1130 AIRPORT BLVD AUSTIN, TX 78702
| Owner | ALI BARKAT |
|---|---|
| Parcel ID | 0206150204 |
| Short ID | 195477 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,088 SF |
| Land SF | 29,272 SF |
| Acres | 0.672 |
| Year Built | 1962 |
| Legal | .672 AC OLT 49 DIVISION A |
| Neighborhood | 48CEN |
| Land | $2,371,032 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,371,032 |
| Improvement | $116,808 |
|---|---|
| Total Improvement | $116,808 |
| Market | $2,487,840 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,487,840 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,487,840 |
| Taxable Value | $2,487,840 |
|---|
Appreciation: Market value has risen +174.8% from $905,230 (2021) to $2,487,840 (2025), a CAGR of 28.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $50,913. 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 95% of market value ($2,371,032 land vs $116,808 improvements), about $81/SF of land. With value concentrated in the land under a ~64-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 $2,487,840, 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 +28.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,803,428 by 2030, with an estimated annual tax burden around $75,476. 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 | 9,340 SF | ✗ |
| 1ST | 1st Floor | 2,088 SF | ✓ |
| 501 | CANOPY | 580 SF | ✗ |
| 581C | STORAGE ATT COMM | 270 SF | ✓ |
| 541 | FENCE COMM LF | 100 SF | ✗ |
Market value changed by 119% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $23,017.50 | $23,017.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,036.70 | $13,036.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,350.42 | $9,350.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,936.22 | $2,936.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,572.43 | $2,572.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $50,913.27 | $50,913.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,360,000 | $2,487,840 | -5.1% |
| Assessed Value | $2,360,000 | $2,487,840 | -5.1% |
| Land Value | $2,371,032 | $2,371,032 | +0.0% |
| Improvement Value | — | $116,808 | — |
| Taxable Value | $2,360,000 | $2,487,840 | -5.1% |
| Total Tax 2026 = estimate |
~$48,297
Estimated
|
~$50,913
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,360,000 | $2,360,000 | +0 (+0.0%) |
| Taxable Value | $2,360,000 | $2,360,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,360,000 | $2,371,032 | — | — | $2,360,000 | $2,360,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,487,840 | $2,371,032 | $116,808 | — | $2,487,840 | $2,487,840 | ~$50,913 | Partial |
| 2024 | $2,300,000 | — | — | — | $2,371,032 ! | $— | $47,564 | Verified |
| 2023 | $988,000 | — | — | — | $2,300,000 ! | $— | $41,613 | Verified |
| 2022 | $907,502 | — | — | — | $922,068 ! | $— | $18,799 | Verified |
| 2021 | $905,230 | — | — | −$114,886 | $790,344 | $— | $19,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2025 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2024 | +4.3% | +4.3% | ~100% | 1.9800% | Verified |
| 2023 | +118.9% ! | +118.9% | ~100% | 1.8100% | Verified |
| 2022 | +15.8% | +15.8% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +174.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.1% | +29.0% | +30.2% | +132.8% | 2024 | -5.1% | 2026 |
| Assessment Ratio | 100.0% | 120.8% | — | 232.8% | 2023 | 87.3% | 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 |
$50,913 | $35,635 | ~$64,913 | $50,913 | 2025 | $18,799 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,203,231 | ~$2,736,624 | ~2.0139% | ~$55,114 | +28.8% |
| 2027 | ~$4,124,338 | ~$3,010,286 | ~1.9814% | ~$59,645 | +65.8% |
| 2028 | ~$5,310,312 | ~$3,311,315 | ~1.9488% | ~$64,532 | +113.5% |
| 2029 | ~$6,837,321 | ~$3,642,447 | ~1.9163% | ~$69,800 | +174.8% |
| 2030 | ~$8,803,428 | ~$4,006,691 | ~1.8837% | ~$75,476 | +253.9% |
| 2026 | ~$3,153,475 | ~$2,736,624 | ~2.0465% | ~$56,005 | +26.8% |
| 2027 | ~$3,997,203 | ~$3,010,286 | ~2.0465% | ~$61,605 | +60.7% |
| 2028 | ~$5,066,676 | ~$3,311,315 | ~2.0465% | ~$67,766 | +103.7% |
| 2029 | ~$6,422,292 | ~$3,642,447 | ~2.0465% | ~$74,542 | +158.1% |
| 2030 | ~$8,140,610 | ~$4,006,691 | ~2.0465% | ~$81,996 | +227.2% |
| 2026 | ~$3,252,988 | ~$2,736,624 | ~1.9977% | ~$54,669 | +30.8% |
| 2027 | ~$4,253,462 | ~$3,010,286 | ~1.9488% | ~$58,666 | +71.0% |
| 2028 | ~$5,561,637 | ~$3,311,315 | ~1.9000% | ~$62,916 | +123.6% |
| 2029 | ~$7,272,147 | ~$3,642,447 | ~1.8512% | ~$67,429 | +192.3% |
| 2030 | ~$9,508,734 | ~$4,006,691 | ~1.8024% | ~$72,215 | +282.2% |
In 2025, this property's market value of $2,487,840 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +76% 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 | $2,487,840 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $988,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $907,502 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $905,230 | $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.