7010 W STATE HY 71 TX 78735
| Owner | KIMCO AUSTIN L P |
|---|---|
| Parcel ID | 0408380202 |
| Short ID | 311850 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 158,255 SF |
| Land SF | 518,712 SF |
| Acres | 11.908 |
| Year Built | 1985 |
| Legal | LOT 1 BLK A CENTER OF THE HILLS SUBD |
| Neighborhood | 42SWE |
| Land | $10,374,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,374,240 |
| Improvement | $9,525,760 |
|---|---|
| Total Improvement | $9,525,760 |
| Market | $19,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,900,000 |
| Taxable Value | $19,900,000 |
|---|
Appreciation: Market value has risen +5.9% from $18,796,000 (2021) to $19,900,000 (2025), a CAGR of 1.4% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $407,251. 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 52% of market value ($10,374,240 land vs $9,525,760 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $19,900,000, this parcel sits in the top quartile (≥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 +1.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $21,986,064 by 2031, with an estimated annual tax burden around $414,161. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 328,780 SF | ✗ |
| 1ST | 1st Floor | 144,219 SF | ✓ |
| 491 | SPRINKLER HEADS | 64,893 SF | ✗ |
| 2ND | 2nd Floor | 14,036 SF | ✓ |
| 611 | TERRACE | 12,138 SF | ✗ |
| 501 | CANOPY | 11,182 SF | ✗ |
| 408 | LOADING RAMP | 2,625 SF | ✓ |
| 273 | COLDSTG VAULT SM | 48 SF | ✓ |
| 482 | LIGHT POLES | 9 SF | ✓ |
| MISC | Miscellaneous | 6 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% | $184,114.80 | $184,114.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $104,279.38 | $104,279.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $74,793.16 | $74,793.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $23,486.58 | $23,486.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $20,576.60 | $20,576.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $407,250.52 | $407,250.52 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $184,114.80 | 45.2% |
| CAT City of Austin | 0.5240% | $104,279.38 | 25.6% |
| TCO Travis County | 0.3758% | $74,793.16 | 18.4% |
| THD Travis Central Health | 0.1180% | $23,486.58 | 5.8% |
| ACT Austin Community College | 0.1034% | $20,576.60 | 5.1% |
| Total | 2.0465% | $407,250.52 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,328,553 | $19,900,000 | +2.2% |
| Assessed Value | $20,328,553 | $19,900,000 | +2.2% |
| Land Value | $10,374,240 | $10,374,240 | +0.0% |
| Improvement Value | $9,954,313 | $9,525,760 | +4.5% |
| Taxable Value | $20,328,553 | $19,900,000 | +2.2% |
| Total Tax 2026 = estimate |
~$416,021
Estimated
|
~$407,251
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $20,328,553 | $10,374,240 | $9,954,313 | — | $20,328,553 | $20,328,553 | Not yet — post-cert | Preliminary |
| 2025 | $19,900,000 | $10,374,240 | $9,525,760 | — | $19,900,000 | $19,900,000 | ~$407,251 | Partial |
| 2024 | $12,575,910 | $10,374,240 | $2,201,670 | — | $12,575,910 | $12,575,910 | $249,231 | Verified |
| 2023 | $13,850,994 | $10,374,240 | $3,476,754 | — | $13,850,994 | $13,850,994 | $236,041 | Verified |
| 2022 | $18,410,533 | $7,780,680 | $10,629,853 | — | $18,410,533 | $18,410,533 | $350,263 | Verified |
| 2021 | $18,796,000 | $7,780,680 | $11,015,320 | — | $18,796,000 | $18,796,000 | $409,129 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.2% | +2.2% | ~100% | Not available | Partial |
| 2025 | +58.2% | +58.2% | ~100% | Not available | Partial |
| 2024 | -9.2% | -9.2% | ~100% | No billing data | Verified |
| 2023 | -24.8% | -24.8% | ~100% | No billing data | Verified |
| 2022 | -2.1% | -2.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | +4.9% | +1.6% | +58.2% | 2025 | -24.8% | 2023 |
| 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 |
$407,251 | $330,383 | ~$415,132 | $409,129 | 2021 | $236,041 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$20,649,744 | ~$20,649,744 | ~2.0139% | ~$415,873 | +1.6% |
| 2028 | ~$20,976,010 | ~$20,976,010 | ~1.9814% | ~$415,616 | +3.2% |
| 2029 | ~$21,307,431 | ~$21,307,431 | ~1.9488% | ~$415,248 | +4.8% |
| 2030 | ~$21,644,088 | ~$21,644,088 | ~1.9163% | ~$414,764 | +6.5% |
| 2031 | ~$21,986,064 | ~$21,986,064 | ~1.8837% | ~$414,161 | +8.2% |
| 2027 | ~$20,243,173 | ~$20,243,173 | ~2.0465% | ~$414,273 | -0.4% |
| 2028 | ~$20,158,152 | ~$20,158,152 | ~2.0465% | ~$412,534 | -0.8% |
| 2029 | ~$20,073,487 | ~$20,073,487 | ~2.0465% | ~$410,801 | -1.3% |
| 2030 | ~$19,989,178 | ~$19,989,178 | ~2.0465% | ~$409,076 | -1.7% |
| 2031 | ~$19,905,224 | ~$19,905,224 | ~2.0465% | ~$407,357 | -2.1% |
| 2027 | ~$21,056,315 | ~$21,056,315 | ~1.9977% | ~$420,634 | +3.6% |
| 2028 | ~$21,810,131 | ~$21,810,131 | ~1.9488% | ~$425,044 | +7.3% |
| 2029 | ~$22,590,934 | ~$22,590,934 | ~1.9000% | ~$429,232 | +11.1% |
| 2030 | ~$23,399,689 | ~$23,399,689 | ~1.8512% | ~$433,174 | +15.1% |
| 2031 | ~$24,237,398 | ~$24,237,398 | ~1.8024% | ~$436,848 | +19.2% |
In 2025, this property's market value of $19,900,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 14× 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 | $19,900,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $12,575,910 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $13,850,994 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $18,410,533 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $18,796,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 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 | — |