4904 N INTERSTATE HY 35 TX 78751
| Owner | WEHBE NAJIB F |
|---|---|
| Parcel ID | 0222120632 |
| Short ID | 459882 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 288 SF |
| Land SF | 5,707 SF |
| Acres | 0.131 |
| Year Built | 2002 |
| Legal | LOT 1-C RESUB OF TRT 1 OMEGA-TERRELL-LYNCH SUBD |
| Neighborhood | 1NC1 |
| Land | $428,025 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $428,025 |
| Improvement | $1 |
|---|---|
| Total Improvement | $1 |
| Market | $428,026 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $428,026 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $428,026 |
| Taxable Value | $428,026 |
|---|
Appreciation: Market value has risen +86.7% from $229,258 (2021) to $428,026 (2025), a CAGR of 16.9% 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 $8,759. 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 100% of market value ($428,025 land vs $1 improvements), about $75/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $428,026, 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 +16.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $934,119 by 2030, with an estimated annual tax burden around $12,985. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 288 SF | ✓ |
Market value changed by 178% 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% | $3,700.80 | $3,700.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,096.07 | $2,096.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,503.38 | $1,503.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $472.09 | $472.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $413.60 | $413.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,185.94 | $8,185.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $400,000 | $428,026 | -6.5% |
| Assessed Value | $400,000 | $428,026 | -6.5% |
| Land Value | $428,025 | $428,025 | +0.0% |
| Improvement Value | — | $1 | — |
| Taxable Value | $400,000 | $428,026 | -6.5% |
| Total Tax 2026 = estimate |
~$8,186
Estimated
|
~$8,186
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $428,026 | $400,000 | -28,026 (-6.5%) |
| Taxable Value | $428,026 | $400,000 | -28,026 (-6.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $400,000 | $428,025 | — | — | $400,000 | $400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $428,026 | $428,025 | $1 | — | $428,026 | $428,026 | ~$8,186 | Partial |
| 2024 | $636,826 | — | — | −$1 | $636,825 | $— | $12,621 | Verified |
| 2023 | $554,472 | — | — | — | $636,825 ! | $— | $11,522 | Verified |
| 2022 | $229,258 | — | — | — | $554,472 ! | $— | $10,950 | Verified |
| 2021 | $229,258 | — | — | −$1 | $229,257 | $— | $4,990 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -32.8% | -32.8% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +177.8% ! | +177.8% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +86.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | +23.5% | +18.5% | +141.9% | 2023 | -32.8% | 2025 |
| Assessment Ratio | 100.0% | 126.1% | — | 241.9% | 2022 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,186 | $9,654 | ~$11,168 | $12,621 | 2024 | $4,990 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$500,330 | ~$470,829 | ~2.0139% | ~$9,482 | +16.9% |
| 2027 | ~$584,848 | ~$517,911 | ~1.9814% | ~$10,262 | +36.6% |
| 2028 | ~$683,643 | ~$569,703 | ~1.9488% | ~$11,103 | +59.7% |
| 2029 | ~$799,127 | ~$626,673 | ~1.9163% | ~$12,009 | +86.7% |
| 2030 | ~$934,119 | ~$689,340 | ~1.8837% | ~$12,985 | +118.2% |
| 2026 | ~$491,770 | ~$470,829 | ~2.0465% | ~$9,635 | +14.9% |
| 2027 | ~$565,006 | ~$517,911 | ~2.0465% | ~$10,599 | +32.0% |
| 2028 | ~$649,149 | ~$569,703 | ~2.0465% | ~$11,659 | +51.7% |
| 2029 | ~$745,823 | ~$626,673 | ~2.0465% | ~$12,825 | +74.2% |
| 2030 | ~$856,895 | ~$689,340 | ~2.0465% | ~$14,107 | +100.2% |
| 2026 | ~$508,891 | ~$470,829 | ~1.9977% | ~$9,406 | +18.9% |
| 2027 | ~$605,032 | ~$517,911 | ~1.9488% | ~$10,093 | +41.4% |
| 2028 | ~$719,338 | ~$569,703 | ~1.9000% | ~$10,824 | +68.1% |
| 2029 | ~$855,238 | ~$626,673 | ~1.8512% | ~$11,601 | +99.8% |
| 2030 | ~$1,016,813 | ~$689,340 | ~1.8024% | ~$12,424 | +137.6% |
In 2025, this property's market value of $428,026 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -70% 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 | $428,026 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $636,826 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $554,472 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $229,258 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $229,258 | $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.