7216 W STATE HY 71 TX 78735
| Owner | NKMK INCORPORATED |
|---|---|
| Parcel ID | 0406380403 |
| Short ID | 308762 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 1973 |
| Legal | LOT 2 FIRST PROPERTY REALTY SUBD |
| Neighborhood | 48SWE |
| Land | $392,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $392,040 |
| Improvement | $276,208 |
|---|---|
| Total Improvement | $276,208 |
| Market | $668,248 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $668,248 |
| Value Limitation Adjustment (−) (homestead cap) | −$117,783 |
| Net Appraised (assessed) | $550,465 |
| Taxable Value | $550,465 |
|---|
Appreciation: Market value has risen +45.7% from $458,721 (2021) to $668,248 (2025), a CAGR of 9.9% 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 $11,265. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($550,465) is $117,783 below market value, suggesting potential for an upward assessment in future years.
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 59% of market value ($392,040 land vs $276,208 improvements), about $9/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $668,248, 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 +8.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,023,466 by 2031, with an estimated annual tax burden around $19,279. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,450 SF | ✗ |
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 501 | CANOPY | 1,040 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% | $5,092.90 | $5,092.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,884.53 | $2,884.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,068.90 | $2,068.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $649.68 | $649.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $569.18 | $569.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,265.19 | $11,265.19 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,092.90 | 45.2% |
| CAT City of Austin | 0.5240% | $2,884.53 | 25.6% |
| TCO Travis County | 0.3758% | $2,068.90 | 18.4% |
| THD Travis Central Health | 0.1180% | $649.68 | 5.8% |
| ACT Austin Community College | 0.1034% | $569.18 | 5.1% |
| Total | 2.0465% | $11,265.19 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $685,190 | $668,248 | +2.5% |
| Assessed Value | $660,558 | $550,465 | +20.0% |
| Land Value | $392,040 | $392,040 | +0.0% |
| Improvement Value | $293,150 | $276,208 | +6.1% |
| Taxable Value | $660,558 | $550,465 | +20.0% |
| HS Cap Loss | -$24,632 | — | |
| Total Tax 2026 = estimate |
~$13,518
Estimated
|
~$11,265
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $685,190 | $392,040 | $293,150 | −$24,632 | $660,558 | $660,558 | Not yet — post-cert | Preliminary |
| 2025 | $668,248 | $392,040 | $276,208 | −$117,783 | $550,465 | $550,465 | ~$11,265 | Partial |
| 2024 | $458,721 | $392,040 | $66,681 | — | $458,721 | $458,721 | $9,091 | Verified |
| 2023 | $671,992 | $392,040 | $279,952 | — | $671,992 | $671,992 | $8,299 | Verified |
| 2022 | $458,721 | $261,360 | $197,361 | — | $458,721 | $458,721 | $9,059 | Verified |
| 2021 | $458,721 | $261,360 | $197,361 | — | $458,721 | $458,721 | $8,962 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +20.0% | 96.4% | Not available | Partial |
| 2025 | +45.7% | +20.0% | 82.4% | Not available | Partial |
| 2024 | -31.7% | -31.7% | ~100% | No billing data | Verified |
| 2023 | +46.5% | +46.5% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.5% | +12.6% | +8.4% | +46.5% | 2023 | -31.7% | 2024 |
| Assessment Ratio | 96.4% | 96.5% | — | 100.0% | 2021 | 82.4% | 2025 |
| Effective Tax Rate (2025) | 1.6900% | 1.6900% | — | 1.6900% | 2025 | 1.6900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,265 | $9,335 | ~$16,968 | $11,265 | 2025 | $8,299 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$742,444 | ~$726,614 | ~2.0139% | ~$14,634 | +8.4% |
| 2028 | ~$804,481 | ~$799,275 | ~1.9814% | ~$15,837 | +17.4% |
| 2029 | ~$871,703 | ~$871,703 | ~1.9488% | ~$16,988 | +27.2% |
| 2030 | ~$944,541 | ~$944,541 | ~1.9163% | ~$18,100 | +37.9% |
| 2031 | ~$1,023,466 | ~$1,023,466 | ~1.8837% | ~$19,279 | +49.4% |
| 2027 | ~$728,740 | ~$726,614 | ~2.0465% | ~$14,870 | +6.4% |
| 2028 | ~$775,058 | ~$775,058 | ~2.0465% | ~$15,861 | +13.1% |
| 2029 | ~$824,319 | ~$824,319 | ~2.0465% | ~$16,870 | +20.3% |
| 2030 | ~$876,712 | ~$876,712 | ~2.0465% | ~$17,942 | +28.0% |
| 2031 | ~$932,435 | ~$932,435 | ~2.0465% | ~$19,082 | +36.1% |
| 2027 | ~$756,147 | ~$726,614 | ~1.9977% | ~$14,515 | +10.4% |
| 2028 | ~$834,453 | ~$799,275 | ~1.9488% | ~$15,577 | +21.8% |
| 2029 | ~$920,868 | ~$879,203 | ~1.9000% | ~$16,705 | +34.4% |
| 2030 | ~$1,016,232 | ~$967,123 | ~1.8512% | ~$17,903 | +48.3% |
| 2031 | ~$1,121,472 | ~$1,063,835 | ~1.8024% | ~$19,174 | +63.7% |
In 2025, this property's market value of $668,248 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -52% 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 | $668,248 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $458,721 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $671,992 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $458,721 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $458,721 | $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 | — |