7116 S INTERSTATE HY 35 TX 78745
| Owner | ALLSAFE STORAGE OWNER LLC |
|---|---|
| Parcel ID | 0424070201 |
| Short ID | 512640 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 14,675 SF |
| Land SF | 44,718 SF |
| Acres | 1.027 |
| Year Built | 1983 |
| Legal | LOT 24 BLK A CIRCLE S RIDGE SEC 1 |
| Neighborhood | 63SOU |
| Land | $670,775 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $670,775 |
| Improvement | $2,086,225 |
|---|---|
| Total Improvement | $2,086,225 |
| Market | $2,757,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,757,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$173,879 |
| Net Appraised (assessed) | $2,583,121 |
| Taxable Value | $2,583,121 |
|---|
Appreciation: Market value has risen +190.8% from $948,082 (2021) to $2,757,000 (2025), a CAGR of 30.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $52,863. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,583,121) is $173,879 below market value, suggesting potential for an upward assessment in future years.
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 24% of market value ($670,775 land vs $2,086,225 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,757,000, this parcel sits in the upper-middle (50th–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 +30.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,469,486 by 2030, with an estimated annual tax burden around $78,366. 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 | 20,000 SF | ✗ |
| 1ST | 1st Floor | 14,675 SF | ✓ |
| 541 | FENCE COMM LF | 1,012 SF | ✗ |
| 881 | COMMCL FINISHOUT | 375 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% | $23,899.04 | $23,899.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,535.99 | $13,535.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,708.53 | $9,708.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,048.68 | $3,048.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,670.95 | $2,670.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,863.19 | $52,863.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,412,000 | $2,757,000 | -12.5% |
| Assessed Value | $2,412,000 | $2,583,121 | -6.6% |
| Land Value | $670,775 | $670,775 | +0.0% |
| Improvement Value | $1,741,225 | $2,086,225 | -16.5% |
| Taxable Value | $2,412,000 | $2,583,121 | -6.6% |
| Total Tax 2026 = estimate |
~$49,361
Estimated
|
~$52,863
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,412,000 | $2,412,000 | +0 (+0.0%) |
| Taxable Value | $2,412,000 | $2,412,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,412,000 | $670,775 | $1,741,225 | — | $2,412,000 | $2,412,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,757,000 | $670,775 | $2,086,225 | −$173,879 | $2,583,121 | $2,583,121 | ~$52,863 | Partial |
| 2024 | $1,793,834 | — | — | −$1,123,059 | $670,775 | $— | $42,661 | Verified |
| 2023 | $1,716,937 | — | — | −$1,046,162 | $670,775 | $— | $32,455 | Verified |
| 2022 | $1,001,799 | — | — | −$644,052 | $357,747 | $— | $33,908 | Verified |
| 2021 | $948,082 | — | — | −$590,335 | $357,747 | $— | $21,806 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.5% | -6.6% | ~100% | Not available | Partial |
| 2025 | -5.9% | +20.0% | 93.7% | Not available | Partial |
| 2024 | +63.3% | +20.0% | 73.5% | 1.4600% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.8100% | Verified |
| 2022 | +71.4% | +71.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +175.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.5% | +24.6% | +34.3% | +71.4% | 2023 | -12.5% | 2026 |
| Assessment Ratio | 100.0% | 57.3% | — | 100.0% | 2026 | 35.7% | 2022 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$52,863 | $36,739 | ~$67,400 | $52,863 | 2025 | $21,806 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,600,265 | ~$2,841,433 | ~2.0139% | ~$57,225 | +30.6% |
| 2027 | ~$4,701,454 | ~$3,125,576 | ~1.9814% | ~$61,930 | +70.5% |
| 2028 | ~$6,139,456 | ~$3,438,134 | ~1.9488% | ~$67,004 | +122.7% |
| 2029 | ~$8,017,291 | ~$3,781,947 | ~1.9163% | ~$72,473 | +190.8% |
| 2030 | ~$10,469,486 | ~$4,160,142 | ~1.8837% | ~$78,366 | +279.7% |
| 2026 | ~$3,545,125 | ~$2,841,433 | ~2.0465% | ~$58,150 | +28.6% |
| 2027 | ~$4,558,546 | ~$3,125,576 | ~2.0465% | ~$63,964 | +65.3% |
| 2028 | ~$5,861,667 | ~$3,438,134 | ~2.0465% | ~$70,361 | +112.6% |
| 2029 | ~$7,537,303 | ~$3,781,947 | ~2.0465% | ~$77,397 | +173.4% |
| 2030 | ~$9,691,941 | ~$4,160,142 | ~2.0465% | ~$85,137 | +251.5% |
| 2026 | ~$3,655,405 | ~$2,841,433 | ~1.9977% | ~$56,762 | +32.6% |
| 2027 | ~$4,846,567 | ~$3,125,576 | ~1.9488% | ~$60,912 | +75.8% |
| 2028 | ~$6,425,886 | ~$3,438,134 | ~1.9000% | ~$65,325 | +133.1% |
| 2029 | ~$8,519,846 | ~$3,781,947 | ~1.8512% | ~$70,011 | +209.0% |
| 2030 | ~$11,296,152 | ~$4,160,142 | ~1.8024% | ~$74,981 | +309.7% |
In 2025, this property's market value of $2,757,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +94% 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 | $2,757,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,793,834 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,716,937 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,001,799 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $948,082 | $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.