4905 AIRPORT BLVD TX 78751
| Owner | HANSEN RUTH KING & DUNSON N KING JR & |
|---|---|
| Parcel ID | 0222111708 |
| Short ID | 220273 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 762 SF |
| Land SF | 14,904 SF |
| Acres | 0.342 |
| Year Built | 1955 |
| Legal | LOT 1A RESUB NO 2 PART OF BLK B NORTH HARMON TERRACE |
| Neighborhood | 33CEN |
| Land | $1,043,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,043,280 |
| Improvement | $15,872 |
|---|---|
| Total Improvement | $15,872 |
| Market | $1,059,152 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,059,152 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,059,152 |
| Taxable Value | $1,059,152 |
|---|
Appreciation: Market value has risen +52.6% from $694,034 (2021) to $1,059,152 (2025), a CAGR of 11.1% 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 $21,675. 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 99% of market value ($1,043,280 land vs $15,872 improvements), about $70/SF of land. With value concentrated in the land under a ~71-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 $1,059,152, 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 +11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,796,512 by 2030, with an estimated annual tax burden around $32,132. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,126 SF | ✗ |
| 1ST | 1st Floor | 762 SF | ✓ |
| 611 | TERRACE | 400 SF | ✗ |
| 511 | DECK | 399 SF | ✗ |
| 501 | CANOPY | 210 SF | ✗ |
| 541 | FENCE COMM LF | 30 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% | $9,799.27 | $9,799.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,550.14 | $5,550.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,980.77 | $3,980.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,250.04 | $1,250.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,095.16 | $1,095.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,675.38 | $21,675.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,059,152 | $1,059,152 | +0.0% |
| Assessed Value | $1,059,152 | $1,059,152 | +0.0% |
| Land Value | $1,043,280 | $1,043,280 | +0.0% |
| Improvement Value | $15,872 | $15,872 | +0.0% |
| Taxable Value | $1,059,152 | $1,059,152 | +0.0% |
| Total Tax 2026 = estimate |
~$21,675
Estimated
|
~$21,675
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,060,129 | $1,059,152 | -977 (-0.1%) |
| Taxable Value | $1,060,129 | $1,059,152 | -977 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,059,152 | $1,043,280 | $15,872 | — | $1,059,152 | $1,059,152 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,059,152 | $1,043,280 | $15,872 | — | $1,059,152 | $1,059,152 | ~$21,675 | Partial |
| 2024 | $913,000 | — | — | — | $1,043,280 ! | $— | $20,987 | Verified |
| 2023 | $682,500 | — | — | — | $913,000 ! | $— | $16,518 | Verified |
| 2022 | $694,439 | — | — | −$23,759 | $670,680 | $— | $13,479 | Verified |
| 2021 | $694,034 | — | — | −$23,354 | $670,680 | $— | $15,116 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +16.0% | +16.0% | ~100% | 1.9800% | Verified |
| 2023 | +31.5% | +31.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.6% | +11.1% | +33.8% | 2024 | -1.7% | 2023 |
| Assessment Ratio | 100.0% | 106.9% | — | 133.8% | 2023 | 96.6% | 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 |
$21,675 | $17,555 | ~$27,636 | $21,675 | 2025 | $13,479 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,177,207 | ~$1,165,067 | ~2.0139% | ~$23,464 | +11.1% |
| 2027 | ~$1,308,420 | ~$1,281,574 | ~1.9814% | ~$25,393 | +23.5% |
| 2028 | ~$1,454,258 | ~$1,409,731 | ~1.9488% | ~$27,473 | +37.3% |
| 2029 | ~$1,616,352 | ~$1,550,704 | ~1.9163% | ~$29,716 | +52.6% |
| 2030 | ~$1,796,512 | ~$1,705,775 | ~1.8837% | ~$32,132 | +69.6% |
| 2026 | ~$1,156,024 | ~$1,156,024 | ~2.0465% | ~$23,658 | +9.1% |
| 2027 | ~$1,261,755 | ~$1,261,755 | ~2.0465% | ~$25,822 | +19.1% |
| 2028 | ~$1,377,157 | ~$1,377,157 | ~2.0465% | ~$28,183 | +30.0% |
| 2029 | ~$1,503,114 | ~$1,503,114 | ~2.0465% | ~$30,761 | +41.9% |
| 2030 | ~$1,640,591 | ~$1,640,591 | ~2.0465% | ~$33,574 | +54.9% |
| 2026 | ~$1,198,390 | ~$1,165,067 | ~1.9977% | ~$23,274 | +13.1% |
| 2027 | ~$1,355,932 | ~$1,281,574 | ~1.9488% | ~$24,976 | +28.0% |
| 2028 | ~$1,534,184 | ~$1,409,731 | ~1.9000% | ~$26,785 | +44.9% |
| 2029 | ~$1,735,870 | ~$1,550,704 | ~1.8512% | ~$28,707 | +63.9% |
| 2030 | ~$1,964,070 | ~$1,705,775 | ~1.8024% | ~$30,744 | +85.4% |
In 2025, this property's market value of $1,059,152 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -25% 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 | $1,059,152 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $913,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $682,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $694,439 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $694,034 | $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.