503 OAKLAND AVE AUSTIN, TX 78703
| Owner | 503 OAKLAND AVE LLC |
|---|---|
| Parcel ID | 0108031002 |
| Short ID | 106716 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,344 SF |
| Land SF | 7,500 SF |
| Acres | 0.172 |
| Year Built | 1920 |
| Legal | LOT 13 OLT 1 DIV Z WOODLAND |
| Neighborhood | 59CEN |
| Land | $1,875,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,875,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,300,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$130,876 |
| Net Appraised (assessed) | $1,169,124 |
| Taxable Value | $1,169,124 |
|---|
Appreciation: Market value has risen +34.1% from $969,177 (2021) to $1,300,000 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. 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 $23,926. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,169,124) is $130,876 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 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 144% of market value ($1,875,000 land vs $0 improvements), about $250/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 $1,300,000, this parcel sits in the lower-middle (25th–50th 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,876,587 by 2030, with an estimated annual tax burden around $35,350. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 1ST | 1st Floor | 1,344 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,344 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 294 SF | ✗ |
| 541 | FENCE COMM LF | 200 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% | $10,816.74 | $10,816.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,126.41 | $6,126.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,394.09 | $4,394.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,379.84 | $1,379.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,208.87 | $1,208.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,925.95 | $23,925.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,630,000 | $1,300,000 | +25.4% |
| Assessed Value | $1,402,949 | $1,169,124 | +20.0% |
| Land Value | $1,875,000 | $1,875,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,402,949 | $1,169,124 | +20.0% |
| HS Cap Loss | -$227,051 | — | |
| Total Tax 2026 = estimate |
~$28,711
Estimated
|
~$23,926
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,630,000 | $1,630,000 | +0 (+0.0%) |
| Taxable Value | $1,402,949 | $1,402,949 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,630,000 | $1,875,000 | — | −$227,051 | $1,402,949 | $1,402,949 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,300,000 | $1,875,000 | — | −$130,876 | $1,169,124 | $1,169,124 | ~$23,926 | Partial |
| 2024 | $1,074,000 | — | — | −$99,730 | $974,270 | $— | $19,308 | Verified |
| 2023 | $1,032,400 | — | — | −$207,400 | $825,000 | $— | $19,431 | Verified |
| 2022 | $932,645 | — | — | −$107,645 | $825,000 | $— | $20,389 | Verified |
| 2021 | $969,177 | — | — | −$219,177 | $750,000 | $— | $20,301 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.4% | +20.0% | 86.1% | Not available | Partial |
| 2025 | +33.4% | +20.0% | 89.9% | Not available | Partial |
| 2024 | -9.3% | -9.3% | ~100% | 1.9800% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.8100% | Verified |
| 2022 | +10.7% | +10.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.4% | +11.5% | +3.3% | +25.4% | 2026 | -3.8% | 2022 |
| Assessment Ratio | 86.1% | 85.4% | — | 90.7% | 2024 | 77.4% | 2021 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,926 | $20,671 | ~$30,481 | $23,926 | 2025 | $19,308 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,399,034 | ~$1,286,036 | ~2.0139% | ~$25,900 | +7.6% |
| 2027 | ~$1,505,613 | ~$1,414,640 | ~1.9814% | ~$28,030 | +15.8% |
| 2028 | ~$1,620,312 | ~$1,556,104 | ~1.9488% | ~$30,326 | +24.6% |
| 2029 | ~$1,743,748 | ~$1,711,714 | ~1.9163% | ~$32,801 | +34.1% |
| 2030 | ~$1,876,587 | ~$1,876,587 | ~1.8837% | ~$35,350 | +44.4% |
| 2026 | ~$1,373,034 | ~$1,286,036 | ~2.0465% | ~$26,319 | +5.6% |
| 2027 | ~$1,450,172 | ~$1,414,640 | ~2.0465% | ~$28,950 | +11.6% |
| 2028 | ~$1,531,643 | ~$1,531,643 | ~2.0465% | ~$31,345 | +17.8% |
| 2029 | ~$1,617,692 | ~$1,617,692 | ~2.0465% | ~$33,106 | +24.4% |
| 2030 | ~$1,708,574 | ~$1,708,574 | ~2.0465% | ~$34,966 | +31.4% |
| 2026 | ~$1,425,034 | ~$1,286,036 | ~1.9977% | ~$25,691 | +9.6% |
| 2027 | ~$1,562,095 | ~$1,414,640 | ~1.9488% | ~$27,569 | +20.2% |
| 2028 | ~$1,712,338 | ~$1,556,104 | ~1.9000% | ~$29,566 | +31.7% |
| 2029 | ~$1,877,031 | ~$1,711,714 | ~1.8512% | ~$31,687 | +44.4% |
| 2030 | ~$2,057,564 | ~$1,882,886 | ~1.8024% | ~$33,937 | +58.3% |
In 2025, this property's market value of $1,300,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% below 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 | $1,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,074,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,032,400 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $932,645 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $969,177 | $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.