209 W NORTH LOOP BLVD TX 78756
| Owner | NKM PROPERTIES LLC |
|---|---|
| Parcel ID | 0223080216 |
| Short ID | 221430 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,880 SF |
| Land SF | 45,227 SF |
| Acres | 1.038 |
| Year Built | 1960 |
| Legal | LOT 6 HINTON ADDN |
| Neighborhood | 30CEN |
| Land | $1,628,172 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,628,172 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,438,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,438,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,438,000 |
| Taxable Value | $1,438,000 |
|---|
Appreciation: Market value has fallen -18.1% from $1,755,094 (2021) to $1,438,000 (2025), a CAGR of -4.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $29,428. 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 113% of market value ($1,628,172 land vs $0 improvements), about $36/SF of land. With value concentrated in the land under a ~66-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 $1,438,000, this parcel sits in the upper-middle (50th–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 -3.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,178,196 by 2031, with an estimated annual tax burden around $22,194. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 6,880 SF | ✓ |
| 501 | CANOPY | 1,205 SF | ✗ |
| 511 | DECK | 480 SF | ✗ |
| 581C | STORAGE ATT COMM | 154 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% | $13,304.38 | $13,304.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,535.36 | $7,535.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,404.65 | $5,404.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,697.17 | $1,697.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,486.89 | $1,486.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,428.45 | $29,428.45 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $13,304.38 | 45.2% |
| CAT City of Austin | 0.5240% | $7,535.36 | 25.6% |
| TCO Travis County | 0.3758% | $5,404.65 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,697.17 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,486.89 | 5.1% |
| Total | 2.0465% | $29,428.45 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,438,000 | $1,438,000 | +0.0% |
| Assessed Value | $1,438,000 | $1,438,000 | +0.0% |
| Land Value | $1,628,172 | $1,628,172 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,438,000 | $1,438,000 | +0.0% |
| Total Tax 2026 = estimate |
~$29,428
Estimated
|
~$29,428
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,438,000 | $1,628,172 | — | — | $1,438,000 | $1,438,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,438,000 | $1,628,172 | — | — | $1,438,000 | $1,438,000 | ~$29,428 | Partial |
| 2024 | $1,438,000 | $1,628,172 | — | — | $1,438,000 | $1,438,000 | $28,498 | Verified |
| 2023 | $1,800,000 | $1,628,172 | $171,828 | — | $1,800,000 | $1,800,000 | $32,566 | Verified |
| 2022 | $1,755,835 | $1,628,172 | $127,663 | — | $1,755,835 | $1,755,835 | $34,676 | Verified |
| 2021 | $1,755,094 | $1,628,172 | $126,922 | — | $1,755,094 | $1,755,094 | $38,203 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -20.1% | -20.1% | ~100% | No billing data | Verified |
| 2023 | +2.5% | +2.5% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -3.5% | -3.9% | +2.5% | 2023 | -20.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$29,428 | $32,675 | ~$24,939 | $38,203 | 2021 | $28,498 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,381,817 | ~$1,381,817 | ~2.0139% | ~$27,829 | -3.9% |
| 2028 | ~$1,327,829 | ~$1,327,829 | ~1.9814% | ~$26,309 | -7.7% |
| 2029 | ~$1,275,951 | ~$1,275,951 | ~1.9488% | ~$24,866 | -11.3% |
| 2030 | ~$1,226,099 | ~$1,226,099 | ~1.9163% | ~$23,496 | -14.7% |
| 2031 | ~$1,178,196 | ~$1,178,196 | ~1.8837% | ~$22,194 | -18.1% |
| 2027 | ~$1,366,100 | ~$1,366,100 | ~2.0465% | ~$27,957 | -5.0% |
| 2028 | ~$1,297,795 | ~$1,297,795 | ~2.0465% | ~$26,559 | -9.8% |
| 2029 | ~$1,232,905 | ~$1,232,905 | ~2.0465% | ~$25,231 | -14.3% |
| 2030 | ~$1,171,260 | ~$1,171,260 | ~2.0465% | ~$23,970 | -18.5% |
| 2031 | ~$1,112,697 | ~$1,112,697 | ~2.0465% | ~$22,771 | -22.6% |
| 2027 | ~$1,410,577 | ~$1,410,577 | ~1.9977% | ~$28,179 | -1.9% |
| 2028 | ~$1,383,677 | ~$1,383,677 | ~1.9488% | ~$26,966 | -3.8% |
| 2029 | ~$1,357,290 | ~$1,357,290 | ~1.9000% | ~$25,789 | -5.6% |
| 2030 | ~$1,331,407 | ~$1,331,407 | ~1.8512% | ~$24,647 | -7.4% |
| 2031 | ~$1,306,017 | ~$1,306,017 | ~1.8024% | ~$23,539 | -9.2% |
In 2025, this property's market value of $1,438,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +4% above 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 | $1,438,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,438,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,800,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,755,835 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,755,094 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 | — |