4521 WEST GATE BLVD TX 78745
| Owner | HEB LP |
|---|---|
| Parcel ID | 0408130502 |
| Short ID | 509361 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 6,373 SF |
| Land SF | 27,007 SF |
| Acres | 0.620 |
| Year Built | 1982 |
| Legal | .620 ACR OF LOT 1 BLK B 1ST RESUB OF WESTGATE SQUARE COMMERCIAL |
| Neighborhood | 32SOU |
| Land | $1,080,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,080,280 |
| Improvement | $1,109,603 |
|---|---|
| Total Improvement | $1,109,603 |
| Market | $2,189,883 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,189,883 |
| Value Limitation Adjustment (−) (homestead cap) | −$149,883 |
| Net Appraised (assessed) | $2,040,000 |
| Taxable Value | $2,040,000 |
|---|
Appreciation: Market value has risen +15.3% from $1,900,000 (2021) to $2,189,883 (2025), a CAGR of 3.6% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $41,748. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,040,000) is $149,883 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 49% of market value ($1,080,280 land vs $1,109,603 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,189,883, this parcel sits in the upper-middle (50th–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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,615,201 by 2030, with an estimated annual tax burden around $49,264. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,373 SF | ✓ |
| 551 | PAVED AREA | 5,800 SF | ✗ |
| 611 | TERRACE | 1,547 SF | ✗ |
| 501 | CANOPY | 413 SF | ✗ |
| 327 | STORAGE COMM'L | 207 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% | $18,504.00 | $18,504.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,480.34 | $10,480.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,516.90 | $7,516.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,360.46 | $2,360.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,068.00 | $2,068.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,929.70 | $40,929.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,282,162 | $2,189,883 | +4.2% |
| Assessed Value | $2,282,162 | $2,040,000 | +11.9% |
| Land Value | $1,080,280 | $1,080,280 | +0.0% |
| Improvement Value | $1,201,882 | $1,109,603 | +8.3% |
| Taxable Value | $2,282,162 | $2,040,000 | +11.9% |
| Total Tax 2026 = estimate |
~$46,704
Estimated
|
~$40,930
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,282,162 | $2,282,162 | +0 (+0.0%) |
| Taxable Value | $2,282,162 | $2,282,162 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,282,162 | $1,080,280 | $1,201,882 | — | $2,282,162 | $2,282,162 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,189,883 | $1,080,280 | $1,109,603 | −$149,883 | $2,040,000 | $2,040,000 | ~$40,930 | Partial |
| 2024 | $1,700,000 | — | — | −$619,720 | $1,080,280 | $— | $33,691 | Verified |
| 2023 | $1,700,000 | — | — | −$889,790 | $810,210 | $— | $30,757 | Verified |
| 2022 | $1,700,000 | — | — | −$1,024,825 | $675,175 | $— | $33,574 | Verified |
| 2021 | $1,900,000 | — | — | −$1,224,825 | $675,175 | $— | $37,169 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +11.9% | ~100% | Not available | Partial |
| 2025 | +28.8% | +20.0% | 93.2% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | -8.5% | -8.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.2% | +4.5% | +2.8% | +28.8% | 2025 | -10.5% | 2022 |
| Assessment Ratio | 100.0% | 63.3% | — | 100.0% | 2026 | 35.5% | 2021 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,930 | $35,224 | ~$47,376 | $40,930 | 2025 | $30,757 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,269,017 | ~$2,244,000 | ~2.0139% | ~$45,193 | +3.6% |
| 2027 | ~$2,351,010 | ~$2,351,010 | ~1.9814% | ~$46,583 | +7.4% |
| 2028 | ~$2,435,967 | ~$2,435,967 | ~1.9488% | ~$47,473 | +11.2% |
| 2029 | ~$2,523,993 | ~$2,523,993 | ~1.9163% | ~$48,367 | +15.3% |
| 2030 | ~$2,615,201 | ~$2,615,201 | ~1.8837% | ~$49,264 | +19.4% |
| 2026 | ~$2,225,219 | ~$2,225,219 | ~2.0465% | ~$45,539 | +1.6% |
| 2027 | ~$2,261,126 | ~$2,261,126 | ~2.0465% | ~$46,274 | +3.3% |
| 2028 | ~$2,297,612 | ~$2,297,612 | ~2.0465% | ~$47,020 | +4.9% |
| 2029 | ~$2,334,686 | ~$2,334,686 | ~2.0465% | ~$47,779 | +6.6% |
| 2030 | ~$2,372,359 | ~$2,372,359 | ~2.0465% | ~$48,550 | +8.3% |
| 2026 | ~$2,312,815 | ~$2,244,000 | ~1.9977% | ~$44,828 | +5.6% |
| 2027 | ~$2,442,647 | ~$2,442,647 | ~1.9488% | ~$47,603 | +11.5% |
| 2028 | ~$2,579,768 | ~$2,579,768 | ~1.9000% | ~$49,016 | +17.8% |
| 2029 | ~$2,724,586 | ~$2,724,586 | ~1.8512% | ~$50,437 | +24.4% |
| 2030 | ~$2,877,534 | ~$2,877,534 | ~1.8024% | ~$51,864 | +31.4% |
In 2025, this property's market value of $2,189,883 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +54% above 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 | $2,189,883 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,700,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,900,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.