611 W 14 ST TX 78701
| Owner | KIET ENTERPRISES LLC |
|---|---|
| Parcel ID | 0210020101 |
| Short ID | 199679 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,611 SF |
| Land SF | 9,094 SF |
| Acres | 0.209 |
| Year Built | 1910 |
| Legal | LOT 8 & W 2.05' OF LOT 7 BLOCK 154 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $2,728,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,728,200 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,800,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,800,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,800,000 |
| Taxable Value | $1,800,000 |
|---|
Appreciation: Market value has risen +18.3% from $1,522,067 (2021) to $1,800,000 (2025), a CAGR of 4.3% over 4 years. This represents moderate, steady growth. 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 $36,837. 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 152% of market value ($2,728,200 land vs $0 improvements), about $300/SF of land. With value concentrated in the land under a ~116-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 $1,800,000, 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 +4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,219,836 by 2030, with an estimated annual tax burden around $41,816. 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 | 6,000 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 3,611 SF | ✗ |
| 1ST | 1st Floor | 2,423 SF | ✓ |
| 1/2 | Half Floor | 1,188 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 49 SF | ✗ |
Market value changed by 100% 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% | $16,653.60 | $16,653.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,432.31 | $9,432.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,765.21 | $6,765.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,124.41 | $2,124.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,861.20 | $1,861.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,836.73 | $36,836.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,829,520 | $1,800,000 | +1.6% |
| Assessed Value | $1,829,520 | $1,800,000 | +1.6% |
| Land Value | $1,818,800 | $2,728,200 | -33.3% |
| Improvement Value | $10,720 | — | — |
| Taxable Value | $1,829,520 | $1,800,000 | +1.6% |
| Total Tax 2026 = estimate |
~$37,441
Estimated
|
~$36,837
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,810,277 | $1,829,520 | -980,757 (-34.9%) |
| Taxable Value | $2,160,000 | $1,829,520 | -330,480 (-15.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,829,520 | $1,818,800 | $10,720 | — | $1,829,520 | $1,829,520 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,800,000 | $2,728,200 | — | — | $1,800,000 | $1,800,000 | ~$36,837 | Partial |
| 2024 | $1,800,000 | — | — | — | $2,728,200 ! | $— | $39,240 | Verified |
| 2023 | $1,590,356 | — | — | −$226,256 | $1,364,100 | $— | $32,566 | Verified |
| 2022 | $1,590,356 | — | — | −$453,606 | $1,136,750 | $— | $31,408 | Verified |
| 2021 | $1,522,067 | — | — | −$385,317 | $1,136,750 | $— | $34,617 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +56.1% | +20.0% | 76.9% | Not available | Partial |
| 2025 | -50.1% | -50.1% | ~100% | Not available | Partial |
| 2024 | +100.3% ! | +100.3% | ~100% | 1.0900% | Verified |
| 2023 | +13.2% | +13.2% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +3.9% | +3.9% | +13.2% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 97.3% | — | 151.6% | 2024 | 71.5% | 2022 |
| 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 |
$36,837 | $34,934 | ~$39,795 | $39,240 | 2024 | $31,408 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,877,077 | ~$1,877,077 | ~2.0139% | ~$37,803 | +4.3% |
| 2027 | ~$1,957,455 | ~$1,957,455 | ~1.9814% | ~$38,785 | +8.7% |
| 2028 | ~$2,041,275 | ~$2,041,275 | ~1.9488% | ~$39,781 | +13.4% |
| 2029 | ~$2,128,684 | ~$2,128,684 | ~1.9163% | ~$40,792 | +18.3% |
| 2030 | ~$2,219,836 | ~$2,219,836 | ~1.8837% | ~$41,816 | +23.3% |
| 2026 | ~$1,841,077 | ~$1,841,077 | ~2.0465% | ~$37,677 | +2.3% |
| 2027 | ~$1,883,092 | ~$1,883,092 | ~2.0465% | ~$38,537 | +4.6% |
| 2028 | ~$1,926,066 | ~$1,926,066 | ~2.0465% | ~$39,417 | +7.0% |
| 2029 | ~$1,970,020 | ~$1,970,020 | ~2.0465% | ~$40,316 | +9.4% |
| 2030 | ~$2,014,978 | ~$2,014,978 | ~2.0465% | ~$41,236 | +11.9% |
| 2026 | ~$1,913,077 | ~$1,913,077 | ~1.9977% | ~$38,217 | +6.3% |
| 2027 | ~$2,033,258 | ~$2,033,258 | ~1.9488% | ~$39,625 | +13.0% |
| 2028 | ~$2,160,989 | ~$2,160,989 | ~1.9000% | ~$41,059 | +20.1% |
| 2029 | ~$2,296,744 | ~$2,296,744 | ~1.8512% | ~$42,517 | +27.6% |
| 2030 | ~$2,441,028 | ~$2,441,028 | ~1.8024% | ~$43,996 | +35.6% |
In 2025, this property's market value of $1,800,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +27% 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 | $1,800,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,590,356 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,590,356 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,522,067 | $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.