ERNEST ROBLES WAY TX 78745
| Owner | COLE MT SUNSET VALLEY TX LLC |
|---|---|
| Parcel ID | 0408190409 |
| Short ID | 755440 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 145,816 SF |
| Land SF | 989,378 SF |
| Acres | 22.713 |
| Year Built | 2007 |
| Legal | LOT 5 BLK A SUNSET VALLEY VILLAGE HOMESTEAD RESUB OF |
| Neighborhood | 41SOU |
| Land | $13,356,603 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,356,603 |
| Improvement | $32,743,397 |
|---|---|
| Total Improvement | $32,743,397 |
| Market | $46,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,100,000 |
| Taxable Value | $46,100,000 |
|---|
Appreciation: Market value has fallen -6.8% from $49,482,400 (2021) to $46,100,000 (2025), a CAGR of -1.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 4 taxing entities is 1.5225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $701,858. 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 29% of market value ($13,356,603 land vs $32,743,397 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,100,000, 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $42,195,257 by 2030, with an estimated annual tax burden around $582,697. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 145,816 SF | ✓ |
| 491 | SPRINKLER HEADS | 145,816 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% | $426,517.20 | $426,517.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $173,264.55 | $173,264.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $54,408.60 | $54,408.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $47,667.40 | $47,667.40 | Paid |
| Combined Rate | 1.6357% | 1.5122% | 1.3634% | 1.5042% | 1.5225% | +0.0183% | $701,857.75 | $701,857.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $47,824,855 | $46,100,000 | +3.7% |
| Assessed Value | $47,824,855 | $46,100,000 | +3.7% |
| Land Value | $13,356,603 | $13,356,603 | +0.0% |
| Improvement Value | $34,468,252 | $32,743,397 | +5.3% |
| Taxable Value | $47,824,855 | $46,100,000 | +3.7% |
| Total Tax 2026 = estimate |
~$728,118
Estimated
|
~$701,858
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,824,855 | $47,824,855 | +0 (+0.0%) |
| Taxable Value | $47,824,855 | $47,824,855 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $47,824,855 | $13,356,603 | $34,468,252 | — | $47,824,855 | $47,824,855 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $46,100,000 | $13,356,603 | $32,743,397 | — | $46,100,000 | $46,100,000 | ~$701,858 | Partial |
| 2024 | $48,271,597 | — | — | −$34,914,994 | $13,356,603 | $— | $725,994 | Verified |
| 2023 | $48,000,000 | — | — | −$34,643,397 | $13,356,603 | $— | $658,158 | Verified |
| 2022 | $44,272,000 | — | — | −$34,818,948 | $9,453,052 | $— | $725,867 | Verified |
| 2021 | $49,482,400 | — | — | −$40,029,348 | $9,453,052 | $— | $724,148 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2024 | -0.0% | -0.0% | ~100% | 1.5000% | Verified |
| 2023 | -0.8% | -0.8% | ~100% | 1.3600% | Verified |
| 2022 | +10.0% | +10.0% | ~100% | 1.4900% | Verified |
| 2021 | base year | — | ~100% | 1.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.7% | -0.5% | -2.5% | +8.4% | 2023 | -10.5% | 2022 |
| Assessment Ratio | 100.0% | 49.3% | — | 100.0% | 2025 | 19.1% | 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 |
$701,858 | $707,205 | ~$629,076 | $725,994 | 2024 | $658,158 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$45,291,162 | ~$45,291,162 | ~1.4942% | ~$676,725 | -1.8% |
| 2027 | ~$44,496,516 | ~$44,496,516 | ~1.4659% | ~$652,258 | -3.5% |
| 2028 | ~$43,715,812 | ~$43,715,812 | ~1.4376% | ~$628,441 | -5.2% |
| 2029 | ~$42,948,806 | ~$42,948,806 | ~1.4093% | ~$605,259 | -6.8% |
| 2030 | ~$42,195,257 | ~$42,195,257 | ~1.3810% | ~$582,697 | -8.5% |
| 2026 | ~$44,369,162 | ~$44,369,162 | ~1.5225% | ~$675,506 | -3.8% |
| 2027 | ~$42,703,310 | ~$42,703,310 | ~1.5225% | ~$650,144 | -7.4% |
| 2028 | ~$41,100,002 | ~$41,100,002 | ~1.5225% | ~$625,734 | -10.8% |
| 2029 | ~$39,556,891 | ~$39,556,891 | ~1.5225% | ~$602,241 | -14.2% |
| 2030 | ~$38,071,716 | ~$38,071,716 | ~1.5225% | ~$579,630 | -17.4% |
| 2026 | ~$46,213,162 | ~$46,213,162 | ~1.4800% | ~$683,961 | +0.2% |
| 2027 | ~$46,326,603 | ~$46,326,603 | ~1.4376% | ~$665,973 | +0.5% |
| 2028 | ~$46,440,321 | ~$46,440,321 | ~1.3951% | ~$647,892 | +0.7% |
| 2029 | ~$46,554,319 | ~$46,554,319 | ~1.3527% | ~$629,718 | +1.0% |
| 2030 | ~$46,668,597 | ~$46,668,597 | ~1.3102% | ~$611,451 | +1.2% |
In 2025, this property's market value of $46,100,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 33× 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 | $46,100,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $48,271,597 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $48,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $44,272,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $49,482,400 | $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.