6940 S INTERSTATE HY 35 TX 78745
| Owner | LONG REAL ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0424050103 |
| Short ID | 512615 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,800 SF |
| Land SF | 42,525 SF |
| Acres | 0.976 |
| Year Built | 1972 |
| Legal | LOT 1A WALKER FORREST C SUBD |
| Neighborhood | 83SOU |
| Land | $637,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $637,875 |
| Improvement | $371,514 |
|---|---|
| Total Improvement | $371,514 |
| Market | $1,009,389 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,009,389 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,009,389 |
| Taxable Value | $1,009,389 |
|---|
Appreciation: Market value has risen +31.3% from $768,796 (2021) to $1,009,389 (2025), a CAGR of 7.0% 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 $20,657. 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 63% of market value ($637,875 land vs $371,514 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 $1,009,389, this parcel sits in the lower-middle (25th–50th 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,418,626 by 2030, with an estimated annual tax burden around $26,723. 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 | 37,300 SF | ✗ |
| 1ST | 1st Floor | 5,800 SF | ✓ |
| SO | Sketch Only | 800 SF | ✗ |
| 541 | FENCE COMM LF | 450 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% | $9,338.87 | $9,338.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,289.37 | $5,289.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,793.74 | $3,793.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,191.31 | $1,191.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,043.71 | $1,043.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,657.00 | $20,657.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,158,321 | $1,009,389 | +14.8% |
| Assessed Value | $1,158,321 | $1,009,389 | +14.8% |
| Land Value | $637,875 | $637,875 | +0.0% |
| Improvement Value | $520,446 | $371,514 | +40.1% |
| Taxable Value | $1,158,321 | $1,009,389 | +14.8% |
| Total Tax 2026 = estimate |
~$23,705
Estimated
|
~$20,657
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,331,403 | $1,158,321 | -173,082 (-13.0%) |
| Taxable Value | $1,211,267 | $1,158,321 | -52,946 (-4.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,158,321 | $637,875 | $520,446 | — | $1,158,321 | $1,158,321 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,009,389 | $637,875 | $371,514 | — | $1,009,389 | $1,009,389 | ~$20,657 | Partial |
| 2024 | $1,200,000 | — | — | −$562,125 | $637,875 | $— | $20,004 | Verified |
| 2023 | $785,000 | — | — | −$147,125 | $637,875 | $— | $21,711 | Verified |
| 2022 | $798,855 | — | — | −$458,655 | $340,200 | $— | $15,503 | Verified |
| 2021 | $768,796 | — | — | −$428,596 | $340,200 | $— | $17,389 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.9% | +20.0% | 91.0% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -15.9% | -15.9% | ~100% | 1.9800% | Verified |
| 2023 | +50.2% | +50.2% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.8% | +10.8% | +4.3% | +52.9% | 2024 | -15.9% | 2025 |
| Assessment Ratio | 100.0% | 70.2% | — | 100.0% | 2025 | 42.6% | 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 |
$20,657 | $19,053 | ~$24,185 | $21,711 | 2023 | $15,503 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,080,489 | ~$1,080,489 | ~2.0139% | ~$21,760 | +7.0% |
| 2027 | ~$1,156,598 | ~$1,156,598 | ~1.9814% | ~$22,917 | +14.6% |
| 2028 | ~$1,238,067 | ~$1,238,067 | ~1.9488% | ~$24,128 | +22.7% |
| 2029 | ~$1,325,275 | ~$1,325,275 | ~1.9163% | ~$25,396 | +31.3% |
| 2030 | ~$1,418,626 | ~$1,418,626 | ~1.8837% | ~$26,723 | +40.5% |
| 2026 | ~$1,060,301 | ~$1,060,301 | ~2.0465% | ~$21,699 | +5.0% |
| 2027 | ~$1,113,782 | ~$1,113,782 | ~2.0465% | ~$22,793 | +10.3% |
| 2028 | ~$1,169,960 | ~$1,169,960 | ~2.0465% | ~$23,943 | +15.9% |
| 2029 | ~$1,228,971 | ~$1,228,971 | ~2.0465% | ~$25,151 | +21.8% |
| 2030 | ~$1,290,959 | ~$1,290,959 | ~2.0465% | ~$26,419 | +27.9% |
| 2026 | ~$1,100,677 | ~$1,100,677 | ~1.9977% | ~$21,988 | +9.0% |
| 2027 | ~$1,200,221 | ~$1,200,221 | ~1.9488% | ~$23,390 | +18.9% |
| 2028 | ~$1,308,768 | ~$1,308,768 | ~1.9000% | ~$24,867 | +29.7% |
| 2029 | ~$1,427,131 | ~$1,427,131 | ~1.8512% | ~$26,419 | +41.4% |
| 2030 | ~$1,556,199 | ~$1,556,199 | ~1.8024% | ~$28,048 | +54.2% |
In 2025, this property's market value of $1,009,389 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -29% 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 | $1,009,389 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $785,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $798,855 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $768,796 | $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.