209 W 5 ST TX 78701
| Owner | 209 WEST 5TH LLC |
|---|---|
| Parcel ID | 0206011702 |
| Short ID | 194317 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 5,888 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1955 |
| Legal | LOT 11 BLOCK 044 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $3,768,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,768,320 |
| Improvement | $97,470 |
|---|---|
| Total Improvement | $97,470 |
| Market | $3,865,790 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,865,790 |
| Value Limitation Adjustment (−) (homestead cap) | −$13,670 |
| Net Appraised (assessed) | $3,852,120 |
| Taxable Value | $3,852,120 |
|---|
Appreciation: Market value has risen +38.7% from $2,786,870 (2021) to $3,865,790 (2025), a CAGR of 8.5% 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 $78,833. Austin ISD is the largest single contributor, at 43.5% of the total 2025 levy.
Assessment Gap: Assessed value ($3,852,120) is $13,670 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 97% of market value ($3,768,320 land vs $97,470 improvements), about $640/SF of land. With value concentrated in the land under a ~71-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 $3,865,790, 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 +11.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,316,631 by 2031, with an estimated annual tax burden around $140,238. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,888 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% | $35,639.81 | $35,639.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,185.76 | $20,185.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,478.00 | $14,478.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,546.39 | $4,546.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,983.09 | $3,983.09 | Paid |
| P2U | — | — | — | — | — | — | $3,100.71 | $3,100.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $81,933.76 | $81,933.76 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $35,639.81 | 43.5% |
| CAT City of Austin | 0.5240% | $20,185.76 | 24.6% |
| TCO Travis County | 0.3758% | $14,478.00 | 17.7% |
| THD Travis Central Health | 0.1180% | $4,546.39 | 5.5% |
| ACT Austin Community College | 0.1034% | $3,983.09 | 4.9% |
| P2U | — | $3,100.71 | 3.8% |
| Total | 2.0465% 5 of 6 | $81,933.76 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,814,288 | $3,865,790 | +24.5% |
| Assessed Value | $4,622,544 | $3,852,120 | +20.0% |
| Land Value | $4,710,400 | $3,768,320 | +25.0% |
| Improvement Value | $103,888 | $97,470 | +6.6% |
| Taxable Value | $4,622,544 | $3,852,120 | +20.0% |
| HS Cap Loss | -$191,744 | — | |
| Total Tax 2026 = estimate |
~$94,600
Estimated
|
~$81,934
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,814,288 | $4,710,400 | $103,888 | −$191,744 | $4,622,544 | $4,622,544 | Not yet — post-cert | Preliminary |
| 2025 | $3,865,790 | $3,768,320 | $97,470 | −$13,670 | $3,852,120 | $3,852,120 | ~$81,934 | Partial |
| 2024 | $3,768,320 | $3,768,320 | — | −$558,220 | $3,210,100 | $3,210,100 | $66,125 | Verified |
| 2023 | $2,675,083 | $2,355,200 | $319,883 | — | $2,675,083 | $2,675,083 | $50,411 | Verified |
| 2022 | $2,675,083 | $2,355,200 | $319,883 | — | $2,675,083 | $2,675,083 | $55,006 | Verified |
| 2021 | $2,786,870 | $2,355,200 | $431,670 | — | $2,786,870 | $2,786,870 | $62,948 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.5% | +20.0% | 96.0% | Not available | Partial |
| 2025 | +2.6% | +20.0% | ~100% | Not available | Partial |
| 2024 | +40.9% | +20.0% | 85.2% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -4.0% | -4.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.5% | +12.8% | +11.6% | +40.9% | 2024 | -4.0% | 2022 |
| Assessment Ratio | 96.0% | 96.8% | — | 100.0% | 2021 | 85.2% | 2024 |
| 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 |
$81,934 | $63,285 | ~$120,613 | $81,934 | 2025 | $50,411 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,370,505 | ~$5,084,798 | ~2.0139% | ~$102,405 | +11.6% |
| 2028 | ~$5,990,985 | ~$5,593,278 | ~1.9814% | ~$110,825 | +24.4% |
| 2029 | ~$6,683,151 | ~$6,152,606 | ~1.9488% | ~$119,904 | +38.8% |
| 2030 | ~$7,455,287 | ~$6,767,867 | ~1.9163% | ~$129,692 | +54.9% |
| 2031 | ~$8,316,631 | ~$7,444,653 | ~1.8837% | ~$140,238 | +72.7% |
| 2027 | ~$5,274,219 | ~$5,084,798 | ~2.0465% | ~$104,060 | +9.6% |
| 2028 | ~$5,778,090 | ~$5,593,278 | ~2.0465% | ~$114,466 | +20.0% |
| 2029 | ~$6,330,098 | ~$6,152,606 | ~2.0465% | ~$125,912 | +31.5% |
| 2030 | ~$6,934,842 | ~$6,767,867 | ~2.0465% | ~$138,503 | +44.0% |
| 2031 | ~$7,597,360 | ~$7,444,653 | ~2.0465% | ~$152,354 | +57.8% |
| 2027 | ~$5,466,791 | ~$5,084,798 | ~1.9977% | ~$101,577 | +13.6% |
| 2028 | ~$6,207,731 | ~$5,593,278 | ~1.9488% | ~$109,004 | +28.9% |
| 2029 | ~$7,049,093 | ~$6,152,606 | ~1.9000% | ~$116,901 | +46.4% |
| 2030 | ~$8,004,490 | ~$6,767,867 | ~1.8512% | ~$125,286 | +66.3% |
| 2031 | ~$9,089,376 | ~$7,444,653 | ~1.8024% | ~$134,180 | +88.8% |
In 2025, this property's market value of $3,865,790 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +180% 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 | $3,865,790 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $3,768,320 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $2,675,083 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,675,083 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,786,870 | $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 | — |