N INTERSTATE HY 35 TX 78753
| Owner | KHIT PROPERTY MANAGEMENT LLC |
|---|---|
| Parcel ID | 0250232317 |
| Short ID | 855783 |
| Type | Real |
| Use Code | F1 Commercial Real Property (Improved) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 2,200 SF |
| Acres | 0.051 |
| Year Built | — |
| Legal | 0.0505 AC OF LOT 119 WALNUT FOREST |
| Neighborhood | 59NOR |
| Land | $44,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $44,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $44,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $44,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $44,000 |
| Taxable Value | $44,000 |
|---|
Appreciation: Market value has risen +33.3% from $33,000 (2021) to $44,000 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→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 $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 100% of market value ($44,000 land vs $0 improvements), about $20/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 $44,000, this parcel sits in the bottom quartile (<25th 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $63,041 by 2030, with an estimated annual tax burden around $1,188. 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.
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% | $407.09 | $407.09 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $230.57 | $230.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $165.37 | $165.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51.93 | $51.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $45.50 | $45.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $900.46 | $900.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $44,000 | $44,000 | +0.0% |
| Assessed Value | $44,000 | $44,000 | +0.0% |
| Land Value | $44,000 | $44,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $44,000 | $44,000 | +0.0% |
| Total Tax 2026 = estimate |
~$900
Estimated
|
~$900
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $44,000 | $44,000 | +0 (+0.0%) |
| Taxable Value | $44,000 | $44,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $44,000 | $44,000 | — | — | $44,000 | $44,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $44,000 | $44,000 | — | — | $44,000 | $44,000 | ~$900 | Partial |
| 2024 | $— | — | — | — | $44,000 | $— | $872 | Verified |
| 2023 | $— | — | — | — | $44,000 | $— | $796 | Verified |
| 2022 | $— | — | — | — | $33,000 | $— | $652 | Verified |
| 2021 | $33,000 | — | — | — | $33,000 | $— | $718 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +33.3% | +33.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +16.6% | +7.5% | +33.3% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$900 | $809 | ~$1,067 | $900 | 2025 | $718 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$47,281 | ~$47,281 | ~2.0139% | ~$952 | +7.5% |
| 2027 | ~$50,807 | ~$50,807 | ~1.9814% | ~$1,007 | +15.5% |
| 2028 | ~$54,595 | ~$54,595 | ~1.9488% | ~$1,064 | +24.1% |
| 2029 | ~$58,667 | ~$58,667 | ~1.9163% | ~$1,124 | +33.3% |
| 2030 | ~$63,041 | ~$63,041 | ~1.8837% | ~$1,188 | +43.3% |
| 2026 | ~$46,401 | ~$46,401 | ~2.0465% | ~$950 | +5.5% |
| 2027 | ~$48,933 | ~$48,933 | ~2.0465% | ~$1,001 | +11.2% |
| 2028 | ~$51,603 | ~$51,603 | ~2.0465% | ~$1,056 | +17.3% |
| 2029 | ~$54,419 | ~$54,419 | ~2.0465% | ~$1,114 | +23.7% |
| 2030 | ~$57,389 | ~$57,389 | ~2.0465% | ~$1,174 | +30.4% |
| 2026 | ~$48,161 | ~$48,161 | ~1.9977% | ~$962 | +9.5% |
| 2027 | ~$52,716 | ~$52,716 | ~1.9488% | ~$1,027 | +19.8% |
| 2028 | ~$57,701 | ~$57,701 | ~1.9000% | ~$1,096 | +31.1% |
| 2029 | ~$63,158 | ~$63,158 | ~1.8512% | ~$1,169 | +43.5% |
| 2030 | ~$69,131 | ~$69,131 | ~1.8024% | ~$1,246 | +57.1% |
In 2025, this property's market value of $44,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -97% 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 | $44,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $33,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.