502 BAYLOR ST TX 78703
| Owner | WILLIAMS JONATHAN |
|---|---|
| Parcel ID | 0108010313 |
| Short ID | 106492 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,428 SF |
| Land SF | 7,500 SF |
| Acres | 0.172 |
| Year Built | 2001 |
| Legal | LOT 3 BLK 10 *S50FT OF E150FT OLT 11 DIV Z RAYMONDS PLATEAU |
| Neighborhood | 61CEN |
| Land | $1,875,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,875,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,756,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,756,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$233,205 |
| Net Appraised (assessed) | $1,522,795 |
| Taxable Value | $1,522,795 |
|---|
Appreciation: Market value has risen +64.1% from $1,070,000 (2021) to $1,756,000 (2025), a CAGR of 13.2% 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 $31,164. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,522,795) is $233,205 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 107% of market value ($1,875,000 land vs $0 improvements), about $250/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,756,000, 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 +13.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,261,748 by 2030, with an estimated annual tax burden around $46,198. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,972 SF | ✓ |
| 491 | SPRINKLER HEADS | 3,576 SF | ✗ |
| 487 | PARKING UNDER | 2,664 SF | ✓ |
| 551 | PAVED AREA | 2,600 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 1,852 SF | ✗ |
| 2ND | 2nd Floor | 456 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 286 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 284 SF | ✗ |
| UBSMT | Unfinished Basement | 280 SF | ✓ |
| 501 | CANOPY | 133 SF | ✗ |
| 881 | COMMCL FINISHOUT | 100 SF | ✓ |
| 437 | FENCE MASON LF | 17 SF | ✗ |
| 476 | ELEVATOR FREIGHT | 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% | $14,088.90 | $14,088.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,979.70 | $7,979.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,723.35 | $5,723.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,797.25 | $1,797.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,574.57 | $1,574.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,163.77 | $31,163.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,322,719 | $1,756,000 | +32.3% |
| Assessed Value | $1,827,354 | $1,522,795 | +20.0% |
| Land Value | $1,875,000 | $1,875,000 | +0.0% |
| Improvement Value | $447,719 | — | — |
| Taxable Value | $1,827,354 | $1,522,795 | +20.0% |
| HS Cap Loss | -$495,365 | — | |
| Total Tax 2026 = estimate |
~$37,397
Estimated
|
~$31,164
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,969,550 | $2,322,719 | -646,831 (-21.8%) |
| Taxable Value | $1,827,354 | $1,827,354 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,322,719 | $1,875,000 | $447,719 | −$495,365 | $1,827,354 | $1,827,354 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,756,000 | $1,875,000 | — | −$233,205 | $1,522,795 | $1,522,795 | ~$31,164 | Partial |
| 2024 | $1,246,583 | — | — | — | $1,268,996 ! | $— | $25,149 | Verified |
| 2023 | $1,239,589 | — | — | −$414,589 | $825,000 | $— | $22,554 | Verified |
| 2022 | $1,164,589 | — | — | −$339,589 | $825,000 | $— | $24,481 | Verified |
| 2021 | $1,070,000 | — | — | −$320,000 | $750,000 | $— | $25,349 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +69.1% | +20.0% | 61.5% | Not available | Partial |
| 2025 | +38.4% | +20.0% | 86.7% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | 1.9800% | Verified |
| 2023 | +0.6% | +0.6% | ~100% | 1.8100% | Verified |
| 2022 | +6.4% | +6.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +32.3% | +17.8% | +7.7% | +40.9% | 2025 | +0.6% | 2024 |
| Assessment Ratio | 78.7% | 79.1% | — | 101.8% | 2024 | 66.6% | 2023 |
| Effective Tax Rate (2025) | 1.7700% | 1.7700% | — | 1.7700% | 2025 | 1.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,164 | $25,739 | ~$39,733 | $31,164 | 2025 | $22,554 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,987,512 | ~$1,675,075 | ~2.0139% | ~$33,735 | +13.2% |
| 2027 | ~$2,249,546 | ~$1,842,582 | ~1.9814% | ~$36,509 | +28.1% |
| 2028 | ~$2,546,127 | ~$2,026,840 | ~1.9488% | ~$39,500 | +45.0% |
| 2029 | ~$2,881,809 | ~$2,229,524 | ~1.9163% | ~$42,724 | +64.1% |
| 2030 | ~$3,261,748 | ~$2,452,477 | ~1.8837% | ~$46,198 | +85.7% |
| 2026 | ~$1,952,392 | ~$1,675,075 | ~2.0465% | ~$34,280 | +11.2% |
| 2027 | ~$2,170,748 | ~$1,842,582 | ~2.0465% | ~$37,708 | +23.6% |
| 2028 | ~$2,413,525 | ~$2,026,840 | ~2.0465% | ~$41,479 | +37.4% |
| 2029 | ~$2,683,455 | ~$2,229,524 | ~2.0465% | ~$45,627 | +52.8% |
| 2030 | ~$2,983,573 | ~$2,452,477 | ~2.0465% | ~$50,190 | +69.9% |
| 2026 | ~$2,022,632 | ~$1,675,075 | ~1.9977% | ~$33,462 | +15.2% |
| 2027 | ~$2,329,749 | ~$1,842,582 | ~1.9488% | ~$35,909 | +32.7% |
| 2028 | ~$2,683,499 | ~$2,026,840 | ~1.9000% | ~$38,510 | +52.8% |
| 2029 | ~$3,090,962 | ~$2,229,524 | ~1.8512% | ~$41,273 | +76.0% |
| 2030 | ~$3,560,295 | ~$2,452,477 | ~1.8024% | ~$44,203 | +102.8% |
In 2025, this property's market value of $1,756,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +24% 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 | $1,756,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,246,583 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,239,589 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,164,589 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,070,000 | $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.