S INTERSTATE HY 35 TX
| Owner | SOCO 35 RETAIL LTD |
|---|---|
| Parcel ID | 0430090703 |
| Short ID | 935265 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 7,284 SF |
| Land SF | 67,862 SF |
| Acres | 1.558 |
| Year Built | 2023 |
| Legal | LOT 2 BLK A OAKS AT SLAUGHTER |
| Neighborhood | 1SO2 |
| Land | $1,442,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,442,070 |
| Improvement | $2,075,164 |
|---|---|
| Total Improvement | $2,075,164 |
| Market | $3,517,234 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,517,234 |
| Value Limitation Adjustment (−) (homestead cap) | −$518,880 |
| Net Appraised (assessed) | $2,998,354 |
| Taxable Value | $2,998,354 |
|---|
Appreciation: Market value has risen +926.5% from $342,643 (2021) to $3,517,234 (2025), a CAGR of 79.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 $61,361. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,998,354) is $518,880 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 41% of market value ($1,442,070 land vs $2,075,164 improvements), about $21/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,517,234, 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 +79.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $64,624,993 by 2030, with an estimated annual tax burden around $1,217,368. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 25,780 SF | ✗ |
| 1ST | 1st Floor | 7,284 SF | ✓ |
| 272 | COLDSTG VAULT LG | 938 SF | ✓ |
| 611 | TERRACE | 750 SF | ✗ |
| 482 | LIGHT POLES | 4 SF | ✓ |
Market value changed by 89% in 2022, 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% | $27,740.77 | $27,740.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,711.88 | $15,711.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,269.16 | $11,269.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,538.75 | $3,538.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,100.30 | $3,100.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $61,360.86 | $61,360.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,000,688 | $3,517,234 | +13.7% |
| Assessed Value | $3,598,025 | $2,998,354 | +20.0% |
| Land Value | $1,442,070 | $1,442,070 | +0.0% |
| Improvement Value | $2,558,618 | $2,075,164 | +23.3% |
| Taxable Value | $3,598,025 | $2,998,354 | +20.0% |
| HS Cap Loss | -$402,663 | — | |
| Total Tax 2026 = estimate |
~$73,633
Estimated
|
~$61,361
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,000,688 | $4,000,688 | +0 (+0.0%) |
| Taxable Value | $3,598,025 | $3,598,025 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,000,688 | $1,442,070 | $2,558,618 | −$402,663 | $3,598,025 | $3,598,025 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,517,234 | $1,442,070 | $2,075,164 | −$518,880 | $2,998,354 | $2,998,354 | ~$61,361 | Partial |
| 2024 | $— | — | — | — | $1,442,070 | $— | $49,518 | Verified |
| 2023 | $— | — | — | — | $1,442,070 | $— | $26,091 | Verified |
| 2022 | $— | — | — | — | $1,347,006 | $— | $24,396 | Verified |
| 2021 | $342,643 | — | — | — | $713,121 ! | $— | $15,522 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.7% | +20.0% | 89.9% | Not available | Partial |
| 2025 | +40.8% | +20.0% | 85.2% | Not available | Partial |
| 2024 | +73.3% | +73.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.8100% | Verified |
| 2022 | +88.9% ! | +88.9% | ~100% | 1.8100% | Verified |
| 2021 | base year | — | ~100% | 4.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +393.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.7% | +470.1% | +74.7% | +926.5% | 2025 | +13.7% | 2026 |
| Assessment Ratio | 89.9% | 127.7% | — | 208.1% | 2021 | 85.2% | 2025 |
| Effective Tax Rate (2025) | 1.7400% | 1.7400% | — | 1.7400% | 2025 | 1.7400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$61,361 | $38,442 | ~$530,480 | $61,361 | 2025 | $15,522 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,295,658 | ~$6,295,658 | ~2.0139% | ~$126,791 | +79.0% |
| 2027 | ~$11,268,885 | ~$11,268,885 | ~1.9814% | ~$223,280 | +220.4% |
| 2028 | ~$20,170,693 | ~$20,170,693 | ~1.9488% | ~$393,094 | +473.5% |
| 2029 | ~$36,104,444 | ~$36,104,444 | ~1.9163% | ~$691,866 | +926.5% |
| 2030 | ~$64,624,993 | ~$64,624,993 | ~1.8837% | ~$1,217,368 | +1737.4% |
| 2026 | ~$6,225,313 | ~$6,225,313 | ~2.0465% | ~$127,400 | +77.0% |
| 2027 | ~$11,018,466 | ~$11,018,466 | ~2.0465% | ~$225,491 | +213.3% |
| 2028 | ~$19,502,086 | ~$19,502,086 | ~2.0465% | ~$399,107 | +454.5% |
| 2029 | ~$34,517,633 | ~$34,517,633 | ~2.0465% | ~$706,398 | +881.4% |
| 2030 | ~$61,094,335 | ~$61,094,335 | ~2.0465% | ~$1,250,286 | +1637.0% |
| 2026 | ~$6,366,002 | ~$6,366,002 | ~1.9977% | ~$127,171 | +81.0% |
| 2027 | ~$11,522,119 | ~$11,522,119 | ~1.9488% | ~$224,548 | +227.6% |
| 2028 | ~$20,854,409 | ~$20,854,409 | ~1.9000% | ~$396,237 | +492.9% |
| 2029 | ~$37,745,347 | ~$37,745,347 | ~1.8512% | ~$698,740 | +973.2% |
| 2030 | ~$68,317,027 | ~$68,317,027 | ~1.8024% | ~$1,231,326 | +1842.4% |
In 2025, this property's market value of $3,517,234 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +148% 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 | $3,517,234 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $342,643 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | 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.