120 E NORTH LOOP BLVD TX 78751
| Owner | NORTH LOOP REAL PROPERTY LLC |
|---|---|
| Parcel ID | 0225091307 |
| Short ID | 225169 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,240 SF |
| Land SF | 11,475 SF |
| Acres | 0.263 |
| Year Built | 1975 |
| Legal | LOT B SCHNITZER ADDN THE |
| Neighborhood | 48CEN |
| Land | $573,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $573,750 |
| Improvement | $260,644 |
|---|---|
| Total Improvement | $260,644 |
| Market | $834,394 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $834,394 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $834,394 |
| Taxable Value | $834,394 |
|---|
Appreciation: Market value has risen +8.7% from $767,823 (2021) to $834,394 (2025), a CAGR of 2.1% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $17,076. 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 69% of market value ($573,750 land vs $260,644 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $834,394, 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 +2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $925,782 by 2030, with an estimated annual tax burden around $17,439. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,860 SF | ✗ |
| 1ST | 1st Floor | 2,240 SF | ✓ |
| 501 | CANOPY | 690 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% | $7,719.81 | $7,719.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,372.37 | $4,372.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,136.03 | $3,136.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $984.78 | $984.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $862.76 | $862.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,075.75 | $17,075.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $834,394 | $834,394 | +0.0% |
| Assessed Value | $834,394 | $834,394 | +0.0% |
| Land Value | $573,750 | $573,750 | +0.0% |
| Improvement Value | $260,644 | $260,644 | +0.0% |
| Taxable Value | $834,394 | $834,394 | +0.0% |
| Total Tax 2026 = estimate |
~$17,076
Estimated
|
~$17,076
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $863,423 | $834,394 | -29,029 (-3.4%) |
| Taxable Value | $863,423 | $834,394 | -29,029 (-3.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $834,394 | $573,750 | $260,644 | — | $834,394 | $834,394 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $834,394 | $573,750 | $260,644 | — | $834,394 | $834,394 | ~$17,076 | Partial |
| 2024 | $838,074 | — | — | −$264,324 | $573,750 | $— | $15,905 | Verified |
| 2023 | $766,502 | — | — | −$192,752 | $573,750 | $— | $15,163 | Verified |
| 2022 | $771,285 | — | — | −$197,535 | $573,750 | $— | $15,138 | Verified |
| 2021 | $767,823 | — | — | −$194,073 | $573,750 | $— | $16,788 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.5% | +3.5% | ~100% | Not available | Partial |
| 2025 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2024 | -5.5% | -5.5% | ~100% | 1.9800% | Verified |
| 2023 | +9.6% | +9.6% | ~100% | 1.7800% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.8% | +2.1% | +9.3% | 2024 | -0.6% | 2023 |
| Assessment Ratio | 100.0% | 82.1% | — | 100.0% | 2025 | 68.5% | 2024 |
| 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 |
$17,076 | $16,014 | ~$17,303 | $17,076 | 2025 | $15,138 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$851,920 | ~$851,920 | ~2.0139% | ~$17,157 | +2.1% |
| 2027 | ~$869,814 | ~$869,814 | ~1.9814% | ~$17,234 | +4.2% |
| 2028 | ~$888,083 | ~$888,083 | ~1.9488% | ~$17,307 | +6.4% |
| 2029 | ~$906,737 | ~$906,737 | ~1.9163% | ~$17,376 | +8.7% |
| 2030 | ~$925,782 | ~$925,782 | ~1.8837% | ~$17,439 | +11.0% |
| 2026 | ~$835,232 | ~$835,232 | ~2.0465% | ~$17,093 | +0.1% |
| 2027 | ~$836,071 | ~$836,071 | ~2.0465% | ~$17,110 | +0.2% |
| 2028 | ~$836,910 | ~$836,910 | ~2.0465% | ~$17,127 | +0.3% |
| 2029 | ~$837,751 | ~$837,751 | ~2.0465% | ~$17,144 | +0.4% |
| 2030 | ~$838,592 | ~$838,592 | ~2.0465% | ~$17,162 | +0.5% |
| 2026 | ~$868,608 | ~$868,608 | ~1.9977% | ~$17,352 | +4.1% |
| 2027 | ~$904,224 | ~$904,224 | ~1.9488% | ~$17,622 | +8.4% |
| 2028 | ~$941,301 | ~$941,301 | ~1.9000% | ~$17,885 | +12.8% |
| 2029 | ~$979,898 | ~$979,898 | ~1.8512% | ~$18,140 | +17.4% |
| 2030 | ~$1,020,078 | ~$1,020,078 | ~1.8024% | ~$18,386 | +22.3% |
In 2025, this property's market value of $834,394 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -41% 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 | $834,394 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $838,074 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $766,502 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $771,285 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $767,823 | $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.