1721 W 35 ST TX 78703
| Owner | ZAHNARZT PROPERTIES LLC |
|---|---|
| Parcel ID | 0120010908 |
| Short ID | 120332 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,141 SF |
| Land SF | 11,591 SF |
| Acres | 0.266 |
| Year Built | 1935 |
| Legal | LOT 2 MAYBERRY ADDN |
| Neighborhood | 59CEN |
| Land | $1,159,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,159,100 |
| Improvement | $138,446 |
|---|---|
| Total Improvement | $138,446 |
| Market | $1,297,546 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,297,546 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,297,546 |
| Taxable Value | $1,297,546 |
|---|
Appreciation: Market value has fallen -14.9% from $1,524,967 (2021) to $1,297,546 (2025), a CAGR of -4.0% 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 +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 $26,554. 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 89% of market value ($1,159,100 land vs $138,446 improvements), about $100/SF of land. With value concentrated in the land under a ~91-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 $1,297,546, 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 -4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,060,353 by 2030, with an estimated annual tax burden around $19,974. 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 | 3,000 SF | ✗ |
| 1ST | 1st Floor | 2,371 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,856 SF | ✗ |
| 2ND | 2nd Floor | 770 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 218 SF | ✗ |
| 251 | BATHROOM | 2 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% | $12,004.90 | $12,004.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,799.36 | $6,799.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,876.76 | $4,876.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,531.40 | $1,531.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,341.66 | $1,341.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,554.08 | $26,554.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,334,234 | $1,297,546 | +2.8% |
| Assessed Value | $1,334,234 | $1,297,546 | +2.8% |
| Land Value | $1,159,100 | $1,159,100 | +0.0% |
| Improvement Value | $175,134 | $138,446 | +26.5% |
| Taxable Value | $1,334,234 | $1,297,546 | +2.8% |
| Total Tax 2026 = estimate |
~$27,305
Estimated
|
~$26,554
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,731,791 | $1,334,234 | -397,557 (-23.0%) |
| Taxable Value | $1,557,055 | $1,334,234 | -222,821 (-14.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,334,234 | $1,159,100 | $175,134 | — | $1,334,234 | $1,334,234 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,297,546 | $1,159,100 | $138,446 | — | $1,297,546 | $1,297,546 | ~$26,554 | Partial |
| 2024 | $1,469,000 | — | — | −$309,900 | $1,159,100 | $— | $25,715 | Verified |
| 2023 | $1,237,200 | — | — | −$78,100 | $1,159,100 | $— | $26,578 | Verified |
| 2022 | $1,479,018 | — | — | −$551,738 | $927,280 | $— | $24,434 | Verified |
| 2021 | $1,524,967 | — | — | −$597,687 | $927,280 | $— | $32,193 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.5% | +20.0% | 89.9% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -11.7% | -11.7% | ~100% | 1.9800% | Verified |
| 2023 | +18.7% | +18.7% | ~100% | 1.8100% | Verified |
| 2022 | -16.3% | -16.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.8% | -1.9% | -4.5% | +18.7% | 2024 | -16.3% | 2023 |
| Assessment Ratio | 100.0% | 82.7% | — | 100.0% | 2025 | 60.8% | 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 |
$26,554 | $27,095 | ~$22,469 | $32,193 | 2021 | $24,434 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,246,202 | ~$1,246,202 | ~2.0139% | ~$25,098 | -4.0% |
| 2027 | ~$1,196,889 | ~$1,196,889 | ~1.9814% | ~$23,715 | -7.8% |
| 2028 | ~$1,149,528 | ~$1,149,528 | ~1.9488% | ~$22,402 | -11.4% |
| 2029 | ~$1,104,041 | ~$1,104,041 | ~1.9163% | ~$21,157 | -14.9% |
| 2030 | ~$1,060,353 | ~$1,060,353 | ~1.8837% | ~$19,974 | -18.3% |
| 2026 | ~$1,232,669 | ~$1,232,669 | ~2.0465% | ~$25,226 | -5.0% |
| 2027 | ~$1,171,035 | ~$1,171,035 | ~2.0465% | ~$23,965 | -9.8% |
| 2028 | ~$1,112,484 | ~$1,112,484 | ~2.0465% | ~$22,767 | -14.3% |
| 2029 | ~$1,056,859 | ~$1,056,859 | ~2.0465% | ~$21,628 | -18.5% |
| 2030 | ~$1,004,016 | ~$1,004,016 | ~2.0465% | ~$20,547 | -22.6% |
| 2026 | ~$1,272,153 | ~$1,272,153 | ~1.9977% | ~$25,413 | -2.0% |
| 2027 | ~$1,247,256 | ~$1,247,256 | ~1.9488% | ~$24,307 | -3.9% |
| 2028 | ~$1,222,847 | ~$1,222,847 | ~1.9000% | ~$23,234 | -5.8% |
| 2029 | ~$1,198,916 | ~$1,198,916 | ~1.8512% | ~$22,194 | -7.6% |
| 2030 | ~$1,175,452 | ~$1,175,452 | ~1.8024% | ~$21,186 | -9.4% |
In 2025, this property's market value of $1,297,546 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,297,546 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,469,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,237,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,479,018 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,524,967 | $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.