1214 W 5 ST TX 78703
| Owner | ANCHOR EQUITIES LTD |
|---|---|
| Parcel ID | 0108031336 |
| Short ID | 106832 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,865 SF |
| Land SF | 20,000 SF |
| Acres | 0.459 |
| Year Built | 1973 |
| Legal | LOT 27&28 BLK 1 OLT 1 DIV Z DUVAL SUBD |
| Neighborhood | 53CEN |
| Land | $5,000,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,000,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,564,980 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,564,980 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,564,980 |
| Taxable Value | $3,564,980 |
|---|
Appreciation: Market value has risen +35.0% from $2,641,410 (2021) to $3,564,980 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $72,957. 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 140% of market value ($5,000,000 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~53-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 $3,564,980, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,186,014 by 2030, with an estimated annual tax burden around $97,691. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 9,800 SF | ✗ |
| 1ST | 1st Floor | 5,865 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 469 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% | $32,983.19 | $32,983.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,681.10 | $18,681.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,398.80 | $13,398.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,207.50 | $4,207.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,686.19 | $3,686.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $72,956.78 | $72,956.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,074,453 | $3,564,980 | +14.3% |
| Assessed Value | $4,074,453 | $3,564,980 | +14.3% |
| Land Value | $5,000,000 | $5,000,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $4,074,453 | $3,564,980 | +14.3% |
| Total Tax 2026 = estimate |
~$83,383
Estimated
|
~$72,957
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,117,114 | $4,074,453 | -1,042,661 (-20.4%) |
| Taxable Value | $4,277,976 | $4,074,453 | -203,523 (-4.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,074,453 | $5,000,000 | — | — | $4,074,453 | $4,074,453 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,564,980 | $5,000,000 | — | — | $3,564,980 | $3,564,980 | ~$72,957 | Partial |
| 2024 | $3,500,000 | — | — | — | $3,581,121 ! | $— | $69,352 | Verified |
| 2023 | $3,570,000 | — | — | −$70,000 | $3,500,000 | $— | $59,902 | Verified |
| 2022 | $2,643,700 | — | — | — | $3,500,000 ! | $— | $63,563 | Verified |
| 2021 | $2,641,410 | — | — | −$141,410 | $2,500,000 | $— | $57,545 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +43.5% | +20.0% | 83.6% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.9400% | Verified |
| 2023 | -0.0% | -0.0% | ~100% | 1.6800% | Verified |
| 2022 | +35.0% | +35.0% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.3% | +9.9% | +5.1% | +35.0% | 2023 | -2.0% | 2024 |
| Assessment Ratio | 100.0% | 104.5% | — | 132.4% | 2022 | 94.6% | 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 |
$72,957 | $64,664 | ~$87,267 | $72,957 | 2025 | $57,545 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,842,487 | ~$3,842,487 | ~2.0139% | ~$77,385 | +7.8% |
| 2027 | ~$4,141,596 | ~$4,141,596 | ~1.9814% | ~$82,061 | +16.2% |
| 2028 | ~$4,463,988 | ~$4,463,988 | ~1.9488% | ~$86,996 | +25.2% |
| 2029 | ~$4,811,477 | ~$4,811,477 | ~1.9163% | ~$92,202 | +35.0% |
| 2030 | ~$5,186,014 | ~$5,186,014 | ~1.8837% | ~$97,691 | +45.5% |
| 2026 | ~$3,771,187 | ~$3,771,187 | ~2.0465% | ~$77,177 | +5.8% |
| 2027 | ~$3,989,323 | ~$3,989,323 | ~2.0465% | ~$81,641 | +11.9% |
| 2028 | ~$4,220,075 | ~$4,220,075 | ~2.0465% | ~$86,363 | +18.4% |
| 2029 | ~$4,464,175 | ~$4,464,175 | ~2.0465% | ~$91,359 | +25.2% |
| 2030 | ~$4,722,394 | ~$4,722,394 | ~2.0465% | ~$96,643 | +32.5% |
| 2026 | ~$3,913,787 | ~$3,913,787 | ~1.9977% | ~$78,184 | +9.8% |
| 2027 | ~$4,296,722 | ~$4,296,722 | ~1.9488% | ~$83,736 | +20.5% |
| 2028 | ~$4,717,124 | ~$4,717,124 | ~1.9000% | ~$89,626 | +32.3% |
| 2029 | ~$5,178,659 | ~$5,178,659 | ~1.8512% | ~$95,867 | +45.3% |
| 2030 | ~$5,685,352 | ~$5,685,352 | ~1.8024% | ~$102,471 | +59.5% |
In 2025, this property's market value of $3,564,980 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +152% 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 | $3,564,980 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,570,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,643,700 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,641,410 | $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.