502 W 13 ST TX 78701
| Owner | 502 W 13TH ST WRP LLC & |
|---|---|
| Parcel ID | 0210020708 |
| Short ID | 199729 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 4,326 SF |
| Land SF | 10,881 SF |
| Acres | 0.250 |
| Year Built | 1900 |
| Legal | LOT 3 & S 49 OF W19 OF LOT 4 & N81 OF W 10 OF LOT 4 BLOCK 155 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $3,264,387 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,264,387 |
| Improvement | $130,132 |
|---|---|
| Total Improvement | $130,132 |
| Market | $3,394,519 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,394,519 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,394,519 |
| Exemptions (−) (HT) | −$881,163 |
|---|---|
| Taxable Value | $2,513,356 |
Appreciation: Market value has risen +44.5% from $2,349,600 (2021) to $3,394,519 (2025), a CAGR of 9.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $51,435. Austin ISD is the largest single contributor, at 48.4% 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 96% of market value ($3,264,387 land vs $130,132 improvements), about $300/SF of land. With value concentrated in the land under a ~126-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 $3,394,519, 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 +9.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,376,611 by 2030, with an estimated annual tax burden around $101,282. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 4,560 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 4,326 SF | ✗ |
| 1ST | 1st Floor | 2,318 SF | ✓ |
| 2ND | 2nd Floor | 2,008 SF | ✓ |
| SO | Sketch Only | 666 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 432 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $27,329.83 | $27,329.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,170.41 | $13,170.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,446.32 | $9,446.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,509.93 | $3,509.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,966.34 | $2,966.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $56,422.83 | $56,422.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,385,713 | $3,394,519 | -29.7% |
| Assessed Value | $2,385,713 | $3,394,519 | -29.7% |
| Land Value | $1,958,632 | $3,264,387 | -40.0% |
| Improvement Value | $427,081 | $130,132 | +228.2% |
| Taxable Value | $1,144,143 | $2,513,356 | -54.5% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$23,415
Estimated
|
~$56,423
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,462,456 | $2,385,713 | -1,076,743 (-31.1%) |
| Taxable Value | $2,220,886 | $1,144,143 | -1,076,743 (-48.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,385,713 | $1,958,632 | $427,081 | — | $2,385,713 | $1,144,143 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,394,519 | $3,264,387 | $130,132 | — | $3,394,519 | $2,513,356 | ~$56,423 | Partial |
| 2024 | $3,394,519 | — | — | −$130,132 | $3,264,387 | $— | $54,890 | Verified |
| 2023 | $2,314,282 | — | — | — | $3,264,387 ! | $— | $50,128 | Verified |
| 2022 | $2,314,282 | — | — | −$682,088 | $1,632,194 | $— | $35,383 | Verified |
| 2021 | $2,349,600 | — | — | −$717,406 | $1,632,194 | $— | $38,831 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.6200% | Verified |
| 2023 | +46.7% | +46.7% | ~100% | 1.4800% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.5300% | Verified |
| 2021 | base year | — | ~100% | 1.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.7% | +3.1% | +18.9% | +46.7% | 2024 | -29.7% | 2026 |
| Assessment Ratio | 100.0% | 96.2% | — | 141.1% | 2023 | 69.5% | 2021 |
| Effective Tax Rate (2025) | 1.6600% | 1.6600% | — | 1.6600% | 2025 | 1.6600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$56,423 | $47,131 | ~$87,646 | $56,423 | 2025 | $35,383 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,721,554 | ~$3,721,554 | ~2.0139% | ~$74,950 | +9.6% |
| 2027 | ~$4,080,096 | ~$4,080,096 | ~1.9814% | ~$80,843 | +20.2% |
| 2028 | ~$4,473,181 | ~$4,473,181 | ~1.9488% | ~$87,175 | +31.8% |
| 2029 | ~$4,904,137 | ~$4,904,137 | ~1.9163% | ~$93,978 | +44.5% |
| 2030 | ~$5,376,611 | ~$5,376,611 | ~1.8837% | ~$101,282 | +58.4% |
| 2026 | ~$3,653,664 | ~$3,653,664 | ~2.0465% | ~$74,772 | +7.6% |
| 2027 | ~$3,932,592 | ~$3,932,592 | ~2.0465% | ~$80,480 | +15.9% |
| 2028 | ~$4,232,814 | ~$4,232,814 | ~2.0465% | ~$86,624 | +24.7% |
| 2029 | ~$4,555,956 | ~$4,555,956 | ~2.0465% | ~$93,237 | +34.2% |
| 2030 | ~$4,903,767 | ~$4,903,767 | ~2.0465% | ~$100,355 | +44.5% |
| 2026 | ~$3,789,444 | ~$3,733,971 | ~1.9977% | ~$74,592 | +11.6% |
| 2027 | ~$4,230,316 | ~$4,107,368 | ~1.9488% | ~$80,046 | +24.6% |
| 2028 | ~$4,722,480 | ~$4,518,105 | ~1.9000% | ~$85,845 | +39.1% |
| 2029 | ~$5,271,903 | ~$4,969,915 | ~1.8512% | ~$92,003 | +55.3% |
| 2030 | ~$5,885,247 | ~$5,466,907 | ~1.8024% | ~$98,534 | +73.4% |
In 2025, this property's market value of $3,394,519 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +139% 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 | $3,394,519 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,394,519 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,314,282 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,314,282 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,349,600 | $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.