12717 JOHNSON LN TX 78652
| Owner | FRIENDS REAL ESTATE INC |
|---|---|
| Parcel ID | 0443280320 |
| Short ID | 588571 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 6,510 SF |
| Land SF | 399,097 SF |
| Acres | 9.162 |
| Year Built | 2020 |
| Legal | LOT 7 BLK A EXA PRESLAR SUBD |
| Neighborhood | 48SOU |
| Land | $3,192,774 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,192,774 |
| Improvement | $873,128 |
|---|---|
| Total Improvement | $873,128 |
| Market | $4,065,902 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,065,902 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,065,902 |
| Taxable Value | $4,065,902 |
|---|
Appreciation: Market value has risen +386.9% from $835,000 (2021) to $4,065,902 (2025), a CAGR of 48.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 1.6225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $65,968. Austin ISD is the largest single contributor, at 57.0% 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 79% of market value ($3,192,774 land vs $873,128 improvements), about $8/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 $4,065,902, 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 +48.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $29,409,995 by 2030, with an estimated annual tax burden around $96,975. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 33,000 SF | ✗ |
| 1ST | 1st Floor | 6,510 SF | ✓ |
| 501 | CANOPY | 2,625 SF | ✗ |
| 482 | LIGHT POLES | 8 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% | $33,769.80 | $33,769.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,718.34 | $13,718.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,307.84 | $4,307.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,774.10 | $3,774.10 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $3,650.00 | $3,650.00 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $59,220.08 | $59,220.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,383,465 | $4,065,902 | +7.8% |
| Assessed Value | $4,380,000 | $4,065,902 | +7.7% |
| Land Value | $3,192,774 | $3,192,774 | +0.0% |
| Improvement Value | $1,190,691 | $873,128 | +36.4% |
| Taxable Value | $4,380,000 | $4,065,902 | +7.7% |
| HS Cap Loss | -$3,465 | — | |
| Total Tax 2026 = estimate |
~$71,064
Estimated
|
~$59,220
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,383,465 | $4,383,465 | +0 (+0.0%) |
| Taxable Value | $4,380,000 | $4,380,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,383,465 | $3,192,774 | $1,190,691 | −$3,465 | $4,380,000 | $4,380,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,065,902 | $3,192,774 | $873,128 | — | $4,065,902 | $4,065,902 | ~$59,220 | Partial |
| 2024 | $2,900,000 | — | — | — | $3,192,774 ! | $— | $55,827 | Verified |
| 2023 | $2,694,000 | — | — | — | $3,192,774 ! | $— | $42,731 | Verified |
| 2022 | $2,694,000 | — | — | −$299,420 | $2,394,580 | $— | $43,538 | Verified |
| 2021 | $835,000 | — | — | — | $2,394,580 ! | $— | $47,378 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.8% | +7.7% | ~100% | Not available | Partial |
| 2025 | +7.4% | +16.8% | ~100% | Not available | Partial |
| 2024 | +18.5% | +8.9% | 91.9% | 1.4700% | Verified |
| 2023 | +14.1% | +14.1% | ~100% | 1.3400% | Verified |
| 2022 | -14.7% | -14.7% | ~100% | 1.5500% | Verified |
| 2021 | base year | — | ~100% | 5.6700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.8% | +55.6% | +46.4% | +222.6% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 99.9% | 134.0% | — | 286.8% | 2021 | 88.9% | 2022 |
| Effective Tax Rate (2025) | 1.4600% | 1.4600% | — | 1.4600% | 2025 | 1.4600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,220 | $49,739 | ~$83,672 | $59,220 | 2025 | $42,731 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,039,827 | ~$4,472,492 | ~1.5942% | ~$71,299 | +48.5% |
| 2027 | ~$8,972,059 | ~$4,919,741 | ~1.5659% | ~$77,036 | +120.7% |
| 2028 | ~$13,327,839 | ~$5,411,716 | ~1.5376% | ~$83,208 | +227.8% |
| 2029 | ~$19,798,274 | ~$5,952,887 | ~1.5093% | ~$89,844 | +386.9% |
| 2030 | ~$29,409,995 | ~$6,548,176 | ~1.4810% | ~$96,975 | +623.3% |
| 2026 | ~$5,958,509 | ~$4,472,492 | ~1.6225% | ~$72,565 | +46.5% |
| 2027 | ~$8,732,092 | ~$4,919,741 | ~1.6225% | ~$79,821 | +114.8% |
| 2028 | ~$12,796,730 | ~$5,411,716 | ~1.6225% | ~$87,803 | +214.7% |
| 2029 | ~$18,753,388 | ~$5,952,887 | ~1.6225% | ~$96,584 | +361.2% |
| 2030 | ~$27,482,766 | ~$6,548,176 | ~1.6225% | ~$106,242 | +575.9% |
| 2026 | ~$6,121,145 | ~$4,472,492 | ~1.5800% | ~$70,666 | +50.5% |
| 2027 | ~$9,215,278 | ~$4,919,741 | ~1.5376% | ~$75,644 | +126.6% |
| 2028 | ~$13,873,443 | ~$5,411,716 | ~1.4951% | ~$80,911 | +241.2% |
| 2029 | ~$20,886,228 | ~$5,952,887 | ~1.4527% | ~$86,475 | +413.7% |
| 2030 | ~$31,443,856 | ~$6,548,176 | ~1.4102% | ~$92,342 | +673.4% |
In 2025, this property's market value of $4,065,902 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +187% 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 | $4,065,902 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,694,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,694,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $835,000 | $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.