715 WEST AVE AUSTIN, TX 78701
| Owner | POWELL JAMES SHELTON |
|---|---|
| Parcel ID | 0107000409 |
| Short ID | 105344 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,908 SF |
| Land SF | 7,612 SF |
| Acres | 0.175 |
| Year Built | 1875 |
| Legal | S 56.8FT OF LOT 8 & S56.8 FT OF W 27 FT LOT 7 PLUS ADJ 10 FT ALLEY BLOCK 077 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,501,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,501,900 |
| Improvement | $342,934 |
|---|---|
| Total Improvement | $342,934 |
| Market | $1,844,834 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,844,834 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,844,834 |
| Taxable Value | $1,844,834 |
|---|
Appreciation: Market value has risen +47.6% from $1,249,875 (2021) to $1,844,834 (2025), a CAGR of 10.2% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $37,754. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 81% of market value ($1,501,900 land vs $342,934 improvements), about $197/SF of land. With value concentrated in the land under a ~151-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 $1,844,834, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +10.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,001,378 by 2030, with an estimated annual tax burden around $55,968. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,908 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 504 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 304 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% | $13,654.73 | $13,654.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,733.80 | $7,733.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,546.98 | $5,546.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,741.86 | $1,741.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,526.05 | $1,526.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,203.42 | $30,203.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,247,000 | $1,844,834 | -32.4% |
| Assessed Value | $1,247,000 | $1,844,834 | -32.4% |
| Land Value | $1,522,400 | $1,501,900 | +1.4% |
| Improvement Value | — | $342,934 | — |
| Taxable Value | $1,247,000 | $1,844,834 | -32.4% |
| Total Tax 2026 = estimate |
~$25,520
Estimated
|
~$30,203
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,032,124 | $1,247,000 | -785,124 (-38.6%) |
| Taxable Value | $1,771,042 | $1,247,000 | -524,042 (-29.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,247,000 | $1,522,400 | — | — | $1,247,000 | $1,247,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,844,834 | $1,501,900 | $342,934 | — | $1,844,834 | $1,844,834 | ~$30,203 | Partial |
| 2024 | $1,374,673 | — | — | — | $1,440,473 ! | $— | $32,692 | Verified |
| 2023 | $1,390,700 | — | — | −$310,345 | $1,080,355 | $— | $24,871 | Verified |
| 2022 | $1,357,610 | — | — | −$277,255 | $1,080,355 | $— | $27,465 | Verified |
| 2021 | $1,249,875 | — | — | −$169,575 | $1,080,300 | $— | $29,551 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.2% | -4.0% | 87.2% | Not available | Partial |
| 2025 | +11.5% | +11.8% | ~100% | Not available | Partial |
| 2024 | +20.4% | +20.0% | ~100% | 1.9800% | Verified |
| 2023 | -1.2% | -1.2% | ~100% | 1.8100% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -32.4% | +2.3% | +20.8% | +34.2% | 2025 | -32.4% | 2026 |
| Assessment Ratio | 100.0% | 91.4% | — | 104.8% | 2024 | 77.7% | 2023 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,203 | $28,957 | ~$48,136 | $32,692 | 2024 | $24,871 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,033,433 | ~$2,029,317 | ~2.0139% | ~$40,869 | +10.2% |
| 2027 | ~$2,241,314 | ~$2,232,249 | ~1.9814% | ~$44,230 | +21.5% |
| 2028 | ~$2,470,446 | ~$2,455,474 | ~1.9488% | ~$47,853 | +33.9% |
| 2029 | ~$2,723,002 | ~$2,701,021 | ~1.9163% | ~$51,759 | +47.6% |
| 2030 | ~$3,001,378 | ~$2,971,124 | ~1.8837% | ~$55,968 | +62.7% |
| 2026 | ~$1,996,537 | ~$1,996,537 | ~2.0465% | ~$40,859 | +8.2% |
| 2027 | ~$2,160,714 | ~$2,160,714 | ~2.0465% | ~$44,219 | +17.1% |
| 2028 | ~$2,338,392 | ~$2,338,392 | ~2.0465% | ~$47,855 | +26.8% |
| 2029 | ~$2,530,681 | ~$2,530,681 | ~2.0465% | ~$51,790 | +37.2% |
| 2030 | ~$2,738,782 | ~$2,738,782 | ~2.0465% | ~$56,049 | +48.5% |
| 2026 | ~$2,070,330 | ~$2,029,317 | ~1.9977% | ~$40,539 | +12.2% |
| 2027 | ~$2,323,389 | ~$2,232,249 | ~1.9488% | ~$43,503 | +25.9% |
| 2028 | ~$2,607,379 | ~$2,455,474 | ~1.9000% | ~$46,654 | +41.3% |
| 2029 | ~$2,926,082 | ~$2,701,021 | ~1.8512% | ~$50,001 | +58.6% |
| 2030 | ~$3,283,741 | ~$2,971,124 | ~1.8024% | ~$53,551 | +78.0% |
In 2025, this property's market value of $1,844,834 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 22× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,844,834 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,374,673 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,390,700 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $1,357,610 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $1,249,875 | $6,000 | $14,480 | $80,000 | ↑ 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.