901 W 24 ST TX 78705
| Owner | KAB FAMILY LLC |
|---|---|
| Parcel ID | 0214011404 |
| Short ID | 206699 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 3,360 SF |
| Land SF | 8,402 SF |
| Acres | 0.193 |
| Year Built | 1920 |
| Legal | 0.1929 AC OF LOT 3 OLT 38-39 DIVISION D |
| Neighborhood | 59CEN |
| Land | $1,260,359 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,260,359 |
| Improvement | $107,035 |
|---|---|
| Total Improvement | $107,035 |
| Market | $1,367,394 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,367,394 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,367,394 |
| Taxable Value | $1,367,394 |
|---|
Appreciation: Market value has risen +29.1% from $1,058,800 (2021) to $1,367,394 (2025), a CAGR of 6.6% 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 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 $27,984. 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 92% of market value ($1,260,359 land vs $107,035 improvements), about $150/SF of land. With value concentrated in the land under a ~106-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 $1,367,394, this parcel sits in the lower-middle (25th–50th 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,882,536 by 2030, with an estimated annual tax burden around $35,462. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,500 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 3,360 SF | ✗ |
| 1ST | 1st Floor | 2,308 SF | ✓ |
| 2ND | 2nd Floor | 1,052 SF | ✓ |
| 501 | CANOPY | 432 SF | ✗ |
| 611 | TERRACE | 432 SF | ✗ |
| 571C | STORAGE DET COMM | 216 SF | ✓ |
| 511 | DECK | 200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 100 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% | $12,651.13 | $12,651.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,165.38 | $7,165.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,139.28 | $5,139.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,613.84 | $1,613.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,413.89 | $1,413.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,983.52 | $27,983.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,536,500 | $1,367,394 | +12.4% |
| Assessed Value | $1,536,500 | $1,367,394 | +12.4% |
| Land Value | $1,260,359 | $1,260,359 | +0.0% |
| Improvement Value | $276,141 | $107,035 | +158.0% |
| Taxable Value | $1,536,500 | $1,367,394 | +12.4% |
| Total Tax 2026 = estimate |
~$31,444
Estimated
|
~$27,984
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,107,184 | $1,536,500 | -570,684 (-27.1%) |
| Taxable Value | $1,640,873 | $1,536,500 | -104,373 (-6.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,536,500 | $1,260,359 | $276,141 | — | $1,536,500 | $1,536,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,367,394 | $1,260,359 | $107,035 | — | $1,367,394 | $1,367,394 | ~$27,984 | Partial |
| 2024 | $1,776,951 | — | — | −$516,592 | $1,260,359 | $— | $30,967 | Verified |
| 2023 | $1,382,900 | — | — | −$122,541 | $1,260,359 | $— | $32,149 | Verified |
| 2022 | $1,060,770 | — | — | −$52,483 | $1,008,287 | $— | $27,311 | Verified |
| 2021 | $1,058,800 | — | — | −$428,621 | $630,179 | $— | $23,090 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +54.1% | +20.0% | 77.9% | Not available | Partial |
| 2025 | -12.5% | -12.5% | ~100% | Not available | Partial |
| 2024 | -12.1% | -12.1% | ~100% | 1.9800% | Verified |
| 2023 | +28.5% | +28.5% | ~100% | 1.8100% | Verified |
| 2022 | +30.4% | +30.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.4% | +9.7% | +4.3% | +30.4% | 2023 | -23.0% | 2025 |
| Assessment Ratio | 100.0% | 86.1% | — | 100.0% | 2025 | 59.5% | 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 |
$27,984 | $28,300 | ~$32,346 | $32,149 | 2023 | $23,090 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,457,685 | ~$1,457,685 | ~2.0139% | ~$29,357 | +6.6% |
| 2027 | ~$1,553,937 | ~$1,553,937 | ~1.9814% | ~$30,790 | +13.6% |
| 2028 | ~$1,656,546 | ~$1,656,546 | ~1.9488% | ~$32,283 | +21.1% |
| 2029 | ~$1,765,930 | ~$1,765,930 | ~1.9163% | ~$33,840 | +29.1% |
| 2030 | ~$1,882,536 | ~$1,882,536 | ~1.8837% | ~$35,462 | +37.7% |
| 2026 | ~$1,430,337 | ~$1,430,337 | ~2.0465% | ~$29,272 | +4.6% |
| 2027 | ~$1,496,177 | ~$1,496,177 | ~2.0465% | ~$30,619 | +9.4% |
| 2028 | ~$1,565,048 | ~$1,565,048 | ~2.0465% | ~$32,028 | +14.5% |
| 2029 | ~$1,637,089 | ~$1,637,089 | ~2.0465% | ~$33,503 | +19.7% |
| 2030 | ~$1,712,446 | ~$1,712,446 | ~2.0465% | ~$35,045 | +25.2% |
| 2026 | ~$1,485,033 | ~$1,485,033 | ~1.9977% | ~$29,666 | +8.6% |
| 2027 | ~$1,612,792 | ~$1,612,792 | ~1.9488% | ~$31,431 | +17.9% |
| 2028 | ~$1,751,542 | ~$1,751,542 | ~1.9000% | ~$33,280 | +28.1% |
| 2029 | ~$1,902,230 | ~$1,902,230 | ~1.8512% | ~$35,214 | +39.1% |
| 2030 | ~$2,065,881 | ~$2,065,881 | ~1.8024% | ~$37,235 | +51.1% |
In 2025, this property's market value of $1,367,394 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -4% 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 | $1,367,394 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,776,951 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,382,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,060,770 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,058,800 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.