9600 S INTERSTATE HY 35 TX 78748
| Owner | BVA SPM SPE LLC & SOUTHPARK MEADOWS SPE HL LLC |
|---|---|
| Parcel ID | 0434091404 |
| Short ID | 732314 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 379,168 SF |
| Land SF | 1,626,123 SF |
| Acres | 37.331 |
| Year Built | 2006 |
| Legal | LOT 12 BLK A SOUTHPARK MEADOWS SUBD |
| Neighborhood | 41SOU |
| Land | $16,261,230 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $16,261,230 |
| Improvement | $68,888,770 |
|---|---|
| Total Improvement | $68,888,770 |
| Market | $85,150,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $85,150,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $85,150,000 |
| Taxable Value | $85,150,000 |
|---|
Appreciation: Market value has fallen -15.0% from $100,220,000 (2021) to $85,150,000 (2025), a CAGR of -4.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $1,742,582. 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 19% of market value ($16,261,230 land vs $68,888,770 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $85,150,000, 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 -4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $69,458,031 by 2030, with an estimated annual tax burden around $1,308,410. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 586,785 SF | ✗ |
| 491 | SPRINKLER HEADS | 380,548 SF | ✗ |
| SO | Sketch Only | 380,380 SF | ✗ |
| 1ST | 1st Floor | 379,168 SF | ✓ |
| 611 | TERRACE | 43,497 SF | ✗ |
| 501 | CANOPY | 8,260 SF | ✗ |
| MEZZ | Mezzanine | 1,025 SF | ✓ |
| 273 | COLDSTG VAULT SM | 86 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 1 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $750,565.26 | $750,565.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $425,106.96 | $425,106.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $304,902.94 | $304,902.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $95,745.75 | $95,745.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $83,882.89 | $83,882.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,660,203.80 | $1,660,203.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $85,816,609 | $85,150,000 | +0.8% |
| Assessed Value | $85,816,609 | $85,150,000 | +0.8% |
| Land Value | $16,261,230 | $16,261,230 | +0.0% |
| Improvement Value | $69,555,379 | $68,888,770 | +1.0% |
| Taxable Value | $85,816,609 | $85,150,000 | +0.8% |
| Total Tax 2026 = estimate |
~$1,756,224
Estimated
|
~$1,660,204
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $85,816,609 | $85,816,609 | +0 (+0.0%) |
| Taxable Value | $85,816,609 | $85,816,609 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $85,816,609 | $16,261,230 | $69,555,379 | — | $85,816,609 | $85,816,609 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $85,150,000 | $16,261,230 | $68,888,770 | — | $85,150,000 | $85,150,000 | ~$1,660,204 | Partial |
| 2024 | $78,181,218 | — | — | — | — | $— | $1,575,542 | Verified |
| 2023 | $94,262,146 | — | — | — | — | $— | $1,414,491 | Verified |
| 2022 | $92,332,820 | — | — | — | — | $— | $1,869,480 | Verified |
| 2021 | $100,220,000 | — | — | −$89,650,200 | $10,569,800 | $— | $2,015,886 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | +7.1% | +7.1% | ~100% | Not available | Partial |
| 2024 | +1.7% | +1.7% | ~100% | 1.9800% | Verified |
| 2023 | -23.5% | -23.5% | ~100% | 1.8100% | Verified |
| 2022 | +4.2% | +4.2% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | -2.6% | -4.1% | +8.9% | 2025 | -17.1% | 2024 |
| Assessment Ratio | 100.0% | 70.2% | — | 100.0% | 2025 | 10.5% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,660,204 | $1,707,121 | ~$1,472,970 | $2,015,886 | 2021 | $1,414,491 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$81,750,838 | ~$81,750,838 | ~2.0139% | ~$1,646,410 | -4.0% |
| 2027 | ~$78,487,370 | ~$78,487,370 | ~1.9814% | ~$1,555,139 | -7.8% |
| 2028 | ~$75,354,179 | ~$75,354,179 | ~1.9488% | ~$1,468,532 | -11.5% |
| 2029 | ~$72,346,064 | ~$72,346,064 | ~1.9163% | ~$1,386,361 | -15.0% |
| 2030 | ~$69,458,031 | ~$69,458,031 | ~1.8837% | ~$1,308,410 | -18.4% |
| 2026 | ~$80,892,500 | ~$80,892,500 | ~2.0465% | ~$1,655,453 | -5.0% |
| 2027 | ~$76,847,875 | ~$76,847,875 | ~2.0465% | ~$1,572,680 | -9.8% |
| 2028 | ~$73,005,481 | ~$73,005,481 | ~2.0465% | ~$1,494,046 | -14.3% |
| 2029 | ~$69,355,207 | ~$69,355,207 | ~2.0465% | ~$1,419,344 | -18.5% |
| 2030 | ~$65,887,447 | ~$65,887,447 | ~2.0465% | ~$1,348,377 | -22.6% |
| 2026 | ~$83,453,838 | ~$83,453,838 | ~1.9977% | ~$1,667,126 | -2.0% |
| 2027 | ~$81,791,464 | ~$81,791,464 | ~1.9488% | ~$1,593,984 | -3.9% |
| 2028 | ~$80,162,203 | ~$80,162,203 | ~1.9000% | ~$1,523,095 | -5.9% |
| 2029 | ~$78,565,397 | ~$78,565,397 | ~1.8512% | ~$1,454,398 | -7.7% |
| 2030 | ~$77,000,399 | ~$77,000,399 | ~1.8024% | ~$1,387,833 | -9.6% |
In 2025, this property's market value of $85,150,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 60× 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 | $85,150,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $78,181,218 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $94,262,146 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $92,332,820 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $100,220,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.