8314 W STATE HY 71 TX 78735
| Owner | WEST 71 ENTERPRISE LLC |
|---|---|
| Parcel ID | 0402440212 |
| Short ID | 304766 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,880 SF |
| Land SF | 43,386 SF |
| Acres | 0.996 |
| Year Built | 1987 |
| Legal | ABS 101 SUR 93 BOWLES A ACR .996 |
| Neighborhood | 48SWE |
| Land | $780,948 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $780,948 |
| Improvement | $219,848 |
|---|---|
| Total Improvement | $219,848 |
| Market | $1,000,796 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000,796 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,000,796 |
| Taxable Value | $1,000,796 |
|---|
Appreciation: Market value has risen +63.2% from $613,215 (2021) to $1,000,796 (2025), a CAGR of 13.0% 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 $20,481. 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 78% of market value ($780,948 land vs $219,848 improvements), about $18/SF of land. With value concentrated in the land under a ~39-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 $1,000,796, 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 +13.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,846,127 by 2030, with an estimated annual tax burden around $30,362. 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 | 4,000 SF | ✗ |
| 1ST | 1st Floor | 1,880 SF | ✓ |
| 501 | CANOPY | 864 SF | ✗ |
| 611 | TERRACE | 235 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +465 |
| Travis County | 0.3444% | 0.3758% | +314 |
| Austin ISD | 0.9505% | 0.9252% | -253 |
| Travis Central Health | 0.1080% | 0.1180% | +101 |
| Austin Community College | 0.1013% | 0.1034% | +21 |
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% | $9,259.36 | $4,520.92 | $4,738.44 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,244.34 | $2,560.57 | $2,683.77 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,761.44 | $1,836.54 | $1,924.90 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,181.17 | $576.71 | $604.46 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,034.82 | $505.26 | $529.56 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,481.13 | $10,000.00 | $10,481.13 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,005,017 | $1,000,796 | +0.4% |
| Assessed Value | $1,005,017 | $1,000,796 | +0.4% |
| Land Value | $780,948 | $780,948 | +0.0% |
| Improvement Value | $224,069 | $219,848 | +1.9% |
| Taxable Value | $1,005,017 | $1,000,796 | +0.4% |
| Total Tax 2026 = estimate |
~$20,568
Estimated
|
$20,481 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,057,913 | $1,005,017 | -52,896 (-5.0%) |
| Taxable Value | $1,057,913 | $1,005,017 | -52,896 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,005,017 | $780,948 | $224,069 | — | $1,005,017 | $1,005,017 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000,796 | $780,948 | $219,848 | — | $1,000,796 | $1,000,796 | $20,481 | Verified |
| 2024 | $950,000 | — | — | −$169,052 | $780,948 | $— | $19,818 | Verified |
| 2023 | $609,792 | — | — | — | $780,948 ! | $— | $17,188 | Verified |
| 2022 | $615,597 | — | — | −$181,737 | $433,860 | $— | $12,043 | Verified |
| 2021 | $613,215 | — | — | −$179,355 | $433,860 | $— | $13,400 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | 2.0500% | Verified |
| 2024 | +5.3% | +5.3% | ~100% | 1.9800% | Verified |
| 2023 | +55.8% | +55.8% | ~100% | 1.8100% | Verified |
| 2022 | -0.9% | -0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +62.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +12.2% | +12.9% | +55.8% | 2024 | -0.9% | 2023 |
| Assessment Ratio | 100.0% | 91.9% | — | 128.1% | 2023 | 70.5% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $20,481 | $16,586 | ~$26,113 | $20,481 | 2025 | $12,043 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,131,172 | ~$1,100,876 | ~2.0139% | ~$22,171 | +13.0% |
| 2027 | ~$1,278,533 | ~$1,210,963 | ~1.9814% | ~$23,994 | +27.8% |
| 2028 | ~$1,445,091 | ~$1,332,059 | ~1.9488% | ~$25,960 | +44.4% |
| 2029 | ~$1,633,347 | ~$1,465,265 | ~1.9163% | ~$28,079 | +63.2% |
| 2030 | ~$1,846,127 | ~$1,611,792 | ~1.8837% | ~$30,362 | +84.5% |
| 2026 | ~$1,111,156 | ~$1,100,876 | ~2.0465% | ~$22,529 | +11.0% |
| 2027 | ~$1,233,686 | ~$1,210,963 | ~2.0465% | ~$24,782 | +23.3% |
| 2028 | ~$1,369,728 | ~$1,332,059 | ~2.0465% | ~$27,260 | +36.9% |
| 2029 | ~$1,520,772 | ~$1,465,265 | ~2.0465% | ~$29,986 | +52.0% |
| 2030 | ~$1,688,471 | ~$1,611,792 | ~2.0465% | ~$32,985 | +68.7% |
| 2026 | ~$1,151,188 | ~$1,100,876 | ~1.9977% | ~$21,992 | +15.0% |
| 2027 | ~$1,324,180 | ~$1,210,963 | ~1.9488% | ~$23,600 | +32.3% |
| 2028 | ~$1,523,168 | ~$1,332,059 | ~1.9000% | ~$25,309 | +52.2% |
| 2029 | ~$1,752,059 | ~$1,465,265 | ~1.8512% | ~$27,125 | +75.1% |
| 2030 | ~$2,015,345 | ~$1,611,792 | ~1.8024% | ~$29,050 | +101.4% |
In 2025, this property's market value of $1,000,796 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -29% 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 | $1,000,796 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $950,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $609,792 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $615,597 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $613,215 | $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.