201 W 5 ST TX 78701
| Owner | HORTON JOHN COLEMAN III ETALS |
|---|---|
| Parcel ID | 0206011712 |
| Short ID | 812861 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 14,178 SF |
| Land SF | 23,610 SF |
| Acres | 0.542 |
| Year Built | 2015 |
| Legal | LOT 1 BLK 44A 201 WEST 5TH SUBD |
| Neighborhood | 50CBD |
| Land | $24,553,901 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $24,553,901 |
| Improvement | $60,755,574 |
|---|---|
| Total Improvement | $60,755,574 |
| Market | $85,309,475 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $85,309,475 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $85,309,475 |
| Taxable Value | $85,309,475 |
|---|
Appreciation: Market value has fallen -33.4% from $128,147,000 (2021) to $85,309,475 (2025), a CAGR of -9.7% over 4 years. Growth has been relatively flat for this asset class. 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 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 $1,745,846. Austin ISD is the largest single contributor, at 43.3% 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 29% of market value ($24,553,901 land vs $60,755,574 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $85,309,475, 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 -9.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $51,298,929 by 2030, with an estimated annual tax burden around $966,340. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 182,996 SF | ✗ |
| ADDL | Additional Floor | 175,113 SF | ✓ |
| 187 | PARKING GARAGE | 169,140 SF | ✓ |
| LOBBY | Lobby | 16,680 SF | ✓ |
| 1ST | 1st Floor | 14,178 SF | ✓ |
| 501 | CANOPY | 2,248 SF | ✗ |
| 335 | PENTHOUSE | 252 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% | $751,725.00 | $751,725.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $425,763.81 | $425,763.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $305,374.06 | $305,374.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $95,893.69 | $95,893.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $84,012.50 | $84,012.50 | Paid |
| P2U | — | — | — | — | — | — | $74,693.75 | $74,693.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,737,462.81 | $1,737,462.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $84,834,608 | $85,309,475 | -0.6% |
| Assessed Value | $84,834,608 | $85,309,475 | -0.6% |
| Land Value | $28,331,424 | $24,553,901 | +15.4% |
| Improvement Value | $56,503,184 | $60,755,574 | -7.0% |
| Taxable Value | $84,834,608 | $85,309,475 | -0.6% |
| Total Tax 2026 = estimate |
~$1,736,128
Estimated
|
~$1,737,463
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $84,834,608 | $84,834,608 | +0 (+0.0%) |
| Taxable Value | $84,834,608 | $84,834,608 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $84,834,608 | $28,331,424 | $56,503,184 | — | $84,834,608 | $84,834,608 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $85,309,475 | $24,553,901 | $60,755,574 | — | $85,309,475 | $85,309,475 | ~$1,737,463 | Partial |
| 2024 | $120,500,000 | — | — | −$95,946,099 | $24,553,901 | $— | $1,930,724 | Verified |
| 2023 | $135,000,000 | — | — | −$118,886,503 | $16,113,497 | $— | $2,300,780 | Verified |
| 2022 | $128,000,000 | — | — | −$111,886,503 | $16,113,497 | $— | $2,807,544 | Verified |
| 2021 | $128,147,000 | — | — | −$112,033,503 | $16,113,497 | $— | $2,916,740 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2025 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2024 | -28.5% | -28.5% | ~100% | 2.0700% | Verified |
| 2023 | -8.3% | -8.3% | ~100% | 1.7700% | Verified |
| 2022 | +8.4% | +8.4% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -34.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | -7.0% | -9.6% | +5.5% | 2023 | -29.2% | 2025 |
| Assessment Ratio | 100.0% | 42.9% | — | 100.0% | 2025 | 11.9% | 2023 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,737,463 | $2,338,650 | ~$1,242,197 | $2,916,740 | 2021 | $1,737,463 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$77,058,309 | ~$77,058,309 | ~2.0139% | ~$1,551,905 | -9.7% |
| 2027 | ~$69,605,199 | ~$69,605,199 | ~1.9814% | ~$1,379,149 | -18.4% |
| 2028 | ~$62,872,957 | ~$62,872,957 | ~1.9488% | ~$1,225,293 | -26.3% |
| 2029 | ~$56,791,860 | ~$56,791,860 | ~1.9163% | ~$1,088,297 | -33.4% |
| 2030 | ~$51,298,929 | ~$51,298,929 | ~1.8837% | ~$966,340 | -39.9% |
| 2026 | ~$81,044,001 | ~$81,044,001 | ~2.0465% | ~$1,658,553 | -5.0% |
| 2027 | ~$76,991,801 | ~$76,991,801 | ~2.0465% | ~$1,575,626 | -9.8% |
| 2028 | ~$73,142,211 | ~$73,142,211 | ~2.0465% | ~$1,496,844 | -14.3% |
| 2029 | ~$69,485,101 | ~$69,485,101 | ~2.0465% | ~$1,422,002 | -18.5% |
| 2030 | ~$66,010,846 | ~$66,010,846 | ~2.0465% | ~$1,350,902 | -22.6% |
| 2026 | ~$78,764,499 | ~$78,764,499 | ~1.9977% | ~$1,573,449 | -7.7% |
| 2027 | ~$72,721,656 | ~$72,721,656 | ~1.9488% | ~$1,417,228 | -14.8% |
| 2028 | ~$67,142,422 | ~$67,142,422 | ~1.9000% | ~$1,275,717 | -21.3% |
| 2029 | ~$61,991,229 | ~$61,991,229 | ~1.8512% | ~$1,147,578 | -27.3% |
| 2030 | ~$57,235,238 | ~$57,235,238 | ~1.8024% | ~$1,031,591 | -32.9% |
In 2025, this property's market value of $85,309,475 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 60× 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 | $85,309,475 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $120,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $135,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $128,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $128,147,000 | $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.