3900 N INTERSTATE HY 35 TX 78751
| Owner | STATE OF TEXAS |
|---|---|
| Parcel ID | 0217090814 |
| Short ID | 211878 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 2,146 SF |
| Land SF | 21,240 SF |
| Acres | 0.488 |
| Year Built | 1967 |
| Legal | LOT 1 RESUB OF PART OF LOT 2-3 RESUB OF S1/2 BLK 9 OLT 20-21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | 58CEN |
| Land | $3,610,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,610,800 |
| Improvement | $523,309 |
|---|---|
| Total Improvement | $523,309 |
| Market | $4,134,109 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,134,109 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,134,109 |
| Taxable Value | $4,134,109 |
|---|
Appreciation: Market value has risen +150.1% from $1,652,898 (2021) to $4,134,109 (2025), a CAGR of 25.8% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
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 87% of market value ($3,610,800 land vs $523,309 improvements), about $170/SF of land. With value concentrated in the land under a ~59-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 $4,134,109, this parcel sits in the top quartile (≥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 +25.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,003,245 by 2030, with an estimated annual tax burden around $0. 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 | 6,300 SF | ✗ |
| 1ST | 1st Floor | 2,146 SF | ✓ |
| 501 | CANOPY | 748 SF | ✗ |
| 503 | CANOPY - BANK | 468 SF | ✗ |
Market value changed by 177% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,161,780 | $4,134,109 | +0.7% |
| Assessed Value | $4,161,780 | $4,134,109 | +0.7% |
| Land Value | $3,610,800 | $3,610,800 | +0.0% |
| Improvement Value | $550,980 | $523,309 | +5.3% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,161,780 | $4,161,780 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,161,780 | $3,610,800 | $550,980 | — | $4,161,780 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,134,109 | $3,610,800 | $523,309 | — | $4,134,109 | $— | not in county billing file ⓘ | Partial |
| 2024 | $4,039,985 | — | — | −$429,185 | $3,610,800 | $— | $77,469 | Verified |
| 2023 | $4,601,182 | — | — | −$990,382 | $3,610,800 | $— | $73,093 | Verified |
| 2022 | $1,659,031 | — | — | — | $4,248,000 ! | $— | $90,870 | Verified |
| 2021 | $1,652,898 | — | — | −$378,498 | $1,274,400 | $— | $36,112 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2024 | -3.2% | -3.2% | ~100% | 1.9800% | Verified |
| 2023 | -12.2% | -12.2% | ~100% | 1.8100% | Verified |
| 2022 | +177.3% ! | +177.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +149.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +33.7% | +25.6% | +177.3% | 2023 | -12.2% | 2024 |
| Assessment Ratio | 100.0% | 116.9% | — | 256.1% | 2022 | 77.1% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $77,469 | $69,386 | — | $90,870 | 2022 | $36,112 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,198,953 | ~$4,547,520 | ~0.0000% | ~$0 | +25.8% |
| 2027 | ~$6,538,074 | ~$5,002,272 | ~0.0000% | ~$0 | +58.1% |
| 2028 | ~$8,222,120 | ~$5,502,499 | ~0.0000% | ~$0 | +98.9% |
| 2029 | ~$10,339,935 | ~$6,052,749 | ~0.0000% | ~$0 | +150.1% |
| 2030 | ~$13,003,245 | ~$6,658,024 | ~0.0000% | ~$0 | +214.5% |
| 2026 | ~$5,116,271 | ~$4,547,520 | ~0.0000% | ~$0 | +23.8% |
| 2027 | ~$6,331,770 | ~$5,002,272 | ~0.0000% | ~$0 | +53.2% |
| 2028 | ~$7,836,041 | ~$5,502,499 | ~0.0000% | ~$0 | +89.5% |
| 2029 | ~$9,697,691 | ~$6,052,749 | ~0.0000% | ~$0 | +134.6% |
| 2030 | ~$12,001,622 | ~$6,658,024 | ~0.0000% | ~$0 | +190.3% |
| 2026 | ~$5,281,635 | ~$4,547,520 | ~0.0000% | ~$0 | +27.8% |
| 2027 | ~$6,747,686 | ~$5,002,272 | ~0.0000% | ~$0 | +63.2% |
| 2028 | ~$8,620,677 | ~$5,502,499 | ~0.0000% | ~$0 | +108.5% |
| 2029 | ~$11,013,563 | ~$6,052,749 | ~0.0000% | ~$0 | +166.4% |
| 2030 | ~$14,070,655 | ~$6,658,024 | ~0.0000% | ~$0 | +240.4% |
In 2025, this property's market value of $4,134,109 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +192% 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 | $4,134,109 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,039,985 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,601,182 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $1,659,031 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,652,898 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |