501 W 15 ST TX 78701
| Owner | MOONLIGHT PLACE LTD |
|---|---|
| Parcel ID | 0210020811 |
| Short ID | 199741 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,720 SF |
| Land SF | 11,892 SF |
| Acres | 0.273 |
| Year Built | 2001 |
| Legal | LOT 5 *& E 23' OF LOT 6 BLOCK 177 ORIGINAL CITY |
| Neighborhood | 30CBD |
| Land | $3,567,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,567,600 |
| Improvement | $84,400 |
|---|---|
| Total Improvement | $84,400 |
| Market | $3,652,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,652,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$124,000 |
| Net Appraised (assessed) | $3,528,000 |
| Taxable Value | $3,528,000 |
|---|
Appreciation: Market value has risen +57.9% from $2,312,533 (2021) to $3,652,000 (2025), a CAGR of 12.1% 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 $72,200. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,528,000) is $124,000 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 98% of market value ($3,567,600 land vs $84,400 improvements), about $300/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 $3,652,000, 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 +5.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,057,791 by 2031, with an estimated annual tax burden around $76,438. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,720 SF | ✓ |
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 501 | CANOPY | 675 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% | $32,641.06 | $32,641.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,487.32 | $18,487.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,259.81 | $13,259.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,163.85 | $4,163.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,647.95 | $3,647.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $72,199.99 | $72,199.99 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $32,641.06 | 45.2% |
| CAT City of Austin | 0.5240% | $18,487.32 | 25.6% |
| TCO Travis County | 0.3758% | $13,259.81 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,163.85 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,647.95 | 5.1% |
| Total | 2.0465% | $72,199.99 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,063,295 | $3,652,000 | -16.1% |
| Assessed Value | $3,063,295 | $3,528,000 | -13.2% |
| Land Value | $2,973,000 | $3,567,600 | -16.7% |
| Improvement Value | $90,295 | $84,400 | +7.0% |
| Taxable Value | $3,063,295 | $3,528,000 | -13.2% |
| Total Tax 2026 = estimate |
~$62,690
Estimated
|
~$72,200
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,063,295 | $2,973,000 | $90,295 | — | $3,063,295 | $3,063,295 | Not yet — post-cert | Preliminary |
| 2025 | $3,652,000 | $3,567,600 | $84,400 | −$124,000 | $3,528,000 | $3,528,000 | ~$72,200 | Partial |
| 2024 | $3,651,889 | $3,567,600 | $84,289 | −$711,889 | $2,940,000 | $2,940,000 | $58,265 | Verified |
| 2023 | $2,605,434 | $3,567,600 | — | — | $2,605,434 | $2,605,434 | $44,480 | Verified |
| 2022 | $2,400,000 | $1,783,800 | $616,200 | — | $2,400,000 | $2,400,000 | $47,398 | Verified |
| 2021 | $2,312,533 | $1,783,800 | $528,733 | — | $2,312,533 | $2,312,533 | $50,336 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.1% | -13.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 96.6% | Not available | Partial |
| 2024 | +40.2% | +12.8% | 80.5% | No billing data | Verified |
| 2023 | +8.6% | +8.6% | ~100% | No billing data | Verified |
| 2022 | +3.8% | +3.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.1% | +7.3% | +5.8% | +40.2% | 2024 | -16.1% | 2026 |
| Assessment Ratio | 100.0% | 96.2% | — | 100.0% | 2021 | 80.5% | 2024 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$72,200 | $54,536 | ~$70,759 | $72,200 | 2025 | $44,480 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,240,477 | ~$3,240,477 | ~2.0139% | ~$65,261 | +5.8% |
| 2028 | ~$3,427,908 | ~$3,427,908 | ~1.9814% | ~$67,920 | +11.9% |
| 2029 | ~$3,626,180 | ~$3,626,180 | ~1.9488% | ~$70,668 | +18.4% |
| 2030 | ~$3,835,920 | ~$3,835,920 | ~1.9163% | ~$73,507 | +25.2% |
| 2031 | ~$4,057,791 | ~$4,057,791 | ~1.8837% | ~$76,438 | +32.5% |
| 2027 | ~$3,179,212 | ~$3,179,212 | ~2.0465% | ~$65,062 | +3.8% |
| 2028 | ~$3,299,514 | ~$3,299,514 | ~2.0465% | ~$67,524 | +7.7% |
| 2029 | ~$3,424,370 | ~$3,424,370 | ~2.0465% | ~$70,079 | +11.8% |
| 2030 | ~$3,553,949 | ~$3,553,949 | ~2.0465% | ~$72,731 | +16.0% |
| 2031 | ~$3,688,432 | ~$3,688,432 | ~2.0465% | ~$75,483 | +20.4% |
| 2027 | ~$3,301,743 | ~$3,301,743 | ~1.9977% | ~$65,958 | +7.8% |
| 2028 | ~$3,558,753 | ~$3,558,753 | ~1.9488% | ~$69,354 | +16.2% |
| 2029 | ~$3,835,768 | ~$3,835,768 | ~1.9000% | ~$72,880 | +25.2% |
| 2030 | ~$4,134,345 | ~$4,134,345 | ~1.8512% | ~$76,535 | +35.0% |
| 2031 | ~$4,456,165 | ~$4,456,165 | ~1.8024% | ~$80,317 | +45.5% |
In 2025, this property's market value of $3,652,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +164% 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 | $3,652,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $3,651,889 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $2,605,434 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,400,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,312,533 | $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 | — |