PEDERNALES SUMMIT PKWY TX
| Owner | SEVENTY ONE PROPERTIES LLC |
|---|---|
| Parcel ID | 0126960135 |
| Short ID | 911663 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 6,000 SF |
| Land SF | 140,263 SF |
| Acres | 3.220 |
| Year Built | 2022 |
| Legal | LOT 1 BLK A SWEETWATER RANCH SEC 2 COMMERCIAL 3 |
| Neighborhood | 1SW3 |
| Land | $981,842 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $981,842 |
| Improvement | $1,675,898 |
|---|---|
| Total Improvement | $1,675,898 |
| Market | $2,657,740 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,657,740 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,657,740 |
| Taxable Value | $2,657,740 |
|---|
Appreciation: Market value has risen +215.8% from $841,579 (2021) to $2,657,740 (2025), a CAGR of 33.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2024), 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.6366% in 2025 (+0.0656% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $70,074. Lake Travis ISD is the largest single contributor, at 39.4% 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 37% of market value ($981,842 land vs $1,675,898 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,657,740, 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 +33.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,188,825 by 2030, with an estimated annual tax burden around $100,404. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 33,800 SF | ✗ |
| 1ST | 1st Floor | 6,000 SF | ✓ |
| 501 | CANOPY | 6,000 SF | ✗ |
Market value changed by 174% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $25,472.65 | $25,472.65 | Paid |
| U5M Lazy Nine MUD # 1B | 0.9850% | 0.9200% | 0.8950% | 0.8950% | 0.9325% | +0.0375% | $22,846.25 | $22,846.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,208.20 | $9,208.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,891.56 | $2,891.56 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $2,278.87 | $2,278.87 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $1,898.75 | $1,898.75 | Paid |
| Combined Rate | 2.8693% | 2.7020% | 2.5284% | 2.5710% | 2.6366% | +0.0656% | $64,596.28 | $64,596.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,657,740 | $2,657,740 | +0.0% |
| Assessed Value | $2,657,740 | $2,657,740 | +0.0% |
| Land Value | $981,842 | $981,842 | +0.0% |
| Improvement Value | $1,675,898 | $1,675,898 | +0.0% |
| Taxable Value | $2,657,740 | $2,657,740 | +0.0% |
| Total Tax 2026 = estimate |
~$70,074
Estimated
|
~$64,596
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,714,844 | $2,657,740 | -57,104 (-2.1%) |
| Taxable Value | $2,714,844 | $2,657,740 | -57,104 (-2.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,657,740 | $981,842 | $1,675,898 | — | $2,657,740 | $2,657,740 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,657,740 | $981,842 | $1,675,898 | — | $2,657,740 | $2,657,740 | ~$64,596 | Partial |
| 2024 | $2,688,325 | — | — | −$1,706,483 | $981,842 | $— | $68,525 | Verified |
| 2023 | $— | — | — | — | $981,842 | $— | $67,973 | Verified |
| 2022 | $— | — | — | — | $981,842 | $— | $26,530 | Verified |
| 2021 | $841,579 | — | — | — | $841,579 | $— | $24,147 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | 2.5700% | Verified |
| 2023 | +173.8% ! | +173.8% | ~100% | 2.5300% | Verified |
| 2022 | +16.7% | +16.7% | ~100% | 2.7000% | Verified |
| 2021 | base year | — | ~100% | 2.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +215.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +72.8% | +33.3% | +219.4% | 2024 | -1.1% | 2025 |
| Assessment Ratio | 100.0% | 84.1% | — | 100.0% | 2021 | 36.5% | 2024 |
| Effective Tax Rate (2025) | 2.4300% | 2.4300% | — | 2.4300% | 2025 | 2.4300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$64,596 | $52,423 | ~$87,493 | $68,525 | 2024 | $24,147 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,542,965 | ~$2,923,514 | ~2.5784% | ~$75,380 | +33.3% |
| 2027 | ~$4,723,036 | ~$3,215,865 | ~2.5202% | ~$81,047 | +77.7% |
| 2028 | ~$6,296,159 | ~$3,537,452 | ~2.4621% | ~$87,094 | +136.9% |
| 2029 | ~$8,393,249 | ~$3,891,197 | ~2.4039% | ~$93,540 | +215.8% |
| 2030 | ~$11,188,825 | ~$4,280,317 | ~2.3457% | ~$100,404 | +321.0% |
| 2026 | ~$3,489,810 | ~$2,923,514 | ~2.6366% | ~$77,081 | +31.3% |
| 2027 | ~$4,582,381 | ~$3,215,865 | ~2.6366% | ~$84,789 | +72.4% |
| 2028 | ~$6,017,007 | ~$3,537,452 | ~2.6366% | ~$93,268 | +126.4% |
| 2029 | ~$7,900,778 | ~$3,891,197 | ~2.6366% | ~$102,595 | +197.3% |
| 2030 | ~$10,374,310 | ~$4,280,317 | ~2.6366% | ~$112,854 | +290.3% |
| 2026 | ~$3,596,120 | ~$2,923,514 | ~2.5493% | ~$74,530 | +35.3% |
| 2027 | ~$4,865,818 | ~$3,215,865 | ~2.4621% | ~$79,177 | +83.1% |
| 2028 | ~$6,583,814 | ~$3,537,452 | ~2.3748% | ~$84,007 | +147.7% |
| 2029 | ~$8,908,391 | ~$3,891,197 | ~2.2875% | ~$89,013 | +235.2% |
| 2030 | ~$12,053,716 | ~$4,280,317 | ~2.2003% | ~$94,179 | +353.5% |
In 2025, this property's market value of $2,657,740 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +87% 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 | $2,657,740 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,688,325 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $841,579 | $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.