1007 W 34 ST TX 78705
| Owner | 34TH STREET INVESTMENTS LLC |
|---|---|
| Parcel ID | 0219011505 |
| Short ID | 214598 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,008 SF |
| Land SF | 2,956 SF |
| Acres | 0.068 |
| Year Built | 1950 |
| Legal | E21.33FT LOT 4 BLK 1 PATTERSON ADDN |
| Neighborhood | 32CEN |
| Land | $295,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $295,600 |
| Improvement | $67,105 |
|---|---|
| Total Improvement | $67,105 |
| Market | $362,705 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $362,705 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $362,705 |
| Taxable Value | $362,705 |
|---|
Appreciation: Market value has risen +4.4% from $347,398 (2021) to $362,705 (2025), a CAGR of 1.1% 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 $7,423. 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 81% of market value ($295,600 land vs $67,105 improvements), about $100/SF of land. With value concentrated in the land under a ~76-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 $362,705, 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 +2.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $432,959 by 2031, with an estimated annual tax burden around $8,156. 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 | 1,200 SF | ✗ |
| 1ST | 1st Floor | 1,008 SF | ✓ |
| 501 | CANOPY | 105 SF | ✗ |
| 611 | TERRACE | 105 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% | $3,271.85 | $3,271.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,853.12 | $1,853.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,329.13 | $1,329.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $417.37 | $417.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $365.66 | $365.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,237.13 | $7,237.13 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,271.85 | 45.2% |
| CAT City of Austin | 0.5240% | $1,853.12 | 25.6% |
| TCO Travis County | 0.3758% | $1,329.13 | 18.4% |
| THD Travis Central Health | 0.1180% | $417.37 | 5.8% |
| ACT Austin Community College | 0.1034% | $365.66 | 5.1% |
| Total | 2.0465% | $7,237.13 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $387,826 | $362,705 | +6.9% |
| Assessed Value | $387,826 | $362,705 | +6.9% |
| Land Value | $295,600 | $295,600 | +0.0% |
| Improvement Value | $92,226 | $67,105 | +37.4% |
| Taxable Value | $387,826 | $362,705 | +6.9% |
| Total Tax 2026 = estimate |
~$7,937
Estimated
|
~$7,237
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $387,826 | $295,600 | $92,226 | — | $387,826 | $387,826 | Not yet — post-cert | Preliminary |
| 2025 | $362,705 | $295,600 | $67,105 | — | $362,705 | $362,705 | ~$7,237 | Partial |
| 2024 | $378,053 | $295,600 | $82,453 | — | $378,053 | $378,053 | $7,492 | Verified |
| 2023 | $363,473 | $295,600 | $67,873 | — | $363,473 | $363,473 | $6,423 | Verified |
| 2022 | $346,105 | $251,260 | $94,845 | — | $346,105 | $346,105 | $6,835 | Verified |
| 2021 | $347,398 | $251,260 | $96,138 | — | $347,398 | $347,398 | $7,562 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2024 | +4.0% | +4.0% | ~100% | No billing data | Verified |
| 2023 | +5.0% | +5.0% | ~100% | No billing data | Verified |
| 2022 | -0.4% | -0.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +2.3% | +2.2% | +6.9% | 2026 | -4.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,237 | $7,110 | ~$8,072 | $7,562 | 2021 | $6,423 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$396,460 | ~$396,460 | ~2.0139% | ~$7,984 | +2.2% |
| 2028 | ~$405,285 | ~$405,285 | ~1.9814% | ~$8,030 | +4.5% |
| 2029 | ~$414,307 | ~$414,307 | ~1.9488% | ~$8,074 | +6.8% |
| 2030 | ~$423,530 | ~$423,530 | ~1.9163% | ~$8,116 | +9.2% |
| 2031 | ~$432,959 | ~$432,959 | ~1.8837% | ~$8,156 | +11.6% |
| 2027 | ~$388,703 | ~$388,703 | ~2.0465% | ~$7,955 | +0.2% |
| 2028 | ~$389,582 | ~$389,582 | ~2.0465% | ~$7,973 | +0.5% |
| 2029 | ~$390,463 | ~$390,463 | ~2.0465% | ~$7,991 | +0.7% |
| 2030 | ~$391,346 | ~$391,346 | ~2.0465% | ~$8,009 | +0.9% |
| 2031 | ~$392,231 | ~$392,231 | ~2.0465% | ~$8,027 | +1.1% |
| 2027 | ~$404,216 | ~$404,216 | ~1.9977% | ~$8,075 | +4.2% |
| 2028 | ~$421,299 | ~$421,299 | ~1.9488% | ~$8,210 | +8.6% |
| 2029 | ~$439,103 | ~$439,103 | ~1.9000% | ~$8,343 | +13.2% |
| 2030 | ~$457,660 | ~$457,660 | ~1.8512% | ~$8,472 | +18.0% |
| 2031 | ~$477,002 | ~$477,002 | ~1.8024% | ~$8,597 | +23.0% |
In 2025, this property's market value of $362,705 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -74% 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 | $362,705 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $378,053 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $363,473 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $346,105 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $347,398 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |