409 W 14 ST TX 78701
| Owner | WEST FOURTEENTH LLC |
|---|---|
| Parcel ID | 0210021302 |
| Short ID | 199800 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,214 SF |
| Land SF | 5,382 SF |
| Acres | 0.124 |
| Year Built | 1910 |
| Legal | N 78' OF LOT 8 BLOCK 156 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $1,614,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,614,600 |
| Improvement | $529,113 |
|---|---|
| Total Improvement | $529,113 |
| Market | $2,143,713 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,143,713 |
| Value Limitation Adjustment (−) (homestead cap) | −$484,089 |
| Net Appraised (assessed) | $1,659,624 |
| Taxable Value | $1,659,624 |
|---|
Appreciation: Market value has risen +76.1% from $1,217,085 (2021) to $2,143,713 (2025), a CAGR of 15.2% 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 $33,964. Austin ISD is the largest single contributor, at 43.9% of the total 2025 levy.
Assessment Gap: Assessed value ($1,659,624) is $484,089 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 75% of market value ($1,614,600 land vs $529,113 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 $2,143,713, 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 +15.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,349,845 by 2030, with an estimated annual tax burden around $50,349. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,214 SF | ✗ |
| 1ST | 1st Floor | 1,107 SF | ✓ |
| 2ND | 2nd Floor | 1,107 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 66 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 113% 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% | $13,137.84 | $13,137.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,441.04 | $7,441.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,337.00 | $5,337.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,675.93 | $1,675.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,468.28 | $1,468.28 | Paid |
| P2U | — | — | — | — | — | — | $851.00 | $851.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,911.09 | $29,911.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,285,052 | $2,143,713 | -40.1% |
| Assessed Value | $1,285,052 | $1,659,624 | -22.6% |
| Land Value | $968,760 | $1,614,600 | -40.0% |
| Improvement Value | $316,292 | $529,113 | -40.2% |
| Taxable Value | $1,285,052 | $1,659,624 | -22.6% |
| Total Tax 2026 = estimate |
~$26,298
Estimated
|
~$29,911
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,755,215 | $1,285,052 | -470,163 (-26.8%) |
| Taxable Value | $1,704,000 | $1,285,052 | -418,948 (-24.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,285,052 | $968,760 | $316,292 | — | $1,285,052 | $1,285,052 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,143,713 | $1,614,600 | $529,113 | −$484,089 | $1,659,624 | $1,659,624 | ~$29,911 | Partial |
| 2024 | $2,679,753 | — | — | −$1,296,733 | $1,383,020 | $— | $28,226 | Verified |
| 2023 | $1,257,731 | — | — | — | $2,152,800 ! | $— | $50,500 | Verified |
| 2022 | $1,229,774 | — | — | −$422,474 | $807,300 | $— | $25,597 | Verified |
| 2021 | $1,217,085 | — | — | −$409,785 | $807,300 | $— | $26,768 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.1% | +2.7% | 97.1% | Not available | Partial |
| 2025 | +55.0% | +20.0% | 77.4% | Not available | Partial |
| 2024 | -48.4% | -48.4% | ~100% | 2.0400% | Verified |
| 2023 | +113.1% ! | +113.1% | ~100% | 1.8800% | Verified |
| 2022 | +2.3% | +2.3% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +74.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -40.1% | +11.3% | +30.6% | +113.1% | 2024 | -40.1% | 2026 |
| Assessment Ratio | 100.0% | 88.7% | — | 171.2% | 2023 | 51.6% | 2024 |
| Effective Tax Rate (2025) | 1.4000% | 1.4000% | — | 1.4000% | 2025 | 1.4000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,911 | $32,200 | ~$43,303 | $50,500 | 2023 | $25,597 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,469,608 | ~$1,825,586 | ~2.0139% | ~$36,766 | +15.2% |
| 2027 | ~$2,845,047 | ~$2,008,145 | ~1.9814% | ~$39,789 | +32.7% |
| 2028 | ~$3,277,562 | ~$2,208,960 | ~1.9488% | ~$43,049 | +52.9% |
| 2029 | ~$3,775,829 | ~$2,429,855 | ~1.9163% | ~$46,563 | +76.1% |
| 2030 | ~$4,349,845 | ~$2,672,841 | ~1.8837% | ~$50,349 | +102.9% |
| 2026 | ~$2,426,734 | ~$1,825,586 | ~2.0465% | ~$37,360 | +13.2% |
| 2027 | ~$2,747,121 | ~$2,008,145 | ~2.0465% | ~$41,096 | +28.1% |
| 2028 | ~$3,109,806 | ~$2,208,960 | ~2.0465% | ~$45,206 | +45.1% |
| 2029 | ~$3,520,374 | ~$2,429,855 | ~2.0465% | ~$49,727 | +64.2% |
| 2030 | ~$3,985,147 | ~$2,672,841 | ~2.0465% | ~$54,699 | +85.9% |
| 2026 | ~$2,512,483 | ~$1,825,586 | ~1.9977% | ~$36,469 | +17.2% |
| 2027 | ~$2,944,689 | ~$2,008,145 | ~1.9488% | ~$39,136 | +37.4% |
| 2028 | ~$3,451,246 | ~$2,208,960 | ~1.9000% | ~$41,971 | +61.0% |
| 2029 | ~$4,044,942 | ~$2,429,855 | ~1.8512% | ~$44,981 | +88.7% |
| 2030 | ~$4,740,768 | ~$2,672,841 | ~1.8024% | ~$48,175 | +121.1% |
In 2025, this property's market value of $2,143,713 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +51% 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 | $2,143,713 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,679,753 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,257,731 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,229,774 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,217,085 | $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.