610 BRAZOS ST TX 78701
| Owner | 610 BRAZOS LP |
|---|---|
| Parcel ID | 0206030714 |
| Short ID | 194415 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 8,400 SF |
| Land SF | 2,834 SF |
| Acres | 0.065 |
| Year Built | 1965 |
| Legal | LOT 2 BRAZOS ADDN (TOTAL SQ FT 2834) |
| Neighborhood | 52CBD |
| Land | $1,133,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,133,600 |
| Improvement | $2,640,155 |
|---|---|
| Total Improvement | $2,640,155 |
| Market | $3,773,755 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,773,755 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,773,755 |
| Taxable Value | $3,773,755 |
|---|
Appreciation: Market value has fallen -7.0% from $4,056,000 (2021) to $3,773,755 (2025), a CAGR of -1.8% 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 $77,229. Austin ISD is the largest single contributor, at 43.2% 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 30% of market value ($1,133,600 land vs $2,640,155 improvements), about $400/SF of land. Most value sits in the improvements, so building condition, age (~61 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,773,755, 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,448,406 by 2030, with an estimated annual tax burden around $64,959. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,800 SF | ✓ |
| 2ND | 2nd Floor | 2,800 SF | ✓ |
| 3RD | 3rd Floor | 2,800 SF | ✓ |
| 4TH | 4th Floor | 2,800 SF | ✓ |
| 5TH | 5th Floor | 2,800 SF | ✓ |
| ADDL | Additional Floor | 2,800 SF | ✓ |
| UBSMT | Unfinished Basement | 735 SF | ✓ |
| 335 | PENTHOUSE | 735 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% | $34,914.78 | $34,914.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,775.12 | $19,775.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,183.47 | $14,183.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,453.90 | $4,453.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,902.06 | $3,902.06 | Paid |
| P2U | — | — | — | — | — | — | $3,028.22 | $3,028.22 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $80,757.55 | $80,757.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,730,347 | $3,773,755 | -1.2% |
| Assessed Value | $3,730,347 | $3,773,755 | -1.2% |
| Land Value | $2,267,200 | $1,133,600 | +100.0% |
| Improvement Value | $1,463,147 | $2,640,155 | -44.6% |
| Taxable Value | $3,730,347 | $3,773,755 | -1.2% |
| Total Tax 2026 = estimate |
~$76,341
Estimated
|
~$80,758
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,730,347 | $3,730,347 | +0 (+0.0%) |
| Taxable Value | $3,730,347 | $3,730,347 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,730,347 | $2,267,200 | $1,463,147 | — | $3,730,347 | $3,730,347 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,773,755 | $1,133,600 | $2,640,155 | — | $3,773,755 | $3,773,755 | ~$80,758 | Partial |
| 2024 | $4,815,735 | — | — | −$3,682,135 | $1,133,600 | $— | $75,878 | Verified |
| 2023 | $5,085,946 | — | — | −$4,564,490 | $521,456 | $— | $86,829 | Verified |
| 2022 | $4,252,400 | — | — | −$3,730,944 | $521,456 | $— | $94,938 | Verified |
| 2021 | $4,056,000 | — | — | −$3,534,544 | $521,456 | $— | $92,244 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2025 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2024 | -21.6% | -21.6% | ~100% | 2.0100% | Verified |
| 2023 | -5.3% | -5.3% | ~100% | 1.8000% | Verified |
| 2022 | +19.6% | +19.6% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.2% | -0.7% | -1.6% | +19.6% | 2023 | -21.6% | 2025 |
| Assessment Ratio | 100.0% | 43.2% | — | 100.0% | 2025 | 10.3% | 2023 |
| 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 |
$80,758 | $86,129 | ~$69,736 | $94,938 | 2022 | $75,878 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,706,318 | ~$3,706,318 | ~2.0139% | ~$74,643 | -1.8% |
| 2027 | ~$3,640,085 | ~$3,640,085 | ~1.9814% | ~$72,124 | -3.5% |
| 2028 | ~$3,575,037 | ~$3,575,037 | ~1.9488% | ~$69,672 | -5.3% |
| 2029 | ~$3,511,151 | ~$3,511,151 | ~1.9163% | ~$67,284 | -7.0% |
| 2030 | ~$3,448,406 | ~$3,448,406 | ~1.8837% | ~$64,959 | -8.6% |
| 2026 | ~$3,630,843 | ~$3,630,843 | ~2.0465% | ~$74,305 | -3.8% |
| 2027 | ~$3,493,342 | ~$3,493,342 | ~2.0465% | ~$71,491 | -7.4% |
| 2028 | ~$3,361,049 | ~$3,361,049 | ~2.0465% | ~$68,783 | -10.9% |
| 2029 | ~$3,233,766 | ~$3,233,766 | ~2.0465% | ~$66,179 | -14.3% |
| 2030 | ~$3,111,303 | ~$3,111,303 | ~2.0465% | ~$63,672 | -17.6% |
| 2026 | ~$3,781,793 | ~$3,781,793 | ~1.9977% | ~$75,547 | +0.2% |
| 2027 | ~$3,789,848 | ~$3,789,848 | ~1.9488% | ~$73,858 | +0.4% |
| 2028 | ~$3,797,920 | ~$3,797,920 | ~1.9000% | ~$72,161 | +0.6% |
| 2029 | ~$3,806,009 | ~$3,806,009 | ~1.8512% | ~$70,457 | +0.9% |
| 2030 | ~$3,814,115 | ~$3,814,115 | ~1.8024% | ~$68,745 | +1.1% |
In 2025, this property's market value of $3,773,755 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +166% 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 | $3,773,755 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,815,735 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,085,946 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,252,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,056,000 | $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.