3505 WELLS BRANCH PKWY TX 78728
| Owner | WELLS BRANCH MARKET LLC |
|---|---|
| Parcel ID | 0270160415 |
| Short ID | 273275 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,288 SF |
| Land SF | 25,943 SF |
| Acres | 0.596 |
| Year Built | 1987 |
| Legal | LOT 4 LESS .217A MARKET AT WELLS BRANCH SUBD SEC 2 |
| Neighborhood | 48NOR |
| Land | $518,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $518,860 |
| Improvement | $445,637 |
|---|---|
| Total Improvement | $445,637 |
| Market | $964,497 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $964,497 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $964,497 |
| Taxable Value | $964,497 |
|---|
Appreciation: Market value has risen +41.6% from $680,978 (2021) to $964,497 (2025), a CAGR of 9.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $19,429. Round Rock ISD is the largest single contributor, at 44.3% 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 54% of market value ($518,860 land vs $445,637 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $964,497, 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,490,255 by 2030, with an estimated annual tax burden around $25,657. 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 | 18,000 SF | ✗ |
| 501 | CANOPY | 2,704 SF | ✗ |
| 1ST | 1st Floor | 2,288 SF | ✓ |
| 611 | TERRACE | 702 SF | ✗ |
| 437 | FENCE MASON LF | 31 SF | ✗ |
| 482 | LIGHT POLES | 3 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $8,613.92 | $8,613.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,054.13 | $5,054.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,625.01 | $3,625.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,138.33 | $1,138.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $997.29 | $997.29 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $19,428.68 | $19,428.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $984,848 | $964,497 | +2.1% |
| Assessed Value | $984,848 | $964,497 | +2.1% |
| Land Value | $518,860 | $518,860 | +0.0% |
| Improvement Value | $465,988 | $445,637 | +4.6% |
| Taxable Value | $984,848 | $964,497 | +2.1% |
| Total Tax 2026 = estimate |
~$19,839
Estimated
|
~$19,429
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $984,848 | $984,848 | +0 (+0.0%) |
| Taxable Value | $984,848 | $984,848 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $984,848 | $518,860 | $465,988 | — | $984,848 | $984,848 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $964,497 | $518,860 | $445,637 | — | $964,497 | $964,497 | ~$19,429 | Partial |
| 2024 | $828,241 | — | — | −$309,381 | $518,860 | $— | $18,617 | Verified |
| 2023 | $686,335 | — | — | −$297,190 | $389,145 | $— | $15,478 | Verified |
| 2022 | $686,336 | — | — | −$297,191 | $389,145 | $— | $14,008 | Verified |
| 2021 | $680,978 | — | — | −$291,833 | $389,145 | $— | $15,433 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2024 | +14.3% | +14.3% | ~100% | 1.9200% | Verified |
| 2023 | +21.4% | +21.4% | ~100% | 1.8300% | Verified |
| 2022 | +1.6% | +1.6% | ~100% | 2.0100% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.1% | +8.0% | +8.6% | +20.7% | 2024 | +-0.0% | 2023 |
| Assessment Ratio | 100.0% | 72.2% | — | 100.0% | 2025 | 56.7% | 2022 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,429 | $16,593 | ~$23,071 | $19,429 | 2025 | $14,008 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,052,187 | ~$1,052,187 | ~1.9558% | ~$20,579 | +9.1% |
| 2027 | ~$1,147,849 | ~$1,147,849 | ~1.8973% | ~$21,778 | +19.0% |
| 2028 | ~$1,252,209 | ~$1,252,209 | ~1.8387% | ~$23,025 | +29.8% |
| 2029 | ~$1,366,057 | ~$1,366,057 | ~1.7802% | ~$24,318 | +41.6% |
| 2030 | ~$1,490,255 | ~$1,490,255 | ~1.7216% | ~$25,657 | +54.5% |
| 2026 | ~$1,032,897 | ~$1,032,897 | ~2.0144% | ~$20,807 | +7.1% |
| 2027 | ~$1,106,147 | ~$1,106,147 | ~2.0144% | ~$22,282 | +14.7% |
| 2028 | ~$1,184,593 | ~$1,184,593 | ~2.0144% | ~$23,862 | +22.8% |
| 2029 | ~$1,268,601 | ~$1,268,601 | ~2.0144% | ~$25,555 | +31.5% |
| 2030 | ~$1,358,567 | ~$1,358,567 | ~2.0144% | ~$27,367 | +40.9% |
| 2026 | ~$1,071,477 | ~$1,060,947 | ~1.9266% | ~$20,440 | +11.1% |
| 2027 | ~$1,190,322 | ~$1,167,041 | ~1.8387% | ~$21,459 | +23.4% |
| 2028 | ~$1,322,350 | ~$1,283,746 | ~1.7509% | ~$22,477 | +37.1% |
| 2029 | ~$1,469,022 | ~$1,412,120 | ~1.6631% | ~$23,485 | +52.3% |
| 2030 | ~$1,631,962 | ~$1,553,332 | ~1.5753% | ~$24,469 | +69.2% |
In 2025, this property's market value of $964,497 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -32% 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 | $964,497 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $828,241 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $686,335 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $686,336 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $680,978 | $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.