301 W 5 ST TX 78701
| Owner | FIFTH AND LAVACA REPUBLIC SQUARE LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0206011205 |
| Short ID | 194285 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | — |
| Legal | LOT 7-9 BLOCK 045 ORIGINAL CITY |
| Neighborhood | 08HIR |
| Land | $18,370,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,370,560 |
| Improvement | $174,409,440 |
|---|---|
| Total Improvement | $174,409,440 |
| Market | $192,780,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $192,780,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $192,780,000 |
| Taxable Value | $192,780,000 |
|---|
Appreciation: Market value has risen +292.3% from $49,146,792 (2021) to $192,780,000 (2025), a CAGR of 40.7% 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 Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family 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 $3,945,214. Austin ISD is the largest single contributor, at 43.3% of the total 2025 levy.
Asset Class: Multi-family residential. 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 10% of market value ($18,370,560 land vs $174,409,440 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $192,780,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +30.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $697,754,049 by 2031, with an estimated annual tax burden around $5,618,026. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 364,532 SF | ✓ |
| 187 | PARKING GARAGE | 163,800 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% | $1,783,600.56 | $1,783,600.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,010,199.97 | $1,010,199.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $724,553.99 | $724,553.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $227,524.74 | $227,524.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $199,334.52 | $199,334.52 | Paid |
| P2U | — | — | — | — | — | — | $177,859.00 | $177,859.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,123,072.78 | $4,123,072.78 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,783,600.56 | 43.3% |
| CAT City of Austin | 0.5240% | $1,010,199.97 | 24.5% |
| TCO Travis County | 0.3758% | $724,553.99 | 17.6% |
| THD Travis Central Health | 0.1180% | $227,524.74 | 5.5% |
| ACT Austin Community College | 0.1034% | $199,334.52 | 4.8% |
| P2U | — | $177,859.00 | 4.3% |
| Total | 2.0465% 5 of 6 | $4,123,072.78 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $185,182,000 | $192,780,000 | -3.9% |
| Assessed Value | $185,182,000 | $192,780,000 | -3.9% |
| Land Value | $24,729,600 | $18,370,560 | +34.6% |
| Improvement Value | $160,452,400 | $174,409,440 | -8.0% |
| Taxable Value | $185,182,000 | $192,780,000 | -3.9% |
| Total Tax 2026 = estimate |
~$3,789,722
Estimated
|
~$4,123,073
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $185,182,000 | $24,729,600 | $160,452,400 | — | $185,182,000 | $185,182,000 | Not yet — post-cert | Preliminary |
| 2025 | $192,780,000 | $18,370,560 | $174,409,440 | — | $192,780,000 | $192,780,000 | ~$4,123,073 | Partial |
| 2024 | $196,144,698 | $18,370,560 | $177,774,138 | — | $196,144,698 | $196,144,698 | $4,068,194 | Verified |
| 2023 | $217,089,000 | $11,481,600 | $205,607,400 | — | $217,089,000 | $217,089,000 | $4,128,021 | Verified |
| 2022 | $111,523,316 | $11,481,600 | $100,041,716 | — | $111,523,316 | $111,523,316 | $2,313,523 | Verified |
| 2021 | $49,146,792 | $11,481,600 | $37,665,192 | — | $49,146,792 | $49,146,792 | $1,118,415 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2024 | -9.6% | -9.6% | ~100% | No billing data | Verified |
| 2023 | +94.7% ! | +94.7% | ~100% | No billing data | Verified |
| 2022 | +126.9% ! | +126.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +292.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +41.3% | +30.4% | +126.9% | 2022 | -9.6% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,123,073 | $3,150,245 | ~$4,831,822 | $4,128,021 | 2023 | $1,118,415 | 2021 |
Market value changed by 127% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$241,445,708 | ~$203,700,200 | ~2.0139% | ~$4,102,393 | +30.4% |
| 2028 | ~$314,803,976 | ~$224,070,220 | ~1.9814% | ~$4,439,700 | +70.0% |
| 2029 | ~$410,450,631 | ~$246,477,242 | ~1.9488% | ~$4,803,446 | +121.6% |
| 2030 | ~$535,157,537 | ~$271,124,966 | ~1.9163% | ~$5,195,543 | +189.0% |
| 2031 | ~$697,754,049 | ~$298,237,463 | ~1.8837% | ~$5,618,026 | +276.8% |
| 2027 | ~$237,742,068 | ~$203,700,200 | ~2.0465% | ~$4,168,694 | +28.4% |
| 2028 | ~$305,220,220 | ~$224,070,220 | ~2.0465% | ~$4,585,563 | +64.8% |
| 2029 | ~$391,850,646 | ~$246,477,242 | ~2.0465% | ~$5,044,120 | +111.6% |
| 2030 | ~$503,069,320 | ~$271,124,966 | ~2.0465% | ~$5,548,532 | +171.7% |
| 2031 | ~$645,855,106 | ~$298,237,463 | ~2.0465% | ~$6,103,385 | +248.8% |
| 2027 | ~$245,149,348 | ~$203,700,200 | ~1.9977% | ~$4,069,242 | +32.4% |
| 2028 | ~$324,535,877 | ~$224,070,220 | ~1.9488% | ~$4,366,769 | +75.3% |
| 2029 | ~$429,630,086 | ~$246,477,242 | ~1.9000% | ~$4,683,109 | +132.0% |
| 2030 | ~$568,756,873 | ~$271,124,966 | ~1.8512% | ~$5,019,049 | +207.1% |
| 2031 | ~$752,936,984 | ~$298,237,463 | ~1.8024% | ~$5,375,346 | +306.6% |
In 2025, this property's market value of $192,780,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 371× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $192,780,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $196,144,698 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $217,089,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $111,523,316 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $49,146,792 | $353,349 | $436,046 | $657,886 | ↑ 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 | — |