1112 W KOENIG LN AUSTIN, TX 78756
| Owner | VAISHNAVI GROUP LLC |
|---|---|
| Parcel ID | 0229070826 |
| Short ID | 229841 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,624 SF |
| Land SF | 20,020 SF |
| Acres | 0.460 |
| Year Built | 1958 |
| Legal | LOT 7A BLK Y RESUB OF LOT 7-8 VIOLET CROWN HEIGHTS SEC 2 |
| Neighborhood | 48CEN |
| Land | $1,446,445 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,446,445 |
| Improvement | $87,822 |
|---|---|
| Total Improvement | $87,822 |
| Market | $1,534,267 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,534,267 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,534,267 |
| Taxable Value | $1,534,267 |
|---|
Appreciation: Market value has risen +72.7% from $888,541 (2021) to $1,534,267 (2025), a CAGR of 14.6% 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 $31,399. 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 94% of market value ($1,446,445 land vs $87,822 improvements), about $72/SF of land. With value concentrated in the land under a ~68-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 $1,534,267, 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 +14.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,472,977 by 2031, with an estimated annual tax burden around $53,294. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,035 SF | ✗ |
| 1ST | 1st Floor | 1,624 SF | ✓ |
| 501 | CANOPY | 1,173 SF | ✗ |
| 403 | CARWASH DRIVE-THRU | 392 SF | ✓ |
| 327 | STORAGE COMM'L | 345 SF | ✓ |
| 611 | TERRACE | 267 SF | ✗ |
| 541 | FENCE COMM LF | 130 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% | $14,195.04 | $14,195.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,039.82 | $8,039.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,766.47 | $5,766.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,810.79 | $1,810.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,586.43 | $1,586.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,398.55 | $31,398.55 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $14,195.04 | 45.2% |
| CAT City of Austin | 0.5240% | $8,039.82 | 25.6% |
| TCO Travis County | 0.3758% | $5,766.47 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,810.79 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,586.43 | 5.1% |
| Total | 2.0465% | $31,398.55 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,756,668 | $1,534,267 | +14.5% |
| Assessed Value | $1,756,668 | $1,534,267 | +14.5% |
| Land Value | $1,446,445 | $1,446,445 | +0.0% |
| Improvement Value | $310,223 | $87,822 | +253.2% |
| Taxable Value | $1,756,668 | $1,534,267 | +14.5% |
| Total Tax 2026 = estimate |
~$35,950
Estimated
|
~$31,399
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,756,668 | $1,446,445 | $310,223 | — | $1,756,668 | $1,756,668 | Not yet — post-cert | Preliminary |
| 2025 | $1,534,267 | $1,446,445 | $87,822 | — | $1,534,267 | $1,534,267 | ~$31,399 | Partial |
| 2024 | $1,602,822 | $1,446,445 | $156,377 | — | $1,602,822 | $1,602,822 | $31,765 | Verified |
| 2023 | $1,600,000 | $1,446,445 | $153,555 | — | $1,600,000 | $1,600,000 | $28,948 | Verified |
| 2022 | $1,492,130 | $1,276,275 | $215,855 | — | $1,492,130 | $1,492,130 | $29,468 | Verified |
| 2021 | $888,541 | $680,680 | $207,861 | — | $888,541 | $888,541 | $19,341 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.5% | +14.5% | ~100% | Not available | Partial |
| 2025 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | No billing data | Verified |
| 2023 | +7.2% | +7.2% | ~100% | No billing data | Verified |
| 2022 | +67.9% | +67.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +72.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.5% | +17.1% | +14.6% | +67.9% | 2022 | -4.3% | 2025 |
| 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 |
$31,399 | $28,184 | ~$45,836 | $31,765 | 2024 | $19,341 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,013,224 | ~$1,932,335 | ~2.0139% | ~$38,916 | +14.6% |
| 2028 | ~$2,307,250 | ~$2,125,568 | ~1.9814% | ~$42,116 | +31.3% |
| 2029 | ~$2,644,217 | ~$2,338,125 | ~1.9488% | ~$45,566 | +50.5% |
| 2030 | ~$3,030,397 | ~$2,571,938 | ~1.9163% | ~$49,286 | +72.5% |
| 2031 | ~$3,472,977 | ~$2,829,131 | ~1.8837% | ~$53,294 | +97.7% |
| 2027 | ~$1,978,091 | ~$1,932,335 | ~2.0465% | ~$39,545 | +12.6% |
| 2028 | ~$2,227,423 | ~$2,125,568 | ~2.0465% | ~$43,499 | +26.8% |
| 2029 | ~$2,508,183 | ~$2,338,125 | ~2.0465% | ~$47,849 | +42.8% |
| 2030 | ~$2,824,332 | ~$2,571,938 | ~2.0465% | ~$52,634 | +60.8% |
| 2031 | ~$3,180,331 | ~$2,829,131 | ~2.0465% | ~$57,898 | +81.0% |
| 2027 | ~$2,048,358 | ~$1,932,335 | ~1.9977% | ~$38,602 | +16.6% |
| 2028 | ~$2,388,481 | ~$2,125,568 | ~1.9488% | ~$41,424 | +36.0% |
| 2029 | ~$2,785,081 | ~$2,338,125 | ~1.9000% | ~$44,425 | +58.5% |
| 2030 | ~$3,247,536 | ~$2,571,938 | ~1.8512% | ~$47,612 | +84.9% |
| 2031 | ~$3,786,780 | ~$2,829,131 | ~1.8024% | ~$50,991 | +115.6% |
In 2025, this property's market value of $1,534,267 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +11% 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 | $1,534,267 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,602,822 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,600,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,492,130 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $888,541 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below 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 | — |