1204 W 5 ST TX 78703
| Owner | ANCHOR EQUITIES LTD |
|---|---|
| Parcel ID | 0108031321 |
| Short ID | 106822 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,440 SF |
| Land SF | 10,000 SF |
| Acres | 0.230 |
| Year Built | 1955 |
| Legal | W 100 FT OF LOT 24&25 BLK 1 + 8.4 SQ FT OLT 1 DIV Z DUVAL SUBD |
| Neighborhood | 20CEN |
| Land | $2,500,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,500,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,888,327 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,888,327 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,888,327 |
| Taxable Value | $1,888,327 |
|---|
Appreciation: Market value has risen +41.7% from $1,332,811 (2021) to $1,888,327 (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 (2024→2025), 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 $38,644. 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 132% of market value ($2,500,000 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~71-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 $1,888,327, 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 $2,918,858 by 2030, with an estimated annual tax burden around $54,984. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,440 SF | ✓ |
| 327 | STORAGE COMM'L | 736 SF | ✓ |
| 501 | CANOPY | 96 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% | $17,470.80 | $17,470.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,895.15 | $9,895.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,097.18 | $7,097.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,228.66 | $2,228.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,952.53 | $1,952.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,644.32 | $38,644.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,888,327 | $1,888,327 | +0.0% |
| Assessed Value | $1,888,327 | $1,888,327 | +0.0% |
| Land Value | $2,500,000 | $2,500,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,888,327 | $1,888,327 | +0.0% |
| Total Tax 2026 = estimate |
~$38,644
Estimated
|
~$38,644
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,888,327 | $1,888,327 | +0 (+0.0%) |
| Taxable Value | $1,888,327 | $1,888,327 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,888,327 | $2,500,000 | — | — | $1,888,327 | $1,888,327 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,888,327 | $2,500,000 | — | — | $1,888,327 | $1,888,327 | ~$38,644 | Partial |
| 2024 | $1,500,000 | — | — | — | $1,833,755 ! | $— | $35,673 | Verified |
| 2023 | $1,550,000 | — | — | — | $1,609,748 ! | $— | $27,247 | Verified |
| 2022 | $1,330,648 | — | — | — | $1,550,000 ! | $— | $28,735 | Verified |
| 2021 | $1,332,811 | — | — | −$82,811 | $1,250,000 | $— | $28,964 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +3.0% | +4.9% | ~100% | Not available | Partial |
| 2024 | +13.9% | +11.8% | 98.2% | 1.9500% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.6900% | Verified |
| 2022 | +16.5% | +16.5% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.8% | +9.1% | +25.9% | 2025 | -3.2% | 2024 |
| Assessment Ratio | 100.0% | 106.1% | — | 122.3% | 2024 | 93.8% | 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 |
$38,644 | $31,853 | ~$48,014 | $38,644 | 2025 | $27,247 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,060,176 | ~$2,060,176 | ~2.0139% | ~$41,491 | +9.1% |
| 2027 | ~$2,247,665 | ~$2,247,665 | ~1.9814% | ~$44,535 | +19.0% |
| 2028 | ~$2,452,216 | ~$2,452,216 | ~1.9488% | ~$47,790 | +29.9% |
| 2029 | ~$2,675,382 | ~$2,675,382 | ~1.9163% | ~$51,268 | +41.7% |
| 2030 | ~$2,918,858 | ~$2,918,858 | ~1.8837% | ~$54,984 | +54.6% |
| 2026 | ~$2,022,410 | ~$2,022,410 | ~2.0465% | ~$41,388 | +7.1% |
| 2027 | ~$2,166,013 | ~$2,166,013 | ~2.0465% | ~$44,327 | +14.7% |
| 2028 | ~$2,319,813 | ~$2,319,813 | ~2.0465% | ~$47,475 | +22.9% |
| 2029 | ~$2,484,534 | ~$2,484,534 | ~2.0465% | ~$50,846 | +31.6% |
| 2030 | ~$2,660,951 | ~$2,660,951 | ~2.0465% | ~$54,456 | +40.9% |
| 2026 | ~$2,097,943 | ~$2,077,160 | ~1.9977% | ~$41,495 | +11.1% |
| 2027 | ~$2,330,827 | ~$2,284,876 | ~1.9488% | ~$44,529 | +23.4% |
| 2028 | ~$2,589,563 | ~$2,513,363 | ~1.9000% | ~$47,754 | +37.1% |
| 2029 | ~$2,877,020 | ~$2,764,700 | ~1.8512% | ~$51,180 | +52.4% |
| 2030 | ~$3,196,387 | ~$3,041,170 | ~1.8024% | ~$54,813 | +69.3% |
In 2025, this property's market value of $1,888,327 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% 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 | $1,888,327 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,550,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,330,648 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,332,811 | $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.