3708 SOUTHRIDGE DR AUSTIN, TX 78704
| Owner | PATEL HAJIALI M |
|---|---|
| Parcel ID | 0406090611 |
| Short ID | 308093 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,240 SF |
| Land SF | 9,975 SF |
| Acres | 0.229 |
| Year Built | 1976 |
| Legal | LOT 10 OAK RUN 1-A |
| Neighborhood | 48CEN |
| Land | $249,375 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $249,375 |
| Improvement | $247,884 |
|---|---|
| Total Improvement | $247,884 |
| Market | $497,259 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $497,259 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $497,259 |
| Taxable Value | $497,259 |
|---|
Appreciation: Market value has risen +14.9% from $432,735 (2021) to $497,259 (2025), a CAGR of 3.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $10,176. 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 50% of market value ($249,375 land vs $247,884 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $497,259, this parcel sits in the bottom quartile (<25th 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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $591,607 by 2030, with an estimated annual tax burden around $11,144. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,200 SF | ✗ |
| 1ST | 1st Floor | 2,240 SF | ✓ |
| 501 | CANOPY | 336 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% | $4,600.64 | $4,600.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,605.72 | $2,605.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,868.92 | $1,868.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $586.88 | $586.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $514.17 | $514.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,176.33 | $10,176.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $518,159 | $497,259 | +4.2% |
| Assessed Value | $518,159 | $497,259 | +4.2% |
| Land Value | $249,375 | $249,375 | +0.0% |
| Improvement Value | $268,784 | $247,884 | +8.4% |
| Taxable Value | $518,159 | $497,259 | +4.2% |
| Total Tax 2026 = estimate |
~$10,604
Estimated
|
~$10,176
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $518,159 | $518,159 | +0 (+0.0%) |
| Taxable Value | $518,159 | $518,159 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $518,159 | $249,375 | $268,784 | — | $518,159 | $518,159 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $497,259 | $249,375 | $247,884 | — | $497,259 | $497,259 | ~$10,176 | Partial |
| 2024 | $509,322 | — | — | −$259,947 | $249,375 | $— | $9,914 | Verified |
| 2023 | $435,421 | — | — | −$186,046 | $249,375 | $— | $9,215 | Verified |
| 2022 | $435,421 | — | — | −$186,046 | $249,375 | $— | $8,599 | Verified |
| 2021 | $432,735 | — | — | −$183,360 | $249,375 | $— | $9,478 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2024 | -1.8% | -1.8% | ~100% | 1.9800% | Verified |
| 2023 | +17.0% | +17.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.2% | +3.9% | +2.7% | +17.0% | 2024 | -2.4% | 2025 |
| Assessment Ratio | 100.0% | 70.2% | — | 100.0% | 2025 | 49.0% | 2024 |
| 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 |
$10,176 | $9,476 | ~$10,756 | $10,176 | 2025 | $8,599 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$514,841 | ~$514,841 | ~2.0139% | ~$10,369 | +3.5% |
| 2027 | ~$533,044 | ~$533,044 | ~1.9814% | ~$10,562 | +7.2% |
| 2028 | ~$551,891 | ~$551,891 | ~1.9488% | ~$10,755 | +11.0% |
| 2029 | ~$571,404 | ~$571,404 | ~1.9163% | ~$10,950 | +14.9% |
| 2030 | ~$591,607 | ~$591,607 | ~1.8837% | ~$11,144 | +19.0% |
| 2026 | ~$504,895 | ~$504,895 | ~2.0465% | ~$10,333 | +1.5% |
| 2027 | ~$512,649 | ~$512,649 | ~2.0465% | ~$10,491 | +3.1% |
| 2028 | ~$520,522 | ~$520,522 | ~2.0465% | ~$10,652 | +4.7% |
| 2029 | ~$528,516 | ~$528,516 | ~2.0465% | ~$10,816 | +6.3% |
| 2030 | ~$536,632 | ~$536,632 | ~2.0465% | ~$10,982 | +7.9% |
| 2026 | ~$524,786 | ~$524,786 | ~1.9977% | ~$10,483 | +5.5% |
| 2027 | ~$553,836 | ~$553,836 | ~1.9488% | ~$10,793 | +11.4% |
| 2028 | ~$584,495 | ~$584,495 | ~1.9000% | ~$11,106 | +17.5% |
| 2029 | ~$616,851 | ~$616,851 | ~1.8512% | ~$11,419 | +24.1% |
| 2030 | ~$650,998 | ~$650,998 | ~1.8024% | ~$11,733 | +30.9% |
In 2025, this property's market value of $497,259 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -65% 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 | $497,259 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $509,322 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $435,421 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $435,421 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $432,735 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.