409 W 30 ST TX 78705
| Owner | FRIENDS OF HEMPHILL PARK LP |
|---|---|
| Parcel ID | 0216041401 |
| Short ID | 210504 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,355 SF |
| Land SF | 11,264 SF |
| Acres | 0.259 |
| Year Built | 1950 |
| Legal | LOT 8&9 BLK 2 OLT 73 DIV D FRUTH ADDN |
| Neighborhood | 32CEN |
| Land | $1,126,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,126,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,115,089 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,115,089 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,115,089 |
| Taxable Value | $1,115,089 |
|---|
Appreciation: Market value has risen +4.7% from $1,064,712 (2021) to $1,115,089 (2025), a CAGR of 1.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→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 lagged 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 $22,820. 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 101% of market value ($1,126,400 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~76-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 $1,115,089, 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 +1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,181,425 by 2030, with an estimated annual tax burden around $22,255. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,368 SF | ✗ |
| 1ST | 1st Floor | 4,091 SF | ✓ |
| 2ND | 2nd Floor | 264 SF | ✓ |
| 501 | CANOPY | 131 SF | ✗ |
| SO | Sketch Only | 72 SF | ✗ |
| 581C | STORAGE ATT COMM | 36 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $10,158.70 | $10,158.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,753.71 | $5,753.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,126.78 | $4,126.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,295.89 | $1,295.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,135.33 | $1,135.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,470.41 | $22,470.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,148,837 | $1,115,089 | +3.0% |
| Assessed Value | $1,148,837 | $1,115,089 | +3.0% |
| Land Value | $1,126,400 | $1,126,400 | +0.0% |
| Improvement Value | $22,437 | — | — |
| Taxable Value | $1,148,837 | $1,115,089 | +3.0% |
| Total Tax 2026 = estimate |
~$23,511
Estimated
|
~$22,470
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,209,302 | $1,148,837 | -60,465 (-5.0%) |
| Taxable Value | $1,209,302 | $1,148,837 | -60,465 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,148,837 | $1,126,400 | $22,437 | — | $1,148,837 | $1,148,837 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,115,089 | $1,126,400 | — | — | $1,115,089 | $1,115,089 | ~$22,470 | Partial |
| 2024 | $1,098,600 | — | — | — | $1,098,600 | $— | $21,772 | Verified |
| 2023 | $1,150,882 | — | — | −$52,282 | $1,098,600 | $— | $19,876 | Verified |
| 2022 | $1,071,888 | — | — | −$114,448 | $957,440 | $— | $22,729 | Verified |
| 2021 | $1,064,712 | — | — | −$107,272 | $957,440 | $— | $23,332 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.4% | +8.4% | ~100% | Not available | Partial |
| 2025 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | -4.5% | -4.5% | ~100% | 1.8100% | Verified |
| 2022 | +7.4% | +7.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | +1.6% | +0.6% | +7.4% | 2023 | -4.5% | 2024 |
| Assessment Ratio | 100.0% | 95.8% | — | 100.0% | 2024 | 89.3% | 2022 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,470 | $22,036 | ~$22,492 | $23,332 | 2021 | $19,876 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,128,051 | ~$1,128,051 | ~2.0139% | ~$22,718 | +1.2% |
| 2027 | ~$1,141,164 | ~$1,141,164 | ~1.9814% | ~$22,611 | +2.3% |
| 2028 | ~$1,154,430 | ~$1,154,430 | ~1.9488% | ~$22,498 | +3.5% |
| 2029 | ~$1,167,850 | ~$1,167,850 | ~1.9163% | ~$22,379 | +4.7% |
| 2030 | ~$1,181,425 | ~$1,181,425 | ~1.8837% | ~$22,255 | +5.9% |
| 2026 | ~$1,105,750 | ~$1,105,750 | ~2.0465% | ~$22,629 | -0.8% |
| 2027 | ~$1,096,488 | ~$1,096,488 | ~2.0465% | ~$22,439 | -1.7% |
| 2028 | ~$1,087,305 | ~$1,087,305 | ~2.0465% | ~$22,252 | -2.5% |
| 2029 | ~$1,078,198 | ~$1,078,198 | ~2.0465% | ~$22,065 | -3.3% |
| 2030 | ~$1,069,168 | ~$1,069,168 | ~2.0465% | ~$21,880 | -4.1% |
| 2026 | ~$1,150,353 | ~$1,150,353 | ~1.9977% | ~$22,980 | +3.2% |
| 2027 | ~$1,186,733 | ~$1,186,733 | ~1.9488% | ~$23,128 | +6.4% |
| 2028 | ~$1,224,262 | ~$1,224,262 | ~1.9000% | ~$23,261 | +9.8% |
| 2029 | ~$1,262,979 | ~$1,262,979 | ~1.8512% | ~$23,380 | +13.3% |
| 2030 | ~$1,302,920 | ~$1,302,920 | ~1.8024% | ~$23,483 | +16.8% |
In 2025, this property's market value of $1,115,089 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -21% 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 | $1,115,089 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,098,600 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,150,882 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,071,888 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,064,712 | $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.