HUR INDUSTRIAL BLVD TX 78641
| Owner | NEW EDGE DS PROPERTIES LLC |
|---|---|
| Parcel ID | 0500400802 |
| Short ID | 487035 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 18,945 SF |
| Land SF | 71,884 SF |
| Acres | 1.650 |
| Year Built | 2022 |
| Legal | LOT 2 BLK B HUR INDUSTRIAL PARK II SEC 1 |
| Neighborhood | 1NW3 |
| Land | $323,478 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $323,478 |
| Improvement | $1,715,179 |
|---|---|
| Total Improvement | $1,715,179 |
| Market | $2,038,657 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,038,657 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,038,657 |
| Taxable Value | $2,038,657 |
|---|
Appreciation: Market value has risen +597.7% from $292,215 (2021) to $2,038,657 (2025), a CAGR of 62.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $41,674. Leander ISD is the largest single contributor, at 53.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 16% of market value ($323,478 land vs $1,715,179 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,038,657, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +62.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $23,115,124 by 2030, with an estimated annual tax burden around $54,852. 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 | 34,000 SF | ✗ |
| 1ST | 1st Floor | 18,945 SF | ✓ |
| 501 | CANOPY | 1,400 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,400 SF | ✗ |
| 407 | LOADING DOCK | 400 SF | ✓ |
Market value changed by 532% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $22,158.16 | $22,158.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,662.19 | $7,662.19 | Paid |
| CCP City of Cedar Park | 0.4320% | 0.3900% | 0.3700% | 0.3630% | 0.3600% | -0.0030% | $7,339.17 | $7,339.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,406.08 | $2,406.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,107.97 | $2,107.97 | Paid |
| Combined Rate | 2.3430% | 2.1802% | 1.9826% | 2.0036% | 2.0442% | +0.0406% | $41,673.57 | $41,673.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,547,000 | $2,038,657 | +24.9% |
| Assessed Value | $2,446,388 | $2,038,657 | +20.0% |
| Land Value | $323,478 | $323,478 | +0.0% |
| Improvement Value | $2,223,522 | $1,715,179 | +29.6% |
| Taxable Value | $2,446,388 | $2,038,657 | +20.0% |
| HS Cap Loss | -$100,612 | — | |
| Total Tax 2026 = estimate |
~$50,008
Estimated
|
~$41,674
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,242,116 | $2,547,000 | -1,695,116 (-40.0%) |
| Taxable Value | $2,446,388 | $2,446,388 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,547,000 | $323,478 | $2,223,522 | −$100,612 | $2,446,388 | $2,446,388 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,038,657 | $323,478 | $1,715,179 | — | $2,038,657 | $2,038,657 | ~$41,674 | Partial |
| 2024 | $2,045,084 | — | — | −$1,721,606 | $323,478 | $— | $38,326 | Verified |
| 2023 | $— | — | — | — | $323,478 | $— | $40,547 | Verified |
| 2022 | $— | — | — | — | $323,478 | $— | $7,053 | Verified |
| 2021 | $292,215 | — | — | — | $292,215 | $— | $6,847 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +108.1% ! | +20.0% | 57.7% | Not available | Partial |
| 2025 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2024 | -6.5% | -6.5% | ~100% | 2.0000% | Verified |
| 2023 | +532.2% ! | +532.2% | ~100% | 1.9800% | Verified |
| 2022 | +10.7% | +10.7% | ~100% | 2.1800% | Verified |
| 2021 | base year | — | ~100% | 2.3400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +597.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.9% | +208.2% | +56.0% | +599.9% | 2024 | -0.3% | 2025 |
| Assessment Ratio | 96.0% | 78.0% | — | 100.0% | 2021 | 15.8% | 2024 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$41,674 | $28,949 | ~$49,448 | $41,674 | 2025 | $6,847 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,313,253 | ~$2,242,523 | ~1.9695% | ~$44,166 | +62.5% |
| 2027 | ~$5,384,743 | ~$2,466,775 | ~1.8948% | ~$46,740 | +164.1% |
| 2028 | ~$8,751,357 | ~$2,713,452 | ~1.8201% | ~$49,386 | +329.3% |
| 2029 | ~$14,222,823 | ~$2,984,798 | ~1.7454% | ~$52,095 | +597.7% |
| 2030 | ~$23,115,124 | ~$3,283,277 | ~1.6707% | ~$54,852 | +1033.8% |
| 2026 | ~$3,272,480 | ~$2,242,523 | ~2.0442% | ~$45,841 | +60.5% |
| 2027 | ~$5,253,028 | ~$2,466,775 | ~2.0442% | ~$50,425 | +157.7% |
| 2028 | ~$8,432,232 | ~$2,713,452 | ~2.0442% | ~$55,468 | +313.6% |
| 2029 | ~$13,535,533 | ~$2,984,798 | ~2.0442% | ~$61,014 | +563.9% |
| 2030 | ~$21,727,419 | ~$3,283,277 | ~2.0442% | ~$67,116 | +965.8% |
| 2026 | ~$3,354,026 | ~$2,242,523 | ~1.9321% | ~$43,328 | +64.5% |
| 2027 | ~$5,518,089 | ~$2,466,775 | ~1.8201% | ~$44,897 | +170.7% |
| 2028 | ~$9,078,434 | ~$2,713,452 | ~1.7080% | ~$46,346 | +345.3% |
| 2029 | ~$14,935,962 | ~$2,984,798 | ~1.5960% | ~$47,636 | +632.6% |
| 2030 | ~$24,572,846 | ~$3,283,277 | ~1.4839% | ~$48,720 | +1105.3% |
In 2025, this property's market value of $2,038,657 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 24× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,038,657 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,045,084 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $292,215 | $6,000 | $14,480 | $80,000 | ↑ Top 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.