1000 41 ST 78751
| Owner | REGENCY CENTERS L P |
|---|---|
| Parcel ID | 0218091404 |
| Short ID | 954422 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 3,202 SF |
| Land SF | 29,837 SF |
| Acres | 0.685 |
| Year Built | 2001 |
| Legal | HANCOCK CENTER CONDOMINIUM UNT 2A 2%INT IN COMMON AREA |
| Neighborhood | CEN |
| Land | $1,118,894 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,118,894 |
| Improvement | $579,648 |
|---|---|
| Total Improvement | $579,648 |
| Market | $1,698,542 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,698,542 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,698,542 |
| Taxable Value | $1,698,542 |
|---|
Appreciation: Market value has risen +18.5% from $1,433,744 (2023) to $1,698,542 (2025), a CAGR of 8.8% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +0.2%, 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 $34,760. 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 66% of market value ($1,118,894 land vs $579,648 improvements), about $38/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,698,542, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,594,705 by 2030, with an estimated annual tax burden around $48,878. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,720 SF | ✗ |
| 1ST | 1st Floor | 3,202 SF | ✓ |
| 482 | LIGHT POLES | 7 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% | $15,714.91 | $15,714.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,900.65 | $8,900.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,383.89 | $6,383.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,004.67 | $2,004.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,756.29 | $1,756.29 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,760.41 | $34,760.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,680,800 | $1,698,542 | -1.0% |
| Assessed Value | $1,680,800 | $1,698,542 | -1.0% |
| Land Value | $1,112,819 | $1,118,894 | -0.5% |
| Improvement Value | $567,981 | $579,648 | -2.0% |
| Taxable Value | $1,680,800 | $1,698,542 | -1.0% |
| Total Tax 2026 = estimate |
~$34,397
Estimated
|
~$34,760
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,680,800 | $1,680,800 | +0 (+0.0%) |
| Taxable Value | $1,680,800 | $1,680,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,680,800 | $1,112,819 | $567,981 | — | $1,680,800 | $1,680,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,698,542 | $1,118,894 | $579,648 | — | $1,698,542 | $1,698,542 | ~$34,760 | Partial |
| 2024 | $1,779,000 | — | — | −$660,106 | $1,118,894 | $— | $31,949 | Verified |
| 2023 | $1,433,744 | — | — | −$314,850 | $1,118,894 | $— | $32,186 | Verified |
| 2022 | $— | — | — | — | $1,118,894 | $— | $28,315 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2025 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2024 | -9.4% | -9.4% | ~100% | 1.9800% | Verified |
| 2023 | +24.1% | +24.1% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.0% | +6.2% | +9.1% | +24.1% | 2024 | -4.5% | 2025 |
| Assessment Ratio | 100.0% | 85.2% | — | 100.0% | 2025 | 62.9% | 2024 |
| 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 |
$34,760 | $32,965 | ~$42,869 | $34,760 | 2025 | $31,949 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,848,752 | ~$1,848,752 | ~2.0139% | ~$37,233 | +8.8% |
| 2027 | ~$2,012,246 | ~$2,012,246 | ~1.9814% | ~$39,870 | +18.5% |
| 2028 | ~$2,190,198 | ~$2,190,198 | ~1.9488% | ~$42,683 | +28.9% |
| 2029 | ~$2,383,887 | ~$2,383,887 | ~1.9163% | ~$45,682 | +40.3% |
| 2030 | ~$2,594,705 | ~$2,594,705 | ~1.8837% | ~$48,878 | +52.8% |
| 2026 | ~$1,814,781 | ~$1,814,781 | ~2.0465% | ~$37,139 | +6.8% |
| 2027 | ~$1,938,975 | ~$1,938,975 | ~2.0465% | ~$39,681 | +14.2% |
| 2028 | ~$2,071,668 | ~$2,071,668 | ~2.0465% | ~$42,396 | +22.0% |
| 2029 | ~$2,213,442 | ~$2,213,442 | ~2.0465% | ~$45,298 | +30.3% |
| 2030 | ~$2,364,918 | ~$2,364,918 | ~2.0465% | ~$48,398 | +39.2% |
| 2026 | ~$1,882,723 | ~$1,868,396 | ~1.9977% | ~$37,324 | +10.8% |
| 2027 | ~$2,086,875 | ~$2,055,236 | ~1.9488% | ~$40,053 | +22.9% |
| 2028 | ~$2,313,164 | ~$2,260,759 | ~1.9000% | ~$42,955 | +36.2% |
| 2029 | ~$2,563,992 | ~$2,486,835 | ~1.8512% | ~$46,036 | +51.0% |
| 2030 | ~$2,842,017 | ~$2,735,519 | ~1.8024% | ~$49,304 | +67.3% |
In 2025, this property's market value of $1,698,542 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +20% 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 | $1,698,542 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,779,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,433,744 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
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.