1402 CEDAR AVE AUSTIN, TX
| Owner | URBAN GRAVITY LLC |
|---|---|
| Parcel ID | 0210111412 |
| Short ID | 200367 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 590 SF |
| Land SF | 6,045 SF |
| Acres | 0.139 |
| Year Built | 1963 |
| Legal | LOT 5 BLK 15 OLT 32&33 DIV B GLENWOOD ADDN |
| Neighborhood | 48CEN |
| Land | $302,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $302,250 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $302,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $302,250 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $302,250 |
| Taxable Value | $302,250 |
|---|
Appreciation: Market value has risen +19.6% from $252,715 (2021) to $302,250 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. 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 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 $6,186. 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 100% of market value ($302,250 land vs $0 improvements), about $50/SF of land. With value concentrated in the land under a ~63-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 $302,250, this parcel sits in the bottom quartile (<25th 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $378,038 by 2030, with an estimated annual tax burden around $7,121. 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 | 1,200 SF | ✗ |
| 1ST | 1st Floor | 590 SF | ✓ |
| 501 | CANOPY | 60 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% | $2,796.42 | $2,796.42 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,583.84 | $1,583.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,135.99 | $1,135.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $356.72 | $356.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $312.53 | $312.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,185.50 | $6,185.50 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $302,250 | — |
| Assessed Value | — | $302,250 | — |
| Land Value | — | $302,250 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $302,250 | — |
| Total Tax | Pending certification |
~$6,186
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $302,250 | $302,250 | — | — | $302,250 | $302,250 | ~$6,186 | Partial |
| 2024 | $302,250 | — | — | −$20,088 | $282,162 | $— | $5,592 | Verified |
| 2023 | $261,611 | — | — | — | $302,250 ! | $— | $5,468 | Verified |
| 2022 | $252,882 | — | — | −$11,082 | $241,800 | $— | $5,167 | Verified |
| 2021 | $252,715 | — | — | −$10,915 | $241,800 | $— | $5,504 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -8.3% | -8.3% | ~100% | 1.8500% | Verified |
| 2023 | +26.0% | +26.0% | ~100% | 1.6600% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.8% | +4.6% | +15.5% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 115.5% | 2023 | 93.4% | 2024 |
| 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 |
$6,186 | $5,583 | ~$6,740 | $6,186 | 2025 | $5,167 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$316,082 | ~$316,082 | ~2.0139% | ~$6,366 | +4.6% |
| 2027 | ~$330,548 | ~$330,548 | ~1.9814% | ~$6,549 | +9.4% |
| 2028 | ~$345,675 | ~$345,675 | ~1.9488% | ~$6,737 | +14.4% |
| 2029 | ~$361,494 | ~$361,494 | ~1.9163% | ~$6,927 | +19.6% |
| 2030 | ~$378,038 | ~$378,038 | ~1.8837% | ~$7,121 | +25.1% |
| 2026 | ~$310,037 | ~$310,037 | ~2.0465% | ~$6,345 | +2.6% |
| 2027 | ~$318,025 | ~$318,025 | ~2.0465% | ~$6,508 | +5.2% |
| 2028 | ~$326,219 | ~$326,219 | ~2.0465% | ~$6,676 | +7.9% |
| 2029 | ~$334,624 | ~$334,624 | ~2.0465% | ~$6,848 | +10.7% |
| 2030 | ~$343,245 | ~$343,245 | ~2.0465% | ~$7,024 | +13.6% |
| 2026 | ~$322,127 | ~$322,127 | ~1.9977% | ~$6,435 | +6.6% |
| 2027 | ~$343,312 | ~$343,312 | ~1.9488% | ~$6,691 | +13.6% |
| 2028 | ~$365,889 | ~$365,889 | ~1.9000% | ~$6,952 | +21.1% |
| 2029 | ~$389,952 | ~$389,952 | ~1.8512% | ~$7,219 | +29.0% |
| 2030 | ~$415,597 | ~$415,597 | ~1.8024% | ~$7,491 | +37.5% |
In 2025, this property's market value of $302,250 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -79% 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 | $302,250 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $302,250 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $261,611 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $252,882 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $252,715 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.