7138 E U S HY 290 TX 78723
| Owner | CHONG DAVID |
|---|---|
| Parcel ID | 0227200802 |
| Short ID | 228274 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 1,654 SF |
| Land SF | 18,854 SF |
| Acres | 0.433 |
| Year Built | 1967 |
| Legal | LOT 2 LESS S30 FT PATTONS ADDN SEC 3A |
| Neighborhood | 83NEA |
| Land | $188,540 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $188,540 |
| Improvement | $228,805 |
|---|---|
| Total Improvement | $228,805 |
| Market | $417,345 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $417,345 |
| Value Limitation Adjustment (−) (homestead cap) | −$24,945 |
| Net Appraised (assessed) | $392,400 |
| Taxable Value | $392,400 |
|---|
Appreciation: Market value has risen +15.1% from $362,486 (2021) to $417,345 (2025), a CAGR of 3.6% 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 $8,030. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($392,400) is $24,945 below market value, suggesting potential for an upward assessment in future years.
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 45% of market value ($188,540 land vs $228,805 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $417,345, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $497,737 by 2030, with an estimated annual tax burden around $9,376. 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 | 11,520 SF | ✗ |
| 1ST | 1st Floor | 1,654 SF | ✓ |
| 501 | CANOPY | 607 SF | ✗ |
| SO | Sketch Only | 607 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% | $3,630.48 | $3,630.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,056.24 | $2,056.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,474.82 | $1,474.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $463.12 | $463.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $405.74 | $405.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,030.40 | $8,030.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $417,345 | $417,345 | +0.0% |
| Assessed Value | $417,345 | $392,400 | +6.4% |
| Land Value | $188,540 | $188,540 | +0.0% |
| Improvement Value | $228,805 | $228,805 | +0.0% |
| Taxable Value | $417,345 | $392,400 | +6.4% |
| Total Tax 2026 = estimate |
~$8,541
Estimated
|
~$8,030
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $487,950 | $417,345 | -70,605 (-14.5%) |
| Taxable Value | $470,880 | $417,345 | -53,535 (-11.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $417,345 | $188,540 | $228,805 | — | $417,345 | $417,345 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $417,345 | $188,540 | $228,805 | −$24,945 | $392,400 | $392,400 | ~$8,030 | Partial |
| 2024 | $439,498 | — | — | −$250,958 | $188,540 | $— | $6,481 | Verified |
| 2023 | $378,618 | — | — | −$190,078 | $188,540 | $— | $7,952 | Verified |
| 2022 | $365,219 | — | — | −$214,387 | $150,832 | $— | $7,477 | Verified |
| 2021 | $362,486 | — | — | −$211,654 | $150,832 | $— | $7,950 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.9% | +20.0% | 96.5% | Not available | Partial |
| 2025 | +14.3% | +7.5% | 94.0% | Not available | Partial |
| 2024 | -16.9% | -16.9% | ~100% | 1.7800% | Verified |
| 2023 | +16.1% | +16.1% | ~100% | 1.8100% | Verified |
| 2022 | +3.7% | +3.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.1% | +3.6% | +16.1% | 2024 | -5.0% | 2025 |
| Assessment Ratio | 100.0% | 61.6% | — | 100.0% | 2026 | 41.3% | 2022 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,030 | $7,578 | ~$9,038 | $8,030 | 2025 | $6,481 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$432,311 | ~$431,640 | ~2.0139% | ~$8,693 | +3.6% |
| 2027 | ~$447,814 | ~$447,814 | ~1.9814% | ~$8,873 | +7.3% |
| 2028 | ~$463,872 | ~$463,872 | ~1.9488% | ~$9,040 | +11.1% |
| 2029 | ~$480,506 | ~$480,506 | ~1.9163% | ~$9,208 | +15.1% |
| 2030 | ~$497,737 | ~$497,737 | ~1.8837% | ~$9,376 | +19.3% |
| 2026 | ~$423,964 | ~$423,964 | ~2.0465% | ~$8,676 | +1.6% |
| 2027 | ~$430,688 | ~$430,688 | ~2.0465% | ~$8,814 | +3.2% |
| 2028 | ~$437,519 | ~$437,519 | ~2.0465% | ~$8,954 | +4.8% |
| 2029 | ~$444,458 | ~$444,458 | ~2.0465% | ~$9,096 | +6.5% |
| 2030 | ~$451,507 | ~$451,507 | ~2.0465% | ~$9,240 | +8.2% |
| 2026 | ~$440,658 | ~$431,640 | ~1.9977% | ~$8,623 | +5.6% |
| 2027 | ~$465,273 | ~$465,273 | ~1.9488% | ~$9,067 | +11.5% |
| 2028 | ~$491,263 | ~$491,263 | ~1.9000% | ~$9,334 | +17.7% |
| 2029 | ~$518,705 | ~$518,705 | ~1.8512% | ~$9,602 | +24.3% |
| 2030 | ~$547,680 | ~$547,680 | ~1.8024% | ~$9,871 | +31.2% |
In 2025, this property's market value of $417,345 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -71% 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 | $417,345 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $439,498 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $378,618 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $365,219 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $362,486 | $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.