1720 S 1 ST TX 78704
| Owner | OFF THE RAILS HOLDINGS LLC |
|---|---|
| Parcel ID | 0401021310 |
| Short ID | 302981 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,256 SF |
| Land SF | 5,240 SF |
| Acres | 0.120 |
| Year Built | 1944 |
| Legal | S80FT LOT 1 BLK 4 BOULDIN D W |
| Neighborhood | 20CEN |
| Land | $838,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $838,400 |
| Improvement | $17,097 |
|---|---|
| Total Improvement | $17,097 |
| Market | $855,497 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $855,497 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $855,497 |
| Taxable Value | $855,497 |
|---|
Appreciation: Market value has risen +55.1% from $551,718 (2021) to $855,497 (2025), a CAGR of 11.6% 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 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 $17,508. Austin ISD is the largest single contributor, at 45.2% 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 98% of market value ($838,400 land vs $17,097 improvements), about $160/SF of land. With value concentrated in the land under a ~82-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 $855,497, 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 +9.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,390,075 by 2031, with an estimated annual tax burden around $26,185. 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 | 1,256 SF | ✓ |
| 551 | PAVED AREA | 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% | $7,915.06 | $7,915.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,482.95 | $4,482.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,215.34 | $3,215.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,009.68 | $1,009.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $884.58 | $884.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,507.61 | $17,507.61 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,915.06 | 45.2% |
| CAT City of Austin | 0.5240% | $4,482.95 | 25.6% |
| TCO Travis County | 0.3758% | $3,215.34 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,009.68 | 5.8% |
| ACT Austin Community College | 0.1034% | $884.58 | 5.1% |
| Total | 2.0465% | $17,507.61 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $875,745 | $855,497 | +2.4% |
| Assessed Value | $875,745 | $855,497 | +2.4% |
| Land Value | $838,400 | $838,400 | +0.0% |
| Improvement Value | $37,345 | $17,097 | +118.4% |
| Taxable Value | $875,745 | $855,497 | +2.4% |
| Total Tax 2026 = estimate |
~$17,922
Estimated
|
~$17,508
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $875,745 | $838,400 | $37,345 | — | $875,745 | $875,745 | Not yet — post-cert | Preliminary |
| 2025 | $855,497 | $838,400 | $17,097 | — | $855,497 | $855,497 | ~$17,508 | Partial |
| 2024 | $872,593 | $838,400 | $34,193 | — | $872,593 | $872,593 | $16,954 | Verified |
| 2023 | $869,386 | $838,400 | $30,986 | — | $869,386 | $869,386 | $15,169 | Verified |
| 2022 | $587,960 | $524,000 | $63,960 | — | $587,960 | $587,960 | $10,862 | Verified |
| 2021 | $551,718 | $524,000 | $27,718 | — | $551,718 | $551,718 | $11,972 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | No billing data | Verified |
| 2023 | +47.9% | +47.9% | ~100% | No billing data | Verified |
| 2022 | +6.6% | +6.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +55.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.4% | +11.1% | +9.7% | +47.9% | 2023 | -2.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,508 | $14,493 | ~$22,642 | $17,508 | 2025 | $10,862 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$960,527 | ~$960,527 | ~2.0139% | ~$19,344 | +9.7% |
| 2028 | ~$1,053,518 | ~$1,053,518 | ~1.9814% | ~$20,874 | +20.3% |
| 2029 | ~$1,155,511 | ~$1,155,511 | ~1.9488% | ~$22,519 | +31.9% |
| 2030 | ~$1,267,378 | ~$1,267,378 | ~1.9163% | ~$24,287 | +44.7% |
| 2031 | ~$1,390,075 | ~$1,390,075 | ~1.8837% | ~$26,185 | +58.7% |
| 2027 | ~$943,013 | ~$943,013 | ~2.0465% | ~$19,299 | +7.7% |
| 2028 | ~$1,015,447 | ~$1,015,447 | ~2.0465% | ~$20,781 | +16.0% |
| 2029 | ~$1,093,445 | ~$1,093,445 | ~2.0465% | ~$22,377 | +24.9% |
| 2030 | ~$1,177,435 | ~$1,177,435 | ~2.0465% | ~$24,096 | +34.4% |
| 2031 | ~$1,267,876 | ~$1,267,876 | ~2.0465% | ~$25,947 | +44.8% |
| 2027 | ~$978,042 | ~$963,320 | ~1.9977% | ~$19,244 | +11.7% |
| 2028 | ~$1,092,289 | ~$1,059,651 | ~1.9488% | ~$20,651 | +24.7% |
| 2029 | ~$1,219,881 | ~$1,165,617 | ~1.9000% | ~$22,147 | +39.3% |
| 2030 | ~$1,362,378 | ~$1,282,178 | ~1.8512% | ~$23,736 | +55.6% |
| 2031 | ~$1,521,520 | ~$1,410,396 | ~1.8024% | ~$25,421 | +73.7% |
In 2025, this property's market value of $855,497 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -38% 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 | $855,497 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $872,593 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $869,386 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $587,960 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $551,718 | $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 | — |