1814 E M L KING JR BLVD TX 78702
| Owner | 1814 E M L K LLC |
|---|---|
| Parcel ID | 0211091705 |
| Short ID | 202344 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,862 SF |
| Land SF | 19,370 SF |
| Acres | 0.445 |
| Year Built | 1957 |
| Legal | LOT 3-4 BLK 4 OLT 45 DIV B JOHNS C R SUBD |
| Neighborhood | 30CEN |
| Land | $1,937,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,937,000 |
| Improvement | $744,691 |
|---|---|
| Total Improvement | $744,691 |
| Market | $2,681,691 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,681,691 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,681,691 |
| Taxable Value | $2,681,691 |
|---|
Appreciation: Market value has risen +22.6% from $2,186,662 (2021) to $2,681,691 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $54,880. 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 72% of market value ($1,937,000 land vs $744,691 improvements), about $100/SF of land. With value concentrated in the land under a ~69-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 $2,681,691, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,460,928 by 2030, with an estimated annual tax burden around $65,195. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,360 SF | ✗ |
| 1ST | 1st Floor | 5,190 SF | ✓ |
| 611 | TERRACE | 2,232 SF | ✗ |
| 501 | CANOPY | 2,232 SF | ✗ |
| 2ND | 2nd Floor | 672 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $24,811.01 | $24,811.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,052.52 | $14,052.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,079.00 | $10,079.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,165.01 | $3,165.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,772.87 | $2,772.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $54,880.41 | $54,880.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,156,700 | $2,681,691 | -19.6% |
| Assessed Value | $2,156,700 | $2,681,691 | -19.6% |
| Land Value | $1,937,000 | $1,937,000 | +0.0% |
| Improvement Value | $219,700 | $744,691 | -70.5% |
| Taxable Value | $2,156,700 | $2,681,691 | -19.6% |
| Total Tax 2026 = estimate |
~$44,137
Estimated
|
~$54,880
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,745,677 | $2,156,700 | -588,977 (-21.5%) |
| Taxable Value | $2,745,677 | $2,156,700 | -588,977 (-21.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,156,700 | $1,937,000 | $219,700 | — | $2,156,700 | $2,156,700 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,681,691 | $1,937,000 | $744,691 | — | $2,681,691 | $2,681,691 | ~$54,880 | Partial |
| 2024 | $2,113,249 | — | — | −$176,249 | $1,937,000 | $— | $50,257 | Verified |
| 2023 | $1,665,354 | — | — | — | $1,937,000 ! | $— | $38,234 | Verified |
| 2022 | $1,541,244 | — | — | −$185,344 | $1,355,900 | $— | $32,889 | Verified |
| 2021 | $2,186,662 | — | — | −$830,762 | $1,355,900 | $— | $33,548 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | +1.3% | +5.7% | ~100% | Not available | Partial |
| 2024 | +25.3% | +20.0% | 95.8% | 1.9000% | Verified |
| 2023 | +26.9% | +26.9% | ~100% | 1.8100% | Verified |
| 2022 | +8.1% | +8.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +74.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.6% | +2.6% | +10.4% | +26.9% | 2024 | -29.5% | 2022 |
| Assessment Ratio | 100.0% | 93.0% | — | 116.3% | 2023 | 62.0% | 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 |
$54,880 | $41,962 | ~$60,960 | $54,880 | 2025 | $32,889 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,822,055 | ~$2,822,055 | ~2.0139% | ~$56,834 | +5.2% |
| 2027 | ~$2,969,766 | ~$2,969,766 | ~1.9814% | ~$58,843 | +10.7% |
| 2028 | ~$3,125,209 | ~$3,125,209 | ~1.9488% | ~$60,905 | +16.5% |
| 2029 | ~$3,288,787 | ~$3,288,787 | ~1.9163% | ~$63,023 | +22.6% |
| 2030 | ~$3,460,928 | ~$3,460,928 | ~1.8837% | ~$65,195 | +29.1% |
| 2026 | ~$2,768,421 | ~$2,768,421 | ~2.0465% | ~$56,655 | +3.2% |
| 2027 | ~$2,857,957 | ~$2,857,957 | ~2.0465% | ~$58,488 | +6.6% |
| 2028 | ~$2,950,388 | ~$2,950,388 | ~2.0465% | ~$60,379 | +10.0% |
| 2029 | ~$3,045,808 | ~$3,045,808 | ~2.0465% | ~$62,332 | +13.6% |
| 2030 | ~$3,144,315 | ~$3,144,315 | ~2.0465% | ~$64,348 | +17.3% |
| 2026 | ~$2,875,689 | ~$2,875,689 | ~1.9977% | ~$57,447 | +7.2% |
| 2027 | ~$3,083,721 | ~$3,083,721 | ~1.9488% | ~$60,097 | +15.0% |
| 2028 | ~$3,306,803 | ~$3,306,803 | ~1.9000% | ~$62,830 | +23.3% |
| 2029 | ~$3,546,022 | ~$3,546,022 | ~1.8512% | ~$65,644 | +32.2% |
| 2030 | ~$3,802,548 | ~$3,802,548 | ~1.8024% | ~$68,536 | +41.8% |
In 2025, this property's market value of $2,681,691 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +89% 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 | $2,681,691 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,113,249 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,665,354 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,541,244 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,186,662 | $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.