4912 N INTERSTATE HY 35 TX 78723
| Owner | WEHBE NAJIB F |
|---|---|
| Parcel ID | 0222120627 |
| Short ID | 220437 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 2,400 SF |
| Land SF | 6,394 SF |
| Acres | 0.147 |
| Year Built | 1978 |
| Legal | LOT 1-A RESUB OF TRT 1 OMEGA-TERRELL-LYNCH SUBD |
| Neighborhood | 1NC1 |
| Land | $479,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $479,550 |
| Improvement | $49,308 |
|---|---|
| Total Improvement | $49,308 |
| Market | $528,858 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $528,858 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $528,858 |
| Taxable Value | $528,858 |
|---|
Appreciation: Market value has risen +65.9% from $318,855 (2021) to $528,858 (2025), a CAGR of 13.5% 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.
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 $10,823. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 91% of market value ($479,550 land vs $49,308 improvements), about $75/SF of land. With value concentrated in the land under a ~48-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 $528,858, this parcel sits in the bottom quartile (<25th 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 +13.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $995,454 by 2030, with an estimated annual tax burden around $16,044. 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 | 3,000 SF | ✗ |
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,400 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 99% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,514.77 | $4,514.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,557.09 | $2,557.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,834.04 | $1,834.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $575.93 | $575.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $504.57 | $504.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,986.40 | $9,986.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $487,979 | $528,858 | -7.7% |
| Assessed Value | $487,979 | $528,858 | -7.7% |
| Land Value | $479,550 | $479,550 | +0.0% |
| Improvement Value | $8,429 | $49,308 | -82.9% |
| Taxable Value | $487,979 | $528,858 | -7.7% |
| Total Tax 2026 = estimate |
~$9,986
Estimated
|
~$9,986
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $528,858 | $487,979 | -40,879 (-7.7%) |
| Taxable Value | $528,858 | $487,979 | -40,879 (-7.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $487,979 | $479,550 | $8,429 | — | $487,979 | $487,979 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $528,858 | $479,550 | $49,308 | — | $528,858 | $528,858 | ~$9,986 | Partial |
| 2024 | $604,000 | — | — | −$16,825 | $587,175 | $— | $11,971 | Verified |
| 2023 | $589,000 | — | — | −$1,825 | $587,175 | $— | $10,928 | Verified |
| 2022 | $318,872 | — | — | — | $587,175 ! | $— | $11,632 | Verified |
| 2021 | $318,855 | — | — | −$44,840 | $274,015 | $— | $6,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -12.4% | -12.4% | ~100% | Not available | Partial |
| 2024 | -5.1% | -5.1% | ~100% | 1.9800% | Verified |
| 2023 | +0.3% | +0.3% | ~100% | 1.7200% | Verified |
| 2022 | +99.1% ! | +99.1% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.7% | +13.4% | +15.4% | +84.7% | 2023 | -12.4% | 2025 |
| Assessment Ratio | 100.0% | 111.1% | — | 184.1% | 2022 | 85.9% | 2021 |
| Effective Tax Rate (2025) | 1.8900% | 1.8900% | — | 1.8900% | 2025 | 1.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,986 | $10,292 | ~$13,799 | $11,971 | 2024 | $6,941 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$600,172 | ~$581,744 | ~2.0139% | ~$11,716 | +13.5% |
| 2027 | ~$681,102 | ~$639,918 | ~1.9814% | ~$12,679 | +28.8% |
| 2028 | ~$772,945 | ~$703,910 | ~1.9488% | ~$13,718 | +46.2% |
| 2029 | ~$877,172 | ~$774,301 | ~1.9163% | ~$14,838 | +65.9% |
| 2030 | ~$995,454 | ~$851,731 | ~1.8837% | ~$16,044 | +88.2% |
| 2026 | ~$589,595 | ~$581,744 | ~2.0465% | ~$11,905 | +11.5% |
| 2027 | ~$657,306 | ~$639,918 | ~2.0465% | ~$13,096 | +24.3% |
| 2028 | ~$732,795 | ~$703,910 | ~2.0465% | ~$14,405 | +38.6% |
| 2029 | ~$816,952 | ~$774,301 | ~2.0465% | ~$15,846 | +54.5% |
| 2030 | ~$910,775 | ~$851,731 | ~2.0465% | ~$17,431 | +72.2% |
| 2026 | ~$610,749 | ~$581,744 | ~1.9977% | ~$11,621 | +15.5% |
| 2027 | ~$705,320 | ~$639,918 | ~1.9488% | ~$12,471 | +33.4% |
| 2028 | ~$814,535 | ~$703,910 | ~1.9000% | ~$13,374 | +54.0% |
| 2029 | ~$940,662 | ~$774,301 | ~1.8512% | ~$14,334 | +77.9% |
| 2030 | ~$1,086,318 | ~$851,731 | ~1.8024% | ~$15,351 | +105.4% |
In 2025, this property's market value of $528,858 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -63% 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 | $528,858 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $604,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $589,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $318,872 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $318,855 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.