3909 N INTERSTATE HY 35 TX 78751
| Owner | ROYAL TERRACE PARTNERSHIP OF T |
|---|---|
| Parcel ID | 0216110607 |
| Short ID | 210719 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 124,956 SF |
| Land SF | 543,412 SF |
| Acres | 12.475 |
| Year Built | 1992 |
| Legal | LOT 1 *BONHAM ADDN LOT 1 * LESS .032AC TEEPLE SALLY & CHARLES SUBD LOT 1 * AMENDED PLAT LOTS 1&2 LA FONTANA PLACE |
| Neighborhood | 42CEN |
| Land | $38,038,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $38,038,840 |
| Improvement | $1,261,160 |
|---|---|
| Total Improvement | $1,261,160 |
| Market | $39,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $39,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $39,300,000 |
| Taxable Value | $39,300,000 |
|---|
Appreciation: Market value has risen +71.9% from $22,868,400 (2021) to $39,300,000 (2025), a CAGR of 14.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $804,269. 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 97% of market value ($38,038,840 land vs $1,261,160 improvements), about $70/SF of land. With value concentrated in the land under a ~34-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 $39,300,000, 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 +11.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $67,642,616 by 2031, with an estimated annual tax burden around $1,193,199. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 157,500 SF | ✗ |
| 1ST | 1st Floor | 124,956 SF | ✓ |
| 491 | SPRINKLER HEADS | 115,045 SF | ✗ |
| 501 | CANOPY | 13,119 SF | ✗ |
| 611 | TERRACE | 10,496 SF | ✗ |
| 881 | COMMCL FINISHOUT | 4,086 SF | ✓ |
| 436 | FENCE MASON SF | 2,160 SF | ✗ |
| 541 | FENCE COMM LF | 1,300 SF | ✗ |
| 407 | LOADING DOCK | 1,256 SF | ✓ |
| 482 | LIGHT POLES | 5 SF | ✓ |
| 333 | MECHANICAL RM FV | 1 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% | $337,000.87 | $337,000.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $190,871.36 | $190,871.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $136,900.23 | $136,900.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $42,989.47 | $42,989.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $37,663.09 | $37,663.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $745,425.02 | $745,425.02 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $337,000.87 | 45.2% |
| CAT City of Austin | 0.5240% | $190,871.36 | 25.6% |
| TCO Travis County | 0.3758% | $136,900.23 | 18.4% |
| THD Travis Central Health | 0.1180% | $42,989.47 | 5.8% |
| ACT Austin Community College | 0.1034% | $37,663.09 | 5.1% |
| Total | 2.0465% | $745,425.02 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $39,330,375 | $39,300,000 | +0.1% |
| Assessed Value | $39,330,375 | $39,300,000 | +0.1% |
| Land Value | $35,193,900 | $38,038,840 | -7.5% |
| Improvement Value | $4,136,475 | $1,261,160 | +228.0% |
| Taxable Value | $39,330,375 | $39,300,000 | +0.1% |
| Exemptions | — | E | |
| Total Tax 2026 = estimate |
~$804,890
Estimated
|
~$745,425
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $39,330,375 | $35,193,900 | $4,136,475 | — | $39,330,375 | $39,330,375 | Not yet — post-cert | Preliminary |
| 2025 | $39,300,000 | $38,038,840 | $1,261,160 | — | $39,300,000 | $39,300,000 | ~$745,425 | Partial |
| 2024 | $37,500,000 | $38,038,840 | — | — | $37,500,000 | $37,500,000 | $743,181 | Verified |
| 2023 | $38,968,000 | $38,038,840 | $929,160 | — | $38,968,000 | $38,968,000 | $679,916 | Verified |
| 2022 | $31,361,194 | $28,529,130 | $2,832,064 | — | $31,361,194 | $31,361,194 | $560,048 | Verified |
| 2021 | $22,868,400 | $16,302,360 | $6,566,040 | — | $22,868,400 | $22,868,400 | $497,772 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +4.8% | +4.8% | ~100% | Not available | Partial |
| 2024 | -3.8% | -3.8% | ~100% | No billing data | Verified |
| 2023 | +24.3% | +24.3% | ~100% | No billing data | Verified |
| 2022 | +37.1% | +37.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +71.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +12.5% | +11.5% | +37.1% | 2022 | -3.8% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$745,425 | $645,268 | ~$1,026,219 | $745,425 | 2025 | $497,772 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$43,835,559 | ~$43,263,412 | ~2.0139% | ~$871,298 | +11.5% |
| 2028 | ~$48,856,799 | ~$47,589,754 | ~1.9814% | ~$942,938 | +24.2% |
| 2029 | ~$54,453,208 | ~$52,348,729 | ~1.9488% | ~$1,020,193 | +38.5% |
| 2030 | ~$60,690,670 | ~$57,583,602 | ~1.9163% | ~$1,103,469 | +54.3% |
| 2031 | ~$67,642,616 | ~$63,341,962 | ~1.8837% | ~$1,193,199 | +72.0% |
| 2027 | ~$43,048,951 | ~$43,048,951 | ~2.0465% | ~$880,990 | +9.5% |
| 2028 | ~$47,119,109 | ~$47,119,109 | ~2.0465% | ~$964,285 | +19.8% |
| 2029 | ~$51,574,088 | ~$51,574,088 | ~2.0465% | ~$1,055,456 | +31.1% |
| 2030 | ~$56,450,273 | ~$56,450,273 | ~2.0465% | ~$1,155,246 | +43.5% |
| 2031 | ~$61,787,488 | ~$61,787,488 | ~2.0465% | ~$1,264,472 | +57.1% |
| 2027 | ~$44,622,166 | ~$43,263,412 | ~1.9977% | ~$864,257 | +13.5% |
| 2028 | ~$50,625,954 | ~$47,589,754 | ~1.9488% | ~$927,448 | +28.7% |
| 2029 | ~$57,437,533 | ~$52,348,729 | ~1.9000% | ~$994,635 | +46.0% |
| 2030 | ~$65,165,592 | ~$57,583,602 | ~1.8512% | ~$1,065,984 | +65.7% |
| 2031 | ~$73,933,439 | ~$63,341,962 | ~1.8024% | ~$1,141,657 | +88.0% |
In 2025, this property's market value of $39,300,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 28× 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 | $39,300,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $37,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $38,968,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $31,361,194 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $22,868,400 | $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 | — |