1500 W 35 ST TX 78703
| Owner | MASCOT LLC |
|---|---|
| Parcel ID | 0119001315 |
| Short ID | 119486 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 33,202 SF |
| Land SF | 102,008 SF |
| Acres | 2.342 |
| Year Built | 1971 |
| Legal | 102008 SQ FT OF BLK 15-16 GLENRIDGE PLUS ADJ PT VAC ST & ALLEY |
| Neighborhood | 44CEN |
| Land | $7,650,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,650,600 |
| Improvement | $462,378 |
|---|---|
| Total Improvement | $462,378 |
| Market | $8,112,978 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,112,978 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,112,978 |
| Taxable Value | $8,112,978 |
|---|
Appreciation: Market value has risen +19.0% from $6,818,557 (2021) to $8,112,978 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. 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 +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $166,031. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 94% of market value ($7,650,600 land vs $462,378 improvements), about $75/SF of land. With value concentrated in the land under a ~55-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 $8,112,978, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +9.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,757,406 by 2031, with an estimated annual tax burden around $315,666. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 57,462 SF | ✗ |
| 1ST | 1st Floor | 33,202 SF | ✓ |
| 491 | SPRINKLER HEADS | 33,202 SF | ✗ |
| 501 | CANOPY | 1,272 SF | ✗ |
| 408 | LOADING RAMP | 550 SF | ✓ |
| 407 | LOADING DOCK | 180 SF | ✓ |
| 482 | LIGHT POLES | 5 SF | ✓ |
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.
| 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% | $75,061.27 | $75,061.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $42,513.38 | $42,513.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30,492.22 | $30,492.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,575.18 | $9,575.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,388.82 | $8,388.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $166,030.87 | $166,030.87 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $75,061.27 | 45.2% |
| CAT City of Austin | 0.5240% | $42,513.38 | 25.6% |
| TCO Travis County | 0.3758% | $30,492.22 | 18.4% |
| THD Travis Central Health | 0.1180% | $9,575.18 | 5.8% |
| ACT Austin Community College | 0.1034% | $8,388.82 | 5.1% |
| Total | 2.0465% | $166,030.87 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,689,309 | $8,112,978 | +31.8% |
| Assessed Value | $10,689,309 | $8,112,978 | +31.8% |
| Land Value | $10,200,800 | $7,650,600 | +33.3% |
| Improvement Value | $488,509 | $462,378 | +5.7% |
| Taxable Value | $10,689,309 | $8,112,978 | +31.8% |
| Total Tax 2026 = estimate |
~$218,755
Estimated
|
~$166,031
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,689,309 | $10,200,800 | $488,509 | — | $10,689,309 | $10,689,309 | Not yet — post-cert | Preliminary |
| 2025 | $8,112,978 | $7,650,600 | $462,378 | — | $8,112,978 | $8,112,978 | ~$166,031 | Partial |
| 2024 | $9,204,054 | $7,650,600 | $1,553,454 | — | $9,204,054 | $9,204,054 | $160,743 | Verified |
| 2023 | $9,233,861 | $7,650,600 | $1,583,261 | — | $9,233,861 | $9,233,861 | $167,063 | Verified |
| 2022 | $6,818,000 | $6,120,480 | $697,520 | — | $6,818,000 | $6,818,000 | $129,777 | Verified |
| 2021 | $6,818,557 | $6,120,480 | $698,077 | — | $6,818,557 | $6,818,557 | $143,495 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.8% | +31.8% | ~100% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | No billing data | Verified |
| 2023 | +35.4% | +35.4% | ~100% | No billing data | Verified |
| 2022 | -0.0% | -0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.8% | +11.0% | +9.4% | +35.4% | 2023 | -11.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$166,031 | $153,422 | ~$274,210 | $167,063 | 2023 | $129,777 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,695,023 | ~$11,695,023 | ~2.0139% | ~$235,530 | +9.4% |
| 2028 | ~$12,795,360 | ~$12,795,360 | ~1.9814% | ~$253,526 | +19.7% |
| 2029 | ~$13,999,223 | ~$13,999,223 | ~1.9488% | ~$272,822 | +31.0% |
| 2030 | ~$15,316,353 | ~$15,316,353 | ~1.9163% | ~$293,506 | +43.3% |
| 2031 | ~$16,757,406 | ~$16,757,406 | ~1.8837% | ~$315,666 | +56.8% |
| 2027 | ~$11,481,236 | ~$11,481,236 | ~2.0465% | ~$234,962 | +7.4% |
| 2028 | ~$12,331,834 | ~$12,331,834 | ~2.0465% | ~$252,369 | +15.4% |
| 2029 | ~$13,245,450 | ~$13,245,450 | ~2.0465% | ~$271,066 | +23.9% |
| 2030 | ~$14,226,751 | ~$14,226,751 | ~2.0465% | ~$291,148 | +33.1% |
| 2031 | ~$15,280,753 | ~$15,280,753 | ~2.0465% | ~$312,718 | +43.0% |
| 2027 | ~$11,908,809 | ~$11,758,240 | ~1.9977% | ~$234,890 | +11.4% |
| 2028 | ~$13,267,436 | ~$12,934,064 | ~1.9488% | ~$252,064 | +24.1% |
| 2029 | ~$14,781,064 | ~$14,227,470 | ~1.9000% | ~$270,324 | +38.3% |
| 2030 | ~$16,467,375 | ~$15,650,217 | ~1.8512% | ~$289,716 | +54.1% |
| 2031 | ~$18,346,071 | ~$17,215,239 | ~1.8024% | ~$310,283 | +71.6% |
In 2025, this property's market value of $8,112,978 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× the county median of $1,382,921. 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 | $8,112,978 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $9,204,054 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $9,233,861 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $6,818,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $6,818,557 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |