4412 MEDICAL PKWY TX 78756
| Owner | NORTON OWEN ANDERTON |
|---|---|
| Parcel ID | 0222030204 |
| Short ID | 219803 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 452 SF |
| Land SF | 1,166 SF |
| Acres | 0.027 |
| Year Built | 1946 |
| Legal | N 66FT OF LOT 1 * OF ORIG LT 1 HANCOCK LEWIS SUBD PLUS 12 SQ FT |
| Neighborhood | 33CEN |
| Land | $87,450 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $87,450 |
| Improvement | $128,440 |
|---|---|
| Total Improvement | $128,440 |
| Market | $215,890 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $215,890 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $215,890 |
| Taxable Value | $215,890 |
|---|
Appreciation: Market value has risen +112.3% from $101,672 (2021) to $215,890 (2025), a CAGR of 20.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $4,418. 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 41% of market value ($87,450 land vs $128,440 improvements), about $75/SF of land. Most value sits in the improvements, so building condition, age (~80 yrs), and rent roll drive the underwriting.
Submarket Position: At $215,890, 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 +17.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $523,168 by 2031, with an estimated annual tax burden around $6,997. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 500 SF | ✗ |
| 1ST | 1st Floor | 452 SF | ✓ |
| 581C | STORAGE ATT COMM | 66 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% | $1,850.40 | $1,850.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,048.03 | $1,048.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $751.69 | $751.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $236.05 | $236.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $206.80 | $206.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,092.97 | $4,092.97 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,850.40 | 45.2% |
| CAT City of Austin | 0.5240% | $1,048.03 | 25.6% |
| TCO Travis County | 0.3758% | $751.69 | 18.4% |
| THD Travis Central Health | 0.1180% | $236.05 | 5.8% |
| ACT Austin Community College | 0.1034% | $206.80 | 5.1% |
| Total | 2.0465% | $4,092.97 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $230,633 | $215,890 | +6.8% |
| Assessed Value | $230,633 | $215,890 | +6.8% |
| Land Value | $87,450 | $87,450 | +0.0% |
| Improvement Value | $143,183 | $128,440 | +11.5% |
| Taxable Value | $230,633 | $215,890 | +6.8% |
| Total Tax 2026 = estimate |
~$4,720
Estimated
|
~$4,093
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $230,633 | $87,450 | $143,183 | — | $230,633 | $230,633 | Not yet — post-cert | Preliminary |
| 2025 | $215,890 | $87,450 | $128,440 | — | $215,890 | $215,890 | ~$4,093 | Partial |
| 2024 | $224,144 | $87,450 | $136,694 | — | $224,144 | $224,144 | $3,988 | Verified |
| 2023 | $223,060 | $87,450 | $135,610 | — | $223,060 | $223,060 | $3,438 | Verified |
| 2022 | $184,831 | $87,450 | $97,381 | — | $184,831 | $184,831 | $2,181 | Verified |
| 2021 | $101,672 | $78,705 | $22,967 | — | $101,672 | $101,672 | $2,213 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2025 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2024 | +0.5% | +0.5% | ~100% | No billing data | Verified |
| 2023 | +20.7% | +20.7% | ~100% | No billing data | Verified |
| 2022 | +81.8% ! | +81.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +112.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.8% | +21.2% | +17.8% | +81.8% | 2022 | -3.7% | 2025 |
| 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 |
$4,093 | $3,182 | ~$6,018 | $4,093 | 2025 | $2,181 | 2022 |
Market value changed by 82% 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 | ~$271,685 | ~$253,696 | ~2.0139% | ~$5,109 | +17.8% |
| 2028 | ~$320,044 | ~$279,066 | ~1.9814% | ~$5,529 | +38.8% |
| 2029 | ~$377,011 | ~$306,973 | ~1.9488% | ~$5,982 | +63.5% |
| 2030 | ~$444,117 | ~$337,670 | ~1.9163% | ~$6,471 | +92.6% |
| 2031 | ~$523,168 | ~$371,437 | ~1.8837% | ~$6,997 | +126.8% |
| 2027 | ~$267,072 | ~$253,696 | ~2.0465% | ~$5,192 | +15.8% |
| 2028 | ~$309,269 | ~$279,066 | ~2.0465% | ~$5,711 | +34.1% |
| 2029 | ~$358,132 | ~$306,973 | ~2.0465% | ~$6,282 | +55.3% |
| 2030 | ~$414,716 | ~$337,670 | ~2.0465% | ~$6,910 | +79.8% |
| 2031 | ~$480,239 | ~$371,437 | ~2.0465% | ~$7,601 | +108.2% |
| 2027 | ~$276,298 | ~$253,696 | ~1.9977% | ~$5,068 | +19.8% |
| 2028 | ~$331,003 | ~$279,066 | ~1.9488% | ~$5,439 | +43.5% |
| 2029 | ~$396,541 | ~$306,973 | ~1.9000% | ~$5,833 | +71.9% |
| 2030 | ~$475,055 | ~$337,670 | ~1.8512% | ~$6,251 | +106.0% |
| 2031 | ~$569,114 | ~$371,437 | ~1.8024% | ~$6,695 | +146.8% |
In 2025, this property's market value of $215,890 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -84% 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 | $215,890 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $224,144 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $223,060 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $184,831 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $101,672 | $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 | — |