504 E 8 ST TX 78701
| Owner | NECHES HOPITALITY LLC |
|---|---|
| Parcel ID | 0206040807 |
| Short ID | 194607 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 11,040 SF |
| Acres | 0.253 |
| Year Built | — |
| Legal | LOT 3 & E 17.25FT OF LOT 2 BLOCK 093 ORIGINAL CITY |
| Neighborhood | 1CBD1 |
| Land | $3,864,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,864,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,656,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,656,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,656,200 |
| Taxable Value | $1,656,200 |
|---|
Appreciation: Market value has fallen +0.0% from $1,656,200 (2021) to $1,656,200 (2025), a CAGR of 0.0% over 4 years. Growth has been relatively flat for this asset class. 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 $33,894. Austin ISD is the largest single contributor, at 43.8% 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 233% of market value ($3,864,000 land vs $0 improvements), about $350/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,656,200, 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 +21.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $11,922,424 by 2031, with an estimated annual tax burden around $60,295. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 11,000 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% | $15,323.16 | $15,323.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,678.77 | $8,678.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,224.74 | $6,224.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,954.70 | $1,954.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,712.51 | $1,712.51 | Paid |
| P2U | — | — | — | — | — | — | $1,069.49 | $1,069.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,963.37 | $34,963.37 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $15,323.16 | 43.8% |
| CAT City of Austin | 0.5240% | $8,678.77 | 24.8% |
| TCO Travis County | 0.3758% | $6,224.74 | 17.8% |
| THD Travis Central Health | 0.1180% | $1,954.70 | 5.6% |
| ACT Austin Community College | 0.1034% | $1,712.51 | 4.9% |
| P2U | — | $1,069.49 | 3.1% |
| Total | 2.0465% 5 of 6 | $34,963.37 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,443,638 | $1,656,200 | +168.3% |
| Assessed Value | $1,987,440 | $1,656,200 | +20.0% |
| Land Value | $4,416,000 | $3,864,000 | +14.3% |
| Improvement Value | $27,638 | — | — |
| Taxable Value | $1,987,440 | $1,656,200 | +20.0% |
| HS Cap Loss | -$2,456,198 | — | |
| Total Tax 2026 = estimate |
~$40,673
Estimated
|
~$34,963
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,443,638 | $4,416,000 | $27,638 | −$2,456,198 | $1,987,440 | $1,987,440 | Not yet — post-cert | Preliminary |
| 2025 | $1,656,200 | $3,864,000 | — | — | $1,656,200 | $1,656,200 | ~$34,963 | Partial |
| 2024 | $1,656,200 | $3,864,000 | — | — | $1,656,200 | $1,656,200 | $33,892 | Verified |
| 2023 | $1,656,200 | $1,656,000 | $200 | — | $1,656,200 | $1,656,200 | $31,034 | Verified |
| 2022 | $1,656,200 | $1,656,000 | $200 | — | $1,656,200 | $1,656,200 | $33,865 | Verified |
| 2021 | $1,656,200 | $1,656,000 | $200 | — | $1,656,200 | $1,656,200 | $37,206 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +168.3% ! | +20.0% | 44.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +168.3% | +33.7% | +21.8% | +168.3% | 2026 | +0.0% | 2022 |
| Assessment Ratio | 44.7% | 90.8% | — | 100.0% | 2021 | 44.7% | 2026 |
| Effective Tax Rate (2025) | 2.1100% | 2.1100% | — | 2.1100% | 2025 | 2.1100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$34,963 | $34,192 | ~$51,857 | $37,206 | 2021 | $31,034 | 2023 |
Market value changed by 168% 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 | ~$5,413,322 | ~$2,186,184 | ~2.0139% | ~$44,028 | +21.8% |
| 2028 | ~$6,594,609 | ~$2,404,802 | ~1.9814% | ~$47,648 | +48.4% |
| 2029 | ~$8,033,674 | ~$2,645,283 | ~1.9488% | ~$51,552 | +80.8% |
| 2030 | ~$9,786,770 | ~$2,909,811 | ~1.9163% | ~$55,760 | +120.2% |
| 2031 | ~$11,922,424 | ~$3,200,792 | ~1.8837% | ~$60,295 | +168.3% |
| 2027 | ~$5,324,449 | ~$2,186,184 | ~2.0465% | ~$44,740 | +19.8% |
| 2028 | ~$6,379,853 | ~$2,404,802 | ~2.0465% | ~$49,214 | +43.6% |
| 2029 | ~$7,644,458 | ~$2,645,283 | ~2.0465% | ~$54,135 | +72.0% |
| 2030 | ~$9,159,731 | ~$2,909,811 | ~2.0465% | ~$59,549 | +106.1% |
| 2031 | ~$10,975,358 | ~$3,200,792 | ~2.0465% | ~$65,504 | +147.0% |
| 2027 | ~$5,502,195 | ~$2,186,184 | ~1.9977% | ~$43,673 | +23.8% |
| 2028 | ~$6,812,919 | ~$2,404,802 | ~1.9488% | ~$46,866 | +53.3% |
| 2029 | ~$8,435,882 | ~$2,645,283 | ~1.9000% | ~$50,261 | +89.8% |
| 2030 | ~$10,445,465 | ~$2,909,811 | ~1.8512% | ~$53,866 | +135.1% |
| 2031 | ~$12,933,768 | ~$3,200,792 | ~1.8024% | ~$57,690 | +191.1% |
In 2025, this property's market value of $1,656,200 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +20% 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 | $1,656,200 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,656,200 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,656,200 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,656,200 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,656,200 | $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 | — |