S INTERSTATE HY 35 TX
| Owner | SOCO 35 RETAIL LTD |
|---|---|
| Parcel ID | 0430090705 |
| Short ID | 935267 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,100 SF |
| Land SF | 54,951 SF |
| Acres | 1.262 |
| Year Built | 2022 |
| Legal | LOT 4 BLK A OAKS AT SLAUGHTER |
| Neighborhood | 1SO2 |
| Land | $1,373,774 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,373,774 |
| Improvement | $76,182 |
|---|---|
| Total Improvement | $76,182 |
| Market | $1,449,956 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,449,956 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,449,956 |
| Taxable Value | $1,449,956 |
|---|
Appreciation: Market value has risen +166.1% from $544,936 (2021) to $1,449,956 (2025), a CAGR of 27.7% over 4 years. This is strong appreciation — well above typical inflation. 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 $29,673. 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 95% of market value ($1,373,774 land vs $76,182 improvements), about $25/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,449,956, 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 +27.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,927,385 by 2030, with an estimated annual tax burden around $43,989. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 17,735 SF | ✗ |
| 501 | CANOPY | 4,575 SF | ✗ |
| 1ST | 1st Floor | 1,100 SF | ✓ |
Market value changed by 144% 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% | $13,414.99 | $13,414.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,598.02 | $7,598.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,449.59 | $5,449.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,711.28 | $1,711.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,499.25 | $1,499.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,673.13 | $29,673.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,374,774 | $1,449,956 | -5.2% |
| Assessed Value | $1,374,774 | $1,449,956 | -5.2% |
| Land Value | $1,373,774 | $1,373,774 | +0.0% |
| Improvement Value | $1,000 | $76,182 | -98.7% |
| Taxable Value | $1,374,774 | $1,449,956 | -5.2% |
| Total Tax 2026 = estimate |
~$28,135
Estimated
|
~$29,673
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,451,931 | $1,374,774 | -77,157 (-5.3%) |
| Taxable Value | $1,451,931 | $1,374,774 | -77,157 (-5.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,374,774 | $1,373,774 | $1,000 | — | $1,374,774 | $1,374,774 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,449,956 | $1,373,774 | $76,182 | — | $1,449,956 | $1,449,956 | ~$29,673 | Partial |
| 2024 | $2,140,104 | — | — | −$766,330 | $1,373,774 | $— | $30,233 | Verified |
| 2023 | $1,215,434 | — | — | — | $1,373,774 ! | $— | $38,720 | Verified |
| 2022 | $— | — | — | — | — | $— | $24,937 | Verified |
| 2021 | $544,936 | — | — | — | $544,936 | $— | $11,862 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2024 | -28.7% | -28.7% | ~100% | 1.9800% | Verified |
| 2023 | +61.2% | +61.2% | ~100% | 1.8100% | Verified |
| 2022 | +143.6% ! | +143.6% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +166.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +40.4% | +29.1% | +123.0% | 2023 | -32.2% | 2025 |
| Assessment Ratio | 100.0% | 95.4% | — | 113.0% | 2023 | 64.2% | 2024 |
| 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 |
$29,673 | $27,622 | ~$37,833 | $38,720 | 2023 | $11,862 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,851,856 | ~$1,594,952 | ~2.0139% | ~$32,121 | +27.7% |
| 2027 | ~$2,365,154 | ~$1,754,447 | ~1.9814% | ~$34,762 | +63.1% |
| 2028 | ~$3,020,729 | ~$1,929,891 | ~1.9488% | ~$37,610 | +108.3% |
| 2029 | ~$3,858,017 | ~$2,122,881 | ~1.9163% | ~$40,681 | +166.1% |
| 2030 | ~$4,927,385 | ~$2,335,169 | ~1.8837% | ~$43,989 | +239.8% |
| 2026 | ~$1,822,857 | ~$1,594,952 | ~2.0465% | ~$32,640 | +25.7% |
| 2027 | ~$2,291,660 | ~$1,754,447 | ~2.0465% | ~$35,904 | +58.1% |
| 2028 | ~$2,881,031 | ~$1,929,891 | ~2.0465% | ~$39,495 | +98.7% |
| 2029 | ~$3,621,976 | ~$2,122,881 | ~2.0465% | ~$43,444 | +149.8% |
| 2030 | ~$4,553,478 | ~$2,335,169 | ~2.0465% | ~$47,789 | +214.0% |
| 2026 | ~$1,880,855 | ~$1,594,952 | ~1.9977% | ~$31,862 | +29.7% |
| 2027 | ~$2,439,809 | ~$1,754,447 | ~1.9488% | ~$34,191 | +68.3% |
| 2028 | ~$3,164,872 | ~$1,929,891 | ~1.9000% | ~$36,668 | +118.3% |
| 2029 | ~$4,105,411 | ~$2,122,881 | ~1.8512% | ~$39,299 | +183.1% |
| 2030 | ~$5,325,460 | ~$2,335,169 | ~1.8024% | ~$42,088 | +267.3% |
In 2025, this property's market value of $1,449,956 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +2% 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 | $1,449,956 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,140,104 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,215,434 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $544,936 | $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.