1300 E 5 ST TX 78702
| Owner | 1300 EAST 5TH ST AUSTIN OWNER LLC |
|---|---|
| Parcel ID | 0204061014 |
| Short ID | 191861 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 49,671 SF |
| Land SF | 38,475 SF |
| Acres | 0.883 |
| Year Built | 2022 |
| Legal | LOT 7-12 BLK 3 OLT 3 DIVISION A |
| Neighborhood | 60EAS |
| Land | $6,733,125 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,733,125 |
| Improvement | $27,018,629 |
|---|---|
| Total Improvement | $27,018,629 |
| Market | $33,751,754 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $33,751,754 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $33,751,754 |
| Taxable Value | $33,751,754 |
|---|
Appreciation: Market value has risen +532.8% from $5,333,876 (2021) to $33,751,754 (2025), a CAGR of 58.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $690,725. 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 20% of market value ($6,733,125 land vs $27,018,629 improvements), about $175/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $33,751,754, this parcel sits in the top quartile (≥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 +58.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $338,737,390 by 2030, with an estimated annual tax burden around $1,023,956. 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 |
|---|---|---|---|
| 387 | PARKING GAR UNDR | 108,000 SF | ✓ |
| 3RD | 3rd Floor | 37,022 SF | ✓ |
| 4TH | 4th Floor | 36,850 SF | ✓ |
| 5TH | 5th Floor | 36,450 SF | ✓ |
| 187 | PARKING GARAGE | 36,000 SF | ✓ |
| 1ST | 1st Floor | 12,649 SF | ✓ |
Market value changed by 270% in 2023, 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% | $312,271.23 | $312,271.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $176,864.93 | $176,864.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $126,854.28 | $126,854.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $39,834.83 | $39,834.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $34,899.31 | $34,899.31 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $690,724.58 | $690,724.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $37,405,503 | $33,751,754 | +10.8% |
| Assessed Value | $37,405,503 | $33,751,754 | +10.8% |
| Land Value | $6,733,125 | $6,733,125 | +0.0% |
| Improvement Value | $30,672,378 | $27,018,629 | +13.5% |
| Taxable Value | $37,405,503 | $33,751,754 | +10.8% |
| Total Tax 2026 = estimate |
~$765,498
Estimated
|
~$690,725
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $39,647,221 | $37,405,503 | -2,241,718 (-5.7%) |
| Taxable Value | $39,647,221 | $37,405,503 | -2,241,718 (-5.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $37,405,503 | $6,733,125 | $30,672,378 | — | $37,405,503 | $37,405,503 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $33,751,754 | $6,733,125 | $27,018,629 | — | $33,751,754 | $33,751,754 | ~$690,725 | Partial |
| 2024 | $29,027,311 | — | — | −$22,294,186 | $6,733,125 | $— | $730,917 | Verified |
| 2023 | $7,837,495 | — | — | −$1,104,370 | $6,733,125 | $— | $525,176 | Verified |
| 2022 | $5,696,427 | — | — | −$887,052 | $4,809,375 | $— | $154,784 | Verified |
| 2021 | $5,333,876 | — | — | −$716,876 | $4,617,000 | $— | $123,993 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.5% | +17.5% | ~100% | Not available | Partial |
| 2025 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2024 | +27.1% | +27.1% | ~100% | 1.9800% | Verified |
| 2023 | +270.4% ! | +270.4% | ~100% | 1.8100% | Verified |
| 2022 | +37.6% | +37.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +492.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.8% | +68.4% | +55.5% | +270.4% | 2024 | +6.8% | 2022 |
| Assessment Ratio | 100.0% | 80.0% | — | 100.0% | 2025 | 23.2% | 2024 |
| 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 |
$690,725 | $445,119 | ~$880,660 | $730,917 | 2024 | $123,993 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$53,531,536 | ~$37,126,929 | ~2.0139% | ~$747,713 | +58.6% |
| 2027 | ~$84,903,005 | ~$40,839,622 | ~1.9814% | ~$809,191 | +151.6% |
| 2028 | ~$134,659,321 | ~$44,923,585 | ~1.9488% | ~$875,489 | +299.0% |
| 2029 | ~$213,574,687 | ~$49,415,943 | ~1.9163% | ~$946,953 | +532.8% |
| 2030 | ~$338,737,390 | ~$54,357,537 | ~1.8837% | ~$1,023,956 | +903.6% |
| 2026 | ~$52,856,501 | ~$37,126,929 | ~2.0465% | ~$759,797 | +56.6% |
| 2027 | ~$82,775,245 | ~$40,839,622 | ~2.0465% | ~$835,777 | +145.2% |
| 2028 | ~$129,629,109 | ~$44,923,585 | ~2.0465% | ~$919,354 | +284.1% |
| 2029 | ~$203,004,001 | ~$49,415,943 | ~2.0465% | ~$1,011,290 | +501.5% |
| 2030 | ~$317,911,809 | ~$54,357,537 | ~2.0465% | ~$1,112,419 | +841.9% |
| 2026 | ~$54,206,571 | ~$37,126,929 | ~1.9977% | ~$741,671 | +60.6% |
| 2027 | ~$87,057,767 | ~$40,839,622 | ~1.9488% | ~$795,899 | +157.9% |
| 2028 | ~$139,818,009 | ~$44,923,585 | ~1.9000% | ~$853,556 | +314.3% |
| 2029 | ~$224,552,918 | ~$49,415,943 | ~1.8512% | ~$914,785 | +565.3% |
| 2030 | ~$360,640,331 | ~$54,357,537 | ~1.8024% | ~$979,725 | +968.5% |
In 2025, this property's market value of $33,751,754 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 24× 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 | $33,751,754 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $29,027,311 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,837,495 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,696,427 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,333,876 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.