1321 W 5 ST TX 78703
| Owner | PS LPT PROPERTIES INVESTORS |
|---|---|
| Parcel ID | 0108031201 |
| Short ID | 106805 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 86,108 SF |
| Land SF | 87,406 SF |
| Acres | 2.007 |
| Year Built | 1996 |
| Legal | 2.0066 AC OF OLT 1 DIVISION Z |
| Neighborhood | 63CBD |
| Land | $21,851,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $21,851,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $21,252,620 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,252,620 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,252,620 |
| Taxable Value | $21,252,620 |
|---|
Appreciation: Market value has risen +38.3% from $15,362,890 (2021) to $21,252,620 (2025), a CAGR of 8.5% 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 +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 $434,932. 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 103% of market value ($21,851,500 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~30-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $21,252,620, 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 +0.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,862,973 by 2031, with an estimated annual tax burden around $317,655. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 86,108 SF | ✗ |
| 093 | HVAC COMMRCL SF | 82,791 SF | ✗ |
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 2ND | 2nd Floor | 37,435 SF | ✓ |
| 1ST | 1st Floor | 37,123 SF | ✓ |
| 3RD | 3rd Floor | 11,550 SF | ✓ |
| 501 | CANOPY | 1,107 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,000 SF | ✗ |
| 541 | FENCE COMM LF | 870 SF | ✗ |
| 273 | COLDSTG VAULT SM | 495 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 225 SF | ✓ |
| 611 | TERRACE | 212 SF | ✗ |
| 435 | FENCE IRON LF | 150 SF | ✗ |
| 437 | FENCE MASON LF | 37 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% | $196,629.24 | $196,629.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $111,367.34 | $111,367.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $79,876.91 | $79,876.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $25,082.98 | $25,082.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,975.21 | $21,975.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $434,931.68 | $434,931.68 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $196,629.24 | 45.2% |
| CAT City of Austin | 0.5240% | $111,367.34 | 25.6% |
| TCO Travis County | 0.3758% | $79,876.91 | 18.4% |
| THD Travis Central Health | 0.1180% | $25,082.98 | 5.8% |
| ACT Austin Community College | 0.1034% | $21,975.21 | 5.1% |
| Total | 2.0465% | $434,931.68 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,095,465 | $21,252,620 | -24.3% |
| Assessed Value | $16,095,465 | $21,252,620 | -24.3% |
| Land Value | $21,851,500 | $21,851,500 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $16,095,465 | $21,252,620 | -24.3% |
| Total Tax 2026 = estimate |
~$329,391
Estimated
|
~$434,932
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $16,095,465 | $21,851,500 | — | — | $16,095,465 | $16,095,465 | Not yet — post-cert | Preliminary |
| 2025 | $21,252,620 | $21,851,500 | — | — | $21,252,620 | $21,252,620 | ~$434,932 | Partial |
| 2024 | $21,770,090 | $21,851,500 | — | — | $21,770,090 | $21,770,090 | $402,785 | Verified |
| 2023 | $21,132,265 | $17,481,200 | $3,651,065 | — | $21,132,265 | $21,132,265 | $356,123 | Verified |
| 2022 | $18,634,106 | $17,481,200 | $1,152,906 | — | $18,634,106 | $18,634,106 | $307,330 | Verified |
| 2021 | $15,362,890 | $13,110,900 | $2,251,990 | — | $15,362,890 | $15,362,890 | $320,667 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -24.3% | -24.3% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | No billing data | Verified |
| 2023 | +13.4% | +13.4% | ~100% | No billing data | Verified |
| 2022 | +21.3% | +21.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.3% | +2.2% | +0.9% | +21.3% | 2022 | -24.3% | 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 |
$434,932 | $364,367 | ~$322,493 | $434,932 | 2025 | $307,330 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$16,246,120 | ~$16,246,120 | ~2.0139% | ~$327,187 | +0.9% |
| 2028 | ~$16,398,185 | ~$16,398,185 | ~1.9814% | ~$324,912 | +1.9% |
| 2029 | ~$16,551,673 | ~$16,551,673 | ~1.9488% | ~$322,566 | +2.8% |
| 2030 | ~$16,706,598 | ~$16,706,598 | ~1.9163% | ~$320,147 | +3.8% |
| 2031 | ~$16,862,973 | ~$16,862,973 | ~1.8837% | ~$317,655 | +4.8% |
| 2027 | ~$15,924,210 | ~$15,924,210 | ~2.0465% | ~$325,887 | -1.1% |
| 2028 | ~$15,754,778 | ~$15,754,778 | ~2.0465% | ~$322,419 | -2.1% |
| 2029 | ~$15,587,148 | ~$15,587,148 | ~2.0465% | ~$318,989 | -3.2% |
| 2030 | ~$15,421,302 | ~$15,421,302 | ~2.0465% | ~$315,595 | -4.2% |
| 2031 | ~$15,257,221 | ~$15,257,221 | ~2.0465% | ~$312,237 | -5.2% |
| 2027 | ~$16,568,029 | ~$16,568,029 | ~1.9977% | ~$330,973 | +2.9% |
| 2028 | ~$17,054,468 | ~$17,054,468 | ~1.9488% | ~$332,364 | +6.0% |
| 2029 | ~$17,555,188 | ~$17,555,188 | ~1.9000% | ~$333,552 | +9.1% |
| 2030 | ~$18,070,610 | ~$18,070,610 | ~1.8512% | ~$334,522 | +12.3% |
| 2031 | ~$18,601,164 | ~$18,601,164 | ~1.8024% | ~$335,262 | +15.6% |
In 2025, this property's market value of $21,252,620 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 15× 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 | $21,252,620 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $21,770,090 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $21,132,265 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $18,634,106 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $15,362,890 | $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 | — |