5017 PURPLE SAGE DR TX 78724
| Owner | JULMEN RETAIL COMPANY INC |
|---|---|
| Parcel ID | 0222280301 |
| Short ID | 221007 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,800 SF |
| Land SF | 67,344 SF |
| Acres | 1.546 |
| Year Built | 1982 |
| Legal | 1.546 AC OF TRT 3 BLUESTEIN SHOPPING CENTER |
| Neighborhood | 48EAS |
| Land | $1,346,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,346,875 |
| Improvement | $376,999 |
|---|---|
| Total Improvement | $376,999 |
| Market | $1,723,874 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,723,874 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,723,874 |
| Taxable Value | $1,723,874 |
|---|
Appreciation: Market value has risen +101.7% from $854,607 (2021) to $1,723,874 (2025), a CAGR of 19.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $35,279. 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 78% of market value ($1,346,875 land vs $376,999 improvements), about $20/SF of land. With value concentrated in the land under a ~44-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 $1,723,874, this parcel sits in the upper-middle (50th–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 +19.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,144,092 by 2030, with an estimated annual tax burden around $52,299. 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 | 17,640 SF | ✗ |
| 501 | CANOPY | 1,984 SF | ✗ |
| 1ST | 1st Floor | 1,800 SF | ✓ |
| 403 | CARWASH DRIVE-THRU | 560 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% | $15,949.28 | $15,949.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,033.39 | $9,033.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,479.09 | $6,479.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,034.57 | $2,034.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,782.49 | $1,782.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,278.82 | $35,278.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,712,000 | $1,723,874 | -0.7% |
| Assessed Value | $1,712,000 | $1,723,874 | -0.7% |
| Land Value | $1,346,875 | $1,346,875 | +0.0% |
| Improvement Value | $365,125 | $376,999 | -3.1% |
| Taxable Value | $1,712,000 | $1,723,874 | -0.7% |
| Total Tax 2026 = estimate |
~$35,036
Estimated
|
~$35,279
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,712,000 | $1,712,000 | +0 (+0.0%) |
| Taxable Value | $1,712,000 | $1,712,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,712,000 | $1,346,875 | $365,125 | — | $1,712,000 | $1,712,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,723,874 | $1,346,875 | $376,999 | — | $1,723,874 | $1,723,874 | ~$35,279 | Partial |
| 2024 | $1,307,000 | — | — | — | $1,346,875 ! | $— | $31,083 | Verified |
| 2023 | $1,200,000 | — | — | −$189,844 | $1,010,156 | $— | $23,647 | Verified |
| 2022 | $890,000 | — | — | — | $1,010,156 ! | $— | $23,699 | Verified |
| 2021 | $854,607 | — | — | −$181,169 | $673,438 | $— | $18,751 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | +0.4% | +9.9% | ~100% | Not available | Partial |
| 2024 | +31.4% | +20.0% | 91.3% | 1.8100% | Verified |
| 2023 | +8.9% | +8.9% | ~100% | 1.8100% | Verified |
| 2022 | +34.8% | +34.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +93.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.7% | +15.8% | +19.3% | +34.8% | 2023 | -0.7% | 2026 |
| Assessment Ratio | 100.0% | 96.6% | — | 113.5% | 2022 | 78.8% | 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 |
$35,279 | $26,492 | ~$44,980 | $35,279 | 2025 | $18,751 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,054,425 | ~$1,896,261 | ~2.0139% | ~$38,189 | +19.2% |
| 2027 | ~$2,448,359 | ~$2,085,888 | ~1.9814% | ~$41,330 | +42.0% |
| 2028 | ~$2,917,829 | ~$2,294,476 | ~1.9488% | ~$44,716 | +69.3% |
| 2029 | ~$3,477,319 | ~$2,523,924 | ~1.9163% | ~$48,366 | +101.7% |
| 2030 | ~$4,144,092 | ~$2,776,316 | ~1.8837% | ~$52,299 | +140.4% |
| 2026 | ~$2,019,948 | ~$1,896,261 | ~2.0465% | ~$38,807 | +17.2% |
| 2027 | ~$2,366,871 | ~$2,085,888 | ~2.0465% | ~$42,687 | +37.3% |
| 2028 | ~$2,773,379 | ~$2,294,476 | ~2.0465% | ~$46,956 | +60.9% |
| 2029 | ~$3,249,704 | ~$2,523,924 | ~2.0465% | ~$51,652 | +88.5% |
| 2030 | ~$3,807,837 | ~$2,776,316 | ~2.0465% | ~$56,817 | +120.9% |
| 2026 | ~$2,088,902 | ~$1,896,261 | ~1.9977% | ~$37,881 | +21.2% |
| 2027 | ~$2,531,225 | ~$2,085,888 | ~1.9488% | ~$40,651 | +46.8% |
| 2028 | ~$3,067,210 | ~$2,294,476 | ~1.9000% | ~$43,595 | +77.9% |
| 2029 | ~$3,716,688 | ~$2,523,924 | ~1.8512% | ~$46,723 | +115.6% |
| 2030 | ~$4,503,693 | ~$2,776,316 | ~1.8024% | ~$50,040 | +161.3% |
In 2025, this property's market value of $1,723,874 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +22% above 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 | $1,723,874 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,307,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $890,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $854,607 | $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.