5608 S 1 ST TX 78745
| Owner | AUSTIN KREGO LLC |
|---|---|
| Parcel ID | 0414100907 |
| Short ID | 320749 |
| Type | Real |
| Use Code | 47D (unlisted) |
| Valuation | Income |
| Improvement SF | 13,386 SF |
| Land SF | 77,652 SF |
| Acres | 1.783 |
| Year Built | 1995 |
| Legal | LOT 1 *LESS NE TRI FAIRVIEW BAPTIST SUBD & LOT 2 FAIRVIEW BAPTIST SUBD SEC 2 |
| Neighborhood | 47DSOU |
| Land | $1,941,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,941,300 |
| Improvement | $3,864,590 |
|---|---|
| Total Improvement | $3,864,590 |
| Market | $5,805,890 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,805,890 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,805,890 |
| Taxable Value | $5,805,890 |
|---|
Appreciation: Market value has risen +15.7% from $5,019,750 (2021) to $5,805,890 (2025), a CAGR of 3.7% over 4 years. Growth has been relatively flat for this asset class. 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 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 $118,817. 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 33% of market value ($1,941,300 land vs $3,864,590 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,805,890, 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 +1.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,934,664 by 2031, with an estimated annual tax burden around $111,794. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 46,096 SF | ✗ |
| 491 | SPRINKLER HEADS | 13,490 SF | ✗ |
| 1ST | 1st Floor | 13,386 SF | ✓ |
| 611 | TERRACE | 1,434 SF | ✗ |
| 501 | CANOPY | 1,002 SF | ✗ |
| 482 | LIGHT POLES | 11 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% | $39,271.98 | $39,271.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,242.96 | $22,242.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,953.50 | $15,953.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,009.72 | $5,009.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,389.02 | $4,389.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $86,867.18 | $86,867.18 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $39,271.98 | 45.2% |
| CAT City of Austin | 0.5240% | $22,242.96 | 25.6% |
| TCO Travis County | 0.3758% | $15,953.50 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,009.72 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,389.02 | 5.1% |
| Total | 2.0465% | $86,867.18 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,458,070 | $5,805,890 | -6.0% |
| Assessed Value | $5,093,642 | $5,805,890 | -12.3% |
| Land Value | $1,941,300 | $1,941,300 | +0.0% |
| Improvement Value | $3,516,770 | $3,864,590 | -9.0% |
| Taxable Value | $5,093,642 | $5,805,890 | -12.3% |
| HS Cap Loss | -$364,428 | — | |
| Total Tax 2026 = estimate |
~$104,241
Estimated
|
~$86,867
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,458,070 | $1,941,300 | $3,516,770 | −$364,428 | $5,093,642 | $5,093,642 | Not yet — post-cert | Preliminary |
| 2025 | $5,805,890 | $1,941,300 | $3,864,590 | — | $5,805,890 | $5,805,890 | ~$86,867 | Partial |
| 2024 | $5,805,890 | $1,941,300 | $3,864,590 | — | $5,805,890 | $5,805,890 | $84,732 | Verified |
| 2023 | $4,743,000 | $1,941,300 | $2,801,700 | — | $4,743,000 | $4,743,000 | $75,415 | Verified |
| 2022 | $4,743,000 | $1,941,300 | $2,801,700 | — | $4,743,000 | $4,743,000 | $89,203 | Verified |
| 2021 | $5,019,750 | $1,941,300 | $3,078,450 | — | $5,019,750 | $5,019,750 | $94,010 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.0% | -12.3% | 93.3% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +22.4% | +22.4% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -5.5% | -5.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.0% | +2.2% | +1.7% | +22.4% | 2024 | -6.0% | 2026 |
| Assessment Ratio | 93.3% | 98.9% | — | 100.0% | 2021 | 93.3% | 2026 |
| Effective Tax Rate (2025) | 1.5000% | 1.5000% | — | 1.5000% | 2025 | 1.5000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$86,867 | $86,045 | ~$111,817 | $94,010 | 2021 | $75,415 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,550,224 | ~$5,550,224 | ~2.0139% | ~$111,778 | +1.7% |
| 2028 | ~$5,643,934 | ~$5,643,934 | ~1.9814% | ~$111,828 | +3.4% |
| 2029 | ~$5,739,226 | ~$5,739,226 | ~1.9488% | ~$111,848 | +5.2% |
| 2030 | ~$5,836,127 | ~$5,836,127 | ~1.9163% | ~$111,837 | +6.9% |
| 2031 | ~$5,934,664 | ~$5,934,664 | ~1.8837% | ~$111,794 | +8.7% |
| 2027 | ~$5,441,063 | ~$5,441,063 | ~2.0465% | ~$111,351 | -0.3% |
| 2028 | ~$5,424,108 | ~$5,424,108 | ~2.0465% | ~$111,004 | -0.6% |
| 2029 | ~$5,407,206 | ~$5,407,206 | ~2.0465% | ~$110,658 | -0.9% |
| 2030 | ~$5,390,357 | ~$5,390,357 | ~2.0465% | ~$110,313 | -1.2% |
| 2031 | ~$5,373,561 | ~$5,373,561 | ~2.0465% | ~$109,969 | -1.5% |
| 2027 | ~$5,659,385 | ~$5,603,006 | ~1.9977% | ~$111,929 | +3.7% |
| 2028 | ~$5,868,126 | ~$5,868,126 | ~1.9488% | ~$114,360 | +7.5% |
| 2029 | ~$6,084,566 | ~$6,084,566 | ~1.9000% | ~$115,608 | +11.5% |
| 2030 | ~$6,308,989 | ~$6,308,989 | ~1.8512% | ~$116,792 | +15.6% |
| 2031 | ~$6,541,689 | ~$6,541,689 | ~1.8024% | ~$117,906 | +19.9% |
In 2025, this property's market value of $5,805,890 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 4× 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 | $5,805,890 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $5,805,890 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,743,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,743,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $5,019,750 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | 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 | — |