1104 WEST AVE AUSTIN, TX 78701
| Owner | TEXAS OPTOMETRIC ASSOCIATION INC |
|---|---|
| Parcel ID | 0208000912 |
| Short ID | 196638 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,925 SF |
| Land SF | 6,400 SF |
| Acres | 0.147 |
| Year Built | 1953 |
| Legal | 50 X 128 FT OLT 5 DIVISION E |
| Neighborhood | 59CBD |
| Land | $800,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $800,000 |
| Improvement | $387,106 |
|---|---|
| Total Improvement | $387,106 |
| Market | $1,187,106 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,187,106 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,187,106 |
| Taxable Value | $1,187,106 |
|---|
Appreciation: Market value has fallen -14.5% from $1,388,926 (2021) to $1,187,106 (2025), a CAGR of -3.8% 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 $24,294. Austin ISD is the largest single contributor, at 45.2% 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 67% of market value ($800,000 land vs $387,106 improvements), about $125/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,187,106, this parcel sits in the lower-middle (25th–50th 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 -3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $975,557 by 2030, with an estimated annual tax burden around $18,377. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,925 SF | ✗ |
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 1ST | 1st Floor | 1,364 SF | ✓ |
| RSBLW | Residence Below | 858 SF | ✓ |
| 2ND | 2nd Floor | 703 SF | ✓ |
| 591 | MASONRY TRIM SF | 680 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 247 SF | ✗ |
| 511 | DECK | 120 SF | ✗ |
Market value changed by 103% 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% | $10,983.10 | $10,983.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,220.64 | $6,220.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,461.68 | $4,461.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,401.06 | $1,401.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,227.47 | $1,227.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,293.95 | $24,293.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,343,634 | $1,187,106 | +13.2% |
| Assessed Value | $1,343,634 | $1,187,106 | +13.2% |
| Land Value | $1,280,000 | $800,000 | +60.0% |
| Improvement Value | $63,634 | $387,106 | -83.6% |
| Taxable Value | $1,343,634 | $1,187,106 | +13.2% |
| Total Tax 2026 = estimate |
~$27,497
Estimated
|
~$24,294
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,410,210 | $1,343,634 | -1,066,576 (-44.3%) |
| Taxable Value | $1,424,527 | $1,343,634 | -80,893 (-5.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,343,634 | $1,280,000 | $63,634 | — | $1,343,634 | $1,343,634 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,187,106 | $800,000 | $387,106 | — | $1,187,106 | $1,187,106 | ~$24,294 | Partial |
| 2024 | $1,487,966 | — | — | −$687,966 | $800,000 | $— | $29,489 | Verified |
| 2023 | $1,457,820 | — | — | −$657,820 | $800,000 | $— | $26,921 | Verified |
| 2022 | $1,405,905 | — | — | −$605,905 | $800,000 | $— | $28,791 | Verified |
| 2021 | $1,388,926 | — | — | −$588,926 | $800,000 | $— | $30,602 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +103.0% ! | +20.0% | 59.1% | Not available | Partial |
| 2025 | -20.2% | -20.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +2.1% | +2.1% | ~100% | 1.8100% | Verified |
| 2022 | +3.7% | +3.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -15.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.2% | +0.0% | -6.1% | +13.2% | 2026 | -20.2% | 2025 |
| Assessment Ratio | 100.0% | 70.5% | — | 100.0% | 2025 | 53.8% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,294 | $28,019 | ~$20,623 | $30,602 | 2021 | $24,294 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,141,411 | ~$1,141,411 | ~2.0139% | ~$22,987 | -3.8% |
| 2027 | ~$1,097,475 | ~$1,097,475 | ~1.9814% | ~$21,745 | -7.6% |
| 2028 | ~$1,055,230 | ~$1,055,230 | ~1.9488% | ~$20,565 | -11.1% |
| 2029 | ~$1,014,612 | ~$1,014,612 | ~1.9163% | ~$19,443 | -14.5% |
| 2030 | ~$975,557 | ~$975,557 | ~1.8837% | ~$18,377 | -17.8% |
| 2026 | ~$1,127,751 | ~$1,127,751 | ~2.0465% | ~$23,079 | -5.0% |
| 2027 | ~$1,071,363 | ~$1,071,363 | ~2.0465% | ~$21,925 | -9.8% |
| 2028 | ~$1,017,795 | ~$1,017,795 | ~2.0465% | ~$20,829 | -14.3% |
| 2029 | ~$966,905 | ~$966,905 | ~2.0465% | ~$19,788 | -18.5% |
| 2030 | ~$918,560 | ~$918,560 | ~2.0465% | ~$18,798 | -22.6% |
| 2026 | ~$1,165,153 | ~$1,165,153 | ~1.9977% | ~$23,276 | -1.8% |
| 2027 | ~$1,143,606 | ~$1,143,606 | ~1.9488% | ~$22,287 | -3.7% |
| 2028 | ~$1,122,458 | ~$1,122,458 | ~1.9000% | ~$21,327 | -5.4% |
| 2029 | ~$1,101,701 | ~$1,101,701 | ~1.8512% | ~$20,395 | -7.2% |
| 2030 | ~$1,081,327 | ~$1,081,327 | ~1.8024% | ~$19,490 | -8.9% |
In 2025, this property's market value of $1,187,106 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% below 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 | $1,187,106 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,487,966 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,457,820 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,405,905 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,388,926 | $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.