3550 FAR WEST BLVD TX 78731
| Owner | SEJ ASSET MGMT & INVSTMNT CO |
|---|---|
| Parcel ID | 0139020113 |
| Short ID | 136155 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,442 SF |
| Land SF | 43,982 SF |
| Acres | 1.010 |
| Year Built | 2011 |
| Legal | LOT 2-C CHEVRON NUMBER ONE |
| Neighborhood | 48NWE |
| Land | $1,539,370 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,539,370 |
| Improvement | $712,503 |
|---|---|
| Total Improvement | $712,503 |
| Market | $2,251,873 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,251,873 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,251,873 |
| Taxable Value | $2,251,873 |
|---|
Appreciation: Market value has risen +70.5% from $1,320,912 (2021) to $2,251,873 (2025), a CAGR of 14.3% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $46,084. 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 68% of market value ($1,539,370 land vs $712,503 improvements), about $35/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,251,873, 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,386,634 by 2030, with an estimated annual tax burden around $68,317. 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 | 31,000 SF | ✗ |
| 501 | CANOPY | 4,661 SF | ✗ |
| 1ST | 1st Floor | 3,442 SF | ✓ |
| 611 | TERRACE | 889 SF | ✗ |
| 403 | CARWASH DRIVE-THRU | 864 SF | ✓ |
| 482 | LIGHT POLES | 5 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% | $20,834.33 | $20,834.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,800.20 | $11,800.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,463.55 | $8,463.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,657.73 | $2,657.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,328.44 | $2,328.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $46,084.25 | $46,084.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,265,264 | $2,251,873 | +0.6% |
| Assessed Value | $2,265,264 | $2,251,873 | +0.6% |
| Land Value | $1,539,370 | $1,539,370 | +0.0% |
| Improvement Value | $725,894 | $712,503 | +1.9% |
| Taxable Value | $2,265,264 | $2,251,873 | +0.6% |
| Total Tax 2026 = estimate |
~$46,358
Estimated
|
~$46,084
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,340,376 | $2,265,264 | -75,112 (-3.2%) |
| Taxable Value | $2,340,376 | $2,265,264 | -75,112 (-3.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,265,264 | $1,539,370 | $725,894 | — | $2,265,264 | $2,265,264 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,251,873 | $1,539,370 | $712,503 | — | $2,251,873 | $2,251,873 | ~$46,084 | Partial |
| 2024 | $1,603,690 | — | — | −$64,320 | $1,539,370 | $— | $38,139 | Verified |
| 2023 | $1,523,684 | — | — | −$644,044 | $879,640 | $— | $29,015 | Verified |
| 2022 | $1,319,860 | — | — | −$440,220 | $879,640 | $— | $30,092 | Verified |
| 2021 | $1,320,912 | — | — | −$661,182 | $659,730 | $— | $28,729 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | +8.5% | +17.0% | ~100% | Not available | Partial |
| 2024 | +29.4% | +20.0% | 92.7% | 1.8400% | Verified |
| 2023 | +5.3% | +5.3% | ~100% | 1.8100% | Verified |
| 2022 | +15.4% | +15.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +70.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +12.3% | +14.1% | +40.4% | 2025 | -0.1% | 2022 |
| Assessment Ratio | 100.0% | 78.4% | — | 100.0% | 2025 | 49.9% | 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 |
$46,084 | $34,412 | ~$58,756 | $46,084 | 2025 | $28,729 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,573,128 | ~$2,477,060 | ~2.0139% | ~$49,886 | +14.3% |
| 2027 | ~$2,940,214 | ~$2,724,766 | ~1.9814% | ~$53,988 | +30.6% |
| 2028 | ~$3,359,668 | ~$2,997,243 | ~1.9488% | ~$58,411 | +49.2% |
| 2029 | ~$3,838,963 | ~$3,296,967 | ~1.9163% | ~$63,179 | +70.5% |
| 2030 | ~$4,386,634 | ~$3,626,664 | ~1.8837% | ~$68,317 | +94.8% |
| 2026 | ~$2,528,091 | ~$2,477,060 | ~2.0465% | ~$50,693 | +12.3% |
| 2027 | ~$2,838,189 | ~$2,724,766 | ~2.0465% | ~$55,762 | +26.0% |
| 2028 | ~$3,186,325 | ~$2,997,243 | ~2.0465% | ~$61,338 | +41.5% |
| 2029 | ~$3,577,164 | ~$3,296,967 | ~2.0465% | ~$67,472 | +58.9% |
| 2030 | ~$4,015,943 | ~$3,626,664 | ~2.0465% | ~$74,219 | +78.3% |
| 2026 | ~$2,618,165 | ~$2,477,060 | ~1.9977% | ~$49,483 | +16.3% |
| 2027 | ~$3,044,040 | ~$2,724,766 | ~1.9488% | ~$53,101 | +35.2% |
| 2028 | ~$3,539,187 | ~$2,997,243 | ~1.9000% | ~$56,948 | +57.2% |
| 2029 | ~$4,114,875 | ~$3,296,967 | ~1.8512% | ~$61,033 | +82.7% |
| 2030 | ~$4,784,206 | ~$3,626,664 | ~1.8024% | ~$65,366 | +112.5% |
In 2025, this property's market value of $2,251,873 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +59% 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 | $2,251,873 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,603,690 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,523,684 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,319,860 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,320,912 | $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.