605 W 14 ST TX 78701
| Owner | 605 W 14 LLC |
|---|---|
| Parcel ID | 0210020104 |
| Short ID | 199681 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,232 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1910 |
| Legal | W 44.6' OF LOT 6 & E 1.4' OF LOT 7 BLOCK 154 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,766,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,766,400 |
| Improvement | $125,701 |
|---|---|
| Total Improvement | $125,701 |
| Market | $1,892,101 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,892,101 |
| Value Limitation Adjustment (−) (homestead cap) | −$621,293 |
| Net Appraised (assessed) | $1,270,808 |
| Taxable Value | $1,270,808 |
|---|
Appreciation: Market value has risen +106.4% from $916,936 (2021) to $1,892,101 (2025), a CAGR of 19.9% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $26,007. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,270,808) is $621,293 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 93% of market value ($1,766,400 land vs $125,701 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 $1,892,101, 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 +19.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,679,516 by 2030, with an estimated annual tax burden around $38,554. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,232 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,232 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 360 SF | ✓ |
| 611 | TERRACE | 196 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 52 SF | ✗ |
| 549 | FENCE COMM FV | 1 SF | ✗ |
Market value changed by 79% in 2025, 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% | $11,757.52 | $11,757.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,659.25 | $6,659.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,776.27 | $4,776.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,499.85 | $1,499.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,314.02 | $1,314.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,006.91 | $26,006.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,328,000 | $1,892,101 | -29.8% |
| Assessed Value | $1,328,000 | $1,270,808 | +4.5% |
| Land Value | $1,177,600 | $1,766,400 | -33.3% |
| Improvement Value | $150,400 | $125,701 | +19.6% |
| Taxable Value | $1,328,000 | $1,270,808 | +4.5% |
| Total Tax 2026 = estimate |
~$27,177
Estimated
|
~$26,007
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,544,602 | $1,328,000 | -216,602 (-14.0%) |
| Taxable Value | $1,524,970 | $1,328,000 | -196,970 (-12.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,328,000 | $1,177,600 | $150,400 | — | $1,328,000 | $1,328,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,892,101 | $1,766,400 | $125,701 | −$621,293 | $1,270,808 | $1,270,808 | ~$26,007 | Partial |
| 2024 | $1,059,007 | — | — | — | $1,059,007 | $— | $20,988 | Verified |
| 2023 | $889,212 | — | — | −$75,729 | $813,483 | $— | $19,160 | Verified |
| 2022 | $922,106 | — | — | −$244,203 | $677,903 | $— | $17,561 | Verified |
| 2021 | $916,936 | — | — | −$180,936 | $736,000 | $— | $20,071 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.4% | +20.0% | 98.7% | Not available | Partial |
| 2025 | +78.7% ! | +20.0% | 67.2% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +19.1% | +19.1% | ~100% | 1.8100% | Verified |
| 2022 | -3.6% | -3.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +105.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.8% | +13.0% | +30.0% | +78.7% | 2025 | -29.8% | 2026 |
| Assessment Ratio | 100.0% | 85.4% | — | 100.0% | 2024 | 67.2% | 2025 |
| Effective Tax Rate (2025) | 1.3700% | 1.3700% | — | 1.3700% | 2025 | 1.3700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,007 | $20,757 | ~$33,158 | $26,007 | 2025 | $17,561 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,267,752 | ~$1,397,889 | ~2.0139% | ~$28,153 | +19.9% |
| 2027 | ~$2,717,984 | ~$1,537,678 | ~1.9814% | ~$30,467 | +43.6% |
| 2028 | ~$3,257,604 | ~$1,691,445 | ~1.9488% | ~$32,964 | +72.2% |
| 2029 | ~$3,904,358 | ~$1,860,590 | ~1.9163% | ~$35,654 | +106.4% |
| 2030 | ~$4,679,516 | ~$2,046,649 | ~1.8837% | ~$38,554 | +147.3% |
| 2026 | ~$2,229,910 | ~$1,397,889 | ~2.0465% | ~$28,608 | +17.9% |
| 2027 | ~$2,628,031 | ~$1,537,678 | ~2.0465% | ~$31,468 | +38.9% |
| 2028 | ~$3,097,231 | ~$1,691,445 | ~2.0465% | ~$34,615 | +63.7% |
| 2029 | ~$3,650,200 | ~$1,860,590 | ~2.0465% | ~$38,077 | +92.9% |
| 2030 | ~$4,301,895 | ~$2,046,649 | ~2.0465% | ~$41,884 | +127.4% |
| 2026 | ~$2,305,594 | ~$1,397,889 | ~1.9977% | ~$27,925 | +21.9% |
| 2027 | ~$2,809,451 | ~$1,537,678 | ~1.9488% | ~$29,967 | +48.5% |
| 2028 | ~$3,423,419 | ~$1,691,445 | ~1.9000% | ~$32,138 | +80.9% |
| 2029 | ~$4,171,562 | ~$1,860,590 | ~1.8512% | ~$34,443 | +120.5% |
| 2030 | ~$5,083,201 | ~$2,046,649 | ~1.8024% | ~$36,888 | +168.7% |
In 2025, this property's market value of $1,892,101 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% 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 | $1,892,101 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,059,007 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $889,212 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $922,106 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $916,936 | $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.