INTERSTATE HY 35 78748
| Owner | BVA SPM SPE LLC & SOUTHPARK MEADOWS SPE HL LLC |
|---|---|
| Parcel ID | 0434091702 |
| Short ID | 971119 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,330 SF |
| Land SF | 51,817 SF |
| Acres | 1.190 |
| Year Built | 2006 |
| Legal | SOUTHPARK MEADOWS SUBD AMD LTS 9 - 11 BLK A LOT 10A |
| Neighborhood | SOU |
| Land | $1,295,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,295,425 |
| Improvement | $1,094,887 |
|---|---|
| Total Improvement | $1,094,887 |
| Market | $2,390,312 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,390,312 |
| Value Limitation Adjustment (−) (homestead cap) | −$122,312 |
| Net Appraised (assessed) | $2,268,000 |
| Taxable Value | $2,268,000 |
|---|
Appreciation: Market value has risen +28.2% from $1,865,000 (2023) to $2,390,312 (2025), a CAGR of 13.2% over 2 years. This is strong appreciation — well above typical inflation. 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 fell -0.0%, 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 $46,414. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,268,000) is $122,312 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 54% of market value ($1,295,425 land vs $1,094,887 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,390,312, this parcel sits in the upper-middle (50th–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 +10.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,014,672 by 2031, with an estimated annual tax burden around $75,427. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,000 SF | ✗ |
| 1ST | 1st Floor | 5,330 SF | ✓ |
| 611 | TERRACE | 649 SF | ✗ |
| 501 | CANOPY | 352 SF | ✗ |
| 437 | FENCE MASON LF | 79 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $20,983.54 | $20,983.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,884.71 | $11,884.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,524.16 | $8,524.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,676.76 | $2,676.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,345.11 | $2,345.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $46,414.28 | $46,414.28 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $20,983.54 | 45.2% |
| CAT City of Austin | 0.5240% | $11,884.71 | 25.6% |
| TCO Travis County | 0.3758% | $8,524.16 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,676.76 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,345.11 | 5.1% |
| Total | 2.0465% | $46,414.28 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,486,240 | $2,390,312 | +4.0% |
| Assessed Value | $2,486,240 | $2,268,000 | +9.6% |
| Land Value | $1,295,425 | $1,295,425 | +0.0% |
| Improvement Value | $1,190,815 | $1,094,887 | +8.8% |
| Taxable Value | $2,486,240 | $2,268,000 | +9.6% |
| Total Tax 2026 = estimate |
~$50,881
Estimated
|
~$46,414
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,486,240 | $1,295,425 | $1,190,815 | — | $2,486,240 | $2,486,240 | Not yet — post-cert | Preliminary |
| 2025 | $2,390,312 | $1,295,425 | $1,094,887 | −$122,312 | $2,268,000 | $2,268,000 | ~$46,414 | Partial |
| 2024 | $1,890,000 | $1,295,425 | $594,575 | — | $1,890,000 | $1,890,000 | $37,456 | Verified |
| 2023 | $1,865,000 | $1,295,425 | $569,575 | — | $1,865,000 | $1,865,000 | $33,742 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +9.6% | ~100% | Not available | Partial |
| 2025 | +26.5% | +20.0% | 94.9% | Not available | Partial |
| 2024 | +1.3% | +1.3% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.0% | +10.6% | +10.1% | +26.5% | 2025 | +1.3% | 2024 |
| Assessment Ratio | 100.0% | 98.7% | — | 100.0% | 2023 | 94.9% | 2025 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$46,414 | $39,204 | ~$64,872 | $46,414 | 2025 | $33,742 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,736,305 | ~$2,734,864 | ~2.0139% | ~$55,078 | +10.1% |
| 2028 | ~$3,011,521 | ~$3,008,350 | ~1.9814% | ~$59,607 | +21.1% |
| 2029 | ~$3,314,418 | ~$3,309,185 | ~1.9488% | ~$64,491 | +33.3% |
| 2030 | ~$3,647,780 | ~$3,640,104 | ~1.9163% | ~$69,755 | +46.7% |
| 2031 | ~$4,014,672 | ~$4,004,114 | ~1.8837% | ~$75,427 | +61.5% |
| 2027 | ~$2,686,580 | ~$2,686,580 | ~2.0465% | ~$54,980 | +8.1% |
| 2028 | ~$2,903,063 | ~$2,903,063 | ~2.0465% | ~$59,411 | +16.8% |
| 2029 | ~$3,136,990 | ~$3,136,990 | ~2.0465% | ~$64,198 | +26.2% |
| 2030 | ~$3,389,767 | ~$3,389,767 | ~2.0465% | ~$69,371 | +36.3% |
| 2031 | ~$3,662,913 | ~$3,662,913 | ~2.0465% | ~$74,961 | +47.3% |
| 2027 | ~$2,786,029 | ~$2,734,864 | ~1.9977% | ~$54,633 | +12.1% |
| 2028 | ~$3,121,967 | ~$3,008,350 | ~1.9488% | ~$58,628 | +25.6% |
| 2029 | ~$3,498,413 | ~$3,309,185 | ~1.9000% | ~$62,875 | +40.7% |
| 2030 | ~$3,920,249 | ~$3,640,104 | ~1.8512% | ~$67,385 | +57.7% |
| 2031 | ~$4,392,951 | ~$4,004,114 | ~1.8024% | ~$72,169 | +76.7% |
In 2025, this property's market value of $2,390,312 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +73% above 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 | $2,390,312 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,890,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,865,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 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 | 2023–2024 | 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 | 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 | — |