1805 WEST AVE AUSTIN, TX 78701
| Owner | GADDIS REAL PROPERTY HOLDINGS LLC |
|---|---|
| Parcel ID | 0211010301 |
| Short ID | 202005 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,944 SF |
| Land SF | 9,365 SF |
| Acres | 0.215 |
| Year Built | 1965 |
| Legal | W69FT OF W138FT OF N134FT OF OLT 19 DIVISION E |
| Neighborhood | 59CBD |
| Land | $1,217,502 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,217,502 |
| Improvement | $293,550 |
|---|---|
| Total Improvement | $293,550 |
| Market | $1,511,052 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,511,052 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,511,052 |
| Taxable Value | $1,511,052 |
|---|
Appreciation: Market value has risen +11.0% from $1,361,000 (2021) to $1,511,052 (2025), a CAGR of 2.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $30,923. 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 81% of market value ($1,217,502 land vs $293,550 improvements), about $130/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 $1,511,052, 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 +2.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,722,091 by 2030, with an estimated annual tax burden around $32,440. 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 | 5,300 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,944 SF | ✗ |
| 1ST | 1st Floor | 1,248 SF | ✓ |
| RSBLW | Residence Below | 1,248 SF | ✓ |
| 1/2 | Half Floor | 448 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 448 SF | ✗ |
Market value changed by 81% in 2026, 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% | $13,980.25 | $13,980.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,918.17 | $7,918.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,679.21 | $5,679.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,783.39 | $1,783.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,562.43 | $1,562.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,923.45 | $30,923.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,969,504 | $1,511,052 | +30.3% |
| Assessed Value | $1,813,262 | $1,511,052 | +20.0% |
| Land Value | $1,873,080 | $1,217,502 | +53.8% |
| Improvement Value | $96,424 | $293,550 | -67.2% |
| Taxable Value | $1,813,262 | $1,511,052 | +20.0% |
| HS Cap Loss | -$156,242 | — | |
| Total Tax 2026 = estimate |
~$37,108
Estimated
|
~$30,923
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,730,140 | $1,969,504 | -760,636 (-27.9%) |
| Taxable Value | $1,813,262 | $1,813,262 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,969,504 | $1,873,080 | $96,424 | −$156,242 | $1,813,262 | $1,813,262 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,511,052 | $1,217,502 | $293,550 | — | $1,511,052 | $1,511,052 | ~$30,923 | Partial |
| 2024 | $1,685,139 | — | — | −$467,637 | $1,217,502 | $— | $33,396 | Verified |
| 2023 | $1,609,900 | — | — | −$392,398 | $1,217,502 | $— | $30,488 | Verified |
| 2022 | $1,401,289 | — | — | −$183,787 | $1,217,502 | $— | $31,794 | Verified |
| 2021 | $1,361,000 | — | — | −$424,460 | $936,540 | $— | $30,502 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +80.7% ! | +20.0% | 66.4% | Not available | Partial |
| 2025 | -10.3% | -10.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +4.7% | +4.7% | ~100% | 1.8100% | Verified |
| 2022 | +14.9% | +14.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +30.3% | +8.5% | -2.1% | +30.3% | 2026 | -10.3% | 2025 |
| Assessment Ratio | 92.1% | 82.6% | — | 100.0% | 2025 | 68.8% | 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 |
$30,923 | $31,421 | ~$31,845 | $33,396 | 2024 | $30,488 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,551,082 | ~$1,551,082 | ~2.0139% | ~$31,238 | +2.6% |
| 2027 | ~$1,592,172 | ~$1,592,172 | ~1.9814% | ~$31,547 | +5.4% |
| 2028 | ~$1,634,351 | ~$1,634,351 | ~1.9488% | ~$31,851 | +8.2% |
| 2029 | ~$1,677,647 | ~$1,677,647 | ~1.9163% | ~$32,149 | +11.0% |
| 2030 | ~$1,722,091 | ~$1,722,091 | ~1.8837% | ~$32,440 | +14.0% |
| 2026 | ~$1,520,861 | ~$1,520,861 | ~2.0465% | ~$31,124 | +0.6% |
| 2027 | ~$1,530,733 | ~$1,530,733 | ~2.0465% | ~$31,326 | +1.3% |
| 2028 | ~$1,540,670 | ~$1,540,670 | ~2.0465% | ~$31,530 | +2.0% |
| 2029 | ~$1,550,671 | ~$1,550,671 | ~2.0465% | ~$31,734 | +2.6% |
| 2030 | ~$1,560,737 | ~$1,560,737 | ~2.0465% | ~$31,940 | +3.3% |
| 2026 | ~$1,581,303 | ~$1,581,303 | ~1.9977% | ~$31,589 | +4.6% |
| 2027 | ~$1,654,820 | ~$1,654,820 | ~1.9488% | ~$32,250 | +9.5% |
| 2028 | ~$1,731,755 | ~$1,731,755 | ~1.9000% | ~$32,904 | +14.6% |
| 2029 | ~$1,812,267 | ~$1,812,267 | ~1.8512% | ~$33,549 | +19.9% |
| 2030 | ~$1,896,521 | ~$1,896,521 | ~1.8024% | ~$34,182 | +25.5% |
In 2025, this property's market value of $1,511,052 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +7% 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 | $1,511,052 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,685,139 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,609,900 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,401,289 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,361,000 | $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.