7301 S INTERSTATE HY 35 2 TX
| Owner | SALT CREEK AUSTIN LLC |
|---|---|
| Parcel ID | 0426070603 |
| Short ID | 942519 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 11,600 SF |
| Land SF | 146,323 SF |
| Acres | 3.359 |
| Year Built | 2022 |
| Legal | UNT 2 BENNETT TRACT CONDOMINIUM PLUS 19.9 % INT IN COM AREA |
| Neighborhood | 08SC1 |
| Land | $2,194,849 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,194,849 |
| Improvement | $2,330,151 |
|---|---|
| Total Improvement | $2,330,151 |
| Market | $4,525,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,525,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,201,980 |
| Net Appraised (assessed) | $3,323,020 |
| Taxable Value | $3,323,020 |
|---|
Appreciation: Market value has risen +144.7% from $1,849,119 (2024) to $4,525,000 (2025), a CAGR of 144.7% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +28.8%, so this parcel has outpaced the broader land/vacant 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 $68,005. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,323,020) is $1,201,980 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 49% of market value ($2,194,849 land vs $2,330,151 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 $4,525,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +144.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $397,088,396 by 2030, with an estimated annual tax burden around $100,813. 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 | 20,800 SF | ✗ |
| 1ST | 1st Floor | 11,600 SF | ✓ |
| 881 | COMMCL FINISHOUT | 11,600 SF | ✓ |
| 501 | CANOPY | 1,490 SF | ✗ |
Market value changed by 321% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $30,744.58 | $30,744.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,413.19 | $17,413.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,489.40 | $12,489.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,921.93 | $3,921.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,436.00 | $3,436.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $68,005.10 | $68,005.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,759,681 | $4,525,000 | -16.9% |
| Assessed Value | $3,759,681 | $3,323,020 | +13.1% |
| Land Value | $2,194,849 | $2,194,849 | +0.0% |
| Improvement Value | $1,564,832 | $2,330,151 | -32.8% |
| Taxable Value | $3,759,681 | $3,323,020 | +13.1% |
| Total Tax 2026 = estimate |
~$76,941
Estimated
|
~$68,005
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,131,518 | $3,759,681 | -371,837 (-9.0%) |
| Taxable Value | $3,987,624 | $3,759,681 | -227,943 (-5.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,759,681 | $2,194,849 | $1,564,832 | — | $3,759,681 | $3,759,681 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,525,000 | $2,194,849 | $2,330,151 | −$1,201,980 | $3,323,020 | $3,323,020 | ~$68,005 | Partial |
| 2024 | $1,849,119 | — | — | — | — | $— | $54,880 | Verified |
| 2023 | $— | — | — | — | — | $— | $33,455 | Verified |
| 2022 | $— | — | — | — | $438,970 | $— | $8,669 | Verified |
| 2021 | $— | — | — | — | $438,970 | $— | $9,555 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.7% | +20.0% | 96.5% | Not available | Partial |
| 2025 | +6.5% | +20.0% | 73.4% | Not available | Partial |
| 2024 | +129.8% ! | +49.8% | 65.2% | 1.2900% | Verified |
| 2023 | +321.2% ! | +321.2% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +930.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.9% | +63.9% | +154.7% | +144.7% | 2025 | -16.9% | 2026 |
| Assessment Ratio | 100.0% | 86.7% | — | 100.0% | 2026 | 73.4% | 2025 |
| Effective Tax Rate (2025) | 1.5000% | 1.5000% | — | 1.5000% | 2025 | 1.5000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$68,005 | $61,443 | ~$86,705 | $68,005 | 2025 | $54,880 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,073,179 | ~$3,655,322 | ~2.0139% | ~$73,616 | +144.7% |
| 2027 | ~$27,097,301 | ~$4,020,854 | ~1.9814% | ~$79,669 | +498.8% |
| 2028 | ~$66,310,110 | ~$4,422,940 | ~1.9488% | ~$86,196 | +1365.4% |
| 2029 | ~$162,268,220 | ~$4,865,234 | ~1.9163% | ~$93,232 | +3486.0% |
| 2030 | ~$397,088,396 | ~$5,351,757 | ~1.8837% | ~$100,813 | +8675.4% |
| 2026 | ~$10,982,679 | ~$3,655,322 | ~2.0465% | ~$74,806 | +142.7% |
| 2027 | ~$26,656,183 | ~$4,020,854 | ~2.0465% | ~$82,286 | +489.1% |
| 2028 | ~$64,697,524 | ~$4,422,940 | ~2.0465% | ~$90,515 | +1329.8% |
| 2029 | ~$157,028,092 | ~$4,865,234 | ~2.0465% | ~$99,566 | +3370.2% |
| 2030 | ~$381,124,655 | ~$5,351,757 | ~2.0465% | ~$109,523 | +8322.6% |
| 2026 | ~$11,163,679 | ~$3,655,322 | ~1.9977% | ~$73,021 | +146.7% |
| 2027 | ~$27,542,038 | ~$4,020,854 | ~1.9488% | ~$78,360 | +508.7% |
| 2028 | ~$67,949,272 | ~$4,422,940 | ~1.9000% | ~$84,037 | +1401.6% |
| 2029 | ~$167,638,418 | ~$4,865,234 | ~1.8512% | ~$90,065 | +3604.7% |
| 2030 | ~$413,582,635 | ~$5,351,757 | ~1.8024% | ~$96,459 | +9039.9% |
In 2025, this property's market value of $4,525,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 53× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $4,525,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,849,119 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | 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.