5151 W U S HY 290 TX 78735
| Owner | NASSOUR JIMMY ETAL |
|---|---|
| Parcel ID | 0408230601 |
| Short ID | 464963 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 122,409 SF |
| Land SF | 1,081,332 SF |
| Acres | 24.824 |
| Year Built | 1999 |
| Legal | LOT 1 BLK A STORM 290 2ND REPLAT OF LOT 1 & LOT 2 BLK A STORM 290 REPLAT OF LOT 2 |
| Neighborhood | 46SOU |
| Land | $9,342,708 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,342,708 |
| Improvement | $6,687,128 |
|---|---|
| Total Improvement | $6,687,128 |
| Market | $16,029,836 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,029,836 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,029,836 |
| Taxable Value | $16,029,836 |
|---|
Appreciation: Market value has risen +198.2% from $5,375,813 (2021) to $16,029,836 (2025), a CAGR of 31.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $328,048. Austin ISD is the largest single contributor, at 45.2% 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 58% of market value ($9,342,708 land vs $6,687,128 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 $16,029,836, 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 +31.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $62,810,932 by 2030, with an estimated annual tax burden around $486,311. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 192,500 SF | ✗ |
| 1ST | 1st Floor | 122,409 SF | ✓ |
| 491 | SPRINKLER HEADS | 122,409 SF | ✗ |
| 501 | CANOPY | 5,471 SF | ✗ |
| 482 | LIGHT POLES | 28 SF | ✓ |
Market value changed by 86% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $106,398.00 | $106,398.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60,261.96 | $60,261.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,222.18 | $43,222.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,572.65 | $13,572.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,891.00 | $11,891.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $235,345.79 | $235,345.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,150,000 | $16,029,836 | -74.1% |
| Assessed Value | $4,150,000 | $16,029,836 | -74.1% |
| Land Value | $4,777,494 | $9,342,708 | -48.9% |
| Improvement Value | — | $6,687,128 | — |
| Taxable Value | $4,150,000 | $16,029,836 | -74.1% |
| Total Tax 2026 = estimate |
~$84,929
Estimated
|
~$235,346
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,777,494 | $4,150,000 | -627,494 (-13.1%) |
| Taxable Value | $4,777,494 | $4,150,000 | -627,494 (-13.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,150,000 | $4,777,494 | — | — | $4,150,000 | $4,150,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,029,836 | $9,342,708 | $6,687,128 | — | $16,029,836 | $16,029,836 | ~$235,346 | Partial |
| 2024 | $9,500,000 | — | — | — | — | $— | $200,840 | Verified |
| 2023 | $5,375,813 | — | — | — | — | $— | $172,371 | Verified |
| 2022 | $5,375,813 | — | — | — | — | $— | $106,168 | Verified |
| 2021 | $5,375,813 | — | — | −$522,103 | $4,853,710 | $— | $117,014 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -70.2% | -70.2% | ~100% | Not available | Partial |
| 2025 | +48.9% | +48.9% | ~100% | Not available | Partial |
| 2024 | +7.7% | +7.7% | ~100% | 1.8700% | Verified |
| 2023 | +86.0% ! | +86.0% | ~100% | 1.7200% | 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): +198.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -74.1% | +14.3% | +106.6% | +76.7% | 2024 | -74.1% | 2026 |
| Assessment Ratio | 100.0% | 96.8% | — | 100.0% | 2025 | 90.3% | 2021 |
| Effective Tax Rate (2025) | 1.4700% | 1.4700% | — | 1.4700% | 2025 | 1.4700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$235,346 | $166,348 | ~$418,255 | $235,346 | 2025 | $106,168 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$21,064,459 | ~$17,632,820 | ~2.0139% | ~$355,114 | +31.4% |
| 2027 | ~$27,680,348 | ~$19,396,102 | ~1.9814% | ~$384,312 | +72.7% |
| 2028 | ~$36,374,143 | ~$21,335,712 | ~1.9488% | ~$415,799 | +126.9% |
| 2029 | ~$47,798,471 | ~$23,469,283 | ~1.9163% | ~$449,740 | +198.2% |
| 2030 | ~$62,810,932 | ~$25,816,211 | ~1.8837% | ~$486,311 | +291.8% |
| 2026 | ~$20,743,862 | ~$17,632,820 | ~2.0465% | ~$360,853 | +29.4% |
| 2027 | ~$26,844,181 | ~$19,396,102 | ~2.0465% | ~$396,938 | +67.5% |
| 2028 | ~$34,738,472 | ~$21,335,712 | ~2.0465% | ~$436,632 | +116.7% |
| 2029 | ~$44,954,301 | ~$23,469,283 | ~2.0465% | ~$480,295 | +180.4% |
| 2030 | ~$58,174,384 | ~$25,816,211 | ~2.0465% | ~$528,325 | +262.9% |
| 2026 | ~$21,385,056 | ~$17,632,820 | ~1.9977% | ~$352,244 | +33.4% |
| 2027 | ~$28,529,338 | ~$19,396,102 | ~1.9488% | ~$377,999 | +78.0% |
| 2028 | ~$38,060,370 | ~$21,335,712 | ~1.9000% | ~$405,382 | +137.4% |
| 2029 | ~$50,775,512 | ~$23,469,283 | ~1.8512% | ~$434,462 | +216.8% |
| 2030 | ~$67,738,507 | ~$25,816,211 | ~1.8024% | ~$465,304 | +322.6% |
In 2025, this property's market value of $16,029,836 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $16,029,836 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,375,813 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,375,813 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,375,813 | $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.