2429 BASTROP HWY TX 78617
| Owner | KEY TO HOSPITALITY LLC |
|---|---|
| Parcel ID | 0314300110 |
| Short ID | 291971 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 2,740 SF |
| Land SF | 38,779 SF |
| Acres | 0.890 |
| Year Built | 1970 |
| Legal | LOT A C F R ADDN |
| Neighborhood | 31SEA |
| Land | $775,580 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $775,580 |
| Improvement | $38,308 |
|---|---|
| Total Improvement | $38,308 |
| Market | $813,888 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $813,888 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $813,888 |
| Taxable Value | $813,888 |
|---|
Appreciation: Market value has fallen -2.1% from $831,640 (2021) to $813,888 (2025), a CAGR of -0.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $16,849. 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 95% of market value ($775,580 land vs $38,308 improvements), about $20/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 $813,888, 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 -0.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $801,893 by 2031, with an estimated annual tax burden around $14,127. 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 | 7,000 SF | ✗ |
| 1ST | 1st Floor | 2,740 SF | ✓ |
| 611 | TERRACE | 1,648 SF | ✗ |
| 501 | CANOPY | 72 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% | $7,591.20 | $7,591.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,192.14 | $4,192.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,006.76 | $3,006.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $944.18 | $944.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $827.20 | $827.20 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $16,561.48 | $16,561.48 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $7,591.20 | 45.8% |
| CAT City of Austin | 0.5240% | $4,192.14 | 25.3% |
| TCO Travis County | 0.3758% | $3,006.76 | 18.2% |
| THD Travis Central Health | 0.1180% | $944.18 | 5.7% |
| ACT Austin Community College | 0.1034% | $827.20 | 5.0% |
| Total | 2.0702% | $16,561.48 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $816,631 | $813,888 | +0.3% |
| Assessed Value | $816,631 | $813,888 | +0.3% |
| Land Value | $775,580 | $775,580 | +0.0% |
| Improvement Value | $41,051 | $38,308 | +7.2% |
| Taxable Value | $816,631 | $813,888 | +0.3% |
| Total Tax 2026 = estimate |
~$16,906
Estimated
|
~$16,561
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $816,631 | $775,580 | $41,051 | — | $816,631 | $816,631 | Not yet — post-cert | Preliminary |
| 2025 | $813,888 | $775,580 | $38,308 | — | $813,888 | $813,888 | ~$16,561 | Partial |
| 2024 | $851,819 | $775,580 | $76,239 | — | $851,819 | $851,819 | $17,277 | Verified |
| 2023 | $854,739 | $775,580 | $79,159 | — | $854,739 | $854,739 | $16,689 | Verified |
| 2022 | $832,341 | $775,580 | $56,761 | — | $832,341 | $832,341 | $18,003 | Verified |
| 2021 | $831,640 | $775,580 | $56,060 | — | $831,640 | $831,640 | $19,269 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | No billing data | Verified |
| 2023 | +2.7% | +2.7% | ~100% | No billing data | Verified |
| 2022 | +0.1% | +0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | -0.3% | -0.4% | +2.7% | 2023 | -4.5% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,561 | $17,560 | ~$15,231 | $19,269 | 2021 | $16,561 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$813,662 | ~$813,662 | ~2.0085% | ~$16,342 | -0.4% |
| 2028 | ~$810,704 | ~$810,704 | ~1.9468% | ~$15,783 | -0.7% |
| 2029 | ~$807,756 | ~$807,756 | ~1.8851% | ~$15,227 | -1.1% |
| 2030 | ~$804,819 | ~$804,819 | ~1.8234% | ~$14,675 | -1.4% |
| 2031 | ~$801,893 | ~$801,893 | ~1.7617% | ~$14,127 | -1.8% |
| 2027 | ~$797,329 | ~$797,329 | ~2.0702% | ~$16,506 | -2.4% |
| 2028 | ~$778,484 | ~$778,484 | ~2.0702% | ~$16,116 | -4.7% |
| 2029 | ~$760,084 | ~$760,084 | ~2.0702% | ~$15,735 | -6.9% |
| 2030 | ~$742,118 | ~$742,118 | ~2.0702% | ~$15,363 | -9.1% |
| 2031 | ~$724,578 | ~$724,578 | ~2.0702% | ~$15,000 | -11.3% |
| 2027 | ~$829,994 | ~$829,994 | ~1.9776% | ~$16,414 | +1.6% |
| 2028 | ~$843,577 | ~$843,577 | ~1.8851% | ~$15,902 | +3.3% |
| 2029 | ~$857,381 | ~$857,381 | ~1.7925% | ~$15,369 | +5.0% |
| 2030 | ~$871,411 | ~$871,411 | ~1.7000% | ~$14,814 | +6.7% |
| 2031 | ~$885,671 | ~$885,671 | ~1.6074% | ~$14,237 | +8.5% |
In 2025, this property's market value of $813,888 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -41% 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 | $813,888 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $851,819 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $854,739 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $832,341 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $831,640 | $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 | — |