500 E 5 ST TX 78701
| Owner | CORE 5 HOLDINGS LLC |
|---|---|
| Parcel ID | 0206040501 |
| Short ID | 194564 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,729 SF |
| Land SF | 2,794 SF |
| Acres | 0.064 |
| Year Built | 1995 |
| Legal | S 40.5 FT OF LOT 1 BLOCK 060 ORIGINAL CITY (TOTAL SQ FT 2794) |
| Neighborhood | 20CBD |
| Land | $2,235,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,235,200 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $838,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $838,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $838,000 |
| Taxable Value | $838,000 |
|---|
Appreciation: Market value has risen +9.1% from $768,215 (2021) to $838,000 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $17,150. Austin ISD is the largest single contributor, at 43.2% 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 267% of market value ($2,235,200 land vs $0 improvements), about $800/SF of land. With value concentrated in the land under a ~31-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 $838,000, this parcel sits in the lower-middle (25th–50th 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 +24.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,690,535 by 2031, with an estimated annual tax burden around $30,508. 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 | 1,729 SF | ✓ |
| 501 | CANOPY | 50 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% | $7,753.18 | $7,753.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,391.26 | $4,391.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,149.58 | $3,149.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $989.03 | $989.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $866.49 | $866.49 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| P2U | — | — | — | — | — | — | $312.65 | $312.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,962.19 | $17,962.19 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,753.18 | 43.2% |
| CAT City of Austin | 0.5240% | $4,391.26 | 24.4% |
| TCO Travis County | 0.3758% | $3,149.58 | 17.5% |
| THD Travis Central Health | 0.1180% | $989.03 | 5.5% |
| ACT Austin Community College | 0.1034% | $866.49 | 4.8% |
| P3J | — | $500.00 | 2.8% |
| P2U | — | $312.65 | 1.7% |
| Total | 2.0465% 5 of 7 | $17,962.19 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,267,106 | $838,000 | +170.5% |
| Assessed Value | $1,005,600 | $838,000 | +20.0% |
| Land Value | $2,235,200 | $2,235,200 | +0.0% |
| Improvement Value | $31,906 | — | — |
| Taxable Value | $1,005,600 | $838,000 | +20.0% |
| HS Cap Loss | -$1,261,506 | — | |
| Total Tax 2026 = estimate |
~$20,579
Estimated
|
~$17,962
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,267,106 | $2,235,200 | $31,906 | −$1,261,506 | $1,005,600 | $1,005,600 | Not yet — post-cert | Preliminary |
| 2025 | $838,000 | $2,235,200 | — | — | $838,000 | $838,000 | ~$17,962 | Partial |
| 2024 | $699,694 | $2,235,200 | — | — | $699,694 | $699,694 | $14,551 | Verified |
| 2023 | $859,974 | $670,560 | $189,414 | — | $859,974 | $859,974 | $13,635 | Verified |
| 2022 | $796,672 | $670,560 | $126,112 | — | $796,672 | $796,672 | $10,656 | Verified |
| 2021 | $768,215 | $670,560 | $97,655 | — | $768,215 | $768,215 | $16,301 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +170.5% ! | +20.0% | 44.4% | Not available | Partial |
| 2025 | +19.8% | +19.8% | ~100% | Not available | Partial |
| 2024 | -18.6% | -18.6% | ~100% | No billing data | Verified |
| 2023 | +7.9% | +7.9% | ~100% | No billing data | Verified |
| 2022 | +3.7% | +3.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +170.5% | +36.7% | +24.2% | +170.5% | 2026 | -18.6% | 2024 |
| Assessment Ratio | 44.4% | 90.7% | — | 100.0% | 2021 | 44.4% | 2026 |
| 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 |
$17,962 | $14,621 | ~$26,238 | $17,962 | 2025 | $10,656 | 2022 |
Market value changed by 171% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,814,943 | ~$1,106,160 | ~2.0139% | ~$22,277 | +24.2% |
| 2028 | ~$3,495,163 | ~$1,216,776 | ~1.9814% | ~$24,109 | +54.2% |
| 2029 | ~$4,339,755 | ~$1,338,454 | ~1.9488% | ~$26,084 | +91.4% |
| 2030 | ~$5,388,440 | ~$1,472,299 | ~1.9163% | ~$28,214 | +137.7% |
| 2031 | ~$6,690,535 | ~$1,619,529 | ~1.8837% | ~$30,508 | +195.1% |
| 2027 | ~$2,769,601 | ~$1,106,160 | ~2.0465% | ~$22,637 | +22.2% |
| 2028 | ~$3,383,472 | ~$1,216,776 | ~2.0465% | ~$24,901 | +49.2% |
| 2029 | ~$4,133,405 | ~$1,338,454 | ~2.0465% | ~$27,391 | +82.3% |
| 2030 | ~$5,049,558 | ~$1,472,299 | ~2.0465% | ~$30,130 | +122.7% |
| 2031 | ~$6,168,773 | ~$1,619,529 | ~2.0465% | ~$33,143 | +172.1% |
| 2027 | ~$2,860,285 | ~$1,106,160 | ~1.9977% | ~$22,097 | +26.2% |
| 2028 | ~$3,608,668 | ~$1,216,776 | ~1.9488% | ~$23,713 | +59.2% |
| 2029 | ~$4,552,861 | ~$1,338,454 | ~1.9000% | ~$25,431 | +100.8% |
| 2030 | ~$5,744,099 | ~$1,472,299 | ~1.8512% | ~$27,255 | +153.4% |
| 2031 | ~$7,247,020 | ~$1,619,529 | ~1.8024% | ~$29,190 | +219.7% |
In 2025, this property's market value of $838,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -39% below 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 | $838,000 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $699,694 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $859,974 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $796,672 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $768,215 | $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 |
| 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 | — |