605 W 9 ST TX 78701
| Owner | 605-607 W 9TH LLC |
|---|---|
| Parcel ID | 0208001406 |
| Short ID | 196681 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,435 SF |
| Land SF | 6,528 SF |
| Acres | 0.150 |
| Year Built | 1924 |
| Legal | CEN 51 FT OF LOT 6 BLOCK 103 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,305,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,305,600 |
| Improvement | $146,270 |
|---|---|
| Total Improvement | $146,270 |
| Market | $1,451,870 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,451,870 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,451,870 |
| Taxable Value | $1,451,870 |
|---|
Appreciation: Market value has risen +27.7% from $1,137,000 (2021) to $1,451,870 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. 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 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 $29,712. 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 90% of market value ($1,305,600 land vs $146,270 improvements), about $200/SF of land. With value concentrated in the land under a ~102-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,451,870, this parcel sits in the upper-middle (50th–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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,970,774 by 2030, with an estimated annual tax burden around $37,124. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,435 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 120 SF | ✗ |
| 631C | PORCH CLOS UNFIN COMM | 84 SF | ✓ |
| 522C | FIREPLACE COMM | 2 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% | $13,432.70 | $13,432.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,608.05 | $7,608.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,456.78 | $5,456.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,713.54 | $1,713.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,501.23 | $1,501.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,712.30 | $29,712.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,295,605 | $1,451,870 | -10.8% |
| Assessed Value | $1,295,605 | $1,451,870 | -10.8% |
| Land Value | $1,305,600 | $1,305,600 | +0.0% |
| Improvement Value | — | $146,270 | — |
| Taxable Value | $1,295,605 | $1,451,870 | -10.8% |
| Total Tax 2026 = estimate |
~$26,514
Estimated
|
~$29,712
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,732,655 | $1,295,605 | -437,050 (-25.2%) |
| Taxable Value | $1,732,655 | $1,295,605 | -437,050 (-25.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,295,605 | $1,305,600 | — | — | $1,295,605 | $1,295,605 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,451,870 | $1,305,600 | $146,270 | — | $1,451,870 | $1,451,870 | ~$29,712 | Partial |
| 2024 | $1,221,859 | — | — | — | $1,221,859 | $— | $24,215 | Verified |
| 2023 | $1,202,729 | — | — | −$223,529 | $979,200 | $— | $22,106 | Verified |
| 2022 | $1,202,729 | — | — | −$223,529 | $979,200 | $— | $23,753 | Verified |
| 2021 | $1,137,000 | — | — | −$157,800 | $979,200 | $— | $26,180 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.3% | +19.3% | ~100% | Not available | Partial |
| 2025 | +18.8% | +18.8% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +1.6% | +1.6% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.8% | +3.1% | +8.9% | +18.8% | 2025 | -10.8% | 2026 |
| Assessment Ratio | 100.0% | 91.5% | — | 100.0% | 2024 | 81.4% | 2022 |
| 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 |
$29,712 | $25,193 | ~$34,046 | $29,712 | 2025 | $22,106 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,543,368 | ~$1,543,368 | ~2.0139% | ~$31,082 | +6.3% |
| 2027 | ~$1,640,633 | ~$1,640,633 | ~1.9814% | ~$32,507 | +13.0% |
| 2028 | ~$1,744,027 | ~$1,744,027 | ~1.9488% | ~$33,988 | +20.1% |
| 2029 | ~$1,853,937 | ~$1,853,937 | ~1.9163% | ~$35,527 | +27.7% |
| 2030 | ~$1,970,774 | ~$1,970,774 | ~1.8837% | ~$37,124 | +35.7% |
| 2026 | ~$1,514,331 | ~$1,514,331 | ~2.0465% | ~$30,991 | +4.3% |
| 2027 | ~$1,579,479 | ~$1,579,479 | ~2.0465% | ~$32,324 | +8.8% |
| 2028 | ~$1,647,429 | ~$1,647,429 | ~2.0465% | ~$33,714 | +13.5% |
| 2029 | ~$1,718,303 | ~$1,718,303 | ~2.0465% | ~$35,165 | +18.4% |
| 2030 | ~$1,792,226 | ~$1,792,226 | ~2.0465% | ~$36,678 | +23.4% |
| 2026 | ~$1,572,406 | ~$1,572,406 | ~1.9977% | ~$31,411 | +8.3% |
| 2027 | ~$1,702,948 | ~$1,702,948 | ~1.9488% | ~$33,188 | +17.3% |
| 2028 | ~$1,844,329 | ~$1,844,329 | ~1.9000% | ~$35,043 | +27.0% |
| 2029 | ~$1,997,446 | ~$1,997,446 | ~1.8512% | ~$36,977 | +37.6% |
| 2030 | ~$2,163,276 | ~$2,163,276 | ~1.8024% | ~$38,990 | +49.0% |
In 2025, this property's market value of $1,451,870 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +2% 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 | $1,451,870 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,221,859 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,202,729 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,202,729 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,137,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.