1620 S INTERSTATE HY 35 TX 78735
| Owner | EXTRA SPACE PROPERTIES TWO LLC |
|---|---|
| Parcel ID | 0303050105 |
| Short ID | 284823 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 101,766 SF |
| Land SF | 99,840 SF |
| Acres | 2.292 |
| Year Built | 2019 |
| Legal | ABS 24 DELVALLE S ACR 2.292 |
| Neighborhood | 63SOU |
| Land | $9,983,952 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,983,952 |
| Improvement | $9,256,048 |
|---|---|
| Total Improvement | $9,256,048 |
| Market | $19,240,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,240,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,240,000 |
| Taxable Value | $19,240,000 |
|---|
Appreciation: Market value has risen +43.9% from $13,375,000 (2021) to $19,240,000 (2025), a CAGR of 9.5% over 4 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 +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 $393,744. 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 52% of market value ($9,983,952 land vs $9,256,048 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $19,240,000, 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 +9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $30,310,574 by 2030, with an estimated annual tax burden around $570,973. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 33,922 SF | ✓ |
| 2ND | 2nd Floor | 33,922 SF | ✓ |
| 3RD | 3rd Floor | 33,922 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $166,016.53 | $166,016.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $94,028.84 | $94,028.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $67,441.07 | $67,441.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $21,177.87 | $21,177.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,553.94 | $18,553.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $367,218.25 | $367,218.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,948,000 | $19,240,000 | -6.7% |
| Assessed Value | $17,948,000 | $19,240,000 | -6.7% |
| Land Value | $9,983,952 | $9,983,952 | +0.0% |
| Improvement Value | $7,964,048 | $9,256,048 | -14.0% |
| Taxable Value | $17,948,000 | $19,240,000 | -6.7% |
| Total Tax 2026 = estimate |
~$367,303
Estimated
|
~$367,218
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,995,099 | $17,948,000 | -2,047,099 (-10.2%) |
| Taxable Value | $19,995,099 | $17,948,000 | -2,047,099 (-10.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $17,948,000 | $9,983,952 | $7,964,048 | — | $17,948,000 | $17,948,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $19,240,000 | $9,983,952 | $9,256,048 | — | $19,240,000 | $19,240,000 | ~$367,218 | Partial |
| 2024 | $23,500,000 | — | — | −$13,516,048 | $9,983,952 | $— | $514,900 | Verified |
| 2023 | $23,000,000 | — | — | −$13,016,048 | $9,983,952 | $— | $429,431 | Verified |
| 2022 | $16,142,083 | — | — | −$13,146,897 | $2,995,186 | $— | $454,232 | Verified |
| 2021 | $13,375,000 | — | — | −$10,379,814 | $2,995,186 | $— | $351,361 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | -31.0% | -31.0% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.8500% | Verified |
| 2023 | +20.9% | +20.9% | ~100% | 1.5400% | Verified |
| 2022 | +42.5% | +42.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.7% | +8.1% | +11.1% | +42.5% | 2023 | -18.1% | 2025 |
| Assessment Ratio | 100.0% | 54.5% | — | 100.0% | 2025 | 18.6% | 2022 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$367,218 | $423,429 | ~$495,086 | $514,900 | 2024 | $351,361 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$21,070,890 | ~$21,070,890 | ~2.0139% | ~$424,354 | +9.5% |
| 2027 | ~$23,076,009 | ~$23,076,009 | ~1.9814% | ~$457,225 | +19.9% |
| 2028 | ~$25,271,937 | ~$25,271,937 | ~1.9488% | ~$492,509 | +31.4% |
| 2029 | ~$27,676,830 | ~$27,676,830 | ~1.9163% | ~$530,369 | +43.9% |
| 2030 | ~$30,310,574 | ~$30,310,574 | ~1.8837% | ~$570,973 | +57.5% |
| 2026 | ~$20,686,090 | ~$20,686,090 | ~2.0465% | ~$423,338 | +7.5% |
| 2027 | ~$22,240,870 | ~$22,240,870 | ~2.0465% | ~$455,156 | +15.6% |
| 2028 | ~$23,912,507 | ~$23,912,507 | ~2.0465% | ~$489,366 | +24.3% |
| 2029 | ~$25,709,786 | ~$25,709,786 | ~2.0465% | ~$526,147 | +33.6% |
| 2030 | ~$27,642,150 | ~$27,642,150 | ~2.0465% | ~$565,692 | +43.7% |
| 2026 | ~$21,455,690 | ~$21,164,000 | ~1.9977% | ~$422,785 | +11.5% |
| 2027 | ~$23,926,541 | ~$23,280,400 | ~1.9488% | ~$453,698 | +24.4% |
| 2028 | ~$26,681,936 | ~$25,608,440 | ~1.9000% | ~$486,565 | +38.7% |
| 2029 | ~$29,754,645 | ~$28,169,284 | ~1.8512% | ~$521,468 | +54.6% |
| 2030 | ~$33,181,208 | ~$30,986,212 | ~1.8024% | ~$558,487 | +72.5% |
In 2025, this property's market value of $19,240,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 14× 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 | $19,240,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $23,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $23,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,142,083 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,375,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.