2908 N INTERSTATE HY 35 TX
| Owner | SETTLERS LANDING LTD |
|---|---|
| Parcel ID | 0214070323 |
| Short ID | 206916 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,000 SF |
| Land SF | 7,250 SF |
| Acres | 0.166 |
| Year Built | 1962 |
| Legal | LOT 1 OLT 23 DIV C COLE STREET ADDN |
| Neighborhood | 53CEN |
| Land | $1,450,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,450,000 |
| Improvement | $238,058 |
|---|---|
| Total Improvement | $238,058 |
| Market | $1,688,058 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,688,058 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,688,058 |
| Taxable Value | $1,688,058 |
|---|
Appreciation: Market value has risen +54.2% from $1,095,000 (2021) to $1,688,058 (2025), a CAGR of 11.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), 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 $34,546. 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 86% of market value ($1,450,000 land vs $238,058 improvements), about $200/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 $1,688,058, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,899,706 by 2030, with an estimated annual tax burden around $51,212. 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 | 4,000 SF | ✗ |
| 1ST | 1st Floor | 3,000 SF | ✓ |
| 501 | CANOPY | 672 SF | ✗ |
| SO | Sketch Only | 672 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% | $15,617.91 | $15,617.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,845.71 | $8,845.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,344.48 | $6,344.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,992.30 | $1,992.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,745.45 | $1,745.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,545.85 | $34,545.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,688,058 | $1,688,058 | +0.0% |
| Assessed Value | $1,688,058 | $1,688,058 | +0.0% |
| Land Value | $1,450,000 | $1,450,000 | +0.0% |
| Improvement Value | $238,058 | $238,058 | +0.0% |
| Taxable Value | $1,688,058 | $1,688,058 | +0.0% |
| Total Tax 2026 = estimate |
~$34,546
Estimated
|
~$34,546
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,958,754 | $1,688,058 | -270,696 (-13.8%) |
| Taxable Value | $1,958,754 | $1,688,058 | -270,696 (-13.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,688,058 | $1,450,000 | $238,058 | — | $1,688,058 | $1,688,058 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,688,058 | $1,450,000 | $238,058 | — | $1,688,058 | $1,688,058 | ~$34,546 | Partial |
| 2024 | $1,961,036 | — | — | −$479,036 | $1,482,000 | $— | $33,454 | Verified |
| 2023 | $1,795,000 | — | — | −$313,000 | $1,482,000 | $— | $35,480 | Verified |
| 2022 | $— | — | — | — | $1,482,000 | $— | $35,450 | Verified |
| 2021 | $1,095,000 | — | — | −$428,100 | $666,900 | $— | $21,452 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.0% | +16.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -19.1% | -19.1% | ~100% | 1.9800% | Verified |
| 2023 | +16.2% | +16.2% | ~100% | 1.7000% | Verified |
| 2022 | +63.9% | +63.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +14.8% | +11.4% | +63.9% | 2023 | -13.9% | 2025 |
| Assessment Ratio | 100.0% | 83.8% | — | 100.0% | 2025 | 60.9% | 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 |
$34,546 | $31,233 | ~$44,045 | $35,480 | 2023 | $21,452 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,880,965 | ~$1,856,864 | ~2.0139% | ~$37,396 | +11.4% |
| 2027 | ~$2,095,917 | ~$2,042,550 | ~1.9814% | ~$40,471 | +24.2% |
| 2028 | ~$2,335,432 | ~$2,246,805 | ~1.9488% | ~$43,787 | +38.4% |
| 2029 | ~$2,602,319 | ~$2,471,486 | ~1.9163% | ~$47,361 | +54.2% |
| 2030 | ~$2,899,706 | ~$2,718,634 | ~1.8837% | ~$51,212 | +71.8% |
| 2026 | ~$1,847,204 | ~$1,847,204 | ~2.0465% | ~$37,803 | +9.4% |
| 2027 | ~$2,021,353 | ~$2,021,353 | ~2.0465% | ~$41,367 | +19.7% |
| 2028 | ~$2,211,921 | ~$2,211,921 | ~2.0465% | ~$45,267 | +31.0% |
| 2029 | ~$2,420,455 | ~$2,420,455 | ~2.0465% | ~$49,534 | +43.4% |
| 2030 | ~$2,648,649 | ~$2,648,649 | ~2.0465% | ~$54,204 | +56.9% |
| 2026 | ~$1,914,726 | ~$1,856,864 | ~1.9977% | ~$37,094 | +13.4% |
| 2027 | ~$2,171,830 | ~$2,042,550 | ~1.9488% | ~$39,806 | +28.7% |
| 2028 | ~$2,463,458 | ~$2,246,805 | ~1.9000% | ~$42,690 | +45.9% |
| 2029 | ~$2,794,245 | ~$2,471,486 | ~1.8512% | ~$45,752 | +65.5% |
| 2030 | ~$3,169,449 | ~$2,718,634 | ~1.8024% | ~$49,000 | +87.8% |
In 2025, this property's market value of $1,688,058 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +19% 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 | $1,688,058 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,961,036 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,795,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $1,095,000 | $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.