7216 N IH 35 SB TX 78752
| Owner | BUDGET LEASING INC |
|---|---|
| Parcel ID | 0231140749 |
| Short ID | 841538 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 31,624 SF |
| Land SF | 286,912 SF |
| Acres | 6.587 |
| Year Built | 2019 |
| Legal | .9297 AC OF LOT 1 ST JOHNS AT IH 35 & 5.6569 AC OF LOT 2 ST JOHNS AT IH 35 RESUB OF LOT 3 |
| Neighborhood | 80NEA |
| Land | $5,927,604 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,927,604 |
| Improvement | $3,852,396 |
|---|---|
| Total Improvement | $3,852,396 |
| Market | $9,780,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,780,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,780,000 |
| Taxable Value | $9,780,000 |
|---|
Appreciation: Market value has risen +165.8% from $3,679,129 (2021) to $9,780,000 (2025), a CAGR of 27.7% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $200,146. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 61% of market value ($5,927,604 land vs $3,852,396 improvements), about $21/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $9,780,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +27.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $33,195,648 by 2030, with an estimated annual tax burden around $296,704. 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 | 138,395 SF | ✗ |
| 1ST | 1st Floor | 31,624 SF | ✓ |
| 501 | CANOPY | 80 SF | ✗ |
| 611 | TERRACE | 80 SF | ✗ |
| 482 | LIGHT POLES | 18 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% | $90,484.56 | $90,484.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $51,248.86 | $51,248.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,757.64 | $36,757.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,542.65 | $11,542.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,112.52 | $10,112.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $200,146.23 | $200,146.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,780,000 | $9,780,000 | +0.0% |
| Assessed Value | $9,780,000 | $9,780,000 | +0.0% |
| Land Value | $5,927,604 | $5,927,604 | +0.0% |
| Improvement Value | $3,852,396 | $3,852,396 | +0.0% |
| Taxable Value | $9,780,000 | $9,780,000 | +0.0% |
| Total Tax 2026 = estimate |
~$200,146
Estimated
|
~$200,146
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,643,931 | $9,780,000 | -2,863,931 (-22.7%) |
| Taxable Value | $12,643,931 | $9,780,000 | -2,863,931 (-22.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,780,000 | $5,927,604 | $3,852,396 | — | $9,780,000 | $9,780,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,780,000 | $5,927,604 | $3,852,396 | — | $9,780,000 | $9,780,000 | ~$200,146 | Partial |
| 2024 | $8,346,357 | — | — | — | — | $— | $188,272 | Verified |
| 2023 | $7,200,000 | — | — | — | — | $— | $151,006 | Verified |
| 2022 | $6,661,438 | — | — | — | — | $— | $142,194 | Verified |
| 2021 | $3,679,129 | — | — | — | — | $— | $144,998 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.3% | +29.3% | ~100% | Not available | Partial |
| 2025 | +2.9% | +2.9% | ~100% | Not available | Partial |
| 2024 | +13.8% | +13.8% | ~100% | 1.9800% | Verified |
| 2023 | +15.9% | +15.9% | ~100% | 1.8100% | Verified |
| 2022 | +8.1% | +8.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +24.5% | +27.7% | +81.1% | 2022 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$200,146 | $165,323 | ~$255,182 | $200,146 | 2025 | $142,194 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,487,840 | ~$10,758,000 | ~2.0139% | ~$216,659 | +27.7% |
| 2027 | ~$15,945,413 | ~$11,833,800 | ~1.9814% | ~$234,473 | +63.0% |
| 2028 | ~$20,360,303 | ~$13,017,180 | ~1.9488% | ~$253,684 | +108.2% |
| 2029 | ~$25,997,566 | ~$14,318,898 | ~1.9163% | ~$274,392 | +165.8% |
| 2030 | ~$33,195,648 | ~$15,750,788 | ~1.8837% | ~$296,704 | +239.4% |
| 2026 | ~$12,292,240 | ~$10,758,000 | ~2.0465% | ~$220,161 | +25.7% |
| 2027 | ~$15,449,811 | ~$11,833,800 | ~2.0465% | ~$242,177 | +58.0% |
| 2028 | ~$19,418,485 | ~$13,017,180 | ~2.0465% | ~$266,395 | +98.6% |
| 2029 | ~$24,406,613 | ~$14,318,898 | ~2.0465% | ~$293,034 | +149.6% |
| 2030 | ~$30,676,067 | ~$15,750,788 | ~2.0465% | ~$322,338 | +213.7% |
| 2026 | ~$12,683,440 | ~$10,758,000 | ~1.9977% | ~$214,909 | +29.7% |
| 2027 | ~$16,448,839 | ~$11,833,800 | ~1.9488% | ~$230,622 | +68.2% |
| 2028 | ~$21,332,091 | ~$13,017,180 | ~1.9000% | ~$247,329 | +118.1% |
| 2029 | ~$27,665,061 | ~$14,318,898 | ~1.8512% | ~$265,071 | +182.9% |
| 2030 | ~$35,878,132 | ~$15,750,788 | ~1.8024% | ~$283,888 | +266.9% |
In 2025, this property's market value of $9,780,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 115× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $9,780,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $8,346,357 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $7,200,000 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $6,661,438 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $3,679,129 | $6,000 | $14,480 | $80,000 | ↑ Top 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.