10701 N U S HY 183 TX 78747
| Owner | SCHMIDT 183 LLC |
|---|---|
| Parcel ID | 0254000119 |
| Short ID | 526854 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,461 SF |
| Land SF | 23,304 SF |
| Acres | 0.535 |
| Year Built | 2009 |
| Legal | LOT 3 BLK A SCHMIDT RESUB |
| Neighborhood | 33NWE |
| Land | $699,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $699,120 |
| Improvement | $1,047,717 |
|---|---|
| Total Improvement | $1,047,717 |
| Market | $1,746,837 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,746,837 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,746,837 |
| Taxable Value | $1,746,837 |
|---|
Appreciation: Market value has risen +4.7% from $1,667,657 (2021) to $1,746,837 (2025), a CAGR of 1.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $35,749. 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 40% of market value ($699,120 land vs $1,047,717 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~17 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,746,837, 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 +1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,851,119 by 2030, with an estimated annual tax burden around $34,870. 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 | 15,000 SF | ✗ |
| 1ST | 1st Floor | 2,461 SF | ✓ |
| 611 | TERRACE | 348 SF | ✗ |
| 437 | FENCE MASON LF | 44 SF | ✗ |
| 435 | FENCE IRON LF | 12 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% | $16,161.74 | $16,161.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,153.72 | $9,153.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,565.40 | $6,565.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,061.67 | $2,061.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,806.23 | $1,806.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,748.76 | $35,748.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,823,478 | $1,746,837 | +4.4% |
| Assessed Value | $1,823,478 | $1,746,837 | +4.4% |
| Land Value | $699,120 | $699,120 | +0.0% |
| Improvement Value | $1,124,358 | $1,047,717 | +7.3% |
| Taxable Value | $1,823,478 | $1,746,837 | +4.4% |
| Total Tax 2026 = estimate |
~$37,317
Estimated
|
~$35,749
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,919,450 | $1,823,478 | -95,972 (-5.0%) |
| Taxable Value | $1,919,450 | $1,823,478 | -95,972 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,823,478 | $699,120 | $1,124,358 | — | $1,823,478 | $1,823,478 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,746,837 | $699,120 | $1,047,717 | — | $1,746,837 | $1,746,837 | ~$35,749 | Partial |
| 2024 | $1,751,617 | — | — | −$1,052,497 | $699,120 | $— | $34,848 | Verified |
| 2023 | $1,647,826 | — | — | −$1,065,226 | $582,600 | $— | $31,784 | Verified |
| 2022 | $1,708,783 | — | — | −$1,126,183 | $582,600 | $— | $32,543 | Verified |
| 2021 | $1,667,657 | — | — | −$1,085,057 | $582,600 | $— | $37,195 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.9% | +9.9% | ~100% | Not available | Partial |
| 2025 | -5.6% | -5.6% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | 1.8800% | Verified |
| 2023 | +12.0% | +12.0% | ~100% | 1.7200% | Verified |
| 2022 | -3.6% | -3.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.4% | +1.9% | +0.3% | +6.3% | 2024 | -3.6% | 2023 |
| Assessment Ratio | 100.0% | 57.4% | — | 100.0% | 2025 | 34.1% | 2022 |
| 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 |
$35,749 | $34,424 | ~$35,239 | $37,195 | 2021 | $31,784 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,767,213 | ~$1,767,213 | ~2.0139% | ~$35,591 | +1.2% |
| 2027 | ~$1,787,826 | ~$1,787,826 | ~1.9814% | ~$35,424 | +2.3% |
| 2028 | ~$1,808,680 | ~$1,808,680 | ~1.9488% | ~$35,248 | +3.5% |
| 2029 | ~$1,829,776 | ~$1,829,776 | ~1.9163% | ~$35,064 | +4.7% |
| 2030 | ~$1,851,119 | ~$1,851,119 | ~1.8837% | ~$34,870 | +6.0% |
| 2026 | ~$1,732,276 | ~$1,732,276 | ~2.0465% | ~$35,451 | -0.8% |
| 2027 | ~$1,717,836 | ~$1,717,836 | ~2.0465% | ~$35,155 | -1.7% |
| 2028 | ~$1,703,517 | ~$1,703,517 | ~2.0465% | ~$34,862 | -2.5% |
| 2029 | ~$1,689,317 | ~$1,689,317 | ~2.0465% | ~$34,572 | -3.3% |
| 2030 | ~$1,675,235 | ~$1,675,235 | ~2.0465% | ~$34,283 | -4.1% |
| 2026 | ~$1,802,149 | ~$1,802,149 | ~1.9977% | ~$36,001 | +3.2% |
| 2027 | ~$1,859,213 | ~$1,859,213 | ~1.9488% | ~$36,233 | +6.4% |
| 2028 | ~$1,918,084 | ~$1,918,084 | ~1.9000% | ~$36,444 | +9.8% |
| 2029 | ~$1,978,818 | ~$1,978,818 | ~1.8512% | ~$36,632 | +13.3% |
| 2030 | ~$2,041,476 | ~$2,041,476 | ~1.8024% | ~$36,795 | +16.9% |
In 2025, this property's market value of $1,746,837 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +23% 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 | $1,746,837 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,751,617 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,647,826 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,708,783 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,667,657 | $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.