7001 OAK MEADOW DR TX 78736
| Owner | WELLS DEBORAH L |
|---|---|
| Parcel ID | 0408380708 |
| Short ID | 311887 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,696 SF |
| Land SF | 21,737 SF |
| Acres | 0.499 |
| Year Built | 1993 |
| Legal | LOT A * LESS .063AC SCENIC BROOK WEST COMMERCIAL 1-A |
| Neighborhood | 32SWE |
| Land | $326,055 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $326,055 |
| Improvement | $151,051 |
|---|---|
| Total Improvement | $151,051 |
| Market | $477,106 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $477,106 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $477,106 |
| Taxable Value | $477,106 |
|---|
Appreciation: Market value has fallen -11.0% from $536,097 (2021) to $477,106 (2025), a CAGR of -2.9% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $9,764. 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 68% of market value ($326,055 land vs $151,051 improvements), about $15/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $477,106, this parcel sits in the bottom quartile (<25th 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 -2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $412,410 by 2030, with an estimated annual tax burden around $7,769. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,745 SF | ✗ |
| 1ST | 1st Floor | 1,696 SF | ✓ |
| 501 | CANOPY | 165 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% | $4,199.95 | $4,199.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,378.78 | $2,378.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,706.15 | $1,706.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $535.77 | $535.77 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $469.39 | $469.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,290.04 | $9,290.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $465,000 | $477,106 | -2.5% |
| Assessed Value | $465,000 | $477,106 | -2.5% |
| Land Value | $326,055 | $326,055 | +0.0% |
| Improvement Value | $138,945 | $151,051 | -8.0% |
| Taxable Value | $465,000 | $477,106 | -2.5% |
| Total Tax 2026 = estimate |
~$9,516
Estimated
|
~$9,290
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $488,233 | $465,000 | -23,233 (-4.8%) |
| Taxable Value | $488,233 | $465,000 | -23,233 (-4.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $465,000 | $326,055 | $138,945 | — | $465,000 | $465,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $477,106 | $326,055 | $151,051 | — | $477,106 | $477,106 | ~$9,290 | Partial |
| 2024 | $494,393 | — | — | −$168,338 | $326,055 | $— | $9,919 | Verified |
| 2023 | $487,017 | — | — | −$160,962 | $326,055 | $— | $8,945 | Verified |
| 2022 | $487,967 | — | — | −$227,123 | $260,844 | $— | $9,618 | Verified |
| 2021 | $536,097 | — | — | −$275,253 | $260,844 | $— | $10,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.8900% | Verified |
| 2023 | +4.1% | +4.1% | ~100% | 1.7600% | Verified |
| 2022 | -0.2% | -0.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.5% | -2.7% | -2.4% | +1.5% | 2024 | -9.0% | 2022 |
| Assessment Ratio | 100.0% | 72.5% | — | 100.0% | 2025 | 48.7% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,290 | $9,679 | ~$8,535 | $10,621 | 2021 | $8,945 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$463,402 | ~$463,402 | ~2.0139% | ~$9,333 | -2.9% |
| 2027 | ~$450,091 | ~$450,091 | ~1.9814% | ~$8,918 | -5.7% |
| 2028 | ~$437,163 | ~$437,163 | ~1.9488% | ~$8,520 | -8.4% |
| 2029 | ~$424,606 | ~$424,606 | ~1.9163% | ~$8,137 | -11.0% |
| 2030 | ~$412,410 | ~$412,410 | ~1.8837% | ~$7,769 | -13.6% |
| 2026 | ~$453,860 | ~$453,860 | ~2.0465% | ~$9,288 | -4.9% |
| 2027 | ~$431,746 | ~$431,746 | ~2.0465% | ~$8,836 | -9.5% |
| 2028 | ~$410,710 | ~$410,710 | ~2.0465% | ~$8,405 | -13.9% |
| 2029 | ~$390,699 | ~$390,699 | ~2.0465% | ~$7,996 | -18.1% |
| 2030 | ~$371,662 | ~$371,662 | ~2.0465% | ~$7,606 | -22.1% |
| 2026 | ~$472,944 | ~$472,944 | ~1.9977% | ~$9,448 | -0.9% |
| 2027 | ~$468,818 | ~$468,818 | ~1.9488% | ~$9,137 | -1.7% |
| 2028 | ~$464,728 | ~$464,728 | ~1.9000% | ~$8,830 | -2.6% |
| 2029 | ~$460,674 | ~$460,674 | ~1.8512% | ~$8,528 | -3.4% |
| 2030 | ~$456,656 | ~$456,656 | ~1.8024% | ~$8,231 | -4.3% |
In 2025, this property's market value of $477,106 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -66% below 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 | $477,106 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $494,393 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $487,017 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $487,967 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $536,097 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.