214 W 4 ST TX 78701
| Owner | 4TH AND LAVACA SERIES |
|---|---|
| Parcel ID | 0206011709 |
| Short ID | 194324 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 5,633 SF |
| Land SF | 8,090 SF |
| Acres | 0.186 |
| Year Built | 1900 |
| Legal | LOT B GASLIGHT SQUARE |
| Neighborhood | 31CBD |
| Land | $5,177,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,177,600 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,100,000 |
| Taxable Value | $3,100,000 |
|---|
Appreciation: Market value has risen +24.6% from $2,487,200 (2021) to $3,100,000 (2025), a CAGR of 5.7% over 4 years. This represents moderate, steady growth. 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 $63,441. Austin ISD is the largest single contributor, at 43.6% 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 167% of market value ($5,177,600 land vs $0 improvements), about $640/SF of land. With value concentrated in the land under a ~126-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 $3,100,000, this parcel sits in the upper-middle (50th–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 +5.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,082,493 by 2030, with an estimated annual tax burden around $76,904. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 5,377 SF | ✗ |
| 1ST | 1st Floor | 4,689 SF | ✓ |
| 611 | TERRACE | 2,945 SF | ✗ |
| UBSMT | Unfinished Basement | 2,497 SF | ✓ |
| 551 | PAVED AREA | 2,222 SF | ✗ |
| FBSMT | Finished Basement | 944 SF | ✓ |
| 511 | DECK | 441 SF | ✗ |
| 501 | CANOPY | 342 SF | ✗ |
| 327 | STORAGE COMM'L | 70 SF | ✓ |
| 541 | FENCE COMM LF | 45 SF | ✗ |
| 591 | MASONRY TRIM SF | 25 SF | ✗ |
Market value changed by 114% in 2026, 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% | $28,681.20 | $28,681.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,244.53 | $16,244.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,651.20 | $11,651.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,658.71 | $3,658.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,205.40 | $3,205.40 | Paid |
| P2U | — | — | — | — | — | — | $2,405.00 | $2,405.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,846.04 | $65,846.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,578,789 | $3,100,000 | +47.7% |
| Assessed Value | $3,720,000 | $3,100,000 | +20.0% |
| Land Value | $6,472,000 | $5,177,600 | +25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $3,720,000 | $3,100,000 | +20.0% |
| HS Cap Loss | -$858,789 | — | |
| Total Tax 2026 = estimate |
~$76,129
Estimated
|
~$65,846
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,633,649 | $4,578,789 | -2,054,860 (-31.0%) |
| Taxable Value | $3,720,000 | $3,720,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,578,789 | $6,472,000 | — | −$858,789 | $3,720,000 | $3,720,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,100,000 | $5,177,600 | — | — | $3,100,000 | $3,100,000 | ~$65,846 | Partial |
| 2024 | $3,100,000 | — | — | — | $3,100,000 | $— | $63,841 | Verified |
| 2023 | $2,600,000 | — | — | — | $3,100,000 ! | $— | $58,492 | Verified |
| 2022 | $2,466,454 | — | — | — | $2,600,000 ! | $— | $53,448 | Verified |
| 2021 | $2,487,200 | — | — | −$181,884 | $2,305,316 | $— | $55,653 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +114.0% ! | +20.0% | 56.1% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2023 | +19.2% | +19.2% | ~100% | 1.8900% | Verified |
| 2022 | +5.4% | +5.4% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +47.7% | +14.3% | -1.2% | +47.7% | 2026 | -0.8% | 2022 |
| Assessment Ratio | 81.2% | 99.8% | — | 119.2% | 2023 | 81.2% | 2026 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$65,846 | $59,456 | ~$71,350 | $65,846 | 2025 | $53,448 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,275,476 | ~$3,275,476 | ~2.0139% | ~$65,966 | +5.7% |
| 2027 | ~$3,460,885 | ~$3,460,885 | ~1.9814% | ~$68,574 | +11.6% |
| 2028 | ~$3,656,789 | ~$3,656,789 | ~1.9488% | ~$71,265 | +18.0% |
| 2029 | ~$3,863,783 | ~$3,863,783 | ~1.9163% | ~$74,041 | +24.6% |
| 2030 | ~$4,082,493 | ~$4,082,493 | ~1.8837% | ~$76,904 | +31.7% |
| 2026 | ~$3,213,476 | ~$3,213,476 | ~2.0465% | ~$65,763 | +3.7% |
| 2027 | ~$3,331,106 | ~$3,331,106 | ~2.0465% | ~$68,171 | +7.5% |
| 2028 | ~$3,453,042 | ~$3,453,042 | ~2.0465% | ~$70,666 | +11.4% |
| 2029 | ~$3,579,441 | ~$3,579,441 | ~2.0465% | ~$73,253 | +15.5% |
| 2030 | ~$3,710,467 | ~$3,710,467 | ~2.0465% | ~$75,934 | +19.7% |
| 2026 | ~$3,337,476 | ~$3,337,476 | ~1.9977% | ~$66,671 | +7.7% |
| 2027 | ~$3,593,144 | ~$3,593,144 | ~1.9488% | ~$70,025 | +15.9% |
| 2028 | ~$3,868,398 | ~$3,868,398 | ~1.9000% | ~$73,500 | +24.8% |
| 2029 | ~$4,164,737 | ~$4,164,737 | ~1.8512% | ~$77,097 | +34.3% |
| 2030 | ~$4,483,778 | ~$4,483,778 | ~1.8024% | ~$80,814 | +44.6% |
In 2025, this property's market value of $3,100,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +119% above 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 | $3,100,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,466,454 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,487,200 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.