1321 W 5 ST TX 78703
| Owner | PS LPT PROPERTIES INVESTORS |
|---|---|
| Parcel ID | 0108031201 |
| Short ID | 106805 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 86,108 SF |
| Land SF | 87,406 SF |
| Acres | 2.007 |
| Year Built | 1996 |
| Legal | 2.0066 AC OF OLT 1 DIVISION Z |
| Neighborhood | 63CBD |
| Land | $21,851,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $21,851,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $21,252,620 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,252,620 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,252,620 |
| Taxable Value | $21,252,620 |
|---|
Appreciation: Market value has risen +22.7% from $17,322,230 (2021) to $21,252,620 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $434,932. 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 103% of market value ($21,851,500 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~30-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 $21,252,620, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,442,478 by 2030, with an estimated annual tax burden around $516,946. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 86,108 SF | ✗ |
| 093 | HVAC COMMRCL SF | 82,791 SF | ✗ |
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 2ND | 2nd Floor | 37,435 SF | ✓ |
| 1ST | 1st Floor | 37,123 SF | ✓ |
| 3RD | 3rd Floor | 11,550 SF | ✓ |
| 501 | CANOPY | 1,107 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,000 SF | ✗ |
| 541 | FENCE COMM LF | 870 SF | ✗ |
| 273 | COLDSTG VAULT SM | 495 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 225 SF | ✓ |
| 611 | TERRACE | 212 SF | ✗ |
| 435 | FENCE IRON LF | 150 SF | ✗ |
| 437 | FENCE MASON LF | 37 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% | $196,629.24 | $196,629.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $111,367.34 | $111,367.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $79,876.91 | $79,876.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $25,082.98 | $25,082.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,975.21 | $21,975.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $434,931.68 | $434,931.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,095,465 | $21,252,620 | -24.3% |
| Assessed Value | $16,095,465 | $21,252,620 | -24.3% |
| Land Value | $21,851,500 | $21,851,500 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $16,095,465 | $21,252,620 | -24.3% |
| Total Tax 2026 = estimate |
~$329,391
Estimated
|
~$434,932
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,095,465 | $16,095,465 | +0 (+0.0%) |
| Taxable Value | $16,095,465 | $16,095,465 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,095,465 | $21,851,500 | — | — | $16,095,465 | $16,095,465 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $21,252,620 | $21,851,500 | — | — | $21,252,620 | $21,252,620 | ~$434,932 | Partial |
| 2024 | $19,600,000 | — | — | — | $21,770,090 ! | $— | $402,785 | Verified |
| 2023 | $15,400,000 | — | — | — | $17,481,200 ! | $— | $356,123 | Verified |
| 2022 | $15,362,890 | — | — | — | $17,481,200 ! | $— | $307,330 | Verified |
| 2021 | $17,322,230 | — | — | −$4,211,330 | $13,110,900 | $— | $320,667 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -24.3% | -24.3% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | 1.8500% | Verified |
| 2023 | +13.4% | +13.4% | ~100% | 1.6900% | Verified |
| 2022 | +21.3% | +21.3% | ~100% | 1.6500% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.3% | +0.1% | +12.0% | +27.3% | 2024 | -24.3% | 2026 |
| Assessment Ratio | 100.0% | 102.4% | — | 113.8% | 2022 | 75.7% | 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 |
$434,932 | $364,367 | ~$483,268 | $434,932 | 2025 | $307,330 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,367,356 | ~$22,367,356 | ~2.0139% | ~$450,464 | +5.2% |
| 2027 | ~$23,540,561 | ~$23,540,561 | ~1.9814% | ~$466,430 | +10.8% |
| 2028 | ~$24,775,304 | ~$24,775,304 | ~1.9488% | ~$482,831 | +16.6% |
| 2029 | ~$26,074,810 | ~$26,074,810 | ~1.9163% | ~$499,669 | +22.7% |
| 2030 | ~$27,442,478 | ~$27,442,478 | ~1.8837% | ~$516,946 | +29.1% |
| 2026 | ~$21,942,303 | ~$21,942,303 | ~2.0465% | ~$449,046 | +3.2% |
| 2027 | ~$22,654,368 | ~$22,654,368 | ~2.0465% | ~$463,618 | +6.6% |
| 2028 | ~$23,389,541 | ~$23,389,541 | ~2.0465% | ~$478,663 | +10.1% |
| 2029 | ~$24,148,571 | ~$24,148,571 | ~2.0465% | ~$494,197 | +13.6% |
| 2030 | ~$24,932,233 | ~$24,932,233 | ~2.0465% | ~$510,234 | +17.3% |
| 2026 | ~$22,792,408 | ~$22,792,408 | ~1.9977% | ~$455,315 | +7.2% |
| 2027 | ~$24,443,757 | ~$24,443,757 | ~1.9488% | ~$476,370 | +15.0% |
| 2028 | ~$26,214,748 | ~$26,214,748 | ~1.9000% | ~$498,085 | +23.3% |
| 2029 | ~$28,114,051 | ~$28,114,051 | ~1.8512% | ~$520,446 | +32.3% |
| 2030 | ~$30,150,961 | ~$30,150,961 | ~1.8024% | ~$543,432 | +41.9% |
In 2025, this property's market value of $21,252,620 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $21,252,620 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $19,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $15,362,890 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $17,322,230 | $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.