21024 W STATE HY 71 TX 78669
| Owner | TAYLOR-SMARTT LLC |
|---|---|
| Parcel ID | 0534060572 |
| Short ID | 447997 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 4,850 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 2007 |
| Legal | LOT 1 BLK A 71 WEST BUSINESS PARK |
| Neighborhood | 48SWE |
| Land | $217,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $217,800 |
| Improvement | $871,886 |
|---|---|
| Total Improvement | $871,886 |
| Market | $1,089,686 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,089,686 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,089,686 |
| Taxable Value | $1,089,686 |
|---|
Appreciation: Market value has risen +26.9% from $859,000 (2021) to $1,089,686 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. 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 1.7041% in 2025 (+0.0281% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $18,569. Lake Travis ISD is the largest single contributor, at 61.0% 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 20% of market value ($217,800 land vs $871,886 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,089,686, this parcel sits in the lower-middle (25th–50th 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,467,022 by 2030, with an estimated annual tax burden around $21,695. 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 | 28,000 SF | ✗ |
| 1ST | 1st Floor | 4,850 SF | ✓ |
| 501 | CANOPY | 3,860 SF | ✗ |
| 511 | DECK | 970 SF | ✗ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 482 | LIGHT POLES | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $9,193.44 | $9,193.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,323.37 | $3,323.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,043.61 | $1,043.61 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $822.48 | $822.48 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $685.29 | $685.29 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $15,068.19 | $15,068.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $899,532 | $1,089,686 | -17.5% |
| Assessed Value | $899,532 | $1,089,686 | -17.5% |
| Land Value | $217,800 | $217,800 | +0.0% |
| Improvement Value | $681,732 | $871,886 | -21.8% |
| Taxable Value | $899,532 | $1,089,686 | -17.5% |
| Total Tax 2026 = estimate |
~$15,329
Estimated
|
~$15,068
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,136,136 | $899,532 | -236,604 (-20.8%) |
| Taxable Value | $1,061,088 | $899,532 | -161,556 (-15.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $899,532 | $217,800 | $681,732 | — | $899,532 | $899,532 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,089,686 | $217,800 | $871,886 | — | $1,089,686 | $1,089,686 | ~$15,068 | Partial |
| 2024 | $1,000,000 | — | — | −$782,200 | $217,800 | $— | $750 | Verified |
| 2023 | $849,632 | — | — | −$631,832 | $217,800 | $— | $16,334 | Verified |
| 2022 | $866,260 | — | — | −$648,460 | $217,800 | $— | $15,141 | Verified |
| 2021 | $859,000 | — | — | −$641,200 | $217,800 | $— | $16,323 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.3% | -2.6% | 93.4% | Not available | Partial |
| 2025 | +9.0% | +9.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 0.0800% | Verified |
| 2023 | +17.7% | +17.7% | ~100% | 1.6300% | Verified |
| 2022 | -1.9% | -1.9% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.5% | +1.6% | +10.6% | +17.7% | 2024 | -17.5% | 2026 |
| Assessment Ratio | 100.0% | 49.6% | — | 100.0% | 2025 | 21.8% | 2024 |
| Effective Tax Rate (2025) | 1.3800% | 1.3800% | — | 1.3800% | 2025 | 1.3800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,068 | $12,723 | ~$20,438 | $16,334 | 2023 | $750 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,156,454 | ~$1,156,454 | ~1.6590% | ~$19,186 | +6.1% |
| 2027 | ~$1,227,313 | ~$1,227,313 | ~1.6140% | ~$19,809 | +12.6% |
| 2028 | ~$1,302,514 | ~$1,302,514 | ~1.5689% | ~$20,436 | +19.5% |
| 2029 | ~$1,382,323 | ~$1,382,323 | ~1.5239% | ~$21,065 | +26.9% |
| 2030 | ~$1,467,022 | ~$1,467,022 | ~1.4788% | ~$21,695 | +34.6% |
| 2026 | ~$1,134,660 | ~$1,134,660 | ~1.7041% | ~$19,336 | +4.1% |
| 2027 | ~$1,181,491 | ~$1,181,491 | ~1.7041% | ~$20,134 | +8.4% |
| 2028 | ~$1,230,255 | ~$1,230,255 | ~1.7041% | ~$20,965 | +12.9% |
| 2029 | ~$1,281,031 | ~$1,281,031 | ~1.7041% | ~$21,830 | +17.6% |
| 2030 | ~$1,333,902 | ~$1,333,902 | ~1.7041% | ~$22,731 | +22.4% |
| 2026 | ~$1,178,248 | ~$1,178,248 | ~1.6365% | ~$19,282 | +8.1% |
| 2027 | ~$1,274,007 | ~$1,274,007 | ~1.5689% | ~$19,988 | +16.9% |
| 2028 | ~$1,377,550 | ~$1,377,550 | ~1.5014% | ~$20,682 | +26.4% |
| 2029 | ~$1,489,507 | ~$1,489,507 | ~1.4338% | ~$21,356 | +36.7% |
| 2030 | ~$1,610,563 | ~$1,610,563 | ~1.3662% | ~$22,004 | +47.8% |
In 2025, this property's market value of $1,089,686 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -23% 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 | $1,089,686 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $849,632 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $866,260 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $859,000 | $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.