2008 TERI RD AUSTIN, TX 78744
| Owner | GROCERS ENTERPRISE INC |
|---|---|
| Parcel ID | 0416001423 |
| Short ID | 760898 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,496 SF |
| Land SF | 14,505 SF |
| Acres | 0.333 |
| Year Built | 1980 |
| Legal | LOT 1 PEPPERTREE PARK COMMERCIAL ADDN |
| Neighborhood | 48SEA |
| Land | $29,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $29,010 |
| Improvement | $295,568 |
|---|---|
| Total Improvement | $295,568 |
| Market | $324,578 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $324,578 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $324,578 |
| Taxable Value | $324,578 |
|---|
Appreciation: Market value has risen +33.0% from $244,076 (2021) to $324,578 (2025), a CAGR of 7.4% over 4 years. This represents moderate, steady growth. 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 $6,642. 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 9% of market value ($29,010 land vs $295,568 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $324,578, 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 +7.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $479,766 by 2031, with an estimated annual tax burden around $9,038. 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 | 11,000 SF | ✗ |
| 1ST | 1st Floor | 2,496 SF | ✓ |
| 501 | CANOPY | 720 SF | ✗ |
| 611 | TERRACE | 240 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% | $3,003.00 | $3,003.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,700.84 | $1,700.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,219.91 | $1,219.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $383.08 | $383.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $335.61 | $335.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,642.44 | $6,642.44 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,003.00 | 45.2% |
| CAT City of Austin | 0.5240% | $1,700.84 | 25.6% |
| TCO Travis County | 0.3758% | $1,219.91 | 18.4% |
| THD Travis Central Health | 0.1180% | $383.08 | 5.8% |
| ACT Austin Community College | 0.1034% | $335.61 | 5.1% |
| Total | 2.0465% | $6,642.44 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $342,198 | $324,578 | +5.4% |
| Assessed Value | $342,198 | $324,578 | +5.4% |
| Land Value | $29,010 | $29,010 | +0.0% |
| Improvement Value | $313,188 | $295,568 | +6.0% |
| Taxable Value | $342,198 | $324,578 | +5.4% |
| Total Tax 2026 = estimate |
~$7,003
Estimated
|
~$6,642
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $342,198 | $29,010 | $313,188 | — | $342,198 | $342,198 | Not yet — post-cert | Preliminary |
| 2025 | $324,578 | $29,010 | $295,568 | — | $324,578 | $324,578 | ~$6,642 | Partial |
| 2024 | $323,767 | $29,010 | $294,757 | — | $323,767 | $323,767 | $5,967 | Verified |
| 2023 | $328,472 | $29,010 | $299,462 | — | $328,472 | $328,472 | $5,337 | Verified |
| 2022 | $244,076 | $29,010 | $215,066 | — | $244,076 | $244,076 | $4,770 | Verified |
| 2021 | $244,076 | $29,010 | $215,066 | — | $244,076 | $244,076 | $5,242 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | -1.4% | -1.4% | ~100% | No billing data | Verified |
| 2023 | +34.6% | +34.6% | ~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): +33.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.4% | +7.8% | +7.0% | +34.6% | 2023 | -1.4% | 2024 |
| 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 |
$6,642 | $5,592 | ~$8,187 | $6,642 | 2025 | $4,770 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$366,124 | ~$366,124 | ~2.0139% | ~$7,374 | +7.0% |
| 2028 | ~$391,722 | ~$391,722 | ~1.9814% | ~$7,762 | +14.5% |
| 2029 | ~$419,111 | ~$419,111 | ~1.9488% | ~$8,168 | +22.5% |
| 2030 | ~$448,414 | ~$448,414 | ~1.9163% | ~$8,593 | +31.0% |
| 2031 | ~$479,766 | ~$479,766 | ~1.8837% | ~$9,038 | +40.2% |
| 2027 | ~$359,280 | ~$359,280 | ~2.0465% | ~$7,353 | +5.0% |
| 2028 | ~$377,214 | ~$377,214 | ~2.0465% | ~$7,720 | +10.2% |
| 2029 | ~$396,044 | ~$396,044 | ~2.0465% | ~$8,105 | +15.7% |
| 2030 | ~$415,814 | ~$415,814 | ~2.0465% | ~$8,510 | +21.5% |
| 2031 | ~$436,570 | ~$436,570 | ~2.0465% | ~$8,934 | +27.6% |
| 2027 | ~$372,968 | ~$372,968 | ~1.9977% | ~$7,451 | +9.0% |
| 2028 | ~$406,504 | ~$406,504 | ~1.9488% | ~$7,922 | +18.8% |
| 2029 | ~$443,056 | ~$443,056 | ~1.9000% | ~$8,418 | +29.5% |
| 2030 | ~$482,895 | ~$482,895 | ~1.8512% | ~$8,939 | +41.1% |
| 2031 | ~$526,316 | ~$526,316 | ~1.8024% | ~$9,486 | +53.8% |
In 2025, this property's market value of $324,578 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -77% 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 | $324,578 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $323,767 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $328,472 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $244,076 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $244,076 | $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 | — |