804 W STASSNEY LN TX 78745
| Owner | SONIC PROPERTIES OF AUSTIN LLP |
|---|---|
| Parcel ID | 0414101512 |
| Short ID | 320777 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,150 SF |
| Land SF | 35,883 SF |
| Acres | 0.824 |
| Year Built | 1978 |
| Legal | LOT A SALEM PLACE 2 |
| Neighborhood | 33SOU |
| Land | $419,445 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $419,445 |
| Improvement | $51,065 |
|---|---|
| Total Improvement | $51,065 |
| Market | $470,510 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $470,510 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $470,510 |
| Taxable Value | $470,510 |
|---|
Appreciation: Market value has fallen -21.0% from $595,952 (2021) to $470,510 (2025), a CAGR of -5.7% 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 $9,629. 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 89% of market value ($419,445 land vs $51,065 improvements), about $12/SF of land. With value concentrated in the land under a ~48-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $470,510, 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 -5.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $350,159 by 2030, with an estimated annual tax burden around $6,596. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 11,700 SF | ✗ |
| 501 | CANOPY | 4,004 SF | ✗ |
| 611 | TERRACE | 3,010 SF | ✗ |
| 1ST | 1st Floor | 1,150 SF | ✓ |
| 541 | FENCE COMM LF | 90 SF | ✗ |
| 435 | FENCE IRON LF | 48 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% | $4,353.16 | $4,353.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,465.55 | $2,465.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,768.39 | $1,768.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $555.31 | $555.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $486.51 | $486.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,628.92 | $9,628.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $472,493 | $470,510 | +0.4% |
| Assessed Value | $472,493 | $470,510 | +0.4% |
| Land Value | $419,445 | $419,445 | +0.0% |
| Improvement Value | $53,048 | $51,065 | +3.9% |
| Taxable Value | $472,493 | $470,510 | +0.4% |
| Total Tax 2026 = estimate |
~$9,670
Estimated
|
~$9,629
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $472,493 | $472,493 | +0 (+0.0%) |
| Taxable Value | $472,493 | $472,493 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $472,493 | $419,445 | $53,048 | — | $472,493 | $472,493 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $470,510 | $419,445 | $51,065 | — | $470,510 | $470,510 | ~$9,629 | Partial |
| 2024 | $447,654 | — | — | −$28,209 | $419,445 | $— | $9,327 | Verified |
| 2023 | $419,445 | — | — | — | $419,445 | $— | $8,099 | Verified |
| 2022 | $503,569 | — | — | −$84,124 | $419,445 | $— | $8,284 | Verified |
| 2021 | $595,952 | — | — | −$176,507 | $419,445 | $— | $10,961 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | +16.6% | +16.6% | ~100% | 1.7900% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.8100% | Verified |
| 2022 | -16.7% | -16.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -4.0% | -5.8% | +6.7% | 2024 | -16.7% | 2023 |
| Assessment Ratio | 100.0% | 91.2% | — | 100.0% | 2023 | 70.4% | 2021 |
| 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 |
$9,629 | $9,260 | ~$7,722 | $10,961 | 2021 | $8,099 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$443,515 | ~$443,515 | ~2.0139% | ~$8,932 | -5.7% |
| 2027 | ~$418,069 | ~$418,069 | ~1.9814% | ~$8,284 | -11.1% |
| 2028 | ~$394,082 | ~$394,082 | ~1.9488% | ~$7,680 | -16.2% |
| 2029 | ~$371,472 | ~$371,472 | ~1.9163% | ~$7,118 | -21.0% |
| 2030 | ~$350,159 | ~$350,159 | ~1.8837% | ~$6,596 | -25.6% |
| 2026 | ~$446,984 | ~$446,984 | ~2.0465% | ~$9,147 | -5.0% |
| 2027 | ~$424,635 | ~$424,635 | ~2.0465% | ~$8,690 | -9.8% |
| 2028 | ~$403,404 | ~$403,404 | ~2.0465% | ~$8,256 | -14.3% |
| 2029 | ~$383,233 | ~$383,233 | ~2.0465% | ~$7,843 | -18.5% |
| 2030 | ~$364,072 | ~$364,072 | ~2.0465% | ~$7,451 | -22.6% |
| 2026 | ~$452,925 | ~$452,925 | ~1.9977% | ~$9,048 | -3.7% |
| 2027 | ~$435,997 | ~$435,997 | ~1.9488% | ~$8,497 | -7.3% |
| 2028 | ~$419,703 | ~$419,703 | ~1.9000% | ~$7,974 | -10.8% |
| 2029 | ~$404,017 | ~$404,017 | ~1.8512% | ~$7,479 | -14.1% |
| 2030 | ~$388,917 | ~$388,917 | ~1.8024% | ~$7,010 | -17.3% |
In 2025, this property's market value of $470,510 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -67% 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 | $470,510 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $447,654 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $419,445 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $503,569 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $595,952 | $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.