301 E 5 ST TX 78701
| Owner | 301 E 5TH STREET LTD & |
|---|---|
| Parcel ID | 0205021701 |
| Short ID | 192873 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 8,655 SF |
| Land SF | 11,776 SF |
| Acres | 0.270 |
| Year Built | 1925 |
| Legal | LOT 11-12 BLOCK 040 ORIGINAL CITY |
| Neighborhood | 32CBD |
| Land | $9,420,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,420,800 |
| Improvement | $207,166 |
|---|---|
| Total Improvement | $207,166 |
| Market | $9,627,966 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,627,966 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,627,966 |
| Taxable Value | $9,627,966 |
|---|
Appreciation: Market value has risen +52.8% from $6,300,000 (2021) to $9,627,966 (2025), a CAGR of 11.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $197,035. Austin ISD is the largest single contributor, at 43.4% 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 98% of market value ($9,420,800 land vs $207,166 improvements), about $800/SF of land. With value concentrated in the land under a ~101-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 $9,627,966, 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 +11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,359,764 by 2030, with an estimated annual tax burden around $292,092. 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 | 8,655 SF | ✓ |
| 491 | SPRINKLER HEADS | 8,655 SF | ✗ |
| 551 | PAVED AREA | 5,760 SF | ✗ |
| 501 | CANOPY | 2,415 SF | ✗ |
| 327 | STORAGE COMM'L | 180 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% | $89,077.94 | $89,077.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $50,452.18 | $50,452.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,186.23 | $36,186.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,363.21 | $11,363.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,955.32 | $9,955.32 | Paid |
| P2U | — | — | — | — | — | — | $8,443.37 | $8,443.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $205,478.25 | $205,478.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,349,228 | $9,627,966 | +49.0% |
| Assessed Value | $14,349,228 | $9,627,966 | +49.0% |
| Land Value | $14,131,200 | $9,420,800 | +50.0% |
| Improvement Value | $218,028 | $207,166 | +5.2% |
| Taxable Value | $14,349,228 | $9,627,966 | +49.0% |
| Total Tax 2026 = estimate |
~$293,655
Estimated
|
~$205,478
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,349,228 | $14,349,228 | +0 (+0.0%) |
| Taxable Value | $14,349,228 | $14,349,228 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,349,228 | $14,131,200 | $218,028 | — | $14,349,228 | $14,349,228 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,627,966 | $9,420,800 | $207,166 | — | $9,627,966 | $9,627,966 | ~$205,478 | Partial |
| 2024 | $7,841,521 | — | — | — | $9,420,800 ! | $— | $203,454 | Verified |
| 2023 | $5,900,000 | — | — | — | $7,841,521 ! | $— | $148,663 | Verified |
| 2022 | $5,774,190 | — | — | −$1,063,790 | $4,710,400 | $— | $121,920 | Verified |
| 2021 | $6,300,000 | — | — | −$1,589,600 | $4,710,400 | $— | $130,960 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +49.0% | +49.0% | ~100% | Not available | Partial |
| 2025 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2024 | +25.4% | +25.4% | ~100% | 2.0700% | Verified |
| 2023 | +32.9% | +32.9% | ~100% | 1.9000% | Verified |
| 2022 | +2.2% | +2.2% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +66.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +49.0% | +19.7% | +3.9% | +49.0% | 2026 | -8.3% | 2022 |
| Assessment Ratio | 100.0% | 101.6% | — | 132.9% | 2023 | 74.8% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$205,478 | $162,095 | ~$251,216 | $205,478 | 2025 | $121,920 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,704,911 | ~$10,590,763 | ~2.0139% | ~$213,291 | +11.2% |
| 2027 | ~$11,902,318 | ~$11,649,839 | ~1.9814% | ~$230,829 | +23.6% |
| 2028 | ~$13,233,662 | ~$12,814,823 | ~1.9488% | ~$249,740 | +37.5% |
| 2029 | ~$14,713,925 | ~$14,096,305 | ~1.9163% | ~$270,126 | +52.8% |
| 2030 | ~$16,359,764 | ~$15,505,936 | ~1.8837% | ~$292,092 | +69.9% |
| 2026 | ~$10,512,351 | ~$10,512,351 | ~2.0465% | ~$215,134 | +9.2% |
| 2027 | ~$11,477,973 | ~$11,477,973 | ~2.0465% | ~$234,895 | +19.2% |
| 2028 | ~$12,532,292 | ~$12,532,292 | ~2.0465% | ~$256,471 | +30.2% |
| 2029 | ~$13,683,457 | ~$13,683,457 | ~2.0465% | ~$280,030 | +42.1% |
| 2030 | ~$14,940,363 | ~$14,940,363 | ~2.0465% | ~$305,752 | +55.2% |
| 2026 | ~$10,897,470 | ~$10,590,763 | ~1.9977% | ~$211,568 | +13.2% |
| 2027 | ~$12,334,366 | ~$11,649,839 | ~1.9488% | ~$227,037 | +28.1% |
| 2028 | ~$13,960,724 | ~$12,814,823 | ~1.9000% | ~$243,484 | +45.0% |
| 2029 | ~$15,801,528 | ~$14,096,305 | ~1.8512% | ~$260,950 | +64.1% |
| 2030 | ~$17,885,052 | ~$15,505,936 | ~1.8024% | ~$279,475 | +85.8% |
In 2025, this property's market value of $9,627,966 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,627,966 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,841,521 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,774,190 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,300,000 | $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.