7216 W STATE HY 71 TX 78735
| Owner | NKMK INCORPORATED |
|---|---|
| Parcel ID | 0406380403 |
| Short ID | 308762 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 1973 |
| Legal | LOT 2 FIRST PROPERTY REALTY SUBD |
| Neighborhood | 48SWE |
| Land | $392,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $392,040 |
| Improvement | $276,208 |
|---|---|
| Total Improvement | $276,208 |
| Market | $668,248 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $668,248 |
| Value Limitation Adjustment (−) (homestead cap) | −$117,783 |
| Net Appraised (assessed) | $550,465 |
| Taxable Value | $550,465 |
|---|
Appreciation: Market value has risen +62.3% from $411,707 (2021) to $668,248 (2025), a CAGR of 12.9% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $11,265. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($550,465) is $117,783 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 59% of market value ($392,040 land vs $276,208 improvements), about $9/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $668,248, 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 +12.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,224,262 by 2030, with an estimated annual tax burden around $16,700. 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 | 9,450 SF | ✗ |
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 501 | CANOPY | 1,040 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% | $5,092.90 | $5,092.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,884.53 | $2,884.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,068.90 | $2,068.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $649.68 | $649.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $569.18 | $569.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,265.19 | $11,265.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $685,190 | $668,248 | +2.5% |
| Assessed Value | $660,558 | $550,465 | +20.0% |
| Land Value | $392,040 | $392,040 | +0.0% |
| Improvement Value | $293,150 | $276,208 | +6.1% |
| Taxable Value | $660,558 | $550,465 | +20.0% |
| HS Cap Loss | -$24,632 | — | |
| Total Tax 2026 = estimate |
~$13,518
Estimated
|
~$11,265
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $685,190 | $685,190 | +0 (+0.0%) |
| Taxable Value | $660,558 | $660,558 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $685,190 | $392,040 | $293,150 | −$24,632 | $660,558 | $660,558 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $668,248 | $392,040 | $276,208 | −$117,783 | $550,465 | $550,465 | ~$11,265 | Partial |
| 2024 | $458,721 | — | — | −$66,681 | $392,040 | $— | $9,091 | Verified |
| 2023 | $458,721 | — | — | −$66,681 | $392,040 | $— | $8,299 | Verified |
| 2022 | $411,707 | — | — | −$150,347 | $261,360 | $— | $9,059 | Verified |
| 2021 | $411,707 | — | — | −$150,347 | $261,360 | $— | $8,962 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +20.0% | 96.4% | Not available | Partial |
| 2025 | +45.7% | +20.0% | 82.4% | Not available | Partial |
| 2024 | -31.7% | -31.7% | ~100% | 1.9800% | Verified |
| 2023 | +46.5% | +46.5% | ~100% | 1.2400% | 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): +45.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.5% | +11.9% | +12.3% | +45.7% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 96.4% | 79.5% | — | 96.4% | 2026 | 63.5% | 2021 |
| Effective Tax Rate (2025) | 1.6900% | 1.6900% | — | 1.6900% | 2025 | 1.6900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,265 | $9,335 | ~$14,363 | $11,265 | 2025 | $8,299 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$754,267 | ~$605,512 | ~2.0139% | ~$12,195 | +12.9% |
| 2027 | ~$851,358 | ~$666,063 | ~1.9814% | ~$13,197 | +27.4% |
| 2028 | ~$960,948 | ~$732,669 | ~1.9488% | ~$14,279 | +43.8% |
| 2029 | ~$1,084,644 | ~$805,936 | ~1.9163% | ~$15,444 | +62.3% |
| 2030 | ~$1,224,262 | ~$886,529 | ~1.8837% | ~$16,700 | +83.2% |
| 2026 | ~$740,902 | ~$605,512 | ~2.0465% | ~$12,392 | +10.9% |
| 2027 | ~$821,455 | ~$666,063 | ~2.0465% | ~$13,631 | +22.9% |
| 2028 | ~$910,766 | ~$732,669 | ~2.0465% | ~$14,994 | +36.3% |
| 2029 | ~$1,009,787 | ~$805,936 | ~2.0465% | ~$16,493 | +51.1% |
| 2030 | ~$1,119,574 | ~$886,529 | ~2.0465% | ~$18,143 | +67.5% |
| 2026 | ~$767,632 | ~$605,512 | ~1.9977% | ~$12,096 | +14.9% |
| 2027 | ~$881,796 | ~$666,063 | ~1.9488% | ~$12,980 | +32.0% |
| 2028 | ~$1,012,940 | ~$732,669 | ~1.9000% | ~$13,921 | +51.6% |
| 2029 | ~$1,163,587 | ~$805,936 | ~1.8512% | ~$14,919 | +74.1% |
| 2030 | ~$1,336,639 | ~$886,529 | ~1.8024% | ~$15,979 | +100.0% |
In 2025, this property's market value of $668,248 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -53% 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 | $668,248 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $458,721 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $458,721 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $411,707 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $411,707 | $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.