620 W 29 ST TX 78705
| Owner | BR HOLDINGS-W 29TH ST LLC |
|---|---|
| Parcel ID | 0217021614 |
| Short ID | 211437 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,088 SF |
| Land SF | 10,553 SF |
| Acres | 0.242 |
| Year Built | 1962 |
| Legal | LOT 1-2 BLK 2 OLT 72 DIV D HARPERS RESUB |
| Neighborhood | 48CEN |
| Land | $1,055,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,055,300 |
| Improvement | $196,837 |
|---|---|
| Total Improvement | $196,837 |
| Market | $1,252,137 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,252,137 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,252,137 |
| Taxable Value | $1,252,137 |
|---|
Appreciation: Market value has risen +27.2% from $984,000 (2021) to $1,252,137 (2025), a CAGR of 6.2% over 4 years. This represents moderate, steady growth. 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 $25,625. 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 84% of market value ($1,055,300 land vs $196,837 improvements), about $100/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 $1,252,137, 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,692,282 by 2030, with an estimated annual tax burden around $31,878. 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 | 6,836 SF | ✗ |
| 1ST | 1st Floor | 2,088 SF | ✓ |
| 611 | TERRACE | 680 SF | ✗ |
| 501 | CANOPY | 580 SF | ✗ |
| 581C | STORAGE ATT COMM | 360 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% | $10,189.23 | $10,189.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,771.00 | $5,771.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,139.18 | $4,139.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,299.79 | $1,299.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,138.74 | $1,138.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,537.94 | $22,537.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,115,347 | $1,252,137 | -10.9% |
| Assessed Value | $1,115,347 | $1,252,137 | -10.9% |
| Land Value | $1,055,300 | $1,055,300 | +0.0% |
| Improvement Value | $60,047 | $196,837 | -69.5% |
| Taxable Value | $1,115,347 | $1,252,137 | -10.9% |
| Total Tax 2026 = estimate |
~$22,825
Estimated
|
~$22,538
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,266,184 | $1,115,347 | -150,837 (-11.9%) |
| Taxable Value | $1,266,184 | $1,115,347 | -150,837 (-11.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,115,347 | $1,055,300 | $60,047 | — | $1,115,347 | $1,115,347 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,252,137 | $1,055,300 | $196,837 | — | $1,252,137 | $1,252,137 | ~$22,538 | Partial |
| 2024 | $1,101,300 | — | — | −$46,000 | $1,055,300 | $— | $21,826 | Verified |
| 2023 | $1,029,955 | — | — | — | $1,055,300 ! | $— | $19,925 | Verified |
| 2022 | $1,038,820 | — | — | −$141,815 | $897,005 | $— | $20,355 | Verified |
| 2021 | $984,000 | — | — | −$86,995 | $897,005 | $— | $22,612 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | +13.7% | +13.7% | ~100% | Not available | Partial |
| 2024 | -12.2% | -12.2% | ~100% | 1.9800% | Verified |
| 2023 | +20.1% | +20.1% | ~100% | 1.5900% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.9% | +2.9% | +8.8% | +13.7% | 2025 | -10.9% | 2026 |
| Assessment Ratio | 100.0% | 96.0% | — | 102.5% | 2023 | 86.3% | 2022 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,538 | $21,451 | ~$29,283 | $22,612 | 2021 | $19,925 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,329,891 | ~$1,329,891 | ~2.0139% | ~$26,783 | +6.2% |
| 2027 | ~$1,412,473 | ~$1,412,473 | ~1.9814% | ~$27,987 | +12.8% |
| 2028 | ~$1,500,184 | ~$1,500,184 | ~1.9488% | ~$29,236 | +19.8% |
| 2029 | ~$1,593,341 | ~$1,593,341 | ~1.9163% | ~$30,533 | +27.2% |
| 2030 | ~$1,692,282 | ~$1,692,282 | ~1.8837% | ~$31,878 | +35.2% |
| 2026 | ~$1,304,848 | ~$1,304,848 | ~2.0465% | ~$26,704 | +4.2% |
| 2027 | ~$1,359,778 | ~$1,359,778 | ~2.0465% | ~$27,828 | +8.6% |
| 2028 | ~$1,417,021 | ~$1,417,021 | ~2.0465% | ~$28,999 | +13.2% |
| 2029 | ~$1,476,673 | ~$1,476,673 | ~2.0465% | ~$30,220 | +17.9% |
| 2030 | ~$1,538,837 | ~$1,538,837 | ~2.0465% | ~$31,492 | +22.9% |
| 2026 | ~$1,354,934 | ~$1,354,934 | ~1.9977% | ~$27,067 | +8.2% |
| 2027 | ~$1,466,170 | ~$1,466,170 | ~1.9488% | ~$28,573 | +17.1% |
| 2028 | ~$1,586,538 | ~$1,586,538 | ~1.9000% | ~$30,144 | +26.7% |
| 2029 | ~$1,716,788 | ~$1,716,788 | ~1.8512% | ~$31,781 | +37.1% |
| 2030 | ~$1,857,731 | ~$1,857,731 | ~1.8024% | ~$33,483 | +48.4% |
In 2025, this property's market value of $1,252,137 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -12% 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 | $1,252,137 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,101,300 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,029,955 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,038,820 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $984,000 | $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.