1208 W 4 ST TX 78703
| Owner | OGDEN STEVEN D |
|---|---|
| Parcel ID | 0108031609 |
| Short ID | 106869 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,576 SF |
| Land SF | 11,352 SF |
| Acres | 0.261 |
| Year Built | 1910 |
| Legal | S CEN 86X132 FT OF LOT 6-9 *& LOT 11&12 BLK 2 OLT 1 DIV Z DUVAL SUBD |
| Neighborhood | 61CEN |
| Land | $2,270,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,270,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,785,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,785,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$348,226 |
| Net Appraised (assessed) | $1,436,774 |
| Taxable Value | $1,436,774 |
|---|
Appreciation: Market value has risen +70.8% from $1,044,929 (2021) to $1,785,000 (2025), a CAGR of 14.3% over 4 years. This is strong appreciation — well above typical inflation. 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 $29,403. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,436,774) is $348,226 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 127% of market value ($2,270,400 land vs $0 improvements), about $200/SF of land. With value concentrated in the land under a ~116-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 $1,785,000, 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,486,001 by 2030, with an estimated annual tax burden around $43,589. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,576 SF | ✓ |
| 501 | CANOPY | 1,890 SF | ✗ |
| 611 | TERRACE | 1,890 SF | ✗ |
| 551 | PAVED AREA | 1,080 SF | ✗ |
Market value changed by 87% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $13,293.03 | $13,293.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,528.94 | $7,528.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,400.04 | $5,400.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,695.72 | $1,695.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,485.62 | $1,485.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,403.35 | $29,403.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,761,536 | $1,785,000 | +54.7% |
| Assessed Value | $1,724,129 | $1,436,774 | +20.0% |
| Land Value | $2,838,000 | $2,270,400 | +25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,724,129 | $1,436,774 | +20.0% |
| HS Cap Loss | -$1,037,407 | — | |
| Total Tax 2026 = estimate |
~$35,284
Estimated
|
~$29,403
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,329,136 | $2,761,536 | -567,600 (-17.0%) |
| Taxable Value | $1,724,129 | $1,724,129 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,761,536 | $2,838,000 | — | −$1,037,407 | $1,724,129 | $1,724,129 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,785,000 | $2,270,400 | — | −$348,226 | $1,436,774 | $1,436,774 | ~$29,403 | Partial |
| 2024 | $1,180,968 | — | — | — | $1,197,312 ! | $— | $23,728 | Verified |
| 2023 | $1,161,570 | — | — | −$162,594 | $998,976 | $— | $21,367 | Verified |
| 2022 | $1,103,273 | — | — | −$104,297 | $998,976 | $— | $22,940 | Verified |
| 2021 | $1,044,929 | — | — | −$136,769 | $908,160 | $— | $24,015 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +86.5% ! | +20.0% | 51.8% | Not available | Partial |
| 2025 | +49.1% | +20.0% | 80.5% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.9800% | Verified |
| 2023 | +1.0% | +1.0% | ~100% | 1.8100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +54.7% | +23.7% | +6.2% | +54.7% | 2026 | +1.7% | 2024 |
| Assessment Ratio | 62.4% | 84.6% | — | 101.4% | 2024 | 62.4% | 2026 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,403 | $24,291 | ~$37,489 | $29,403 | 2025 | $21,367 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,040,686 | ~$1,580,451 | ~2.0139% | ~$31,829 | +14.3% |
| 2027 | ~$2,332,996 | ~$1,738,497 | ~1.9814% | ~$34,446 | +30.7% |
| 2028 | ~$2,667,177 | ~$1,912,346 | ~1.9488% | ~$37,269 | +49.4% |
| 2029 | ~$3,049,226 | ~$2,103,581 | ~1.9163% | ~$40,311 | +70.8% |
| 2030 | ~$3,486,001 | ~$2,313,939 | ~1.8837% | ~$43,589 | +95.3% |
| 2026 | ~$2,004,986 | ~$1,580,451 | ~2.0465% | ~$32,344 | +12.3% |
| 2027 | ~$2,252,082 | ~$1,738,497 | ~2.0465% | ~$35,578 | +26.2% |
| 2028 | ~$2,529,632 | ~$1,912,346 | ~2.0465% | ~$39,136 | +41.7% |
| 2029 | ~$2,841,386 | ~$2,103,581 | ~2.0465% | ~$43,049 | +59.2% |
| 2030 | ~$3,191,562 | ~$2,313,939 | ~2.0465% | ~$47,354 | +78.8% |
| 2026 | ~$2,076,386 | ~$1,580,451 | ~1.9977% | ~$31,572 | +16.3% |
| 2027 | ~$2,415,337 | ~$1,738,497 | ~1.9488% | ~$33,881 | +35.3% |
| 2028 | ~$2,809,620 | ~$1,912,346 | ~1.9000% | ~$36,335 | +57.4% |
| 2029 | ~$3,268,265 | ~$2,103,581 | ~1.8512% | ~$38,941 | +83.1% |
| 2030 | ~$3,801,781 | ~$2,313,939 | ~1.8024% | ~$41,706 | +113.0% |
In 2025, this property's market value of $1,785,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +26% 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 | $1,785,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,180,968 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,161,570 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,103,273 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,044,929 | $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.