1411 WEST AVE TX 78701
| Owner | FOURTH GENERATION LTD |
|---|---|
| Parcel ID | 0210000401 |
| Short ID | 199624 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 13,848 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 1969 |
| Legal | LOT 7&8 BLOCK 179 ORIGINAL CITY |
| Neighborhood | 52CBD |
| Land | $5,034,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,034,240 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,189,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,189,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,189,000 |
| Taxable Value | $4,189,000 |
|---|
Appreciation: Market value has risen +23.5% from $3,390,600 (2021) to $4,189,000 (2025), a CAGR of 5.4% 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 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 $85,727. 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 120% of market value ($5,034,240 land vs $0 improvements), about $285/SF of land. With value concentrated in the land under a ~57-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 $4,189,000, this parcel sits in the top quartile (≥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 +5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,456,355 by 2030, with an estimated annual tax burden around $102,784. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,355 SF | ✗ |
| 1ST | 1st Floor | 6,820 SF | ✓ |
| 2ND | 2nd Floor | 6,820 SF | ✓ |
| 487 | PARKING UNDER | 6,404 SF | ✓ |
| SO | Sketch Only | 624 SF | ✗ |
| 611 | TERRACE | 550 SF | ✗ |
| FBSMT | Finished Basement | 208 SF | ✓ |
| 579 | STORAGE DET FV | 2 SF | ✓ |
| 549 | FENCE COMM FV | 1 SF | ✗ |
Market value changed by 78% in 2024, 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% | $38,756.63 | $38,756.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,951.07 | $21,951.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,744.15 | $15,744.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,943.98 | $4,943.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,331.43 | $4,331.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $85,727.26 | $85,727.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,061,000 | $4,189,000 | -26.9% |
| Assessed Value | $3,061,000 | $4,189,000 | -26.9% |
| Land Value | $3,532,800 | $5,034,240 | -29.8% |
| Improvement Value | — | — | — |
| Taxable Value | $3,061,000 | $4,189,000 | -26.9% |
| Total Tax 2026 = estimate |
~$62,643
Estimated
|
~$85,727
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,061,000 | $3,061,000 | +0 (+0.0%) |
| Taxable Value | $3,061,000 | $3,061,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,061,000 | $3,532,800 | — | — | $3,061,000 | $3,061,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,189,000 | $5,034,240 | — | — | $4,189,000 | $4,189,000 | ~$85,727 | Partial |
| 2024 | $2,944,613 | — | — | — | $5,034,240 ! | $— | $71,766 | Verified |
| 2023 | $3,423,000 | — | — | −$773,400 | $2,649,600 | $— | $53,275 | Verified |
| 2022 | $3,370,476 | — | — | −$1,162,476 | $2,208,000 | $— | $67,602 | Verified |
| 2021 | $3,390,600 | — | — | −$1,182,600 | $2,208,000 | $— | $73,364 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.9% | -26.9% | ~100% | Not available | Partial |
| 2025 | -20.2% | -20.2% | ~100% | Not available | Partial |
| 2024 | +78.3% ! | +78.3% | ~100% | 1.3700% | Verified |
| 2023 | -14.0% | -14.0% | ~100% | 1.8100% | Verified |
| 2022 | +1.6% | +1.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.9% | +0.5% | +13.2% | +42.3% | 2025 | -26.9% | 2026 |
| Assessment Ratio | 100.0% | 96.5% | — | 171.0% | 2024 | 65.1% | 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 |
$85,727 | $70,347 | ~$95,765 | $85,727 | 2025 | $53,275 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,416,404 | ~$4,416,404 | ~2.0139% | ~$88,944 | +5.4% |
| 2027 | ~$4,656,153 | ~$4,656,153 | ~1.9814% | ~$92,256 | +11.2% |
| 2028 | ~$4,908,917 | ~$4,908,917 | ~1.9488% | ~$95,667 | +17.2% |
| 2029 | ~$5,175,403 | ~$5,175,403 | ~1.9163% | ~$99,176 | +23.5% |
| 2030 | ~$5,456,355 | ~$5,456,355 | ~1.8837% | ~$102,784 | +30.3% |
| 2026 | ~$4,332,624 | ~$4,332,624 | ~2.0465% | ~$88,667 | +3.4% |
| 2027 | ~$4,481,173 | ~$4,481,173 | ~2.0465% | ~$91,707 | +7.0% |
| 2028 | ~$4,634,814 | ~$4,634,814 | ~2.0465% | ~$94,851 | +10.6% |
| 2029 | ~$4,793,724 | ~$4,793,724 | ~2.0465% | ~$98,103 | +14.4% |
| 2030 | ~$4,958,081 | ~$4,958,081 | ~2.0465% | ~$101,466 | +18.4% |
| 2026 | ~$4,500,184 | ~$4,500,184 | ~1.9977% | ~$89,898 | +7.4% |
| 2027 | ~$4,834,485 | ~$4,834,485 | ~1.9488% | ~$94,216 | +15.4% |
| 2028 | ~$5,193,620 | ~$5,193,620 | ~1.9000% | ~$98,680 | +24.0% |
| 2029 | ~$5,579,433 | ~$5,579,433 | ~1.8512% | ~$103,286 | +33.2% |
| 2030 | ~$5,993,907 | ~$5,993,907 | ~1.8024% | ~$108,032 | +43.1% |
In 2025, this property's market value of $4,189,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +196% 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 | $4,189,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,944,613 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,423,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,370,476 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,390,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.