4% | 2025 | -42.0% | 2026 |
| Assessment Ratio | 100.0% | 41.1% | — | 100.0% | 2026 | 20.6% | 2024 |
| Effective Tax Rate (2025) | 1.1400% | 1.1400% | — | 1.1400% | 2025 | 1.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$41,580 | $30,734 | ~$53,014 | $41,580 | 2025 | $25,528 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,885,307 | ~$2,234,954 | ~2.0139% | ~$45,011 | +33.5% |
| 2027 | ~$6,520,727 | ~$2,458,449 | ~1.9814% | ~$48,711 | +78.2% |
| 2028 | ~$8,703,625 | ~$2,704,294 | ~1.9488% | ~$52,702 | +137.8% |
| 2029 | ~$11,617,277 | ~$2,974,723 | ~1.9163% | ~$57,004 | +217.4% |
| 2030 | ~$15,506,311 | ~$3,272,196 | ~1.8837% | ~$61,640 | +323.7% |
| 2026 | ~$4,812,106 | ~$2,234,954 | ~2.0465% | ~$45,738 | +31.5% |
| 2027 | ~$6,326,779 | ~$2,458,449 | ~2.0465% | ~$50,312 | +72.9% |
| 2028 | ~$8,318,215 | ~$2,704,294 | ~2.0465% | ~$55,343 | +127.3% |
| 2029 | ~$10,936,481 | ~$2,974,723 | ~2.0465% | ~$60,877 | +198.8% |
| 2030 | ~$14,378,880 | ~$3,272,196 | ~2.0465% | ~$66,965 | +292.9% |
| 2026 | ~$4,958,508 | ~$2,234,954 | ~1.9977% | ~$44,647 | +35.5% |
| 2027 | ~$6,717,604 | ~$2,458,449 | ~1.9488% | ~$47,911 | +83.5% |
| 2028 | ~$9,100,761 | ~$2,704,294 | ~1.9000% | ~$51,382 | +148.7% |
| 2029 | ~$12,329,374 | ~$2,974,723 | ~1.8512% | ~$55,068 | +236.9% |
| 2030 | ~$16,703,379 | ~$3,272,196 | ~1.8024% | ~$58,977 | +356.4% |
In 2025, this property's market value of $3,660,056 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +158% 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 | $3,660,056 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $1,410,956 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,345,621 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,214,250 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,153,111 | $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.