400 BOWIE ST TX 78703
| Owner | SXSW PROPERTIES INC |
|---|---|
| Parcel ID | 0107001220 |
| Short ID | 494908 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 20,828 SF |
| Land SF | 7,840 SF |
| Acres | 0.180 |
| Year Built | 1999 |
| Legal | LOT 2 BLK 4 RAYMONDS PLATEAU RESUB OF LTS 2-8 & PORTION OF LTS 1,9-16 |
| Neighborhood | 52CBD |
| Land | $1,254,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,254,400 |
| Improvement | $6,155,803 |
|---|---|
| Total Improvement | $6,155,803 |
| Market | $7,410,203 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,410,203 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,410,203 |
| Taxable Value | $7,410,203 |
|---|
Appreciation: Market value has fallen -26.4% from $10,064,074 (2021) to $7,410,203 (2025), a CAGR of -7.4% 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 $151,649. 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 17% of market value ($1,254,400 land vs $6,155,803 improvements), about $160/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,410,203, 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 -7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,054,177 by 2030, with an estimated annual tax burden around $95,208. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 20,828 SF | ✗ |
| 3RD | 3rd Floor | 7,445 SF | ✓ |
| 2ND | 2nd Floor | 7,169 SF | ✓ |
| 1ST | 1st Floor | 6,214 SF | ✓ |
| 501 | CANOPY | 1,232 SF | ✗ |
| 611 | TERRACE | 190 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% | $68,559.20 | $68,559.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,830.72 | $38,830.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,850.88 | $27,850.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,745.74 | $8,745.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,662.15 | $7,662.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $151,648.69 | $151,648.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,823,900 | $7,410,203 | +5.6% |
| Assessed Value | $7,823,900 | $7,410,203 | +5.6% |
| Land Value | $1,960,000 | $1,254,400 | +56.2% |
| Improvement Value | $5,863,900 | $6,155,803 | -4.7% |
| Taxable Value | $7,823,900 | $7,410,203 | +5.6% |
| Total Tax 2026 = estimate |
~$160,115
Estimated
|
~$151,649
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,254,591 | $7,823,900 | -430,691 (-5.2%) |
| Taxable Value | $8,254,591 | $7,823,900 | -430,691 (-5.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,823,900 | $1,960,000 | $5,863,900 | — | $7,823,900 | $7,823,900 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,410,203 | $1,254,400 | $6,155,803 | — | $7,410,203 | $7,410,203 | ~$151,649 | Partial |
| 2024 | $9,451,670 | — | — | −$8,197,270 | $1,254,400 | $— | $163,576 | Verified |
| 2023 | $10,198,529 | — | — | −$9,044,481 | $1,154,048 | $— | $171,004 | Verified |
| 2022 | $9,944,766 | — | — | −$8,790,718 | $1,154,048 | $— | $201,413 | Verified |
| 2021 | $10,064,074 | — | — | −$8,910,026 | $1,154,048 | $— | $216,466 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | -12.7% | -12.7% | ~100% | 1.9800% | Verified |
| 2023 | -7.3% | -7.3% | ~100% | 1.8100% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.6% | -4.4% | -8.3% | +5.6% | 2026 | -21.6% | 2025 |
| Assessment Ratio | 100.0% | 41.3% | — | 100.0% | 2025 | 11.3% | 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 |
$151,649 | $180,821 | ~$115,756 | $216,466 | 2021 | $151,649 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,864,267 | ~$6,864,267 | ~2.0139% | ~$138,242 | -7.4% |
| 2027 | ~$6,358,552 | ~$6,358,552 | ~1.9814% | ~$125,988 | -14.2% |
| 2028 | ~$5,890,095 | ~$5,890,095 | ~1.9488% | ~$114,788 | -20.5% |
| 2029 | ~$5,456,151 | ~$5,456,151 | ~1.9163% | ~$104,556 | -26.4% |
| 2030 | ~$5,054,177 | ~$5,054,177 | ~1.8837% | ~$95,208 | -31.8% |
| 2026 | ~$7,039,693 | ~$7,039,693 | ~2.0465% | ~$144,066 | -5.0% |
| 2027 | ~$6,687,708 | ~$6,687,708 | ~2.0465% | ~$136,863 | -9.8% |
| 2028 | ~$6,353,323 | ~$6,353,323 | ~2.0465% | ~$130,020 | -14.3% |
| 2029 | ~$6,035,657 | ~$6,035,657 | ~2.0465% | ~$123,519 | -18.5% |
| 2030 | ~$5,733,874 | ~$5,733,874 | ~2.0465% | ~$117,343 | -22.6% |
| 2026 | ~$7,012,471 | ~$7,012,471 | ~1.9977% | ~$140,085 | -5.4% |
| 2027 | ~$6,636,087 | ~$6,636,087 | ~1.9488% | ~$129,327 | -10.4% |
| 2028 | ~$6,279,905 | ~$6,279,905 | ~1.9000% | ~$119,319 | -15.3% |
| 2029 | ~$5,942,840 | ~$5,942,840 | ~1.8512% | ~$110,013 | -19.8% |
| 2030 | ~$5,623,867 | ~$5,623,867 | ~1.8024% | ~$101,363 | -24.1% |
In 2025, this property's market value of $7,410,203 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,410,203 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,451,670 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,198,529 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,944,766 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,064,074 | $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.