1600 E 4 ST TX 78702
| Owner | FOUNDRY PARCEL II OWNER LLC |
|---|---|
| Parcel ID | 0204080313 |
| Short ID | 191952 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 118,512 SF |
| Land SF | 36,529 SF |
| Acres | 0.839 |
| Year Built | 2020 |
| Legal | LOT 1-6 BLK 1 OLT 5 DIV O FRAZIER WM |
| Neighborhood | 51EAS |
| Land | $6,392,488 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,392,488 |
| Improvement | $66,097,693 |
|---|---|
| Total Improvement | $66,097,693 |
| Market | $72,490,181 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $72,490,181 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $72,490,181 |
| Taxable Value | $72,490,181 |
|---|
Appreciation: Market value has risen +1625.6% from $4,200,778 (2021) to $72,490,181 (2025), a CAGR of 103.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $1,483,501. 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 9% of market value ($6,392,488 land vs $66,097,693 improvements), about $175/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $72,490,181, 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 +103.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,549,564,485 by 2030, with an estimated annual tax burden around $2,199,197. 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 |
|---|---|---|---|
| 387 | PARKING GAR UNDR | 133,020 SF | ✓ |
| 1ST | 1st Floor | 68,760 SF | ✓ |
| 4TH | 4th Floor | 33,269 SF | ✓ |
| 3RD | 3rd Floor | 33,264 SF | ✓ |
| 5TH | 5th Floor | 33,255 SF | ✓ |
| 2ND | 2nd Floor | 16,488 SF | ✓ |
Market value changed by 263% in 2022, 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% | $637,319.93 | $637,319.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $360,966.79 | $360,966.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $258,899.17 | $258,899.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $81,299.62 | $81,299.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $71,226.63 | $71,226.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,409,712.14 | $1,409,712.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,053,840 | $72,490,181 | -6.1% |
| Assessed Value | $68,053,840 | $72,490,181 | -6.1% |
| Land Value | $6,392,488 | $6,392,488 | +0.0% |
| Improvement Value | $61,661,352 | $66,097,693 | -6.7% |
| Taxable Value | $68,053,840 | $72,490,181 | -6.1% |
| Total Tax 2026 = estimate |
~$1,392,712
Estimated
|
~$1,409,712
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $68,053,840 | $68,053,840 | +0 (+0.0%) |
| Taxable Value | $68,053,840 | $68,053,840 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $68,053,840 | $6,392,488 | $61,661,352 | — | $68,053,840 | $68,053,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $72,490,181 | $6,392,488 | $66,097,693 | — | $72,490,181 | $72,490,181 | ~$1,409,712 | Partial |
| 2024 | $91,313,205 | — | — | −$84,920,717 | $6,392,488 | $— | $1,536,723 | Verified |
| 2023 | $91,500,000 | — | — | −$85,107,512 | $6,392,488 | $— | $1,652,081 | Verified |
| 2022 | $27,560,047 | — | — | −$22,993,984 | $4,566,063 | $— | $1,815,444 | Verified |
| 2021 | $4,200,778 | — | — | — | $4,200,778 | $— | $599,894 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2025 | -9.3% | -9.3% | ~100% | Not available | Partial |
| 2024 | -12.5% | -12.5% | ~100% | 1.9200% | Verified |
| 2023 | -8.7% | -8.7% | ~100% | 1.8100% | Verified |
| 2022 | +262.8% ! | +262.8% | ~100% | 1.8200% | Verified |
| 2021 | base year | — | ~100% | 14.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +163.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.1% | +152.2% | +106.5% | +556.1% | 2022 | -20.6% | 2025 |
| Assessment Ratio | 100.0% | 55.1% | — | 100.0% | 2021 | 7.0% | 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 |
$1,409,712 | $1,402,771 | ~$1,891,435 | $1,815,444 | 2022 | $599,894 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$147,746,277 | ~$79,739,199 | ~2.0139% | ~$1,605,897 | +103.8% |
| 2027 | ~$301,129,921 | ~$87,713,119 | ~1.9814% | ~$1,737,937 | +315.4% |
| 2028 | ~$613,749,674 | ~$96,484,431 | ~1.9488% | ~$1,880,327 | +746.7% |
| 2029 | ~$1,250,917,411 | ~$106,132,874 | ~1.9163% | ~$2,033,815 | +1625.6% |
| 2030 | ~$2,549,564,485 | ~$116,746,161 | ~1.8837% | ~$2,199,197 | +3417.1% |
| 2026 | ~$146,296,474 | ~$79,739,199 | ~2.0465% | ~$1,631,851 | +101.8% |
| 2027 | ~$295,249,066 | ~$87,713,119 | ~2.0465% | ~$1,795,036 | +307.3% |
| 2028 | ~$595,858,594 | ~$96,484,431 | ~2.0465% | ~$1,974,539 | +722.0% |
| 2029 | ~$1,202,535,433 | ~$106,132,874 | ~2.0465% | ~$2,171,993 | +1558.9% |
| 2030 | ~$2,426,903,770 | ~$116,746,161 | ~2.0465% | ~$2,389,193 | +3247.9% |
| 2026 | ~$149,196,081 | ~$79,739,199 | ~1.9977% | ~$1,592,920 | +105.8% |
| 2027 | ~$307,068,769 | ~$87,713,119 | ~1.9488% | ~$1,709,388 | +323.6% |
| 2028 | ~$631,995,344 | ~$96,484,431 | ~1.9000% | ~$1,833,220 | +771.8% |
| 2029 | ~$1,300,744,837 | ~$106,132,874 | ~1.8512% | ~$1,964,725 | +1694.4% |
| 2030 | ~$2,677,135,433 | ~$116,746,161 | ~1.8024% | ~$2,104,199 | +3593.1% |
In 2025, this property's market value of $72,490,181 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 51× 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 | $72,490,181 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $91,313,205 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $91,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $27,560,047 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,200,778 | $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.