2620 S INTERSTATE HY 35 TX 78704
| Owner | HIGHWAY 35 2620 PLAZAS LLC |
|---|---|
| Parcel ID | 0307020112 |
| Short ID | 287451 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,555 SF |
| Land SF | 15,363 SF |
| Acres | 0.353 |
| Year Built | 1970 |
| Legal | LOT 3C *RESUB OF LTS A&B OLTORF VILLAGE SEC 2 & LT 1 OLTORF VILLAGE SEC 1 |
| Neighborhood | 20CEN |
| Land | $1,536,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,536,300 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,055,152 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,055,152 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,055,152 |
| Taxable Value | $1,055,152 |
|---|
Appreciation: Market value has risen +175.3% from $383,224 (2021) to $1,055,152 (2025), a CAGR of 28.8% over 4 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 +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 $21,594. 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 146% of market value ($1,536,300 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~56-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 $1,055,152, this parcel sits in the lower-middle (25th–50th 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 +33.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,765,727 by 2031, with an estimated annual tax burden around $48,850. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,500 SF | ✗ |
| 1ST | 1st Floor | 2,555 SF | ✓ |
| 511 | DECK | 162 SF | ✗ |
| 611 | TERRACE | 56 SF | ✗ |
| 501 | CANOPY | 21 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% | $9,762.27 | $9,762.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,529.18 | $5,529.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,965.74 | $3,965.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,245.32 | $1,245.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,091.03 | $1,091.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,593.54 | $21,593.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,762.27 | 45.2% |
| CAT City of Austin | 0.5240% | $5,529.18 | 25.6% |
| TCO Travis County | 0.3758% | $3,965.74 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,245.32 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,091.03 | 5.1% |
| Total | 2.0465% | $21,593.54 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,610,214 | $1,055,152 | +52.6% |
| Assessed Value | $1,610,214 | $1,055,152 | +52.6% |
| Land Value | $1,536,300 | $1,536,300 | +0.0% |
| Improvement Value | $73,914 | — | — |
| Taxable Value | $1,610,214 | $1,055,152 | +52.6% |
| Total Tax 2026 = estimate |
~$32,953
Estimated
|
~$21,594
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,610,214 | $1,536,300 | $73,914 | — | $1,610,214 | $1,610,214 | Not yet — post-cert | Preliminary |
| 2025 | $1,055,152 | $1,536,300 | — | — | $1,055,152 | $1,055,152 | ~$21,594 | Partial |
| 2024 | $1,100,000 | $1,601,600 | — | — | $1,100,000 | $1,100,000 | $21,284 | Verified |
| 2023 | $1,100,000 | $1,601,600 | — | — | $1,100,000 | $1,100,000 | $19,902 | Verified |
| 2022 | $420,292 | $368,368 | $51,924 | — | $420,292 | $420,292 | $7,568 | Verified |
| 2021 | $383,224 | $368,368 | $14,856 | — | $383,224 | $383,224 | $8,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +52.6% | +52.6% | ~100% | Not available | Partial |
| 2025 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +161.7% ! | +161.7% | ~100% | No billing data | Verified |
| 2022 | +9.7% | +9.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +175.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +52.6% | +44.0% | +33.3% | +161.7% | 2023 | -4.1% | 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 |
$21,594 | $15,738 | ~$42,014 | $21,594 | 2025 | $7,568 | 2022 |
Market value changed by 162% 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 | ~$2,145,704 | ~$1,771,235 | ~2.0139% | ~$35,672 | +33.3% |
| 2028 | ~$2,859,275 | ~$1,948,359 | ~1.9814% | ~$38,605 | +77.6% |
| 2029 | ~$3,810,151 | ~$2,143,195 | ~1.9488% | ~$41,767 | +136.6% |
| 2030 | ~$5,077,247 | ~$2,357,514 | ~1.9163% | ~$45,177 | +215.3% |
| 2031 | ~$6,765,727 | ~$2,593,266 | ~1.8837% | ~$48,850 | +320.2% |
| 2027 | ~$2,113,500 | ~$1,771,235 | ~2.0465% | ~$36,248 | +31.3% |
| 2028 | ~$2,774,091 | ~$1,948,359 | ~2.0465% | ~$39,873 | +72.3% |
| 2029 | ~$3,641,156 | ~$2,143,195 | ~2.0465% | ~$43,860 | +126.1% |
| 2030 | ~$4,779,229 | ~$2,357,514 | ~2.0465% | ~$48,246 | +196.8% |
| 2031 | ~$6,273,016 | ~$2,593,266 | ~2.0465% | ~$53,071 | +289.6% |
| 2027 | ~$2,177,908 | ~$1,771,235 | ~1.9977% | ~$35,383 | +35.3% |
| 2028 | ~$2,945,747 | ~$1,948,359 | ~1.9488% | ~$37,970 | +82.9% |
| 2029 | ~$3,984,295 | ~$2,143,195 | ~1.9000% | ~$40,721 | +147.4% |
| 2030 | ~$5,388,991 | ~$2,357,514 | ~1.8512% | ~$43,642 | +234.7% |
| 2031 | ~$7,288,923 | ~$2,593,266 | ~1.8024% | ~$46,740 | +352.7% |
In 2025, this property's market value of $1,055,152 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -24% below 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 | $1,055,152 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,100,000 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,100,000 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $420,292 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $383,224 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |