1404 S 1 ST TX 78704
| Owner | JANKEL LP |
|---|---|
| Parcel ID | 0101010918 |
| Short ID | 100986 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,301 SF |
| Land SF | 27,548 SF |
| Acres | 0.632 |
| Year Built | 1966 |
| Legal | LOT 11 LESS SW 28FT AV BLK A SOUTH HEIGHTS |
| Neighborhood | 30CEN |
| Land | $3,371,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,371,875 |
| Improvement | $83,125 |
|---|---|
| Total Improvement | $83,125 |
| Market | $3,455,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,455,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,455,000 |
| Taxable Value | $3,455,000 |
|---|
Appreciation: Market value has risen +45.2% from $2,378,987 (2021) to $3,455,000 (2025), a CAGR of 9.8% 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 +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 $70,706. 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 ($3,371,875 land vs $83,125 improvements), about $122/SF of land. With value concentrated in the land under a ~60-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 $3,455,000, this parcel sits in the top quartile (≥75th 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,508,306 by 2030, with an estimated annual tax burden around $103,762. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,301 SF | ✓ |
| 551 | PAVED AREA | 8,932 SF | ✗ |
| 501 | CANOPY | 1,048 SF | ✗ |
| 611 | TERRACE | 1,048 SF | ✗ |
| 541 | FENCE COMM LF | 220 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% | $31,965.66 | $31,965.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,104.79 | $18,104.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,985.44 | $12,985.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,077.69 | $4,077.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,572.47 | $3,572.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $70,706.05 | $70,706.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,455,000 | $3,455,000 | +0.0% |
| Assessed Value | $3,455,000 | $3,455,000 | +0.0% |
| Land Value | $3,371,875 | $3,371,875 | +0.0% |
| Improvement Value | $83,125 | $83,125 | +0.0% |
| Taxable Value | $3,455,000 | $3,455,000 | +0.0% |
| Total Tax 2026 = estimate |
~$70,706
Estimated
|
~$70,706
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,501,003 | $3,455,000 | -46,003 (-1.3%) |
| Taxable Value | $3,501,003 | $3,455,000 | -46,003 (-1.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,455,000 | $3,371,875 | $83,125 | — | $3,455,000 | $3,455,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,455,000 | $3,371,875 | $83,125 | — | $3,455,000 | $3,455,000 | ~$70,706 | Partial |
| 2024 | $3,746,528 | — | — | −$374,653 | $3,371,875 | $— | $69,200 | Verified |
| 2023 | $2,576,311 | — | — | — | $3,746,528 ! | $— | $67,784 | Verified |
| 2022 | $2,488,714 | — | — | — | $2,576,311 ! | $— | $50,880 | Verified |
| 2021 | $2,378,987 | — | — | −$175,147 | $2,203,840 | $— | $54,171 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | -6.8% | -6.8% | ~100% | 1.9800% | Verified |
| 2023 | +45.4% | +45.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.1% | +9.8% | +45.4% | 2024 | -7.8% | 2025 |
| Assessment Ratio | 100.0% | 105.2% | — | 145.4% | 2023 | 90.0% | 2024 |
| 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 |
$70,706 | $62,548 | ~$89,575 | $70,706 | 2025 | $50,880 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,792,818 | ~$3,792,818 | ~2.0139% | ~$76,385 | +9.8% |
| 2027 | ~$4,163,668 | ~$4,163,668 | ~1.9814% | ~$82,498 | +20.5% |
| 2028 | ~$4,570,777 | ~$4,570,777 | ~1.9488% | ~$89,077 | +32.3% |
| 2029 | ~$5,017,692 | ~$5,017,692 | ~1.9163% | ~$96,154 | +45.2% |
| 2030 | ~$5,508,306 | ~$5,508,306 | ~1.8837% | ~$103,762 | +59.4% |
| 2026 | ~$3,723,718 | ~$3,723,718 | ~2.0465% | ~$76,205 | +7.8% |
| 2027 | ~$4,013,337 | ~$4,013,337 | ~2.0465% | ~$82,132 | +16.2% |
| 2028 | ~$4,325,481 | ~$4,325,481 | ~2.0465% | ~$88,520 | +25.2% |
| 2029 | ~$4,661,902 | ~$4,661,902 | ~2.0465% | ~$95,405 | +34.9% |
| 2030 | ~$5,024,489 | ~$5,024,489 | ~2.0465% | ~$102,825 | +45.4% |
| 2026 | ~$3,861,918 | ~$3,800,500 | ~1.9977% | ~$75,921 | +11.8% |
| 2027 | ~$4,316,762 | ~$4,180,550 | ~1.9488% | ~$81,472 | +24.9% |
| 2028 | ~$4,825,176 | ~$4,598,605 | ~1.9000% | ~$87,374 | +39.7% |
| 2029 | ~$5,393,469 | ~$5,058,466 | ~1.8512% | ~$93,642 | +56.1% |
| 2030 | ~$6,028,694 | ~$5,564,312 | ~1.8024% | ~$100,290 | +74.5% |
In 2025, this property's market value of $3,455,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +144% above 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 | $3,455,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,746,528 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,576,311 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,488,714 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,378,987 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.