309 W SLAUGHTER LN TX 78748
| Owner | BM CHOO LLC |
|---|---|
| Parcel ID | 0432110316 |
| Short ID | 755857 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,568 SF |
| Land SF | 40,903 SF |
| Acres | 0.939 |
| Year Built | 2008 |
| Legal | LOT 2 BLK A SOUTHPARK MEADOWS COMMERCIAL PHS 1 |
| Neighborhood | 33SOU |
| Land | $818,060 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $818,060 |
| Improvement | $1,062,267 |
|---|---|
| Total Improvement | $1,062,267 |
| Market | $1,880,327 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,880,327 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,880,327 |
| Taxable Value | $1,880,327 |
|---|
Appreciation: Market value has fallen -8.3% from $2,050,840 (2021) to $1,880,327 (2025), a CAGR of -2.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $38,481. 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 44% of market value ($818,060 land vs $1,062,267 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,880,327, 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 -2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,686,982 by 2030, with an estimated annual tax burden around $31,778. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 10,001 SF | ✗ |
| 1ST | 1st Floor | 2,568 SF | ✓ |
| 611 | TERRACE | 2,070 SF | ✗ |
| 501 | CANOPY | 420 SF | ✗ |
| 437 | FENCE MASON LF | 50 SF | ✗ |
| 435 | FENCE IRON LF | 24 SF | ✗ |
| 482 | LIGHT POLES | 9 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% | $17,396.79 | $17,396.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,853.23 | $9,853.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,067.12 | $7,067.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,219.22 | $2,219.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,944.26 | $1,944.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,480.62 | $38,480.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,902,760 | $1,880,327 | +1.2% |
| Assessed Value | $1,902,760 | $1,880,327 | +1.2% |
| Land Value | $818,060 | $818,060 | +0.0% |
| Improvement Value | $1,084,700 | $1,062,267 | +2.1% |
| Taxable Value | $1,902,760 | $1,880,327 | +1.2% |
| Total Tax 2026 = estimate |
~$38,940
Estimated
|
~$38,481
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,002,905 | $1,902,760 | -100,145 (-5.0%) |
| Taxable Value | $2,002,905 | $1,902,760 | -100,145 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,902,760 | $818,060 | $1,084,700 | — | $1,902,760 | $1,902,760 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,880,327 | $818,060 | $1,062,267 | — | $1,880,327 | $1,880,327 | ~$38,481 | Partial |
| 2024 | $1,845,000 | — | — | −$1,026,940 | $818,060 | $— | $37,991 | Verified |
| 2023 | $1,719,478 | — | — | −$901,418 | $818,060 | $— | $33,381 | Verified |
| 2022 | $1,783,078 | — | — | −$965,018 | $818,060 | $— | $33,958 | Verified |
| 2021 | $2,050,840 | — | — | −$1,232,780 | $818,060 | $— | $38,812 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | +3.9% | +3.9% | ~100% | 1.9800% | Verified |
| 2023 | +7.3% | +7.3% | ~100% | 1.8100% | Verified |
| 2022 | -3.6% | -3.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.2% | -1.3% | -2.4% | +7.3% | 2024 | -13.1% | 2022 |
| Assessment Ratio | 100.0% | 62.9% | — | 100.0% | 2025 | 39.9% | 2021 |
| 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 |
$38,481 | $36,525 | ~$34,376 | $38,812 | 2021 | $33,381 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,839,962 | ~$1,839,962 | ~2.0139% | ~$37,056 | -2.1% |
| 2027 | ~$1,800,463 | ~$1,800,463 | ~1.9814% | ~$35,674 | -4.2% |
| 2028 | ~$1,761,812 | ~$1,761,812 | ~1.9488% | ~$34,335 | -6.3% |
| 2029 | ~$1,723,991 | ~$1,723,991 | ~1.9163% | ~$33,037 | -8.3% |
| 2030 | ~$1,686,982 | ~$1,686,982 | ~1.8837% | ~$31,778 | -10.3% |
| 2026 | ~$1,802,355 | ~$1,802,355 | ~2.0465% | ~$36,885 | -4.1% |
| 2027 | ~$1,727,617 | ~$1,727,617 | ~2.0465% | ~$35,355 | -8.1% |
| 2028 | ~$1,655,977 | ~$1,655,977 | ~2.0465% | ~$33,889 | -11.9% |
| 2029 | ~$1,587,309 | ~$1,587,309 | ~2.0465% | ~$32,484 | -15.6% |
| 2030 | ~$1,521,487 | ~$1,521,487 | ~2.0465% | ~$31,137 | -19.1% |
| 2026 | ~$1,877,568 | ~$1,877,568 | ~1.9977% | ~$37,507 | -0.1% |
| 2027 | ~$1,874,814 | ~$1,874,814 | ~1.9488% | ~$36,537 | -0.3% |
| 2028 | ~$1,872,063 | ~$1,872,063 | ~1.9000% | ~$35,570 | -0.4% |
| 2029 | ~$1,869,316 | ~$1,869,316 | ~1.8512% | ~$34,605 | -0.6% |
| 2030 | ~$1,866,574 | ~$1,866,574 | ~1.8024% | ~$33,643 | -0.7% |
In 2025, this property's market value of $1,880,327 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% 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 | $1,880,327 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,845,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,719,478 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,783,078 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,050,840 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.