1209 E 4 ST TX 78702
| Owner | 4TH & WALLER OWNER LLC |
|---|---|
| Parcel ID | 0204060316 |
| Short ID | 191805 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 93,000 SF |
| Land SF | 38,707 SF |
| Acres | 0.889 |
| Year Built | 2023 |
| Legal | LOT 7-12 BLK 7 OLT 3 DIV O PECK R H |
| Neighborhood | 1EC1 |
| Land | $4,838,563 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,838,563 |
| Improvement | $26,353,004 |
|---|---|
| Total Improvement | $26,353,004 |
| Market | $31,191,567 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $31,191,567 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $31,191,567 |
| Taxable Value | $31,191,567 |
|---|
Appreciation: Market value has risen +560.9% from $4,719,540 (2021) to $31,191,567 (2025), a CAGR of 60.3% 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 $638,331. 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 16% of market value ($4,838,563 land vs $26,353,004 improvements), about $125/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $31,191,567, 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 +46.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $213,961,215 by 2031, with an estimated annual tax burden around $964,056. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 34,400 SF | ✓ |
| 3RD | 3rd Floor | 34,400 SF | ✓ |
| 1ST | 1st Floor | 24,200 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% | $288,584.38 | $288,584.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $163,449.11 | $163,449.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $117,231.94 | $117,231.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $36,813.22 | $36,813.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $32,252.08 | $32,252.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $638,330.73 | $638,330.73 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $288,584.38 | 45.2% |
| CAT City of Austin | 0.5240% | $163,449.11 | 25.6% |
| TCO Travis County | 0.3758% | $117,231.94 | 18.4% |
| THD Travis Central Health | 0.1180% | $36,813.22 | 5.8% |
| ACT Austin Community College | 0.1034% | $32,252.08 | 5.1% |
| Total | 2.0465% | $638,330.73 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $31,777,327 | $31,191,567 | +1.9% |
| Assessed Value | $31,777,327 | $31,191,567 | +1.9% |
| Land Value | $4,838,563 | $4,838,563 | +0.0% |
| Improvement Value | $26,938,764 | $26,353,004 | +2.2% |
| Taxable Value | $31,777,327 | $31,191,567 | +1.9% |
| Total Tax 2026 = estimate |
~$650,318
Estimated
|
~$638,331
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $31,777,327 | $4,838,563 | $26,938,764 | — | $31,777,327 | $31,777,327 | Not yet — post-cert | Preliminary |
| 2025 | $31,191,567 | $4,838,563 | $26,353,004 | — | $31,191,567 | $31,191,567 | ~$638,331 | Partial |
| 2024 | $30,012,328 | $4,838,563 | $25,173,765 | — | $30,012,328 | $30,012,328 | $594,789 | Verified |
| 2023 | $7,338,563 | $4,838,563 | $2,500,000 | — | $7,338,563 | $7,338,563 | $132,773 | Verified |
| 2022 | $4,916,188 | $9,832,376 | — | — | $4,916,188 | $4,916,188 | $96,038 | Verified |
| 2021 | $4,719,540 | $4,719,540 | — | — | $4,719,540 | $4,719,540 | $102,729 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.9% | +1.9% | ~100% | Not available | Partial |
| 2025 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2024 | +309.0% ! | +309.0% | ~100% | No billing data | Verified |
| 2023 | +49.3% | +49.3% | ~100% | No billing data | Verified |
| 2022 | +4.2% | +4.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +560.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.9% | +73.7% | +46.4% | +309.0% | 2024 | +1.9% | 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 |
$638,331 | $312,932 | ~$829,143 | $638,331 | 2025 | $96,038 | 2022 |
Market value changed by 309% 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 |
|---|---|---|---|---|---|
| 2027 | ~$46,532,984 | ~$34,955,060 | ~2.0139% | ~$703,973 | +46.4% |
| 2028 | ~$68,140,363 | ~$38,450,566 | ~1.9814% | ~$761,855 | +114.4% |
| 2029 | ~$99,781,029 | ~$42,295,622 | ~1.9488% | ~$824,274 | +214.0% |
| 2030 | ~$146,113,894 | ~$46,525,184 | ~1.9163% | ~$891,558 | +359.8% |
| 2031 | ~$213,961,215 | ~$51,177,703 | ~1.8837% | ~$964,056 | +573.3% |
| 2027 | ~$45,897,437 | ~$34,955,060 | ~2.0465% | ~$715,350 | +44.4% |
| 2028 | ~$66,291,754 | ~$38,450,566 | ~2.0465% | ~$786,885 | +108.6% |
| 2029 | ~$95,748,193 | ~$42,295,622 | ~2.0465% | ~$865,574 | +201.3% |
| 2030 | ~$138,293,465 | ~$46,525,184 | ~2.0465% | ~$952,131 | +335.2% |
| 2031 | ~$199,743,535 | ~$51,177,703 | ~2.0465% | ~$1,047,344 | +528.6% |
| 2027 | ~$47,168,530 | ~$34,955,060 | ~1.9977% | ~$698,284 | +48.4% |
| 2028 | ~$70,014,393 | ~$38,450,566 | ~1.9488% | ~$749,340 | +120.3% |
| 2029 | ~$103,925,545 | ~$42,295,622 | ~1.9000% | ~$803,624 | +227.0% |
| 2030 | ~$154,261,408 | ~$46,525,184 | ~1.8512% | ~$861,271 | +385.4% |
| 2031 | ~$228,977,217 | ~$51,177,703 | ~1.8024% | ~$922,412 | +620.6% |
In 2025, this property's market value of $31,191,567 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 23× 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 | $31,191,567 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $30,012,328 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,338,563 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,916,188 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,719,540 | $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 | — |