4942 W U S HY 290 TX 78735
| Owner | AUSTIN PETS ALIVE INC |
|---|---|
| Parcel ID | 0408190316 |
| Short ID | 755434 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,075 SF |
| Land SF | 85,274 SF |
| Acres | 1.958 |
| Year Built | 1946 |
| Legal | LOT 1 SW 4942 VIEW SUBD |
| Neighborhood | 59SWE |
| Land | $2,558,220 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,558,220 |
| Improvement | $1,010,205 |
|---|---|
| Total Improvement | $1,010,205 |
| Market | $3,568,425 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,568,425 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,568,425 |
| Taxable Value | $3,568,425 |
|---|
Appreciation: Market value has risen +183.9% from $1,256,713 (2021) to $3,568,425 (2025), a CAGR of 29.8% 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.
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 72% of market value ($2,558,220 land vs $1,010,205 improvements), about $30/SF of land. With value concentrated in the land under a ~80-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 $3,568,425, this parcel sits in the top quartile (≥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 +29.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,153,071 by 2030, with an estimated annual tax burden around $0. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,075 SF | ✓ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 440 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 440 SF | ✗ |
| 327 | STORAGE COMM'L | 216 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
Market value changed by 178% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,879,568 | $3,568,425 | +8.7% |
| Assessed Value | $3,879,568 | $3,568,425 | +8.7% |
| Land Value | $2,558,220 | $2,558,220 | +0.0% |
| Improvement Value | $1,321,348 | $1,010,205 | +30.8% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,879,568 | $3,879,568 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,879,568 | $2,558,220 | $1,321,348 | — | $3,879,568 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,568,425 | $2,558,220 | $1,010,205 | — | $3,568,425 | $— | not in county billing file ⓘ | Partial |
| 2024 | $3,559,170 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $1,279,282 | — | — | — | $2,558,220 ! | $— | $20,873 | Verified |
| 2022 | $1,201,151 | — | — | −$518,959 | $682,192 | $— | $19,346 | Verified |
| 2021 | $1,256,713 | — | — | −$574,521 | $682,192 | $— | $19,647 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.7% | +8.7% | ~100% | Not available | Partial |
| 2025 | -16.1% | -16.1% | ~100% | Not available | Partial |
| 2024 | +19.5% | +19.5% | ~100% | No billing data | Verified |
| 2023 | +178.2% ! | +178.2% | ~100% | 0.5900% | Verified |
| 2022 | +6.5% | +6.5% | ~100% | 1.5100% | Verified |
| 2021 | base year | — | ~100% | 1.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +197.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.7% | +37.9% | +27.7% | +178.2% | 2024 | -4.4% | 2022 |
| Assessment Ratio | 100.0% | 102.2% | — | 200.0% | 2023 | 54.3% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $20,873 | $19,955 | — | $20,873 | 2023 | $19,346 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,632,193 | ~$3,925,268 | ~0.0000% | ~$0 | +29.8% |
| 2027 | ~$6,013,078 | ~$4,317,794 | ~0.0000% | ~$0 | +68.5% |
| 2028 | ~$7,805,611 | ~$4,749,574 | ~0.0000% | ~$0 | +118.7% |
| 2029 | ~$10,132,510 | ~$5,224,531 | ~0.0000% | ~$0 | +183.9% |
| 2030 | ~$13,153,071 | ~$5,746,984 | ~0.0000% | ~$0 | +268.6% |
| 2026 | ~$4,560,825 | ~$3,925,268 | ~0.0000% | ~$0 | +27.8% |
| 2027 | ~$5,829,217 | ~$4,317,794 | ~0.0000% | ~$0 | +63.4% |
| 2028 | ~$7,450,357 | ~$4,749,574 | ~0.0000% | ~$0 | +108.8% |
| 2029 | ~$9,522,345 | ~$5,224,531 | ~0.0000% | ~$0 | +166.9% |
| 2030 | ~$12,170,565 | ~$5,746,984 | ~0.0000% | ~$0 | +241.1% |
| 2026 | ~$4,703,562 | ~$3,925,268 | ~0.0000% | ~$0 | +31.8% |
| 2027 | ~$6,199,793 | ~$4,317,794 | ~0.0000% | ~$0 | +73.7% |
| 2028 | ~$8,171,983 | ~$4,749,574 | ~0.0000% | ~$0 | +129.0% |
| 2029 | ~$10,771,539 | ~$5,224,531 | ~0.0000% | ~$0 | +201.9% |
| 2030 | ~$14,198,029 | ~$5,746,984 | ~0.0000% | ~$0 | +297.9% |
In 2025, this property's market value of $3,568,425 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +152% 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 | $3,568,425 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,559,170 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,279,282 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,201,151 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,256,713 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |