3828 N INTERSTATE HY 35 TX 78751
| Owner | PANJWANI PROPERTIES LTD |
|---|---|
| Parcel ID | 0217090709 |
| Short ID | 211863 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 10,408 SF |
| Acres | 0.239 |
| Year Built | — |
| Legal | LOT 1 MISSIONS HEIGHTS |
| Neighborhood | 48CEN |
| Land | $1,769,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,769,360 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $600,434 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $600,434 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $600,434 |
| Taxable Value | $600,434 |
|---|
Appreciation: Market value has fallen -80.1% from $3,011,511 (2021) to $600,434 (2025), a CAGR of -33.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $12,288. 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 295% of market value ($1,769,360 land vs $0 improvements), about $170/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 $600,434, this parcel sits in the bottom quartile (<25th 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 -9.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,115,183 by 2031, with an estimated annual tax burden around $21,007. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 27,000 SF | ✗ |
| 403 | CARWASH DRIVE-THRU | 798 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% | $5,555.22 | $5,555.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,146.38 | $3,146.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,256.70 | $2,256.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $708.65 | $708.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $620.85 | $620.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,287.80 | $12,287.80 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,555.22 | 45.2% |
| CAT City of Austin | 0.5240% | $3,146.38 | 25.6% |
| TCO Travis County | 0.3758% | $2,256.70 | 18.4% |
| THD Travis Central Health | 0.1180% | $708.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $620.85 | 5.1% |
| Total | 2.0465% | $12,287.80 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,832,590 | $600,434 | +205.2% |
| Assessed Value | $720,521 | $600,434 | +20.0% |
| Land Value | $1,769,360 | $1,769,360 | +0.0% |
| Improvement Value | $63,230 | — | — |
| Taxable Value | $720,521 | $600,434 | +20.0% |
| HS Cap Loss | -$1,112,069 | — | |
| Total Tax 2026 = estimate |
~$14,745
Estimated
|
~$12,288
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,832,590 | $1,769,360 | $63,230 | −$1,112,069 | $720,521 | $720,521 | Not yet — post-cert | Preliminary |
| 2025 | $600,434 | $1,769,360 | — | — | $600,434 | $600,434 | ~$12,288 | Partial |
| 2024 | $6,336,939 | $5,436,770 | $900,169 | — | $6,336,939 | $6,336,939 | $40,034 | Verified |
| 2023 | $5,500,000 | $5,436,770 | $63,230 | — | $5,500,000 | $5,500,000 | $99,509 | Verified |
| 2022 | $7,003,661 | $6,396,200 | $607,461 | — | $7,003,661 | $7,003,661 | $98,746 | Verified |
| 2021 | $3,011,511 | $2,398,575 | $612,936 | — | $3,011,511 | $3,011,511 | $65,551 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +205.2% ! | +20.0% | 39.3% | Not available | Partial |
| 2025 | -90.5% ! | -90.5% | ~100% | Not available | Partial |
| 2024 | +15.2% | +15.2% | ~100% | No billing data | Verified |
| 2023 | -21.5% | -21.5% | ~100% | No billing data | Verified |
| 2022 | +132.6% ! | +132.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -80.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +205.2% | +48.2% | -9.5% | +205.2% | 2026 | -90.5% | 2025 |
| Assessment Ratio | 39.3% | 89.9% | — | 100.0% | 2021 | 39.3% | 2026 |
| 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 |
$12,288 | $63,225 | ~$18,630 | $99,509 | 2023 | $12,288 | 2025 |
Market value changed by 133% 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 | ~$1,659,287 | ~$792,573 | ~2.0139% | ~$15,962 | -9.5% |
| 2028 | ~$1,502,373 | ~$871,830 | ~1.9814% | ~$17,274 | -18.0% |
| 2029 | ~$1,360,297 | ~$959,013 | ~1.9488% | ~$18,690 | -25.8% |
| 2030 | ~$1,231,658 | ~$1,054,915 | ~1.9163% | ~$20,215 | -32.8% |
| 2031 | ~$1,115,183 | ~$1,115,183 | ~1.8837% | ~$21,007 | -39.1% |
| 2027 | ~$1,740,960 | ~$792,573 | ~2.0465% | ~$16,220 | -5.0% |
| 2028 | ~$1,653,912 | ~$871,830 | ~2.0465% | ~$17,842 | -9.8% |
| 2029 | ~$1,571,217 | ~$959,013 | ~2.0465% | ~$19,626 | -14.3% |
| 2030 | ~$1,492,656 | ~$1,054,915 | ~2.0465% | ~$21,589 | -18.5% |
| 2031 | ~$1,418,023 | ~$1,160,406 | ~2.0465% | ~$23,748 | -22.6% |
| 2027 | ~$1,695,939 | ~$792,573 | ~1.9977% | ~$15,833 | -7.5% |
| 2028 | ~$1,569,477 | ~$871,830 | ~1.9488% | ~$16,991 | -14.4% |
| 2029 | ~$1,452,445 | ~$959,013 | ~1.9000% | ~$18,221 | -20.7% |
| 2030 | ~$1,344,140 | ~$1,054,915 | ~1.8512% | ~$19,529 | -26.7% |
| 2031 | ~$1,243,912 | ~$1,160,406 | ~1.8024% | ~$20,915 | -32.1% |
In 2025, this property's market value of $600,434 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -57% below 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 | $600,434 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $6,336,939 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,500,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,003,661 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,011,511 | $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 | — |