700 E 4 ST TX 78701
| Owner | BREAD & CIRCUS LLC |
|---|---|
| Parcel ID | 0204041907 |
| Short ID | 191635 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,268 SF |
| Land SF | 8,832 SF |
| Acres | 0.203 |
| Year Built | 1936 |
| Legal | LOT 1 BLOCK 037 ORIGINAL CITY |
| Neighborhood | 96EVNT |
| Land | $5,299,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,299,200 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,229,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,229,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,229,000 |
| Taxable Value | $3,229,000 |
|---|
Appreciation: Market value has risen +156.8% from $1,257,173 (2021) to $3,229,000 (2025), a CAGR of 26.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $66,081. Austin ISD is the largest single contributor, at 43.5% 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 164% of market value ($5,299,200 land vs $0 improvements), about $600/SF of land. With value concentrated in the land under a ~90-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 $3,229,000, 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 +12.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,126,175 by 2031, with an estimated annual tax burden around $77,727. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,268 SF | ✓ |
| 511 | DECK | 1,908 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% | $29,874.71 | $29,874.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,920.51 | $16,920.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,136.04 | $12,136.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,810.96 | $3,810.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,338.79 | $3,338.79 | Paid |
| P2U | — | — | — | — | — | — | $2,524.33 | $2,524.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $68,605.34 | $68,605.34 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $29,874.71 | 43.5% |
| CAT City of Austin | 0.5240% | $16,920.51 | 24.7% |
| TCO Travis County | 0.3758% | $12,136.04 | 17.7% |
| THD Travis Central Health | 0.1180% | $3,810.96 | 5.6% |
| ACT Austin Community College | 0.1034% | $3,338.79 | 4.9% |
| P2U | — | $2,524.33 | 3.7% |
| Total | 2.0465% 5 of 6 | $68,605.34 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,277,568 | $3,229,000 | -29.5% |
| Assessed Value | $2,277,568 | $3,229,000 | -29.5% |
| Land Value | $2,208,000 | $5,299,200 | -58.3% |
| Improvement Value | $69,568 | — | — |
| Taxable Value | $2,277,568 | $3,229,000 | -29.5% |
| Total Tax 2026 = estimate |
~$46,610
Estimated
|
~$68,605
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,277,568 | $2,208,000 | $69,568 | — | $2,277,568 | $2,277,568 | Not yet — post-cert | Preliminary |
| 2025 | $3,229,000 | $5,299,200 | — | — | $3,229,000 | $3,229,000 | ~$68,605 | Partial |
| 2024 | $3,229,000 | $5,299,200 | — | — | $3,229,000 | $3,229,000 | $66,517 | Verified |
| 2023 | $4,416,001 | $6,182,400 | — | — | $4,416,001 | $4,416,001 | $59,789 | Verified |
| 2022 | $2,000,000 | $3,091,200 | — | — | $2,000,000 | $2,000,000 | $40,998 | Verified |
| 2021 | $1,257,173 | $1,257,172 | $1 | — | $1,257,173 | $1,257,173 | $28,122 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -29.5% | -29.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -26.9% | -26.9% | ~100% | No billing data | Verified |
| 2023 | +120.8% ! | +120.8% | ~100% | No billing data | Verified |
| 2022 | +59.1% | +59.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +156.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.5% | +24.7% | +12.6% | +120.8% | 2023 | -29.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$68,605 | $52,806 | ~$64,046 | $68,605 | 2025 | $28,122 | 2021 |
Market value changed by 121% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,564,996 | ~$2,564,996 | ~2.0139% | ~$51,657 | +12.6% |
| 2028 | ~$2,888,696 | ~$2,888,696 | ~1.9814% | ~$57,236 | +26.8% |
| 2029 | ~$3,253,248 | ~$3,253,248 | ~1.9488% | ~$63,401 | +42.8% |
| 2030 | ~$3,663,805 | ~$3,663,805 | ~1.9163% | ~$70,209 | +60.9% |
| 2031 | ~$4,126,175 | ~$4,126,175 | ~1.8837% | ~$77,727 | +81.2% |
| 2027 | ~$2,519,444 | ~$2,519,444 | ~2.0465% | ~$51,560 | +10.6% |
| 2028 | ~$2,787,007 | ~$2,787,007 | ~2.0465% | ~$57,036 | +22.4% |
| 2029 | ~$3,082,986 | ~$3,082,986 | ~2.0465% | ~$63,093 | +35.4% |
| 2030 | ~$3,410,397 | ~$3,410,397 | ~2.0465% | ~$69,793 | +49.7% |
| 2031 | ~$3,772,579 | ~$3,772,579 | ~2.0465% | ~$77,205 | +65.6% |
| 2027 | ~$2,610,547 | ~$2,610,547 | ~1.9977% | ~$52,150 | +14.6% |
| 2028 | ~$2,992,207 | ~$2,992,207 | ~1.9488% | ~$58,313 | +31.4% |
| 2029 | ~$3,429,666 | ~$3,429,666 | ~1.9000% | ~$65,164 | +50.6% |
| 2030 | ~$3,931,081 | ~$3,931,081 | ~1.8512% | ~$72,772 | +72.6% |
| 2031 | ~$4,505,802 | ~$4,505,802 | ~1.8024% | ~$81,211 | +97.8% |
In 2025, this property's market value of $3,229,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +133% 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 | $3,229,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $3,229,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $4,416,001 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $2,000,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,257,173 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 |
| 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 | — |