510 BAYLOR ST TX 78703
| Owner | 510 BAYLOR LLC |
|---|---|
| Parcel ID | 0108010310 |
| Short ID | 106489 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,877 SF |
| Land SF | 12,650 SF |
| Acres | 0.290 |
| Year Built | 1900 |
| Legal | E 115 FT OF N 110 FT OF LOT 2 BLK 10 OLT 11 DIV Z RAYMONDS PLATEAU |
| Neighborhood | 59CEN |
| Land | $2,688,125 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,688,125 |
| Improvement | $486,554 |
|---|---|
| Total Improvement | $486,554 |
| Market | $3,174,679 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,174,679 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,174,679 |
| Exemptions (−) (HT) | −$757,291 |
|---|---|
| Taxable Value | $2,417,388 |
Appreciation: Market value has risen +67.4% from $1,896,394 (2021) to $3,174,679 (2025), a CAGR of 13.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $49,471. 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 85% of market value ($2,688,125 land vs $486,554 improvements), about $212/SF of land. With value concentrated in the land under a ~126-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 $3,174,679, 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 +13.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,045,245 by 2030, with an estimated annual tax burden around $96,313. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,877 SF | ✗ |
| 1ST | 1st Floor | 2,156 SF | ✓ |
| 2ND | 2nd Floor | 1,721 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 648 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 502 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 408 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 192 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522C | FIREPLACE COMM | 1 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% | $29,372.13 | $29,372.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,635.86 | $16,635.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,931.87 | $11,931.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,746.85 | $3,746.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,282.62 | $3,282.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $64,969.33 | $64,969.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,753,532 | $3,174,679 | +49.7% |
| Assessed Value | $3,809,615 | $3,174,679 | +20.0% |
| Land Value | $3,162,500 | $2,688,125 | +17.6% |
| Improvement Value | $1,591,032 | $486,554 | +227.0% |
| Taxable Value | $2,538,437 | $2,417,388 | +5.0% |
| Exemptions | HT | HT | |
| HS Cap Loss | -$943,917 | — | |
| Total Tax 2026 = estimate |
~$51,949
Estimated
|
~$64,969
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,753,532 | $4,753,532 | +0 (+0.0%) |
| Taxable Value | $2,538,437 | $2,538,437 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,753,532 | $3,162,500 | $1,591,032 | −$943,917 | $3,809,615 | $2,538,437 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,174,679 | $2,688,125 | $486,554 | — | $3,174,679 | $2,417,388 | ~$64,969 | Partial |
| 2024 | $2,200,000 | — | — | — | $2,688,125 ! | $— | $42,475 | Verified |
| 2023 | $2,300,534 | — | — | −$418,846 | $1,881,688 | $— | $31,739 | Verified |
| 2022 | $1,829,197 | — | — | — | $1,881,688 ! | $— | $45,434 | Verified |
| 2021 | $1,896,394 | — | — | −$552,331 | $1,344,063 | $— | $30,900 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +49.7% | +20.0% | 80.1% | Not available | Partial |
| 2025 | +2.7% | +18.4% | ~100% | Not available | Partial |
| 2024 | +40.5% | +21.8% | 86.7% | 1.3700% | Verified |
| 2023 | -4.4% | -4.4% | ~100% | 1.4400% | Verified |
| 2022 | +25.8% | +25.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +49.7% | +22.4% | +6.2% | +49.7% | 2026 | -4.4% | 2024 |
| Assessment Ratio | 80.1% | 93.0% | — | 122.2% | 2024 | 70.9% | 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 |
$64,969 | $43,103 | ~$82,835 | $64,969 | 2025 | $30,900 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,611,126 | ~$3,492,147 | ~2.0139% | ~$70,330 | +13.7% |
| 2027 | ~$4,107,574 | ~$3,841,362 | ~1.9814% | ~$76,112 | +29.4% |
| 2028 | ~$4,672,273 | ~$4,225,498 | ~1.9488% | ~$82,348 | +47.2% |
| 2029 | ~$5,314,606 | ~$4,648,048 | ~1.9163% | ~$89,070 | +67.4% |
| 2030 | ~$6,045,245 | ~$5,112,852 | ~1.8837% | ~$96,313 | +90.4% |
| 2026 | ~$3,547,632 | ~$3,492,147 | ~2.0465% | ~$71,466 | +11.7% |
| 2027 | ~$3,964,399 | ~$3,841,362 | ~2.0465% | ~$78,613 | +24.9% |
| 2028 | ~$4,430,127 | ~$4,225,498 | ~2.0465% | ~$86,474 | +39.5% |
| 2029 | ~$4,950,567 | ~$4,648,048 | ~2.0465% | ~$95,122 | +55.9% |
| 2030 | ~$5,532,147 | ~$5,112,852 | ~2.0465% | ~$104,634 | +74.3% |
| 2026 | ~$3,674,619 | ~$3,492,147 | ~1.9977% | ~$69,761 | +15.7% |
| 2027 | ~$4,253,289 | ~$3,841,362 | ~1.9488% | ~$74,862 | +34.0% |
| 2028 | ~$4,923,087 | ~$4,225,498 | ~1.9000% | ~$80,285 | +55.1% |
| 2029 | ~$5,698,362 | ~$4,648,048 | ~1.8512% | ~$86,044 | +79.5% |
| 2030 | ~$6,595,726 | ~$5,112,852 | ~1.8024% | ~$92,153 | +107.8% |
In 2025, this property's market value of $3,174,679 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +124% 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 | $3,174,679 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,300,534 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,829,197 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,896,394 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.