1503 W 35 ST TX 78703
| Owner | AMI TRUST |
|---|---|
| Parcel ID | 0119001117 |
| Short ID | 119485 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,780 SF |
| Land SF | 15,632 SF |
| Acres | 0.359 |
| Year Built | 1977 |
| Legal | LOT A *RESUB OF LOT 9-10 THIELE WILLIAM |
| Neighborhood | 32CEN |
| Land | $1,563,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,563,200 |
| Improvement | $53,987 |
|---|---|
| Total Improvement | $53,987 |
| Market | $1,617,187 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,617,187 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,617,187 |
| Taxable Value | $1,617,187 |
|---|
Appreciation: Market value has risen +21.6% from $1,330,000 (2021) to $1,617,187 (2025), a CAGR of 5.0% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $33,095. 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 97% of market value ($1,563,200 land vs $53,987 improvements), about $100/SF of land. With value concentrated in the land under a ~49-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 $1,617,187, this parcel sits in the upper-middle (50th–75th 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 +5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,064,886 by 2030, with an estimated annual tax burden around $38,897. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,100 SF | ✗ |
| 1ST | 1st Floor | 2,780 SF | ✓ |
| 611 | TERRACE | 988 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 482 | LIGHT POLES | 1 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% | $14,962.21 | $14,962.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,474.33 | $8,474.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,078.12 | $6,078.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,908.65 | $1,908.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,672.17 | $1,672.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,095.48 | $33,095.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,621,056 | $1,617,187 | +0.2% |
| Assessed Value | $1,621,056 | $1,617,187 | +0.2% |
| Land Value | $1,563,200 | $1,563,200 | +0.0% |
| Improvement Value | $57,856 | $53,987 | +7.2% |
| Taxable Value | $1,621,056 | $1,617,187 | +0.2% |
| Total Tax 2026 = estimate |
~$33,175
Estimated
|
~$33,095
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,621,056 | $1,621,056 | +0 (+0.0%) |
| Taxable Value | $1,621,056 | $1,621,056 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,621,056 | $1,563,200 | $57,856 | — | $1,621,056 | $1,621,056 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,617,187 | $1,563,200 | $53,987 | — | $1,617,187 | $1,617,187 | ~$33,095 | Partial |
| 2024 | $1,450,000 | — | — | — | $1,563,200 ! | $— | $33,136 | Verified |
| 2023 | $1,400,000 | — | — | — | $1,563,200 ! | $— | $26,234 | Verified |
| 2022 | $1,330,000 | — | — | −$79,440 | $1,250,560 | $— | $27,649 | Verified |
| 2021 | $1,330,000 | — | — | −$79,440 | $1,250,560 | $— | $28,950 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9800% | Verified |
| 2023 | +19.7% | +19.7% | ~100% | 1.5700% | Verified |
| 2022 | -1.9% | -1.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +4.1% | +5.0% | +11.5% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 101.2% | — | 111.7% | 2023 | 94.0% | 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 |
$33,095 | $29,813 | ~$36,521 | $33,136 | 2024 | $26,234 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,698,194 | ~$1,698,194 | ~2.0139% | ~$34,201 | +5.0% |
| 2027 | ~$1,783,259 | ~$1,783,259 | ~1.9814% | ~$35,333 | +10.3% |
| 2028 | ~$1,872,586 | ~$1,872,586 | ~1.9488% | ~$36,494 | +15.8% |
| 2029 | ~$1,966,386 | ~$1,966,386 | ~1.9163% | ~$37,682 | +21.6% |
| 2030 | ~$2,064,886 | ~$2,064,886 | ~1.8837% | ~$38,897 | +27.7% |
| 2026 | ~$1,665,851 | ~$1,665,851 | ~2.0465% | ~$34,091 | +3.0% |
| 2027 | ~$1,715,979 | ~$1,715,979 | ~2.0465% | ~$35,117 | +6.1% |
| 2028 | ~$1,767,615 | ~$1,767,615 | ~2.0465% | ~$36,174 | +9.3% |
| 2029 | ~$1,820,805 | ~$1,820,805 | ~2.0465% | ~$37,263 | +12.6% |
| 2030 | ~$1,875,596 | ~$1,875,596 | ~2.0465% | ~$38,384 | +16.0% |
| 2026 | ~$1,730,538 | ~$1,730,538 | ~1.9977% | ~$34,570 | +7.0% |
| 2027 | ~$1,851,834 | ~$1,851,834 | ~1.9488% | ~$36,089 | +14.5% |
| 2028 | ~$1,981,632 | ~$1,981,632 | ~1.9000% | ~$37,651 | +22.5% |
| 2029 | ~$2,120,528 | ~$2,120,528 | ~1.8512% | ~$39,255 | +31.1% |
| 2030 | ~$2,269,159 | ~$2,269,159 | ~1.8024% | ~$40,899 | +40.3% |
In 2025, this property's market value of $1,617,187 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +14% above 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 | $1,617,187 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,450,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,330,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,330,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.