2209 1 ST 405 78704
| Owner | FROME NISANIEL & HANNAH |
|---|---|
| Parcel ID | 0403011502 |
| Short ID | 972536 |
| Type | Real |
| Use Code | 15 Condominium (Stacked) |
| Valuation | Cost |
| Improvement SF | 1,796 SF |
| Land SF | 1,757 SF |
| Acres | 0.040 |
| Year Built | 2023 |
| Legal | ONE OAK CONDOMINIUMS UNT 405 PLUS 1.5009 % INT IN COM AREA |
| Neighborhood | K1S6BC |
| Land | $263,516 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $263,516 |
| Improvement | $975,244 |
|---|---|
| Total Improvement | $975,244 |
| Market | $1,238,760 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,238,760 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,238,760 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $1,238,760 |
Appreciation: Market value has risen +487.6% from $210,813 (2023) to $1,238,760 (2025), a CAGR of 142.4% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
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 $25,351. Austin ISD is the largest single contributor, at 46.6% of the total 2025 levy.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 21% of market value ($263,516 land vs $975,244 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +61.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,814,715 by 2031, with an estimated annual tax burden around $27,001. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,796 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,796 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 252 | BEDROOMS | 3 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% | $10,520.60 | $10,520.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,548.74 | $5,548.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,979.77 | $3,979.77 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,271.58 | $1,271.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,249.73 | $1,249.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,570.42 | $22,570.42 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,520.60 | 46.6% |
| CAT City of Austin | 0.5240% | $5,548.74 | 24.6% |
| TCO Travis County | 0.3758% | $3,979.77 | 17.6% |
| ACT Austin Community College | 0.1034% | $1,271.58 | 5.6% |
| THD Travis Central Health | 0.1180% | $1,249.73 | 5.5% |
| Total | 2.0465% | $22,570.42 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $890,000 | $1,238,760 | -28.2% |
| Assessed Value | $890,000 | $1,238,760 | -28.2% |
| Land Value | $197,637 | $263,516 | -25.0% |
| Improvement Value | $692,363 | $975,244 | -29.0% |
| Taxable Value | $890,000 | $1,238,760 | -28.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$18,214
Estimated
|
~$22,570
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $890,000 | $197,637 | $692,363 | — | $890,000 | $890,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,238,760 | $263,516 | $975,244 | — | $1,238,760 | $1,238,760 | ~$22,570 | Partial |
| 2024 | $299,383 | $263,516 | $35,867 | — | $299,383 | $299,383 | $5,933 | Verified |
| 2023 | $210,813 | $263,516 | — | — | $210,813 | $210,813 | $3,814 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -28.2% | -28.2% | ~100% | Not available | Partial |
| 2025 | +313.8% ! | +313.8% | ~100% | Not available | Partial |
| 2024 | +42.0% | +42.0% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +487.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -28.2% | +109.2% | +61.6% | +313.8% | 2025 | -28.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 1.8200% | 1.8200% | — | 1.8200% | 2025 | 1.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,570 | $10,773 | ~$23,222 | $22,570 | 2025 | $3,814 | 2023 |
Market value changed by 314% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,438,426 | ~$979,000 | ~2.0139% | ~$19,716 | +61.6% |
| 2028 | ~$2,324,797 | ~$1,076,900 | ~1.9814% | ~$21,338 | +161.2% |
| 2029 | ~$3,757,358 | ~$1,184,590 | ~1.9488% | ~$23,086 | +322.2% |
| 2030 | ~$6,072,677 | ~$1,303,049 | ~1.9163% | ~$24,970 | +582.3% |
| 2031 | ~$9,814,715 | ~$1,433,354 | ~1.8837% | ~$27,001 | +1002.8% |
| 2027 | ~$1,420,626 | ~$979,000 | ~2.0465% | ~$20,035 | +59.6% |
| 2028 | ~$2,267,616 | ~$1,076,900 | ~2.0465% | ~$22,039 | +154.8% |
| 2029 | ~$3,619,590 | ~$1,184,590 | ~2.0465% | ~$24,242 | +306.7% |
| 2030 | ~$5,777,622 | ~$1,303,049 | ~2.0465% | ~$26,667 | +549.2% |
| 2031 | ~$9,222,292 | ~$1,433,354 | ~2.0465% | ~$29,333 | +936.2% |
| 2027 | ~$1,456,226 | ~$979,000 | ~1.9977% | ~$19,557 | +63.6% |
| 2028 | ~$2,382,690 | ~$1,076,900 | ~1.9488% | ~$20,987 | +167.7% |
| 2029 | ~$3,898,579 | ~$1,184,590 | ~1.9000% | ~$22,507 | +338.0% |
| 2030 | ~$6,378,891 | ~$1,303,049 | ~1.8512% | ~$24,122 | +616.7% |
| 2031 | ~$10,437,199 | ~$1,433,354 | ~1.8024% | ~$25,834 | +1072.7% |
| 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 | 2023–2024 | 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 | 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 | — |