9012 N U S HY 183 TX 78747
| Owner | AUSTIN HOME CENTER ASSOCIATES |
|---|---|
| Parcel ID | 0245070701 |
| Short ID | 251492 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 115,124 SF |
| Land SF | 380,124 SF |
| Acres | 8.726 |
| Year Built | 1979 |
| Legal | LOT A * LESS .51A SCHNIP I LOT 2 * SCHNIP 1-A & ACR .255 DAVIS G W |
| Neighborhood | 41CEN |
| Land | $13,898,284 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,898,284 |
| Improvement | $756,124 |
|---|---|
| Total Improvement | $756,124 |
| Market | $14,654,408 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,654,408 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,654,408 |
| Taxable Value | $14,654,408 |
|---|
Appreciation: Market value has risen +40.1% from $10,457,000 (2021) to $14,654,408 (2025), a CAGR of 8.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $299,900. 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 95% of market value ($13,898,284 land vs $756,124 improvements), about $37/SF of land. With value concentrated in the land under a ~47-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $14,654,408, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $22,344,454 by 2030, with an estimated annual tax burden around $420,912. 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 | 185,372 SF | ✗ |
| 1ST | 1st Floor | 115,124 SF | ✓ |
| 491 | SPRINKLER HEADS | 64,480 SF | ✗ |
| 611 | TERRACE | 7,203 SF | ✗ |
| 501 | CANOPY | 6,935 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $135,582.58 | $135,582.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $76,791.59 | $76,791.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $55,077.86 | $55,077.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,295.57 | $17,295.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,152.66 | $15,152.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $299,900.26 | $299,900.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,654,408 | $14,654,408 | +0.0% |
| Assessed Value | $14,654,408 | $14,654,408 | +0.0% |
| Land Value | $13,898,284 | $13,898,284 | +0.0% |
| Improvement Value | $756,124 | $756,124 | +0.0% |
| Taxable Value | $14,654,408 | $14,654,408 | +0.0% |
| Total Tax 2026 = estimate |
~$299,900
Estimated
|
~$299,900
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,491,915 | $14,654,408 | -837,507 (-5.4%) |
| Taxable Value | $15,491,915 | $14,654,408 | -837,507 (-5.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,654,408 | $13,898,284 | $756,124 | — | $14,654,408 | $14,654,408 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $14,654,408 | $13,898,284 | $756,124 | — | $14,654,408 | $14,654,408 | ~$299,900 | Partial |
| 2024 | $15,000,000 | — | — | −$1,101,716 | $13,898,284 | $— | $305,159 | Verified |
| 2023 | $14,900,000 | — | — | −$1,001,716 | $13,898,284 | $— | $272,560 | Verified |
| 2022 | $11,000,000 | — | — | — | $13,898,284 ! | $— | $294,939 | Verified |
| 2021 | $10,457,000 | — | — | −$478,745 | $9,978,255 | $— | $239,435 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | -4.9% | -4.9% | ~100% | 1.9800% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.6800% | Verified |
| 2022 | +41.7% | +41.7% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.8% | +8.8% | +35.5% | 2023 | -2.3% | 2025 |
| Assessment Ratio | 100.0% | 101.3% | — | 126.3% | 2022 | 92.7% | 2024 |
| 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 |
$299,900 | $282,399 | ~$369,428 | $305,159 | 2024 | $239,435 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$15,944,414 | ~$15,944,414 | ~2.0139% | ~$321,110 | +8.8% |
| 2027 | ~$17,347,978 | ~$17,347,978 | ~1.9814% | ~$343,731 | +18.4% |
| 2028 | ~$18,875,095 | ~$18,875,095 | ~1.9488% | ~$367,845 | +28.8% |
| 2029 | ~$20,536,643 | ~$20,536,643 | ~1.9163% | ~$393,542 | +40.1% |
| 2030 | ~$22,344,454 | ~$22,344,454 | ~1.8837% | ~$420,912 | +52.5% |
| 2026 | ~$15,651,326 | ~$15,651,326 | ~2.0465% | ~$320,302 | +6.8% |
| 2027 | ~$16,716,063 | ~$16,716,063 | ~2.0465% | ~$342,092 | +14.1% |
| 2028 | ~$17,853,233 | ~$17,853,233 | ~2.0465% | ~$365,364 | +21.8% |
| 2029 | ~$19,067,762 | ~$19,067,762 | ~2.0465% | ~$390,219 | +30.1% |
| 2030 | ~$20,364,915 | ~$20,364,915 | ~2.0465% | ~$416,765 | +39.0% |
| 2026 | ~$16,237,502 | ~$16,119,849 | ~1.9977% | ~$322,020 | +10.8% |
| 2027 | ~$17,991,616 | ~$17,731,834 | ~1.9488% | ~$345,565 | +22.8% |
| 2028 | ~$19,935,225 | ~$19,505,017 | ~1.9000% | ~$370,599 | +36.0% |
| 2029 | ~$22,088,798 | ~$21,455,519 | ~1.8512% | ~$397,183 | +50.7% |
| 2030 | ~$24,475,019 | ~$23,601,071 | ~1.8024% | ~$425,379 | +67.0% |
In 2025, this property's market value of $14,654,408 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $14,654,408 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,457,000 | $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.