1601 E 5 ST 108 TX 78702
| Owner | UNGAR BROTHERS LLC |
|---|---|
| Parcel ID | 0204081109 |
| Short ID | 708969 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 732 SF |
| Land SF | 870 SF |
| Acres | 0.020 |
| Year Built | 2005 |
| Legal | UNT 108 SALTILLO LOFTS CONDOMINIUM AMENDED PLUS 1.9819 % INT IN COM AREA |
| Neighborhood | 24EC01 |
| Land | $108,690 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $108,690 |
| Improvement | $290,356 |
|---|---|
| Total Improvement | $290,356 |
| Market | $399,046 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $399,046 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $399,046 |
| Taxable Value | $399,046 |
|---|
| Total Due | $7,728.10 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +14.0% from $350,000 (2021) to $399,046 (2025), a CAGR of 3.3% over 4 years. Growth has been relatively flat for this asset class. 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 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 $8,166. 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 27% of market value ($108,690 land vs $290,356 improvements), about $125/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $399,046, this parcel sits in the bottom quartile (<25th 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 +3.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $470,129 by 2030, with an estimated annual tax burden around $8,856. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $7,728.10 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 732 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +185 |
| Travis County | 0.3444% | 0.3758% | +125 |
| Austin ISD | 0.9505% | 0.9252% | -101 |
| Travis Central Health | 0.1080% | 0.1180% | +40 |
| Austin Community College | 0.1013% | 0.1034% | +8 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $3,691.97 | $653.88 | $3,038.09 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,091.07 | $370.34 | $1,720.73 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,499.79 | $265.62 | $1,234.17 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $470.97 | $83.41 | $387.56 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $412.61 | $73.07 | $339.54 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,166.41 | $1,446.32 | $6,720.09 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $430,113 | $399,046 | +7.8% |
| Assessed Value | $430,113 | $399,046 | +7.8% |
| Land Value | $108,690 | $108,690 | +0.0% |
| Improvement Value | $321,423 | $290,356 | +10.7% |
| Taxable Value | $430,113 | $399,046 | +7.8% |
| Total Tax 2026 = estimate |
~$8,802
Estimated
|
$8,166 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $430,113 | $430,113 | +0 (+0.0%) |
| Taxable Value | $430,113 | $430,113 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $430,113 | $108,690 | $321,423 | — | $430,113 | $430,113 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $399,046 | $108,690 | $290,356 | — | $399,046 | $399,046 | $8,166 | Verified |
| 2024 | $442,271 | — | — | −$333,581 | $108,690 | $— | $8,713 | Verified |
| 2023 | $396,420 | — | — | −$287,730 | $108,690 | $— | $8,002 | Verified |
| 2022 | $352,000 | — | — | −$243,310 | $108,690 | $— | $7,829 | Verified |
| 2021 | $350,000 | — | — | −$250,005 | $99,995 | $— | $7,662 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.8% | +7.8% | ~100% | Not available | Partial |
| 2025 | -29.0% | -24.8% | ~100% | 2.0500% | Verified |
| 2024 | +19.5% | +12.8% | 94.4% | 1.5500% | Verified |
| 2023 | +11.6% | +11.6% | ~100% | 1.7000% | Verified |
| 2022 | +12.1% | +12.1% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.8% | +4.6% | +1.8% | +12.6% | 2023 | -9.8% | 2025 |
| Assessment Ratio | 100.0% | 51.9% | — | 100.0% | 2025 | 24.6% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $8,166 | $8,074 | ~$8,580 | $8,713 | 2024 | $7,662 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$412,346 | ~$412,346 | ~2.0139% | ~$8,304 | +3.3% |
| 2027 | ~$426,089 | ~$426,089 | ~1.9814% | ~$8,442 | +6.8% |
| 2028 | ~$440,290 | ~$440,290 | ~1.9488% | ~$8,581 | +10.3% |
| 2029 | ~$454,965 | ~$454,965 | ~1.9163% | ~$8,718 | +14.0% |
| 2030 | ~$470,129 | ~$470,129 | ~1.8837% | ~$8,856 | +17.8% |
| 2026 | ~$404,365 | ~$404,365 | ~2.0465% | ~$8,275 | +1.3% |
| 2027 | ~$409,755 | ~$409,755 | ~2.0465% | ~$8,386 | +2.7% |
| 2028 | ~$415,217 | ~$415,217 | ~2.0465% | ~$8,497 | +4.1% |
| 2029 | ~$420,751 | ~$420,751 | ~2.0465% | ~$8,611 | +5.4% |
| 2030 | ~$426,359 | ~$426,359 | ~2.0465% | ~$8,725 | +6.8% |
| 2026 | ~$420,327 | ~$420,327 | ~1.9977% | ~$8,397 | +5.3% |
| 2027 | ~$442,743 | ~$442,743 | ~1.9488% | ~$8,628 | +11.0% |
| 2028 | ~$466,354 | ~$466,354 | ~1.9000% | ~$8,861 | +16.9% |
| 2029 | ~$491,224 | ~$491,224 | ~1.8512% | ~$9,094 | +23.1% |
| 2030 | ~$517,421 | ~$517,421 | ~1.8024% | ~$9,326 | +29.7% |
In 2025, this property's market value of $399,046 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -72% 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 | $399,046 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $442,271 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $396,420 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $352,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $350,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.