2229 E RIVERSIDE DR TX 78741
| Owner | ANCHOR EQUITIES LTD |
|---|---|
| Parcel ID | 0304070807 |
| Short ID | 285488 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 39,192 SF |
| Land SF | 124,011 SF |
| Acres | 2.847 |
| Year Built | 1974 |
| Legal | LOT 8 RIVERSIDE DRIVE PLAZA JOINT VENTURE |
| Neighborhood | 43CEN |
| Land | $5,580,495 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,580,495 |
| Improvement | $2,279,505 |
|---|---|
| Total Improvement | $2,279,505 |
| Market | $7,860,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,860,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,860,000 |
| Taxable Value | $7,860,000 |
|---|
Appreciation: Market value has risen +8.4% from $7,251,628 (2021) to $7,860,000 (2025), a CAGR of 2.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $160,854. 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 71% of market value ($5,580,495 land vs $2,279,505 improvements), about $45/SF of land. With value concentrated in the land under a ~52-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 $7,860,000, 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 +5.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $12,595,813 by 2031, with an estimated annual tax burden around $237,273. 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 | 69,700 SF | ✗ |
| 1ST | 1st Floor | 39,192 SF | ✓ |
| 491 | SPRINKLER HEADS | 29,095 SF | ✗ |
| 611 | TERRACE | 3,069 SF | ✗ |
| 501 | CANOPY | 1,926 SF | ✗ |
| 407 | LOADING DOCK | 105 SF | ✓ |
| 482 | LIGHT POLES | 10 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% | $72,720.72 | $72,720.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,187.74 | $41,187.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,541.42 | $29,541.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,276.61 | $9,276.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,127.24 | $8,127.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $160,853.73 | $160,853.73 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $72,720.72 | 45.2% |
| CAT City of Austin | 0.5240% | $41,187.74 | 25.6% |
| TCO Travis County | 0.3758% | $29,541.42 | 18.4% |
| THD Travis Central Health | 0.1180% | $9,276.61 | 5.8% |
| ACT Austin Community College | 0.1034% | $8,127.24 | 5.1% |
| Total | 2.0465% | $160,853.73 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,557,204 | $7,860,000 | +21.6% |
| Assessed Value | $9,557,204 | $7,860,000 | +21.6% |
| Land Value | $5,580,495 | $5,580,495 | +0.0% |
| Improvement Value | $3,976,709 | $2,279,505 | +74.5% |
| Taxable Value | $9,557,204 | $7,860,000 | +21.6% |
| Total Tax 2026 = estimate |
~$195,587
Estimated
|
~$160,854
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,557,204 | $5,580,495 | $3,976,709 | — | $9,557,204 | $9,557,204 | Not yet — post-cert | Preliminary |
| 2025 | $7,860,000 | $5,580,495 | $2,279,505 | — | $7,860,000 | $7,860,000 | ~$160,854 | Partial |
| 2024 | $8,137,000 | $5,580,495 | $2,556,505 | — | $8,137,000 | $8,137,000 | $160,564 | Verified |
| 2023 | $7,700,000 | $5,580,495 | $2,119,505 | — | $7,700,000 | $7,700,000 | $137,601 | Verified |
| 2022 | $7,490,357 | $5,580,495 | $1,909,862 | — | $7,490,357 | $7,490,357 | $146,515 | Verified |
| 2021 | $7,251,628 | $5,580,495 | $1,671,133 | — | $7,251,628 | $7,251,628 | $154,703 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.6% | +21.6% | ~100% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | +5.7% | +5.7% | ~100% | No billing data | Verified |
| 2023 | +2.8% | +2.8% | ~100% | No billing data | Verified |
| 2022 | +3.3% | +3.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.6% | +6.0% | +5.7% | +21.6% | 2026 | -3.4% | 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 |
$160,854 | $152,048 | ~$220,073 | $160,854 | 2025 | $137,601 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,099,734 | ~$10,099,734 | ~2.0139% | ~$203,402 | +5.7% |
| 2028 | ~$10,673,061 | ~$10,673,061 | ~1.9814% | ~$211,475 | +11.7% |
| 2029 | ~$11,278,934 | ~$11,278,934 | ~1.9488% | ~$219,808 | +18.0% |
| 2030 | ~$11,919,201 | ~$11,919,201 | ~1.9163% | ~$228,407 | +24.7% |
| 2031 | ~$12,595,813 | ~$12,595,813 | ~1.8837% | ~$237,273 | +31.8% |
| 2027 | ~$9,908,590 | ~$9,908,590 | ~2.0465% | ~$202,778 | +3.7% |
| 2028 | ~$10,272,895 | ~$10,272,895 | ~2.0465% | ~$210,233 | +7.5% |
| 2029 | ~$10,650,594 | ~$10,650,594 | ~2.0465% | ~$217,963 | +11.4% |
| 2030 | ~$11,042,180 | ~$11,042,180 | ~2.0465% | ~$225,977 | +15.5% |
| 2031 | ~$11,448,163 | ~$11,448,163 | ~2.0465% | ~$234,285 | +19.8% |
| 2027 | ~$10,290,878 | ~$10,290,878 | ~1.9977% | ~$205,577 | +7.7% |
| 2028 | ~$11,080,873 | ~$11,080,873 | ~1.9488% | ~$215,948 | +15.9% |
| 2029 | ~$11,931,514 | ~$11,931,514 | ~1.9000% | ~$226,701 | +24.8% |
| 2030 | ~$12,847,455 | ~$12,847,455 | ~1.8512% | ~$237,831 | +34.4% |
| 2031 | ~$13,833,710 | ~$13,833,710 | ~1.8024% | ~$249,335 | +44.7% |
In 2025, this property's market value of $7,860,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× 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 | $7,860,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,137,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,700,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,490,357 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,251,628 | $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 | — |