2241 S INTERSTATE HY 35 TX 78741
| Owner | HOUSTONAUSTIN INVESTMENTS LLC |
|---|---|
| Parcel ID | 0305031109 |
| Short ID | 285949 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,056 SF |
| Land SF | 30,625 SF |
| Acres | 0.703 |
| Year Built | 1984 |
| Legal | LOT 1 LESS S 10FT GRAY & BECKER SUBD |
| Neighborhood | 48CEN |
| Land | $1,837,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,837,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,500,000 |
| Taxable Value | $1,500,000 |
|---|
Appreciation: Market value has risen +39.1% from $1,078,677 (2021) to $1,500,000 (2025), a CAGR of 8.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $30,697. 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 123% of market value ($1,837,500 land vs $0 improvements), about $60/SF of land. With value concentrated in the land under a ~42-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 $1,500,000, 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 +14.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,088,342 by 2031, with an estimated annual tax burden around $54,608. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 25,000 SF | ✗ |
| 501 | CANOPY | 4,182 SF | ✗ |
| 1ST | 1st Floor | 1,056 SF | ✓ |
| 403 | CARWASH DRIVE-THRU | 656 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% | $13,878.00 | $13,878.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,860.26 | $7,860.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,637.68 | $5,637.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,770.35 | $1,770.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,551.00 | $1,551.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,697.29 | $30,697.29 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $13,878.00 | 45.2% |
| CAT City of Austin | 0.5240% | $7,860.26 | 25.6% |
| TCO Travis County | 0.3758% | $5,637.68 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,770.35 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,551.00 | 5.1% |
| Total | 2.0465% | $30,697.29 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,100,000 | $1,500,000 | +40.0% |
| Assessed Value | $1,800,000 | $1,500,000 | +20.0% |
| Land Value | $1,837,500 | $1,837,500 | +0.0% |
| Improvement Value | $262,500 | — | — |
| Taxable Value | $1,800,000 | $1,500,000 | +20.0% |
| HS Cap Loss | -$300,000 | — | |
| Total Tax 2026 = estimate |
~$36,837
Estimated
|
~$30,697
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,100,000 | $1,837,500 | $262,500 | −$300,000 | $1,800,000 | $1,800,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,500,000 | $1,837,500 | — | — | $1,500,000 | $1,500,000 | ~$30,697 | Partial |
| 2024 | $1,500,000 | $1,837,500 | — | −$60,000 | $1,440,000 | $1,440,000 | $28,538 | Verified |
| 2023 | $1,391,968 | $918,750 | $473,218 | — | $1,391,968 | $1,391,968 | $21,711 | Verified |
| 2022 | $1,100,000 | $918,750 | $181,250 | — | $1,100,000 | $1,100,000 | $21,724 | Verified |
| 2021 | $1,078,677 | $765,625 | $313,052 | — | $1,078,677 | $1,078,677 | $21,767 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +40.0% | +20.0% | 85.7% | Not available | Partial |
| 2025 | +0.0% | +4.2% | ~100% | Not available | Partial |
| 2024 | +7.8% | +3.5% | 96.0% | No billing data | Verified |
| 2023 | +26.5% | +26.5% | ~100% | No billing data | Verified |
| 2022 | +2.0% | +2.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +40.0% | +15.3% | +14.3% | +40.0% | 2026 | +0.0% | 2025 |
| Assessment Ratio | 85.7% | 97.0% | — | 100.0% | 2021 | 85.7% | 2026 |
| 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 |
$30,697 | $24,887 | ~$46,966 | $30,697 | 2025 | $21,711 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,399,302 | ~$1,980,000 | ~2.0139% | ~$39,876 | +14.3% |
| 2028 | ~$2,741,261 | ~$2,178,000 | ~1.9814% | ~$43,155 | +30.5% |
| 2029 | ~$3,131,959 | ~$2,395,800 | ~1.9488% | ~$46,690 | +49.1% |
| 2030 | ~$3,578,340 | ~$2,635,380 | ~1.9163% | ~$50,502 | +70.4% |
| 2031 | ~$4,088,342 | ~$2,898,918 | ~1.8837% | ~$54,608 | +94.7% |
| 2027 | ~$2,357,302 | ~$1,980,000 | ~2.0465% | ~$40,520 | +12.3% |
| 2028 | ~$2,646,129 | ~$2,178,000 | ~2.0465% | ~$44,572 | +26.0% |
| 2029 | ~$2,970,345 | ~$2,395,800 | ~2.0465% | ~$49,030 | +41.4% |
| 2030 | ~$3,334,286 | ~$2,635,380 | ~2.0465% | ~$53,933 | +58.8% |
| 2031 | ~$3,742,818 | ~$2,898,918 | ~2.0465% | ~$59,326 | +78.2% |
| 2027 | ~$2,441,302 | ~$1,980,000 | ~1.9977% | ~$39,554 | +16.3% |
| 2028 | ~$2,838,073 | ~$2,178,000 | ~1.9488% | ~$42,446 | +35.1% |
| 2029 | ~$3,299,330 | ~$2,395,800 | ~1.9000% | ~$45,521 | +57.1% |
| 2030 | ~$3,835,553 | ~$2,635,380 | ~1.8512% | ~$48,786 | +82.6% |
| 2031 | ~$4,458,925 | ~$2,898,918 | ~1.8024% | ~$52,249 | +112.3% |
In 2025, this property's market value of $1,500,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +8% 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 | $1,500,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,391,968 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,100,000 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $1,078,677 | $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 | — |