1115 W 5 ST TX 78703
| Owner | 1115 W FIFTH LLC |
|---|---|
| Parcel ID | 0108010204 |
| Short ID | 106477 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,300 SF |
| Land SF | 12,371 SF |
| Acres | 0.284 |
| Year Built | 1920 |
| Legal | S 49.33 FT OF LOT 8&9 BLK 10 OLT 11 DIV Z SAYERS SUBD & W 88 FT AV OF ROSE STREET |
| Neighborhood | 59CEN |
| Land | $2,203,584 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,203,584 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,613,617 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,613,617 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,613,617 |
| Taxable Value | $1,613,617 |
|---|
Appreciation: Market value has risen +41.8% from $1,137,795 (2021) to $1,613,617 (2025), a CAGR of 9.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $33,022. 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 137% of market value ($2,203,584 land vs $0 improvements), about $178/SF of land. With value concentrated in the land under a ~106-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 $1,613,617, 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,497,302 by 2030, with an estimated annual tax burden around $47,043. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,300 SF | ✗ |
| 551 | PAVED AREA | 2,280 SF | ✗ |
| 2ND | 2nd Floor | 1,220 SF | ✓ |
| 1ST | 1st Floor | 1,080 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 140 SF | ✗ |
| 501 | CANOPY | 112 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 103% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $14,929.18 | $14,929.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,455.63 | $8,455.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,064.70 | $6,064.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,904.44 | $1,904.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,668.48 | $1,668.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,022.43 | $33,022.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,671,286 | $1,613,617 | +3.6% |
| Assessed Value | $1,671,286 | $1,613,617 | +3.6% |
| Land Value | $3,092,750 | $2,203,584 | +40.4% |
| Improvement Value | — | — | — |
| Taxable Value | $1,671,286 | $1,613,617 | +3.6% |
| Total Tax 2026 = estimate |
~$34,203
Estimated
|
~$33,022
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,281,328 | $1,671,286 | -1,610,042 (-49.1%) |
| Taxable Value | $1,936,340 | $1,671,286 | -265,054 (-13.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,671,286 | $3,092,750 | — | — | $1,671,286 | $1,671,286 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,613,617 | $2,203,584 | — | — | $1,613,617 | $1,613,617 | ~$33,022 | Partial |
| 2024 | $1,599,294 | — | — | −$294 | $1,599,000 | $— | $31,689 | Verified |
| 2023 | $1,580,500 | — | — | −$37,991 | $1,542,509 | $— | $28,935 | Verified |
| 2022 | $1,139,830 | — | — | — | $1,542,509 ! | $— | $31,214 | Verified |
| 2021 | $1,137,795 | — | — | −$36,003 | $1,101,792 | $— | $24,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +103.4% ! | +20.0% | 59.0% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | -3.5% | -3.5% | ~100% | 1.9800% | Verified |
| 2023 | -0.5% | -0.5% | ~100% | 1.7500% | Verified |
| 2022 | +46.1% | +46.1% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.6% | +8.9% | +8.4% | +38.7% | 2023 | +0.2% | 2022 |
| Assessment Ratio | 100.0% | 105.0% | — | 135.3% | 2022 | 96.8% | 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 |
$33,022 | $29,934 | ~$41,060 | $33,022 | 2025 | $24,810 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,760,900 | ~$1,760,900 | ~2.0139% | ~$35,463 | +9.1% |
| 2027 | ~$1,921,625 | ~$1,921,625 | ~1.9814% | ~$38,075 | +19.1% |
| 2028 | ~$2,097,021 | ~$2,097,021 | ~1.9488% | ~$40,868 | +30.0% |
| 2029 | ~$2,288,426 | ~$2,288,426 | ~1.9163% | ~$43,853 | +41.8% |
| 2030 | ~$2,497,302 | ~$2,497,302 | ~1.8837% | ~$47,043 | +54.8% |
| 2026 | ~$1,728,627 | ~$1,728,627 | ~2.0465% | ~$35,376 | +7.1% |
| 2027 | ~$1,851,835 | ~$1,851,835 | ~2.0465% | ~$37,898 | +14.8% |
| 2028 | ~$1,983,824 | ~$1,983,824 | ~2.0465% | ~$40,599 | +22.9% |
| 2029 | ~$2,125,220 | ~$2,125,220 | ~2.0465% | ~$43,492 | +31.7% |
| 2030 | ~$2,276,695 | ~$2,276,695 | ~2.0465% | ~$46,592 | +41.1% |
| 2026 | ~$1,793,172 | ~$1,774,979 | ~1.9977% | ~$35,458 | +11.1% |
| 2027 | ~$1,992,707 | ~$1,952,477 | ~1.9488% | ~$38,051 | +23.5% |
| 2028 | ~$2,214,445 | ~$2,147,724 | ~1.9000% | ~$40,807 | +37.2% |
| 2029 | ~$2,460,856 | ~$2,362,497 | ~1.8512% | ~$43,734 | +52.5% |
| 2030 | ~$2,734,688 | ~$2,598,746 | ~1.8024% | ~$46,839 | +69.5% |
In 2025, this property's market value of $1,613,617 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +14% 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 | $1,613,617 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,599,294 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,580,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,139,830 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,137,795 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.