1614 W 5 ST TX 78703
| Owner | 1614 WEST 5TH LP |
|---|---|
| Parcel ID | 0109040520 |
| Short ID | 107151 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,252 SF |
| Land SF | 6,218 SF |
| Acres | 0.143 |
| Year Built | 1945 |
| Legal | LOT 18 BLK 1 GRAHAM R NILES ADDN |
| Neighborhood | 59CEN |
| Land | $1,554,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,554,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,187,635 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,187,635 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,187,635 |
| Taxable Value | $1,187,635 |
|---|
Appreciation: Market value has risen +37.8% from $861,600 (2021) to $1,187,635 (2025), a CAGR of 8.4% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $24,305. 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 131% of market value ($1,554,500 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~81-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 $1,187,635, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,773,800 by 2030, with an estimated annual tax burden around $33,414. 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 | 3,000 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,252 SF | ✗ |
| 1ST | 1st Floor | 1,430 SF | ✓ |
| 2ND | 2nd Floor | 822 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 380 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 260 SF | ✗ |
| 591 | MASONRY TRIM SF | 200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 25 SF | ✗ |
Market value changed by 81% 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% | $10,988.00 | $10,988.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,223.41 | $6,223.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,463.67 | $4,463.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,401.68 | $1,401.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,228.01 | $1,228.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,304.77 | $24,304.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,206,448 | $1,187,635 | +1.6% |
| Assessed Value | $1,206,448 | $1,187,635 | +1.6% |
| Land Value | $1,554,500 | $1,554,500 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,206,448 | $1,187,635 | +1.6% |
| Total Tax 2026 = estimate |
~$24,690
Estimated
|
~$24,305
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,145,991 | $1,206,448 | -939,543 (-43.8%) |
| Taxable Value | $2,145,991 | $1,206,448 | -939,543 (-43.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,206,448 | $1,554,500 | — | — | $1,206,448 | $1,206,448 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,187,635 | $1,554,500 | — | — | $1,187,635 | $1,187,635 | ~$24,305 | Partial |
| 2024 | $1,038,679 | — | — | — | $1,038,679 | $— | $20,585 | Verified |
| 2023 | $1,023,200 | — | — | −$90,500 | $932,700 | $— | $18,792 | Verified |
| 2022 | $836,758 | — | — | — | $932,700 ! | $— | $20,207 | Verified |
| 2021 | $861,600 | — | — | −$115,440 | $746,160 | $— | $18,214 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +80.7% ! | +80.7% | ~100% | Not available | Partial |
| 2025 | +14.3% | +14.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +1.5% | +1.5% | ~100% | 1.8100% | Verified |
| 2022 | +22.3% | +22.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +7.4% | +8.0% | +22.3% | 2023 | -2.9% | 2022 |
| Assessment Ratio | 100.0% | 98.2% | — | 111.5% | 2022 | 86.6% | 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 |
$24,305 | $20,421 | ~$29,554 | $24,305 | 2025 | $18,214 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,286,848 | ~$1,286,848 | ~2.0139% | ~$25,916 | +8.4% |
| 2027 | ~$1,394,349 | ~$1,394,349 | ~1.9814% | ~$27,627 | +17.4% |
| 2028 | ~$1,510,831 | ~$1,510,831 | ~1.9488% | ~$29,444 | +27.2% |
| 2029 | ~$1,637,044 | ~$1,637,044 | ~1.9163% | ~$31,371 | +37.8% |
| 2030 | ~$1,773,800 | ~$1,773,800 | ~1.8837% | ~$33,414 | +49.4% |
| 2026 | ~$1,263,095 | ~$1,263,095 | ~2.0465% | ~$25,849 | +6.4% |
| 2027 | ~$1,343,351 | ~$1,343,351 | ~2.0465% | ~$27,491 | +13.1% |
| 2028 | ~$1,428,705 | ~$1,428,705 | ~2.0465% | ~$29,238 | +20.3% |
| 2029 | ~$1,519,483 | ~$1,519,483 | ~2.0465% | ~$31,096 | +27.9% |
| 2030 | ~$1,616,028 | ~$1,616,028 | ~2.0465% | ~$33,072 | +36.1% |
| 2026 | ~$1,310,601 | ~$1,306,398 | ~1.9977% | ~$26,097 | +10.4% |
| 2027 | ~$1,446,298 | ~$1,437,038 | ~1.9488% | ~$28,006 | +21.8% |
| 2028 | ~$1,596,046 | ~$1,580,742 | ~1.9000% | ~$30,034 | +34.4% |
| 2029 | ~$1,761,298 | ~$1,738,816 | ~1.8512% | ~$32,189 | +48.3% |
| 2030 | ~$1,943,660 | ~$1,912,698 | ~1.8024% | ~$34,474 | +63.7% |
In 2025, this property's market value of $1,187,635 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% 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 | $1,187,635 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,038,679 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,023,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $836,758 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $861,600 | $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.