904 WEST AVE 109 TX 78701
| Owner | NR&LR LLC |
|---|---|
| Parcel ID | 0208002012 |
| Short ID | 796617 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 737 SF |
| Land SF | 715 SF |
| Acres | 0.016 |
| Year Built | 1966 |
| Legal | UNT 109 904 WEST CONDOMINIUMS AMENDED PLUS 3.53 % INT IN COM AREA |
| Neighborhood | 23CBD06 |
| Land | $107,253 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $107,253 |
| Improvement | $209,702 |
|---|---|
| Total Improvement | $209,702 |
| Market | $316,955 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $316,955 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $316,955 |
| Taxable Value | $316,955 |
|---|
Appreciation: Market value has fallen -9.1% from $348,557 (2021) to $316,955 (2025), a CAGR of -2.3% 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 $6,486. 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 34% of market value ($107,253 land vs $209,702 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~60 yrs), and rent roll drive the underwriting.
Submarket Position: At $316,955, this parcel sits in the bottom quartile (<25th 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 -2.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $281,451 by 2030, with an estimated annual tax burden around $5,302. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 737 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
| 252 | BEDROOMS | 1 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% | $2,932.47 | $2,932.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,660.90 | $1,660.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,191.26 | $1,191.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $374.08 | $374.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $327.73 | $327.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,486.44 | $6,486.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $450,853 | $316,955 | +42.2% |
| Assessed Value | $380,346 | $316,955 | +20.0% |
| Land Value | $143,004 | $107,253 | +33.3% |
| Improvement Value | $307,849 | $209,702 | +46.8% |
| Taxable Value | $380,346 | $316,955 | +20.0% |
| HS Cap Loss | -$70,507 | — | |
| Total Tax 2026 = estimate |
~$7,784
Estimated
|
~$6,486
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $450,853 | $450,853 | +0 (+0.0%) |
| Taxable Value | $380,346 | $380,346 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $450,853 | $143,004 | $307,849 | −$70,507 | $380,346 | $380,346 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $316,955 | $107,253 | $209,702 | — | $316,955 | $316,955 | ~$6,486 | Partial |
| 2024 | $451,893 | — | — | −$344,640 | $107,253 | $— | $6,752 | Verified |
| 2023 | $367,108 | — | — | −$259,855 | $107,253 | $— | $8,176 | Verified |
| 2022 | $382,567 | — | — | −$275,314 | $107,253 | $— | $7,250 | Verified |
| 2021 | $348,557 | — | — | −$241,304 | $107,253 | $— | $8,327 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.2% | +20.0% | 84.4% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -24.6% | -24.6% | ~100% | 1.9800% | Verified |
| 2023 | +23.1% | +23.1% | ~100% | 1.8100% | Verified |
| 2022 | -4.0% | -4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -17.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.2% | +8.2% | -8.1% | +42.2% | 2026 | -29.9% | 2025 |
| Assessment Ratio | 84.4% | 49.4% | — | 100.0% | 2025 | 23.7% | 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 |
$6,486 | $7,398 | ~$5,760 | $8,327 | 2021 | $6,486 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$309,513 | ~$309,513 | ~2.0139% | ~$6,233 | -2.3% |
| 2027 | ~$302,245 | ~$302,245 | ~1.9814% | ~$5,989 | -4.6% |
| 2028 | ~$295,148 | ~$295,148 | ~1.9488% | ~$5,752 | -6.9% |
| 2029 | ~$288,218 | ~$288,218 | ~1.9163% | ~$5,523 | -9.1% |
| 2030 | ~$281,451 | ~$281,451 | ~1.8837% | ~$5,302 | -11.2% |
| 2026 | ~$303,174 | ~$303,174 | ~2.0465% | ~$6,204 | -4.3% |
| 2027 | ~$289,992 | ~$289,992 | ~2.0465% | ~$5,935 | -8.5% |
| 2028 | ~$277,383 | ~$277,383 | ~2.0465% | ~$5,677 | -12.5% |
| 2029 | ~$265,322 | ~$265,322 | ~2.0465% | ~$5,430 | -16.3% |
| 2030 | ~$253,786 | ~$253,786 | ~2.0465% | ~$5,194 | -19.9% |
| 2026 | ~$315,852 | ~$315,852 | ~1.9977% | ~$6,310 | -0.3% |
| 2027 | ~$314,753 | ~$314,753 | ~1.9488% | ~$6,134 | -0.7% |
| 2028 | ~$313,657 | ~$313,657 | ~1.9000% | ~$5,960 | -1.0% |
| 2029 | ~$312,565 | ~$312,565 | ~1.8512% | ~$5,786 | -1.4% |
| 2030 | ~$311,478 | ~$311,478 | ~1.8024% | ~$5,614 | -1.7% |
In 2025, this property's market value of $316,955 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -78% 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 | $316,955 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $451,893 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $367,108 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $382,567 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $348,557 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.