3600 S INTERSTATE HY 35 TX 78704
| Owner | HOME DEPOT USA INC |
|---|---|
| Parcel ID | 0310010405 |
| Short ID | 530263 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 112,320 SF |
| Land SF | 812,611 SF |
| Acres | 18.655 |
| Year Built | 2001 |
| Legal | LOT 1&2 BLK A ASSUMPTION CEMETERY SUBD RESUB OF LOTS 2, 3 & 4 |
| Neighborhood | 46CEN |
| Land | $27,303,730 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $27,303,730 |
| Improvement | $2,355,643 |
|---|---|
| Total Improvement | $2,355,643 |
| Market | $29,659,373 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,659,373 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,659,373 |
| Taxable Value | $29,659,373 |
|---|
Appreciation: Market value has risen +222.0% from $9,210,240 (2021) to $29,659,373 (2025), a CAGR of 34.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $606,975. 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 92% of market value ($27,303,730 land vs $2,355,643 improvements), about $34/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $29,659,373, 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 +34.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $127,945,713 by 2030, with an estimated annual tax burden around $899,802. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 350,000 SF | ✗ |
| 1ST | 1st Floor | 112,320 SF | ✓ |
| 491 | SPRINKLER HEADS | 112,320 SF | ✗ |
| 611 | TERRACE | 13,340 SF | ✗ |
| 501 | CANOPY | 12,334 SF | ✗ |
| 437 | FENCE MASON LF | 800 SF | ✗ |
| 541 | FENCE COMM LF | 441 SF | ✗ |
| 482 | LIGHT POLES | 23 SF | ✓ |
Market value changed by 233% in 2023, 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% | $274,408.52 | $274,408.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $155,420.16 | $155,420.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $111,473.27 | $111,473.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,004.88 | $35,004.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $30,667.79 | $30,667.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $606,974.62 | $606,974.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $28,882,893 | $29,659,373 | -2.6% |
| Assessed Value | $28,882,893 | $29,659,373 | -2.6% |
| Land Value | $27,303,730 | $27,303,730 | +0.0% |
| Improvement Value | $1,579,163 | $2,355,643 | -33.0% |
| Taxable Value | $28,882,893 | $29,659,373 | -2.6% |
| Total Tax 2026 = estimate |
~$591,084
Estimated
|
~$606,975
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $28,882,893 | $28,882,893 | +0 (+0.0%) |
| Taxable Value | $28,882,893 | $28,882,893 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $28,882,893 | $27,303,730 | $1,579,163 | — | $28,882,893 | $28,882,893 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,659,373 | $27,303,730 | $2,355,643 | — | $29,659,373 | $29,659,373 | ~$606,975 | Partial |
| 2024 | $30,659,280 | — | — | −$3,355,550 | $27,303,730 | $— | $570,673 | Verified |
| 2023 | $9,210,240 | — | — | — | $30,659,280 ! | $— | $554,702 | Verified |
| 2022 | $9,210,240 | — | — | −$1,896,741 | $7,313,499 | $— | $181,895 | Verified |
| 2021 | $9,210,240 | — | — | −$1,896,741 | $7,313,499 | $— | $200,477 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2024 | -6.1% | -6.1% | ~100% | 1.9800% | Verified |
| 2023 | +232.9% ! | +232.9% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +222.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +45.4% | +34.7% | +232.9% | 2024 | -3.3% | 2025 |
| Assessment Ratio | 100.0% | 130.1% | — | 332.9% | 2023 | 79.4% | 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 |
$606,975 | $422,945 | ~$773,881 | $606,975 | 2025 | $181,895 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$39,731,478 | ~$32,625,310 | ~2.0139% | ~$657,053 | +34.0% |
| 2027 | ~$53,223,996 | ~$35,887,841 | ~1.9814% | ~$711,077 | +79.5% |
| 2028 | ~$71,298,473 | ~$39,476,625 | ~1.9488% | ~$769,336 | +140.4% |
| 2029 | ~$95,510,910 | ~$43,424,288 | ~1.9163% | ~$832,136 | +222.0% |
| 2030 | ~$127,945,713 | ~$47,766,717 | ~1.8837% | ~$899,802 | +331.4% |
| 2026 | ~$39,138,290 | ~$32,625,310 | ~2.0465% | ~$667,672 | +32.0% |
| 2027 | ~$51,646,600 | ~$35,887,841 | ~2.0465% | ~$734,439 | +74.1% |
| 2028 | ~$68,152,474 | ~$39,476,625 | ~2.0465% | ~$807,883 | +129.8% |
| 2029 | ~$89,933,503 | ~$43,424,288 | ~2.0465% | ~$888,672 | +203.2% |
| 2030 | ~$118,675,590 | ~$47,766,717 | ~2.0465% | ~$977,539 | +300.1% |
| 2026 | ~$40,324,665 | ~$32,625,310 | ~1.9977% | ~$651,744 | +36.0% |
| 2027 | ~$54,825,119 | ~$35,887,841 | ~1.9488% | ~$699,396 | +84.8% |
| 2028 | ~$74,539,828 | ~$39,476,625 | ~1.9000% | ~$750,062 | +151.3% |
| 2029 | ~$101,343,802 | ~$43,424,288 | ~1.8512% | ~$803,868 | +241.7% |
| 2030 | ~$137,786,288 | ~$47,766,717 | ~1.8024% | ~$860,934 | +364.6% |
In 2025, this property's market value of $29,659,373 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $29,659,373 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $30,659,280 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,210,240 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,210,240 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,210,240 | $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.