1612 W 5 ST TX 78703
| Owner | GST-BLEK VENTURES LLC |
|---|---|
| Parcel ID | 0109040519 |
| Short ID | 107150 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,060 SF |
| Land SF | 6,700 SF |
| Acres | 0.154 |
| Year Built | 1940 |
| Legal | LOT 17 BLK 1 GRAHAM R NILES ADDN |
| Neighborhood | 59CEN |
| Land | $1,675,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,675,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,336,194 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,336,194 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,336,194 |
| Taxable Value | $1,336,194 |
|---|
Appreciation: Market value has risen +21.8% from $1,097,000 (2021) to $1,336,194 (2025), a CAGR of 5.1% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $27,345. 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 125% of market value ($1,675,000 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~86-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 $1,336,194, this parcel sits in the lower-middle (25th–50th 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 +5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,709,811 by 2030, with an estimated annual tax burden around $32,208. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,800 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,060 SF | ✗ |
| 1ST | 1st Floor | 1,566 SF | ✓ |
| 2ND | 2nd Floor | 494 SF | ✓ |
| 591 | MASONRY TRIM SF | 200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 182 SF | ✗ |
| 251 | BATHROOM | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $12,362.47 | $12,362.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,001.88 | $7,001.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,022.02 | $5,022.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,577.02 | $1,577.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,381.62 | $1,381.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,345.01 | $27,345.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,283,155 | $1,336,194 | -4.0% |
| Assessed Value | $1,283,155 | $1,336,194 | -4.0% |
| Land Value | $1,675,000 | $1,675,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,283,155 | $1,336,194 | -4.0% |
| Total Tax 2026 = estimate |
~$26,260
Estimated
|
~$27,345
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,210,279 | $1,283,155 | -927,124 (-41.9%) |
| Taxable Value | $1,603,433 | $1,283,155 | -320,278 (-20.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,283,155 | $1,675,000 | — | — | $1,283,155 | $1,283,155 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,336,194 | $1,675,000 | — | — | $1,336,194 | $1,336,194 | ~$27,345 | Partial |
| 2024 | $1,280,763 | — | — | −$86,826 | $1,193,937 | $— | $23,662 | Verified |
| 2023 | $1,250,000 | — | — | −$245,000 | $1,005,000 | $— | $23,172 | Verified |
| 2022 | $1,114,418 | — | — | −$109,418 | $1,005,000 | $— | $24,687 | Verified |
| 2021 | $1,097,000 | — | — | −$293,000 | $804,000 | $— | $24,257 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +65.4% | +20.0% | 72.5% | Not available | Partial |
| 2025 | +11.9% | +11.9% | ~100% | Not available | Partial |
| 2024 | -10.0% | -10.0% | ~100% | 1.9800% | Verified |
| 2023 | +6.2% | +6.2% | ~100% | 1.7500% | Verified |
| 2022 | +12.2% | +12.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.0% | +3.3% | +5.9% | +12.2% | 2023 | -4.0% | 2026 |
| Assessment Ratio | 100.0% | 89.5% | — | 100.0% | 2025 | 73.3% | 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 |
$27,345 | $24,625 | ~$30,215 | $27,345 | 2025 | $23,172 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,403,735 | ~$1,403,735 | ~2.0139% | ~$28,270 | +5.1% |
| 2027 | ~$1,474,691 | ~$1,474,691 | ~1.9814% | ~$29,219 | +10.4% |
| 2028 | ~$1,549,233 | ~$1,549,233 | ~1.9488% | ~$30,192 | +15.9% |
| 2029 | ~$1,627,543 | ~$1,627,543 | ~1.9163% | ~$31,188 | +21.8% |
| 2030 | ~$1,709,811 | ~$1,709,811 | ~1.8837% | ~$32,208 | +28.0% |
| 2026 | ~$1,377,011 | ~$1,377,011 | ~2.0465% | ~$28,180 | +3.1% |
| 2027 | ~$1,419,076 | ~$1,419,076 | ~2.0465% | ~$29,041 | +6.2% |
| 2028 | ~$1,462,425 | ~$1,462,425 | ~2.0465% | ~$29,928 | +9.4% |
| 2029 | ~$1,507,099 | ~$1,507,099 | ~2.0465% | ~$30,843 | +12.8% |
| 2030 | ~$1,553,137 | ~$1,553,137 | ~2.0465% | ~$31,785 | +16.2% |
| 2026 | ~$1,430,459 | ~$1,430,459 | ~1.9977% | ~$28,576 | +7.1% |
| 2027 | ~$1,531,375 | ~$1,531,375 | ~1.9488% | ~$29,844 | +14.6% |
| 2028 | ~$1,639,409 | ~$1,639,409 | ~1.9000% | ~$31,149 | +22.7% |
| 2029 | ~$1,755,066 | ~$1,755,066 | ~1.8512% | ~$32,490 | +31.3% |
| 2030 | ~$1,878,881 | ~$1,878,881 | ~1.8024% | ~$33,864 | +40.6% |
In 2025, this property's market value of $1,336,194 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -6% below 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 | $1,336,194 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,280,763 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,250,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,114,418 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,097,000 | $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.