1301 W 34 ST AUSTIN, TX 78705
| Owner | CORLEY NELSON PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0219010104 |
| Short ID | 214569 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,970 SF |
| Land SF | 6,576 SF |
| Acres | 0.151 |
| Year Built | 1959 |
| Legal | W 48X137FT OF N 1/2 OF BLK 5 WHITTEN ADDN |
| Neighborhood | 20CEN |
| Land | $657,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $657,600 |
| Improvement | $72,400 |
|---|---|
| Total Improvement | $72,400 |
| Market | $730,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $730,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $730,000 |
| Taxable Value | $730,000 |
|---|
Appreciation: Market value has risen +29.0% from $566,000 (2021) to $730,000 (2025), a CAGR of 6.6% over 4 years. This represents moderate, steady growth. 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 +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 $14,939. 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 90% of market value ($657,600 land vs $72,400 improvements), about $100/SF of land. With value concentrated in the land under a ~67-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 $730,000, 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,003,358 by 2030, with an estimated annual tax burden around $18,901. 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 | 2,970 SF | ✓ |
| 551 | PAVED AREA | 2,025 SF | ✗ |
| 501 | CANOPY | 1,170 SF | ✗ |
| 611 | TERRACE | 180 SF | ✗ |
| 541 | FENCE COMM LF | 50 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% | $6,753.96 | $6,753.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,825.32 | $3,825.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,743.67 | $2,743.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $861.57 | $861.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $754.82 | $754.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,939.34 | $14,939.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $701,345 | $730,000 | -3.9% |
| Assessed Value | $701,345 | $730,000 | -3.9% |
| Land Value | $657,600 | $657,600 | +0.0% |
| Improvement Value | $43,745 | $72,400 | -39.6% |
| Taxable Value | $701,345 | $730,000 | -3.9% |
| Total Tax 2026 = estimate |
~$14,353
Estimated
|
~$14,939
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $867,595 | $701,345 | -166,250 (-19.2%) |
| Taxable Value | $867,595 | $701,345 | -166,250 (-19.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $701,345 | $657,600 | $43,745 | — | $701,345 | $701,345 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $730,000 | $657,600 | $72,400 | — | $730,000 | $730,000 | ~$14,939 | Partial |
| 2024 | $730,000 | — | — | −$72,400 | $657,600 | $— | $14,467 | Verified |
| 2023 | $586,735 | — | — | — | $657,600 ! | $— | $13,208 | Verified |
| 2022 | $567,000 | — | — | −$40,920 | $526,080 | $— | $11,588 | Verified |
| 2021 | $566,000 | — | — | −$39,920 | $526,080 | $— | $12,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.8% | +18.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -14.6% | -14.6% | ~100% | 1.9800% | Verified |
| 2023 | +45.7% | +45.7% | ~100% | 1.5500% | Verified |
| 2022 | -14.7% | -14.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +4.8% | +7.4% | +24.4% | 2024 | -3.9% | 2026 |
| Assessment Ratio | 100.0% | 98.0% | — | 112.1% | 2023 | 90.1% | 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 |
$14,939 | $13,309 | ~$17,251 | $14,939 | 2025 | $11,588 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$777,946 | ~$777,946 | ~2.0139% | ~$15,667 | +6.6% |
| 2027 | ~$829,041 | ~$829,041 | ~1.9814% | ~$16,427 | +13.6% |
| 2028 | ~$883,492 | ~$883,492 | ~1.9488% | ~$17,218 | +21.0% |
| 2029 | ~$941,519 | ~$941,519 | ~1.9163% | ~$18,042 | +29.0% |
| 2030 | ~$1,003,358 | ~$1,003,358 | ~1.8837% | ~$18,901 | +37.4% |
| 2026 | ~$763,346 | ~$763,346 | ~2.0465% | ~$15,622 | +4.6% |
| 2027 | ~$798,215 | ~$798,215 | ~2.0465% | ~$16,335 | +9.3% |
| 2028 | ~$834,677 | ~$834,677 | ~2.0465% | ~$17,082 | +14.3% |
| 2029 | ~$872,805 | ~$872,805 | ~2.0465% | ~$17,862 | +19.6% |
| 2030 | ~$912,674 | ~$912,674 | ~2.0465% | ~$18,678 | +25.0% |
| 2026 | ~$792,546 | ~$792,546 | ~1.9977% | ~$15,832 | +8.6% |
| 2027 | ~$860,451 | ~$860,451 | ~1.9488% | ~$16,769 | +17.9% |
| 2028 | ~$934,174 | ~$934,174 | ~1.9000% | ~$17,749 | +28.0% |
| 2029 | ~$1,014,214 | ~$1,014,214 | ~1.8512% | ~$18,775 | +38.9% |
| 2030 | ~$1,101,111 | ~$1,101,111 | ~1.8024% | ~$19,846 | +50.8% |
In 2025, this property's market value of $730,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% 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 | $730,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $730,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $586,735 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $567,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $566,000 | $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.