503 W 17 ST TX 78701
| Owner | QUIET LAKE LLC |
|---|---|
| Parcel ID | 0210021009 |
| Short ID | 199756 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,284 SF |
| Land SF | 6,486 SF |
| Acres | 0.149 |
| Year Built | 1979 |
| Legal | W 60.5' OF LOT 5-6 *PLUS ADJ 10'OF ALLEY OLT 29 DIVISION E |
| Neighborhood | 59CBD |
| Land | $3,243,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,243,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,071,821 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,071,821 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,071,821 |
| Taxable Value | $2,071,821 |
|---|
Appreciation: Market value has risen +77.5% from $1,167,500 (2021) to $2,071,821 (2025), a CAGR of 15.4% 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 $42,400. 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 157% of market value ($3,243,000 land vs $0 improvements), about $500/SF of land. With value concentrated in the land under a ~47-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 $2,071,821, 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,243,473 by 2030, with an estimated annual tax burden around $62,855. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,320 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,284 SF | ✗ |
| 1ST | 1st Floor | 1,142 SF | ✓ |
| 2ND | 2nd Floor | 1,142 SF | ✓ |
| 501 | CANOPY | 780 SF | ✗ |
| 541 | FENCE COMM LF | 75 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 62 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 36 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 76% in 2023, 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% | $19,168.49 | $19,168.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,856.69 | $10,856.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,786.84 | $7,786.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,445.23 | $2,445.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,142.26 | $2,142.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,399.51 | $42,399.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,947,792 | $2,071,821 | -6.0% |
| Assessed Value | $1,947,792 | $2,071,821 | -6.0% |
| Land Value | $1,621,500 | $3,243,000 | -50.0% |
| Improvement Value | $326,292 | — | — |
| Taxable Value | — | $2,071,821 | — |
| Total Tax | Pending certification |
~$42,400
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,489,381 | $1,947,792 | -541,589 (-21.8%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,947,792 | $1,621,500 | $326,292 | — | $1,947,792 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,071,821 | $3,243,000 | — | — | $2,071,821 | $2,071,821 | ~$42,400 | Partial |
| 2024 | $2,071,821 | — | — | — | $2,071,821 | $— | $41,060 | Verified |
| 2023 | $1,178,200 | — | — | — | $2,071,821 ! | $— | $37,484 | Verified |
| 2022 | $1,200,488 | — | — | −$389,738 | $810,750 | $— | $23,269 | Verified |
| 2021 | $1,167,500 | — | — | −$356,750 | $810,750 | $— | $26,131 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.2% | +20.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +75.8% ! | +75.8% | ~100% | 1.8100% | Verified |
| 2022 | -1.9% | -1.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +72.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.0% | +14.1% | +16.9% | +75.8% | 2024 | -6.0% | 2026 |
| Assessment Ratio | 100.0% | 102.1% | — | 175.8% | 2023 | 67.5% | 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 |
$42,400 | $34,069 | ~$54,059 | $42,400 | 2025 | $23,269 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,391,256 | ~$2,279,003 | ~2.0139% | ~$45,898 | +15.4% |
| 2027 | ~$2,759,942 | ~$2,506,903 | ~1.9814% | ~$49,671 | +33.2% |
| 2028 | ~$3,185,472 | ~$2,757,594 | ~1.9488% | ~$53,741 | +53.8% |
| 2029 | ~$3,676,610 | ~$3,033,353 | ~1.9163% | ~$58,128 | +77.5% |
| 2030 | ~$4,243,473 | ~$3,336,688 | ~1.8837% | ~$62,855 | +104.8% |
| 2026 | ~$2,349,820 | ~$2,279,003 | ~2.0465% | ~$46,639 | +13.4% |
| 2027 | ~$2,665,120 | ~$2,506,903 | ~2.0465% | ~$51,303 | +28.6% |
| 2028 | ~$3,022,728 | ~$2,757,594 | ~2.0465% | ~$56,434 | +45.9% |
| 2029 | ~$3,428,320 | ~$3,033,353 | ~2.0465% | ~$62,077 | +65.5% |
| 2030 | ~$3,888,335 | ~$3,336,688 | ~2.0465% | ~$68,285 | +87.7% |
| 2026 | ~$2,432,692 | ~$2,279,003 | ~1.9977% | ~$45,527 | +17.4% |
| 2027 | ~$2,856,421 | ~$2,506,903 | ~1.9488% | ~$48,856 | +37.9% |
| 2028 | ~$3,353,954 | ~$2,757,594 | ~1.9000% | ~$52,395 | +61.9% |
| 2029 | ~$3,938,149 | ~$3,033,353 | ~1.8512% | ~$56,153 | +90.1% |
| 2030 | ~$4,624,098 | ~$3,336,688 | ~1.8024% | ~$60,140 | +123.2% |
In 2025, this property's market value of $2,071,821 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +46% 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 | $2,071,821 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,071,821 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,178,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,200,488 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,167,500 | $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.