5725 N INTERSTATE HY 35 TX 78723
| Owner | THURMAN RUSSELL T DESCENDANTS TRUST & |
|---|---|
| Parcel ID | 0225120501 |
| Short ID | 225504 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,179 SF |
| Land SF | 29,786 SF |
| Acres | 0.684 |
| Year Built | 1969 |
| Legal | .536AC OF LOT 42 DUVAL HEIGHTS |
| Neighborhood | 30CEN |
| Land | $1,116,987 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,116,987 |
| Improvement | $198,474 |
|---|---|
| Total Improvement | $198,474 |
| Market | $1,315,461 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,315,461 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,315,461 |
| Taxable Value | $1,315,461 |
|---|
Appreciation: Market value has risen +37.9% from $954,041 (2021) to $1,315,461 (2025), a CAGR of 8.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $26,921. 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 85% of market value ($1,116,987 land vs $198,474 improvements), about $38/SF of land. With value concentrated in the land under a ~57-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 $1,315,461, 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 +8.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,965,471 by 2030, with an estimated annual tax burden around $37,024. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,350 SF | ✗ |
| 1ST | 1st Floor | 4,179 SF | ✓ |
| 501 | CANOPY | 705 SF | ✗ |
| 611 | TERRACE | 279 SF | ✗ |
| 327 | STORAGE COMM'L | 101 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% | $12,170.65 | $12,170.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,893.24 | $6,893.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,944.09 | $4,944.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,552.55 | $1,552.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,360.19 | $1,360.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,920.72 | $26,920.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,318,168 | $1,315,461 | +0.2% |
| Assessed Value | $1,318,168 | $1,315,461 | +0.2% |
| Land Value | $1,116,987 | $1,116,987 | +0.0% |
| Improvement Value | $201,181 | $198,474 | +1.4% |
| Taxable Value | $1,318,168 | $1,315,461 | +0.2% |
| Total Tax 2026 = estimate |
~$26,976
Estimated
|
~$26,921
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,318,168 | $1,318,168 | +0 (+0.0%) |
| Taxable Value | $1,318,168 | $1,318,168 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,318,168 | $1,116,987 | $201,181 | — | $1,318,168 | $1,318,168 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,315,461 | $1,116,987 | $198,474 | — | $1,315,461 | $1,315,461 | ~$26,921 | Partial |
| 2024 | $892,500 | — | — | −$16,950 | $875,550 | $— | $21,225 | Verified |
| 2023 | $601,000 | — | — | −$163,225 | $437,775 | $— | $16,148 | Verified |
| 2022 | $698,918 | — | — | −$261,143 | $437,775 | $— | $11,869 | Verified |
| 2021 | $954,041 | — | — | −$516,266 | $437,775 | $— | $15,213 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +19.2% | +22.8% | ~100% | Not available | Partial |
| 2024 | +23.7% | +20.0% | 97.0% | 1.9200% | Verified |
| 2023 | +22.7% | +22.7% | ~100% | 1.8100% | Verified |
| 2022 | +4.1% | +4.1% | ~100% | 1.6300% | Verified |
| 2021 | base year | — | ~100% | 1.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +88.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +11.1% | +8.3% | +48.5% | 2024 | -26.7% | 2022 |
| Assessment Ratio | 100.0% | 79.9% | — | 100.0% | 2025 | 45.9% | 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 |
$26,921 | $18,275 | ~$32,743 | $26,921 | 2025 | $11,869 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,425,462 | ~$1,425,462 | ~2.0139% | ~$28,708 | +8.4% |
| 2027 | ~$1,544,662 | ~$1,544,662 | ~1.9814% | ~$30,606 | +17.4% |
| 2028 | ~$1,673,829 | ~$1,673,829 | ~1.9488% | ~$32,620 | +27.2% |
| 2029 | ~$1,813,798 | ~$1,813,798 | ~1.9163% | ~$34,758 | +37.9% |
| 2030 | ~$1,965,471 | ~$1,965,471 | ~1.8837% | ~$37,024 | +49.4% |
| 2026 | ~$1,399,153 | ~$1,399,153 | ~2.0465% | ~$28,633 | +6.4% |
| 2027 | ~$1,488,170 | ~$1,488,170 | ~2.0465% | ~$30,455 | +13.1% |
| 2028 | ~$1,582,850 | ~$1,582,850 | ~2.0465% | ~$32,393 | +20.3% |
| 2029 | ~$1,683,553 | ~$1,683,553 | ~2.0465% | ~$34,454 | +28.0% |
| 2030 | ~$1,790,664 | ~$1,790,664 | ~2.0465% | ~$36,646 | +36.1% |
| 2026 | ~$1,451,771 | ~$1,447,007 | ~1.9977% | ~$28,906 | +10.4% |
| 2027 | ~$1,602,207 | ~$1,591,708 | ~1.9488% | ~$31,020 | +21.8% |
| 2028 | ~$1,768,230 | ~$1,750,879 | ~1.9000% | ~$33,267 | +34.4% |
| 2029 | ~$1,951,457 | ~$1,925,966 | ~1.8512% | ~$35,653 | +48.3% |
| 2030 | ~$2,153,671 | ~$2,118,563 | ~1.8024% | ~$38,184 | +63.7% |
In 2025, this property's market value of $1,315,461 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -7% 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 | $1,315,461 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $892,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $601,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $698,918 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $954,041 | $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.