201 TURK LN TX 78748
| Owner | BVA SPM SPE LLC & SOUTHPARK MEADOWS SPE HL LLC |
|---|---|
| Parcel ID | 0434110102 |
| Short ID | 732317 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 35,548 SF |
| Land SF | 94,622 SF |
| Acres | 2.172 |
| Year Built | 2006 |
| Legal | LOT 7 BLK A SOUTHPARK MEADOWS SUBD |
| Neighborhood | 41SOU |
| Land | $1,419,330 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,419,330 |
| Improvement | $6,973,133 |
|---|---|
| Total Improvement | $6,973,133 |
| Market | $8,392,463 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,392,463 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,392,463 |
| Taxable Value | $8,392,463 |
|---|
Appreciation: Market value has fallen -12.0% from $9,534,000 (2021) to $8,392,463 (2025), a CAGR of -3.1% over 4 years. Growth has been relatively flat for this asset class. 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 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 $171,750. 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 17% of market value ($1,419,330 land vs $6,973,133 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,392,463, 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 -2.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,188,996 by 2031, with an estimated annual tax burden around $135,422. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 35,548 SF | ✓ |
| 491 | SPRINKLER HEADS | 34,748 SF | ✗ |
| 551 | PAVED AREA | 26,400 SF | ✗ |
| 501 | CANOPY | 308 SF | ✗ |
| 611 | TERRACE | 49 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $73,976.41 | $73,976.41 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,898.94 | $41,898.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30,051.52 | $30,051.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,436.79 | $9,436.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,267.58 | $8,267.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $163,631.24 | $163,631.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $73,976.41 | 45.2% |
| CAT City of Austin | 0.5240% | $41,898.94 | 25.6% |
| TCO Travis County | 0.3758% | $30,051.52 | 18.4% |
| THD Travis Central Health | 0.1180% | $9,436.79 | 5.8% |
| ACT Austin Community College | 0.1034% | $8,267.58 | 5.1% |
| Total | 2.0465% | $163,631.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,278,882 | $8,392,463 | -1.4% |
| Assessed Value | $8,278,882 | $8,392,463 | -1.4% |
| Land Value | $1,419,330 | $1,419,330 | +0.0% |
| Improvement Value | $6,859,552 | $6,973,133 | -1.6% |
| Taxable Value | $8,278,882 | $8,392,463 | -1.4% |
| Total Tax 2026 = estimate |
~$169,426
Estimated
|
~$163,631
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $8,278,882 | $1,419,330 | $6,859,552 | — | $8,278,882 | $8,278,882 | Not yet — post-cert | Preliminary |
| 2025 | $8,392,463 | $1,419,330 | $6,973,133 | — | $8,392,463 | $8,392,463 | ~$163,631 | Partial |
| 2024 | $7,500,000 | $1,419,330 | $6,080,670 | — | $7,500,000 | $7,500,000 | $148,636 | Verified |
| 2023 | $5,987,511 | $1,419,330 | $4,568,181 | — | $5,987,511 | $5,987,511 | $108,329 | Verified |
| 2022 | $9,967,000 | $1,419,330 | $8,547,670 | — | $9,967,000 | $9,967,000 | $182,247 | Verified |
| 2021 | $9,534,000 | $946,220 | $8,587,780 | — | $9,534,000 | $9,534,000 | $195,817 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2025 | +11.9% | +11.9% | ~100% | Not available | Partial |
| 2024 | +25.3% | +25.3% | ~100% | No billing data | Verified |
| 2023 | -39.9% | -39.9% | ~100% | No billing data | Verified |
| 2022 | +4.5% | +4.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.4% | +0.1% | -2.8% | +25.3% | 2024 | -39.9% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$163,631 | $159,732 | ~$148,498 | $195,817 | 2021 | $108,329 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$8,048,427 | ~$8,048,427 | ~2.0139% | ~$162,090 | -2.8% |
| 2028 | ~$7,824,387 | ~$7,824,387 | ~1.9814% | ~$155,031 | -5.5% |
| 2029 | ~$7,606,583 | ~$7,606,583 | ~1.9488% | ~$148,240 | -8.1% |
| 2030 | ~$7,394,843 | ~$7,394,843 | ~1.9163% | ~$141,707 | -10.7% |
| 2031 | ~$7,188,996 | ~$7,188,996 | ~1.8837% | ~$135,422 | -13.2% |
| 2027 | ~$7,882,849 | ~$7,882,849 | ~2.0465% | ~$161,321 | -4.8% |
| 2028 | ~$7,505,761 | ~$7,505,761 | ~2.0465% | ~$153,604 | -9.3% |
| 2029 | ~$7,146,712 | ~$7,146,712 | ~2.0465% | ~$146,256 | -13.7% |
| 2030 | ~$6,804,838 | ~$6,804,838 | ~2.0465% | ~$139,260 | -17.8% |
| 2031 | ~$6,479,318 | ~$6,479,318 | ~2.0465% | ~$132,598 | -21.7% |
| 2027 | ~$8,214,004 | ~$8,214,004 | ~1.9977% | ~$164,088 | -0.8% |
| 2028 | ~$8,149,635 | ~$8,149,635 | ~1.9488% | ~$158,823 | -1.6% |
| 2029 | ~$8,085,771 | ~$8,085,771 | ~1.9000% | ~$153,631 | -2.3% |
| 2030 | ~$8,022,407 | ~$8,022,407 | ~1.8512% | ~$148,510 | -3.1% |
| 2031 | ~$7,959,539 | ~$7,959,539 | ~1.8024% | ~$143,460 | -3.9% |
In 2025, this property's market value of $8,392,463 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× 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 | $8,392,463 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,987,511 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $9,967,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $9,534,000 | $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 | — |