4509 E M L KING JR BLVD TX 78721
| Owner | ZAYA & MESAFE LLC |
|---|---|
| Parcel ID | 0212200708 |
| Short ID | 204736 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,114 SF |
| Land SF | 14,409 SF |
| Acres | 0.331 |
| Year Built | 1965 |
| Legal | 0.3308 AC OF LOT 1 OLT 19 DIV B GRANT PARK |
| Neighborhood | 48CEN |
| Land | $576,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $576,360 |
| Improvement | $326,006 |
|---|---|
| Total Improvement | $326,006 |
| Market | $902,366 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $902,366 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $902,366 |
| Taxable Value | $902,366 |
|---|
Appreciation: Market value has risen +74.7% from $516,648 (2021) to $902,366 (2025), a CAGR of 15.0% 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 $18,467. 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 64% of market value ($576,360 land vs $326,006 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $902,366, 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 +15.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,811,831 by 2030, with an estimated annual tax burden around $27,376. 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 | 10,500 SF | ✗ |
| 1ST | 1st Floor | 2,114 SF | ✓ |
| 501 | CANOPY | 960 SF | ✗ |
| SO | Sketch Only | 960 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% | $8,348.69 | $8,348.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,728.55 | $4,728.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,391.50 | $3,391.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,065.00 | $1,065.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $933.05 | $933.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,466.79 | $18,466.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $920,789 | $902,366 | +2.0% |
| Assessed Value | $920,789 | $902,366 | +2.0% |
| Land Value | $576,360 | $576,360 | +0.0% |
| Improvement Value | $344,429 | $326,006 | +5.7% |
| Taxable Value | $920,789 | $902,366 | +2.0% |
| Total Tax 2026 = estimate |
~$18,844
Estimated
|
~$18,467
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $920,789 | $920,789 | +0 (+0.0%) |
| Taxable Value | $920,789 | $920,789 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $920,789 | $576,360 | $344,429 | — | $920,789 | $920,789 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $902,366 | $576,360 | $326,006 | — | $902,366 | $902,366 | ~$18,467 | Partial |
| 2024 | $906,440 | — | — | −$330,080 | $576,360 | $— | $17,866 | Verified |
| 2023 | $592,577 | — | — | −$16,217 | $576,360 | $— | $16,400 | Verified |
| 2022 | $520,532 | — | — | −$160,307 | $360,225 | $— | $11,703 | Verified |
| 2021 | $516,648 | — | — | −$228,468 | $288,180 | $— | $11,330 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 1.9800% | Verified |
| 2023 | +53.0% | +53.0% | ~100% | 1.8100% | Verified |
| 2022 | +13.8% | +13.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | +13.8% | +14.5% | +53.0% | 2024 | -0.4% | 2025 |
| Assessment Ratio | 100.0% | 81.0% | — | 100.0% | 2025 | 55.8% | 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 |
$18,467 | $15,153 | ~$23,545 | $18,467 | 2025 | $11,330 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,037,361 | ~$992,603 | ~2.0139% | ~$19,990 | +15.0% |
| 2027 | ~$1,192,550 | ~$1,091,863 | ~1.9814% | ~$21,634 | +32.2% |
| 2028 | ~$1,370,957 | ~$1,201,049 | ~1.9488% | ~$23,407 | +51.9% |
| 2029 | ~$1,576,053 | ~$1,321,154 | ~1.9163% | ~$25,317 | +74.7% |
| 2030 | ~$1,811,831 | ~$1,453,269 | ~1.8837% | ~$27,376 | +100.8% |
| 2026 | ~$1,019,313 | ~$992,603 | ~2.0465% | ~$20,313 | +13.0% |
| 2027 | ~$1,151,417 | ~$1,091,863 | ~2.0465% | ~$22,345 | +27.6% |
| 2028 | ~$1,300,641 | ~$1,201,049 | ~2.0465% | ~$24,579 | +44.1% |
| 2029 | ~$1,469,205 | ~$1,321,154 | ~2.0465% | ~$27,037 | +62.8% |
| 2030 | ~$1,659,615 | ~$1,453,269 | ~2.0465% | ~$29,741 | +83.9% |
| 2026 | ~$1,055,408 | ~$992,603 | ~1.9977% | ~$19,829 | +17.0% |
| 2027 | ~$1,234,406 | ~$1,091,863 | ~1.9488% | ~$21,279 | +36.8% |
| 2028 | ~$1,443,762 | ~$1,201,049 | ~1.9000% | ~$22,820 | +60.0% |
| 2029 | ~$1,688,625 | ~$1,321,154 | ~1.8512% | ~$24,457 | +87.1% |
| 2030 | ~$1,975,016 | ~$1,453,269 | ~1.8024% | ~$26,193 | +118.9% |
In 2025, this property's market value of $902,366 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -36% 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 | $902,366 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $906,440 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $592,577 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $520,532 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $516,648 | $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.