9120 N INTERSTATE HY 35 TX 78753
| Owner | PALMA VIDAL ADAM |
|---|---|
| Parcel ID | 0239190402 |
| Short ID | 243376 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,738 SF |
| Land SF | 20,653 SF |
| Acres | 0.474 |
| Year Built | 1975 |
| Legal | LOT 2-A RESUB LTS 2,5,6,7 & PART OF LT 3 BLK N GEORGIAN ACRES |
| Neighborhood | 32NOR |
| Land | $309,795 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $309,795 |
| Improvement | $387,128 |
|---|---|
| Total Improvement | $387,128 |
| Market | $696,923 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $696,923 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $696,923 |
| Taxable Value | $696,923 |
|---|
Appreciation: Market value has fallen -8.8% from $764,405 (2021) to $696,923 (2025), a CAGR of -2.3% 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 $14,262. 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 44% of market value ($309,795 land vs $387,128 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~51 yrs), and rent roll drive the underwriting.
Submarket Position: At $696,923, 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 -2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $620,885 by 2030, with an estimated annual tax burden around $11,696. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,400 SF | ✗ |
| 1ST | 1st Floor | 2,738 SF | ✓ |
| 482 | LIGHT POLES | 5 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% | $6,447.93 | $6,447.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,651.99 | $3,651.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,619.35 | $2,619.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $822.53 | $822.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $720.62 | $720.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,262.42 | $14,262.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $696,923 | $696,923 | +0.0% |
| Assessed Value | $696,923 | $696,923 | +0.0% |
| Land Value | $309,795 | $309,795 | +0.0% |
| Improvement Value | $387,128 | $387,128 | +0.0% |
| Taxable Value | $696,923 | $696,923 | +0.0% |
| Total Tax 2026 = estimate |
~$14,262
Estimated
|
~$14,262
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $724,076 | $696,923 | -27,153 (-3.8%) |
| Taxable Value | $724,076 | $696,923 | -27,153 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $696,923 | $309,795 | $387,128 | — | $696,923 | $696,923 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $696,923 | $309,795 | $387,128 | — | $696,923 | $696,923 | ~$14,262 | Partial |
| 2024 | $697,810 | — | — | −$388,015 | $309,795 | $— | $14,620 | Verified |
| 2023 | $673,392 | — | — | −$425,556 | $247,836 | $— | $12,625 | Verified |
| 2022 | $661,677 | — | — | −$413,841 | $247,836 | $— | $13,299 | Verified |
| 2021 | $764,405 | — | — | −$516,569 | $247,836 | $— | $14,403 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | -5.5% | -5.5% | ~100% | Not available | Partial |
| 2024 | +5.7% | +5.7% | ~100% | 1.9800% | Verified |
| 2023 | +3.6% | +3.6% | ~100% | 1.8100% | Verified |
| 2022 | +1.8% | +1.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -1.6% | -2.3% | +3.6% | 2024 | -13.4% | 2022 |
| Assessment Ratio | 100.0% | 58.5% | — | 100.0% | 2025 | 32.4% | 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 |
$14,262 | $13,842 | ~$12,689 | $14,620 | 2024 | $12,625 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$681,005 | ~$681,005 | ~2.0139% | ~$13,715 | -2.3% |
| 2027 | ~$665,450 | ~$665,450 | ~1.9814% | ~$13,185 | -4.5% |
| 2028 | ~$650,251 | ~$650,251 | ~1.9488% | ~$12,672 | -6.7% |
| 2029 | ~$635,398 | ~$635,398 | ~1.9163% | ~$12,176 | -8.8% |
| 2030 | ~$620,885 | ~$620,885 | ~1.8837% | ~$11,696 | -10.9% |
| 2026 | ~$667,066 | ~$667,066 | ~2.0465% | ~$13,651 | -4.3% |
| 2027 | ~$638,489 | ~$638,489 | ~2.0465% | ~$13,067 | -8.4% |
| 2028 | ~$611,135 | ~$611,135 | ~2.0465% | ~$12,507 | -12.3% |
| 2029 | ~$584,954 | ~$584,954 | ~2.0465% | ~$11,971 | -16.1% |
| 2030 | ~$559,894 | ~$559,894 | ~2.0465% | ~$11,458 | -19.7% |
| 2026 | ~$694,943 | ~$694,943 | ~1.9977% | ~$13,883 | -0.3% |
| 2027 | ~$692,969 | ~$692,969 | ~1.9488% | ~$13,505 | -0.6% |
| 2028 | ~$691,000 | ~$691,000 | ~1.9000% | ~$13,129 | -0.8% |
| 2029 | ~$689,037 | ~$689,037 | ~1.8512% | ~$12,755 | -1.1% |
| 2030 | ~$687,080 | ~$687,080 | ~1.8024% | ~$12,384 | -1.4% |
In 2025, this property's market value of $696,923 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -51% 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 | $696,923 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $697,810 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $673,392 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $661,677 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $764,405 | $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.