506 W 14 ST TX 78701
| Owner | AKG DIVERSIFIED L P |
|---|---|
| Parcel ID | 0210020809 |
| Short ID | 199738 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 5,348 SF |
| Land SF | 10,752 SF |
| Acres | 0.247 |
| Year Built | 1960 |
| Legal | LOT 2 *& E 15' OF LOT 1 BLOCK 177 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $3,225,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,225,600 |
| Improvement | $388,025 |
|---|---|
| Total Improvement | $388,025 |
| Market | $3,613,625 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,613,625 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,613,625 |
| Taxable Value | $3,613,625 |
|---|
Appreciation: Market value has risen +39.3% from $2,593,647 (2021) to $3,613,625 (2025), a CAGR of 8.6% 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 $73,952. 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 89% of market value ($3,225,600 land vs $388,025 improvements), about $300/SF of land. With value concentrated in the land under a ~66-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 $3,613,625, 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 +8.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,469,950 by 2030, with an estimated annual tax burden around $103,040. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,348 SF | ✗ |
| 1ST | 1st Floor | 2,674 SF | ✓ |
| 2ND | 2nd Floor | 2,674 SF | ✓ |
| 501 | CANOPY | 1,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 224 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 210 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% | $33,433.26 | $33,433.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,936.01 | $18,936.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,581.63 | $13,581.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,264.91 | $4,264.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,736.49 | $3,736.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $73,952.30 | $73,952.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,576,000 | $3,613,625 | -28.7% |
| Assessed Value | $2,576,000 | $3,613,625 | -28.7% |
| Land Value | $2,150,400 | $3,225,600 | -33.3% |
| Improvement Value | $425,600 | $388,025 | +9.7% |
| Taxable Value | $2,576,000 | $3,613,625 | -28.7% |
| Total Tax 2026 = estimate |
~$52,717
Estimated
|
~$73,952
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,191,276 | $2,576,000 | -1,615,276 (-38.5%) |
| Taxable Value | $4,191,276 | $2,576,000 | -1,615,276 (-38.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,576,000 | $2,150,400 | $425,600 | — | $2,576,000 | $2,576,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,613,625 | $3,225,600 | $388,025 | — | $3,613,625 | $3,613,625 | ~$73,952 | Partial |
| 2024 | $3,613,625 | — | — | −$388,025 | $3,225,600 | $— | $71,615 | Verified |
| 2023 | $2,555,302 | — | — | — | $3,225,600 ! | $— | $65,379 | Verified |
| 2022 | $2,555,302 | — | — | −$942,502 | $1,612,800 | $— | $50,465 | Verified |
| 2021 | $2,593,647 | — | — | −$980,847 | $1,612,800 | $— | $55,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.0% | +16.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +41.4% | +41.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -28.7% | +2.2% | +17.4% | +41.4% | 2024 | -28.7% | 2026 |
| Assessment Ratio | 100.0% | 90.1% | — | 126.2% | 2023 | 62.2% | 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 |
$73,952 | $63,407 | ~$90,683 | $73,952 | 2025 | $50,465 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,926,008 | ~$3,926,008 | ~2.0139% | ~$79,067 | +8.6% |
| 2027 | ~$4,265,394 | ~$4,265,394 | ~1.9814% | ~$84,514 | +18.0% |
| 2028 | ~$4,634,120 | ~$4,634,120 | ~1.9488% | ~$90,312 | +28.2% |
| 2029 | ~$5,034,720 | ~$5,034,720 | ~1.9163% | ~$96,480 | +39.3% |
| 2030 | ~$5,469,950 | ~$5,469,950 | ~1.8837% | ~$103,040 | +51.4% |
| 2026 | ~$3,853,735 | ~$3,853,735 | ~2.0465% | ~$78,866 | +6.6% |
| 2027 | ~$4,109,799 | ~$4,109,799 | ~2.0465% | ~$84,106 | +13.7% |
| 2028 | ~$4,382,878 | ~$4,382,878 | ~2.0465% | ~$89,695 | +21.3% |
| 2029 | ~$4,674,102 | ~$4,674,102 | ~2.0465% | ~$95,655 | +29.3% |
| 2030 | ~$4,984,676 | ~$4,984,676 | ~2.0465% | ~$102,011 | +37.9% |
| 2026 | ~$3,998,280 | ~$3,974,988 | ~1.9977% | ~$79,407 | +10.6% |
| 2027 | ~$4,423,880 | ~$4,372,486 | ~1.9488% | ~$85,213 | +22.4% |
| 2028 | ~$4,894,783 | ~$4,809,735 | ~1.9000% | ~$91,386 | +35.5% |
| 2029 | ~$5,415,812 | ~$5,290,708 | ~1.8512% | ~$97,941 | +49.9% |
| 2030 | ~$5,992,303 | ~$5,819,779 | ~1.8024% | ~$104,894 | +65.8% |
In 2025, this property's market value of $3,613,625 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +155% 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 | $3,613,625 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,613,625 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,555,302 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,555,302 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,593,647 | $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.