610 W 5 ST TX 78701
| Owner | AUSTIN LEADING EDGE LP |
|---|---|
| Parcel ID | 0107001106 |
| Short ID | 105402 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 27,939 SF |
| Land SF | 17,781 SF |
| Acres | 0.408 |
| Year Built | 2006 |
| Legal | LOT 1 & 2 BLOCK 050 ORIGINAL CITY |
| Neighborhood | 52CBD |
| Land | $5,027,631 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,027,631 |
| Improvement | $4,644,367 |
|---|---|
| Total Improvement | $4,644,367 |
| Market | $9,671,998 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,671,998 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,671,998 |
| Taxable Value | $9,671,998 |
|---|
Appreciation: Market value has fallen -27.0% from $13,250,000 (2021) to $9,671,998 (2025), a CAGR of -7.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $197,936. 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 52% of market value ($5,027,631 land vs $4,644,367 improvements), about $283/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $9,671,998, 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 -7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,525,918 by 2030, with an estimated annual tax burden around $122,931. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 75,633 SF | ✓ |
| 3RD | 3rd Floor | 17,262 SF | ✓ |
| 2ND | 2nd Floor | 6,597 SF | ✓ |
| 1ST | 1st Floor | 4,080 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% | $89,485.33 | $89,485.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $50,682.91 | $50,682.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,351.72 | $36,351.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,415.18 | $11,415.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,000.85 | $10,000.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $197,935.99 | $197,935.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,115,097 | $9,671,998 | +25.3% |
| Assessed Value | $12,115,097 | $9,671,998 | +25.3% |
| Land Value | $10,668,714 | $5,027,631 | +112.2% |
| Improvement Value | $1,446,383 | $4,644,367 | -68.9% |
| Taxable Value | $12,105,395 | $9,671,998 | +25.2% |
| Total Tax 2026 = estimate |
~$247,735
Estimated
|
~$197,936
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,115,097 | $12,115,097 | +0 (+0.0%) |
| Taxable Value | $12,105,395 | $12,105,395 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,115,097 | $10,668,714 | $1,446,383 | — | $12,115,097 | $12,105,395 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,671,998 | $5,027,631 | $4,644,367 | — | $9,671,998 | $9,671,998 | ~$197,936 | Partial |
| 2024 | $12,200,000 | — | — | −$7,172,369 | $5,027,631 | $— | $201,049 | Verified |
| 2023 | $13,949,200 | — | — | −$9,675,491 | $4,273,709 | $— | $222,612 | Verified |
| 2022 | $13,200,000 | — | — | −$8,926,291 | $4,273,709 | $— | $248,296 | Verified |
| 2021 | $13,250,000 | — | — | −$8,976,291 | $4,273,709 | $— | $288,055 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.3% | +25.3% | ~100% | Not available | Partial |
| 2025 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2024 | -28.1% | -28.1% | ~100% | 1.9800% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.5800% | Verified |
| 2022 | -1.9% | -1.9% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.3% | -0.5% | -11.3% | +25.3% | 2026 | -20.7% | 2025 |
| Assessment Ratio | 100.0% | 56.1% | — | 100.0% | 2025 | 30.6% | 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 |
$197,936 | $231,589 | ~$150,172 | $288,055 | 2021 | $197,936 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,940,077 | ~$8,940,077 | ~2.0139% | ~$180,047 | -7.6% |
| 2027 | ~$8,263,544 | ~$8,263,544 | ~1.9814% | ~$163,733 | -14.6% |
| 2028 | ~$7,638,207 | ~$7,638,207 | ~1.9488% | ~$148,856 | -21.0% |
| 2029 | ~$7,060,192 | ~$7,060,192 | ~1.9163% | ~$135,294 | -27.0% |
| 2030 | ~$6,525,918 | ~$6,525,918 | ~1.8837% | ~$122,931 | -32.5% |
| 2026 | ~$9,188,398 | ~$9,188,398 | ~2.0465% | ~$188,039 | -5.0% |
| 2027 | ~$8,728,978 | ~$8,728,978 | ~2.0465% | ~$178,637 | -9.8% |
| 2028 | ~$8,292,529 | ~$8,292,529 | ~2.0465% | ~$169,705 | -14.3% |
| 2029 | ~$7,877,903 | ~$7,877,903 | ~2.0465% | ~$161,220 | -18.5% |
| 2030 | ~$7,484,008 | ~$7,484,008 | ~2.0465% | ~$153,159 | -22.6% |
| 2026 | ~$9,133,517 | ~$9,133,517 | ~1.9977% | ~$182,457 | -5.6% |
| 2027 | ~$8,625,016 | ~$8,625,016 | ~1.9488% | ~$168,088 | -10.8% |
| 2028 | ~$8,144,825 | ~$8,144,825 | ~1.9000% | ~$154,753 | -15.8% |
| 2029 | ~$7,691,369 | ~$7,691,369 | ~1.8512% | ~$142,382 | -20.5% |
| 2030 | ~$7,263,158 | ~$7,263,158 | ~1.8024% | ~$130,909 | -24.9% |
In 2025, this property's market value of $9,671,998 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,671,998 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $13,949,200 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,200,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,250,000 | $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.