1213 W 5 ST TX 78703
| Owner | 1213 WESTT FIFTH LP |
|---|---|
| Parcel ID | 0108031603 |
| Short ID | 106864 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,900 SF |
| Land SF | 6,403 SF |
| Acres | 0.147 |
| Year Built | 1950 |
| Legal | 0.1470 AC OF LOT 10 BLK 2 OLT 1 DIV Z DUVAL SUBD |
| Neighborhood | 30CEN |
| Land | $1,600,830 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,600,830 |
| Improvement | $775,714 |
|---|---|
| Total Improvement | $775,714 |
| Market | $2,376,544 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,376,544 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,376,544 |
| Taxable Value | $2,376,544 |
|---|
Appreciation: Market value has fallen -12.9% from $2,729,017 (2021) to $2,376,544 (2025), a CAGR of -3.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→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 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 $48,636. 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 67% of market value ($1,600,830 land vs $775,714 improvements), about $250/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,376,544, 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 -3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,999,265 by 2030, with an estimated annual tax burden around $37,661. 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 | 5,900 SF | ✓ |
| 611 | TERRACE | 756 SF | ✗ |
| 501 | CANOPY | 297 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% | $21,987.79 | $21,987.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,453.49 | $12,453.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,932.12 | $8,932.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,804.87 | $2,804.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,457.35 | $2,457.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,635.62 | $48,635.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,241,639 | $2,376,544 | -5.7% |
| Assessed Value | $2,241,639 | $2,376,544 | -5.7% |
| Land Value | $1,600,830 | $1,600,830 | +0.0% |
| Improvement Value | $640,809 | $775,714 | -17.4% |
| Taxable Value | $2,241,639 | $2,376,544 | -5.7% |
| Total Tax 2026 = estimate |
~$45,875
Estimated
|
~$48,636
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,405,814 | $2,241,639 | -164,175 (-6.8%) |
| Taxable Value | $2,405,814 | $2,241,639 | -164,175 (-6.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,241,639 | $1,600,830 | $640,809 | — | $2,241,639 | $2,241,639 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,376,544 | $1,600,830 | $775,714 | — | $2,376,544 | $2,376,544 | ~$48,636 | Partial |
| 2024 | $2,200,000 | — | — | −$599,170 | $1,600,830 | $— | $43,692 | Verified |
| 2023 | $2,200,000 | — | — | −$1,239,502 | $960,498 | $— | $39,954 | Verified |
| 2022 | $— | — | — | — | $960,498 | $— | $43,499 | Verified |
| 2021 | $2,729,017 | — | — | −$1,928,602 | $800,415 | $— | $45,928 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2024 | -2.6% | -2.6% | ~100% | 1.9100% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.7000% | Verified |
| 2022 | +6.7% | +6.7% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 1.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.7% | -4.3% | -2.2% | +8.0% | 2025 | -19.4% | 2023 |
| Assessment Ratio | 100.0% | 69.2% | — | 100.0% | 2025 | 29.3% | 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 |
$48,636 | $44,552 | ~$41,850 | $48,636 | 2025 | $39,954 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,295,783 | ~$2,295,783 | ~2.0139% | ~$46,236 | -3.4% |
| 2027 | ~$2,217,766 | ~$2,217,766 | ~1.9814% | ~$43,943 | -6.7% |
| 2028 | ~$2,142,400 | ~$2,142,400 | ~1.9488% | ~$41,752 | -9.9% |
| 2029 | ~$2,069,596 | ~$2,069,596 | ~1.9163% | ~$39,659 | -12.9% |
| 2030 | ~$1,999,265 | ~$1,999,265 | ~1.8837% | ~$37,661 | -15.9% |
| 2026 | ~$2,257,717 | ~$2,257,717 | ~2.0465% | ~$46,204 | -5.0% |
| 2027 | ~$2,144,831 | ~$2,144,831 | ~2.0465% | ~$43,894 | -9.7% |
| 2028 | ~$2,037,589 | ~$2,037,589 | ~2.0465% | ~$41,699 | -14.3% |
| 2029 | ~$1,935,710 | ~$1,935,710 | ~2.0465% | ~$39,614 | -18.5% |
| 2030 | ~$1,838,924 | ~$1,838,924 | ~2.0465% | ~$37,633 | -22.6% |
| 2026 | ~$2,343,314 | ~$2,343,314 | ~1.9977% | ~$46,811 | -1.4% |
| 2027 | ~$2,310,548 | ~$2,310,548 | ~1.9488% | ~$45,029 | -2.8% |
| 2028 | ~$2,278,240 | ~$2,278,240 | ~1.9000% | ~$43,287 | -4.1% |
| 2029 | ~$2,246,384 | ~$2,246,384 | ~1.8512% | ~$41,585 | -5.5% |
| 2030 | ~$2,214,974 | ~$2,214,974 | ~1.8024% | ~$39,922 | -6.8% |
In 2025, this property's market value of $2,376,544 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +68% 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 | $2,376,544 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $2,729,017 | $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.