1612 W 35 ST TX 78703
| Owner | J17 FORTUNE L P |
|---|---|
| Parcel ID | 0119000401 |
| Short ID | 119378 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,599 SF |
| Land SF | 11,564 SF |
| Acres | 0.265 |
| Year Built | 1960 |
| Legal | ABS 697 SUR 7 SPEAR G W 120 X 98.00 FT |
| Neighborhood | 20CEN |
| Land | $925,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $925,120 |
| Improvement | $41,126 |
|---|---|
| Total Improvement | $41,126 |
| Market | $966,246 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $966,246 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $966,246 |
| Taxable Value | $966,246 |
|---|
Appreciation: Market value has fallen -2.2% from $988,039 (2021) to $966,246 (2025), a CAGR of -0.6% over 4 years. Growth has been relatively flat for this asset class. 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 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 $19,774. 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 96% of market value ($925,120 land vs $41,126 improvements), about $80/SF of land. With value concentrated in the land under a ~66-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 $966,246, 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 -0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $939,679 by 2030, with an estimated annual tax burden around $17,701. 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 | 5,524 SF | ✗ |
| 1ST | 1st Floor | 1,599 SF | ✓ |
| 272 | COLDSTG VAULT LG | 1,152 SF | ✓ |
| 501 | CANOPY | 360 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% | $8,939.71 | $8,939.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,063.29 | $5,063.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,631.59 | $3,631.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,140.39 | $1,140.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $999.10 | $999.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,774.08 | $19,774.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $968,116 | $966,246 | +0.2% |
| Assessed Value | $968,116 | $966,246 | +0.2% |
| Land Value | $925,120 | $925,120 | +0.0% |
| Improvement Value | $42,996 | $41,126 | +4.5% |
| Taxable Value | $968,116 | $966,246 | +0.2% |
| Total Tax 2026 = estimate |
~$19,812
Estimated
|
~$19,774
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $968,116 | $968,116 | +0 (+0.0%) |
| Taxable Value | $968,116 | $968,116 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $968,116 | $925,120 | $42,996 | — | $968,116 | $968,116 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $966,246 | $925,120 | $41,126 | — | $966,246 | $966,246 | ~$19,774 | Partial |
| 2024 | $989,160 | — | — | −$64,040 | $925,120 | $— | $19,144 | Verified |
| 2023 | $989,160 | — | — | −$64,040 | $925,120 | $— | $17,896 | Verified |
| 2022 | $988,874 | — | — | −$63,754 | $925,120 | $— | $19,535 | Verified |
| 2021 | $988,039 | — | — | −$62,919 | $925,120 | $— | $21,525 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -4.1% | -4.1% | ~100% | 1.9800% | Verified |
| 2023 | +1.9% | +1.9% | ~100% | 1.7800% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | -0.4% | -0.6% | +0.2% | 2026 | -2.3% | 2025 |
| Assessment Ratio | 100.0% | 95.7% | — | 100.0% | 2025 | 93.5% | 2023 |
| 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 |
$19,774 | $19,575 | ~$18,522 | $21,525 | 2021 | $17,896 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$960,873 | ~$960,873 | ~2.0139% | ~$19,351 | -0.6% |
| 2027 | ~$955,530 | ~$955,530 | ~1.9814% | ~$18,933 | -1.1% |
| 2028 | ~$950,217 | ~$950,217 | ~1.9488% | ~$18,518 | -1.7% |
| 2029 | ~$944,934 | ~$944,934 | ~1.9163% | ~$18,108 | -2.2% |
| 2030 | ~$939,679 | ~$939,679 | ~1.8837% | ~$17,701 | -2.7% |
| 2026 | ~$941,548 | ~$941,548 | ~2.0465% | ~$19,269 | -2.6% |
| 2027 | ~$917,482 | ~$917,482 | ~2.0465% | ~$18,776 | -5.0% |
| 2028 | ~$894,031 | ~$894,031 | ~2.0465% | ~$18,296 | -7.5% |
| 2029 | ~$871,179 | ~$871,179 | ~2.0465% | ~$17,829 | -9.8% |
| 2030 | ~$848,911 | ~$848,911 | ~2.0465% | ~$17,373 | -12.1% |
| 2026 | ~$980,198 | ~$980,198 | ~1.9977% | ~$19,581 | +1.4% |
| 2027 | ~$994,352 | ~$994,352 | ~1.9488% | ~$19,378 | +2.9% |
| 2028 | ~$1,008,710 | ~$1,008,710 | ~1.9000% | ~$19,166 | +4.4% |
| 2029 | ~$1,023,275 | ~$1,023,275 | ~1.8512% | ~$18,943 | +5.9% |
| 2030 | ~$1,038,051 | ~$1,038,051 | ~1.8024% | ~$18,710 | +7.4% |
In 2025, this property's market value of $966,246 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -32% 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 | $966,246 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $989,160 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $989,160 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $988,874 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $988,039 | $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.