612 W 4 ST TX 78701
| Owner | LA ZONA RIO LLC |
|---|---|
| Parcel ID | 0107001508 |
| Short ID | 105436 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 14,628 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 1961 |
| Legal | LOT 1-2 BLOCK 047 ORIGINAL CITY |
| Neighborhood | 52CBD |
| Land | $5,740,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,740,800 |
| Improvement | $232,612 |
|---|---|
| Total Improvement | $232,612 |
| Market | $5,973,412 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,973,412 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,973,412 |
| Taxable Value | $5,973,412 |
|---|
Appreciation: Market value has fallen -22.7% from $7,729,848 (2021) to $5,973,412 (2025), a CAGR of -6.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $122,245. 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 96% of market value ($5,740,800 land vs $232,612 improvements), about $325/SF of land. With value concentrated in the land under a ~65-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 $5,973,412, 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 -6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,327,996 by 2030, with an estimated annual tax burden around $81,528. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,628 SF | ✓ |
| 551 | PAVED AREA | 1,927 SF | ✗ |
| 501 | CANOPY | 78 SF | ✗ |
| 611 | TERRACE | 48 SF | ✗ |
| 435 | FENCE IRON LF | 41 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% | $55,266.01 | $55,266.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,301.69 | $31,301.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,450.77 | $22,450.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,050.00 | $7,050.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,176.51 | $6,176.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $122,244.98 | $122,244.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,973,000 | $5,973,412 | -0.0% |
| Assessed Value | $5,973,000 | $5,973,412 | -0.0% |
| Land Value | $13,248,000 | $5,740,800 | +130.8% |
| Improvement Value | — | $232,612 | — |
| Taxable Value | $5,973,000 | $5,973,412 | -0.0% |
| Total Tax 2026 = estimate |
~$122,237
Estimated
|
~$122,245
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,973,000 | $5,973,000 | +0 (+0.0%) |
| Taxable Value | $5,973,000 | $5,973,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,973,000 | $13,248,000 | — | — | $5,973,000 | $5,973,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,973,412 | $5,740,800 | $232,612 | — | $5,973,412 | $5,973,412 | ~$122,245 | Partial |
| 2024 | $6,213,190 | — | — | −$472,390 | $5,740,800 | $— | $118,193 | Verified |
| 2023 | $6,141,859 | — | — | −$1,672,867 | $4,468,992 | $— | $112,412 | Verified |
| 2022 | $7,593,069 | — | — | −$3,124,077 | $4,468,992 | $— | $121,297 | Verified |
| 2021 | $7,729,848 | — | — | −$3,260,856 | $4,468,992 | $— | $165,277 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | -4.0% | -4.0% | ~100% | 1.9800% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.8100% | Verified |
| 2022 | -19.1% | -19.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +-0.0% | -4.7% | -6.2% | +1.2% | 2024 | -19.1% | 2023 |
| Assessment Ratio | 100.0% | 80.3% | — | 100.0% | 2025 | 57.8% | 2021 |
| 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 |
$122,245 | $127,885 | ~$96,554 | $165,277 | 2021 | $112,412 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,600,610 | ~$5,600,610 | ~2.0139% | ~$112,793 | -6.2% |
| 2027 | ~$5,251,075 | ~$5,251,075 | ~1.9814% | ~$104,044 | -12.1% |
| 2028 | ~$4,923,354 | ~$4,923,354 | ~1.9488% | ~$95,948 | -17.6% |
| 2029 | ~$4,616,087 | ~$4,616,087 | ~1.9163% | ~$88,458 | -22.7% |
| 2030 | ~$4,327,996 | ~$4,327,996 | ~1.8837% | ~$81,528 | -27.5% |
| 2026 | ~$5,674,741 | ~$5,674,741 | ~2.0465% | ~$116,133 | -5.0% |
| 2027 | ~$5,391,004 | ~$5,391,004 | ~2.0465% | ~$110,326 | -9.8% |
| 2028 | ~$5,121,454 | ~$5,121,454 | ~2.0465% | ~$104,810 | -14.3% |
| 2029 | ~$4,865,381 | ~$4,865,381 | ~2.0465% | ~$99,569 | -18.5% |
| 2030 | ~$4,622,112 | ~$4,622,112 | ~2.0465% | ~$94,591 | -22.6% |
| 2026 | ~$5,720,078 | ~$5,720,078 | ~1.9977% | ~$114,268 | -4.2% |
| 2027 | ~$5,477,489 | ~$5,477,489 | ~1.9488% | ~$106,747 | -8.3% |
| 2028 | ~$5,245,188 | ~$5,245,188 | ~1.9000% | ~$99,659 | -12.2% |
| 2029 | ~$5,022,738 | ~$5,022,738 | ~1.8512% | ~$92,981 | -15.9% |
| 2030 | ~$4,809,723 | ~$4,809,723 | ~1.8024% | ~$86,689 | -19.5% |
In 2025, this property's market value of $5,973,412 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,973,412 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,213,190 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,141,859 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,593,069 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,729,848 | $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.