3031 WOODALL DR TX 78613
| Owner | OPTIMA VOTA TRUST & |
|---|---|
| Parcel ID | 0500400525 |
| Short ID | 467138 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,792 SF |
| Land SF | 21,257 SF |
| Acres | 0.488 |
| Year Built | 1988 |
| Legal | ABS 2276 SUR 78 SANCHEZ J G ACR 0.4870 |
| Neighborhood | 48FNW |
| Land | $106,286 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $106,286 |
| Improvement | $145,516 |
|---|---|
| Total Improvement | $145,516 |
| Market | $251,802 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $251,802 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $251,802 |
| Taxable Value | $251,802 |
|---|
Appreciation: Market value has risen +34.9% from $186,671 (2021) to $251,802 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0442% in 2025 (+0.0406% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,147. Leander ISD is the largest single contributor, at 53.2% 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 42% of market value ($106,286 land vs $145,516 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~38 yrs), and rent roll drive the underwriting.
Submarket Position: At $251,802, this parcel sits in the bottom quartile (<25th 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 $366,047 by 2030, with an estimated annual tax burden around $6,115. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,000 SF | ✗ |
| 1ST | 1st Floor | 1,792 SF | ✓ |
| 501 | CANOPY | 624 SF | ✗ |
| 611 | TERRACE | 80 SF | ✗ |
| 435 | FENCE IRON LF | 70 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $2,736.84 | $2,736.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $946.39 | $946.39 | Paid |
| CCP City of Cedar Park | 0.4320% | 0.3900% | 0.3700% | 0.3630% | 0.3600% | -0.0030% | $906.49 | $906.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $297.18 | $297.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $260.36 | $260.36 | Paid |
| Combined Rate | 2.3430% | 2.1802% | 1.9826% | 2.0036% | 2.0442% | +0.0406% | $5,147.26 | $5,147.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $263,470 | $251,802 | +4.6% |
| Assessed Value | $263,470 | $251,802 | +4.6% |
| Land Value | $106,286 | $106,286 | +0.0% |
| Improvement Value | $157,184 | $145,516 | +8.0% |
| Taxable Value | $263,470 | $251,802 | +4.6% |
| Total Tax 2026 = estimate |
~$5,386
Estimated
|
~$5,147
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $263,470 | $263,470 | +0 (+0.0%) |
| Taxable Value | $263,470 | $263,470 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $263,470 | $106,286 | $157,184 | — | $263,470 | $263,470 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $251,802 | $106,286 | $145,516 | — | $251,802 | $251,802 | ~$5,147 | Partial |
| 2024 | $257,599 | — | — | −$151,313 | $106,286 | $— | $5,072 | Verified |
| 2023 | $216,198 | — | — | −$109,912 | $106,286 | $— | $5,107 | Verified |
| 2022 | $188,192 | — | — | −$81,906 | $106,286 | $— | $4,714 | Verified |
| 2021 | $186,671 | — | — | −$101,816 | $84,855 | $— | $4,409 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | -1.7% | -1.7% | ~100% | 2.0000% | Verified |
| 2023 | +19.1% | +19.1% | ~100% | 1.9800% | Verified |
| 2022 | +14.9% | +14.9% | ~100% | 2.1800% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.6% | +7.4% | +6.8% | +19.1% | 2024 | -2.3% | 2025 |
| Assessment Ratio | 100.0% | 65.4% | — | 100.0% | 2025 | 41.3% | 2024 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,147 | $4,890 | ~$5,733 | $5,147 | 2025 | $4,409 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$271,366 | ~$271,366 | ~1.9695% | ~$5,344 | +7.8% |
| 2027 | ~$292,449 | ~$292,449 | ~1.8948% | ~$5,541 | +16.1% |
| 2028 | ~$315,171 | ~$315,171 | ~1.8201% | ~$5,736 | +25.2% |
| 2029 | ~$339,658 | ~$339,658 | ~1.7454% | ~$5,928 | +34.9% |
| 2030 | ~$366,047 | ~$366,047 | ~1.6707% | ~$6,115 | +45.4% |
| 2026 | ~$266,330 | ~$266,330 | ~2.0442% | ~$5,444 | +5.8% |
| 2027 | ~$281,695 | ~$281,695 | ~2.0442% | ~$5,758 | +11.9% |
| 2028 | ~$297,947 | ~$297,947 | ~2.0442% | ~$6,091 | +18.3% |
| 2029 | ~$315,137 | ~$315,137 | ~2.0442% | ~$6,442 | +25.2% |
| 2030 | ~$333,319 | ~$333,319 | ~2.0442% | ~$6,814 | +32.4% |
| 2026 | ~$276,402 | ~$276,402 | ~1.9321% | ~$5,340 | +9.8% |
| 2027 | ~$303,404 | ~$303,404 | ~1.8201% | ~$5,522 | +20.5% |
| 2028 | ~$333,045 | ~$333,045 | ~1.7080% | ~$5,688 | +32.3% |
| 2029 | ~$365,582 | ~$365,582 | ~1.5960% | ~$5,835 | +45.2% |
| 2030 | ~$401,297 | ~$401,297 | ~1.4839% | ~$5,955 | +59.4% |
In 2025, this property's market value of $251,802 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -82% 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 | $251,802 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $257,599 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $216,198 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $188,192 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $186,671 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.