2623 JONES RD AUSTIN, TX 78745
| Owner | OE PARTNERS LLC |
|---|---|
| Parcel ID | 0410131203 |
| Short ID | 510092 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 8,400 SF |
| Acres | 0.193 |
| Year Built | 1969 |
| Legal | N120FT OF LOT 11 * & N120FT OF W20FT OF LOT 12 BLK A SOUTHERN OAKS SEC 7 |
| Neighborhood | 48SOU |
| Land | $168,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $168,000 |
| Improvement | $234,578 |
|---|---|
| Total Improvement | $234,578 |
| Market | $402,578 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $402,578 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $402,578 |
| Taxable Value | $402,578 |
|---|
Appreciation: Market value has risen +29.0% from $312,000 (2021) to $402,578 (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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,239. 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 42% of market value ($168,000 land vs $234,578 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $402,578, 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $553,630 by 2030, with an estimated annual tax burden around $10,429. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 501 | CANOPY | 416 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $3,531.70 | $3,531.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,000.29 | $2,000.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,434.69 | $1,434.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $450.52 | $450.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $394.70 | $394.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,811.90 | $7,811.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $381,723 | $402,578 | -5.2% |
| Assessed Value | $381,723 | $402,578 | -5.2% |
| Land Value | $168,000 | $168,000 | +0.0% |
| Improvement Value | $213,723 | $234,578 | -8.9% |
| Taxable Value | $381,723 | $402,578 | -5.2% |
| Total Tax 2026 = estimate |
~$7,812
Estimated
|
~$7,812
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $418,802 | $381,723 | -37,079 (-8.9%) |
| Taxable Value | $418,802 | $381,723 | -37,079 (-8.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $381,723 | $168,000 | $213,723 | — | $381,723 | $381,723 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $402,578 | $168,000 | $234,578 | — | $402,578 | $402,578 | ~$7,812 | Partial |
| 2024 | $406,166 | — | — | −$238,166 | $168,000 | $— | $7,565 | Verified |
| 2023 | $328,000 | — | — | −$160,000 | $168,000 | $— | $7,349 | Verified |
| 2022 | $312,419 | — | — | −$144,419 | $168,000 | $— | $6,478 | Verified |
| 2021 | $312,000 | — | — | −$144,000 | $168,000 | $— | $6,800 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2024 | -6.0% | -6.0% | ~100% | 1.9800% | Verified |
| 2023 | +18.4% | +18.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +4.6% | +7.7% | +23.8% | 2024 | -5.2% | 2026 |
| Assessment Ratio | 100.0% | 66.7% | — | 100.0% | 2025 | 41.4% | 2024 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,812 | $7,201 | ~$9,517 | $7,812 | 2025 | $6,478 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$429,066 | ~$429,066 | ~2.0139% | ~$8,641 | +6.6% |
| 2027 | ~$457,296 | ~$457,296 | ~1.9814% | ~$9,061 | +13.6% |
| 2028 | ~$487,384 | ~$487,384 | ~1.9488% | ~$9,498 | +21.1% |
| 2029 | ~$519,452 | ~$519,452 | ~1.9163% | ~$9,954 | +29.0% |
| 2030 | ~$553,630 | ~$553,630 | ~1.8837% | ~$10,429 | +37.5% |
| 2026 | ~$421,014 | ~$421,014 | ~2.0465% | ~$8,616 | +4.6% |
| 2027 | ~$440,295 | ~$440,295 | ~2.0465% | ~$9,011 | +9.4% |
| 2028 | ~$460,458 | ~$460,458 | ~2.0465% | ~$9,423 | +14.4% |
| 2029 | ~$481,545 | ~$481,545 | ~2.0465% | ~$9,855 | +19.6% |
| 2030 | ~$503,598 | ~$503,598 | ~2.0465% | ~$10,306 | +25.1% |
| 2026 | ~$437,117 | ~$437,117 | ~1.9977% | ~$8,732 | +8.6% |
| 2027 | ~$474,620 | ~$474,620 | ~1.9488% | ~$9,250 | +17.9% |
| 2028 | ~$515,340 | ~$515,340 | ~1.9000% | ~$9,792 | +28.0% |
| 2029 | ~$559,554 | ~$559,554 | ~1.8512% | ~$10,358 | +39.0% |
| 2030 | ~$607,561 | ~$607,561 | ~1.8024% | ~$10,951 | +50.9% |
In 2025, this property's market value of $402,578 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -72% 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 | $402,578 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $406,166 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $328,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $312,419 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $312,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.