400 COLORADO ST TX 78701
| Owner | 400 COLORADO OWNER LLC |
|---|---|
| Parcel ID | 0206011707 |
| Short ID | 194322 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 16,081 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1920 |
| Legal | S 64FT OF LOT 5-6 BLOCK 044 ORIGINAL CITY (TOTAL SQ FT 5888) |
| Neighborhood | 32CBD |
| Land | $3,768,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,768,320 |
| Improvement | $4,231,680 |
|---|---|
| Total Improvement | $4,231,680 |
| Market | $8,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,000,000 |
| Taxable Value | $8,000,000 |
|---|
Appreciation: Market value has fallen -14.9% from $9,399,790 (2021) to $8,000,000 (2025), a CAGR of -4.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $163,719. 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 47% of market value ($3,768,320 land vs $4,231,680 improvements), about $640/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $8,000,000, 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 -4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,539,654 by 2030, with an estimated annual tax burden around $123,190. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 11,776 SF | ✗ |
| FBSMT | Finished Basement | 5,888 SF | ✓ |
| 1ST | 1st Floor | 5,825 SF | ✓ |
| 2ND | 2nd Floor | 4,368 SF | ✓ |
| 501 | CANOPY | 1,312 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 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% | $74,016.00 | $74,016.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,921.36 | $41,921.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30,067.60 | $30,067.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,441.84 | $9,441.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,272.00 | $8,272.00 | Paid |
| P2U | — | — | — | — | — | — | $6,937.50 | $6,937.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $170,656.30 | $170,656.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,000,000 | $8,000,000 | +0.0% |
| Assessed Value | $8,000,000 | $8,000,000 | +0.0% |
| Land Value | $4,710,400 | $3,768,320 | +25.0% |
| Improvement Value | $3,289,600 | $4,231,680 | -22.3% |
| Taxable Value | $8,000,000 | $8,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$163,719
Estimated
|
~$170,656
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,161,039 | $8,000,000 | -1,161,039 (-12.7%) |
| Taxable Value | $9,161,039 | $8,000,000 | -1,161,039 (-12.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,000,000 | $4,710,400 | $3,289,600 | — | $8,000,000 | $8,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,000,000 | $3,768,320 | $4,231,680 | — | $8,000,000 | $8,000,000 | ~$170,656 | Partial |
| 2024 | $8,000,000 | — | — | −$4,231,680 | $3,768,320 | $— | $169,631 | Verified |
| 2023 | $7,800,000 | — | — | −$5,444,800 | $2,355,200 | $— | $151,677 | Verified |
| 2022 | $7,644,856 | — | — | −$5,289,656 | $2,355,200 | $— | $161,344 | Verified |
| 2021 | $9,399,790 | — | — | −$7,044,590 | $2,355,200 | $— | $173,549 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.5% | +14.5% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | +2.5% | +2.5% | ~100% | 2.0700% | Verified |
| 2023 | +2.6% | +2.6% | ~100% | 1.9000% | Verified |
| 2022 | +2.0% | +2.0% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -2.8% | -4.0% | +2.6% | 2024 | -18.7% | 2022 |
| Assessment Ratio | 100.0% | 55.5% | — | 100.0% | 2025 | 25.1% | 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 |
$170,656 | $165,372 | ~$138,559 | $173,549 | 2021 | $151,677 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,683,922 | ~$7,683,922 | ~2.0139% | ~$154,749 | -4.0% |
| 2027 | ~$7,380,332 | ~$7,380,332 | ~1.9814% | ~$146,233 | -7.7% |
| 2028 | ~$7,088,737 | ~$7,088,737 | ~1.9488% | ~$138,148 | -11.4% |
| 2029 | ~$6,808,663 | ~$6,808,663 | ~1.9163% | ~$130,474 | -14.9% |
| 2030 | ~$6,539,654 | ~$6,539,654 | ~1.8837% | ~$123,190 | -18.3% |
| 2026 | ~$7,600,000 | ~$7,600,000 | ~2.0465% | ~$155,533 | -5.0% |
| 2027 | ~$7,220,000 | ~$7,220,000 | ~2.0465% | ~$147,756 | -9.8% |
| 2028 | ~$6,859,000 | ~$6,859,000 | ~2.0465% | ~$140,368 | -14.3% |
| 2029 | ~$6,516,050 | ~$6,516,050 | ~2.0465% | ~$133,350 | -18.5% |
| 2030 | ~$6,190,247 | ~$6,190,247 | ~2.0465% | ~$126,682 | -22.6% |
| 2026 | ~$7,843,922 | ~$7,843,922 | ~1.9977% | ~$156,695 | -2.0% |
| 2027 | ~$7,690,889 | ~$7,690,889 | ~1.9488% | ~$149,883 | -3.9% |
| 2028 | ~$7,540,842 | ~$7,540,842 | ~1.9000% | ~$143,277 | -5.7% |
| 2029 | ~$7,393,722 | ~$7,393,722 | ~1.8512% | ~$136,872 | -7.6% |
| 2030 | ~$7,249,472 | ~$7,249,472 | ~1.8024% | ~$130,662 | -9.4% |
In 2025, this property's market value of $8,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,800,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,644,856 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,399,790 | $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.