1308 WEST AVE TX 78701
| Owner | DANFORTH ENTERPRISES I LP |
|---|---|
| Parcel ID | 0210000321 |
| Short ID | 199621 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,934 SF |
| Land SF | 25,219 SF |
| Acres | 0.579 |
| Year Built | 1931 |
| Legal | 48.2X302.5' & 104.3X102'AV OF OLT 7&8 DIVISION E |
| Neighborhood | 59CBD |
| Land | $2,250,796 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,250,796 |
| Improvement | $240,798 |
|---|---|
| Total Improvement | $240,798 |
| Market | $2,491,594 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,491,594 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,491,594 |
| Exemptions (−) (HT) | −$683,098 |
|---|---|
| Taxable Value | $1,808,496 |
Appreciation: Market value has risen +13.1% from $2,203,800 (2021) to $2,491,594 (2025), a CAGR of 3.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $37,011. Austin ISD is the largest single contributor, at 48.7% 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 ($2,250,796 land vs $240,798 improvements), about $89/SF of land. With value concentrated in the land under a ~95-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 $2,491,594, 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 +3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,904,749 by 2030, with an estimated annual tax burden around $54,718. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,934 SF | ✗ |
| 1ST | 1st Floor | 974 SF | ✓ |
| 2ND | 2nd Floor | 960 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 360 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 186 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 16 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 131% 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% | $19,892.21 | $19,892.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,476.83 | $9,476.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,797.14 | $6,797.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,576.31 | $2,576.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,134.44 | $2,134.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,876.93 | $40,876.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,702,000 | $2,491,594 | +8.4% |
| Assessed Value | $2,702,000 | $2,491,594 | +8.4% |
| Land Value | $5,043,800 | $2,250,796 | +124.1% |
| Improvement Value | — | $240,798 | — |
| Taxable Value | $1,863,079 | $1,808,496 | +3.0% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$38,128
Estimated
|
~$40,877
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,746,843 | $2,702,000 | -3,044,843 (-53.0%) |
| Taxable Value | $2,150,992 | $1,863,079 | -287,913 (-13.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,702,000 | $5,043,800 | — | — | $2,702,000 | $1,863,079 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,491,594 | $2,250,796 | $240,798 | — | $2,491,594 | $1,808,496 | ~$40,877 | Partial |
| 2024 | $2,559,754 | — | — | −$308,958 | $2,250,796 | $— | $40,651 | Verified |
| 2023 | $2,214,500 | — | — | — | $2,250,796 ! | $— | $37,126 | Verified |
| 2022 | $2,245,426 | — | — | −$369,763 | $1,875,663 | $— | $34,939 | Verified |
| 2021 | $2,203,800 | — | — | −$328,137 | $1,875,663 | $— | $38,800 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +130.6% ! | +20.0% | 52.0% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.5900% | Verified |
| 2023 | +15.6% | +15.6% | ~100% | 1.4500% | Verified |
| 2022 | -1.4% | -1.4% | ~100% | 1.5800% | Verified |
| 2021 | base year | — | ~100% | 1.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.4% | +4.4% | +1.5% | +15.6% | 2024 | -2.7% | 2025 |
| Assessment Ratio | 100.0% | 93.0% | — | 101.6% | 2023 | 83.5% | 2022 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,877 | $38,479 | ~$53,235 | $40,877 | 2025 | $34,939 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,569,233 | ~$2,569,233 | ~2.0139% | ~$51,743 | +3.1% |
| 2027 | ~$2,649,292 | ~$2,649,292 | ~1.9814% | ~$52,493 | +6.3% |
| 2028 | ~$2,731,845 | ~$2,731,845 | ~1.9488% | ~$53,239 | +9.6% |
| 2029 | ~$2,816,971 | ~$2,816,971 | ~1.9163% | ~$53,981 | +13.1% |
| 2030 | ~$2,904,749 | ~$2,904,749 | ~1.8837% | ~$54,718 | +16.6% |
| 2026 | ~$2,519,401 | ~$2,519,401 | ~2.0465% | ~$51,559 | +1.1% |
| 2027 | ~$2,547,519 | ~$2,547,519 | ~2.0465% | ~$52,135 | +2.2% |
| 2028 | ~$2,575,951 | ~$2,575,951 | ~2.0465% | ~$52,716 | +3.4% |
| 2029 | ~$2,604,700 | ~$2,604,700 | ~2.0465% | ~$53,305 | +4.5% |
| 2030 | ~$2,633,770 | ~$2,633,770 | ~2.0465% | ~$53,900 | +5.7% |
| 2026 | ~$2,619,065 | ~$2,619,065 | ~1.9977% | ~$52,320 | +5.1% |
| 2027 | ~$2,753,058 | ~$2,753,058 | ~1.9488% | ~$53,653 | +10.5% |
| 2028 | ~$2,893,906 | ~$2,893,906 | ~1.9000% | ~$54,985 | +16.1% |
| 2029 | ~$3,041,960 | ~$3,041,960 | ~1.8512% | ~$56,313 | +22.1% |
| 2030 | ~$3,197,588 | ~$3,197,588 | ~1.8024% | ~$57,632 | +28.3% |
In 2025, this property's market value of $2,491,594 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +76% 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 | $2,491,594 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,559,754 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,214,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,245,426 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,203,800 | $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.