2406 S U S HY 183 B TX 78744
| Owner | CORNEJO ESBEYDE V |
|---|---|
| Parcel ID | 0314200102 |
| Short ID | 291912 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,155 SF |
| Land SF | 35,027 SF |
| Acres | 0.804 |
| Year Built | 1985 |
| Legal | LOT 2 LOCKHART HIGHWAY SUBD |
| Neighborhood | 32SEA |
| Land | $87,567 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $87,567 |
| Improvement | $342,812 |
|---|---|
| Total Improvement | $342,812 |
| Market | $430,379 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $430,379 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $430,379 |
| Taxable Value | $430,379 |
|---|
Appreciation: Market value has risen +11.7% from $385,134 (2021) to $430,379 (2025), a CAGR of 2.8% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,910. Del Valle ISD is the largest single contributor, at 45.8% 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 ($87,567 land vs $342,812 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $430,379, this parcel sits in the bottom quartile (<25th 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 +2.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $480,939 by 2031, with an estimated annual tax burden around $8,473. 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 | 3,500 SF | ✗ |
| 1ST | 1st Floor | 1,155 SF | ✓ |
| 501 | CANOPY | 1,137 SF | ✗ |
| 611 | TERRACE | 1,137 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $4,083.87 | $4,083.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,255.26 | $2,255.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,617.56 | $1,617.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $507.95 | $507.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $445.01 | $445.01 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $8,909.65 | $8,909.65 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $4,083.87 | 45.8% |
| CAT City of Austin | 0.5240% | $2,255.26 | 25.3% |
| TCO Travis County | 0.3758% | $1,617.56 | 18.2% |
| THD Travis Central Health | 0.1180% | $507.95 | 5.7% |
| ACT Austin Community College | 0.1034% | $445.01 | 5.0% |
| Total | 2.0702% | $8,909.65 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $430,379 | $430,379 | +0.0% |
| Assessed Value | $430,379 | $430,379 | +0.0% |
| Land Value | $87,567 | $87,567 | +0.0% |
| Improvement Value | $342,812 | $342,812 | +0.0% |
| Taxable Value | $430,379 | $430,379 | +0.0% |
| Total Tax 2026 = estimate |
~$8,910
Estimated
|
~$8,910
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $430,379 | $87,567 | $342,812 | — | $430,379 | $430,379 | Not yet — post-cert | Preliminary |
| 2025 | $430,379 | $87,567 | $342,812 | — | $430,379 | $430,379 | ~$8,910 | Partial |
| 2024 | $453,761 | $87,567 | $366,194 | — | $453,761 | $453,761 | $9,203 | Verified |
| 2023 | $439,969 | $87,567 | $352,402 | — | $439,969 | $439,969 | $8,591 | Verified |
| 2022 | $410,428 | $87,567 | $322,861 | — | $410,428 | $410,428 | $8,877 | Verified |
| 2021 | $385,134 | $87,567 | $297,567 | — | $385,134 | $385,134 | $8,923 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | No billing data | Verified |
| 2023 | +7.2% | +7.2% | ~100% | No billing data | Verified |
| 2022 | +6.6% | +6.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.3% | +2.2% | +7.2% | 2023 | -5.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,910 | $8,901 | ~$8,664 | $9,203 | 2024 | $8,591 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$440,047 | ~$440,047 | ~2.0085% | ~$8,838 | +2.2% |
| 2028 | ~$449,932 | ~$449,932 | ~1.9468% | ~$8,759 | +4.5% |
| 2029 | ~$460,039 | ~$460,039 | ~1.8851% | ~$8,672 | +6.9% |
| 2030 | ~$470,373 | ~$470,373 | ~1.8234% | ~$8,577 | +9.3% |
| 2031 | ~$480,939 | ~$480,939 | ~1.7617% | ~$8,473 | +11.7% |
| 2027 | ~$431,439 | ~$431,439 | ~2.0702% | ~$8,932 | +0.2% |
| 2028 | ~$432,502 | ~$432,502 | ~2.0702% | ~$8,954 | +0.5% |
| 2029 | ~$433,568 | ~$433,568 | ~2.0702% | ~$8,976 | +0.7% |
| 2030 | ~$434,636 | ~$434,636 | ~2.0702% | ~$8,998 | +1.0% |
| 2031 | ~$435,707 | ~$435,707 | ~2.0702% | ~$9,020 | +1.2% |
| 2027 | ~$448,654 | ~$448,654 | ~1.9776% | ~$8,873 | +4.2% |
| 2028 | ~$467,706 | ~$467,706 | ~1.8851% | ~$8,817 | +8.7% |
| 2029 | ~$487,566 | ~$487,566 | ~1.7925% | ~$8,740 | +13.3% |
| 2030 | ~$508,270 | ~$508,270 | ~1.7000% | ~$8,641 | +18.1% |
| 2031 | ~$529,853 | ~$529,853 | ~1.6074% | ~$8,517 | +23.1% |
In 2025, this property's market value of $430,379 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -69% 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 | $430,379 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $453,761 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $439,969 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $410,428 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $385,134 | $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 | — |