2701 EXPOSITION BLVD TX 78703
| Owner | WRIGHT GILBERT J & CAROLE E |
|---|---|
| Parcel ID | 0118040101 |
| Short ID | 118446 |
| Type | Real |
| Use Code | 81 Service Station |
| Valuation | Income |
| Improvement SF | 1,971 SF |
| Land SF | 14,876 SF |
| Acres | 0.342 |
| Year Built | 1952 |
| Legal | S 114 FT OF LOT 34 *& S PT OF LOT 35 BLK 4 BROWN HERMAN ADDN |
| Neighborhood | 81CEN |
| Land | $595,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $595,040 |
| Improvement | $220,002 |
|---|---|
| Total Improvement | $220,002 |
| Market | $815,042 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $815,042 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $815,042 |
| Taxable Value | $815,042 |
|---|
Appreciation: Market value has risen +4.9% from $777,136 (2021) to $815,042 (2025), a CAGR of 1.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 +24.1%, 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 $16,680. 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 73% of market value ($595,040 land vs $220,002 improvements), about $40/SF of land. With value concentrated in the land under a ~74-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $815,042, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $865,035 by 2030, with an estimated annual tax burden around $16,295. 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 | 7,224 SF | ✗ |
| 1ST | 1st Floor | 1,971 SF | ✓ |
| 501 | CANOPY | 576 SF | ✗ |
| 327 | STORAGE COMM'L | 177 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $7,540.77 | $7,540.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,270.96 | $4,270.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,063.29 | $3,063.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $961.94 | $961.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $842.75 | $842.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,679.71 | $16,679.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $822,387 | $815,042 | +0.9% |
| Assessed Value | $822,387 | $815,042 | +0.9% |
| Land Value | $595,040 | $595,040 | +0.0% |
| Improvement Value | $227,347 | $220,002 | +3.3% |
| Taxable Value | $822,387 | $815,042 | +0.9% |
| Total Tax 2026 = estimate |
~$16,830
Estimated
|
~$16,680
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $903,722 | $822,387 | -81,335 (-9.0%) |
| Taxable Value | $903,722 | $822,387 | -81,335 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $822,387 | $595,040 | $227,347 | — | $822,387 | $822,387 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $815,042 | $595,040 | $220,002 | — | $815,042 | $815,042 | ~$16,680 | Partial |
| 2024 | $867,335 | — | — | −$272,295 | $595,040 | $— | $16,153 | Verified |
| 2023 | $851,718 | — | — | −$256,678 | $595,040 | $— | $15,692 | Verified |
| 2022 | $851,718 | — | — | −$256,678 | $595,040 | $— | $16,821 | Verified |
| 2021 | $777,136 | — | — | −$182,096 | $595,040 | $— | $18,539 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.9% | +10.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -6.0% | -6.0% | ~100% | 1.9800% | Verified |
| 2023 | +1.3% | +1.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +1.3% | +1.0% | +9.6% | 2022 | -6.0% | 2025 |
| Assessment Ratio | 100.0% | 80.8% | — | 100.0% | 2025 | 68.6% | 2024 |
| 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 |
$16,680 | $16,777 | ~$16,457 | $18,539 | 2021 | $15,692 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$824,804 | ~$824,804 | ~2.0139% | ~$16,611 | +1.2% |
| 2027 | ~$834,683 | ~$834,683 | ~1.9814% | ~$16,538 | +2.4% |
| 2028 | ~$844,680 | ~$844,680 | ~1.9488% | ~$16,461 | +3.6% |
| 2029 | ~$854,797 | ~$854,797 | ~1.9163% | ~$16,380 | +4.9% |
| 2030 | ~$865,035 | ~$865,035 | ~1.8837% | ~$16,295 | +6.1% |
| 2026 | ~$808,503 | ~$808,503 | ~2.0465% | ~$16,546 | -0.8% |
| 2027 | ~$802,017 | ~$802,017 | ~2.0465% | ~$16,413 | -1.6% |
| 2028 | ~$795,582 | ~$795,582 | ~2.0465% | ~$16,281 | -2.4% |
| 2029 | ~$789,199 | ~$789,199 | ~2.0465% | ~$16,151 | -3.2% |
| 2030 | ~$782,868 | ~$782,868 | ~2.0465% | ~$16,021 | -3.9% |
| 2026 | ~$841,105 | ~$841,105 | ~1.9977% | ~$16,802 | +3.2% |
| 2027 | ~$868,001 | ~$868,001 | ~1.9488% | ~$16,916 | +6.5% |
| 2028 | ~$895,757 | ~$895,757 | ~1.9000% | ~$17,020 | +9.9% |
| 2029 | ~$924,401 | ~$924,401 | ~1.8512% | ~$17,112 | +13.4% |
| 2030 | ~$953,961 | ~$953,961 | ~1.8024% | ~$17,194 | +17.0% |
In 2025, this property's market value of $815,042 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% below the county median of $1,417,484. 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 | $815,042 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $867,335 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $851,718 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $851,718 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $777,136 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | base yr |
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.