4501 E M L KING JR BLVD TX 78721
| Owner | ANDERSON RODNEY M |
|---|---|
| Parcel ID | 0212200704 |
| Short ID | 204733 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,864 SF |
| Land SF | 17,600 SF |
| Acres | 0.404 |
| Year Built | 1964 |
| Legal | LOT 11 OLT 19 DIV B LOT 12 * LESS N 10' GRANT PARK |
| Neighborhood | 30CEN |
| Land | $704,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $704,000 |
| Improvement | $104,094 |
|---|---|
| Total Improvement | $104,094 |
| Market | $808,094 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $808,094 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $808,094 |
| Taxable Value | $808,094 |
|---|
Appreciation: Market value has risen +24.3% from $650,000 (2021) to $808,094 (2025), a CAGR of 5.6% 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 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 $16,538. 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 87% of market value ($704,000 land vs $104,094 improvements), about $40/SF of land. With value concentrated in the land under a ~62-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 $808,094, this parcel sits in the lower-middle (25th–50th 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,060,834 by 2030, with an estimated annual tax burden around $19,983. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,900 SF | ✗ |
| 1ST | 1st Floor | 3,864 SF | ✓ |
| 501 | CANOPY | 1,605 SF | ✗ |
| 581C | STORAGE ATT COMM | 180 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% | $7,476.49 | $7,476.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,234.55 | $4,234.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,037.18 | $3,037.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $953.74 | $953.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $835.57 | $835.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,537.53 | $16,537.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $814,485 | $808,094 | +0.8% |
| Assessed Value | $814,485 | $808,094 | +0.8% |
| Land Value | $704,000 | $704,000 | +0.0% |
| Improvement Value | $110,485 | $104,094 | +6.1% |
| Taxable Value | $814,485 | $808,094 | +0.8% |
| Total Tax 2026 = estimate |
~$16,668
Estimated
|
~$16,538
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $814,485 | $814,485 | +0 (+0.0%) |
| Taxable Value | $814,485 | $814,485 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $814,485 | $704,000 | $110,485 | — | $814,485 | $814,485 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $808,094 | $704,000 | $104,094 | — | $808,094 | $808,094 | ~$16,538 | Partial |
| 2024 | $809,000 | — | — | −$105,000 | $704,000 | $— | $14,976 | Verified |
| 2023 | $657,406 | — | — | — | $704,000 ! | $— | $14,637 | Verified |
| 2022 | $639,250 | — | — | −$199,250 | $440,000 | $— | $12,983 | Verified |
| 2021 | $650,000 | — | — | −$298,000 | $352,000 | $— | $13,914 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.8500% | Verified |
| 2023 | +23.1% | +23.1% | ~100% | 1.8100% | Verified |
| 2022 | +2.8% | +2.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +5.0% | +5.4% | +23.1% | 2024 | -1.7% | 2022 |
| Assessment Ratio | 100.0% | 86.2% | — | 107.1% | 2023 | 54.2% | 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 |
$16,538 | $14,610 | ~$18,563 | $16,538 | 2025 | $12,983 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$853,295 | ~$853,295 | ~2.0139% | ~$17,185 | +5.6% |
| 2027 | ~$901,024 | ~$901,024 | ~1.9814% | ~$17,853 | +11.5% |
| 2028 | ~$951,422 | ~$951,422 | ~1.9488% | ~$18,542 | +17.7% |
| 2029 | ~$1,004,640 | ~$1,004,640 | ~1.9163% | ~$19,252 | +24.3% |
| 2030 | ~$1,060,834 | ~$1,060,834 | ~1.8837% | ~$19,983 | +31.3% |
| 2026 | ~$837,133 | ~$837,133 | ~2.0465% | ~$17,132 | +3.6% |
| 2027 | ~$867,215 | ~$867,215 | ~2.0465% | ~$17,747 | +7.3% |
| 2028 | ~$898,378 | ~$898,378 | ~2.0465% | ~$18,385 | +11.2% |
| 2029 | ~$930,661 | ~$930,661 | ~2.0465% | ~$19,046 | +15.2% |
| 2030 | ~$964,105 | ~$964,105 | ~2.0465% | ~$19,730 | +19.3% |
| 2026 | ~$869,457 | ~$869,457 | ~1.9977% | ~$17,369 | +7.6% |
| 2027 | ~$935,479 | ~$935,479 | ~1.9488% | ~$18,231 | +15.8% |
| 2028 | ~$1,006,514 | ~$1,006,514 | ~1.9000% | ~$19,124 | +24.6% |
| 2029 | ~$1,082,944 | ~$1,082,944 | ~1.8512% | ~$20,047 | +34.0% |
| 2030 | ~$1,165,177 | ~$1,165,177 | ~1.8024% | ~$21,001 | +44.2% |
In 2025, this property's market value of $808,094 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% 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 | $808,094 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $809,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $657,406 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $639,250 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $650,000 | $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.