9811 N INTERSTATE HY 35 TX 78753
| Owner | ROMOS PROPERTIES LTD |
|---|---|
| Parcel ID | 0240210825 |
| Short ID | 442699 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 12,850 SF |
| Land SF | 68,432 SF |
| Acres | 1.571 |
| Year Built | 2014 |
| Legal | LOT 2 BLK A AARON RENTS SUBD NUMBER 2 |
| Neighborhood | 44NOR |
| Land | $1,026,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,026,480 |
| Improvement | $2,973,520 |
|---|---|
| Total Improvement | $2,973,520 |
| Market | $4,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,000,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$520,000 |
| Net Appraised (assessed) | $3,480,000 |
| Taxable Value | $3,480,000 |
|---|
Appreciation: Market value has risen +77.9% from $2,248,362 (2021) to $4,000,000 (2025), a CAGR of 15.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 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 $71,218. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,480,000) is $520,000 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 26% of market value ($1,026,480 land vs $2,973,520 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,000,000, this parcel sits in the top quartile (≥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 +15.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,218,682 by 2030, with an estimated annual tax burden around $105,576. 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 | 17,690 SF | ✗ |
| 1ST | 1st Floor | 12,850 SF | ✓ |
| 611 | TERRACE | 1,590 SF | ✗ |
| 501 | CANOPY | 1,150 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% | $32,196.96 | $32,196.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,235.79 | $18,235.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,079.41 | $13,079.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,107.20 | $4,107.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,598.32 | $3,598.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,217.68 | $71,217.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,125,000 | $4,000,000 | +3.1% |
| Assessed Value | $4,125,000 | $3,480,000 | +18.5% |
| Land Value | $943,410 | $1,026,480 | -8.1% |
| Improvement Value | $3,181,590 | $2,973,520 | +7.0% |
| Taxable Value | $4,125,000 | $3,480,000 | +18.5% |
| Total Tax 2026 = estimate |
~$84,418
Estimated
|
~$71,218
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,287,735 | $4,125,000 | -162,735 (-3.8%) |
| Taxable Value | $4,176,000 | $4,125,000 | -51,000 (-1.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,125,000 | $943,410 | $3,181,590 | — | $4,125,000 | $4,125,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,000,000 | $1,026,480 | $2,973,520 | −$520,000 | $3,480,000 | $3,480,000 | ~$71,218 | Partial |
| 2024 | $2,830,000 | — | — | −$1,803,520 | $1,026,480 | $— | $57,473 | Verified |
| 2023 | $2,500,000 | — | — | −$1,473,520 | $1,026,480 | $— | $51,202 | Verified |
| 2022 | $2,425,367 | — | — | −$1,398,887 | $1,026,480 | $— | $47,497 | Verified |
| 2021 | $2,248,362 | — | — | −$1,221,882 | $1,026,480 | $— | $48,123 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +20.0% | 97.4% | Not available | Partial |
| 2025 | +37.9% | +20.0% | 87.0% | Not available | Partial |
| 2024 | +2.5% | +2.5% | ~100% | 1.9800% | Verified |
| 2023 | +13.2% | +13.2% | ~100% | 1.8100% | Verified |
| 2022 | -1.8% | -1.8% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.1% | +13.7% | +14.8% | +41.3% | 2025 | +3.1% | 2023 |
| Assessment Ratio | 100.0% | 58.7% | — | 100.0% | 2026 | 36.3% | 2024 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$71,218 | $55,102 | ~$90,801 | $71,218 | 2025 | $47,497 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,619,643 | ~$3,828,000 | ~2.0139% | ~$77,093 | +15.5% |
| 2027 | ~$5,335,276 | ~$4,210,800 | ~1.9814% | ~$83,432 | +33.4% |
| 2028 | ~$6,161,768 | ~$4,631,880 | ~1.9488% | ~$90,268 | +54.0% |
| 2029 | ~$7,116,292 | ~$5,095,068 | ~1.9163% | ~$97,636 | +77.9% |
| 2030 | ~$8,218,682 | ~$5,604,575 | ~1.8837% | ~$105,576 | +105.5% |
| 2026 | ~$4,539,643 | ~$3,828,000 | ~2.0465% | ~$78,339 | +13.5% |
| 2027 | ~$5,152,090 | ~$4,210,800 | ~2.0465% | ~$86,173 | +28.8% |
| 2028 | ~$5,847,163 | ~$4,631,880 | ~2.0465% | ~$94,791 | +46.2% |
| 2029 | ~$6,636,008 | ~$5,095,068 | ~2.0465% | ~$104,270 | +65.9% |
| 2030 | ~$7,531,277 | ~$5,604,575 | ~2.0465% | ~$114,697 | +88.3% |
| 2026 | ~$4,699,643 | ~$3,828,000 | ~1.9977% | ~$76,471 | +17.5% |
| 2027 | ~$5,521,661 | ~$4,210,800 | ~1.9488% | ~$82,062 | +38.0% |
| 2028 | ~$6,487,460 | ~$4,631,880 | ~1.9000% | ~$88,006 | +62.2% |
| 2029 | ~$7,622,186 | ~$5,095,068 | ~1.8512% | ~$94,320 | +90.6% |
| 2030 | ~$8,955,389 | ~$5,604,575 | ~1.8024% | ~$101,015 | +123.9% |
In 2025, this property's market value of $4,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +182% 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 | $4,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,830,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,425,367 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,248,362 | $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.