600 GUADALUPE ST 1 TX 78701
| Owner | LEGACY GUADALUPE LLC |
|---|---|
| Parcel ID | 0206012402 |
| Short ID | 929021 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 92,060 SF |
| Land SF | 43,050 SF |
| Acres | 0.988 |
| Year Built | 2020 |
| Legal | UNT MASTER UNIT 1 600 GUADALUPE MASTER CONDOMINIUM PLUS 63.0 % INT IN COM AREA |
| Neighborhood | 50CBD |
| Land | $38,951,857 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $38,951,857 |
| Improvement | $213,013,008 |
|---|---|
| Total Improvement | $213,013,008 |
| Market | $251,964,865 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $251,964,865 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $251,964,865 |
| Taxable Value | $251,964,865 |
|---|
Appreciation: Market value has risen +816.5% from $27,490,882 (2021) to $251,964,865 (2025), a CAGR of 74.0% 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 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 $5,156,423. 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 15% of market value ($38,951,857 land vs $213,013,008 improvements), about $905/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $251,964,865, 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 +74.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,018,177,566 by 2030, with an estimated annual tax burden around $7,644,075. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 442,532 SF | ✓ |
| 2ND | 2nd Floor | 31,454 SF | ✓ |
| 3RD | 3rd Floor | 31,454 SF | ✓ |
| 4TH | 4th Floor | 31,454 SF | ✓ |
| 5TH | 5th Floor | 31,454 SF | ✓ |
| 1ST | 1st Floor | 29,152 SF | ✓ |
Market value changed by 226% 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% | $2,331,178.93 | $2,331,178.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,320,338.73 | $1,320,338.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $946,997.35 | $946,997.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $297,376.49 | $297,376.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $260,531.67 | $260,531.67 | Paid |
| P2U | — | — | — | — | — | — | $232,605.00 | $232,605.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,389,028.17 | $5,389,028.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $317,046,347 | $251,964,865 | +25.8% |
| Assessed Value | $317,046,347 | $251,964,865 | +25.8% |
| Land Value | $55,104,307 | $38,951,857 | +41.5% |
| Improvement Value | $261,942,040 | $213,013,008 | +23.0% |
| Taxable Value | $317,046,347 | $251,964,865 | +25.8% |
| Total Tax 2026 = estimate |
~$6,488,306
Estimated
|
~$5,389,028
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $349,755,227 | $317,046,347 | -32,708,880 (-9.4%) |
| Taxable Value | $349,755,227 | $317,046,347 | -32,708,880 (-9.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $317,046,347 | $55,104,307 | $261,942,040 | — | $317,046,347 | $317,046,347 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $251,964,865 | $38,951,857 | $213,013,008 | — | $251,964,865 | $251,964,865 | ~$5,389,028 | Partial |
| 2024 | $210,698,402 | — | — | −$170,203,897 | $40,494,505 | $— | $5,249,049 | Verified |
| 2023 | $106,290,680 | — | — | −$78,799,798 | $27,490,882 | $— | $4,006,488 | Verified |
| 2022 | $32,624,997 | — | — | −$5,134,115 | $27,490,882 | $— | $2,204,950 | Verified |
| 2021 | $27,490,882 | — | — | — | $27,490,882 | $— | $742,266 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.8% | +38.8% | ~100% | Not available | Partial |
| 2025 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2024 | +20.1% | +20.1% | ~100% | 2.0700% | Verified |
| 2023 | +98.2% ! | +98.2% | ~100% | 1.9000% | Verified |
| 2022 | +225.8% ! | +225.8% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.7000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +672.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.8% | +77.6% | +66.9% | +225.8% | 2023 | +18.7% | 2022 |
| Assessment Ratio | 100.0% | 71.6% | — | 100.0% | 2021 | 19.2% | 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 |
$5,389,028 | $3,518,356 | ~$6,574,339 | $5,389,028 | 2025 | $742,266 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$438,407,336 | ~$277,161,352 | ~2.0139% | ~$5,581,854 | +74.0% |
| 2027 | ~$762,808,706 | ~$304,877,487 | ~1.9814% | ~$6,040,806 | +202.7% |
| 2028 | ~$1,327,252,246 | ~$335,365,235 | ~1.9488% | ~$6,535,730 | +426.8% |
| 2029 | ~$2,309,358,179 | ~$368,901,759 | ~1.9163% | ~$7,069,231 | +816.5% |
| 2030 | ~$4,018,177,566 | ~$405,791,935 | ~1.8837% | ~$7,644,075 | +1494.7% |
| 2026 | ~$433,368,039 | ~$277,161,352 | ~2.0465% | ~$5,672,065 | +72.0% |
| 2027 | ~$745,373,198 | ~$304,877,487 | ~2.0465% | ~$6,239,272 | +195.8% |
| 2028 | ~$1,282,007,797 | ~$335,365,235 | ~2.0465% | ~$6,863,199 | +408.8% |
| 2029 | ~$2,204,994,752 | ~$368,901,759 | ~2.0465% | ~$7,549,519 | +775.1% |
| 2030 | ~$3,792,490,083 | ~$405,791,935 | ~2.0465% | ~$8,304,471 | +1405.2% |
| 2026 | ~$443,446,634 | ~$277,161,352 | ~1.9977% | ~$5,536,748 | +76.0% |
| 2027 | ~$780,445,785 | ~$304,877,487 | ~1.9488% | ~$5,941,573 | +209.7% |
| 2028 | ~$1,373,548,873 | ~$335,365,235 | ~1.9000% | ~$6,371,996 | +445.1% |
| 2029 | ~$2,417,383,169 | ~$368,901,759 | ~1.8512% | ~$6,829,087 | +859.4% |
| 2030 | ~$4,254,483,769 | ~$405,791,935 | ~1.8024% | ~$7,313,877 | +1588.5% |
In 2025, this property's market value of $251,964,865 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 178× 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 | $251,964,865 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $210,698,402 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $106,290,680 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $32,624,997 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $27,490,882 | $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.