PEDERNALES SUMMIT PKWY TX
| Owner | SEVENTY ONE PROPERTIES LLC |
|---|---|
| Parcel ID | 0126960135 |
| Short ID | 911663 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 6,000 SF |
| Land SF | 140,263 SF |
| Acres | 3.220 |
| Year Built | 2022 |
| Legal | LOT 1 BLK A SWEETWATER RANCH SEC 2 COMMERCIAL 3 |
| Neighborhood | 1SW3 |
| Land | $981,842 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $981,842 |
| Improvement | $1,675,898 |
|---|---|
| Total Improvement | $1,675,898 |
| Market | $2,657,740 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,657,740 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,657,740 |
| Taxable Value | $2,657,740 |
|---|
Appreciation: Market value has risen +215.8% from $841,579 (2021) to $2,657,740 (2025), a CAGR of 33.3% 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 +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.6366% in 2025 (+0.0656% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $70,074. Lake Travis ISD is the largest single contributor, at 39.4% 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 37% of market value ($981,842 land vs $1,675,898 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,657,740, this parcel sits in the upper-middle (50th–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 +26.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,757,797 by 2031, with an estimated annual tax burden around $102,561. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 33,800 SF | ✗ |
| 1ST | 1st Floor | 6,000 SF | ✓ |
| 501 | CANOPY | 6,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $25,472.65 | $25,472.65 | Paid |
| U5M Lazy Nine MUD # 1B | 0.9850% | 0.9200% | 0.8950% | 0.8950% | 0.9325% | +0.0375% | $22,846.25 | $22,846.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,208.20 | $9,208.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,891.56 | $2,891.56 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $2,278.87 | $2,278.87 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $1,898.75 | $1,898.75 | Paid |
| Combined Rate | 2.8693% | 2.7020% | 2.5284% | 2.5710% | 2.6366% | +0.0656% | $64,596.28 | $64,596.28 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $25,472.65 | 39.4% |
| U5M Lazy Nine MUD # 1B | 0.9325% | $22,846.25 | 35.4% |
| TCO Travis County | 0.3758% | $9,208.20 | 14.3% |
| THD Travis Central Health | 0.1180% | $2,891.56 | 4.5% |
| E08 Travis County ESD # 08 | 0.0930% | $2,278.87 | 3.5% |
| E16 Travis County ESD # 16 | 0.0775% | $1,898.75 | 2.9% |
| Total | 2.6366% | $64,596.28 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,714,844 | $2,657,740 | +2.1% |
| Assessed Value | $2,714,844 | $2,657,740 | +2.1% |
| Land Value | $981,842 | $981,842 | +0.0% |
| Improvement Value | $1,733,002 | $1,675,898 | +3.4% |
| Taxable Value | $2,714,844 | $2,657,740 | +2.1% |
| Total Tax 2026 = estimate |
~$71,579
Estimated
|
~$64,596
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,714,844 | $981,842 | $1,733,002 | — | $2,714,844 | $2,714,844 | Not yet — post-cert | Preliminary |
| 2025 | $2,657,740 | $981,842 | $1,675,898 | — | $2,657,740 | $2,657,740 | ~$64,596 | Partial |
| 2024 | $2,665,278 | $981,842 | $1,683,436 | — | $2,665,278 | $2,665,278 | $68,525 | Verified |
| 2023 | $2,688,325 | $981,842 | $1,706,483 | — | $2,688,325 | $2,688,325 | $67,973 | Verified |
| 2022 | $981,842 | $981,842 | — | — | $981,842 | $981,842 | $26,530 | Verified |
| 2021 | $841,579 | $841,579 | — | — | $841,579 | $841,579 | $24,147 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | No billing data | Verified |
| 2023 | +173.8% ! | +173.8% | ~100% | No billing data | Verified |
| 2022 | +16.7% | +16.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +215.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.1% | +38.3% | +26.4% | +173.8% | 2023 | -0.9% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.4300% | 2.4300% | — | 2.4300% | 2025 | 2.4300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$64,596 | $50,354 | ~$89,373 | $68,525 | 2024 | $24,147 | 2021 |
Market value changed by 174% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,431,428 | ~$2,986,328 | ~2.5784% | ~$77,000 | +26.4% |
| 2028 | ~$4,337,154 | ~$3,284,961 | ~2.5202% | ~$82,789 | +59.8% |
| 2029 | ~$5,481,948 | ~$3,613,457 | ~2.4621% | ~$88,966 | +101.9% |
| 2030 | ~$6,928,909 | ~$3,974,803 | ~2.4039% | ~$95,550 | +155.2% |
| 2031 | ~$8,757,797 | ~$4,372,283 | ~2.3457% | ~$102,561 | +222.6% |
| 2027 | ~$3,377,131 | ~$2,986,328 | ~2.6366% | ~$78,737 | +24.4% |
| 2028 | ~$4,200,983 | ~$3,284,961 | ~2.6366% | ~$86,611 | +54.7% |
| 2029 | ~$5,225,814 | ~$3,613,457 | ~2.6366% | ~$95,272 | +92.5% |
| 2030 | ~$6,500,653 | ~$3,974,803 | ~2.6366% | ~$104,799 | +139.4% |
| 2031 | ~$8,086,490 | ~$4,372,283 | ~2.6366% | ~$115,279 | +197.9% |
| 2027 | ~$3,485,725 | ~$2,986,328 | ~2.5493% | ~$76,131 | +28.4% |
| 2028 | ~$4,475,497 | ~$3,284,961 | ~2.4621% | ~$80,878 | +64.9% |
| 2029 | ~$5,746,316 | ~$3,613,457 | ~2.3748% | ~$85,812 | +111.7% |
| 2030 | ~$7,377,984 | ~$3,974,803 | ~2.2875% | ~$90,925 | +171.8% |
| 2031 | ~$9,472,965 | ~$4,372,283 | ~2.2003% | ~$96,202 | +248.9% |
In 2025, this property's market value of $2,657,740 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +92% above 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 | $2,657,740 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,665,278 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $2,688,325 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $981,842 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $841,579 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |