1712 E 5 ST TX 78702
| Owner | LEVEL 3 COMMUNICATIONS LLC |
|---|---|
| Parcel ID | 0204080917 |
| Short ID | 499314 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,840 SF |
| Land SF | 35,054 SF |
| Acres | 0.805 |
| Year Built | 1971 |
| Legal | LOT 2 BLK A 500 CHICON |
| Neighborhood | 61EAS |
| Land | $5,258,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,258,100 |
| Improvement | $1 |
|---|---|
| Total Improvement | $1 |
| Market | $5,258,101 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,258,101 |
| Value Limitation Adjustment (−) (homestead cap) | −$138,774 |
| Net Appraised (assessed) | $5,119,327 |
| Taxable Value | $5,119,327 |
|---|
Appreciation: Market value has risen +73.8% from $3,025,913 (2021) to $5,258,101 (2025), a CAGR of 14.8% 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 $104,766. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($5,119,327) is $138,774 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 100% of market value ($5,258,100 land vs $1 improvements), about $150/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 $5,258,101, 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 +14.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,490,460 by 2030, with an estimated annual tax burden around $155,309. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,840 SF | ✓ |
| 093 | HVAC COMMRCL SF | 4,840 SF | ✗ |
| 551 | PAVED AREA | 2,250 SF | ✗ |
| 435 | FENCE IRON LF | 780 SF | ✗ |
| 501 | CANOPY | 60 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% | $47,364.01 | $47,364.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,826.14 | $26,826.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,240.73 | $19,240.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,041.98 | $6,041.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,293.38 | $5,293.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $104,766.24 | $104,766.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,286,782 | $5,258,101 | +0.5% |
| Assessed Value | $5,286,782 | $5,119,327 | +3.3% |
| Land Value | $5,258,100 | $5,258,100 | +0.0% |
| Improvement Value | $28,682 | $1 | +2868100.0% |
| Taxable Value | $5,286,782 | $5,119,327 | +3.3% |
| Total Tax 2026 = estimate |
~$108,193
Estimated
|
~$104,766
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,809,650 | $5,286,782 | -522,868 (-9.0%) |
| Taxable Value | $5,809,650 | $5,286,782 | -522,868 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,286,782 | $5,258,100 | $28,682 | — | $5,286,782 | $5,286,782 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,258,101 | $5,258,100 | $1 | −$138,774 | $5,119,327 | $5,119,327 | ~$104,766 | Partial |
| 2024 | $4,644,690 | — | — | −$378,584 | $4,266,106 | $— | $84,546 | Verified |
| 2023 | $4,536,366 | — | — | — | $4,644,690 ! | $— | $84,034 | Verified |
| 2022 | $3,027,398 | — | — | — | $4,381,750 ! | $— | $89,590 | Verified |
| 2021 | $3,025,913 | — | — | −$46,323 | $2,979,590 | $— | $65,897 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.5% | +13.5% | ~100% | Not available | Partial |
| 2025 | +23.3% | +20.0% | 97.4% | Not available | Partial |
| 2024 | -22.1% | -22.1% | ~100% | 1.9800% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.5300% | Verified |
| 2022 | +49.8% | +49.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +13.2% | +14.7% | +49.8% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 105.8% | — | 144.7% | 2022 | 91.8% | 2024 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$104,766 | $85,767 | ~$133,575 | $104,766 | 2025 | $65,897 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,037,012 | ~$5,631,260 | ~2.0139% | ~$113,410 | +14.8% |
| 2027 | ~$6,931,308 | ~$6,194,386 | ~1.9814% | ~$122,735 | +31.8% |
| 2028 | ~$7,958,080 | ~$6,813,824 | ~1.9488% | ~$132,790 | +51.3% |
| 2029 | ~$9,136,953 | ~$7,495,207 | ~1.9163% | ~$143,630 | +73.8% |
| 2030 | ~$10,490,460 | ~$8,244,727 | ~1.8837% | ~$155,309 | +99.5% |
| 2026 | ~$5,931,850 | ~$5,631,260 | ~2.0465% | ~$115,243 | +12.8% |
| 2027 | ~$6,691,930 | ~$6,194,386 | ~2.0465% | ~$126,767 | +27.3% |
| 2028 | ~$7,549,404 | ~$6,813,824 | ~2.0465% | ~$139,444 | +43.6% |
| 2029 | ~$8,516,750 | ~$7,495,207 | ~2.0465% | ~$153,388 | +62.0% |
| 2030 | ~$9,608,047 | ~$8,244,727 | ~2.0465% | ~$168,727 | +82.7% |
| 2026 | ~$6,142,174 | ~$5,631,260 | ~1.9977% | ~$112,494 | +16.8% |
| 2027 | ~$7,174,891 | ~$6,194,386 | ~1.9488% | ~$120,719 | +36.5% |
| 2028 | ~$8,381,245 | ~$6,813,824 | ~1.9000% | ~$129,464 | +59.4% |
| 2029 | ~$9,790,429 | ~$7,495,207 | ~1.8512% | ~$138,751 | +86.2% |
| 2030 | ~$11,436,547 | ~$8,244,727 | ~1.8024% | ~$148,601 | +117.5% |
In 2025, this property's market value of $5,258,101 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,258,101 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,644,690 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,536,366 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,027,398 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,025,913 | $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.