708 RIO GRANDE ST AUSTIN, TX 78701
| Owner | BEARTOOTH LTD |
|---|---|
| Parcel ID | 0107000403 |
| Short ID | 105339 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,348 SF |
| Land SF | 5,760 SF |
| Acres | 0.132 |
| Year Built | 1930 |
| Legal | N 48 FT OF LOT 5 *& N 48 FT OF E 51FT LOT 6 BLOCK 077 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,152,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,152,000 |
| Improvement | $80,146 |
|---|---|
| Total Improvement | $80,146 |
| Market | $1,232,146 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,232,146 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,232,146 |
| Taxable Value | $1,232,146 |
|---|
Appreciation: Market value has risen +1.5% from $1,214,359 (2021) to $1,232,146 (2025), a CAGR of 0.4% 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 +24.1%, 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 $25,216. 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 93% of market value ($1,152,000 land vs $80,146 improvements), about $200/SF of land. With value concentrated in the land under a ~96-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 $1,232,146, 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 +0.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,254,747 by 2030, with an estimated annual tax burden around $23,636. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,348 SF | ✗ |
| 1ST | 1st Floor | 1,360 SF | ✓ |
| 1/2 | Half Floor | 988 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 272 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 200 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522C | FIREPLACE COMM | 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% | $11,399.81 | $11,399.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,456.65 | $6,456.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,630.96 | $4,630.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,454.22 | $1,454.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,274.04 | $1,274.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,215.68 | $25,215.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,241,998 | $1,232,146 | +0.8% |
| Assessed Value | $1,241,998 | $1,232,146 | +0.8% |
| Land Value | $1,152,000 | $1,152,000 | +0.0% |
| Improvement Value | $89,998 | $80,146 | +12.3% |
| Taxable Value | $1,241,998 | $1,232,146 | +0.8% |
| Total Tax 2026 = estimate |
~$25,417
Estimated
|
~$25,216
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,385,998 | $1,241,998 | -144,000 (-10.4%) |
| Taxable Value | $1,385,998 | $1,241,998 | -144,000 (-10.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,241,998 | $1,152,000 | $89,998 | — | $1,241,998 | $1,241,998 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,232,146 | $1,152,000 | $80,146 | — | $1,232,146 | $1,232,146 | ~$25,216 | Partial |
| 2024 | $1,256,112 | — | — | −$104,112 | $1,152,000 | $— | $24,894 | Verified |
| 2023 | $1,221,891 | — | — | −$357,891 | $864,000 | $— | $22,726 | Verified |
| 2022 | $1,221,891 | — | — | −$357,891 | $864,000 | $— | $24,131 | Verified |
| 2021 | $1,214,359 | — | — | −$350,359 | $864,000 | $— | $26,597 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.5% | +12.5% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +2.8% | +2.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +0.5% | +0.2% | +2.8% | 2024 | -1.9% | 2025 |
| Assessment Ratio | 100.0% | 84.0% | — | 100.0% | 2025 | 70.7% | 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 |
$25,216 | $24,713 | ~$24,273 | $26,597 | 2021 | $22,726 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,236,633 | ~$1,236,633 | ~2.0139% | ~$24,905 | +0.4% |
| 2027 | ~$1,241,137 | ~$1,241,137 | ~1.9814% | ~$24,592 | +0.7% |
| 2028 | ~$1,245,657 | ~$1,245,657 | ~1.9488% | ~$24,276 | +1.1% |
| 2029 | ~$1,250,194 | ~$1,250,194 | ~1.9163% | ~$23,957 | +1.5% |
| 2030 | ~$1,254,747 | ~$1,254,747 | ~1.8837% | ~$23,636 | +1.8% |
| 2026 | ~$1,211,990 | ~$1,211,990 | ~2.0465% | ~$24,803 | -1.6% |
| 2027 | ~$1,192,164 | ~$1,192,164 | ~2.0465% | ~$24,397 | -3.2% |
| 2028 | ~$1,172,663 | ~$1,172,663 | ~2.0465% | ~$23,998 | -4.8% |
| 2029 | ~$1,153,480 | ~$1,153,480 | ~2.0465% | ~$23,606 | -6.4% |
| 2030 | ~$1,134,612 | ~$1,134,612 | ~2.0465% | ~$23,220 | -7.9% |
| 2026 | ~$1,261,276 | ~$1,261,276 | ~1.9977% | ~$25,196 | +2.4% |
| 2027 | ~$1,291,095 | ~$1,291,095 | ~1.9488% | ~$25,161 | +4.8% |
| 2028 | ~$1,321,619 | ~$1,321,619 | ~1.9000% | ~$25,111 | +7.3% |
| 2029 | ~$1,352,865 | ~$1,352,865 | ~1.8512% | ~$25,044 | +9.8% |
| 2030 | ~$1,384,849 | ~$1,384,849 | ~1.8024% | ~$24,960 | +12.4% |
In 2025, this property's market value of $1,232,146 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% 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 | $1,232,146 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,256,112 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,221,891 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,221,891 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,214,359 | $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.