7604 N INTERSTATE HY 35 TX 78752
| Owner | TABRIZI PROPERTIES LLC |
|---|---|
| Parcel ID | 0232150117 |
| Short ID | 234109 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 6,488 SF |
| Land SF | 52,507 SF |
| Acres | 1.205 |
| Year Built | 1978 |
| Legal | LOT A RESUB OF LOT 1 OF RESUB OF TRT H CHEVY CHASE CENTER AUSTIN |
| Neighborhood | 32CEN |
| Land | $1,575,210 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,575,210 |
| Improvement | $1,482,689 |
|---|---|
| Total Improvement | $1,482,689 |
| Market | $3,057,899 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,057,899 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,057,899 |
| Taxable Value | $3,057,899 |
|---|
Appreciation: Market value has fallen -13.2% from $3,522,571 (2021) to $3,057,899 (2025), a CAGR of -3.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $62,579. 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 52% of market value ($1,575,210 land vs $1,482,689 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,057,899, 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 -3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,562,285 by 2030, with an estimated annual tax burden around $48,267. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 38,255 SF | ✗ |
| 1ST | 1st Floor | 6,488 SF | ✓ |
| 611 | TERRACE | 1,922 SF | ✗ |
| 541 | FENCE COMM LF | 60 SF | ✗ |
| 501 | CANOPY | 28 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $28,291.68 | $28,291.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,023.91 | $16,023.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,492.96 | $11,492.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,609.02 | $3,609.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,161.87 | $3,161.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $62,579.44 | $62,579.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,158,466 | $3,057,899 | +3.3% |
| Assessed Value | $3,158,466 | $3,057,899 | +3.3% |
| Land Value | $1,575,210 | $1,575,210 | +0.0% |
| Improvement Value | $1,583,256 | $1,482,689 | +6.8% |
| Taxable Value | $3,158,466 | $3,057,899 | +3.3% |
| Total Tax 2026 = estimate |
~$64,638
Estimated
|
~$62,579
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,852,171 | $3,158,466 | -693,705 (-18.0%) |
| Taxable Value | $3,669,479 | $3,158,466 | -511,013 (-13.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,158,466 | $1,575,210 | $1,583,256 | — | $3,158,466 | $3,158,466 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,057,899 | $1,575,210 | $1,482,689 | — | $3,057,899 | $3,057,899 | ~$62,579 | Partial |
| 2024 | $3,364,154 | — | — | −$1,788,944 | $1,575,210 | $— | $70,120 | Verified |
| 2023 | $3,120,000 | — | — | −$2,069,860 | $1,050,140 | $— | $60,866 | Verified |
| 2022 | $3,090,964 | — | — | −$2,040,824 | $1,050,140 | $— | $61,618 | Verified |
| 2021 | $3,522,571 | — | — | −$2,734,966 | $787,605 | $— | $67,280 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.0% | +20.0% | 95.3% | Not available | Partial |
| 2025 | -13.6% | -13.6% | ~100% | Not available | Partial |
| 2024 | +5.2% | +5.2% | ~100% | 1.9800% | Verified |
| 2023 | +7.8% | +7.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.9% | +0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.3% | -1.9% | -4.1% | +7.8% | 2024 | -12.3% | 2022 |
| Assessment Ratio | 100.0% | 56.1% | — | 100.0% | 2025 | 22.4% | 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 |
$62,579 | $64,493 | ~$53,725 | $70,120 | 2024 | $60,866 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,951,644 | ~$2,951,644 | ~2.0139% | ~$59,444 | -3.5% |
| 2027 | ~$2,849,081 | ~$2,849,081 | ~1.9814% | ~$56,451 | -6.8% |
| 2028 | ~$2,750,082 | ~$2,750,082 | ~1.9488% | ~$53,595 | -10.1% |
| 2029 | ~$2,654,523 | ~$2,654,523 | ~1.9163% | ~$50,868 | -13.2% |
| 2030 | ~$2,562,285 | ~$2,562,285 | ~1.8837% | ~$48,267 | -16.2% |
| 2026 | ~$2,905,004 | ~$2,905,004 | ~2.0465% | ~$59,450 | -5.0% |
| 2027 | ~$2,759,754 | ~$2,759,754 | ~2.0465% | ~$56,478 | -9.7% |
| 2028 | ~$2,621,766 | ~$2,621,766 | ~2.0465% | ~$53,654 | -14.3% |
| 2029 | ~$2,490,678 | ~$2,490,678 | ~2.0465% | ~$50,971 | -18.5% |
| 2030 | ~$2,366,144 | ~$2,366,144 | ~2.0465% | ~$48,423 | -22.6% |
| 2026 | ~$3,012,802 | ~$3,012,802 | ~1.9977% | ~$60,186 | -1.5% |
| 2027 | ~$2,968,370 | ~$2,968,370 | ~1.9488% | ~$57,849 | -2.9% |
| 2028 | ~$2,924,593 | ~$2,924,593 | ~1.9000% | ~$55,568 | -4.4% |
| 2029 | ~$2,881,462 | ~$2,881,462 | ~1.8512% | ~$53,341 | -5.8% |
| 2030 | ~$2,838,968 | ~$2,838,968 | ~1.8024% | ~$51,169 | -7.2% |
In 2025, this property's market value of $3,057,899 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +116% 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 | $3,057,899 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,364,154 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,120,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,090,964 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,522,571 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.