1515 W 5 ST TX 78703
| Owner | 1515 W 5TH JV LLC |
|---|---|
| Parcel ID | 0108030101 |
| Short ID | 106588 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 30,244 SF |
| Land SF | 100,666 SF |
| Acres | 2.311 |
| Year Built | 1997 |
| Legal | LOT 1&2 ROYATEX SUBD |
| Neighborhood | 80CEN |
| Land | $20,133,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,133,200 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $19,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,000,000 |
| Taxable Value | $19,000,000 |
|---|
Appreciation: Market value has risen +39.6% from $13,612,019 (2021) to $19,000,000 (2025), a CAGR of 8.7% 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 +17.8%, so this parcel has outpaced 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 $388,832. 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 106% of market value ($20,133,200 land vs $0 improvements), about $200/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 $19,000,000, 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 +6.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $26,520,680 by 2031, with an estimated annual tax burden around $499,581. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 35,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 34,265 SF | ✗ |
| 1ST | 1st Floor | 30,244 SF | ✓ |
| 187 | PARKING GARAGE | 21,702 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,700 SF | ✗ |
| 328 | MEZZ COMM (STG) | 4,020 SF | ✓ |
| 408 | LOADING RAMP | 1,200 SF | ✓ |
| 541 | FENCE COMM LF | 945 SF | ✗ |
| 611 | TERRACE | 800 SF | ✗ |
| 501 | CANOPY | 142 SF | ✗ |
| 435 | FENCE IRON LF | 80 SF | ✗ |
| 482 | LIGHT POLES | 11 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% | $175,788.00 | $175,788.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $99,563.23 | $99,563.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $71,410.55 | $71,410.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,424.37 | $22,424.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,646.00 | $19,646.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $388,832.15 | $388,832.15 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $175,788.00 | 45.2% |
| CAT City of Austin | 0.5240% | $99,563.23 | 25.6% |
| TCO Travis County | 0.3758% | $71,410.55 | 18.4% |
| THD Travis Central Health | 0.1180% | $22,424.37 | 5.8% |
| ACT Austin Community College | 0.1034% | $19,646.00 | 5.1% |
| Total | 2.0465% | $388,832.15 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,000,000 | $19,000,000 | +0.0% |
| Assessed Value | $19,000,000 | $19,000,000 | +0.0% |
| Land Value | $20,133,200 | $20,133,200 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $19,000,000 | $19,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$388,832
Estimated
|
~$388,832
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $19,000,000 | $20,133,200 | — | — | $19,000,000 | $19,000,000 | Not yet — post-cert | Preliminary |
| 2025 | $19,000,000 | $20,133,200 | — | — | $19,000,000 | $19,000,000 | ~$388,832 | Partial |
| 2024 | $18,500,000 | $19,126,540 | — | — | $18,500,000 | $18,500,000 | $366,636 | Verified |
| 2023 | $17,885,900 | $15,301,232 | $2,584,668 | — | $17,885,900 | $17,885,900 | $323,600 | Verified |
| 2022 | $14,989,130 | $15,301,232 | — | — | $14,989,130 | $14,989,130 | $296,024 | Verified |
| 2021 | $13,612,019 | $11,475,924 | $2,136,095 | — | $13,612,019 | $13,612,019 | $296,290 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | No billing data | Verified |
| 2023 | +19.3% | +19.3% | ~100% | No billing data | Verified |
| 2022 | +10.1% | +10.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.1% | +6.9% | +19.3% | 2023 | +0.0% | 2026 |
| 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 |
$388,832 | $334,276 | ~$453,306 | $388,832 | 2025 | $296,024 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$20,310,462 | ~$20,310,462 | ~2.0139% | ~$409,040 | +6.9% |
| 2028 | ~$21,711,310 | ~$21,711,310 | ~1.9814% | ~$430,185 | +14.3% |
| 2029 | ~$23,208,776 | ~$23,208,776 | ~1.9488% | ~$452,302 | +22.2% |
| 2030 | ~$24,809,525 | ~$24,809,525 | ~1.9163% | ~$475,423 | +30.6% |
| 2031 | ~$26,520,680 | ~$26,520,680 | ~1.8837% | ~$499,581 | +39.6% |
| 2027 | ~$19,930,462 | ~$19,930,462 | ~2.0465% | ~$407,874 | +4.9% |
| 2028 | ~$20,906,491 | ~$20,906,491 | ~2.0465% | ~$427,848 | +10.0% |
| 2029 | ~$21,930,318 | ~$21,930,318 | ~2.0465% | ~$448,801 | +15.4% |
| 2030 | ~$23,004,283 | ~$23,004,283 | ~2.0465% | ~$470,779 | +21.1% |
| 2031 | ~$24,130,842 | ~$24,130,842 | ~2.0465% | ~$493,834 | +27.0% |
| 2027 | ~$20,690,462 | ~$20,690,462 | ~1.9977% | ~$413,326 | +8.9% |
| 2028 | ~$22,531,328 | ~$22,531,328 | ~1.9488% | ~$439,099 | +18.6% |
| 2029 | ~$24,535,979 | ~$24,535,979 | ~1.9000% | ~$466,188 | +29.1% |
| 2030 | ~$26,718,987 | ~$26,718,987 | ~1.8512% | ~$494,620 | +40.6% |
| 2031 | ~$29,096,221 | ~$29,096,221 | ~1.8024% | ~$524,422 | +53.1% |
In 2025, this property's market value of $19,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 14× 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 | $19,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $18,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $17,885,900 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $14,989,130 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $13,612,019 | $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 | — |