3500 JEFFERSON ST TX 78731
| Owner | 35TH & JEFFERSON LTD |
|---|---|
| Parcel ID | 0122000829 |
| Short ID | 121477 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 52,442 SF |
| Land SF | 49,619 SF |
| Acres | 1.139 |
| Year Built | 1986 |
| Legal | LOT 1 LESS E 15.66FT, LOT 2-5 LESS S 1416SF, LOT 6 LESS S4.97' & LOT 7 LESS W10' AV BLK 7 OAKMONT HEIGHTS PLUS ADJ VAC ALLEY |
| Neighborhood | 43CEN |
| Land | $3,969,536 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,969,536 |
| Improvement | $8,430,464 |
|---|---|
| Total Improvement | $8,430,464 |
| Market | $12,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,400,000 |
| Taxable Value | $12,400,000 |
|---|
Appreciation: Market value has fallen -8.2% from $13,504,446 (2021) to $12,400,000 (2025), a CAGR of -2.1% 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 $253,764. 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 32% of market value ($3,969,536 land vs $8,430,464 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,400,000, this parcel sits in the top quartile (≥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 -2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,145,584 by 2030, with an estimated annual tax burden around $209,954. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 78,452 SF | ✓ |
| 491 | SPRINKLER HEADS | 52,421 SF | ✗ |
| 1ST | 1st Floor | 18,943 SF | ✓ |
| 3RD | 3rd Floor | 17,168 SF | ✓ |
| 2ND | 2nd Floor | 16,332 SF | ✓ |
| 501 | CANOPY | 2,738 SF | ✗ |
| 611 | TERRACE | 1,434 SF | ✗ |
| 276 | ELEVATOR COM PAS | 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% | $114,724.80 | $114,724.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $64,978.11 | $64,978.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $46,604.78 | $46,604.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,634.85 | $14,634.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,821.60 | $12,821.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $253,764.14 | $253,764.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,340,000 | $12,400,000 | -0.5% |
| Assessed Value | $12,340,000 | $12,400,000 | -0.5% |
| Land Value | $3,969,536 | $3,969,536 | +0.0% |
| Improvement Value | $8,370,464 | $8,430,464 | -0.7% |
| Taxable Value | $12,340,000 | $12,400,000 | -0.5% |
| Total Tax 2026 = estimate |
~$252,536
Estimated
|
~$253,764
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,370,245 | $12,340,000 | -7,030,245 (-36.3%) |
| Taxable Value | $19,370,245 | $12,340,000 | -7,030,245 (-36.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,340,000 | $3,969,536 | $8,370,464 | — | $12,340,000 | $12,340,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,400,000 | $3,969,536 | $8,430,464 | — | $12,400,000 | $12,400,000 | ~$253,764 | Partial |
| 2024 | $12,941,771 | — | — | −$8,972,235 | $3,969,536 | $— | $245,745 | Verified |
| 2023 | $12,390,215 | — | — | −$8,420,679 | $3,969,536 | $— | $234,149 | Verified |
| 2022 | $11,949,970 | — | — | −$7,980,434 | $3,969,536 | $— | $244,697 | Verified |
| 2021 | $13,504,446 | — | — | −$9,534,910 | $3,969,536 | $— | $260,112 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +56.2% | +56.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -4.2% | -4.2% | ~100% | 1.9800% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.8100% | Verified |
| 2022 | +3.7% | +3.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.5% | -1.6% | -2.0% | +4.5% | 2024 | -11.5% | 2022 |
| Assessment Ratio | 100.0% | 54.2% | — | 100.0% | 2025 | 29.4% | 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 |
$253,764 | $247,693 | ~$226,941 | $260,112 | 2021 | $234,149 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,138,301 | ~$12,138,301 | ~2.0139% | ~$244,458 | -2.1% |
| 2027 | ~$11,882,126 | ~$11,882,126 | ~1.9814% | ~$235,431 | -4.2% |
| 2028 | ~$11,631,357 | ~$11,631,357 | ~1.9488% | ~$226,676 | -6.2% |
| 2029 | ~$11,385,880 | ~$11,385,880 | ~1.9163% | ~$218,187 | -8.2% |
| 2030 | ~$11,145,584 | ~$11,145,584 | ~1.8837% | ~$209,954 | -10.1% |
| 2026 | ~$11,890,301 | ~$11,890,301 | ~2.0465% | ~$243,333 | -4.1% |
| 2027 | ~$11,401,554 | ~$11,401,554 | ~2.0465% | ~$233,331 | -8.1% |
| 2028 | ~$10,932,896 | ~$10,932,896 | ~2.0465% | ~$223,740 | -11.8% |
| 2029 | ~$10,483,502 | ~$10,483,502 | ~2.0465% | ~$214,543 | -15.5% |
| 2030 | ~$10,052,580 | ~$10,052,580 | ~2.0465% | ~$205,725 | -18.9% |
| 2026 | ~$12,386,301 | ~$12,386,301 | ~1.9977% | ~$247,436 | -0.1% |
| 2027 | ~$12,372,618 | ~$12,372,618 | ~1.9488% | ~$241,122 | -0.2% |
| 2028 | ~$12,358,949 | ~$12,358,949 | ~1.9000% | ~$234,822 | -0.3% |
| 2029 | ~$12,345,296 | ~$12,345,296 | ~1.8512% | ~$228,535 | -0.4% |
| 2030 | ~$12,331,658 | ~$12,331,658 | ~1.8024% | ~$222,262 | -0.6% |
In 2025, this property's market value of $12,400,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,941,771 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,390,215 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,949,970 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,504,446 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.