405 W 14 ST TX 78701
| Owner | SAME SAME LLC |
|---|---|
| Parcel ID | 0210021303 |
| Short ID | 199801 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,056 SF |
| Land SF | 8,832 SF |
| Acres | 0.203 |
| Year Built | 1965 |
| Legal | LOT 7 BLOCK 156 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $3,532,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,532,800 |
| Improvement | $137,200 |
|---|---|
| Total Improvement | $137,200 |
| Market | $3,670,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,670,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,670,000 |
| Taxable Value | $3,670,000 |
|---|
Appreciation: Market value has risen +101.6% from $1,820,600 (2021) to $3,670,000 (2025), a CAGR of 19.2% 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 $75,106. Austin ISD is the largest single contributor, at 43.5% 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 ($3,532,800 land vs $137,200 improvements), about $400/SF of land. With value concentrated in the land under a ~61-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 $3,670,000, 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 +19.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,815,166 by 2030, with an estimated annual tax burden around $111,340. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,056 SF | ✗ |
| 551 | PAVED AREA | 2,925 SF | ✗ |
| 1ST | 1st Floor | 1,528 SF | ✓ |
| 2ND | 2nd Floor | 1,528 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 315 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 315 SF | ✗ |
| 251 | BATHROOM | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 88% 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% | $33,954.84 | $33,954.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,231.42 | $19,231.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,793.51 | $13,793.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,331.44 | $4,331.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,794.78 | $3,794.78 | Paid |
| P2U | — | — | — | — | — | — | $2,932.25 | $2,932.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $78,038.24 | $78,038.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,026,340 | $3,670,000 | -44.8% |
| Assessed Value | $2,026,340 | $3,670,000 | -44.8% |
| Land Value | $1,589,760 | $3,532,800 | -55.0% |
| Improvement Value | $436,580 | $137,200 | +218.2% |
| Taxable Value | $2,026,340 | $3,670,000 | -44.8% |
| Total Tax 2026 = estimate |
~$41,469
Estimated
|
~$78,038
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,744,047 | $2,026,340 | -717,707 (-26.2%) |
| Taxable Value | $2,744,047 | $2,026,340 | -717,707 (-26.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,026,340 | $1,589,760 | $436,580 | — | $2,026,340 | $2,026,340 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,670,000 | $3,532,800 | $137,200 | — | $3,670,000 | $3,670,000 | ~$78,038 | Partial |
| 2024 | $3,670,000 | — | — | −$137,200 | $3,532,800 | $— | $75,665 | Verified |
| 2023 | $1,953,178 | — | — | — | $3,532,800 ! | $— | $69,332 | Verified |
| 2022 | $1,879,528 | — | — | −$554,728 | $1,324,800 | $— | $40,027 | Verified |
| 2021 | $1,820,600 | — | — | −$495,800 | $1,324,800 | $— | $40,911 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -25.2% | -25.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2023 | +87.9% ! | +87.9% | ~100% | 1.8900% | Verified |
| 2022 | +3.9% | +3.9% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +95.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -44.8% | +10.0% | +38.5% | +87.9% | 2024 | -44.8% | 2026 |
| Assessment Ratio | 100.0% | 103.4% | — | 180.9% | 2023 | 70.5% | 2022 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$78,038 | $60,795 | ~$95,759 | $78,038 | 2025 | $40,027 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,372,995 | ~$4,037,000 | ~2.0139% | ~$81,303 | +19.2% |
| 2027 | ~$5,210,649 | ~$4,440,700 | ~1.9814% | ~$87,987 | +42.0% |
| 2028 | ~$6,208,758 | ~$4,884,770 | ~1.9488% | ~$95,196 | +69.2% |
| 2029 | ~$7,398,056 | ~$5,373,247 | ~1.9163% | ~$102,967 | +101.6% |
| 2030 | ~$8,815,166 | ~$5,910,572 | ~1.8837% | ~$111,340 | +140.2% |
| 2026 | ~$4,299,595 | ~$4,037,000 | ~2.0465% | ~$82,617 | +17.2% |
| 2027 | ~$5,037,197 | ~$4,440,700 | ~2.0465% | ~$90,878 | +37.3% |
| 2028 | ~$5,901,337 | ~$4,884,770 | ~2.0465% | ~$99,966 | +60.8% |
| 2029 | ~$6,913,721 | ~$5,373,247 | ~2.0465% | ~$109,963 | +88.4% |
| 2030 | ~$8,099,782 | ~$5,910,572 | ~2.0465% | ~$120,959 | +120.7% |
| 2026 | ~$4,446,395 | ~$4,037,000 | ~1.9977% | ~$80,646 | +21.2% |
| 2027 | ~$5,387,037 | ~$4,440,700 | ~1.9488% | ~$86,542 | +46.8% |
| 2028 | ~$6,526,674 | ~$4,884,770 | ~1.9000% | ~$92,811 | +77.8% |
| 2029 | ~$7,907,402 | ~$5,373,247 | ~1.8512% | ~$99,469 | +115.5% |
| 2030 | ~$9,580,226 | ~$5,910,572 | ~1.8024% | ~$106,530 | +161.0% |
In 2025, this property's market value of $3,670,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +159% 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 | $3,670,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,670,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,953,178 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,879,528 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,820,600 | $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.