3704 N INTERSTATE HY 35 TX
| Owner | SEE FRANCIS H & SHAUK HUON |
|---|---|
| Parcel ID | 0215080823 |
| Short ID | 209061 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,855 SF |
| Land SF | 8,783 SF |
| Acres | 0.202 |
| Year Built | 1955 |
| Legal | 126.77 X 69.28FT BLK 3 OLT 21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | 32CEN |
| Land | $1,493,110 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,493,110 |
| Improvement | $54,186 |
|---|---|
| Total Improvement | $54,186 |
| Market | $1,547,296 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,547,296 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,547,296 |
| Taxable Value | $1,547,296 |
|---|
Appreciation: Market value has risen +110.2% from $736,233 (2021) to $1,547,296 (2025), a CAGR of 20.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $31,665. Austin ISD is the largest single contributor, at 41.1% 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 96% of market value ($1,493,110 land vs $54,186 improvements), about $170/SF of land. With value concentrated in the land under a ~71-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 $1,547,296, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,915,354 by 2030, with an estimated annual tax burden around $46,942. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,855 SF | ✓ |
| 551 | PAVED AREA | 848 SF | ✗ |
| 581C | STORAGE ATT COMM | 798 SF | ✓ |
| 571C | STORAGE DET COMM | 456 SF | ✓ |
| 501 | CANOPY | 196 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% | $8,126.03 | $8,126.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,602.44 | $4,602.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,301.05 | $3,301.05 | Paid |
| 25D | — | — | — | — | — | — | $1,797.43 | $1,797.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,036.60 | $1,036.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $908.16 | $908.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,771.71 | $19,771.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $878,300 | $1,547,296 | -43.2% |
| Assessed Value | $878,300 | $1,547,296 | -43.2% |
| Land Value | $1,493,110 | $1,493,110 | +0.0% |
| Improvement Value | — | $54,186 | — |
| Taxable Value | $878,300 | $1,547,296 | -43.2% |
| Total Tax 2026 = estimate |
~$17,974
Estimated
|
~$19,772
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,551,265 | $878,300 | -672,965 (-43.4%) |
| Taxable Value | $1,053,960 | $878,300 | -175,660 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $878,300 | $1,493,110 | — | — | $878,300 | $878,300 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,547,296 | $1,493,110 | $54,186 | — | $1,547,296 | $1,547,296 | ~$19,772 | Partial |
| 2024 | $1,606,443 | — | — | −$113,333 | $1,493,110 | $— | $31,756 | Verified |
| 2023 | $1,213,801 | — | — | — | $1,493,110 ! | $— | $29,065 | Verified |
| 2022 | $737,207 | — | — | — | $1,213,801 ! | $— | $23,972 | Verified |
| 2021 | $736,233 | — | — | −$77,508 | $658,725 | $— | $16,047 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | -31.9% | 67.9% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | 1.9800% | Verified |
| 2023 | +32.3% | +32.3% | ~100% | 1.8100% | Verified |
| 2022 | +64.6% | +64.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +109.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -43.2% | +10.0% | +38.7% | +64.6% | 2023 | -43.2% | 2026 |
| Assessment Ratio | 100.0% | 111.7% | — | 164.6% | 2022 | 89.5% | 2021 |
| Effective Tax Rate (2025) | 1.2800% | 1.2800% | — | 1.2800% | 2025 | 1.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,772 | $24,122 | ~$40,373 | $31,756 | 2024 | $16,047 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,863,000 | ~$1,702,026 | ~2.0139% | ~$34,278 | +20.4% |
| 2027 | ~$2,243,120 | ~$1,872,228 | ~1.9814% | ~$37,096 | +45.0% |
| 2028 | ~$2,700,797 | ~$2,059,451 | ~1.9488% | ~$40,135 | +74.5% |
| 2029 | ~$3,251,858 | ~$2,265,396 | ~1.9163% | ~$43,412 | +110.2% |
| 2030 | ~$3,915,354 | ~$2,491,936 | ~1.8837% | ~$46,942 | +153.0% |
| 2026 | ~$1,832,054 | ~$1,702,026 | ~2.0465% | ~$34,832 | +18.4% |
| 2027 | ~$2,169,219 | ~$1,872,228 | ~2.0465% | ~$38,315 | +40.2% |
| 2028 | ~$2,568,433 | ~$2,059,451 | ~2.0465% | ~$42,146 | +66.0% |
| 2029 | ~$3,041,118 | ~$2,265,396 | ~2.0465% | ~$46,361 | +96.5% |
| 2030 | ~$3,600,794 | ~$2,491,936 | ~2.0465% | ~$50,997 | +132.7% |
| 2026 | ~$1,893,946 | ~$1,702,026 | ~1.9977% | ~$34,001 | +22.4% |
| 2027 | ~$2,318,259 | ~$1,872,228 | ~1.9488% | ~$36,487 | +49.8% |
| 2028 | ~$2,837,632 | ~$2,059,451 | ~1.9000% | ~$39,130 | +83.4% |
| 2029 | ~$3,473,365 | ~$2,265,396 | ~1.8512% | ~$41,937 | +124.5% |
| 2030 | ~$4,251,524 | ~$2,491,936 | ~1.8024% | ~$44,914 | +174.8% |
In 2025, this property's market value of $1,547,296 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +9% 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 | $1,547,296 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,606,443 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,213,801 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $737,207 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $736,233 | $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.