7522 N INTERSTATE HY 35 C TX 78752
| Owner | SORTOS INVESTMENTS LLC |
|---|---|
| Parcel ID | 0232150121 |
| Short ID | 426071 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,671 SF |
| Land SF | 96,659 SF |
| Acres | 2.219 |
| Year Built | 2002 |
| Legal | LOT 1 CROW ADDN 1 SUBD |
| Neighborhood | 32CEN |
| Land | $2,899,770 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,899,770 |
| Improvement | $179,281 |
|---|---|
| Total Improvement | $179,281 |
| Market | $3,079,051 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,079,051 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,079,051 |
| Taxable Value | $3,079,051 |
|---|
Appreciation: Market value has risen +28.3% from $2,400,000 (2021) to $3,079,051 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $63,012. 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 94% of market value ($2,899,770 land vs $179,281 improvements), about $30/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,079,051, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,204,109 by 2030, with an estimated annual tax burden around $79,195. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 55,740 SF | ✗ |
| 1ST | 1st Floor | 5,671 SF | ✓ |
| 491 | SPRINKLER HEADS | 5,671 SF | ✗ |
| 591 | MASONRY TRIM SF | 5,312 SF | ✗ |
| 611 | TERRACE | 936 SF | ✗ |
| 437 | FENCE MASON LF | 70 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $25,656.90 | $25,656.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,531.61 | $14,531.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,422.63 | $10,422.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,272.92 | $3,272.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,867.41 | $2,867.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $56,751.47 | $56,751.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,718,000 | $3,079,051 | -11.7% |
| Assessed Value | $2,718,000 | $3,079,051 | -11.7% |
| Land Value | $2,899,770 | $2,899,770 | +0.0% |
| Improvement Value | — | $179,281 | — |
| Taxable Value | $2,718,000 | $3,079,051 | -11.7% |
| Total Tax 2026 = estimate |
~$55,623
Estimated
|
~$56,751
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,089,010 | $2,718,000 | -371,010 (-12.0%) |
| Taxable Value | $3,089,010 | $2,718,000 | -371,010 (-12.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,718,000 | $2,899,770 | — | — | $2,718,000 | $2,718,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,079,051 | $2,899,770 | $179,281 | — | $3,079,051 | $3,079,051 | ~$56,751 | Partial |
| 2024 | $2,713,532 | — | — | — | $2,899,770 ! | $— | $64,533 | Verified |
| 2023 | $2,323,748 | — | — | −$390,568 | $1,933,180 | $— | $49,094 | Verified |
| 2022 | $1,946,899 | — | — | −$13,719 | $1,933,180 | $— | $45,892 | Verified |
| 2021 | $2,400,000 | — | — | −$950,115 | $1,449,885 | $— | $42,378 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -5.6% | -5.4% | ~100% | Not available | Partial |
| 2024 | +20.1% | +20.0% | ~100% | 1.9800% | Verified |
| 2023 | +16.8% | +16.8% | ~100% | 1.8100% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.7% | +3.8% | +9.3% | +19.4% | 2023 | -18.9% | 2022 |
| Assessment Ratio | 100.0% | 91.6% | — | 106.9% | 2024 | 60.4% | 2021 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$56,751 | $51,730 | ~$72,465 | $64,533 | 2024 | $42,378 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,276,939 | ~$3,276,939 | ~2.0139% | ~$65,995 | +6.4% |
| 2027 | ~$3,487,544 | ~$3,487,544 | ~1.9814% | ~$69,102 | +13.3% |
| 2028 | ~$3,711,685 | ~$3,711,685 | ~1.9488% | ~$72,335 | +20.5% |
| 2029 | ~$3,950,231 | ~$3,950,231 | ~1.9163% | ~$75,698 | +28.3% |
| 2030 | ~$4,204,109 | ~$4,204,109 | ~1.8837% | ~$79,195 | +36.5% |
| 2026 | ~$3,215,357 | ~$3,215,357 | ~2.0465% | ~$65,802 | +4.4% |
| 2027 | ~$3,357,698 | ~$3,357,698 | ~2.0465% | ~$68,715 | +9.0% |
| 2028 | ~$3,506,340 | ~$3,506,340 | ~2.0465% | ~$71,757 | +13.9% |
| 2029 | ~$3,661,562 | ~$3,661,562 | ~2.0465% | ~$74,933 | +18.9% |
| 2030 | ~$3,823,656 | ~$3,823,656 | ~2.0465% | ~$78,251 | +24.2% |
| 2026 | ~$3,338,520 | ~$3,338,520 | ~1.9977% | ~$66,692 | +8.4% |
| 2027 | ~$3,619,853 | ~$3,619,853 | ~1.9488% | ~$70,545 | +17.6% |
| 2028 | ~$3,924,895 | ~$3,924,895 | ~1.9000% | ~$74,574 | +27.5% |
| 2029 | ~$4,255,642 | ~$4,255,642 | ~1.8512% | ~$78,780 | +38.2% |
| 2030 | ~$4,614,260 | ~$4,614,260 | ~1.8024% | ~$83,166 | +49.9% |
In 2025, this property's market value of $3,079,051 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +117% 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 | $3,079,051 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,713,532 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,323,748 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,946,899 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,400,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.