9500 S INTERSTATE HY 35 TX 78748
| Owner | TARGET CORPORATION |
|---|---|
| Parcel ID | 0434110101 |
| Short ID | 732316 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 173,883 SF |
| Land SF | 509,342 SF |
| Acres | 11.693 |
| Year Built | 2007 |
| Legal | LOT 6 BLK A SOUTHPARK MEADOWS SUBD |
| Neighborhood | 41SOU |
| Land | $5,093,420 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,093,420 |
| Improvement | $10,106,580 |
|---|---|
| Total Improvement | $10,106,580 |
| Market | $15,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,200,000 |
| Taxable Value | $15,200,000 |
|---|
Appreciation: Market value has fallen -8.0% from $16,519,000 (2021) to $15,200,000 (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 (2024→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 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 $311,066. 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 34% of market value ($5,093,420 land vs $10,106,580 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,200,000, 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 -2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,698,354 by 2030, with an estimated annual tax burden around $258,042. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 281,200 SF | ✗ |
| 491 | SPRINKLER HEADS | 174,923 SF | ✗ |
| 1ST | 1st Floor | 173,883 SF | ✓ |
| 328 | MEZZ COMM (STG) | 1,040 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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% | $140,630.40 | $140,630.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $79,650.58 | $79,650.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $57,128.44 | $57,128.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,939.50 | $17,939.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,716.80 | $15,716.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $311,065.72 | $311,065.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,526,400 | $15,200,000 | +2.1% |
| Assessed Value | $15,526,400 | $15,200,000 | +2.1% |
| Land Value | $5,093,420 | $5,093,420 | +0.0% |
| Improvement Value | $10,432,980 | $10,106,580 | +3.2% |
| Taxable Value | $15,361,029 | $15,200,000 | +1.1% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$314,361
Estimated
|
~$311,066
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,526,400 | $15,526,400 | +0 (+0.0%) |
| Taxable Value | $15,361,029 | $15,361,029 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,526,400 | $5,093,420 | $10,432,980 | — | $15,526,400 | $15,361,029 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,200,000 | $5,093,420 | $10,106,580 | — | $15,200,000 | $15,200,000 | ~$311,066 | Partial |
| 2024 | $16,519,000 | — | — | −$11,425,580 | $5,093,420 | $— | $301,236 | Verified |
| 2023 | $16,519,000 | — | — | −$11,425,580 | $5,093,420 | $— | $298,870 | Verified |
| 2022 | $16,519,000 | — | — | −$11,934,922 | $4,584,078 | $— | $326,238 | Verified |
| 2021 | $16,519,000 | — | — | −$11,934,922 | $4,584,078 | $— | $332,238 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -8.0% | -8.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.1% | -1.2% | -2.5% | +2.1% | 2026 | -8.0% | 2025 |
| Assessment Ratio | 100.0% | 52.9% | — | 100.0% | 2025 | 27.8% | 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 |
$311,066 | $313,929 | ~$278,615 | $332,238 | 2021 | $298,870 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,887,047 | ~$14,887,047 | ~2.0139% | ~$299,816 | -2.1% |
| 2027 | ~$14,580,537 | ~$14,580,537 | ~1.9814% | ~$288,897 | -4.1% |
| 2028 | ~$14,280,337 | ~$14,280,337 | ~1.9488% | ~$278,301 | -6.1% |
| 2029 | ~$13,986,319 | ~$13,986,319 | ~1.9163% | ~$268,019 | -8.0% |
| 2030 | ~$13,698,354 | ~$13,698,354 | ~1.8837% | ~$258,042 | -9.9% |
| 2026 | ~$14,583,047 | ~$14,583,047 | ~2.0465% | ~$298,440 | -4.1% |
| 2027 | ~$13,991,135 | ~$13,991,135 | ~2.0465% | ~$286,326 | -8.0% |
| 2028 | ~$13,423,248 | ~$13,423,248 | ~2.0465% | ~$274,705 | -11.7% |
| 2029 | ~$12,878,411 | ~$12,878,411 | ~2.0465% | ~$263,555 | -15.3% |
| 2030 | ~$12,355,689 | ~$12,355,689 | ~2.0465% | ~$252,857 | -18.7% |
| 2026 | ~$15,191,047 | ~$15,191,047 | ~1.9977% | ~$303,466 | -0.1% |
| 2027 | ~$15,182,098 | ~$15,182,098 | ~1.9488% | ~$295,875 | -0.1% |
| 2028 | ~$15,173,155 | ~$15,173,155 | ~1.9000% | ~$288,292 | -0.2% |
| 2029 | ~$15,164,218 | ~$15,164,218 | ~1.8512% | ~$280,719 | -0.2% |
| 2030 | ~$15,155,286 | ~$15,155,286 | ~1.8024% | ~$273,155 | -0.3% |
In 2025, this property's market value of $15,200,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,519,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $16,519,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,519,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $16,519,000 | $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.