501 BRAZOS ST RETAIL 78701
| Owner | 5TH & BRAZOS PROPERTY OWNER LLC |
|---|---|
| Parcel ID | 0206032705 |
| Short ID | 958918 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 12,409 SF |
| Land SF | 722 SF |
| Acres | 0.017 |
| Year Built | 2020 |
| Legal | 5TH & BRAZOS CONDOMINIUM UNT RETAIL UNIT 2.04%INT IN COMMON AREA |
| Neighborhood | CBD |
| Land | $361,005 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $361,005 |
| Improvement | $4,901,364 |
|---|---|
| Total Improvement | $4,901,364 |
| Market | $5,262,369 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,262,369 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,262,369 |
| Taxable Value | $5,262,369 |
|---|
Appreciation: Market value has risen +147.0% from $2,130,156 (2023) to $5,262,369 (2025), a CAGR of 57.2% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +0.2%, 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 $107,694. 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 7% of market value ($361,005 land vs $4,901,364 improvements), about $500/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,262,369, 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 +57.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $50,478,451 by 2030, with an estimated annual tax burden around $159,649. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 12,409 SF | ✓ |
Market value changed by 165% in 2023, 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% | $48,687.44 | $48,687.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,575.71 | $27,575.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,778.35 | $19,778.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,210.81 | $6,210.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,441.29 | $5,441.29 | Paid |
| P2U | — | — | — | — | — | — | $4,405.19 | $4,405.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $112,098.79 | $112,098.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,600,000 | $5,262,369 | +25.4% |
| Assessed Value | $6,600,000 | $5,262,369 | +25.4% |
| Land Value | $1,010,814 | $361,005 | +180.0% |
| Improvement Value | $5,589,186 | $4,901,364 | +14.0% |
| Taxable Value | $6,600,000 | $5,262,369 | +25.4% |
| Total Tax 2026 = estimate |
~$135,068
Estimated
|
~$112,099
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,298,810 | $6,600,000 | -698,810 (-9.6%) |
| Taxable Value | $7,298,810 | $6,600,000 | -698,810 (-9.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,600,000 | $1,010,814 | $5,589,186 | — | $6,600,000 | $6,600,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,262,369 | $361,005 | $4,901,364 | — | $5,262,369 | $5,262,369 | ~$112,099 | Partial |
| 2024 | $5,640,000 | — | — | — | — | $— | $120,097 | Verified |
| 2023 | $2,130,156 | — | — | — | — | $— | $106,796 | Verified |
| 2022 | $— | — | — | — | — | $— | $43,699 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.7% | +38.7% | ~100% | Not available | Partial |
| 2025 | -9.5% | -9.5% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | 2.0700% | Verified |
| 2023 | +164.8% ! | +164.8% | ~100% | 1.8900% | Verified |
| 2022 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +147.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.4% | +61.2% | +50.8% | +164.8% | 2024 | -6.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$112,099 | $112,997 | ~$137,307 | $120,097 | 2024 | $106,796 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,271,157 | ~$5,788,606 | ~2.0139% | ~$116,579 | +57.2% |
| 2027 | ~$13,000,234 | ~$6,367,466 | ~1.9814% | ~$126,164 | +147.0% |
| 2028 | ~$20,433,188 | ~$7,004,213 | ~1.9488% | ~$136,501 | +288.3% |
| 2029 | ~$32,115,972 | ~$7,704,634 | ~1.9163% | ~$147,643 | +510.3% |
| 2030 | ~$50,478,451 | ~$8,475,098 | ~1.8837% | ~$159,649 | +859.2% |
| 2026 | ~$8,165,909 | ~$5,788,606 | ~2.0465% | ~$118,463 | +55.2% |
| 2027 | ~$12,671,493 | ~$6,367,466 | ~2.0465% | ~$130,309 | +140.8% |
| 2028 | ~$19,663,057 | ~$7,004,213 | ~2.0465% | ~$143,340 | +273.7% |
| 2029 | ~$30,512,254 | ~$7,704,634 | ~2.0465% | ~$157,674 | +479.8% |
| 2030 | ~$47,347,553 | ~$8,475,098 | ~2.0465% | ~$173,442 | +799.7% |
| 2026 | ~$8,376,404 | ~$5,788,606 | ~1.9977% | ~$115,637 | +59.2% |
| 2027 | ~$13,333,186 | ~$6,367,466 | ~1.9488% | ~$124,092 | +153.4% |
| 2028 | ~$21,223,170 | ~$7,004,213 | ~1.9000% | ~$133,081 | +303.3% |
| 2029 | ~$33,782,093 | ~$7,704,634 | ~1.8512% | ~$142,628 | +542.0% |
| 2030 | ~$53,772,827 | ~$8,475,098 | ~1.8024% | ~$152,753 | +921.8% |
In 2025, this property's market value of $5,262,369 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,262,369 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,640,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,130,156 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
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.