706 RIO GRANDE ST TX 78701
| Owner | DIKEOU DEVON |
|---|---|
| Parcel ID | 0107000404 |
| Short ID | 105340 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,053 SF |
| Land SF | 5,880 SF |
| Acres | 0.135 |
| Year Built | 1900 |
| Legal | CEN 49 FT LOT 5 *& CEN 49 FT OF E 51FT LOT 6 BLOCK 077 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,176,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,176,000 |
| Improvement | $545,312 |
|---|---|
| Total Improvement | $545,312 |
| Market | $1,721,312 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,721,312 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,721,312 |
| Taxable Value | $1,721,312 |
|---|
Appreciation: Market value has risen +45.0% from $1,186,988 (2021) to $1,721,312 (2025), a CAGR of 9.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $35,226. 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 68% of market value ($1,176,000 land vs $545,312 improvements), about $200/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,721,312, this parcel sits in the upper-middle (50th–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 +9.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,739,215 by 2030, with an estimated annual tax burden around $51,600. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,053 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 410 SF | ✗ |
| UBSMT | Unfinished Basement | 372 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 372 SF | ✗ |
| SO | Sketch Only | 372 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 324 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 267 SF | ✗ |
| 251 | BATHROOM | 2 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% | $15,925.58 | $15,925.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,019.97 | $9,019.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,469.47 | $6,469.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,031.54 | $2,031.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,779.84 | $1,779.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,226.40 | $35,226.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,986,532 | $1,721,312 | +15.4% |
| Assessed Value | $1,986,532 | $1,721,312 | +15.4% |
| Land Value | $1,176,000 | $1,176,000 | +0.0% |
| Improvement Value | $810,532 | $545,312 | +48.6% |
| Taxable Value | $1,986,532 | $1,721,312 | +15.4% |
| Total Tax 2026 = estimate |
~$40,654
Estimated
|
~$35,226
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,986,532 | $1,986,532 | +0 (+0.0%) |
| Taxable Value | $1,986,532 | $1,986,532 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,986,532 | $1,176,000 | $810,532 | — | $1,986,532 | $1,986,532 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,721,312 | $1,176,000 | $545,312 | — | $1,721,312 | $1,721,312 | ~$35,226 | Partial |
| 2024 | $1,420,237 | — | — | −$244,237 | $1,176,000 | $— | $33,776 | Verified |
| 2023 | $1,346,841 | — | — | −$464,841 | $882,000 | $— | $25,696 | Verified |
| 2022 | $1,195,702 | — | — | −$313,702 | $882,000 | $— | $26,599 | Verified |
| 2021 | $1,186,988 | — | — | −$304,988 | $882,000 | $— | $26,027 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.4% | +15.4% | ~100% | Not available | Partial |
| 2025 | -8.7% | +1.0% | ~100% | Not available | Partial |
| 2024 | +32.8% | +20.0% | 90.4% | 1.7900% | Verified |
| 2023 | +5.4% | +5.4% | ~100% | 1.8100% | Verified |
| 2022 | +12.6% | +12.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.4% | +11.1% | +6.8% | +21.2% | 2025 | +0.7% | 2022 |
| Assessment Ratio | 100.0% | 82.7% | — | 100.0% | 2025 | 65.5% | 2023 |
| 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 |
$35,226 | $29,465 | ~$44,575 | $35,226 | 2025 | $25,696 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,888,917 | ~$1,888,917 | ~2.0139% | ~$38,042 | +9.7% |
| 2027 | ~$2,072,842 | ~$2,072,842 | ~1.9814% | ~$41,071 | +20.4% |
| 2028 | ~$2,274,676 | ~$2,274,676 | ~1.9488% | ~$44,330 | +32.1% |
| 2029 | ~$2,496,163 | ~$2,496,163 | ~1.9163% | ~$47,834 | +45.0% |
| 2030 | ~$2,739,215 | ~$2,739,215 | ~1.8837% | ~$51,600 | +59.1% |
| 2026 | ~$1,854,491 | ~$1,854,491 | ~2.0465% | ~$37,952 | +7.7% |
| 2027 | ~$1,997,974 | ~$1,997,974 | ~2.0465% | ~$40,888 | +16.1% |
| 2028 | ~$2,152,558 | ~$2,152,558 | ~2.0465% | ~$44,052 | +25.1% |
| 2029 | ~$2,319,103 | ~$2,319,103 | ~2.0465% | ~$47,460 | +34.7% |
| 2030 | ~$2,498,534 | ~$2,498,534 | ~2.0465% | ~$51,132 | +45.2% |
| 2026 | ~$1,923,343 | ~$1,893,443 | ~1.9977% | ~$37,825 | +11.7% |
| 2027 | ~$2,149,087 | ~$2,082,788 | ~1.9488% | ~$40,590 | +24.9% |
| 2028 | ~$2,401,327 | ~$2,291,066 | ~1.9000% | ~$43,531 | +39.5% |
| 2029 | ~$2,683,172 | ~$2,520,173 | ~1.8512% | ~$46,653 | +55.9% |
| 2030 | ~$2,998,098 | ~$2,772,190 | ~1.8024% | ~$49,965 | +74.2% |
In 2025, this property's market value of $1,721,312 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +21% 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 | $1,721,312 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,420,237 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,346,841 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,195,702 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,186,988 | $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.