1221 S INTERSTATE HY 35 TX 78741
| Owner | AZTECAS DE JUVENTINO ROSAS LLC |
|---|---|
| Parcel ID | 0302060238 |
| Short ID | 283743 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,188 SF |
| Land SF | 15,102 SF |
| Acres | 0.347 |
| Year Built | 1964 |
| Legal | LOT 2 PARKINSON LELA SUBD PLUS 1/2 ADJ VAC ALLEY |
| Neighborhood | 20CEN |
| Land | $1,208,152 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,208,152 |
| Improvement | $17,342 |
|---|---|
| Total Improvement | $17,342 |
| Market | $1,225,494 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,225,494 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,225,494 |
| Taxable Value | $1,225,494 |
|---|
Appreciation: Market value has risen +106.7% from $592,784 (2021) to $1,225,494 (2025), a CAGR of 19.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→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 $25,080. 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 99% of market value ($1,208,152 land vs $17,342 improvements), about $80/SF of land. With value concentrated in the land under a ~62-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 $1,225,494, 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 +19.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,037,943 by 2030, with an estimated annual tax burden around $37,179. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,420 SF | ✗ |
| 1ST | 1st Floor | 1,188 SF | ✓ |
| 501 | CANOPY | 560 SF | ✗ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
Market value changed by 120% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $11,338.27 | $11,338.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,421.80 | $6,421.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,605.96 | $4,605.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,446.36 | $1,446.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,267.16 | $1,267.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,079.55 | $25,079.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,226,705 | $1,225,494 | +0.1% |
| Assessed Value | $1,226,705 | $1,225,494 | +0.1% |
| Land Value | $1,208,152 | $1,208,152 | +0.0% |
| Improvement Value | $18,553 | $17,342 | +7.0% |
| Taxable Value | $1,226,705 | $1,225,494 | +0.1% |
| Total Tax 2026 = estimate |
~$25,104
Estimated
|
~$25,080
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,226,705 | $1,226,705 | +0 (+0.0%) |
| Taxable Value | $1,226,705 | $1,226,705 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,226,705 | $1,208,152 | $18,553 | — | $1,226,705 | $1,226,705 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,225,494 | $1,208,152 | $17,342 | — | $1,225,494 | $1,225,494 | ~$25,080 | Partial |
| 2024 | $572,927 | — | — | — | $1,228,392 ! | $— | $13,625 | Verified |
| 2023 | $565,474 | — | — | −$28,052 | $537,422 | $— | $10,366 | Verified |
| 2022 | $565,350 | — | — | −$27,928 | $537,422 | $— | $11,168 | Verified |
| 2021 | $592,784 | — | — | −$55,362 | $537,422 | $— | $12,306 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -3.0% | +78.3% | ~100% | Not available | Partial |
| 2024 | +120.4% ! | +20.0% | 54.4% | 1.0800% | Verified |
| 2023 | +1.3% | +1.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +116.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +22.1% | +19.9% | +113.9% | 2025 | -4.6% | 2022 |
| Assessment Ratio | 100.0% | 115.9% | — | 214.4% | 2024 | 90.7% | 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 |
$25,080 | $14,509 | ~$31,976 | $25,080 | 2025 | $10,366 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,469,484 | ~$1,348,043 | ~2.0139% | ~$27,149 | +19.9% |
| 2027 | ~$1,762,051 | ~$1,482,848 | ~1.9814% | ~$29,381 | +43.8% |
| 2028 | ~$2,112,867 | ~$1,631,133 | ~1.9488% | ~$31,788 | +72.4% |
| 2029 | ~$2,533,529 | ~$1,794,246 | ~1.9163% | ~$34,383 | +106.7% |
| 2030 | ~$3,037,943 | ~$1,973,670 | ~1.8837% | ~$37,179 | +147.9% |
| 2026 | ~$1,444,974 | ~$1,348,043 | ~2.0465% | ~$27,587 | +17.9% |
| 2027 | ~$1,703,762 | ~$1,482,848 | ~2.0465% | ~$30,346 | +39.0% |
| 2028 | ~$2,008,898 | ~$1,631,133 | ~2.0465% | ~$33,381 | +63.9% |
| 2029 | ~$2,368,682 | ~$1,794,246 | ~2.0465% | ~$36,719 | +93.3% |
| 2030 | ~$2,792,902 | ~$1,973,670 | ~2.0465% | ~$40,391 | +127.9% |
| 2026 | ~$1,493,994 | ~$1,348,043 | ~1.9977% | ~$26,929 | +21.9% |
| 2027 | ~$1,821,321 | ~$1,482,848 | ~1.9488% | ~$28,898 | +48.6% |
| 2028 | ~$2,220,364 | ~$1,631,133 | ~1.9000% | ~$30,992 | +81.2% |
| 2029 | ~$2,706,835 | ~$1,794,246 | ~1.8512% | ~$33,215 | +120.9% |
| 2030 | ~$3,299,889 | ~$1,973,670 | ~1.8024% | ~$35,573 | +169.3% |
In 2025, this property's market value of $1,225,494 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -14% 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 | $1,225,494 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $572,927 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $565,474 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $565,350 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $592,784 | $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.