2120 E RIVERSIDE DR TX 78741
| Owner | TINNIN FORD RIVERSIDE LLC |
|---|---|
| Parcel ID | 0304070501 |
| Short ID | 285467 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 7,740 SF |
| Land SF | 40,498 SF |
| Acres | 0.930 |
| Year Built | 1976 |
| Legal | LOT D * LESS 37 SQ FT SUNNY-DAY ADDN |
| Neighborhood | 31CEN |
| Land | $2,132,220 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,132,220 |
| Improvement | $120,499 |
|---|---|
| Total Improvement | $120,499 |
| Market | $2,252,719 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,252,719 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,252,719 |
| Taxable Value | $2,252,719 |
|---|
Appreciation: Market value has risen +232.7% from $677,014 (2021) to $2,252,719 (2025), a CAGR of 35.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $46,102. 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 95% of market value ($2,132,220 land vs $120,499 improvements), about $53/SF of land. With value concentrated in the land under a ~50-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 $2,252,719, 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 +27.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,546,922 by 2031, with an estimated annual tax burden around $68,575. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 24,660 SF | ✗ |
| 1ST | 1st Floor | 7,740 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% | $20,842.16 | $20,842.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,804.63 | $11,804.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,466.73 | $8,466.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,658.73 | $2,658.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,329.31 | $2,329.31 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $46,101.56 | $46,101.56 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $20,842.16 | 45.2% |
| CAT City of Austin | 0.5240% | $11,804.63 | 25.6% |
| TCO Travis County | 0.3758% | $8,466.73 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,658.73 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,329.31 | 5.1% |
| Total | 2.0465% | $46,101.56 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,260,392 | $2,252,719 | +0.3% |
| Assessed Value | $2,260,392 | $2,252,719 | +0.3% |
| Land Value | $2,132,220 | $2,132,220 | +0.0% |
| Improvement Value | $128,172 | $120,499 | +6.4% |
| Taxable Value | $2,260,392 | $2,252,719 | +0.3% |
| Total Tax 2026 = estimate |
~$46,259
Estimated
|
~$46,102
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,260,392 | $2,132,220 | $128,172 | — | $2,260,392 | $2,260,392 | Not yet — post-cert | Preliminary |
| 2025 | $2,252,719 | $2,132,220 | $120,499 | — | $2,252,719 | $2,252,719 | ~$46,102 | Partial |
| 2024 | $690,000 | $794,857 | — | — | $690,000 | $690,000 | $13,675 | Verified |
| 2023 | $749,437 | $550,286 | $199,151 | — | $749,437 | $749,437 | $12,484 | Verified |
| 2022 | $664,252 | $550,286 | $113,966 | — | $664,252 | $664,252 | $12,264 | Verified |
| 2021 | $677,014 | $550,286 | $126,728 | — | $677,014 | $677,014 | $13,517 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | +226.5% ! | +226.5% | ~100% | Not available | Partial |
| 2024 | -7.9% | -7.9% | ~100% | No billing data | Verified |
| 2023 | +12.8% | +12.8% | ~100% | No billing data | Verified |
| 2022 | -1.9% | -1.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +232.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +46.0% | +27.3% | +226.5% | 2025 | -7.9% | 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 |
$46,102 | $19,608 | ~$58,979 | $46,102 | 2025 | $12,264 | 2022 |
Market value changed by 226% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,876,742 | ~$2,486,431 | ~2.0139% | ~$50,075 | +27.3% |
| 2028 | ~$3,661,156 | ~$2,735,074 | ~1.9814% | ~$54,192 | +62.0% |
| 2029 | ~$4,659,458 | ~$3,008,582 | ~1.9488% | ~$58,632 | +106.1% |
| 2030 | ~$5,929,972 | ~$3,309,440 | ~1.9163% | ~$63,419 | +162.3% |
| 2031 | ~$7,546,922 | ~$3,640,384 | ~1.8837% | ~$68,575 | +233.9% |
| 2027 | ~$2,831,535 | ~$2,486,431 | ~2.0465% | ~$50,884 | +25.3% |
| 2028 | ~$3,546,990 | ~$2,735,074 | ~2.0465% | ~$55,973 | +56.9% |
| 2029 | ~$4,443,223 | ~$3,008,582 | ~2.0465% | ~$61,570 | +96.6% |
| 2030 | ~$5,565,911 | ~$3,309,440 | ~2.0465% | ~$67,727 | +146.2% |
| 2031 | ~$6,972,272 | ~$3,640,384 | ~2.0465% | ~$74,500 | +208.5% |
| 2027 | ~$2,921,950 | ~$2,486,431 | ~1.9977% | ~$49,670 | +29.3% |
| 2028 | ~$3,777,130 | ~$2,735,074 | ~1.9488% | ~$53,302 | +67.1% |
| 2029 | ~$4,882,598 | ~$3,008,582 | ~1.9000% | ~$57,164 | +116.0% |
| 2030 | ~$6,311,608 | ~$3,309,440 | ~1.8512% | ~$61,264 | +179.2% |
| 2031 | ~$8,158,852 | ~$3,640,384 | ~1.8024% | ~$65,613 | +260.9% |
In 2025, this property's market value of $2,252,719 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +63% 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 | $2,252,719 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $690,000 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $749,437 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $664,252 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $677,014 | $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 | — |