1601 N INTERSTATE HY 35 TX 78702
| Owner | 1601 IH35 N LLC |
|---|---|
| Parcel ID | 0209060739 |
| Short ID | 459603 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,180 SF |
| Land SF | 55,495 SF |
| Acres | 1.274 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A AUTHI SUBD |
| Neighborhood | 32CBD |
| Land | $9,711,625 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,711,625 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,646,666 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,646,666 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,646,666 |
| Taxable Value | $6,646,666 |
|---|
Appreciation: Market value has risen +11.7% from $5,951,974 (2021) to $6,646,666 (2025), a CAGR of 2.8% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $136,023. 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 146% of market value ($9,711,625 land vs $0 improvements), about $175/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 $6,646,666, 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 +10.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,351,985 by 2031, with an estimated annual tax burden around $299,296. 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 | 30,000 SF | ✗ |
| 1ST | 1st Floor | 5,180 SF | ✓ |
| 611 | TERRACE | 1,624 SF | ✗ |
| 273 | COLDSTG VAULT SM | 328 SF | ✓ |
| 435 | FENCE IRON LF | 152 SF | ✗ |
| 501 | CANOPY | 48 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $61,494.95 | $61,494.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,829.66 | $34,829.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,981.16 | $24,981.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,844.59 | $7,844.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,872.65 | $6,872.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $136,023.01 | $136,023.01 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $61,494.95 | 45.2% |
| CAT City of Austin | 0.5240% | $34,829.66 | 25.6% |
| TCO Travis County | 0.3758% | $24,981.16 | 18.4% |
| THD Travis Central Health | 0.1180% | $7,844.59 | 5.8% |
| ACT Austin Community College | 0.1034% | $6,872.65 | 5.1% |
| Total | 2.0465% | $136,023.01 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,865,424 | $6,646,666 | +48.4% |
| Assessed Value | $9,865,424 | $6,646,666 | +48.4% |
| Land Value | $9,711,625 | $9,711,625 | +0.0% |
| Improvement Value | $153,799 | — | — |
| Taxable Value | $9,865,424 | $6,646,666 | +48.4% |
| Total Tax 2026 = estimate |
~$201,894
Estimated
|
~$136,023
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,865,424 | $9,711,625 | $153,799 | — | $9,865,424 | $9,865,424 | Not yet — post-cert | Preliminary |
| 2025 | $6,646,666 | $9,711,625 | — | — | $6,646,666 | $6,646,666 | ~$136,023 | Partial |
| 2024 | $6,500,000 | $9,711,625 | — | — | $6,500,000 | $6,500,000 | $128,818 | Verified |
| 2023 | $7,770,300 | $7,769,300 | $1,000 | — | $7,770,300 | $7,770,300 | $140,584 | Verified |
| 2022 | $5,826,975 | $5,826,975 | — | — | $5,826,975 | $5,826,975 | $115,078 | Verified |
| 2021 | $5,951,974 | $5,826,975 | $124,999 | — | $5,951,974 | $5,951,974 | $105,688 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +48.4% | +48.4% | ~100% | Not available | Partial |
| 2025 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2024 | -16.3% | -16.3% | ~100% | No billing data | Verified |
| 2023 | +33.4% | +33.4% | ~100% | No billing data | Verified |
| 2022 | -2.1% | -2.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +48.4% | +13.1% | +10.6% | +48.4% | 2026 | -16.3% | 2024 |
| 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 |
$136,023 | $125,238 | ~$257,412 | $140,584 | 2023 | $105,688 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,914,572 | ~$10,851,966 | ~2.0139% | ~$218,552 | +10.6% |
| 2028 | ~$12,075,292 | ~$11,937,163 | ~1.9814% | ~$236,522 | +22.4% |
| 2029 | ~$13,359,450 | ~$13,130,879 | ~1.9488% | ~$255,900 | +35.4% |
| 2030 | ~$14,780,174 | ~$14,443,967 | ~1.9163% | ~$276,788 | +49.8% |
| 2031 | ~$16,351,985 | ~$15,888,364 | ~1.8837% | ~$299,296 | +65.8% |
| 2027 | ~$10,717,263 | ~$10,717,263 | ~2.0465% | ~$219,327 | +8.6% |
| 2028 | ~$11,642,655 | ~$11,642,655 | ~2.0465% | ~$238,265 | +18.0% |
| 2029 | ~$12,647,951 | ~$12,647,951 | ~2.0465% | ~$258,838 | +28.2% |
| 2030 | ~$13,740,051 | ~$13,740,051 | ~2.0465% | ~$281,188 | +39.3% |
| 2031 | ~$14,926,448 | ~$14,926,448 | ~2.0465% | ~$305,468 | +51.3% |
| 2027 | ~$11,111,880 | ~$10,851,966 | ~1.9977% | ~$216,786 | +12.6% |
| 2028 | ~$12,515,821 | ~$11,937,163 | ~1.9488% | ~$232,636 | +26.9% |
| 2029 | ~$14,097,144 | ~$13,130,879 | ~1.9000% | ~$249,489 | +42.9% |
| 2030 | ~$15,878,261 | ~$14,443,967 | ~1.8512% | ~$267,386 | +60.9% |
| 2031 | ~$17,884,415 | ~$15,888,364 | ~1.8024% | ~$286,367 | +81.3% |
In 2025, this property's market value of $6,646,666 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 5× 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 | $6,646,666 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,770,300 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $5,826,975 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $5,951,974 | $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 | — |