2429 BASTROP HWY TX 78617
| Owner | KEY TO HOSPITALITY LLC |
|---|---|
| Parcel ID | 0314300110 |
| Short ID | 291971 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 2,740 SF |
| Land SF | 38,779 SF |
| Acres | 0.890 |
| Year Built | 1970 |
| Legal | LOT A C F R ADDN |
| Neighborhood | 31SEA |
| Land | $775,580 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $775,580 |
| Improvement | $38,308 |
|---|---|
| Total Improvement | $38,308 |
| Market | $813,888 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $813,888 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $813,888 |
| Taxable Value | $813,888 |
|---|
Appreciation: Market value has fallen -3.7% from $844,896 (2021) to $813,888 (2025), a CAGR of -0.9% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,849. Del Valle ISD is the largest single contributor, at 45.8% 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 95% of market value ($775,580 land vs $38,308 improvements), about $20/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 $813,888, 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 -0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $776,723 by 2030, with an estimated annual tax burden around $13,683. 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 | 7,000 SF | ✗ |
| 1ST | 1st Floor | 2,740 SF | ✓ |
| 611 | TERRACE | 1,648 SF | ✗ |
| 501 | CANOPY | 72 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $7,591.20 | $7,591.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,192.14 | $4,192.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,006.76 | $3,006.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $944.18 | $944.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $827.20 | $827.20 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $16,561.48 | $16,561.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $816,631 | $813,888 | +0.3% |
| Assessed Value | $816,631 | $813,888 | +0.3% |
| Land Value | $775,580 | $775,580 | +0.0% |
| Improvement Value | $41,051 | $38,308 | +7.2% |
| Taxable Value | $816,631 | $813,888 | +0.3% |
| Total Tax 2026 = estimate |
~$16,906
Estimated
|
~$16,561
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $816,631 | $816,631 | +0 (+0.0%) |
| Taxable Value | $816,631 | $816,631 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $816,631 | $775,580 | $41,051 | — | $816,631 | $816,631 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $813,888 | $775,580 | $38,308 | — | $813,888 | $813,888 | ~$16,561 | Partial |
| 2024 | $854,739 | — | — | −$79,159 | $775,580 | $— | $17,277 | Verified |
| 2023 | $832,341 | — | — | −$56,761 | $775,580 | $— | $16,689 | Verified |
| 2022 | $831,640 | — | — | −$56,060 | $775,580 | $— | $18,003 | Verified |
| 2021 | $844,896 | — | — | −$69,316 | $775,580 | $— | $19,269 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | 2.0300% | Verified |
| 2023 | +2.7% | +2.7% | ~100% | 1.9500% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | -0.7% | -1.0% | +2.7% | 2024 | -4.8% | 2025 |
| Assessment Ratio | 100.0% | 94.8% | — | 100.0% | 2025 | 90.7% | 2024 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,561 | $17,560 | ~$14,929 | $19,269 | 2021 | $16,561 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$806,315 | ~$806,315 | ~2.0085% | ~$16,195 | -0.9% |
| 2027 | ~$798,813 | ~$798,813 | ~1.9468% | ~$15,551 | -1.9% |
| 2028 | ~$791,381 | ~$791,381 | ~1.8851% | ~$14,918 | -2.8% |
| 2029 | ~$784,018 | ~$784,018 | ~1.8234% | ~$14,296 | -3.7% |
| 2030 | ~$776,723 | ~$776,723 | ~1.7617% | ~$13,683 | -4.6% |
| 2026 | ~$790,038 | ~$790,038 | ~2.0702% | ~$16,355 | -2.9% |
| 2027 | ~$766,886 | ~$766,886 | ~2.0702% | ~$15,876 | -5.8% |
| 2028 | ~$744,413 | ~$744,413 | ~2.0702% | ~$15,411 | -8.5% |
| 2029 | ~$722,599 | ~$722,599 | ~2.0702% | ~$14,959 | -11.2% |
| 2030 | ~$701,424 | ~$701,424 | ~2.0702% | ~$14,521 | -13.8% |
| 2026 | ~$822,593 | ~$822,593 | ~1.9776% | ~$16,268 | +1.1% |
| 2027 | ~$831,392 | ~$831,392 | ~1.8851% | ~$15,672 | +2.2% |
| 2028 | ~$840,284 | ~$840,284 | ~1.7925% | ~$15,062 | +3.2% |
| 2029 | ~$849,272 | ~$849,272 | ~1.7000% | ~$14,438 | +4.3% |
| 2030 | ~$858,355 | ~$858,355 | ~1.6074% | ~$13,798 | +5.5% |
In 2025, this property's market value of $813,888 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% 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 | $813,888 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $854,739 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $832,341 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $831,640 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $844,896 | $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.