408 N PLEASANT VALLEY RD TX 78702
| Owner | 408 N PLEASANT VALLEY RD LLC |
|---|---|
| Parcel ID | 0202111010 |
| Short ID | 189807 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,650 SF |
| Land SF | 5,500 SF |
| Acres | 0.126 |
| Year Built | 1971 |
| Legal | LOT 6A *RESUB LTS 4-6 OLT 12 DIV O PACE D C ADDN |
| Neighborhood | 20CEN |
| Land | $550,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $550,000 |
| Improvement | $26,526 |
|---|---|
| Total Improvement | $26,526 |
| Market | $576,526 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $576,526 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $576,526 |
| Taxable Value | $576,526 |
|---|
Appreciation: Market value has risen +20.3% from $479,140 (2021) to $576,526 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,799. 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 95% of market value ($550,000 land vs $26,526 improvements), about $100/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 $576,526, this parcel sits in the bottom quartile (<25th 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 +3.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $698,317 by 2031, with an estimated annual tax burden around $13,154. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,300 SF | ✗ |
| 1ST | 1st Floor | 1,650 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% | $5,334.02 | $5,334.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,021.09 | $3,021.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,166.84 | $2,166.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $680.43 | $680.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $596.13 | $596.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,798.51 | $11,798.51 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,334.02 | 45.2% |
| CAT City of Austin | 0.5240% | $3,021.09 | 25.6% |
| TCO Travis County | 0.3758% | $2,166.84 | 18.4% |
| THD Travis Central Health | 0.1180% | $680.43 | 5.8% |
| ACT Austin Community College | 0.1034% | $596.13 | 5.1% |
| Total | 2.0465% | $11,798.51 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $578,439 | $576,526 | +0.3% |
| Assessed Value | $578,439 | $576,526 | +0.3% |
| Land Value | $550,000 | $550,000 | +0.0% |
| Improvement Value | $28,439 | $26,526 | +7.2% |
| Taxable Value | $578,439 | $576,526 | +0.3% |
| Total Tax 2026 = estimate |
~$11,838
Estimated
|
~$11,799
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $578,439 | $550,000 | $28,439 | — | $578,439 | $578,439 | Not yet — post-cert | Preliminary |
| 2025 | $576,526 | $550,000 | $26,526 | — | $576,526 | $576,526 | ~$11,799 | Partial |
| 2024 | $602,291 | $550,000 | $52,291 | — | $602,291 | $602,291 | $11,418 | Verified |
| 2023 | $589,207 | $550,000 | $39,207 | — | $589,207 | $589,207 | $9,679 | Verified |
| 2022 | $479,121 | $440,000 | $39,121 | — | $479,121 | $479,121 | $9,462 | Verified |
| 2021 | $479,140 | $440,000 | $39,140 | — | $479,140 | $479,140 | $10,429 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | No billing data | Verified |
| 2023 | +23.0% | +23.0% | ~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): +20.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +4.2% | +3.8% | +23.0% | 2023 | -4.3% | 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 |
$11,799 | $10,558 | ~$12,623 | $11,799 | 2025 | $9,462 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$600,643 | ~$600,643 | ~2.0139% | ~$12,097 | +3.8% |
| 2028 | ~$623,700 | ~$623,700 | ~1.9814% | ~$12,358 | +7.8% |
| 2029 | ~$647,641 | ~$647,641 | ~1.9488% | ~$12,621 | +12.0% |
| 2030 | ~$672,502 | ~$672,502 | ~1.9163% | ~$12,887 | +16.3% |
| 2031 | ~$698,317 | ~$698,317 | ~1.8837% | ~$13,154 | +20.7% |
| 2027 | ~$589,074 | ~$589,074 | ~2.0465% | ~$12,055 | +1.8% |
| 2028 | ~$599,905 | ~$599,905 | ~2.0465% | ~$12,277 | +3.7% |
| 2029 | ~$610,936 | ~$610,936 | ~2.0465% | ~$12,503 | +5.6% |
| 2030 | ~$622,169 | ~$622,169 | ~2.0465% | ~$12,733 | +7.6% |
| 2031 | ~$633,608 | ~$633,608 | ~2.0465% | ~$12,967 | +9.5% |
| 2027 | ~$612,212 | ~$612,212 | ~1.9977% | ~$12,230 | +5.8% |
| 2028 | ~$647,957 | ~$647,957 | ~1.9488% | ~$12,628 | +12.0% |
| 2029 | ~$685,789 | ~$685,789 | ~1.9000% | ~$13,030 | +18.6% |
| 2030 | ~$725,830 | ~$725,830 | ~1.8512% | ~$13,437 | +25.5% |
| 2031 | ~$768,208 | ~$768,208 | ~1.8024% | ~$13,846 | +32.8% |
In 2025, this property's market value of $576,526 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -58% below 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 | $576,526 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $602,291 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $589,207 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $479,121 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $479,140 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |