1660 E 51 ST TX 78723
| Owner | SPEEDY STOP FOOD STORES LTD |
|---|---|
| Parcel ID | 0219150205 |
| Short ID | 215172 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 16,510 SF |
| Land SF | 159,578 SF |
| Acres | 3.663 |
| Year Built | 1983 |
| Legal | LOT 18A,19A,19B RESUB OF PT OF LOT 18&19 RIDGETOP GARDENS |
| Neighborhood | 48CEN |
| Land | $12,766,216 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,766,216 |
| Improvement | $2,531,784 |
|---|---|
| Total Improvement | $2,531,784 |
| Market | $15,298,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,298,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,298,000 |
| Taxable Value | $15,298,000 |
|---|
Appreciation: Market value has risen +61.4% from $9,477,000 (2021) to $15,298,000 (2025), a CAGR of 12.7% over 4 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 +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 $313,071. 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 83% of market value ($12,766,216 land vs $2,531,784 improvements), about $80/SF of land. With value concentrated in the land under a ~43-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 $15,298,000, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,834,881 by 2030, with an estimated annual tax burden around $464,109. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 68,330 SF | ✗ |
| 1ST | 1st Floor | 16,510 SF | ✓ |
| 501 | CANOPY | 7,138 SF | ✗ |
| 881 | COMMCL FINISHOUT | 5,100 SF | ✓ |
| 403 | CARWASH DRIVE-THRU | 3,776 SF | ✓ |
| 611 | TERRACE | 1,460 SF | ✗ |
| 591 | MASONRY TRIM SF | 800 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $141,537.10 | $141,537.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $80,164.12 | $80,164.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $57,496.77 | $57,496.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,055.16 | $18,055.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,818.13 | $15,818.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $313,071.28 | $313,071.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,702,483 | $15,298,000 | +2.6% |
| Assessed Value | $15,702,483 | $15,298,000 | +2.6% |
| Land Value | $12,766,216 | $12,766,216 | +0.0% |
| Improvement Value | $2,936,267 | $2,531,784 | +16.0% |
| Taxable Value | $15,702,483 | $15,298,000 | +2.6% |
| Total Tax 2026 = estimate |
~$321,349
Estimated
|
~$313,071
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,441,221 | $15,702,483 | -738,738 (-4.5%) |
| Taxable Value | $16,441,221 | $15,702,483 | -738,738 (-4.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,702,483 | $12,766,216 | $2,936,267 | — | $15,702,483 | $15,702,483 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,298,000 | $12,766,216 | $2,531,784 | — | $15,298,000 | $15,298,000 | ~$313,071 | Partial |
| 2024 | $14,500,000 | — | — | −$1,733,784 | $12,766,216 | $— | $298,387 | Verified |
| 2023 | $9,476,150 | — | — | — | $12,766,216 ! | $— | $192,204 | Verified |
| 2022 | $9,476,150 | — | — | −$2,295,153 | $7,180,997 | $— | $172,584 | Verified |
| 2021 | $9,477,000 | — | — | −$2,296,003 | $7,180,997 | $— | $183,969 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2025 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2024 | +3.8% | +3.8% | ~100% | 1.9800% | Verified |
| 2023 | +53.0% | +53.0% | ~100% | 1.3300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8200% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.6% | +12.2% | +12.1% | +53.0% | 2024 | +-0.0% | 2022 |
| Assessment Ratio | 100.0% | 95.7% | — | 134.7% | 2023 | 75.8% | 2021 |
| 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 |
$313,071 | $232,043 | ~$399,160 | $313,071 | 2025 | $172,584 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$17,243,507 | ~$16,827,800 | ~2.0139% | ~$338,901 | +12.7% |
| 2027 | ~$19,436,432 | ~$18,510,580 | ~1.9814% | ~$366,766 | +27.1% |
| 2028 | ~$21,908,240 | ~$20,361,638 | ~1.9488% | ~$396,816 | +43.2% |
| 2029 | ~$24,694,397 | ~$22,397,802 | ~1.9163% | ~$429,207 | +61.4% |
| 2030 | ~$27,834,881 | ~$24,637,582 | ~1.8837% | ~$464,109 | +82.0% |
| 2026 | ~$16,937,547 | ~$16,827,800 | ~2.0465% | ~$344,378 | +10.7% |
| 2027 | ~$18,752,811 | ~$18,510,580 | ~2.0465% | ~$378,816 | +22.6% |
| 2028 | ~$20,762,624 | ~$20,361,638 | ~2.0465% | ~$416,698 | +35.7% |
| 2029 | ~$22,987,836 | ~$22,397,802 | ~2.0465% | ~$458,368 | +50.3% |
| 2030 | ~$25,451,534 | ~$24,637,582 | ~2.0465% | ~$504,204 | +66.4% |
| 2026 | ~$17,549,467 | ~$16,827,800 | ~1.9977% | ~$336,163 | +14.7% |
| 2027 | ~$20,132,292 | ~$18,510,580 | ~1.9488% | ~$360,741 | +31.6% |
| 2028 | ~$23,095,240 | ~$20,361,638 | ~1.9000% | ~$386,875 | +51.0% |
| 2029 | ~$26,494,258 | ~$22,397,802 | ~1.8512% | ~$414,627 | +73.2% |
| 2030 | ~$30,393,523 | ~$24,637,582 | ~1.8024% | ~$444,061 | +98.7% |
In 2025, this property's market value of $15,298,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,298,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $14,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,476,150 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,476,150 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,477,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.