1316 W 5 ST TX 78703
| Owner | 507 PRESSLER LTD |
|---|---|
| Parcel ID | 0108032003 |
| Short ID | 748284 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 76,638 SF |
| Land SF | 82,285 SF |
| Acres | 1.889 |
| Year Built | 2008 |
| Legal | PRESSLER CONDOMINIUM AMENDED PLUS 86.0 % INT IN COM AREA (RESIDENTIAL) (RESIDENTIAL) |
| Neighborhood | 08CEN |
| Land | $16,456,968 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $16,456,968 |
| Improvement | $32,083,032 |
|---|---|
| Total Improvement | $32,083,032 |
| Market | $48,540,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $48,540,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $48,540,000 |
| Taxable Value | $48,540,000 |
|---|
Appreciation: Market value has risen +9.8% from $44,200,000 (2021) to $48,540,000 (2025), a CAGR of 2.4% over 4 years. Growth has been relatively flat for this asset class. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $993,364. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 34% of market value ($16,456,968 land vs $32,083,032 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $48,540,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +2.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $54,569,082 by 2030, with an estimated annual tax burden around $1,027,941. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 158,227 SF | ✓ |
| 2ND | 2nd Floor | 39,278 SF | ✓ |
| 5TH | 5th Floor | 37,760 SF | ✓ |
| 3RD | 3rd Floor | 37,360 SF | ✓ |
| 4TH | 4th Floor | 37,360 SF | ✓ |
| MISC | Miscellaneous | 1,880 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $439,470.00 | $439,470.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $248,908.08 | $248,908.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $178,526.38 | $178,526.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56,060.93 | $56,060.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49,115.00 | $49,115.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $972,080.39 | $972,080.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,224,111 | $48,540,000 | -4.8% |
| Assessed Value | $46,224,111 | $48,540,000 | -4.8% |
| Land Value | $16,456,968 | $16,456,968 | +0.0% |
| Improvement Value | $29,767,143 | $32,083,032 | -7.2% |
| Taxable Value | $46,224,111 | $48,540,000 | -4.8% |
| Total Tax 2026 = estimate |
~$945,970
Estimated
|
~$972,080
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $46,224,111 | $46,224,111 | +0 (+0.0%) |
| Taxable Value | $46,224,111 | $46,224,111 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $46,224,111 | $16,456,968 | $29,767,143 | — | $46,224,111 | $46,224,111 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $48,540,000 | $16,456,968 | $32,083,032 | — | $48,540,000 | $48,540,000 | ~$972,080 | Partial |
| 2024 | $54,500,000 | — | — | −$38,043,032 | $16,456,968 | $— | $1,061,648 | Verified |
| 2023 | $51,500,000 | — | — | −$35,043,032 | $16,456,968 | $— | $990,230 | Verified |
| 2022 | $43,200,000 | — | — | −$37,028,637 | $6,171,363 | $— | $1,018,941 | Verified |
| 2021 | $44,200,000 | — | — | −$38,028,637 | $6,171,363 | $— | $941,373 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2025 | -11.5% | -11.5% | ~100% | Not available | Partial |
| 2024 | -6.6% | -6.6% | ~100% | 1.9400% | Verified |
| 2023 | +10.1% | +10.1% | ~100% | 1.6900% | Verified |
| 2022 | +20.8% | +20.8% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | +1.4% | +3.4% | +19.2% | 2023 | -10.9% | 2025 |
| Assessment Ratio | 100.0% | 48.4% | — | 100.0% | 2025 | 14.0% | 2021 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$972,080 | $996,855 | ~$1,014,571 | $1,061,648 | 2024 | $941,373 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$49,690,017 | ~$49,690,017 | ~2.0139% | ~$1,000,725 | +2.4% |
| 2027 | ~$50,867,281 | ~$50,867,281 | ~1.9814% | ~$1,007,878 | +4.8% |
| 2028 | ~$52,072,436 | ~$52,072,436 | ~1.9488% | ~$1,014,808 | +7.3% |
| 2029 | ~$53,306,145 | ~$53,306,145 | ~1.9163% | ~$1,021,501 | +9.8% |
| 2030 | ~$54,569,082 | ~$54,569,082 | ~1.8837% | ~$1,027,941 | +12.4% |
| 2026 | ~$48,719,217 | ~$48,719,217 | ~2.0465% | ~$997,031 | +0.4% |
| 2027 | ~$48,899,096 | ~$48,899,096 | ~2.0465% | ~$1,000,713 | +0.7% |
| 2028 | ~$49,079,639 | ~$49,079,639 | ~2.0465% | ~$1,004,407 | +1.1% |
| 2029 | ~$49,260,849 | ~$49,260,849 | ~2.0465% | ~$1,008,116 | +1.5% |
| 2030 | ~$49,442,728 | ~$49,442,728 | ~2.0465% | ~$1,011,838 | +1.9% |
| 2026 | ~$50,660,817 | ~$50,660,817 | ~1.9977% | ~$1,012,032 | +4.4% |
| 2027 | ~$52,874,298 | ~$52,874,298 | ~1.9488% | ~$1,030,435 | +8.9% |
| 2028 | ~$55,184,490 | ~$55,184,490 | ~1.9000% | ~$1,048,515 | +13.7% |
| 2029 | ~$57,595,619 | ~$57,595,619 | ~1.8512% | ~$1,066,207 | +18.7% |
| 2030 | ~$60,112,096 | ~$60,112,096 | ~1.8024% | ~$1,083,443 | +23.8% |
In 2025, this property's market value of $48,540,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 93× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $48,540,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $54,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $51,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $43,200,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $44,200,000 | $300,453 | $376,850 | $539,896 | ↑ 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.