408 WALSH ST TX 78703
| Owner | OGDEN STEVEN D |
|---|---|
| Parcel ID | 0108031607 |
| Short ID | 106867 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 7,200 SF |
| Acres | 0.165 |
| Year Built | — |
| Legal | 60X120 FT OF LOT 4&5 BLK 2 OLT 1 DIV Z DUVAL SUBD |
| Neighborhood | 1CBD2 |
| Land | $1,800,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,800,000 |
| Improvement | $6,350 |
|---|---|
| Total Improvement | $6,350 |
| Market | $1,806,350 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,806,350 |
| Value Limitation Adjustment (−) (homestead cap) | −$366,350 |
| Net Appraised (assessed) | $1,440,000 |
| Taxable Value | $1,440,000 |
|---|
Appreciation: Market value has risen +100.5% from $901,000 (2021) to $1,806,350 (2025), a CAGR of 19.0% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $29,469. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,440,000) is $366,350 below market value, suggesting potential for an upward assessment in future years.
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 100% of market value ($1,800,000 land vs $6,350 improvements), about $250/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 $1,806,350, this parcel sits in the upper-middle (50th–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 +19.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,309,216 by 2030, with an estimated annual tax burden around $43,687. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,200 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% | $13,322.88 | $13,322.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,545.84 | $7,545.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,412.17 | $5,412.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,699.53 | $1,699.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,488.96 | $1,488.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,469.38 | $29,469.38 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $13,322.88 | 45.2% |
| CAT City of Austin | 0.5240% | $7,545.84 | 25.6% |
| TCO Travis County | 0.3758% | $5,412.17 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,699.53 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,488.96 | 5.1% |
| Total | 2.0465% | $29,469.38 | 100.0% |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $1,806,350 | — |
| Assessed Value | — | $1,440,000 | — |
| Land Value | — | $1,800,000 | — |
| Improvement Value | — | $6,350 | — |
| Taxable Value | — | $1,440,000 | — |
| Total Tax | Pending certification |
~$29,469
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,806,350 | $1,800,000 | $6,350 | −$366,350 | $1,440,000 | $1,440,000 | ~$29,469 | Partial |
| 2024 | $1,806,350 | $1,800,000 | $6,350 | −$606,350 | $1,200,000 | $1,200,000 | $23,782 | Verified |
| 2023 | $1,000,000 | $1,080,000 | — | — | $1,000,000 | $1,000,000 | $18,092 | Verified |
| 2022 | $1,096,801 | $1,080,000 | $16,801 | — | $1,096,801 | $1,096,801 | $17,794 | Verified |
| 2021 | $901,000 | $900,000 | $1,000 | — | $901,000 | $901,000 | $19,612 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +0.0% | +20.0% | 79.7% | Not available | Partial |
| 2024 | +80.6% ! | +20.0% | 66.4% | No billing data | Verified |
| 2023 | -8.8% | -8.8% | ~100% | No billing data | Verified |
| 2022 | +21.7% | +21.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +100.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +23.4% | +19.0% | +80.6% | 2024 | -8.8% | 2023 |
| Assessment Ratio | 79.7% | 89.2% | — | 100.0% | 2021 | 66.4% | 2024 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,469 | $21,750 | ~$37,573 | $29,469 | 2025 | $17,794 | 2022 |
Market value changed by 81% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,149,419 | ~$1,584,000 | ~2.0139% | ~$31,901 | +19.0% |
| 2027 | ~$2,557,646 | ~$1,742,400 | ~1.9814% | ~$34,524 | +41.6% |
| 2028 | ~$3,043,405 | ~$1,916,640 | ~1.9488% | ~$37,352 | +68.5% |
| 2029 | ~$3,621,421 | ~$2,108,304 | ~1.9163% | ~$40,401 | +100.5% |
| 2030 | ~$4,309,216 | ~$2,319,134 | ~1.8837% | ~$43,687 | +138.6% |
| 2026 | ~$2,113,292 | ~$1,584,000 | ~2.0465% | ~$32,416 | +17.0% |
| 2027 | ~$2,472,392 | ~$1,742,400 | ~2.0465% | ~$35,658 | +36.9% |
| 2028 | ~$2,892,511 | ~$1,916,640 | ~2.0465% | ~$39,224 | +60.1% |
| 2029 | ~$3,384,018 | ~$2,108,304 | ~2.0465% | ~$43,146 | +87.3% |
| 2030 | ~$3,959,045 | ~$2,319,134 | ~2.0465% | ~$47,461 | +119.2% |
| 2026 | ~$2,185,546 | ~$1,584,000 | ~1.9977% | ~$31,643 | +21.0% |
| 2027 | ~$2,644,345 | ~$1,742,400 | ~1.9488% | ~$33,957 | +46.4% |
| 2028 | ~$3,199,457 | ~$1,916,640 | ~1.9000% | ~$36,416 | +77.1% |
| 2029 | ~$3,871,101 | ~$2,108,304 | ~1.8512% | ~$39,029 | +114.3% |
| 2030 | ~$4,683,738 | ~$2,319,134 | ~1.8024% | ~$41,799 | +159.3% |
In 2025, this property's market value of $1,806,350 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +31% above 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 | $1,806,350 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,806,350 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $1,096,801 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $901,000 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 |
| 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 | — |