1709 E M L KING JR BLVD TX 78702
| Owner | TAYLOR BOBBY RAY |
|---|---|
| Parcel ID | 0209090104 |
| Short ID | 198454 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,348 SF |
| Land SF | 12,794 SF |
| Acres | 0.294 |
| Year Built | 1980 |
| Legal | LOT 5 &E 21.67' OF LOT 6 BLK 11 OLT 37 DIV B JOHNS C R SUBD |
| Neighborhood | 53EAS |
| Land | $1,279,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,279,400 |
| Improvement | $380,600 |
|---|---|
| Total Improvement | $380,600 |
| Market | $1,660,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,660,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$177,045 |
| Net Appraised (assessed) | $1,482,955 |
| Exemptions (−) (HS,OV65) | −$439,811 |
|---|---|
| Taxable Value | $1,043,144 |
Appreciation: Market value has risen +91.2% from $868,000 (2021) to $1,660,000 (2025), a CAGR of 17.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $21,348. City of Austin is the largest single contributor, at 37.3% of the total 2025 levy.
Assessment Gap: Assessed value ($1,482,955) is $177,045 below market value, suggesting potential for an upward assessment in future years.
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 77% of market value ($1,279,400 land vs $380,600 improvements), about $100/SF of land. With value concentrated in the land under a ~46-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 $1,660,000, 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 +17.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,733,306 by 2030, with an estimated annual tax burden around $44,990. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,116 SF | ✗ |
| 1ST | 1st Floor | 2,700 SF | ✓ |
| 2ND | 2nd Floor | 648 SF | ✓ |
| 591 | MASONRY TRIM SF | 327 SF | ✗ |
| 501 | CANOPY | 72 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,210.64 | $5,210.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,920.60 | $3,920.60 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $2,803.84 | $2,803.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,181.60 | $1,181.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $862.24 | $862.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,978.92 | $13,978.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,608,481 | $1,660,000 | -3.1% |
| Assessed Value | $1,608,481 | $1,482,955 | +8.5% |
| Land Value | $1,279,400 | $1,279,400 | +0.0% |
| Improvement Value | $329,081 | $380,600 | -13.5% |
| Taxable Value | $1,141,516 | $1,043,144 | +9.4% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$23,361
Estimated
|
~$13,979
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,608,481 | $1,608,481 | +0 (+0.0%) |
| Taxable Value | $1,143,565 | $1,141,516 | -2,049 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,608,481 | $1,279,400 | $329,081 | — | $1,608,481 | $1,141,516 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,660,000 | $1,279,400 | $380,600 | −$177,045 | $1,482,955 | $1,043,144 | ~$13,979 | Partial |
| 2024 | $1,450,000 | — | — | −$170,600 | $1,279,400 | $— | $13,464 | Verified |
| 2023 | $1,269,001 | — | — | — | $1,279,400 ! | $— | $12,095 | Verified |
| 2022 | $1,012,878 | — | — | −$117,298 | $895,580 | $— | $13,709 | Verified |
| 2021 | $868,000 | — | — | — | $895,580 ! | $— | $14,154 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.1% | +8.5% | ~100% | Not available | Partial |
| 2025 | +2.5% | +10.0% | 89.3% | Not available | Partial |
| 2024 | -6.3% | +10.0% | 83.2% | 0.8300% | Verified |
| 2023 | +36.2% | +10.0% | 70.9% | 0.7000% | Verified |
| 2022 | +25.3% | +10.0% | 87.8% | 1.0800% | Verified |
| 2021 | base year | — | ~100% | 1.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +63.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +13.5% | +18.4% | +25.3% | 2023 | -3.1% | 2026 |
| Assessment Ratio | 100.0% | 95.0% | — | 103.2% | 2021 | 88.2% | 2024 |
| Effective Tax Rate (2025) | 0.8400% | 0.8400% | — | 0.8400% | 2025 | 0.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,979 | $13,480 | ~$38,694 | $14,154 | 2021 | $12,095 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,952,114 | ~$1,631,251 | ~2.0139% | ~$32,852 | +17.6% |
| 2027 | ~$2,295,632 | ~$1,794,376 | ~1.9814% | ~$35,554 | +38.3% |
| 2028 | ~$2,699,600 | ~$1,973,813 | ~1.9488% | ~$38,466 | +62.6% |
| 2029 | ~$3,174,654 | ~$2,171,194 | ~1.9163% | ~$41,606 | +91.2% |
| 2030 | ~$3,733,306 | ~$2,388,314 | ~1.8837% | ~$44,990 | +124.9% |
| 2026 | ~$1,918,914 | ~$1,631,251 | ~2.0465% | ~$33,383 | +15.6% |
| 2027 | ~$2,218,211 | ~$1,794,376 | ~2.0465% | ~$36,722 | +33.6% |
| 2028 | ~$2,564,191 | ~$1,973,813 | ~2.0465% | ~$40,394 | +54.5% |
| 2029 | ~$2,964,134 | ~$2,171,194 | ~2.0465% | ~$44,433 | +78.6% |
| 2030 | ~$3,426,456 | ~$2,388,314 | ~2.0465% | ~$48,876 | +106.4% |
| 2026 | ~$1,985,314 | ~$1,631,251 | ~1.9977% | ~$32,587 | +19.6% |
| 2027 | ~$2,374,381 | ~$1,794,376 | ~1.9488% | ~$34,970 | +43.0% |
| 2028 | ~$2,839,693 | ~$1,973,813 | ~1.9000% | ~$37,503 | +71.1% |
| 2029 | ~$3,396,195 | ~$2,171,194 | ~1.8512% | ~$40,193 | +104.6% |
| 2030 | ~$4,061,755 | ~$2,388,314 | ~1.8024% | ~$43,046 | +144.7% |
In 2025, this property's market value of $1,660,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +17% 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 | $1,660,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,450,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,269,001 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,012,878 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $868,000 | $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.