1301 S INTERSTATE HY 35 TX 78741
| Owner | 1301 135 AMERICANA LLC |
|---|---|
| Parcel ID | 0302060240 |
| Short ID | 283745 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 19,212 SF |
| Land SF | 36,849 SF |
| Acres | 0.846 |
| Year Built | 1970 |
| Legal | LOT 3-A RESUB OF LT 3 PARKINSON LELA SUBD LOT 12 BLK 10 BELLVUE PARK |
| Neighborhood | 52SCN |
| Land | $2,947,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,947,920 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,540,371 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,540,371 |
| Value Limitation Adjustment (−) (homestead cap) | −$47,039 |
| Net Appraised (assessed) | $2,493,332 |
| Taxable Value | $2,493,332 |
|---|
Appreciation: Market value has risen +27.1% from $1,999,429 (2021) to $2,540,371 (2025), a CAGR of 6.2% over 4 years. This represents moderate, steady growth. 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 $51,026. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,493,332) is $47,039 below market value, suggesting potential for an upward assessment in future years.
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 116% of market value ($2,947,920 land vs $0 improvements), about $80/SF of land. With value concentrated in the land under a ~56-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 $2,540,371, 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,426,779 by 2030, with an estimated annual tax burden around $64,552. 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 | 24,210 SF | ✗ |
| 1ST | 1st Floor | 6,404 SF | ✓ |
| 2ND | 2nd Floor | 6,404 SF | ✓ |
| FBSMT | Finished Basement | 6,404 SF | ✓ |
| 501 | CANOPY | 1,795 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $23,068.31 | $23,068.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,065.48 | $13,065.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,371.06 | $9,371.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,942.71 | $2,942.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,578.11 | $2,578.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $51,025.67 | $51,025.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,947,920 | $2,540,371 | +16.0% |
| Assessed Value | $2,947,920 | $2,493,332 | +18.2% |
| Land Value | $2,947,920 | $2,947,920 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,947,920 | $2,493,332 | +18.2% |
| Total Tax 2026 = estimate |
~$60,329
Estimated
|
~$51,026
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,947,920 | $2,947,920 | +0 (+0.0%) |
| Taxable Value | $2,947,920 | $2,947,920 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,947,920 | $2,947,920 | — | — | $2,947,920 | $2,947,920 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,540,371 | $2,947,920 | — | −$47,039 | $2,493,332 | $2,493,332 | ~$51,026 | Partial |
| 2024 | $1,938,228 | — | — | — | $2,077,777 ! | $— | $41,178 | Verified |
| 2023 | $2,011,300 | — | — | −$905,830 | $1,105,470 | $— | $35,067 | Verified |
| 2022 | $2,019,090 | — | — | −$913,620 | $1,105,470 | $— | $39,722 | Verified |
| 2021 | $1,999,429 | — | — | −$893,959 | $1,105,470 | $— | $43,949 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.0% | +18.2% | ~100% | Not available | Partial |
| 2025 | +22.3% | +20.0% | 98.2% | Not available | Partial |
| 2024 | +7.2% | +7.2% | ~100% | 1.9800% | Verified |
| 2023 | -3.6% | -3.6% | ~100% | 1.8100% | Verified |
| 2022 | -0.4% | -0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.0% | +8.8% | +3.2% | +31.1% | 2025 | -3.6% | 2024 |
| Assessment Ratio | 100.0% | 78.4% | — | 107.2% | 2024 | 54.8% | 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 |
$51,026 | $42,188 | ~$59,341 | $51,026 | 2025 | $35,067 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,697,087 | ~$2,697,087 | ~2.0139% | ~$54,318 | +6.2% |
| 2027 | ~$2,863,471 | ~$2,863,471 | ~1.9814% | ~$56,736 | +12.7% |
| 2028 | ~$3,040,119 | ~$3,040,119 | ~1.9488% | ~$59,247 | +19.7% |
| 2029 | ~$3,227,664 | ~$3,227,664 | ~1.9163% | ~$61,851 | +27.1% |
| 2030 | ~$3,426,779 | ~$3,426,779 | ~1.8837% | ~$64,552 | +34.9% |
| 2026 | ~$2,646,279 | ~$2,646,279 | ~2.0465% | ~$54,156 | +4.2% |
| 2027 | ~$2,756,603 | ~$2,756,603 | ~2.0465% | ~$56,413 | +8.5% |
| 2028 | ~$2,871,526 | ~$2,871,526 | ~2.0465% | ~$58,765 | +13.0% |
| 2029 | ~$2,991,241 | ~$2,991,241 | ~2.0465% | ~$61,215 | +17.7% |
| 2030 | ~$3,115,946 | ~$3,115,946 | ~2.0465% | ~$63,767 | +22.7% |
| 2026 | ~$2,747,894 | ~$2,742,665 | ~1.9977% | ~$54,789 | +8.2% |
| 2027 | ~$2,972,370 | ~$2,972,370 | ~1.9488% | ~$57,927 | +17.0% |
| 2028 | ~$3,215,184 | ~$3,215,184 | ~1.9000% | ~$61,089 | +26.6% |
| 2029 | ~$3,477,832 | ~$3,477,832 | ~1.8512% | ~$64,381 | +36.9% |
| 2030 | ~$3,761,937 | ~$3,761,937 | ~1.8024% | ~$67,804 | +48.1% |
In 2025, this property's market value of $2,540,371 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +79% 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 | $2,540,371 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,938,228 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,011,300 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,019,090 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,999,429 | $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.