1108 S 1 ST TX 78704
| Owner | SB-GEORGE LLC |
|---|---|
| Parcel ID | 0101011122 |
| Short ID | 101026 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,641 SF |
| Land SF | 65,135 SF |
| Acres | 1.495 |
| Year Built | 2003 |
| Legal | LOT 1-3 BLK 5 OAK CLIFF ADDN LOT A & B PLUS VAC ALLEY RAGLAND SUBD .68A OF BLK C J E BOULDIN EST |
| Neighborhood | 59SCN |
| Land | $11,138,131 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,138,131 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $8,836,385 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,836,385 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,836,385 |
| Taxable Value | $8,836,385 |
|---|
Appreciation: Market value has risen +28.1% from $6,899,367 (2021) to $8,836,385 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 $180,835. 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 126% of market value ($11,138,131 land vs $0 improvements), about $171/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $8,836,385, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,039,442 by 2030, with an estimated annual tax burden around $226,792. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 6,679 SF | ✗ |
| 1ST | 1st Floor | 2,804 SF | ✓ |
| 2ND | 2nd Floor | 837 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 837 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 576 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 576 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| MISC | Miscellaneous | 1 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% | $81,754.23 | $81,754.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $46,304.16 | $46,304.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,211.11 | $33,211.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,428.97 | $10,428.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,136.82 | $9,136.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $180,835.29 | $180,835.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,836,385 | $8,836,385 | +0.0% |
| Assessed Value | $8,836,385 | $8,836,385 | +0.0% |
| Land Value | $11,724,349 | $11,138,131 | +5.3% |
| Improvement Value | — | — | — |
| Taxable Value | $8,836,385 | $8,836,385 | +0.0% |
| Total Tax 2026 = estimate |
~$180,835
Estimated
|
~$180,835
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,836,385 | $8,836,385 | +0 (+0.0%) |
| Taxable Value | $8,836,385 | $8,836,385 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,836,385 | $11,724,349 | — | — | $8,836,385 | $8,836,385 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,836,385 | $11,138,131 | — | — | $8,836,385 | $8,836,385 | ~$180,835 | Partial |
| 2024 | $8,836,385 | — | — | — | $8,836,385 | $— | $175,121 | Verified |
| 2023 | $7,259,129 | — | — | — | $8,836,385 ! | $— | $159,872 | Verified |
| 2022 | $7,174,461 | — | — | −$58,433 | $7,116,028 | $— | $143,362 | Verified |
| 2021 | $6,899,367 | — | — | — | $7,116,028 ! | $— | $156,165 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +21.7% | +21.7% | ~100% | 1.8100% | Verified |
| 2022 | +1.2% | +1.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.4% | +6.4% | +21.7% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 104.0% | — | 121.7% | 2023 | 99.2% | 2022 |
| 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 |
$180,835 | $163,071 | ~$207,689 | $180,835 | 2025 | $143,362 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,400,284 | ~$9,400,284 | ~2.0139% | ~$189,316 | +6.4% |
| 2027 | ~$10,000,169 | ~$10,000,169 | ~1.9814% | ~$198,142 | +13.2% |
| 2028 | ~$10,638,335 | ~$10,638,335 | ~1.9488% | ~$207,324 | +20.4% |
| 2029 | ~$11,317,227 | ~$11,317,227 | ~1.9163% | ~$216,871 | +28.1% |
| 2030 | ~$12,039,442 | ~$12,039,442 | ~1.8837% | ~$226,792 | +36.2% |
| 2026 | ~$9,223,556 | ~$9,223,556 | ~2.0465% | ~$188,759 | +4.4% |
| 2027 | ~$9,627,692 | ~$9,627,692 | ~2.0465% | ~$197,029 | +9.0% |
| 2028 | ~$10,049,535 | ~$10,049,535 | ~2.0465% | ~$205,662 | +13.7% |
| 2029 | ~$10,489,861 | ~$10,489,861 | ~2.0465% | ~$214,673 | +18.7% |
| 2030 | ~$10,949,480 | ~$10,949,480 | ~2.0465% | ~$224,079 | +23.9% |
| 2026 | ~$9,577,012 | ~$9,577,012 | ~1.9977% | ~$191,316 | +8.4% |
| 2027 | ~$10,379,714 | ~$10,379,714 | ~1.9488% | ~$202,284 | +17.5% |
| 2028 | ~$11,249,696 | ~$11,249,696 | ~1.9000% | ~$213,746 | +27.3% |
| 2029 | ~$12,192,596 | ~$12,192,596 | ~1.8512% | ~$225,709 | +38.0% |
| 2030 | ~$13,214,526 | ~$13,214,526 | ~1.8024% | ~$238,175 | +49.5% |
In 2025, this property's market value of $8,836,385 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,836,385 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,836,385 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,259,129 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,174,461 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,899,367 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.