155 W SLAUGHTER LN TX 78748
| Owner | SONIC DEVELOPMENT OF CENTRAL TEXAS |
|---|---|
| Parcel ID | 0432110301 |
| Short ID | 447727 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,324 SF |
| Land SF | 37,636 SF |
| Acres | 0.864 |
| Year Built | 1997 |
| Legal | LOT 1 SLAUGHTER AT CULLEN COMMERCIAL |
| Neighborhood | 33SOU |
| Land | $752,720 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $752,720 |
| Improvement | $47,736 |
|---|---|
| Total Improvement | $47,736 |
| Market | $800,456 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $800,456 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $800,456 |
| Exemptions (−) | −$752,720 |
|---|---|
| Taxable Value | $47,736 |
Appreciation: Market value has fallen -27.9% from $1,109,540 (2021) to $800,456 (2025), a CAGR of -7.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 lagged 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 $977. 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 94% of market value ($752,720 land vs $47,736 improvements), about $20/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 $800,456, 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 -7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $532,207 by 2030, with an estimated annual tax burden around $10,025. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 501 | CANOPY | 4,488 SF | ✗ |
| 611 | TERRACE | 1,698 SF | ✗ |
| 551 | PAVED AREA | 1,540 SF | ✗ |
| 1ST | 1st Floor | 1,324 SF | ✓ |
| 327 | STORAGE COMM'L | 80 SF | ✓ |
| 435 | FENCE IRON LF | 47 SF | ✗ |
| 541 | FENCE COMM LF | 12 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% | $441.65 | $441.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $250.14 | $250.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $179.41 | $179.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56.34 | $56.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49.36 | $49.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $976.90 | $976.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $802,642 | $800,456 | +0.3% |
| Assessed Value | $802,642 | $800,456 | +0.3% |
| Land Value | $752,720 | $752,720 | +0.0% |
| Improvement Value | $49,922 | $47,736 | +4.6% |
| Taxable Value | $49,922 | $47,736 | +4.6% |
| Exemptions | — | @ | |
| Total Tax 2026 = estimate |
~$1,022
Estimated
|
~$977
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $802,642 | $802,642 | +0 (+0.0%) |
| Taxable Value | $49,922 | $49,922 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $802,642 | $752,720 | $49,922 | — | $802,642 | $49,922 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $800,456 | $752,720 | $47,736 | — | $800,456 | $47,736 | ~$977 | Partial |
| 2024 | $752,720 | — | — | — | $752,720 | $— | $949 | Verified |
| 2023 | $752,720 | — | — | — | $752,720 | $— | not in county billing file ⓘ | Partial |
| 2022 | $1,041,491 | — | — | −$288,771 | $752,720 | $— | not in county billing file ⓘ | Partial |
| 2021 | $1,109,540 | — | — | −$356,820 | $752,720 | $— | $22,670 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | -6.0% | -6.0% | ~100% | 0.1200% | Verified |
| 2023 | +13.2% | +13.2% | ~100% | No billing data | Verified |
| 2022 | -27.7% | -27.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -23.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | -5.4% | -7.9% | +6.3% | 2025 | -27.7% | 2023 |
| Assessment Ratio | 100.0% | 90.0% | — | 100.0% | 2023 | 67.8% | 2021 |
| Effective Tax Rate (2025) | 0.1200% | 0.1200% | — | 0.1200% | 2025 | 0.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$977 | $8,198 | ~$12,326 | $22,670 | 2021 | $949 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$737,711 | ~$737,711 | ~2.0139% | ~$14,857 | -7.8% |
| 2027 | ~$679,884 | ~$679,884 | ~1.9814% | ~$13,471 | -15.1% |
| 2028 | ~$626,590 | ~$626,590 | ~1.9488% | ~$12,211 | -21.7% |
| 2029 | ~$577,473 | ~$577,473 | ~1.9163% | ~$11,066 | -27.9% |
| 2030 | ~$532,207 | ~$532,207 | ~1.8837% | ~$10,025 | -33.5% |
| 2026 | ~$760,433 | ~$760,433 | ~2.0465% | ~$15,562 | -5.0% |
| 2027 | ~$722,412 | ~$722,412 | ~2.0465% | ~$14,784 | -9.7% |
| 2028 | ~$686,291 | ~$686,291 | ~2.0465% | ~$14,045 | -14.3% |
| 2029 | ~$651,976 | ~$651,976 | ~2.0465% | ~$13,343 | -18.5% |
| 2030 | ~$619,378 | ~$619,378 | ~2.0465% | ~$12,675 | -22.6% |
| 2026 | ~$753,720 | ~$753,720 | ~1.9977% | ~$15,057 | -5.8% |
| 2027 | ~$709,712 | ~$709,712 | ~1.9488% | ~$13,831 | -11.3% |
| 2028 | ~$668,275 | ~$668,275 | ~1.9000% | ~$12,697 | -16.5% |
| 2029 | ~$629,256 | ~$629,256 | ~1.8512% | ~$11,649 | -21.4% |
| 2030 | ~$592,516 | ~$592,516 | ~1.8024% | ~$10,679 | -26.0% |
In 2025, this property's market value of $800,456 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -44% 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 | $800,456 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $752,720 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $752,720 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,041,491 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,109,540 | $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.