4927 CRAIGWOOD DR TX 78725
| Owner | DHOUNASALIA INVESTMENT INC |
|---|---|
| Parcel ID | 0213281116 |
| Short ID | 544815 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,520 SF |
| Land SF | 35,284 SF |
| Acres | 0.810 |
| Year Built | 1972 |
| Legal | TRT B CRAIGWOOD COMMERCIAL AREA |
| Neighborhood | 48EAS |
| Land | $705,680 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $705,680 |
| Improvement | $375,424 |
|---|---|
| Total Improvement | $375,424 |
| Market | $1,081,104 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,081,104 |
| Value Limitation Adjustment (−) (homestead cap) | −$273,902 |
| Net Appraised (assessed) | $807,202 |
| Taxable Value | $807,202 |
|---|
Appreciation: Market value has risen +155.8% from $422,567 (2021) to $1,081,104 (2025), a CAGR of 26.5% 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 $16,519. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($807,202) is $273,902 below market value, suggesting potential for an upward assessment in future years.
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 65% of market value ($705,680 land vs $375,424 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,081,104, 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 +26.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,498,101 by 2030, with an estimated annual tax burden around $24,489. 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 | 17,280 SF | ✗ |
| 1ST | 1st Floor | 2,520 SF | ✓ |
| 501 | CANOPY | 2,379 SF | ✗ |
| 611 | TERRACE | 504 SF | ✗ |
Market value changed by 93% in 2024, 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% | $7,468.23 | $7,468.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,229.88 | $4,229.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,033.83 | $3,033.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $952.68 | $952.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $834.65 | $834.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,519.27 | $16,519.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,099,683 | $1,081,104 | +1.7% |
| Assessed Value | $968,642 | $807,202 | +20.0% |
| Land Value | $705,680 | $705,680 | +0.0% |
| Improvement Value | $394,003 | $375,424 | +4.9% |
| Taxable Value | $968,642 | $807,202 | +20.0% |
| HS Cap Loss | -$131,041 | — | |
| Total Tax 2026 = estimate |
~$19,823
Estimated
|
~$16,519
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,099,683 | $1,099,683 | +0 (+0.0%) |
| Taxable Value | $968,642 | $968,642 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,099,683 | $705,680 | $394,003 | −$131,041 | $968,642 | $968,642 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,081,104 | $705,680 | $375,424 | −$273,902 | $807,202 | $807,202 | ~$16,519 | Partial |
| 2024 | $560,557 | — | — | — | $705,680 ! | $— | $13,331 | Verified |
| 2023 | $426,661 | — | — | −$250,241 | $176,420 | $— | $10,142 | Verified |
| 2022 | $426,661 | — | — | −$250,241 | $176,420 | $— | $8,426 | Verified |
| 2021 | $422,567 | — | — | −$246,147 | $176,420 | $— | $9,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.7% | +20.0% | 88.1% | Not available | Partial |
| 2025 | +0.1% | +20.0% | 74.7% | Not available | Partial |
| 2024 | +92.7% ! | +20.0% | 62.3% | 1.2300% | Verified |
| 2023 | +31.4% | +31.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +153.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | +25.4% | +26.0% | +92.9% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 88.1% | 68.8% | — | 125.9% | 2024 | 41.3% | 2022 |
| Effective Tax Rate (2025) | 1.5300% | 1.5300% | — | 1.5300% | 2025 | 1.5300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,519 | $11,541 | ~$21,062 | $16,519 | 2025 | $8,426 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,367,289 | ~$887,922 | ~2.0139% | ~$17,882 | +26.5% |
| 2027 | ~$1,729,233 | ~$976,714 | ~1.9814% | ~$19,352 | +60.0% |
| 2028 | ~$2,186,988 | ~$1,074,386 | ~1.9488% | ~$20,938 | +102.3% |
| 2029 | ~$2,765,918 | ~$1,181,824 | ~1.9163% | ~$22,647 | +155.8% |
| 2030 | ~$3,498,101 | ~$1,300,007 | ~1.8837% | ~$24,489 | +223.6% |
| 2026 | ~$1,345,667 | ~$887,922 | ~2.0465% | ~$18,171 | +24.5% |
| 2027 | ~$1,674,973 | ~$976,714 | ~2.0465% | ~$19,988 | +54.9% |
| 2028 | ~$2,084,866 | ~$1,074,386 | ~2.0465% | ~$21,987 | +92.8% |
| 2029 | ~$2,595,066 | ~$1,181,824 | ~2.0465% | ~$24,186 | +140.0% |
| 2030 | ~$3,230,120 | ~$1,300,007 | ~2.0465% | ~$26,604 | +198.8% |
| 2026 | ~$1,388,911 | ~$887,922 | ~1.9977% | ~$17,738 | +28.5% |
| 2027 | ~$1,784,357 | ~$976,714 | ~1.9488% | ~$19,035 | +65.0% |
| 2028 | ~$2,292,391 | ~$1,074,386 | ~1.9000% | ~$20,414 | +112.0% |
| 2029 | ~$2,945,072 | ~$1,181,824 | ~1.8512% | ~$21,878 | +172.4% |
| 2030 | ~$3,783,580 | ~$1,300,007 | ~1.8024% | ~$23,431 | +250.0% |
In 2025, this property's market value of $1,081,104 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -24% 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 | $1,081,104 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $560,557 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $426,661 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $426,661 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $422,567 | $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.