3051 WOODALL DR TX 78613
| Owner | T RYS ENTERPRISE LLC |
|---|---|
| Parcel ID | 0500400518 |
| Short ID | 365373 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 7,250 SF |
| Land SF | 60,910 SF |
| Acres | 1.398 |
| Year Built | 1983 |
| Legal | ABS 693 SUR 51 SANCHEZ J G ACR 1.4348 |
| Neighborhood | 83NWE |
| Land | $304,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $304,550 |
| Improvement | $483,855 |
|---|---|
| Total Improvement | $483,855 |
| Market | $788,405 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $788,405 |
| Value Limitation Adjustment (−) (homestead cap) | −$42,609 |
| Net Appraised (assessed) | $745,796 |
| Taxable Value | $745,796 |
|---|
Appreciation: Market value has risen +54.8% from $509,266 (2021) to $788,405 (2025), a CAGR of 11.5% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0442% in 2025 (+0.0406% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $15,245. Leander ISD is the largest single contributor, at 53.2% of the total 2025 levy.
Assessment Gap: Assessed value ($745,796) is $42,609 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 39% of market value ($304,550 land vs $483,855 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $788,405, this parcel sits in the lower-middle (25th–50th 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 +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,361,461 by 2030, with an estimated annual tax burden around $20,066. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,950 SF | ✗ |
| 1ST | 1st Floor | 7,250 SF | ✓ |
| 501 | CANOPY | 988 SF | ✗ |
| 327 | STORAGE COMM'L | 564 SF | ✓ |
| SO | Sketch Only | 400 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $8,106.06 | $8,106.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,803.04 | $2,803.04 | Paid |
| CCP City of Cedar Park | 0.4320% | 0.3900% | 0.3700% | 0.3630% | 0.3600% | -0.0030% | $2,684.87 | $2,684.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $880.21 | $880.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $771.15 | $771.15 | Paid |
| Combined Rate | 2.3430% | 2.1802% | 1.9826% | 2.0036% | 2.0442% | +0.0406% | $15,245.33 | $15,245.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $904,242 | $788,405 | +14.7% |
| Assessed Value | $894,955 | $745,796 | +20.0% |
| Land Value | $304,550 | $304,550 | +0.0% |
| Improvement Value | $599,692 | $483,855 | +23.9% |
| Taxable Value | $894,955 | $745,796 | +20.0% |
| HS Cap Loss | -$9,287 | — | |
| Total Tax 2026 = estimate |
~$18,294
Estimated
|
~$15,245
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $904,242 | $904,242 | +0 (+0.0%) |
| Taxable Value | $894,955 | $894,955 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $904,242 | $304,550 | $599,692 | −$9,287 | $894,955 | $894,955 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $788,405 | $304,550 | $483,855 | −$42,609 | $745,796 | $745,796 | ~$15,245 | Partial |
| 2024 | $712,833 | — | — | −$400,333 | $312,500 | $— | $12,539 | Verified |
| 2023 | $519,503 | — | — | −$207,003 | $312,500 | $— | $14,063 | Verified |
| 2022 | $503,382 | — | — | −$253,383 | $249,999 | $— | $11,269 | Verified |
| 2021 | $509,266 | — | — | −$259,267 | $249,999 | $— | $11,794 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.7% | +20.0% | 99.0% | Not available | Partial |
| 2025 | +25.3% | +18.5% | 94.6% | Not available | Partial |
| 2024 | -11.7% | -11.7% | ~100% | 1.9900% | Verified |
| 2023 | +37.2% | +37.2% | ~100% | 1.9700% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 2.1700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.7% | +12.9% | +8.7% | +37.2% | 2024 | -1.2% | 2022 |
| Assessment Ratio | 99.0% | 66.1% | — | 99.0% | 2026 | 43.8% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,245 | $12,982 | ~$18,089 | $15,245 | 2025 | $11,269 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$879,429 | ~$820,376 | ~1.9695% | ~$16,157 | +11.5% |
| 2027 | ~$980,961 | ~$902,413 | ~1.8948% | ~$17,099 | +24.4% |
| 2028 | ~$1,094,216 | ~$992,654 | ~1.8201% | ~$18,067 | +38.8% |
| 2029 | ~$1,220,546 | ~$1,091,920 | ~1.7454% | ~$19,058 | +54.8% |
| 2030 | ~$1,361,461 | ~$1,201,112 | ~1.6707% | ~$20,066 | +72.7% |
| 2026 | ~$863,660 | ~$820,376 | ~2.0442% | ~$16,770 | +9.5% |
| 2027 | ~$946,099 | ~$902,413 | ~2.0442% | ~$18,447 | +20.0% |
| 2028 | ~$1,036,407 | ~$992,654 | ~2.0442% | ~$20,292 | +31.5% |
| 2029 | ~$1,135,335 | ~$1,091,920 | ~2.0442% | ~$22,321 | +44.0% |
| 2030 | ~$1,243,706 | ~$1,201,112 | ~2.0442% | ~$24,553 | +57.7% |
| 2026 | ~$895,197 | ~$820,376 | ~1.9321% | ~$15,851 | +13.5% |
| 2027 | ~$1,016,453 | ~$902,413 | ~1.8201% | ~$16,424 | +28.9% |
| 2028 | ~$1,154,135 | ~$992,654 | ~1.7080% | ~$16,955 | +46.4% |
| 2029 | ~$1,310,466 | ~$1,091,920 | ~1.5960% | ~$17,427 | +66.2% |
| 2030 | ~$1,487,972 | ~$1,201,112 | ~1.4839% | ~$17,823 | +88.7% |
In 2025, this property's market value of $788,405 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -44% below 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 | $788,405 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $712,833 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $519,503 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $503,382 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $509,266 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.