4402 S CONGRESS AVE TX 78745
| Owner | QUIKTRIP CORPORATION |
|---|---|
| Parcel ID | 0412060937 |
| Short ID | 937581 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 4,993 SF |
| Land SF | 85,770 SF |
| Acres | 1.969 |
| Year Built | 2021 |
| Legal | LOT 1 BLK A ST ELMO CORNER MARKET SUBD |
| Neighborhood | 61SOU |
| Land | $3,859,634 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,859,634 |
| Improvement | $240,974 |
|---|---|
| Total Improvement | $240,974 |
| Market | $4,100,608 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,100,608 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,100,608 |
| Taxable Value | $4,100,608 |
|---|
Appreciation: Market value has fallen -20.2% from $5,138,173 (2022) to $4,100,608 (2025), a CAGR of -7.2% over 3 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 +16.6%, 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 $83,918. 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 94% of market value ($3,859,634 land vs $240,974 improvements), about $45/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 $4,100,608, 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 -7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,815,664 by 2030, with an estimated annual tax burden around $53,040. 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 |
|---|---|---|---|
| 501 | CANOPY | 5,000 SF | ✗ |
| 1ST | 1st Floor | 4,993 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% | $37,938.83 | $37,938.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,487.88 | $21,487.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,411.93 | $15,411.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,839.66 | $4,839.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,240.03 | $4,240.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $83,918.33 | $83,918.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,100,608 | $4,100,608 | +0.0% |
| Assessed Value | $4,100,608 | $4,100,608 | +0.0% |
| Land Value | $3,859,634 | $3,859,634 | +0.0% |
| Improvement Value | $240,974 | $240,974 | +0.0% |
| Taxable Value | $4,100,608 | $4,100,608 | +0.0% |
| Total Tax 2026 = estimate |
~$83,918
Estimated
|
~$83,918
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,181,597 | $4,100,608 | -80,989 (-1.9%) |
| Taxable Value | $4,181,597 | $4,100,608 | -80,989 (-1.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,100,608 | $3,859,634 | $240,974 | — | $4,100,608 | $4,100,608 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,100,608 | $3,859,634 | $240,974 | — | $4,100,608 | $4,100,608 | ~$83,918 | Partial |
| 2024 | $4,027,785 | — | — | −$168,151 | $3,859,634 | $— | $81,266 | Verified |
| 2023 | $4,197,269 | — | — | −$337,635 | $3,859,634 | $— | $72,873 | Verified |
| 2022 | $5,138,173 | — | — | −$1,278,539 | $3,859,634 | $— | $82,893 | Verified |
| 2021 | $— | — | — | — | $3,859,634 | $— | $111,842 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -5.3% | -5.3% | ~100% | 1.9800% | Verified |
| 2023 | +3.2% | +3.2% | ~100% | 1.6800% | Verified |
| 2022 | -18.3% | -18.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -5.1% | -7.2% | +1.8% | 2025 | -18.3% | 2023 |
| Assessment Ratio | 100.0% | 92.6% | — | 100.0% | 2025 | 75.1% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$83,918 | $80,238 | ~$64,299 | $83,918 | 2025 | $72,873 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,803,599 | ~$3,803,599 | ~2.0139% | ~$76,602 | -7.2% |
| 2027 | ~$3,528,103 | ~$3,528,103 | ~1.9814% | ~$69,905 | -14.0% |
| 2028 | ~$3,272,561 | ~$3,272,561 | ~1.9488% | ~$63,777 | -20.2% |
| 2029 | ~$3,035,528 | ~$3,035,528 | ~1.9163% | ~$58,170 | -26.0% |
| 2030 | ~$2,815,664 | ~$2,815,664 | ~1.8837% | ~$53,040 | -31.3% |
| 2026 | ~$3,895,578 | ~$3,895,578 | ~2.0465% | ~$79,722 | -5.0% |
| 2027 | ~$3,700,799 | ~$3,700,799 | ~2.0465% | ~$75,736 | -9.7% |
| 2028 | ~$3,515,759 | ~$3,515,759 | ~2.0465% | ~$71,949 | -14.3% |
| 2029 | ~$3,339,971 | ~$3,339,971 | ~2.0465% | ~$68,352 | -18.5% |
| 2030 | ~$3,172,972 | ~$3,172,972 | ~2.0465% | ~$64,934 | -22.6% |
| 2026 | ~$3,885,612 | ~$3,885,612 | ~1.9977% | ~$77,621 | -5.2% |
| 2027 | ~$3,681,887 | ~$3,681,887 | ~1.9488% | ~$71,754 | -10.2% |
| 2028 | ~$3,488,845 | ~$3,488,845 | ~1.9000% | ~$66,289 | -14.9% |
| 2029 | ~$3,305,923 | ~$3,305,923 | ~1.8512% | ~$61,199 | -19.4% |
| 2030 | ~$3,132,592 | ~$3,132,592 | ~1.8024% | ~$56,461 | -23.6% |
In 2025, this property's market value of $4,100,608 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +189% above 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 | $4,100,608 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,027,785 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,197,269 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,138,173 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.