900 N INTERSTATE HY 35 TX 78701
| Owner | KAF DEVELOPMENT COMPANY |
|---|---|
| Parcel ID | 0206041905 |
| Short ID | 194688 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,352 SF |
| Land SF | 8,832 SF |
| Acres | 0.203 |
| Year Built | 1990 |
| Legal | LOT 4 BLOCK 116 ORIGINAL CITY |
| Neighborhood | 48CBD |
| Land | $3,091,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,091,200 |
| Improvement | $12,944 |
|---|---|
| Total Improvement | $12,944 |
| Market | $3,104,144 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,104,144 |
| Value Limitation Adjustment (−) (homestead cap) | −$800,144 |
| Net Appraised (assessed) | $2,304,000 |
| Taxable Value | $2,304,000 |
|---|
Appreciation: Market value has risen +139.3% from $1,297,000 (2021) to $3,104,144 (2025), a CAGR of 24.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $47,151. Austin ISD is the largest single contributor, at 43.7% of the total 2025 levy.
Assessment Gap: Assessed value ($2,304,000) is $800,144 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 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 ($3,091,200 land vs $12,944 improvements), about $350/SF of land. With value concentrated in the land under a ~36-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 $3,104,144, 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 +11.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,997,671 by 2031, with an estimated annual tax burden around $69,081. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,000 SF | ✗ |
| 1ST | 1st Floor | 1,352 SF | ✓ |
| 501 | CANOPY | 1,176 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $21,316.61 | $21,316.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,073.35 | $12,073.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,659.47 | $8,659.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,719.25 | $2,719.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,382.34 | $2,382.34 | Paid |
| P2U | — | — | — | — | — | — | $1,668.70 | $1,668.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,819.72 | $48,819.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $21,316.61 | 43.7% |
| CAT City of Austin | 0.5240% | $12,073.35 | 24.7% |
| TCO Travis County | 0.3758% | $8,659.47 | 17.7% |
| THD Travis Central Health | 0.1180% | $2,719.25 | 5.6% |
| ACT Austin Community College | 0.1034% | $2,382.34 | 4.9% |
| P2U | — | $1,668.70 | 3.4% |
| Total | 2.0465% 5 of 6 | $48,819.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,277,055 | $3,104,144 | -26.6% |
| Assessed Value | $2,277,055 | $2,304,000 | -1.2% |
| Land Value | $2,208,000 | $3,091,200 | -28.6% |
| Improvement Value | $69,055 | $12,944 | +433.5% |
| Taxable Value | $2,277,055 | $2,304,000 | -1.2% |
| Total Tax 2026 = estimate |
~$46,600
Estimated
|
~$48,820
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,277,055 | $2,208,000 | $69,055 | — | $2,277,055 | $2,277,055 | Not yet — post-cert | Preliminary |
| 2025 | $3,104,144 | $3,091,200 | $12,944 | −$800,144 | $2,304,000 | $2,304,000 | ~$48,820 | Partial |
| 2024 | $2,994,544 | $3,091,200 | — | −$1,074,544 | $1,920,000 | $1,920,000 | $39,364 | Verified |
| 2023 | $1,600,000 | $1,589,760 | $10,240 | — | $1,600,000 | $1,600,000 | $29,965 | Verified |
| 2022 | $1,500,000 | $1,589,760 | — | — | $1,500,000 | $1,500,000 | $30,624 | Verified |
| 2021 | $1,297,000 | $1,255,636 | $41,364 | — | $1,297,000 | $1,297,000 | $29,029 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.6% | -1.2% | ~100% | Not available | Partial |
| 2025 | +3.7% | +20.0% | 74.2% | Not available | Partial |
| 2024 | +87.2% ! | +20.0% | 64.1% | No billing data | Verified |
| 2023 | +6.7% | +6.7% | ~100% | No billing data | Verified |
| 2022 | +15.7% | +15.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +139.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.6% | +17.3% | +11.9% | +87.2% | 2024 | -26.6% | 2026 |
| Assessment Ratio | 100.0% | 89.7% | — | 100.0% | 2021 | 64.1% | 2024 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$48,820 | $35,560 | ~$59,414 | $48,820 | 2025 | $29,029 | 2021 |
Market value changed by 87% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,548,357 | ~$2,504,760 | ~2.0139% | ~$50,444 | +11.9% |
| 2028 | ~$2,851,983 | ~$2,755,237 | ~1.9814% | ~$54,592 | +25.2% |
| 2029 | ~$3,191,785 | ~$3,030,760 | ~1.9488% | ~$59,065 | +40.2% |
| 2030 | ~$3,572,073 | ~$3,333,836 | ~1.9163% | ~$63,886 | +56.9% |
| 2031 | ~$3,997,671 | ~$3,667,220 | ~1.8837% | ~$69,081 | +75.6% |
| 2027 | ~$2,502,816 | ~$2,502,816 | ~2.0465% | ~$51,220 | +9.9% |
| 2028 | ~$2,750,960 | ~$2,750,960 | ~2.0465% | ~$56,298 | +20.8% |
| 2029 | ~$3,023,706 | ~$3,023,706 | ~2.0465% | ~$61,880 | +32.8% |
| 2030 | ~$3,323,494 | ~$3,323,494 | ~2.0465% | ~$68,015 | +46.0% |
| 2031 | ~$3,653,005 | ~$3,653,005 | ~2.0465% | ~$74,758 | +60.4% |
| 2027 | ~$2,593,898 | ~$2,504,760 | ~1.9977% | ~$50,037 | +13.9% |
| 2028 | ~$2,954,828 | ~$2,755,237 | ~1.9488% | ~$53,695 | +29.8% |
| 2029 | ~$3,365,980 | ~$3,030,760 | ~1.9000% | ~$57,585 | +47.8% |
| 2030 | ~$3,834,343 | ~$3,333,836 | ~1.8512% | ~$61,716 | +68.4% |
| 2031 | ~$4,367,876 | ~$3,667,220 | ~1.8024% | ~$66,097 | +91.8% |
In 2025, this property's market value of $3,104,144 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +124% 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 | $3,104,144 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,994,544 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,600,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,500,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,297,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 | — |