907 RIO GRANDE ST AUSTIN, TX 78701
| Owner | FAGERBERG THOMAS C |
|---|---|
| Parcel ID | 0208001501 |
| Short ID | 196686 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,238 SF |
| Land SF | 7,040 SF |
| Acres | 0.162 |
| Year Built | 1910 |
| Legal | S 64 FT OF LOT 8 & S 64 FT OF W 41 OF LOT 7 BLOCK 106 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,408,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,408,000 |
| Improvement | $771,267 |
|---|---|
| Total Improvement | $771,267 |
| Market | $2,179,267 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,179,267 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,179,267 |
| Taxable Value | $2,179,267 |
|---|
Appreciation: Market value has risen +42.7% from $1,526,867 (2021) to $2,179,267 (2025), a CAGR of 9.3% over 4 years. This is strong appreciation — well above typical inflation. 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 $44,598. 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 65% of market value ($1,408,000 land vs $771,267 improvements), about $200/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,179,267, 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 +9.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,399,750 by 2030, with an estimated annual tax burden around $64,043. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,888 SF | ✓ |
| 2ND | 2nd Floor | 1,350 SF | ✓ |
| UBSMT | Unfinished Basement | 692 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 494 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 330 SF | ✗ |
| 251 | BATHROOM | 4 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% | $20,162.58 | $20,162.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,419.73 | $11,419.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,190.67 | $8,190.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,572.04 | $2,572.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,253.36 | $2,253.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $44,598.38 | $44,598.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,570,279 | $2,179,267 | +17.9% |
| Assessed Value | $2,570,279 | $2,179,267 | +17.9% |
| Land Value | $1,408,000 | $1,408,000 | +0.0% |
| Improvement Value | $1,162,279 | $771,267 | +50.7% |
| Taxable Value | $2,570,279 | $2,179,267 | +17.9% |
| Total Tax 2026 = estimate |
~$52,600
Estimated
|
~$44,598
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,570,279 | $2,570,279 | +0 (+0.0%) |
| Taxable Value | $2,570,279 | $2,570,279 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,570,279 | $1,408,000 | $1,162,279 | — | $2,570,279 | $2,570,279 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,179,267 | $1,408,000 | $771,267 | — | $2,179,267 | $2,179,267 | ~$44,598 | Partial |
| 2024 | $1,650,000 | — | — | −$242,000 | $1,408,000 | $— | $39,240 | Verified |
| 2023 | $1,526,867 | — | — | −$470,867 | $1,056,000 | $— | $29,853 | Verified |
| 2022 | $1,526,867 | — | — | −$470,867 | $1,056,000 | $— | $30,154 | Verified |
| 2021 | $1,526,867 | — | — | −$470,867 | $1,056,000 | $— | $33,235 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.9% | +17.9% | ~100% | Not available | Partial |
| 2025 | -9.6% | +10.1% | ~100% | Not available | Partial |
| 2024 | +32.6% | +8.9% | 82.1% | 1.6300% | Verified |
| 2023 | +19.1% | +19.1% | ~100% | 1.6400% | Verified |
| 2022 | -0.9% | -0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.9% | +11.6% | +6.0% | +32.1% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 82.1% | — | 100.0% | 2025 | 69.2% | 2021 |
| 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 |
$44,598 | $35,416 | ~$55,733 | $44,598 | 2025 | $29,853 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,381,978 | ~$2,381,978 | ~2.0139% | ~$47,972 | +9.3% |
| 2027 | ~$2,603,545 | ~$2,603,545 | ~1.9814% | ~$51,586 | +19.5% |
| 2028 | ~$2,845,721 | ~$2,845,721 | ~1.9488% | ~$55,459 | +30.6% |
| 2029 | ~$3,110,425 | ~$3,110,425 | ~1.9163% | ~$59,605 | +42.7% |
| 2030 | ~$3,399,750 | ~$3,399,750 | ~1.8837% | ~$64,043 | +56.0% |
| 2026 | ~$2,338,393 | ~$2,338,393 | ~2.0465% | ~$47,855 | +7.3% |
| 2027 | ~$2,509,137 | ~$2,509,137 | ~2.0465% | ~$51,349 | +15.1% |
| 2028 | ~$2,692,350 | ~$2,692,350 | ~2.0465% | ~$55,099 | +23.5% |
| 2029 | ~$2,888,940 | ~$2,888,940 | ~2.0465% | ~$59,122 | +32.6% |
| 2030 | ~$3,099,884 | ~$3,099,884 | ~2.0465% | ~$63,439 | +42.2% |
| 2026 | ~$2,425,563 | ~$2,397,194 | ~1.9977% | ~$47,888 | +11.3% |
| 2027 | ~$2,699,696 | ~$2,636,913 | ~1.9488% | ~$51,389 | +23.9% |
| 2028 | ~$3,004,810 | ~$2,900,604 | ~1.9000% | ~$55,112 | +37.9% |
| 2029 | ~$3,344,407 | ~$3,190,665 | ~1.8512% | ~$59,065 | +53.5% |
| 2030 | ~$3,722,386 | ~$3,509,731 | ~1.8024% | ~$63,258 | +70.8% |
In 2025, this property's market value of $2,179,267 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +54% 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 | $2,179,267 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,650,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,526,867 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,526,867 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,526,867 | $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.