3404 JEFFERSON ST TX
| Owner | EC REAL ESTATE INVESTMENTS LLC |
|---|---|
| Parcel ID | 0120010914 |
| Short ID | 120336 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,477 SF |
| Land SF | 10,541 SF |
| Acres | 0.242 |
| Year Built | 1950 |
| Legal | LOT 14 LESS E 151 SQ FT BLK 3 BRYKERWOODS E |
| Neighborhood | 59CEN |
| Land | $1,054,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,054,100 |
| Improvement | $26,017 |
|---|---|
| Total Improvement | $26,017 |
| Market | $1,080,117 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,080,117 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,080,117 |
| Taxable Value | $1,080,117 |
|---|
Appreciation: Market value has risen +8.0% from $999,791 (2021) to $1,080,117 (2025), a CAGR of 2.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $22,104. 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 98% of market value ($1,054,100 land vs $26,017 improvements), about $100/SF of land. With value concentrated in the land under a ~76-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 $1,080,117, 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 +1.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,189,660 by 2030, with an estimated annual tax burden around $22,410. 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 | 4,100 SF | ✗ |
| 1ST | 1st Floor | 2,477 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,477 SF | ✗ |
| 591 | MASONRY TRIM SF | 640 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 252 SF | ✗ |
| 611 | TERRACE | 48 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% | $9,993.24 | $9,993.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,660.00 | $5,660.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,059.57 | $4,059.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,274.79 | $1,274.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,116.84 | $1,116.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,104.44 | $22,104.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,533,796 | $1,080,117 | +42.0% |
| Assessed Value | $1,296,140 | $1,080,117 | +20.0% |
| Land Value | $1,054,100 | $1,054,100 | +0.0% |
| Improvement Value | $479,696 | $26,017 | +1743.8% |
| Taxable Value | $1,296,140 | $1,080,117 | +20.0% |
| HS Cap Loss | -$237,656 | — | |
| Total Tax 2026 = estimate |
~$26,525
Estimated
|
~$22,104
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,716,030 | $1,533,796 | -182,234 (-10.6%) |
| Taxable Value | $1,296,140 | $1,296,140 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,533,796 | $1,054,100 | $479,696 | −$237,656 | $1,296,140 | $1,296,140 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,080,117 | $1,054,100 | $26,017 | — | $1,080,117 | $1,080,117 | ~$22,104 | Partial |
| 2024 | $1,458,950 | — | — | −$404,850 | $1,054,100 | $— | $21,406 | Verified |
| 2023 | $1,290,080 | — | — | −$235,980 | $1,054,100 | $— | $26,396 | Verified |
| 2022 | $1,249,506 | — | — | −$406,226 | $843,280 | $— | $25,478 | Verified |
| 2021 | $999,791 | — | — | −$156,511 | $843,280 | $— | $27,198 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +58.9% | +20.0% | 75.5% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -26.0% | -26.0% | ~100% | 1.9800% | Verified |
| 2023 | +13.1% | +13.1% | ~100% | 1.8100% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.0% | +11.5% | -4.1% | +42.0% | 2026 | -26.0% | 2025 |
| Assessment Ratio | 84.5% | 81.7% | — | 100.0% | 2025 | 67.5% | 2022 |
| 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 |
$22,104 | $24,516 | ~$22,300 | $27,198 | 2021 | $21,406 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,101,187 | ~$1,101,187 | ~2.0139% | ~$22,177 | +2.0% |
| 2027 | ~$1,122,669 | ~$1,122,669 | ~1.9814% | ~$22,244 | +3.9% |
| 2028 | ~$1,144,569 | ~$1,144,569 | ~1.9488% | ~$22,306 | +6.0% |
| 2029 | ~$1,166,897 | ~$1,166,897 | ~1.9163% | ~$22,361 | +8.0% |
| 2030 | ~$1,189,660 | ~$1,189,660 | ~1.8837% | ~$22,410 | +10.1% |
| 2026 | ~$1,079,585 | ~$1,079,585 | ~2.0465% | ~$22,094 | -0.0% |
| 2027 | ~$1,079,053 | ~$1,079,053 | ~2.0465% | ~$22,083 | -0.1% |
| 2028 | ~$1,078,522 | ~$1,078,522 | ~2.0465% | ~$22,072 | -0.1% |
| 2029 | ~$1,077,990 | ~$1,077,990 | ~2.0465% | ~$22,061 | -0.2% |
| 2030 | ~$1,077,459 | ~$1,077,459 | ~2.0465% | ~$22,050 | -0.2% |
| 2026 | ~$1,122,790 | ~$1,122,790 | ~1.9977% | ~$22,430 | +4.0% |
| 2027 | ~$1,167,148 | ~$1,167,148 | ~1.9488% | ~$22,746 | +8.1% |
| 2028 | ~$1,213,259 | ~$1,213,259 | ~1.9000% | ~$23,052 | +12.3% |
| 2029 | ~$1,261,192 | ~$1,261,192 | ~1.8512% | ~$23,347 | +16.8% |
| 2030 | ~$1,311,018 | ~$1,311,018 | ~1.8024% | ~$23,629 | +21.4% |
In 2025, this property's market value of $1,080,117 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -24% 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 | $1,080,117 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,458,950 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,290,080 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,249,506 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $999,791 | $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.