1901 E M L KING JR BLVD TX 78702
| Owner | 7-ELEVEN INC |
|---|---|
| Parcel ID | 0209090301 |
| Short ID | 198474 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 28,763 SF |
| Acres | 0.660 |
| Year Built | 1999 |
| Legal | LOT 1-3 BLK 1 OLT 35 DIV B CROWS SUBD |
| Neighborhood | 48CEN |
| Land | $2,876,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,876,300 |
| Improvement | $318,927 |
|---|---|
| Total Improvement | $318,927 |
| Market | $3,195,227 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,195,227 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,195,227 |
| Taxable Value | $3,195,227 |
|---|
Appreciation: Market value has risen +35.5% from $2,358,254 (2021) to $3,195,227 (2025), a CAGR of 7.9% 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 $65,390. 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 90% of market value ($2,876,300 land vs $318,927 improvements), about $100/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 $3,195,227, 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 +7.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,857,044 by 2031, with an estimated annual tax burden around $91,494. 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 | 11,569 SF | ✗ |
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 501 | CANOPY | 1,472 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% | $29,562.24 | $29,562.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,743.53 | $16,743.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,009.10 | $12,009.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,771.10 | $3,771.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,303.86 | $3,303.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,389.83 | $65,389.83 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $29,562.24 | 45.2% |
| CAT City of Austin | 0.5240% | $16,743.53 | 25.6% |
| TCO Travis County | 0.3758% | $12,009.10 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,771.10 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,303.86 | 5.1% |
| Total | 2.0465% | $65,389.83 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,384,397 | $3,195,227 | +5.9% |
| Assessed Value | $3,384,397 | $3,195,227 | +5.9% |
| Land Value | $2,876,300 | $2,876,300 | +0.0% |
| Improvement Value | $508,097 | $318,927 | +59.3% |
| Taxable Value | $3,384,397 | $3,195,227 | +5.9% |
| Total Tax 2026 = estimate |
~$69,261
Estimated
|
~$65,390
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,384,397 | $2,876,300 | $508,097 | — | $3,384,397 | $3,384,397 | Not yet — post-cert | Preliminary |
| 2025 | $3,195,227 | $2,876,300 | $318,927 | — | $3,195,227 | $3,195,227 | ~$65,390 | Partial |
| 2024 | $3,200,000 | $2,876,300 | $323,700 | — | $3,200,000 | $3,200,000 | $63,418 | Verified |
| 2023 | $3,000,000 | $2,876,300 | $123,700 | — | $3,000,000 | $3,000,000 | $54,277 | Verified |
| 2022 | $2,358,254 | $2,013,410 | $344,844 | — | $2,358,254 | $2,358,254 | $46,574 | Verified |
| 2021 | $2,358,254 | $2,013,410 | $344,844 | — | $2,358,254 | $2,358,254 | $51,332 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.9% | +5.9% | ~100% | Not available | Partial |
| 2025 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2024 | +6.7% | +6.7% | ~100% | No billing data | Verified |
| 2023 | +27.2% | +27.2% | ~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): +35.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.9% | +7.9% | +7.5% | +27.2% | 2023 | -0.1% | 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 |
$65,390 | $56,198 | ~$82,150 | $65,390 | 2025 | $46,574 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,637,973 | ~$3,637,973 | ~2.0139% | ~$73,266 | +7.5% |
| 2028 | ~$3,910,548 | ~$3,910,548 | ~1.9814% | ~$77,483 | +15.5% |
| 2029 | ~$4,203,545 | ~$4,203,545 | ~1.9488% | ~$81,920 | +24.2% |
| 2030 | ~$4,518,496 | ~$4,518,496 | ~1.9163% | ~$86,588 | +33.5% |
| 2031 | ~$4,857,044 | ~$4,857,044 | ~1.8837% | ~$91,494 | +43.5% |
| 2027 | ~$3,570,285 | ~$3,570,285 | ~2.0465% | ~$73,065 | +5.5% |
| 2028 | ~$3,766,383 | ~$3,766,383 | ~2.0465% | ~$77,078 | +11.3% |
| 2029 | ~$3,973,251 | ~$3,973,251 | ~2.0465% | ~$81,312 | +17.4% |
| 2030 | ~$4,191,482 | ~$4,191,482 | ~2.0465% | ~$85,778 | +23.8% |
| 2031 | ~$4,421,698 | ~$4,421,698 | ~2.0465% | ~$90,489 | +30.6% |
| 2027 | ~$3,705,661 | ~$3,705,661 | ~1.9977% | ~$74,027 | +9.5% |
| 2028 | ~$4,057,420 | ~$4,057,420 | ~1.9488% | ~$79,073 | +19.9% |
| 2029 | ~$4,442,571 | ~$4,442,571 | ~1.9000% | ~$84,410 | +31.3% |
| 2030 | ~$4,864,282 | ~$4,864,282 | ~1.8512% | ~$90,047 | +43.7% |
| 2031 | ~$5,326,023 | ~$5,326,023 | ~1.8024% | ~$95,995 | +57.4% |
In 2025, this property's market value of $3,195,227 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +131% 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 | $3,195,227 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $3,200,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $3,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,358,254 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,358,254 | $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 | — |