301 W 5 ST TX 78701
| Owner | FIFTH AND LAVACA REPUBLIC SQUARE LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0206011205 |
| Short ID | 194285 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | — |
| Legal | LOT 7-9 BLOCK 045 ORIGINAL CITY |
| Neighborhood | 08HIR |
| Land | $18,370,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,370,560 |
| Improvement | $174,409,440 |
|---|---|
| Total Improvement | $174,409,440 |
| Market | $192,780,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $192,780,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $192,780,000 |
| Taxable Value | $192,780,000 |
|---|
Appreciation: Market value has risen +2418.6% from $7,654,400 (2021) to $192,780,000 (2025), a CAGR of 124.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $3,945,214. Austin ISD is the largest single contributor, at 43.3% of the total 2025 levy.
Asset Class: Multi-family residential. 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 10% of market value ($18,370,560 land vs $174,409,440 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $192,780,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +124.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,876,783,994 by 2030, with an estimated annual tax burden around $204,890,603. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 364,532 SF | ✓ |
| 187 | PARKING GARAGE | 163,800 SF | ✓ |
Market value changed by 127% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $1,783,600.56 | $1,783,600.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,010,199.97 | $1,010,199.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $724,553.99 | $724,553.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $227,524.74 | $227,524.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $199,334.52 | $199,334.52 | Paid |
| P2U | — | — | — | — | — | — | $177,859.00 | $177,859.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,123,072.78 | $4,123,072.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $185,182,000 | $192,780,000 | -3.9% |
| Assessed Value | $185,182,000 | $192,780,000 | -3.9% |
| Land Value | $24,729,600 | $18,370,560 | +34.6% |
| Improvement Value | $160,452,400 | $174,409,440 | -8.0% |
| Taxable Value | $185,182,000 | $192,780,000 | -3.9% |
| Total Tax 2026 = estimate |
~$3,789,722
Estimated
|
~$4,123,073
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $185,182,000 | $185,182,000 | +0 (+0.0%) |
| Taxable Value | $185,182,000 | $185,182,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $185,182,000 | $24,729,600 | $160,452,400 | — | $185,182,000 | $185,182,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $192,780,000 | $18,370,560 | $174,409,440 | — | $192,780,000 | $192,780,000 | ~$4,123,073 | Partial |
| 2024 | $217,089,000 | — | — | −$198,718,440 | $18,370,560 | $— | $4,068,194 | Verified |
| 2023 | $111,523,316 | — | — | −$100,041,716 | $11,481,600 | $— | $4,128,021 | Verified |
| 2022 | $49,146,792 | — | — | −$37,665,192 | $11,481,600 | $— | $2,313,523 | Verified |
| 2021 | $7,654,400 | — | — | — | $11,481,600 ! | $— | $1,118,415 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2024 | -9.6% | -9.6% | ~100% | 2.0700% | Verified |
| 2023 | +94.7% ! | +94.7% | ~100% | 1.9000% | Verified |
| 2022 | +126.9% ! | +126.9% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 14.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +292.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +149.7% | +125.9% | +542.1% | 2022 | -11.2% | 2025 |
| Assessment Ratio | 100.0% | 65.4% | — | 150.0% | 2021 | 8.5% | 2024 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,123,073 | $3,150,245 | ~$73,607,243 | $4,128,021 | 2023 | $1,118,415 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$431,866,664 | ~$431,866,664 | ~2.0139% | ~$8,697,520 | +124.0% |
| 2027 | ~$967,469,733 | ~$967,469,733 | ~1.9814% | ~$19,169,329 | +401.9% |
| 2028 | ~$2,167,330,250 | ~$2,167,330,250 | ~1.9488% | ~$42,237,788 | +1024.3% |
| 2029 | ~$4,855,263,430 | ~$4,855,263,430 | ~1.9163% | ~$93,040,976 | +2418.6% |
| 2030 | ~$10,876,783,994 | ~$10,876,783,994 | ~1.8837% | ~$204,890,603 | +5542.1% |
| 2026 | ~$428,011,064 | ~$428,011,064 | ~2.0465% | ~$8,759,182 | +122.0% |
| 2027 | ~$950,272,178 | ~$950,272,178 | ~2.0465% | ~$19,447,178 | +392.9% |
| 2028 | ~$2,109,798,764 | ~$2,109,798,764 | ~2.0465% | ~$43,176,715 | +994.4% |
| 2029 | ~$4,684,185,149 | ~$4,684,185,149 | ~2.0465% | ~$95,861,146 | +2329.8% |
| 2030 | ~$10,399,849,919 | ~$10,399,849,919 | ~2.0465% | ~$212,831,369 | +5294.7% |
| 2026 | ~$435,722,264 | ~$435,722,264 | ~1.9977% | ~$8,704,259 | +126.0% |
| 2027 | ~$984,821,511 | ~$984,821,511 | ~1.9488% | ~$19,192,591 | +410.9% |
| 2028 | ~$2,225,898,217 | ~$2,225,898,217 | ~1.9000% | ~$42,292,439 | +1054.6% |
| 2029 | ~$5,030,985,628 | ~$5,030,985,628 | ~1.8512% | ~$93,133,304 | +2509.7% |
| 2030 | ~$11,371,057,402 | ~$11,371,057,402 | ~1.8024% | ~$204,948,669 | +5798.5% |
In 2025, this property's market value of $192,780,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 371× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $192,780,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $217,089,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $111,523,316 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $49,146,792 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $7,654,400 | $300,453 | $376,850 | $539,896 | ↑ 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.