1702 1/2 OLTORF ST 78741
| Owner | OLTORF ST 1616 AUSTIN LLC |
|---|---|
| Parcel ID | 0305031127 |
| Short ID | 952594 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 5,130 SF |
| Land SF | 36,869 SF |
| Acres | 0.846 |
| Year Built | 2020 |
| Legal | LOT 2 GRAY & BECKER ADDN RSB OF LOT A OF RSB LOT 2 |
| Neighborhood | CEN |
| Land | $737,380 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $737,380 |
| Improvement | $2,962,620 |
|---|---|
| Total Improvement | $2,962,620 |
| Market | $3,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,700,000 |
| Taxable Value | $3,700,000 |
|---|
Appreciation: Market value has risen +148.1% from $1,491,542 (2022) to $3,700,000 (2025), a CAGR of 35.4% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 +16.2%, 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 $75,720. 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 20% of market value ($737,380 land vs $2,962,620 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,700,000, 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 +28.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,736,201 by 2031, with an estimated annual tax burden around $121,386. 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 | 26,909 SF | ✗ |
| 1ST | 1st Floor | 5,130 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% | $34,232.40 | $34,232.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,388.63 | $19,388.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,906.27 | $13,906.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,366.85 | $4,366.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,825.80 | $3,825.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $75,719.95 | $75,719.95 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $34,232.40 | 45.2% |
| CAT City of Austin | 0.5240% | $19,388.63 | 25.6% |
| TCO Travis County | 0.3758% | $13,906.27 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,366.85 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,825.80 | 5.1% |
| Total | 2.0465% | $75,719.95 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,001,130 | $3,700,000 | +8.1% |
| Assessed Value | $4,001,130 | $3,700,000 | +8.1% |
| Land Value | $737,380 | $737,380 | +0.0% |
| Improvement Value | $3,263,750 | $2,962,620 | +10.2% |
| Taxable Value | $4,001,130 | $3,700,000 | +8.1% |
| Total Tax 2026 = estimate |
~$81,883
Estimated
|
~$75,720
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,001,130 | $737,380 | $3,263,750 | — | $4,001,130 | $4,001,130 | Not yet — post-cert | Preliminary |
| 2025 | $3,700,000 | $737,380 | $2,962,620 | — | $3,700,000 | $3,700,000 | ~$75,720 | Partial |
| 2024 | $3,700,000 | $737,380 | $2,962,620 | — | $3,700,000 | $3,700,000 | $73,327 | Verified |
| 2023 | $3,615,000 | $737,380 | $2,877,620 | — | $3,615,000 | $3,615,000 | $53,344 | Verified |
| 2022 | $1,491,542 | $737,380 | $754,162 | — | $1,491,542 | $1,491,542 | $29,457 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +2.4% | +2.4% | ~100% | No billing data | Verified |
| 2023 | +142.4% ! | +142.4% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +148.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.1% | +38.2% | +28.0% | +142.4% | 2023 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| 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 |
$75,720 | $57,962 | ~$104,399 | $75,720 | 2025 | $29,457 | 2022 |
Market value changed by 142% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,120,584 | ~$4,401,243 | ~2.0139% | ~$88,638 | +28.0% |
| 2028 | ~$6,553,243 | ~$4,841,367 | ~1.9814% | ~$95,926 | +63.8% |
| 2029 | ~$8,386,737 | ~$5,325,504 | ~1.9488% | ~$103,786 | +109.6% |
| 2030 | ~$10,733,215 | ~$5,858,054 | ~1.9163% | ~$112,257 | +168.3% |
| 2031 | ~$13,736,201 | ~$6,443,860 | ~1.8837% | ~$121,386 | +243.3% |
| 2027 | ~$5,040,561 | ~$4,401,243 | ~2.0465% | ~$90,071 | +26.0% |
| 2028 | ~$6,350,020 | ~$4,841,367 | ~2.0465% | ~$99,078 | +58.7% |
| 2029 | ~$7,999,656 | ~$5,325,504 | ~2.0465% | ~$108,986 | +99.9% |
| 2030 | ~$10,077,841 | ~$5,858,054 | ~2.0465% | ~$119,884 | +151.9% |
| 2031 | ~$12,695,906 | ~$6,443,860 | ~2.0465% | ~$131,873 | +217.3% |
| 2027 | ~$5,200,606 | ~$4,401,243 | ~1.9977% | ~$87,922 | +30.0% |
| 2028 | ~$6,759,666 | ~$4,841,367 | ~1.9488% | ~$94,350 | +68.9% |
| 2029 | ~$8,786,109 | ~$5,325,504 | ~1.9000% | ~$101,185 | +119.6% |
| 2030 | ~$11,420,046 | ~$5,858,054 | ~1.8512% | ~$108,444 | +185.4% |
| 2031 | ~$14,843,598 | ~$6,443,860 | ~1.8024% | ~$116,142 | +271.0% |
In 2025, this property's market value of $3,700,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +168% 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 | $3,700,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $3,700,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $3,615,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $1,491,542 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 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 | 2022–2024 | 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 | 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 | — |