4505 E M L KING JR BLVD C TX 78721
| Owner | ECHO QUALITATIVE PROJECT SUPPORT LLC |
|---|---|
| Parcel ID | 0212200912 |
| Short ID | 877692 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,163 SF |
| Land SF | 3,615 SF |
| Acres | 0.083 |
| Year Built | 2016 |
| Legal | UNT COM C EAGLE VIEW PLACE CONDOMINIUMS PLUS 9.68 % INT IN COM AREA |
| Neighborhood | 24EC11 |
| Land | $144,612 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $144,612 |
| Improvement | $481,990 |
|---|---|
| Total Improvement | $481,990 |
| Market | $626,602 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $626,602 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $626,602 |
| Taxable Value | $626,602 |
|---|
| Total Due | $20,531.47 |
|---|---|
| First Delinquent | 2024 |
Appreciation: Market value has risen +98.2% from $316,082 (2021) to $626,602 (2025), a CAGR of 18.7% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $12,823. 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 23% of market value ($144,612 land vs $481,990 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $626,602, this parcel sits in the bottom quartile (<25th 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 +18.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,473,947 by 2030, with an estimated annual tax burden around $19,010. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $20,531.47 in unpaid taxes since 2024. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,163 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +291 |
| Travis County | 0.3444% | 0.3758% | +197 |
| Austin ISD | 0.9505% | 0.9252% | -159 |
| Travis Central Health | 0.1080% | 0.1180% | +63 |
| Austin Community College | 0.1013% | 0.1034% | +13 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $5,797.32 | $— | $5,797.32 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,283.50 | $— | $3,283.50 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,355.05 | $— | $2,355.05 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $739.53 | $— | $739.53 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $647.91 | $— | $647.91 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,823.31 | $0.00 | $12,823.31 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $633,130 | $626,602 | +1.0% |
| Assessed Value | $633,130 | $626,602 | +1.0% |
| Land Value | $144,612 | $144,612 | +0.0% |
| Improvement Value | $488,518 | $481,990 | +1.4% |
| Taxable Value | $633,130 | $626,602 | +1.0% |
| Total Tax 2026 = estimate |
~$12,957
Estimated
|
$12,823 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $633,130 | $633,130 | +0 (+0.0%) |
| Taxable Value | $633,130 | $633,130 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $633,130 | $144,612 | $488,518 | — | $633,130 | $633,130 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $626,602 | $144,612 | $481,990 | — | $626,602 | $626,602 | $12,823 | Verified |
| 2024 | $608,602 | — | — | −$463,990 | $144,612 | $— | $12,253 | Verified |
| 2023 | $474,801 | — | — | −$384,419 | $90,382 | $— | $11,011 | Verified |
| 2022 | $316,082 | — | — | −$225,700 | $90,382 | $— | $9,377 | Verified |
| 2021 | $316,082 | — | — | −$243,776 | $72,306 | $— | $6,880 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | 2.0500% | Verified |
| 2024 | +1.6% | +1.6% | ~100% | 1.9800% | Verified |
| 2023 | +28.2% | +28.2% | ~100% | 1.8100% | Verified |
| 2022 | +28.3% | +28.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +69.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +16.5% | +18.4% | +50.2% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 49.1% | — | 100.0% | 2025 | 19.0% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $12,823 | $10,469 | ~$16,349 | $12,823 | 2025 | $6,880 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$743,515 | ~$689,262 | ~2.0139% | ~$13,881 | +18.7% |
| 2027 | ~$882,242 | ~$758,188 | ~1.9814% | ~$15,023 | +40.8% |
| 2028 | ~$1,046,853 | ~$834,007 | ~1.9488% | ~$16,253 | +67.1% |
| 2029 | ~$1,242,178 | ~$917,408 | ~1.9163% | ~$17,580 | +98.2% |
| 2030 | ~$1,473,947 | ~$1,009,149 | ~1.8837% | ~$19,010 | +135.2% |
| 2026 | ~$730,983 | ~$689,262 | ~2.0465% | ~$14,106 | +16.7% |
| 2027 | ~$852,752 | ~$758,188 | ~2.0465% | ~$15,516 | +36.1% |
| 2028 | ~$994,806 | ~$834,007 | ~2.0465% | ~$17,068 | +58.8% |
| 2029 | ~$1,160,523 | ~$917,408 | ~2.0465% | ~$18,775 | +85.2% |
| 2030 | ~$1,353,846 | ~$1,009,149 | ~2.0465% | ~$20,652 | +116.1% |
| 2026 | ~$756,047 | ~$689,262 | ~1.9977% | ~$13,769 | +20.7% |
| 2027 | ~$912,233 | ~$758,188 | ~1.9488% | ~$14,776 | +45.6% |
| 2028 | ~$1,100,685 | ~$834,007 | ~1.9000% | ~$15,846 | +75.7% |
| 2029 | ~$1,328,067 | ~$917,408 | ~1.8512% | ~$16,983 | +111.9% |
| 2030 | ~$1,602,423 | ~$1,009,149 | ~1.8024% | ~$18,189 | +155.7% |
In 2025, this property's market value of $626,602 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -56% below 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 | $626,602 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $608,602 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $474,801 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $316,082 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $316,082 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | 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.