2550 S INTERSTATE HY 35 TX 78741
| Owner | DAKOTA 2550 VENTURE LLC |
|---|---|
| Parcel ID | 0307020120 |
| Short ID | 287456 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,062 SF |
| Land SF | 38,909 SF |
| Acres | 0.893 |
| Year Built | 1985 |
| Legal | LOT C OLTORF VENTURE ADDN |
| Neighborhood | 52SCN |
| Land | $3,890,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,890,900 |
| Improvement | $350,215 |
|---|---|
| Total Improvement | $350,215 |
| Market | $4,241,115 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,241,115 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,505,115 |
| Net Appraised (assessed) | $2,736,000 |
| Taxable Value | $2,736,000 |
|---|
Appreciation: Market value has risen +71.8% from $2,469,350 (2021) to $4,241,115 (2025), a CAGR of 14.5% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $55,992. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,736,000) is $1,505,115 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 92% of market value ($3,890,900 land vs $350,215 improvements), about $100/SF of land. With value concentrated in the land under a ~41-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 $4,241,115, 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 +14.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,338,766 by 2030, with an estimated annual tax burden around $83,004. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,000 SF | ✗ |
| 2ND | 2nd Floor | 8,123 SF | ✓ |
| 1ST | 1st Floor | 7,939 SF | ✓ |
| 611 | TERRACE | 1,550 SF | ✗ |
| 501 | CANOPY | 1,092 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 86% in 2025, 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% | $25,313.47 | $25,313.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,337.11 | $14,337.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,283.12 | $10,283.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,229.11 | $3,229.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,829.02 | $2,829.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,991.83 | $55,991.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,314,120 | $4,241,115 | -45.4% |
| Assessed Value | $2,314,120 | $2,736,000 | -15.4% |
| Land Value | $3,890,900 | $3,890,900 | +0.0% |
| Improvement Value | — | $350,215 | — |
| Taxable Value | $2,314,120 | $2,736,000 | -15.4% |
| Total Tax 2026 = estimate |
~$47,358
Estimated
|
~$55,992
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,314,120 | $2,314,120 | +0 (+0.0%) |
| Taxable Value | $2,314,120 | $2,314,120 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,314,120 | $3,890,900 | — | — | $2,314,120 | $2,314,120 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,241,115 | $3,890,900 | $350,215 | −$1,505,115 | $2,736,000 | $2,736,000 | ~$55,992 | Partial |
| 2024 | $4,223,784 | — | — | −$1,943,784 | $2,280,000 | $— | $45,185 | Verified |
| 2023 | $2,433,000 | — | — | — | $3,890,900 ! | $— | $76,419 | Verified |
| 2022 | $2,421,100 | — | — | −$1,526,193 | $894,907 | $— | $48,050 | Verified |
| 2021 | $2,469,350 | — | — | −$1,574,443 | $894,907 | $— | $52,700 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -45.4% | -15.4% | ~100% | Not available | Partial |
| 2025 | +86.0% ! | +20.0% | 64.5% | Not available | Partial |
| 2024 | -46.0% | -46.0% | ~100% | 1.9800% | Verified |
| 2023 | +73.6% | +73.6% | ~100% | 1.8100% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +75.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -45.4% | +5.4% | +33.5% | +73.6% | 2024 | -45.4% | 2026 |
| Assessment Ratio | 100.0% | 75.3% | — | 159.9% | 2023 | 36.2% | 2021 |
| Effective Tax Rate (2025) | 1.3200% | 1.3200% | — | 1.3200% | 2025 | 1.3200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$55,992 | $55,669 | ~$71,388 | $76,419 | 2023 | $45,185 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,855,170 | ~$3,009,600 | ~2.0139% | ~$60,611 | +14.5% |
| 2027 | ~$5,558,131 | ~$3,310,560 | ~1.9814% | ~$65,595 | +31.1% |
| 2028 | ~$6,362,871 | ~$3,641,616 | ~1.9488% | ~$70,969 | +50.0% |
| 2029 | ~$7,284,126 | ~$4,005,778 | ~1.9163% | ~$76,762 | +71.8% |
| 2030 | ~$8,338,766 | ~$4,406,355 | ~1.8837% | ~$83,004 | +96.6% |
| 2026 | ~$4,770,347 | ~$3,009,600 | ~2.0465% | ~$61,591 | +12.5% |
| 2027 | ~$5,365,620 | ~$3,310,560 | ~2.0465% | ~$67,750 | +26.5% |
| 2028 | ~$6,035,175 | ~$3,641,616 | ~2.0465% | ~$74,525 | +42.3% |
| 2029 | ~$6,788,281 | ~$4,005,778 | ~2.0465% | ~$81,978 | +60.1% |
| 2030 | ~$7,635,364 | ~$4,406,355 | ~2.0465% | ~$90,175 | +80.0% |
| 2026 | ~$4,939,992 | ~$3,009,600 | ~1.9977% | ~$60,122 | +16.5% |
| 2027 | ~$5,754,034 | ~$3,310,560 | ~1.9488% | ~$64,518 | +35.7% |
| 2028 | ~$6,702,219 | ~$3,641,616 | ~1.9000% | ~$69,191 | +58.0% |
| 2029 | ~$7,806,651 | ~$4,005,778 | ~1.8512% | ~$74,155 | +84.1% |
| 2030 | ~$9,093,079 | ~$4,406,355 | ~1.8024% | ~$79,419 | +114.4% |
In 2025, this property's market value of $4,241,115 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +199% 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 | $4,241,115 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,223,784 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,433,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,421,100 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,469,350 | $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.