1615 GUADALUPE ST 78701
| Owner | 1615 GUADALUPE LLC |
|---|---|
| Parcel ID | 0210023519 |
| Short ID | 953234 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 5,146 SF |
| Land SF | 420 SF |
| Acres | 0.010 |
| Year Built | 2024 |
| Legal | UNT COMMERICAL UNIT LINDEN CONDOMINIUMS PLUS 3.3911 % INT IN COM AREA |
| Neighborhood | CBD |
| Land | $63,038 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,038 |
| Improvement | $2,393,684 |
|---|---|
| Total Improvement | $2,393,684 |
| Market | $2,456,722 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,456,722 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,036,242 |
| Net Appraised (assessed) | $420,480 |
| Taxable Value | $420,480 |
|---|
Appreciation: Market value has risen +3263.6% from $73,038 (2023) to $2,456,722 (2025), a CAGR of 480.0% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +18.9%, so this parcel has outpaced the broader land/vacant 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 $8,605. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($420,480) is $2,036,242 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. 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 3% of market value ($63,038 land vs $2,393,684 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,456,722, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +480.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,120,327,898 by 2030, with an estimated annual tax burden around $12,756. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,146 SF | ✓ |
Market value changed by 300% 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% | $3,890.28 | $3,890.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,203.39 | $2,203.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,580.35 | $1,580.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $496.26 | $496.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $434.78 | $434.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,605.06 | $8,605.06 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $2,456,722 | — |
| Assessed Value | — | $420,480 | — |
| Land Value | — | $63,038 | — |
| Improvement Value | — | $2,393,684 | — |
| Taxable Value | — | $420,480 | — |
| Total Tax | Pending certification |
~$8,605
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,456,722 | $63,038 | $2,393,684 | −$2,036,242 | $420,480 | $420,480 | ~$8,605 | Partial |
| 2024 | $292,000 | — | — | −$228,962 | $63,038 | $— | $6,944 | Verified |
| 2023 | $73,038 | — | — | — | — | $— | $5,283 | Verified |
| 2022 | $— | — | — | — | — | $— | $1,442 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +262.9% ! | +20.0% | 17.1% | Not available | Partial |
| 2024 | +131.8% ! | +20.0% | 51.8% | 1.0300% | Verified |
| 2023 | +299.8% ! | +299.8% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3263.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +741.3% | +520.5% | +480.0% | +741.3% | 2025 | +299.8% | 2024 |
| Assessment Ratio | 17.1% | 19.4% | — | 21.6% | 2024 | 17.1% | 2025 |
| Effective Tax Rate (2025) | 0.3500% | 0.3500% | — | 0.3500% | 2025 | 0.3500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,605 | $6,944 | ~$10,971 | $8,605 | 2025 | $5,283 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,248,186 | ~$462,528 | ~2.0139% | ~$9,315 | +480.0% |
| 2027 | ~$82,634,834 | ~$508,781 | ~1.9814% | ~$10,081 | +3263.6% |
| 2028 | ~$479,255,084 | ~$559,659 | ~1.9488% | ~$10,907 | +19407.9% |
| 2029 | ~$2,779,523,179 | ~$615,625 | ~1.9163% | ~$11,797 | +113039.5% |
| 2030 | ~$16,120,327,898 | ~$677,187 | ~1.8837% | ~$12,756 | +656072.2% |
| 2026 | ~$14,199,052 | ~$462,528 | ~2.0465% | ~$9,466 | +478.0% |
| 2027 | ~$82,065,889 | ~$508,781 | ~2.0465% | ~$10,412 | +3240.5% |
| 2028 | ~$474,314,072 | ~$559,659 | ~2.0465% | ~$11,453 | +19206.8% |
| 2029 | ~$2,741,380,641 | ~$615,625 | ~2.0465% | ~$12,599 | +111486.9% |
| 2030 | ~$15,844,286,001 | ~$677,187 | ~2.0465% | ~$13,859 | +644836.1% |
| 2026 | ~$14,297,321 | ~$462,528 | ~1.9977% | ~$9,240 | +482.0% |
| 2027 | ~$83,205,744 | ~$508,781 | ~1.9488% | ~$9,915 | +3286.9% |
| 2028 | ~$484,230,292 | ~$559,659 | ~1.9000% | ~$10,634 | +19610.4% |
| 2029 | ~$2,818,062,366 | ~$615,625 | ~1.8512% | ~$11,396 | +114608.2% |
| 2030 | ~$16,400,203,858 | ~$677,187 | ~1.8024% | ~$12,205 | +667464.5% |
In 2025, this property's market value of $2,456,722 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 29× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,456,722 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $292,000 | $23,000 | $66,000 | $330,000 | ↑ Above median | +0.0% |
| 2023 | $73,038 | $25,000 | $71,500 | $271,439 | ↑ Above median | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.