4805 W U S HY 290 TX 78735
| Owner | 450 RHODE ISLAND LLC |
|---|---|
| Parcel ID | 0408190403 |
| Short ID | 553454 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 89,178 SF |
| Land SF | 531,214 SF |
| Acres | 12.195 |
| Year Built | 2002 |
| Legal | LOT 2A BLK A MEADOWVIEW AT SUNSET VALLEY RESUB OF LOT 1 |
| Neighborhood | 46SOU |
| Land | $9,030,638 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,030,638 |
| Improvement | $784,362 |
|---|---|
| Total Improvement | $784,362 |
| Market | $9,815,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,815,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,815,000 |
| Taxable Value | $9,815,000 |
|---|
Appreciation: Market value has risen +29.3% from $7,591,650 (2021) to $9,815,000 (2025), a CAGR of 6.6% over 4 years. This represents moderate, steady growth. 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 4 taxing entities is 1.5225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $149,430. Austin ISD is the largest single contributor, at 60.8% 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 92% of market value ($9,030,638 land vs $784,362 improvements), about $17/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $9,815,000, 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,531,096 by 2030, with an estimated annual tax burden around $186,858. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 182,780 SF | ✗ |
| 1ST | 1st Floor | 89,178 SF | ✓ |
| 491 | SPRINKLER HEADS | 89,178 SF | ✗ |
| 328 | MEZZ COMM (STG) | 7,956 SF | ✓ |
| 407 | LOADING DOCK | 5,451 SF | ✓ |
| 501 | CANOPY | 330 SF | ✗ |
| 611 | TERRACE | 330 SF | ✗ |
| 482 | LIGHT POLES | 24 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% | $90,808.38 | $90,808.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,889.19 | $36,889.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,583.96 | $11,583.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,148.71 | $10,148.71 | Paid |
| Combined Rate | 1.6357% | 1.5122% | 1.3634% | 1.5042% | 1.5225% | +0.0183% | $149,430.24 | $149,430.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,815,000 | $9,815,000 | +0.0% |
| Assessed Value | $9,815,000 | $9,815,000 | +0.0% |
| Land Value | $9,030,638 | $9,030,638 | +0.0% |
| Improvement Value | $784,362 | $784,362 | +0.0% |
| Taxable Value | $9,815,000 | $9,815,000 | +0.0% |
| Total Tax 2026 = estimate |
~$149,430
Estimated
|
~$149,430
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,815,000 | $9,815,000 | +0 (+0.0%) |
| Taxable Value | $9,815,000 | $9,815,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,815,000 | $9,030,638 | $784,362 | — | $9,815,000 | $9,815,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,815,000 | $9,030,638 | $784,362 | — | $9,815,000 | $9,815,000 | ~$149,430 | Partial |
| 2024 | $8,900,000 | — | — | — | $9,030,638 ! | $— | $143,352 | Verified |
| 2023 | $7,300,000 | — | — | — | $10,624,280 ! | $— | $121,347 | Verified |
| 2022 | $7,591,600 | — | — | −$2,279,460 | $5,312,140 | $— | $110,392 | Verified |
| 2021 | $7,591,650 | — | — | −$2,279,510 | $5,312,140 | $— | $124,174 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -14.7% | -14.7% | ~100% | Not available | Partial |
| 2024 | +4.4% | +4.4% | ~100% | 1.2500% | Verified |
| 2023 | +45.2% | +45.2% | ~100% | 1.1000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.4500% | Verified |
| 2021 | base year | — | ~100% | 1.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.7% | +6.6% | +21.9% | 2024 | -3.8% | 2023 |
| Assessment Ratio | 100.0% | 97.8% | — | 145.5% | 2023 | 70.0% | 2021 |
| Effective Tax Rate (2025) | 1.5200% | 1.5200% | — | 1.5200% | 2025 | 1.5200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$149,430 | $129,739 | ~$171,346 | $149,430 | 2025 | $110,392 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,465,954 | ~$10,465,954 | ~1.4942% | ~$156,379 | +6.6% |
| 2027 | ~$11,160,082 | ~$11,160,082 | ~1.4659% | ~$163,591 | +13.7% |
| 2028 | ~$11,900,245 | ~$11,900,245 | ~1.4376% | ~$171,073 | +21.2% |
| 2029 | ~$12,689,498 | ~$12,689,498 | ~1.4093% | ~$178,828 | +29.3% |
| 2030 | ~$13,531,096 | ~$13,531,096 | ~1.3810% | ~$186,858 | +37.9% |
| 2026 | ~$10,269,654 | ~$10,269,654 | ~1.5225% | ~$156,352 | +4.6% |
| 2027 | ~$10,745,369 | ~$10,745,369 | ~1.5225% | ~$163,595 | +9.5% |
| 2028 | ~$11,243,121 | ~$11,243,121 | ~1.5225% | ~$171,173 | +14.6% |
| 2029 | ~$11,763,929 | ~$11,763,929 | ~1.5225% | ~$179,102 | +19.9% |
| 2030 | ~$12,308,862 | ~$12,308,862 | ~1.5225% | ~$187,398 | +25.4% |
| 2026 | ~$10,662,254 | ~$10,662,254 | ~1.4800% | ~$157,803 | +8.6% |
| 2027 | ~$11,582,646 | ~$11,582,646 | ~1.4376% | ~$166,507 | +18.0% |
| 2028 | ~$12,582,487 | ~$12,582,487 | ~1.3951% | ~$175,539 | +28.2% |
| 2029 | ~$13,668,638 | ~$13,668,638 | ~1.3527% | ~$184,889 | +39.3% |
| 2030 | ~$14,848,548 | ~$14,848,548 | ~1.3102% | ~$194,545 | +51.3% |
In 2025, this property's market value of $9,815,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,815,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,591,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,591,650 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.