1800 E 4 ST 124 TX
| Owner | GWAPSWAP LLC |
|---|---|
| Parcel ID | 0204081412 |
| Short ID | 914882 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,556 SF |
| Land SF | 1,420 SF |
| Acres | 0.033 |
| Year Built | 2017 |
| Legal | UNT COMMERCIAL MASTER UNIT 124 FOURTH & MASTER CONDOMINIUMS AMD PLUS 1.44 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $177,464 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $177,464 |
| Improvement | $796,718 |
|---|---|
| Total Improvement | $796,718 |
| Market | $974,182 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $974,182 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $974,182 |
| Taxable Value | $974,182 |
|---|
Appreciation: Market value has risen +100.6% from $485,700 (2021) to $974,182 (2025), a CAGR of 19.0% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $19,936. 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 18% of market value ($177,464 land vs $796,718 improvements), about $125/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $974,182, 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 +19.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,325,306 by 2030, with an estimated annual tax burden around $29,555. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,556 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% | $9,013.13 | $9,013.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,104.88 | $5,104.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,661.41 | $3,661.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,149.76 | $1,149.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,007.30 | $1,007.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,936.48 | $19,936.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $875,000 | $974,182 | -10.2% |
| Assessed Value | $875,000 | $974,182 | -10.2% |
| Land Value | $177,464 | $177,464 | +0.0% |
| Improvement Value | $697,536 | $796,718 | -12.4% |
| Taxable Value | $875,000 | $974,182 | -10.2% |
| Total Tax 2026 = estimate |
~$17,907
Estimated
|
~$19,936
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,063,493 | $875,000 | -188,493 (-17.7%) |
| Taxable Value | $1,063,493 | $875,000 | -188,493 (-17.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $875,000 | $177,464 | $697,536 | — | $875,000 | $875,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $974,182 | $177,464 | $796,718 | — | $974,182 | $974,182 | ~$19,936 | Partial |
| 2024 | $670,802 | — | — | −$493,338 | $177,464 | $— | $19,812 | Verified |
| 2023 | $587,300 | — | — | −$409,836 | $177,464 | $— | $12,136 | Verified |
| 2022 | $520,248 | — | — | −$342,784 | $177,464 | $— | $11,599 | Verified |
| 2021 | $485,700 | — | — | −$386,320 | $99,380 | $— | $11,324 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.2% | +9.2% | ~100% | Not available | Partial |
| 2025 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2024 | +49.0% | +49.0% | ~100% | 1.9800% | Verified |
| 2023 | +14.2% | +14.2% | ~100% | 1.8100% | Verified |
| 2022 | +12.9% | +12.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +87.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.2% | +13.8% | +21.7% | +45.2% | 2025 | -10.2% | 2026 |
| Assessment Ratio | 100.0% | 51.9% | — | 100.0% | 2025 | 20.5% | 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 |
$19,936 | $14,962 | ~$25,419 | $19,936 | 2025 | $11,324 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,159,333 | ~$1,071,600 | ~2.0139% | ~$21,581 | +19.0% |
| 2027 | ~$1,379,673 | ~$1,178,760 | ~1.9814% | ~$23,356 | +41.6% |
| 2028 | ~$1,641,890 | ~$1,296,636 | ~1.9488% | ~$25,269 | +68.5% |
| 2029 | ~$1,953,944 | ~$1,426,300 | ~1.9163% | ~$27,332 | +100.6% |
| 2030 | ~$2,325,306 | ~$1,568,930 | ~1.8837% | ~$29,555 | +138.7% |
| 2026 | ~$1,139,849 | ~$1,071,600 | ~2.0465% | ~$21,930 | +17.0% |
| 2027 | ~$1,333,689 | ~$1,178,760 | ~2.0465% | ~$24,123 | +36.9% |
| 2028 | ~$1,560,493 | ~$1,296,636 | ~2.0465% | ~$26,535 | +60.2% |
| 2029 | ~$1,825,867 | ~$1,426,300 | ~2.0465% | ~$29,189 | +87.4% |
| 2030 | ~$2,136,370 | ~$1,568,930 | ~2.0465% | ~$32,108 | +119.3% |
| 2026 | ~$1,178,816 | ~$1,071,600 | ~1.9977% | ~$21,407 | +21.0% |
| 2027 | ~$1,426,436 | ~$1,178,760 | ~1.9488% | ~$22,972 | +46.4% |
| 2028 | ~$1,726,070 | ~$1,296,636 | ~1.9000% | ~$24,636 | +77.2% |
| 2029 | ~$2,088,644 | ~$1,426,300 | ~1.8512% | ~$26,404 | +114.4% |
| 2030 | ~$2,527,379 | ~$1,568,930 | ~1.8024% | ~$28,278 | +159.4% |
In 2025, this property's market value of $974,182 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% 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 | $974,182 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $670,802 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $587,300 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $520,248 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $485,700 | $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.