901 LITTLE TEXAS LN TX 78745
| Owner | ACT III INNER LOOP THEATRES INC |
|---|---|
| Parcel ID | 0420050213 |
| Short ID | 447208 |
| Type | Real |
| Use Code | 90 Theater |
| Valuation | Income |
| Improvement SF | 58,776 SF |
| Land SF | 638,024 SF |
| Acres | 14.647 |
| Year Built | 1998 |
| Legal | LOT 1 BLK B STASSNEY HEIGHTS SOUTH SEC 2 |
| Neighborhood | 90SOU |
| Land | $7,177,770 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,177,770 |
| Improvement | $2,822,230 |
|---|---|
| Total Improvement | $2,822,230 |
| Market | $10,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,000,000 |
| Taxable Value | $10,000,000 |
|---|
Appreciation: Market value has risen +63.9% from $6,100,000 (2021) to $10,000,000 (2025), a CAGR of 13.2% 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 $204,648. 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 72% of market value ($7,177,770 land vs $2,822,230 improvements), about $11/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $10,000,000, 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 +20.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $40,259,087 by 2031, with an estimated annual tax burden around $475,425. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 200,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 74,605 SF | ✗ |
| 1ST | 1st Floor | 58,776 SF | ✓ |
| LOBBY | Lobby | 7,957 SF | ✓ |
| MEZZ | Mezzanine | 7,872 SF | ✓ |
| 501 | CANOPY | 2,810 SF | ✗ |
| 482 | LIGHT POLES | 53 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% | $92,520.00 | $92,520.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $52,401.70 | $52,401.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $37,584.50 | $37,584.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,802.30 | $11,802.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,340.00 | $10,340.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $204,648.50 | $204,648.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $92,520.00 | 45.2% |
| CAT City of Austin | 0.5240% | $52,401.70 | 25.6% |
| TCO Travis County | 0.3758% | $37,584.50 | 18.4% |
| THD Travis Central Health | 0.1180% | $11,802.30 | 5.8% |
| ACT Austin Community College | 0.1034% | $10,340.00 | 5.1% |
| Total | 2.0465% | $204,648.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,671,006 | $10,000,000 | +56.7% |
| Assessed Value | $15,671,006 | $10,000,000 | +56.7% |
| Land Value | $7,177,770 | $7,177,770 | +0.0% |
| Improvement Value | $8,493,236 | $2,822,230 | +200.9% |
| Taxable Value | $15,671,006 | $10,000,000 | +56.7% |
| Total Tax 2026 = estimate |
~$320,705
Estimated
|
~$204,648
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $15,671,006 | $7,177,770 | $8,493,236 | — | $15,671,006 | $15,671,006 | Not yet — post-cert | Preliminary |
| 2025 | $10,000,000 | $7,177,770 | $2,822,230 | — | $10,000,000 | $10,000,000 | ~$204,648 | Partial |
| 2024 | $12,000,000 | $7,177,770 | $4,822,230 | — | $12,000,000 | $12,000,000 | $237,818 | Verified |
| 2023 | $16,994,393 | $9,570,360 | $7,424,033 | — | $16,994,393 | $16,994,393 | $180,925 | Verified |
| 2022 | $6,100,000 | $6,380,240 | — | — | $6,100,000 | $6,100,000 | $120,470 | Verified |
| 2021 | $6,100,000 | $3,609,164 | $2,490,836 | — | $6,100,000 | $6,100,000 | $132,777 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +56.7% | +56.7% | ~100% | Not available | Partial |
| 2025 | -16.7% | -16.7% | ~100% | Not available | Partial |
| 2024 | -29.4% | -29.4% | ~100% | No billing data | Verified |
| 2023 | +178.6% ! | +178.6% | ~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): +63.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +56.7% | +37.8% | +20.8% | +178.6% | 2023 | -29.4% | 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 |
$204,648 | $175,328 | ~$408,892 | $237,818 | 2024 | $120,470 | 2022 |
Market value changed by 179% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$18,925,627 | ~$17,238,107 | ~2.0139% | ~$347,165 | +20.8% |
| 2028 | ~$22,856,182 | ~$18,961,917 | ~1.9814% | ~$375,709 | +45.9% |
| 2029 | ~$27,603,052 | ~$20,858,109 | ~1.9488% | ~$406,491 | +76.1% |
| 2030 | ~$33,335,771 | ~$22,943,920 | ~1.9163% | ~$439,672 | +112.7% |
| 2031 | ~$40,259,087 | ~$25,238,312 | ~1.8837% | ~$475,425 | +156.9% |
| 2027 | ~$18,612,207 | ~$17,238,107 | ~2.0465% | ~$352,775 | +18.8% |
| 2028 | ~$22,105,426 | ~$18,961,917 | ~2.0465% | ~$388,053 | +41.1% |
| 2029 | ~$26,254,266 | ~$20,858,109 | ~2.0465% | ~$426,858 | +67.5% |
| 2030 | ~$31,181,779 | ~$22,943,920 | ~2.0465% | ~$469,544 | +99.0% |
| 2031 | ~$37,034,108 | ~$25,238,312 | ~2.0465% | ~$516,498 | +136.3% |
| 2027 | ~$19,239,048 | ~$17,238,107 | ~1.9977% | ~$344,359 | +22.8% |
| 2028 | ~$23,619,476 | ~$18,961,917 | ~1.9488% | ~$369,537 | +50.7% |
| 2029 | ~$28,997,259 | ~$20,858,109 | ~1.9000% | ~$396,308 | +85.0% |
| 2030 | ~$35,599,479 | ~$22,943,920 | ~1.8512% | ~$424,736 | +127.2% |
| 2031 | ~$43,704,920 | ~$25,238,312 | ~1.8024% | ~$454,888 | +178.9% |
In 2025, this property's market value of $10,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× 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 | $10,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $12,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $16,994,393 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $6,100,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $6,100,000 | $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 | — |