NAMELESS RD TX 78641
| Owner | CORDES RICHARD LEROY |
|---|---|
| Parcel ID | 0517670340 |
| Short ID | 354174 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 1,350 SF |
| Land SF | 90,605 SF |
| Acres | 2.080 |
| Year Built | 1980 |
| Legal | LOT 14 (2.08 AC) SANDY CREEK RANCHES PHS 3 |
| Neighborhood | 61NWE |
| Land | $199,331 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $199,331 |
| Improvement | $56,479 |
|---|---|
| Total Improvement | $56,479 |
| Market | $255,810 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $255,810 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $255,810 |
| Taxable Value | $255,810 |
|---|
Appreciation: Market value has risen +161.5% from $97,808 (2021) to $255,810 (2025), a CAGR of 27.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 6 taxing entities is 1.8841% in 2025 (+0.0525% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $4,820. Leander ISD is the largest single contributor, at 57.7% 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 78% of market value ($199,331 land vs $56,479 improvements), about $2/SF of land. With value concentrated in the land under a ~46-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $255,810, this parcel sits in the bottom quartile (<25th 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 +27.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $850,837 by 2030, with an estimated annual tax burden around $6,594. 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 | 1,350 SF | ✓ |
Market value changed by 151% in 2022, 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% | $2,780.40 | $2,780.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $961.45 | $961.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $301.91 | $301.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $264.51 | $264.51 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $255.81 | $255.81 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $255.73 | $255.73 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $4,819.81 | $4,819.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $303,212 | $255,810 | +18.5% |
| Assessed Value | $303,212 | $255,810 | +18.5% |
| Land Value | $199,331 | $199,331 | +0.0% |
| Improvement Value | $103,881 | $56,479 | +83.9% |
| Taxable Value | $303,212 | $255,810 | +18.5% |
| Total Tax 2026 = estimate |
~$5,713
Estimated
|
~$4,820
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $303,212 | $303,212 | +0 (+0.0%) |
| Taxable Value | $303,212 | $303,212 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $303,212 | $199,331 | $103,881 | — | $303,212 | $303,212 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $255,810 | $199,331 | $56,479 | — | $255,810 | $255,810 | ~$4,820 | Partial |
| 2024 | $242,893 | — | — | −$43,562 | $199,331 | $— | $4,402 | Verified |
| 2023 | $244,200 | — | — | −$53,339 | $190,861 | $— | $4,364 | Verified |
| 2022 | $97,271 | — | — | — | $190,861 ! | $— | $4,807 | Verified |
| 2021 | $97,808 | — | — | −$31,914 | $65,894 | $— | $1,956 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.5% | +18.5% | ~100% | Not available | Partial |
| 2025 | +6.4% | +6.4% | ~100% | Not available | Partial |
| 2024 | -1.0% | -1.0% | ~100% | 1.8300% | Verified |
| 2023 | -0.5% | -0.5% | ~100% | 1.8000% | Verified |
| 2022 | +151.1% ! | +151.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +163.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.5% | +34.8% | +23.2% | +151.1% | 2023 | -0.5% | 2024 |
| Assessment Ratio | 100.0% | 104.0% | — | 196.2% | 2022 | 67.4% | 2021 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,820 | $4,070 | ~$5,852 | $4,820 | 2025 | $1,956 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$325,314 | ~$281,391 | ~1.8274% | ~$5,142 | +27.2% |
| 2027 | ~$413,703 | ~$309,530 | ~1.7707% | ~$5,481 | +61.7% |
| 2028 | ~$526,108 | ~$340,483 | ~1.7140% | ~$5,836 | +105.7% |
| 2029 | ~$669,053 | ~$374,531 | ~1.6573% | ~$6,207 | +161.5% |
| 2030 | ~$850,837 | ~$411,985 | ~1.6006% | ~$6,594 | +232.6% |
| 2026 | ~$320,198 | ~$281,391 | ~1.8841% | ~$5,302 | +25.2% |
| 2027 | ~$400,793 | ~$309,530 | ~1.8841% | ~$5,832 | +56.7% |
| 2028 | ~$501,674 | ~$340,483 | ~1.8841% | ~$6,415 | +96.1% |
| 2029 | ~$627,947 | ~$374,531 | ~1.8841% | ~$7,057 | +145.5% |
| 2030 | ~$786,003 | ~$411,985 | ~1.8841% | ~$7,762 | +207.3% |
| 2026 | ~$330,431 | ~$281,391 | ~1.7991% | ~$5,062 | +29.2% |
| 2027 | ~$426,818 | ~$309,530 | ~1.7140% | ~$5,305 | +66.8% |
| 2028 | ~$551,323 | ~$340,483 | ~1.6289% | ~$5,546 | +115.5% |
| 2029 | ~$712,145 | ~$374,531 | ~1.5439% | ~$5,782 | +178.4% |
| 2030 | ~$919,880 | ~$411,985 | ~1.4588% | ~$6,010 | +259.6% |
In 2025, this property's market value of $255,810 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -82% 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 | $255,810 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $242,893 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $244,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $97,271 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $97,808 | $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.