9810 OLD LOCKHART RD B TX 78747
| Owner | LANDSCAPE REALTY PARTNERS LP |
|---|---|
| Parcel ID | 0444050603 |
| Short ID | 901958 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 15,064 SF |
| Land SF | 305,530 SF |
| Acres | 7.014 |
| Year Built | 2019 |
| Legal | UNT B BRADSHAW COMMERCIAL CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 61SEA |
| Land | $305,530 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $305,530 |
| Improvement | $1,966,678 |
|---|---|
| Total Improvement | $1,966,678 |
| Market | $2,272,208 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,272,208 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,272,208 |
| Taxable Value | $2,272,208 |
|---|
Appreciation: Market value has risen +67.1% from $1,360,000 (2021) to $2,272,208 (2025), a CAGR of 13.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 6 taxing entities is 1.7225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $39,138. Austin ISD is the largest single contributor, at 53.7% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 13% of market value ($305,530 land vs $1,966,678 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,272,208, 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 +13.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,316,031 by 2030, with an estimated annual tax burden around $57,854. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 28,080 SF | ✗ |
| 1ST | 1st Floor | 13,264 SF | ✓ |
| 611 | TERRACE | 5,248 SF | ✗ |
| 501 | CANOPY | 4,016 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,820 SF | ✓ |
| 2ND | 2nd Floor | 1,800 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% | $21,022.47 | $21,022.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,539.98 | $8,539.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,681.73 | $2,681.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,349.46 | $2,349.46 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,272.21 | $2,272.21 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,272.21 | $2,272.21 | Paid |
| Combined Rate | 1.8357% | 1.7020% | 1.5634% | 1.7042% | 1.7225% | +0.0183% | $39,138.06 | $39,138.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,783,973 | $2,272,208 | -21.5% |
| Assessed Value | $1,783,973 | $2,272,208 | -21.5% |
| Land Value | $305,530 | $305,530 | +0.0% |
| Improvement Value | $1,478,443 | $1,966,678 | -24.8% |
| Taxable Value | $1,783,973 | $2,272,208 | -21.5% |
| Total Tax 2026 = estimate |
~$30,728
Estimated
|
~$39,138
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,783,973 | $1,783,973 | +0 (+0.0%) |
| Taxable Value | $1,783,973 | $1,783,973 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,783,973 | $305,530 | $1,478,443 | — | $1,783,973 | $1,783,973 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,272,208 | $305,530 | $1,966,678 | — | $2,272,208 | $2,272,208 | ~$39,138 | Partial |
| 2024 | $1,971,000 | — | — | −$1,665,470 | $305,530 | $— | $37,805 | Verified |
| 2023 | $1,951,000 | — | — | −$1,645,470 | $305,530 | $— | $30,943 | Verified |
| 2022 | $1,716,773 | — | — | −$1,411,243 | $305,530 | $— | $31,186 | Verified |
| 2021 | $1,360,000 | — | — | −$1,054,470 | $305,530 | $— | $31,916 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -21.5% | -21.5% | ~100% | Not available | Partial |
| 2025 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2024 | +5.6% | +5.6% | ~100% | 1.7000% | Verified |
| 2023 | +7.6% | +7.6% | ~100% | 1.4700% | Verified |
| 2022 | -20.0% | -20.0% | ~100% | 1.6000% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.5% | +6.9% | +19.9% | +26.2% | 2022 | -21.5% | 2026 |
| Assessment Ratio | 100.0% | 45.2% | — | 100.0% | 2025 | 15.5% | 2024 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$39,138 | $34,198 | ~$49,812 | $39,138 | 2025 | $30,943 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,583,303 | ~$2,499,429 | ~1.6942% | ~$42,344 | +13.7% |
| 2027 | ~$2,936,991 | ~$2,749,372 | ~1.6659% | ~$45,801 | +29.3% |
| 2028 | ~$3,339,104 | ~$3,024,309 | ~1.6376% | ~$49,525 | +47.0% |
| 2029 | ~$3,796,271 | ~$3,326,740 | ~1.6093% | ~$53,536 | +67.1% |
| 2030 | ~$4,316,031 | ~$3,659,414 | ~1.5810% | ~$57,854 | +89.9% |
| 2026 | ~$2,537,859 | ~$2,499,429 | ~1.7225% | ~$43,052 | +11.7% |
| 2027 | ~$2,834,568 | ~$2,749,372 | ~1.7225% | ~$47,357 | +24.7% |
| 2028 | ~$3,165,966 | ~$3,024,309 | ~1.7225% | ~$52,093 | +39.3% |
| 2029 | ~$3,536,110 | ~$3,326,740 | ~1.7225% | ~$57,302 | +55.6% |
| 2030 | ~$3,949,527 | ~$3,659,414 | ~1.7225% | ~$63,032 | +73.8% |
| 2026 | ~$2,628,747 | ~$2,499,429 | ~1.6800% | ~$41,991 | +15.7% |
| 2027 | ~$3,041,232 | ~$2,749,372 | ~1.6376% | ~$45,023 | +33.8% |
| 2028 | ~$3,518,442 | ~$3,024,309 | ~1.5951% | ~$48,241 | +54.8% |
| 2029 | ~$4,070,532 | ~$3,326,740 | ~1.5527% | ~$51,653 | +79.1% |
| 2030 | ~$4,709,252 | ~$3,659,414 | ~1.5102% | ~$55,264 | +107.3% |
In 2025, this property's market value of $2,272,208 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +60% 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 | $2,272,208 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,971,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,951,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,716,773 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,360,000 | $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.