W LOUIS HENNA BLVD TX 78728
| Owner | WEST 45 LLC |
|---|---|
| Parcel ID | 0284200116 |
| Short ID | 937588 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 9,300 SF |
| Land SF | 90,126 SF |
| Acres | 2.069 |
| Year Built | 2021 |
| Legal | LOT 2 BLK A PARKER SUBD LOT 2 BLK A |
| Neighborhood | 1NO3 |
| Land | $901,256 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $901,256 |
| Improvement | $3,968,579 |
|---|---|
| Total Improvement | $3,968,579 |
| Market | $4,869,835 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,869,835 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,869,835 |
| Taxable Value | $4,869,835 |
|---|
Appreciation: Market value has risen +431.2% from $916,754 (2022) to $4,869,835 (2025), a CAGR of 74.5% over 3 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 +16.6%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $90,694. Round Rock ISD is the largest single contributor, at 48.0% 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 19% of market value ($901,256 land vs $3,968,579 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,869,835, 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 +74.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $78,755,937 by 2030, with an estimated annual tax burden around $122,318. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,300 SF | ✓ |
Market value changed by 425% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $43,492.50 | $43,492.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,303.03 | $18,303.03 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $18,115.79 | $18,115.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,747.53 | $5,747.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,035.41 | $5,035.41 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $90,694.26 | $90,694.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,869,835 | $4,869,835 | +0.0% |
| Assessed Value | $4,869,835 | $4,869,835 | +0.0% |
| Land Value | $901,256 | $901,256 | +0.0% |
| Improvement Value | $3,968,579 | $3,968,579 | +0.0% |
| Taxable Value | $4,869,835 | $4,869,835 | +0.0% |
| Total Tax 2026 = estimate |
~$90,694
Estimated
|
~$90,694
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,869,835 | $4,869,835 | +0 (+0.0%) |
| Taxable Value | $4,869,835 | $4,869,835 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,869,835 | $901,256 | $3,968,579 | — | $4,869,835 | $4,869,835 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,869,835 | $901,256 | $3,968,579 | — | $4,869,835 | $4,869,835 | ~$90,694 | Partial |
| 2024 | $4,993,612 | — | — | −$4,092,356 | $901,256 | $— | $93,842 | Verified |
| 2023 | $4,814,876 | — | — | −$3,913,620 | $901,256 | $— | $88,135 | Verified |
| 2022 | $916,754 | — | — | −$15,498 | $901,256 | $— | $92,456 | Verified |
| 2021 | $— | — | — | — | $901,256 | $— | $19,294 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | +4.0% | +4.0% | ~100% | 1.8100% | Verified |
| 2023 | +3.7% | +3.7% | ~100% | 1.7600% | Verified |
| 2022 | +425.2% ! | +425.2% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +431.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +106.6% | +74.5% | +425.2% | 2023 | -2.5% | 2025 |
| Assessment Ratio | 100.0% | 67.0% | — | 100.0% | 2025 | 18.0% | 2024 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$90,694 | $91,282 | ~$109,179 | $93,842 | 2024 | $88,135 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,497,048 | ~$5,356,818 | ~1.8018% | ~$96,520 | +74.5% |
| 2027 | ~$14,825,927 | ~$5,892,500 | ~1.7413% | ~$102,604 | +204.4% |
| 2028 | ~$25,868,764 | ~$6,481,750 | ~1.6807% | ~$108,939 | +431.2% |
| 2029 | ~$45,136,667 | ~$7,129,925 | ~1.6202% | ~$115,516 | +826.9% |
| 2030 | ~$78,755,937 | ~$7,842,918 | ~1.5596% | ~$122,318 | +1517.2% |
| 2026 | ~$8,399,651 | ~$5,356,818 | ~1.8624% | ~$99,764 | +72.5% |
| 2027 | ~$14,487,993 | ~$5,892,500 | ~1.8624% | ~$109,740 | +197.5% |
| 2028 | ~$24,989,366 | ~$6,481,750 | ~1.8624% | ~$120,714 | +413.1% |
| 2029 | ~$43,102,477 | ~$7,129,925 | ~1.8624% | ~$132,785 | +785.1% |
| 2030 | ~$74,344,566 | ~$7,842,918 | ~1.8624% | ~$146,064 | +1426.6% |
| 2026 | ~$8,594,444 | ~$5,356,818 | ~1.7715% | ~$94,898 | +76.5% |
| 2027 | ~$15,167,757 | ~$5,892,500 | ~1.6807% | ~$99,036 | +211.5% |
| 2028 | ~$26,768,555 | ~$6,481,750 | ~1.5899% | ~$103,052 | +449.7% |
| 2029 | ~$47,242,023 | ~$7,129,925 | ~1.4991% | ~$106,881 | +870.1% |
| 2030 | ~$83,374,272 | ~$7,842,918 | ~1.4082% | ~$110,446 | +1612.1% |
In 2025, this property's market value of $4,869,835 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,869,835 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,993,612 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,814,876 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $916,754 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.