3021 S INTERSTATE HY 35 ROUND ROCK, TX 78664
| Owner | B H 3021-3203 SOUTH IH35 LLC |
|---|---|
| Parcel ID | 0284230236 |
| Short ID | 802025 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 49,478 SF |
| Land SF | 399,519 SF |
| Acres | 9.172 |
| Year Built | 2004 |
| Legal | 9.1717 A OF LOT 1 ROUND ROCK GATEWAY SEC 1 FINAL REPLAT OF(8.9357 AC TRAVIS CO) |
| Neighborhood | 41PFL/FNE |
| Land | $7,990,385 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,990,385 |
| Improvement | $1,448,815 |
|---|---|
| Total Improvement | $1,448,815 |
| Market | $9,439,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,439,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,439,200 |
| Taxable Value | $9,439,200 |
|---|
Appreciation: Market value has fallen -2.9% from $9,724,000 (2021) to $9,439,200 (2025), a CAGR of -0.7% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $175,793. Round Rock ISD is the largest single contributor, at 48.0% 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 85% of market value ($7,990,385 land vs $1,448,815 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $9,439,200, this parcel sits in the top quartile (≥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 +2.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $12,439,023 by 2031, with an estimated annual tax burden around $194,000. 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 | 285,974 SF | ✗ |
| 1ST | 1st Floor | 49,478 SF | ✓ |
| 491 | SPRINKLER HEADS | 49,478 SF | ✗ |
| 611 | TERRACE | 10,830 SF | ✗ |
| 501 | CANOPY | 2,539 SF | ✗ |
| 408 | LOADING RAMP | 855 SF | ✓ |
| 482 | LIGHT POLES | 20 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% | $82,160.63 | $82,160.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $34,575.82 | $34,575.82 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $34,222.10 | $34,222.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,857.51 | $10,857.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,512.27 | $9,512.27 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $171,328.33 | $171,328.33 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $82,160.63 | 48.0% |
| TCO Travis County | 0.3758% | $34,575.82 | 20.2% |
| CRR City of Round Rock | 0.3720% | $34,222.10 | 20.0% |
| THD Travis Central Health | 0.1180% | $10,857.51 | 6.3% |
| ACT Austin Community College | 0.1034% | $9,512.27 | 5.6% |
| Total | 1.8624% | $171,328.33 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,998,048 | $9,439,200 | +16.5% |
| Assessed Value | $10,998,048 | $9,439,200 | +16.5% |
| Land Value | $7,990,385 | $7,990,385 | +0.0% |
| Improvement Value | $3,007,663 | $1,448,815 | +107.6% |
| Taxable Value | $10,998,048 | $9,439,200 | +16.5% |
| Total Tax 2026 = estimate |
~$204,824
Estimated
|
~$171,328
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,998,048 | $7,990,385 | $3,007,663 | — | $10,998,048 | $10,998,048 | Not yet — post-cert | Preliminary |
| 2025 | $9,439,200 | $7,990,385 | $1,448,815 | — | $9,439,200 | $9,439,200 | ~$171,328 | Partial |
| 2024 | $8,295,000 | $7,990,385 | $304,615 | −$239,712 | $8,055,288 | $8,055,288 | $145,544 | Verified |
| 2023 | $7,257,805 | $7,990,385 | — | −$217,734 | $7,040,071 | $7,040,071 | $124,254 | Verified |
| 2022 | $7,562,511 | $7,990,385 | — | −$226,875 | $7,335,636 | $7,335,636 | $140,861 | Verified |
| 2021 | $9,724,000 | $7,990,385 | $1,733,615 | — | $9,724,000 | $9,484,288 | $199,604 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.5% | +16.5% | ~100% | Not available | Partial |
| 2025 | +13.8% | +17.2% | ~100% | Not available | Partial |
| 2024 | +14.3% | +14.4% | 97.1% | No billing data | Verified |
| 2023 | -4.0% | -4.0% | 97.0% | No billing data | Verified |
| 2022 | -22.2% | -24.6% | 97.0% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.5% | +3.7% | +2.5% | +16.5% | 2026 | -22.2% | 2022 |
| Assessment Ratio | 100.0% | 98.5% | — | 100.0% | 2021 | 97.0% | 2022 |
| Effective Tax Rate (2025) | 1.8200% | 1.8200% | — | 1.8200% | 2025 | 1.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$171,328 | $156,318 | ~$198,785 | $199,604 | 2021 | $124,254 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,272,227 | ~$11,272,227 | ~1.8018% | ~$203,105 | +2.5% |
| 2028 | ~$11,553,242 | ~$11,553,242 | ~1.7413% | ~$201,172 | +5.0% |
| 2029 | ~$11,841,262 | ~$11,841,262 | ~1.6807% | ~$199,017 | +7.7% |
| 2030 | ~$12,136,463 | ~$12,136,463 | ~1.6202% | ~$196,630 | +10.4% |
| 2031 | ~$12,439,023 | ~$12,439,023 | ~1.5596% | ~$194,000 | +13.1% |
| 2027 | ~$11,052,266 | ~$11,052,266 | ~1.8624% | ~$205,834 | +0.5% |
| 2028 | ~$11,106,752 | ~$11,106,752 | ~1.8624% | ~$206,849 | +1.0% |
| 2029 | ~$11,161,507 | ~$11,161,507 | ~1.8624% | ~$207,868 | +1.5% |
| 2030 | ~$11,216,531 | ~$11,216,531 | ~1.8624% | ~$208,893 | +2.0% |
| 2031 | ~$11,271,826 | ~$11,271,826 | ~1.8624% | ~$209,923 | +2.5% |
| 2027 | ~$11,492,188 | ~$11,492,188 | ~1.7715% | ~$203,589 | +4.5% |
| 2028 | ~$12,008,530 | ~$12,008,530 | ~1.6807% | ~$201,829 | +9.2% |
| 2029 | ~$12,548,072 | ~$12,548,072 | ~1.5899% | ~$199,499 | +14.1% |
| 2030 | ~$13,111,854 | ~$13,111,854 | ~1.4991% | ~$196,553 | +19.2% |
| 2031 | ~$13,700,968 | ~$13,700,968 | ~1.4082% | ~$192,940 | +24.6% |
In 2025, this property's market value of $9,439,200 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× 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 | $9,439,200 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,295,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,257,805 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,562,511 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $9,724,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 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 | — |