1412 COLLIER ST B TX 78704
| Owner | 1412 COLLIER STREET LLC |
|---|---|
| Parcel ID | 0100050803 |
| Short ID | 725523 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,550 SF |
| Land SF | 6,603 SF |
| Acres | 0.152 |
| Year Built | 2006 |
| Legal | UNT B 1412 COLLIER STREET OFFICE CONDOMINIUMS AMENDED PLUS 32.0 % INT IN COM AREA |
| Neighborhood | 23SC11 |
| Land | $924,420 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $924,420 |
| Improvement | $464,070 |
|---|---|
| Total Improvement | $464,070 |
| Market | $1,388,490 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,388,490 |
| Value Limitation Adjustment (−) (homestead cap) | −$360,386 |
| Net Appraised (assessed) | $1,028,104 |
| Taxable Value | $1,028,104 |
|---|
Appreciation: Market value has risen +110.0% from $661,075 (2021) to $1,388,490 (2025), a CAGR of 20.4% over 4 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. Over the same span, the median Commercial parcel countywide rose +24.1%, 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 $21,040. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,028,104) is $360,386 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 67% of market value ($924,420 land vs $464,070 improvements), about $140/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,388,490, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,510,814 by 2030, with an estimated annual tax burden around $31,190. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,550 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $9,512.02 | $9,512.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,387.44 | $5,387.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,864.08 | $3,864.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,213.40 | $1,213.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,063.06 | $1,063.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,040.00 | $21,040.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,449,008 | $1,388,490 | +4.4% |
| Assessed Value | $1,233,725 | $1,028,104 | +20.0% |
| Land Value | $924,420 | $924,420 | +0.0% |
| Improvement Value | $524,588 | $464,070 | +13.0% |
| Taxable Value | $1,233,725 | $1,028,104 | +20.0% |
| HS Cap Loss | -$215,283 | — | |
| Total Tax 2026 = estimate |
~$25,248
Estimated
|
~$21,040
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,585,401 | $1,449,008 | -136,393 (-8.6%) |
| Taxable Value | $1,233,725 | $1,233,725 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,449,008 | $924,420 | $524,588 | −$215,283 | $1,233,725 | $1,233,725 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,388,490 | $924,420 | $464,070 | −$360,386 | $1,028,104 | $1,028,104 | ~$21,040 | Partial |
| 2024 | $713,961 | — | — | — | $924,420 ! | $— | $16,979 | Verified |
| 2023 | $661,075 | — | — | — | $713,961 ! | $— | $12,917 | Verified |
| 2022 | $661,075 | — | — | −$132,835 | $528,240 | $— | $13,056 | Verified |
| 2021 | $661,075 | — | — | −$132,835 | $528,240 | $— | $14,389 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.2% | +20.0% | 77.8% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 74.0% | Not available | Partial |
| 2024 | -0.6% | -38.6% | 61.7% | 1.2200% | Verified |
| 2023 | +57.4% | +57.4% | ~100% | 0.9300% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.4700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.4% | +21.4% | +19.4% | +94.5% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 85.1% | 92.7% | — | 129.5% | 2024 | 74.0% | 2025 |
| Effective Tax Rate (2025) | 1.5200% | 1.5200% | — | 1.5200% | 2025 | 1.5200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,040 | $15,676 | ~$26,826 | $21,040 | 2025 | $12,917 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,671,536 | ~$1,130,914 | ~2.0139% | ~$22,776 | +20.4% |
| 2027 | ~$2,012,282 | ~$1,244,006 | ~1.9814% | ~$24,649 | +44.9% |
| 2028 | ~$2,422,489 | ~$1,368,406 | ~1.9488% | ~$26,668 | +74.5% |
| 2029 | ~$2,916,317 | ~$1,505,247 | ~1.9163% | ~$28,845 | +110.0% |
| 2030 | ~$3,510,814 | ~$1,655,772 | ~1.8837% | ~$31,190 | +152.9% |
| 2026 | ~$1,643,766 | ~$1,130,914 | ~2.0465% | ~$23,144 | +18.4% |
| 2027 | ~$1,945,976 | ~$1,244,006 | ~2.0465% | ~$25,458 | +40.2% |
| 2028 | ~$2,303,747 | ~$1,368,406 | ~2.0465% | ~$28,004 | +65.9% |
| 2029 | ~$2,727,294 | ~$1,505,247 | ~2.0465% | ~$30,805 | +96.4% |
| 2030 | ~$3,228,712 | ~$1,655,772 | ~2.0465% | ~$33,885 | +132.5% |
| 2026 | ~$1,699,306 | ~$1,130,914 | ~1.9977% | ~$22,592 | +22.4% |
| 2027 | ~$2,079,698 | ~$1,244,006 | ~1.9488% | ~$24,244 | +49.8% |
| 2028 | ~$2,545,243 | ~$1,368,406 | ~1.9000% | ~$26,000 | +83.3% |
| 2029 | ~$3,115,000 | ~$1,505,247 | ~1.8512% | ~$27,865 | +124.3% |
| 2030 | ~$3,812,298 | ~$1,655,772 | ~1.8024% | ~$29,843 | +174.6% |
In 2025, this property's market value of $1,388,490 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -2% below the county median of $1,417,484. 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 | $1,388,490 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $713,961 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $661,075 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $661,075 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $661,075 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | base yr |
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.