3505 WELLS BRANCH PKWY TX 78728
| Owner | WELLS BRANCH MARKET LLC |
|---|---|
| Parcel ID | 0270160415 |
| Short ID | 273275 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,288 SF |
| Land SF | 25,943 SF |
| Acres | 0.596 |
| Year Built | 1987 |
| Legal | LOT 4 LESS .217A MARKET AT WELLS BRANCH SUBD SEC 2 |
| Neighborhood | 48NOR |
| Land | $518,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $518,860 |
| Improvement | $445,637 |
|---|---|
| Total Improvement | $445,637 |
| Market | $964,497 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $964,497 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $964,497 |
| Taxable Value | $964,497 |
|---|
Appreciation: Market value has risen +40.5% from $686,336 (2021) to $964,497 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $19,429. Round Rock ISD is the largest single contributor, at 44.3% 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 54% of market value ($518,860 land vs $445,637 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $964,497, this parcel sits in the lower-middle (25th–50th 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 +7.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,413,194 by 2031, with an estimated annual tax burden around $24,330. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,000 SF | ✗ |
| 501 | CANOPY | 2,704 SF | ✗ |
| 1ST | 1st Floor | 2,288 SF | ✓ |
| 611 | TERRACE | 702 SF | ✗ |
| 437 | FENCE MASON LF | 31 SF | ✗ |
| 482 | LIGHT POLES | 3 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $8,613.92 | $8,613.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,054.13 | $5,054.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,625.01 | $3,625.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,138.33 | $1,138.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $997.29 | $997.29 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $19,428.68 | $19,428.68 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $8,613.92 | 44.3% |
| CAT City of Austin | 0.5240% | $5,054.13 | 26.0% |
| TCO Travis County | 0.3758% | $3,625.01 | 18.7% |
| THD Travis Central Health | 0.1180% | $1,138.33 | 5.9% |
| ACT Austin Community College | 0.1034% | $997.29 | 5.1% |
| Total | 2.0144% | $19,428.68 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $984,848 | $964,497 | +2.1% |
| Assessed Value | $984,848 | $964,497 | +2.1% |
| Land Value | $518,860 | $518,860 | +0.0% |
| Improvement Value | $465,988 | $445,637 | +4.6% |
| Taxable Value | $984,848 | $964,497 | +2.1% |
| Total Tax 2026 = estimate |
~$19,839
Estimated
|
~$19,429
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $984,848 | $518,860 | $465,988 | — | $984,848 | $984,848 | Not yet — post-cert | Preliminary |
| 2025 | $964,497 | $518,860 | $445,637 | — | $964,497 | $964,497 | ~$19,429 | Partial |
| 2024 | $967,414 | $518,860 | $448,554 | — | $967,414 | $967,414 | $18,617 | Verified |
| 2023 | $846,537 | $389,145 | $457,392 | — | $846,537 | $846,537 | $15,478 | Verified |
| 2022 | $697,096 | $389,145 | $307,951 | — | $697,096 | $697,096 | $14,008 | Verified |
| 2021 | $686,336 | $389,145 | $297,191 | — | $686,336 | $686,336 | $15,433 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2024 | +14.3% | +14.3% | ~100% | No billing data | Verified |
| 2023 | +21.4% | +21.4% | ~100% | No billing data | Verified |
| 2022 | +1.6% | +1.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.1% | +7.8% | +7.5% | +21.4% | 2023 | -0.3% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,429 | $16,593 | ~$22,504 | $19,429 | 2025 | $14,008 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,058,609 | ~$1,058,609 | ~1.9558% | ~$20,705 | +7.5% |
| 2028 | ~$1,137,895 | ~$1,137,895 | ~1.8973% | ~$21,589 | +15.5% |
| 2029 | ~$1,223,119 | ~$1,223,119 | ~1.8387% | ~$22,490 | +24.2% |
| 2030 | ~$1,314,726 | ~$1,314,726 | ~1.7802% | ~$23,405 | +33.5% |
| 2031 | ~$1,413,194 | ~$1,413,194 | ~1.7216% | ~$24,330 | +43.5% |
| 2027 | ~$1,038,912 | ~$1,038,912 | ~2.0144% | ~$20,928 | +5.5% |
| 2028 | ~$1,095,945 | ~$1,095,945 | ~2.0144% | ~$22,077 | +11.3% |
| 2029 | ~$1,156,108 | ~$1,156,108 | ~2.0144% | ~$23,288 | +17.4% |
| 2030 | ~$1,219,573 | ~$1,219,573 | ~2.0144% | ~$24,567 | +23.8% |
| 2031 | ~$1,286,523 | ~$1,286,523 | ~2.0144% | ~$25,916 | +30.6% |
| 2027 | ~$1,078,306 | ~$1,078,306 | ~1.9266% | ~$20,774 | +9.5% |
| 2028 | ~$1,180,633 | ~$1,180,633 | ~1.8387% | ~$21,709 | +19.9% |
| 2029 | ~$1,292,671 | ~$1,292,671 | ~1.7509% | ~$22,634 | +31.3% |
| 2030 | ~$1,415,340 | ~$1,415,340 | ~1.6631% | ~$23,538 | +43.7% |
| 2031 | ~$1,549,650 | ~$1,549,650 | ~1.5753% | ~$24,411 | +57.3% |
In 2025, this property's market value of $964,497 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -30% 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 | $964,497 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $967,414 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $846,537 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $697,096 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $686,336 | $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 | — |