96 RAINEY ST TX 78701
| Owner | PINNACLE LENDING LLC |
|---|---|
| Parcel ID | 0203030706 |
| Short ID | 190856 |
| Type | Real |
| Use Code | F1 Commercial Real Property (Improved) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 5,625 SF |
| Acres | 0.129 |
| Year Built | — |
| Legal | E 90 FT OF LOT 4 BLK 3 OLT 72-73 DIV E DRISKILL & RAINEY SUBD |
| Neighborhood | 31CBD |
| Land | $1,968,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,968,750 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,968,750 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,968,750 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,968,750 |
| Taxable Value | $1,968,750 |
|---|
Appreciation: Market value has risen +121.4% from $889,384 (2021) to $1,968,750 (2025), a CAGR of 22.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $40,290. Austin ISD is the largest single contributor, at 43.7% 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 100% of market value ($1,968,750 land vs $0 improvements), about $350/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,968,750, 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 +25.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,893,972 by 2031, with an estimated annual tax burden around $71,673. 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.
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% | $18,214.88 | $18,214.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,316.58 | $10,316.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,399.45 | $7,399.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,323.58 | $2,323.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,035.69 | $2,035.69 | Paid |
| P2U | — | — | — | — | — | — | $1,358.59 | $1,358.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,648.77 | $41,648.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $18,214.88 | 43.7% |
| CAT City of Austin | 0.5240% | $10,316.58 | 24.8% |
| TCO Travis County | 0.3758% | $7,399.45 | 17.8% |
| THD Travis Central Health | 0.1180% | $2,323.58 | 5.6% |
| ACT Austin Community College | 0.1034% | $2,035.69 | 4.9% |
| P2U | — | $1,358.59 | 3.3% |
| Total | 2.0465% 5 of 6 | $41,648.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,812,500 | $1,968,750 | +42.9% |
| Assessed Value | $2,362,500 | $1,968,750 | +20.0% |
| Land Value | $2,812,500 | $1,968,750 | +42.9% |
| Improvement Value | — | — | — |
| Taxable Value | $2,362,500 | $1,968,750 | +20.0% |
| HS Cap Loss | -$450,000 | — | |
| Total Tax 2026 = estimate |
~$48,348
Estimated
|
~$41,649
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,812,500 | $2,812,500 | — | −$450,000 | $2,362,500 | $2,362,500 | Not yet — post-cert | Preliminary |
| 2025 | $1,968,750 | $1,968,750 | — | — | $1,968,750 | $1,968,750 | ~$41,649 | Partial |
| 2024 | $1,996,176 | $1,968,750 | $27,426 | — | $1,996,176 | $1,996,176 | $40,944 | Verified |
| 2023 | $1,996,176 | $1,968,750 | $27,426 | — | $1,996,176 | $1,996,176 | $37,500 | Verified |
| 2022 | $1,995,644 | $1,968,750 | $26,894 | — | $1,995,644 | $1,995,644 | $40,908 | Verified |
| 2021 | $889,384 | $708,750 | $180,634 | — | $889,384 | $889,384 | $19,359 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.9% | +20.0% | 84.0% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +124.4% ! | +124.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +121.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.9% | +33.2% | +25.9% | +124.4% | 2022 | -1.4% | 2025 |
| Assessment Ratio | 84.0% | 97.3% | — | 100.0% | 2021 | 84.0% | 2026 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$41,649 | $36,072 | ~$61,643 | $41,649 | 2025 | $19,359 | 2021 |
Market value changed by 124% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,540,733 | ~$2,598,750 | ~2.0139% | ~$52,337 | +25.9% |
| 2028 | ~$4,457,525 | ~$2,858,625 | ~1.9814% | ~$56,640 | +58.5% |
| 2029 | ~$5,611,700 | ~$3,144,488 | ~1.9488% | ~$61,281 | +99.5% |
| 2030 | ~$7,064,722 | ~$3,458,936 | ~1.9163% | ~$66,283 | +151.2% |
| 2031 | ~$8,893,972 | ~$3,804,830 | ~1.8837% | ~$71,673 | +216.2% |
| 2027 | ~$3,484,483 | ~$2,598,750 | ~2.0465% | ~$53,183 | +23.9% |
| 2028 | ~$4,317,021 | ~$2,858,625 | ~2.0465% | ~$58,501 | +53.5% |
| 2029 | ~$5,348,475 | ~$3,144,488 | ~2.0465% | ~$64,351 | +90.2% |
| 2030 | ~$6,626,372 | ~$3,458,936 | ~2.0465% | ~$70,787 | +135.6% |
| 2031 | ~$8,209,593 | ~$3,804,830 | ~2.0465% | ~$77,865 | +191.9% |
| 2027 | ~$3,596,983 | ~$2,598,750 | ~1.9977% | ~$51,914 | +27.9% |
| 2028 | ~$4,600,280 | ~$2,858,625 | ~1.9488% | ~$55,710 | +63.6% |
| 2029 | ~$5,883,423 | ~$3,144,488 | ~1.9000% | ~$59,746 | +109.2% |
| 2030 | ~$7,524,470 | ~$3,458,936 | ~1.8512% | ~$64,032 | +167.5% |
| 2031 | ~$9,623,250 | ~$3,804,830 | ~1.8024% | ~$68,577 | +242.2% |
In 2025, this property's market value of $1,968,750 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +42% 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 | $1,968,750 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,996,176 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,996,176 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,995,644 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $889,384 | $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 | — |