2320 S INTERSTATE HY 35 TX 78704
| Owner | LAFREEDA FAMILY PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0307020104 |
| Short ID | 287447 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,940 SF |
| Land SF | 37,430 SF |
| Acres | 0.859 |
| Year Built | 1974 |
| Legal | LOT 4 OLTORF VILLAGE SEC 1 |
| Neighborhood | 32CEN |
| Land | $3,743,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,743,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,357,650 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,357,650 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,357,650 |
| Taxable Value | $2,357,650 |
|---|
Appreciation: Market value has risen +23.9% from $1,903,391 (2021) to $2,357,650 (2025), a CAGR of 5.5% over 4 years. This represents moderate, steady growth. 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 +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 $48,249. 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 159% of market value ($3,743,000 land vs $0 improvements), about $100/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 $2,357,650, 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 +15.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,835,831 by 2031, with an estimated annual tax burden around $85,831. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 1ST | 1st Floor | 4,940 SF | ✓ |
| 501 | CANOPY | 2,461 SF | ✗ |
| 611 | TERRACE | 610 SF | ✗ |
| 327 | STORAGE COMM'L | 128 SF | ✓ |
| 482 | LIGHT POLES | 3 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% | $21,812.98 | $21,812.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,354.49 | $12,354.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,861.11 | $8,861.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,782.57 | $2,782.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,437.81 | $2,437.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,248.96 | $48,248.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $21,812.98 | 45.2% |
| CAT City of Austin | 0.5240% | $12,354.49 | 25.6% |
| TCO Travis County | 0.3758% | $8,861.11 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,782.57 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,437.81 | 5.1% |
| Total | 2.0465% | $48,248.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,861,949 | $2,357,650 | +63.8% |
| Assessed Value | $2,829,180 | $2,357,650 | +20.0% |
| Land Value | $3,743,000 | $3,743,000 | +0.0% |
| Improvement Value | $118,949 | — | — |
| Taxable Value | $2,829,180 | $2,357,650 | +20.0% |
| HS Cap Loss | -$1,032,769 | — | |
| Total Tax 2026 = estimate |
~$57,899
Estimated
|
~$48,249
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,861,949 | $3,743,000 | $118,949 | −$1,032,769 | $2,829,180 | $2,829,180 | Not yet — post-cert | Preliminary |
| 2025 | $2,357,650 | $3,743,000 | — | — | $2,357,650 | $2,357,650 | ~$48,249 | Partial |
| 2024 | $3,935,931 | $3,743,000 | $192,931 | — | $3,935,931 | $3,935,931 | $78,003 | Verified |
| 2023 | $3,975,580 | $3,743,000 | $232,580 | — | $3,975,580 | $3,975,580 | $63,050 | Verified |
| 2022 | $1,847,000 | $860,890 | $986,110 | — | $1,847,000 | $1,847,000 | $36,477 | Verified |
| 2021 | $1,903,391 | $860,890 | $1,042,501 | — | $1,903,391 | $1,903,391 | $41,431 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.8% | +20.0% | 73.3% | Not available | Partial |
| 2025 | -40.1% | -40.1% | ~100% | Not available | Partial |
| 2024 | -1.0% | -1.0% | ~100% | No billing data | Verified |
| 2023 | +115.2% ! | +115.2% | ~100% | No billing data | Verified |
| 2022 | -3.0% | -3.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +63.8% | +27.0% | +15.2% | +115.2% | 2023 | -40.1% | 2025 |
| Assessment Ratio | 73.3% | 95.5% | — | 100.0% | 2021 | 73.3% | 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 |
$48,249 | $53,442 | ~$73,820 | $78,003 | 2024 | $36,477 | 2022 |
Market value changed by 115% 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 | ~$4,448,998 | ~$3,112,098 | ~2.0139% | ~$62,676 | +15.2% |
| 2028 | ~$5,125,284 | ~$3,423,308 | ~1.9814% | ~$67,829 | +32.7% |
| 2029 | ~$5,904,371 | ~$3,765,639 | ~1.9488% | ~$73,386 | +52.9% |
| 2030 | ~$6,801,886 | ~$4,142,202 | ~1.9163% | ~$79,377 | +76.1% |
| 2031 | ~$7,835,831 | ~$4,556,423 | ~1.8837% | ~$85,831 | +102.9% |
| 2027 | ~$4,371,759 | ~$3,112,098 | ~2.0465% | ~$63,689 | +13.2% |
| 2028 | ~$4,948,869 | ~$3,423,308 | ~2.0465% | ~$70,057 | +28.1% |
| 2029 | ~$5,602,162 | ~$3,765,639 | ~2.0465% | ~$77,063 | +45.1% |
| 2030 | ~$6,341,695 | ~$4,142,202 | ~2.0465% | ~$84,770 | +64.2% |
| 2031 | ~$7,178,853 | ~$4,556,423 | ~2.0465% | ~$93,247 | +85.9% |
| 2027 | ~$4,526,237 | ~$3,112,098 | ~1.9977% | ~$62,169 | +17.2% |
| 2028 | ~$5,304,789 | ~$3,423,308 | ~1.9488% | ~$66,715 | +37.4% |
| 2029 | ~$6,217,258 | ~$3,765,639 | ~1.9000% | ~$71,548 | +61.0% |
| 2030 | ~$7,286,679 | ~$4,142,202 | ~1.8512% | ~$76,680 | +88.7% |
| 2031 | ~$8,540,051 | ~$4,556,423 | ~1.8024% | ~$82,124 | +121.1% |
In 2025, this property's market value of $2,357,650 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +70% 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 | $2,357,650 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $3,935,931 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $3,975,580 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $1,847,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,903,391 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 | — |