609 W 18 ST E TX 78701
| Owner | LIGHTHOUSE REVIEW INC |
|---|---|
| Parcel ID | 0210020509 |
| Short ID | 199709 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,754 SF |
| Land SF | 2,760 SF |
| Acres | 0.063 |
| Year Built | 1979 |
| Legal | UNT 5&6 WEST EIGHTEENTH PLACE AND JACOB LAMOUR HOUSE PLUS 33.332% INTEREST IN COMMON AREA |
| Neighborhood | 23CBD03 |
| Land | $276,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $276,000 |
| Improvement | $447,928 |
|---|---|
| Total Improvement | $447,928 |
| Market | $723,928 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $723,928 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $723,928 |
| Exemptions (−) (HT) | −$292,964 |
|---|---|
| Taxable Value | $430,964 |
Appreciation: Market value has risen +35.0% from $536,233 (2021) to $723,928 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $8,820. Austin ISD is the largest single contributor, at 51.0% 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 38% of market value ($276,000 land vs $447,928 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $723,928, this parcel sits in the lower-middle (25th–50th 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,053,471 by 2030, with an estimated annual tax burden around $19,845. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,378 SF | ✓ |
| 2ND | 2nd Floor | 1,376 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 140 SF | ✗ |
| 091 | HVAC COMMRCL TON | 7 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
Market value changed by 80% 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% | $5,342.53 | $5,342.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,258.32 | $2,258.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,619.76 | $1,619.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $748.54 | $748.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $508.64 | $508.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,477.79 | $10,477.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $889,528 | $723,928 | +22.9% |
| Assessed Value | $868,714 | $723,928 | +20.0% |
| Land Value | $552,000 | $276,000 | +100.0% |
| Improvement Value | $337,528 | $447,928 | -24.6% |
| Taxable Value | $526,299 | $430,964 | +22.1% |
| Exemptions | HT | HT | |
| HS Cap Loss | -$20,814 | — | |
| Total Tax 2026 = estimate |
~$10,771
Estimated
|
~$10,478
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,303,897 | $889,528 | -414,369 (-31.8%) |
| Taxable Value | $526,299 | $526,299 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $889,528 | $552,000 | $337,528 | −$20,814 | $868,714 | $526,299 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $723,928 | $276,000 | $447,928 | — | $723,928 | $430,964 | ~$10,478 | Partial |
| 2024 | $781,199 | — | — | −$505,199 | $276,000 | $— | $11,009 | Verified |
| 2023 | $767,637 | — | — | −$491,637 | $276,000 | $— | $10,014 | Verified |
| 2022 | $602,077 | — | — | −$326,077 | $276,000 | $— | $10,822 | Verified |
| 2021 | $536,233 | — | — | −$260,233 | $276,000 | $— | $9,530 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +80.1% ! | +20.0% | 66.6% | Not available | Partial |
| 2025 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2024 | -5.6% | -5.6% | ~100% | 1.4000% | Verified |
| 2023 | +8.3% | +8.3% | ~100% | 1.2100% | Verified |
| 2022 | +27.5% | +27.5% | ~100% | 1.4100% | Verified |
| 2021 | base year | — | ~100% | 1.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.9% | +11.4% | +3.8% | +27.5% | 2023 | -7.3% | 2025 |
| Assessment Ratio | 97.7% | 61.1% | — | 100.0% | 2025 | 35.3% | 2024 |
| Effective Tax Rate (2025) | 1.4500% | 1.4500% | — | 1.4500% | 2025 | 1.4500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,478 | $10,371 | ~$17,725 | $11,009 | 2024 | $9,530 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$780,335 | ~$780,335 | ~2.0139% | ~$15,715 | +7.8% |
| 2027 | ~$841,136 | ~$841,136 | ~1.9814% | ~$16,666 | +16.2% |
| 2028 | ~$906,675 | ~$906,675 | ~1.9488% | ~$17,670 | +25.2% |
| 2029 | ~$977,321 | ~$977,321 | ~1.9163% | ~$18,728 | +35.0% |
| 2030 | ~$1,053,471 | ~$1,053,471 | ~1.8837% | ~$19,845 | +45.5% |
| 2026 | ~$765,856 | ~$765,856 | ~2.0465% | ~$15,673 | +5.8% |
| 2027 | ~$810,212 | ~$810,212 | ~2.0465% | ~$16,581 | +11.9% |
| 2028 | ~$857,138 | ~$857,138 | ~2.0465% | ~$17,541 | +18.4% |
| 2029 | ~$906,781 | ~$906,781 | ~2.0465% | ~$18,557 | +25.3% |
| 2030 | ~$959,299 | ~$959,299 | ~2.0465% | ~$19,632 | +32.5% |
| 2026 | ~$794,813 | ~$794,813 | ~1.9977% | ~$15,878 | +9.8% |
| 2027 | ~$872,639 | ~$872,639 | ~1.9488% | ~$17,006 | +20.5% |
| 2028 | ~$958,086 | ~$958,086 | ~1.9000% | ~$18,204 | +32.3% |
| 2029 | ~$1,051,899 | ~$1,051,899 | ~1.8512% | ~$19,473 | +45.3% |
| 2030 | ~$1,154,898 | ~$1,154,898 | ~1.8024% | ~$20,816 | +59.5% |
In 2025, this property's market value of $723,928 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% below 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 | $723,928 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $781,199 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $767,637 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $602,077 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $536,233 | $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.