1616 W 5 ST TX 78703
| Owner | 1616W5 LLC |
|---|---|
| Parcel ID | 0109040522 |
| Short ID | 107152 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,080 SF |
| Land SF | 11,000 SF |
| Acres | 0.253 |
| Year Built | 1971 |
| Legal | LOT 19-20 BLK 1 GRAHAM R NILES ADDN |
| Neighborhood | 1CBD2 |
| Land | $2,475,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,475,000 |
| Improvement | $38,000 |
|---|---|
| Total Improvement | $38,000 |
| Market | $2,513,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,513,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$133,240 |
| Net Appraised (assessed) | $2,379,760 |
| Taxable Value | $2,379,760 |
|---|
Appreciation: Market value has risen +106.0% from $1,220,000 (2021) to $2,513,000 (2025), a CAGR of 19.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $48,701. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,379,760) is $133,240 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 98% of market value ($2,475,000 land vs $38,000 improvements), about $225/SF of land. With value concentrated in the land under a ~55-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 $2,513,000, 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 +19.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,201,308 by 2030, with an estimated annual tax burden around $72,197. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,790 SF | ✗ |
| 1ST | 1st Floor | 4,080 SF | ✓ |
| 611 | TERRACE | 855 SF | ✗ |
| 881 | COMMCL FINISHOUT | 672 SF | ✓ |
| 501 | CANOPY | 224 SF | ✗ |
| 541 | FENCE COMM LF | 200 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% | $22,017.54 | $22,017.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,470.35 | $12,470.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,944.21 | $8,944.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,808.66 | $2,808.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,460.67 | $2,460.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,701.43 | $48,701.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,963,000 | $2,513,000 | -21.9% |
| Assessed Value | $1,963,000 | $2,379,760 | -17.5% |
| Land Value | $2,750,000 | $2,475,000 | +11.1% |
| Improvement Value | — | $38,000 | — |
| Taxable Value | $1,963,000 | $2,379,760 | -17.5% |
| Total Tax 2026 = estimate |
~$40,172
Estimated
|
~$48,701
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,925,598 | $1,963,000 | -962,598 (-32.9%) |
| Taxable Value | $2,855,712 | $1,963,000 | -892,712 (-31.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,963,000 | $2,750,000 | — | — | $1,963,000 | $1,963,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,513,000 | $2,475,000 | $38,000 | −$133,240 | $2,379,760 | $2,379,760 | ~$48,701 | Partial |
| 2024 | $1,652,611 | — | — | — | $2,475,000 ! | $— | $39,302 | Verified |
| 2023 | $1,846,830 | — | — | −$194,219 | $1,652,611 | $— | $29,900 | Verified |
| 2022 | $1,220,000 | — | — | — | $1,732,500 ! | $— | $36,473 | Verified |
| 2021 | $1,220,000 | — | — | −$32,000 | $1,188,000 | $— | $26,555 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.4% | +20.0% | 97.6% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 94.7% | Not available | Partial |
| 2024 | +52.1% | +20.0% | 78.9% | 1.5600% | Verified |
| 2023 | -10.5% | -10.5% | ~100% | 1.8100% | Verified |
| 2022 | +51.4% | +51.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +106.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.9% | +14.2% | +26.5% | +52.1% | 2025 | -21.9% | 2026 |
| Assessment Ratio | 100.0% | 112.2% | — | 149.8% | 2024 | 89.5% | 2023 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$48,701 | $36,186 | ~$62,094 | $48,701 | 2025 | $26,555 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,010,583 | ~$2,617,736 | ~2.0139% | ~$52,720 | +19.8% |
| 2027 | ~$3,606,690 | ~$2,879,510 | ~1.9814% | ~$57,054 | +43.5% |
| 2028 | ~$4,320,828 | ~$3,167,461 | ~1.9488% | ~$61,729 | +71.9% |
| 2029 | ~$5,176,368 | ~$3,484,207 | ~1.9163% | ~$66,768 | +106.0% |
| 2030 | ~$6,201,308 | ~$3,832,627 | ~1.8837% | ~$72,197 | +146.8% |
| 2026 | ~$2,960,323 | ~$2,617,736 | ~2.0465% | ~$53,572 | +17.8% |
| 2027 | ~$3,487,272 | ~$2,879,510 | ~2.0465% | ~$58,929 | +38.8% |
| 2028 | ~$4,108,019 | ~$3,167,461 | ~2.0465% | ~$64,822 | +63.5% |
| 2029 | ~$4,839,262 | ~$3,484,207 | ~2.0465% | ~$71,304 | +92.6% |
| 2030 | ~$5,700,669 | ~$3,832,627 | ~2.0465% | ~$78,434 | +126.8% |
| 2026 | ~$3,060,843 | ~$2,617,736 | ~1.9977% | ~$52,294 | +21.8% |
| 2027 | ~$3,728,119 | ~$2,879,510 | ~1.9488% | ~$56,117 | +48.4% |
| 2028 | ~$4,540,862 | ~$3,167,461 | ~1.9000% | ~$60,182 | +80.7% |
| 2029 | ~$5,530,787 | ~$3,484,207 | ~1.8512% | ~$64,499 | +120.1% |
| 2030 | ~$6,736,519 | ~$3,832,627 | ~1.8024% | ~$69,078 | +168.1% |
In 2025, this property's market value of $2,513,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +77% 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 | $2,513,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,652,611 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,846,830 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,220,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,220,000 | $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.