9811 S INTERSTATE HY 35 5 TX 78744
| Owner | COMET EMPIRE LLC ARGO SERIES |
|---|---|
| Parcel ID | 0434091508 |
| Short ID | 810865 |
| 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 5 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 | $2,509,449 |
|---|---|
| Total Improvement | $2,509,449 |
| Market | $2,800,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,800,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$897,294 |
| Net Appraised (assessed) | $1,902,706 |
| Taxable Value | $1,902,706 |
|---|
Appreciation: Market value has risen +158.6% from $1,082,700 (2021) to $2,800,000 (2025), a CAGR of 26.8% 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 $38,939. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,902,706) is $897,294 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 10% of market value ($290,551 land vs $2,509,449 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 $2,800,000, 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 +26.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,182,700 by 2030, with an estimated annual tax burden around $57,724. 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 | ✓ |
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% | $17,603.84 | $17,603.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,970.50 | $9,970.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,151.23 | $7,151.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,245.63 | $2,245.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,967.40 | $1,967.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,938.60 | $38,938.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,000,000 | $2,800,000 | -28.6% |
| Assessed Value | $2,000,000 | $1,902,706 | +5.1% |
| Land Value | $290,551 | $290,551 | +0.0% |
| Improvement Value | $1,709,449 | $2,509,449 | -31.9% |
| Taxable Value | $1,981,793 | $1,902,706 | +4.2% |
| Total Tax 2026 = estimate |
~$40,557
Estimated
|
~$38,939
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,000,000 | $2,000,000 | +0 (+0.0%) |
| Taxable Value | $1,981,793 | $1,981,793 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,000,000 | $290,551 | $1,709,449 | — | $2,000,000 | $1,981,793 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,800,000 | $290,551 | $2,509,449 | −$897,294 | $1,902,706 | $1,902,706 | ~$38,939 | Partial |
| 2024 | $1,321,323 | — | — | −$1,030,772 | $290,551 | $— | $31,423 | Verified |
| 2023 | $1,285,000 | — | — | −$994,449 | $290,551 | $— | $23,906 | Verified |
| 2022 | $1,136,835 | — | — | −$846,284 | $290,551 | $— | $25,378 | Verified |
| 2021 | $1,082,700 | — | — | −$792,149 | $290,551 | $— | $24,745 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -28.6% | +5.1% | ~100% | Not available | Partial |
| 2025 | +40.0% | +20.0% | 68.0% | Not available | Partial |
| 2024 | +51.4% | +20.0% | 79.3% | 1.5700% | Verified |
| 2023 | +2.8% | +2.8% | ~100% | 1.8100% | Verified |
| 2022 | +13.0% | +13.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +146.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -28.6% | +20.8% | +37.0% | +111.9% | 2025 | -28.6% | 2026 |
| Assessment Ratio | 100.0% | 44.2% | — | 100.0% | 2026 | 22.0% | 2024 |
| Effective Tax Rate (2025) | 1.3900% | 1.3900% | — | 1.3900% | 2025 | 1.3900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$38,939 | $28,878 | ~$49,646 | $38,939 | 2025 | $23,906 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,550,753 | ~$2,092,977 | ~2.0139% | ~$42,151 | +26.8% |
| 2027 | ~$4,502,803 | ~$2,302,274 | ~1.9814% | ~$45,617 | +60.8% |
| 2028 | ~$5,710,123 | ~$2,532,502 | ~1.9488% | ~$49,354 | +103.9% |
| 2029 | ~$7,241,156 | ~$2,785,752 | ~1.9163% | ~$53,383 | +158.6% |
| 2030 | ~$9,182,700 | ~$3,064,327 | ~1.8837% | ~$57,724 | +228.0% |
| 2026 | ~$3,494,753 | ~$2,092,977 | ~2.0465% | ~$42,832 | +24.8% |
| 2027 | ~$4,361,893 | ~$2,302,274 | ~2.0465% | ~$47,116 | +55.8% |
| 2028 | ~$5,444,193 | ~$2,532,502 | ~2.0465% | ~$51,827 | +94.4% |
| 2029 | ~$6,795,040 | ~$2,785,752 | ~2.0465% | ~$57,010 | +142.7% |
| 2030 | ~$8,481,068 | ~$3,064,327 | ~2.0465% | ~$62,711 | +202.9% |
| 2026 | ~$3,606,753 | ~$2,092,977 | ~1.9977% | ~$41,811 | +28.8% |
| 2027 | ~$4,645,953 | ~$2,302,274 | ~1.9488% | ~$44,868 | +65.9% |
| 2028 | ~$5,984,574 | ~$2,532,502 | ~1.9000% | ~$48,118 | +113.7% |
| 2029 | ~$7,708,887 | ~$2,785,752 | ~1.8512% | ~$51,570 | +175.3% |
| 2030 | ~$9,930,019 | ~$3,064,327 | ~1.8024% | ~$55,231 | +254.6% |
In 2025, this property's market value of $2,800,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +98% 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 | $2,800,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,321,323 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,285,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,136,835 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,082,700 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.