1011 W 5 ST TX 78703
| Owner | FIFTH & BAYLOR LTD |
|---|---|
| Parcel ID | 0108010711 |
| Short ID | 106562 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 69,975 SF |
| Land SF | 60,104 SF |
| Acres | 1.380 |
| Year Built | 2008 |
| Legal | PART OF LOT 5-8 BLK 3 OLT 11 DIV Z RAYMONDS PLATEAU & LOTS 1-4 HORNADY RESUB |
| Neighborhood | 51CBD |
| Land | $15,026,023 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,026,023 |
| Improvement | $18,718,656 |
|---|---|
| Total Improvement | $18,718,656 |
| Market | $33,744,679 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $33,744,679 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $33,744,679 |
| Taxable Value | $33,744,679 |
|---|
Appreciation: Market value has fallen -25.8% from $45,503,600 (2021) to $33,744,679 (2025), a CAGR of -7.2% 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 +17.8%, 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 $690,580. 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 45% of market value ($15,026,023 land vs $18,718,656 improvements), about $250/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $33,744,679, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 -5.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $25,203,974 by 2031, with an estimated annual tax burden around $474,778. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 107,942 SF | ✓ |
| 1ST | 1st Floor | 34,321 SF | ✓ |
| 2ND | 2nd Floor | 17,827 SF | ✓ |
| 3RD | 3rd Floor | 17,827 SF | ✓ |
| 4TH | 4th Floor | 17,827 SF | ✓ |
| BELOW | Below | 4,263 SF | ✓ |
| 501 | CANOPY | 3,269 SF | ✗ |
| 611 | TERRACE | 392 SF | ✗ |
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.
| 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% | $312,205.77 | $312,205.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $176,827.85 | $176,827.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $126,827.69 | $126,827.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $39,826.48 | $39,826.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $34,892.00 | $34,892.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $690,579.79 | $690,579.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $312,205.77 | 45.2% |
| CAT City of Austin | 0.5240% | $176,827.85 | 25.6% |
| TCO Travis County | 0.3758% | $126,827.69 | 18.4% |
| THD Travis Central Health | 0.1180% | $39,826.48 | 5.8% |
| ACT Austin Community College | 0.1034% | $34,892.00 | 5.1% |
| Total | 2.0465% | $690,579.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $33,865,492 | $33,744,679 | +0.4% |
| Assessed Value | $33,865,492 | $33,744,679 | +0.4% |
| Land Value | $15,026,023 | $15,026,023 | +0.0% |
| Improvement Value | $18,839,469 | $18,718,656 | +0.6% |
| Taxable Value | $33,865,492 | $33,744,679 | +0.4% |
| Total Tax 2026 = estimate |
~$693,052
Estimated
|
~$690,580
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $33,865,492 | $15,026,023 | $18,839,469 | — | $33,865,492 | $33,865,492 | Not yet — post-cert | Preliminary |
| 2025 | $33,744,679 | $15,026,023 | $18,718,656 | — | $33,744,679 | $33,744,679 | ~$690,580 | Partial |
| 2024 | $34,825,742 | $15,026,023 | $19,799,719 | — | $34,825,742 | $34,825,742 | $690,181 | Verified |
| 2023 | $43,174,344 | $12,020,818 | $31,153,526 | — | $43,174,344 | $43,174,344 | $781,131 | Verified |
| 2022 | $47,466,150 | $12,020,818 | $35,445,332 | — | $47,466,150 | $47,466,150 | $937,420 | Verified |
| 2021 | $45,503,600 | $9,015,614 | $36,487,986 | — | $45,503,600 | $45,503,600 | $990,467 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | -19.3% | -19.3% | ~100% | No billing data | Verified |
| 2023 | -9.0% | -9.0% | ~100% | No billing data | Verified |
| 2022 | +4.3% | +4.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -5.3% | -5.7% | +4.3% | 2022 | -19.3% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$690,580 | $817,956 | ~$555,815 | $990,467 | 2021 | $690,181 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$31,922,707 | ~$31,922,707 | ~2.0139% | ~$642,903 | -5.7% |
| 2028 | ~$30,091,376 | ~$30,091,376 | ~1.9814% | ~$596,227 | -11.1% |
| 2029 | ~$28,365,103 | ~$28,365,103 | ~1.9488% | ~$552,790 | -16.2% |
| 2030 | ~$26,737,863 | ~$26,737,863 | ~1.9163% | ~$512,375 | -21.0% |
| 2031 | ~$25,203,974 | ~$25,203,974 | ~1.8837% | ~$474,778 | -25.6% |
| 2027 | ~$32,172,217 | ~$32,172,217 | ~2.0465% | ~$658,400 | -5.0% |
| 2028 | ~$30,563,607 | ~$30,563,607 | ~2.0465% | ~$625,480 | -9.7% |
| 2029 | ~$29,035,426 | ~$29,035,426 | ~2.0465% | ~$594,206 | -14.3% |
| 2030 | ~$27,583,655 | ~$27,583,655 | ~2.0465% | ~$564,495 | -18.5% |
| 2031 | ~$26,204,472 | ~$26,204,472 | ~2.0465% | ~$536,271 | -22.6% |
| 2027 | ~$32,600,017 | ~$32,600,017 | ~1.9977% | ~$651,238 | -3.7% |
| 2028 | ~$31,381,830 | ~$31,381,830 | ~1.9488% | ~$611,581 | -7.3% |
| 2029 | ~$30,209,164 | ~$30,209,164 | ~1.9000% | ~$573,979 | -10.8% |
| 2030 | ~$29,080,318 | ~$29,080,318 | ~1.8512% | ~$538,333 | -14.1% |
| 2031 | ~$27,993,654 | ~$27,993,654 | ~1.8024% | ~$504,550 | -17.3% |
In 2025, this property's market value of $33,744,679 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 24× the county median of $1,382,921. 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 | $33,744,679 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $34,825,742 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $43,174,344 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $47,466,150 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $45,503,600 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |