23004 WINDY VALLEY RD TX 78641
| Owner | BENNETT BROTHERS |
|---|---|
| Parcel ID | 0517670414 |
| Short ID | 354200 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,000 SF |
| Land SF | 232,610 SF |
| Acres | 5.340 |
| Year Built | 2013 |
| Legal | LOT 5-7 SANDY CREEK RANCHES PHS 1 SEC 1 |
| Neighborhood | 61NWE |
| Land | $465,221 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $465,221 |
| Improvement | $915,482 |
|---|---|
| Total Improvement | $915,482 |
| Market | $1,380,703 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,380,703 |
| Value Limitation Adjustment (−) (homestead cap) | −$70,502 |
| Net Appraised (assessed) | $1,310,201 |
| Taxable Value | $1,310,201 |
|---|
Appreciation: Market value has risen +96.7% from $702,099 (2021) to $1,380,703 (2025), a CAGR of 18.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $24,686. Leander ISD is the largest single contributor, at 57.7% of the total 2025 levy.
Assessment Gap: Assessed value ($1,310,201) is $70,502 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 34% of market value ($465,221 land vs $915,482 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,380,703, 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 +18.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,215,346 by 2030, with an estimated annual tax burden around $33,774. 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 | 23,300 SF | ✗ |
| 1ST | 1st Floor | 5,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 4,000 SF | ✓ |
| MEZZ | Mezzanine | 2,000 SF | ✓ |
| 511 | DECK | 1,848 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% | $14,240.57 | $14,240.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,924.32 | $4,924.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,546.34 | $1,546.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,354.75 | $1,354.75 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,310.20 | $1,310.20 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $1,309.77 | $1,309.77 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $24,685.95 | $24,685.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,912,635 | $1,380,703 | +38.5% |
| Assessed Value | $1,572,241 | $1,310,201 | +20.0% |
| Land Value | $465,221 | $465,221 | +0.0% |
| Improvement Value | $1,447,414 | $915,482 | +58.1% |
| Taxable Value | $1,572,241 | $1,310,201 | +20.0% |
| HS Cap Loss | -$340,394 | — | |
| Total Tax 2026 = estimate |
~$29,623
Estimated
|
~$24,686
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,101,797 | $1,912,635 | -189,162 (-9.0%) |
| Taxable Value | $1,572,241 | $1,572,241 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,912,635 | $465,221 | $1,447,414 | −$340,394 | $1,572,241 | $1,572,241 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,380,703 | $465,221 | $915,482 | −$70,502 | $1,310,201 | $1,310,201 | ~$24,686 | Partial |
| 2024 | $1,184,947 | — | — | −$719,726 | $465,221 | $— | $19,998 | Verified |
| 2023 | $900,000 | — | — | −$481,878 | $418,122 | $— | $21,292 | Verified |
| 2022 | $681,015 | — | — | −$262,893 | $418,122 | $— | $17,718 | Verified |
| 2021 | $702,099 | — | — | −$612,168 | $89,931 | $— | $13,695 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +52.2% | +20.0% | 74.8% | Not available | Partial |
| 2025 | +26.5% | +20.0% | 94.9% | Not available | Partial |
| 2024 | -7.9% | -7.9% | ~100% | 1.8300% | Verified |
| 2023 | +18.2% | +18.2% | ~100% | 1.8000% | Verified |
| 2022 | +47.3% | +47.3% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +102.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +38.5% | +23.2% | +11.8% | +38.5% | 2026 | -3.0% | 2022 |
| Assessment Ratio | 82.2% | 56.2% | — | 94.9% | 2025 | 12.8% | 2021 |
| Effective Tax Rate (2025) | 1.7900% | 1.7900% | — | 1.7900% | 2025 | 1.7900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,686 | $19,478 | ~$29,973 | $24,686 | 2025 | $13,695 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,635,030 | ~$1,441,221 | ~1.8274% | ~$26,337 | +18.4% |
| 2027 | ~$1,936,205 | ~$1,585,343 | ~1.7707% | ~$28,072 | +40.2% |
| 2028 | ~$2,292,856 | ~$1,743,878 | ~1.7140% | ~$29,890 | +66.1% |
| 2029 | ~$2,715,202 | ~$1,918,265 | ~1.6573% | ~$31,791 | +96.7% |
| 2030 | ~$3,215,346 | ~$2,110,092 | ~1.6006% | ~$33,774 | +132.9% |
| 2026 | ~$1,607,416 | ~$1,441,221 | ~1.8841% | ~$27,155 | +16.4% |
| 2027 | ~$1,871,356 | ~$1,585,343 | ~1.8841% | ~$29,870 | +35.5% |
| 2028 | ~$2,178,634 | ~$1,743,878 | ~1.8841% | ~$32,857 | +57.8% |
| 2029 | ~$2,536,369 | ~$1,918,265 | ~1.8841% | ~$36,143 | +83.7% |
| 2030 | ~$2,952,843 | ~$2,110,092 | ~1.8841% | ~$39,757 | +113.9% |
| 2026 | ~$1,662,644 | ~$1,441,221 | ~1.7991% | ~$25,929 | +20.4% |
| 2027 | ~$2,002,158 | ~$1,585,343 | ~1.7140% | ~$27,173 | +45.0% |
| 2028 | ~$2,411,001 | ~$1,743,878 | ~1.6289% | ~$28,407 | +74.6% |
| 2029 | ~$2,903,330 | ~$1,918,265 | ~1.5439% | ~$29,615 | +110.3% |
| 2030 | ~$3,496,193 | ~$2,110,092 | ~1.4588% | ~$30,782 | +153.2% |
In 2025, this property's market value of $1,380,703 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -3% 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 | $1,380,703 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,184,947 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $900,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $681,015 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $702,099 | $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.