1000 41 ST 78751
| Owner | REGENCY CENTERS L P |
|---|---|
| Parcel ID | 0218091403 |
| Short ID | 954421 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 236,448 SF |
| Land SF | 820,522 SF |
| Acres | 18.837 |
| Year Built | 1998 |
| Legal | HANCOCK CENTER CONDOMINIUM UNT 2 55%INT IN COMMON AREA |
| Neighborhood | CEN |
| Land | $30,769,592 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,769,592 |
| Improvement | $32,830,408 |
|---|---|
| Total Improvement | $32,830,408 |
| Market | $63,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $63,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $63,600,000 |
| Exemptions (−) (SO) | −$288,410 |
|---|---|
| Taxable Value | $63,311,590 |
Appreciation: Market value has risen +1.8% from $62,500,000 (2022) to $63,600,000 (2025), a CAGR of 0.6% over 3 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 +16.2%, 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 $1,295,662. 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 48% of market value ($30,769,592 land vs $32,830,408 improvements), about $38/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $63,600,000, 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 +1.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $70,566,793 by 2031, with an estimated annual tax burden around $1,329,297. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 616,991 SF | ✗ |
| 1ST | 1st Floor | 236,448 SF | ✓ |
| 491 | SPRINKLER HEADS | 208,520 SF | ✗ |
| SO | Sketch Only | 94,532 SF | ✗ |
| 611 | TERRACE | 28,294 SF | ✗ |
| 501 | CANOPY | 27,994 SF | ✗ |
| UBSMT | Unfinished Basement | 12,944 SF | ✓ |
| 881 | COMMCL FINISHOUT | 4,520 SF | ✓ |
| 591 | MASONRY TRIM SF | 574 SF | ✗ |
| 436 | FENCE MASON SF | 574 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 179 SF | ✓ |
| 482 | LIGHT POLES | 23 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 1 SF | ✓ |
| MISC | Miscellaneous | 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% | $568,272.55 | $568,272.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $321,859.57 | $321,859.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $230,849.97 | $230,849.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $72,491.60 | $72,491.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $63,509.92 | $63,509.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,256,983.61 | $1,256,983.61 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $568,272.55 | 45.2% |
| CAT City of Austin | 0.5240% | $321,859.57 | 25.6% |
| TCO Travis County | 0.3758% | $230,849.97 | 18.4% |
| THD Travis Central Health | 0.1180% | $72,491.60 | 5.8% |
| ACT Austin Community College | 0.1034% | $63,509.92 | 5.1% |
| Total | 2.0465% | $1,256,983.61 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $65,964,654 | $63,600,000 | +3.7% |
| Assessed Value | $65,964,654 | $63,600,000 | +3.7% |
| Land Value | $30,602,509 | $30,769,592 | -0.5% |
| Improvement Value | $35,362,145 | $32,830,408 | +7.7% |
| Taxable Value | $65,697,953 | $63,311,590 | +3.8% |
| Exemptions | SO | SO | |
| Total Tax 2026 = estimate |
~$1,344,499
Estimated
|
~$1,256,984
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $65,964,654 | $30,602,509 | $35,362,145 | — | $65,964,654 | $65,697,953 | Not yet — post-cert | Preliminary |
| 2025 | $63,600,000 | $30,769,592 | $32,830,408 | — | $63,600,000 | $63,311,590 | ~$1,256,984 | Partial |
| 2024 | $64,500,000 | $30,769,592 | $33,730,408 | — | $64,500,000 | $64,211,590 | $1,239,329 | Verified |
| 2023 | $63,284,000 | $30,769,592 | $32,514,408 | — | $63,284,000 | $63,284,000 | $1,112,479 | Verified |
| 2022 | $62,500,000 | $30,769,592 | $31,730,408 | — | $62,500,000 | $62,500,000 | $1,234,327 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +1.9% | +1.9% | ~100% | No billing data | Verified |
| 2023 | +1.3% | +1.3% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.7% | +1.4% | +1.4% | +3.7% | 2026 | -1.4% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,256,984 | $1,210,780 | ~$1,338,271 | $1,256,984 | 2025 | $1,112,479 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$66,860,421 | ~$66,860,421 | ~2.0139% | ~$1,346,526 | +1.4% |
| 2028 | ~$67,768,352 | ~$67,768,352 | ~1.9814% | ~$1,342,754 | +2.7% |
| 2029 | ~$68,688,612 | ~$68,688,612 | ~1.9488% | ~$1,338,631 | +4.1% |
| 2030 | ~$69,621,369 | ~$69,621,369 | ~1.9163% | ~$1,334,148 | +5.5% |
| 2031 | ~$70,566,793 | ~$70,566,793 | ~1.8837% | ~$1,329,297 | +7.0% |
| 2027 | ~$65,541,128 | ~$65,541,128 | ~2.0465% | ~$1,341,289 | -0.6% |
| 2028 | ~$65,120,321 | ~$65,120,321 | ~2.0465% | ~$1,332,678 | -1.3% |
| 2029 | ~$64,702,216 | ~$64,702,216 | ~2.0465% | ~$1,324,121 | -1.9% |
| 2030 | ~$64,286,795 | ~$64,286,795 | ~2.0465% | ~$1,315,620 | -2.5% |
| 2031 | ~$63,874,042 | ~$63,874,042 | ~2.0465% | ~$1,307,173 | -3.2% |
| 2027 | ~$68,179,714 | ~$68,179,714 | ~1.9977% | ~$1,362,000 | +3.4% |
| 2028 | ~$70,469,155 | ~$70,469,155 | ~1.9488% | ~$1,373,331 | +6.8% |
| 2029 | ~$72,835,474 | ~$72,835,474 | ~1.9000% | ~$1,383,886 | +10.4% |
| 2030 | ~$75,281,252 | ~$75,281,252 | ~1.8512% | ~$1,393,602 | +14.1% |
| 2031 | ~$77,809,159 | ~$77,809,159 | ~1.8024% | ~$1,402,410 | +18.0% |
In 2025, this property's market value of $63,600,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 46× 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 | $63,600,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $64,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $63,284,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $62,500,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 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 | 2022–2024 | 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 | 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 | — |