1704 E 5 ST TX 78702
| Owner | 1705 EAST 6TH LP |
|---|---|
| Parcel ID | 0204080912 |
| Short ID | 192012 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,725 SF |
| Land SF | 8,640 SF |
| Acres | 0.198 |
| Year Built | 1985 |
| Legal | E CEN 67.5FT OF S128FT OF W 186.7FT OLT 6 DIVISION A |
| Neighborhood | 30CEN |
| Land | $1,296,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,296,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $910,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $910,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $910,000 |
| Taxable Value | $910,000 |
|---|
Appreciation: Market value has fallen -9.5% from $1,005,300 (2021) to $910,000 (2025), a CAGR of -2.5% over 4 years. Growth has been relatively flat for this asset class. 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 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 $18,623. 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 142% of market value ($1,296,000 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~41-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 $910,000, 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 -2.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $803,477 by 2030, with an estimated annual tax burden around $15,135. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,692 SF | ✗ |
| 1ST | 1st Floor | 3,725 SF | ✓ |
| 611 | TERRACE | 1,203 SF | ✗ |
| 501 | CANOPY | 1,035 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $8,419.32 | $8,419.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,768.55 | $4,768.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,420.19 | $3,420.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,074.01 | $1,074.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $940.94 | $940.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,623.01 | $18,623.01 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $910,000 | — |
| Assessed Value | — | $910,000 | — |
| Land Value | — | $1,296,000 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $910,000 | — |
| Total Tax | Pending certification |
~$18,623
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $910,000 | $1,296,000 | — | — | $910,000 | $910,000 | ~$18,623 | Partial |
| 2024 | $1,389,740 | — | — | −$93,740 | $1,296,000 | $— | $26,599 | Verified |
| 2023 | $1,148,686 | — | — | — | $1,296,000 ! | $— | $25,144 | Verified |
| 2022 | $891,752 | — | — | — | $1,080,000 ! | $— | $22,686 | Verified |
| 2021 | $1,005,300 | — | — | −$270,900 | $734,400 | $— | $19,411 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -32.2% | -32.2% | ~100% | Not available | Partial |
| 2024 | -3.4% | -3.4% | ~100% | 1.9800% | Verified |
| 2023 | +21.0% | +21.0% | ~100% | 1.8100% | Verified |
| 2022 | +28.8% | +28.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -34.5% | +1.0% | -2.5% | +28.8% | 2023 | -34.5% | 2025 |
| Assessment Ratio | 100.0% | 100.1% | — | 121.1% | 2022 | 73.1% | 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 |
$18,623 | $22,492 | ~$16,482 | $26,599 | 2024 | $18,623 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$887,622 | ~$887,622 | ~2.0139% | ~$17,876 | -2.5% |
| 2027 | ~$865,793 | ~$865,793 | ~1.9814% | ~$17,155 | -4.9% |
| 2028 | ~$844,502 | ~$844,502 | ~1.9488% | ~$16,458 | -7.2% |
| 2029 | ~$823,734 | ~$823,734 | ~1.9163% | ~$15,785 | -9.5% |
| 2030 | ~$803,477 | ~$803,477 | ~1.8837% | ~$15,135 | -11.7% |
| 2026 | ~$869,422 | ~$869,422 | ~2.0465% | ~$17,793 | -4.5% |
| 2027 | ~$830,652 | ~$830,652 | ~2.0465% | ~$16,999 | -8.7% |
| 2028 | ~$793,612 | ~$793,612 | ~2.0465% | ~$16,241 | -12.8% |
| 2029 | ~$758,224 | ~$758,224 | ~2.0465% | ~$15,517 | -16.7% |
| 2030 | ~$724,413 | ~$724,413 | ~2.0465% | ~$14,825 | -20.4% |
| 2026 | ~$905,822 | ~$905,822 | ~1.9977% | ~$18,095 | -0.5% |
| 2027 | ~$901,662 | ~$901,662 | ~1.9488% | ~$17,572 | -0.9% |
| 2028 | ~$897,522 | ~$897,522 | ~1.9000% | ~$17,053 | -1.4% |
| 2029 | ~$893,401 | ~$893,401 | ~1.8512% | ~$16,539 | -1.8% |
| 2030 | ~$889,299 | ~$889,299 | ~1.8024% | ~$16,028 | -2.3% |
In 2025, this property's market value of $910,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -36% 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 | $910,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,389,740 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,148,686 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $891,752 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,005,300 | $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.