2905 SAN GABRIEL ST TX 78705
| Owner | SAN GABRIEL LTD |
|---|---|
| Parcel ID | 0217021221 |
| Short ID | 211343 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 44,365 SF |
| Land SF | 76,090 SF |
| Acres | 1.747 |
| Year Built | 1986 |
| Legal | LOT 6-10 * & N 50' OF LOT 11 OLT 72 DIV D ROBBINS SUBD LOT 1A * AMENDED PLAT OF GABRIEL'S COURT SUBD |
| Neighborhood | 51CEN |
| Land | $7,609,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,609,000 |
| Improvement | $2,683,436 |
|---|---|
| Total Improvement | $2,683,436 |
| Market | $10,292,436 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,292,436 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,292,436 |
| Taxable Value | $10,292,436 |
|---|
Appreciation: Market value has fallen -27.0% from $14,091,000 (2021) to $10,292,436 (2025), a CAGR of -7.6% over 4 years. Growth has been relatively flat for this asset class. 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 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 $210,633. 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 74% of market value ($7,609,000 land vs $2,683,436 improvements), about $100/SF of land. With value concentrated in the land under a ~40-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 $10,292,436, this parcel sits in the top quartile (≥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 -7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,950,061 by 2030, with an estimated annual tax burden around $130,921. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 54,138 SF | ✗ |
| 491 | SPRINKLER HEADS | 42,597 SF | ✗ |
| 187 | PARKING GARAGE | 41,178 SF | ✓ |
| 2ND | 2nd Floor | 23,218 SF | ✓ |
| 551 | PAVED AREA | 15,405 SF | ✗ |
| 3RD | 3rd Floor | 11,207 SF | ✓ |
| 1ST | 1st Floor | 9,940 SF | ✓ |
| 501 | CANOPY | 8,333 SF | ✗ |
| 581C | STORAGE ATT COMM | 648 SF | ✓ |
| 611 | TERRACE | 330 SF | ✗ |
| 541 | FENCE COMM LF | 324 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $95,225.62 | $95,225.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $53,934.11 | $53,934.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $38,683.61 | $38,683.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,147.44 | $12,147.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,642.38 | $10,642.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $210,633.16 | $210,633.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,470,733 | $10,292,436 | +1.7% |
| Assessed Value | $10,470,733 | $10,292,436 | +1.7% |
| Land Value | $7,609,000 | $7,609,000 | +0.0% |
| Improvement Value | $2,861,733 | $2,683,436 | +6.6% |
| Taxable Value | $10,470,733 | $10,292,436 | +1.7% |
| Total Tax 2026 = estimate |
~$214,282
Estimated
|
~$210,633
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,470,733 | $10,470,733 | +0 (+0.0%) |
| Taxable Value | $10,470,733 | $10,470,733 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,470,733 | $7,609,000 | $2,861,733 | — | $10,470,733 | $10,470,733 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,292,436 | $7,609,000 | $2,683,436 | — | $10,292,436 | $10,292,436 | ~$210,633 | Partial |
| 2024 | $12,659,703 | — | — | −$5,050,703 | $7,609,000 | $— | $225,073 | Verified |
| 2023 | $14,454,700 | — | — | −$6,845,700 | $7,609,000 | $— | $229,045 | Verified |
| 2022 | $13,651,500 | — | — | −$7,564,300 | $6,087,200 | $— | $285,469 | Verified |
| 2021 | $14,091,000 | — | — | −$8,003,800 | $6,087,200 | $— | $297,149 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2025 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2024 | -10.3% | -10.3% | ~100% | 1.9800% | Verified |
| 2023 | -12.4% | -12.4% | ~100% | 1.8100% | Verified |
| 2022 | +5.9% | +5.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -24.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | -5.3% | -7.9% | +5.9% | 2023 | -18.7% | 2025 |
| Assessment Ratio | 100.0% | 66.8% | — | 100.0% | 2025 | 43.2% | 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 |
$210,633 | $249,474 | ~$159,877 | $297,149 | 2021 | $210,633 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,515,076 | ~$9,515,076 | ~2.0139% | ~$191,628 | -7.6% |
| 2027 | ~$8,796,428 | ~$8,796,428 | ~1.9814% | ~$174,291 | -14.5% |
| 2028 | ~$8,132,058 | ~$8,132,058 | ~1.9488% | ~$158,481 | -21.0% |
| 2029 | ~$7,517,865 | ~$7,517,865 | ~1.9163% | ~$144,064 | -27.0% |
| 2030 | ~$6,950,061 | ~$6,950,061 | ~1.8837% | ~$130,921 | -32.5% |
| 2026 | ~$9,777,814 | ~$9,777,814 | ~2.0465% | ~$200,101 | -5.0% |
| 2027 | ~$9,288,923 | ~$9,288,923 | ~2.0465% | ~$190,096 | -9.8% |
| 2028 | ~$8,824,477 | ~$8,824,477 | ~2.0465% | ~$180,592 | -14.3% |
| 2029 | ~$8,383,253 | ~$8,383,253 | ~2.0465% | ~$171,562 | -18.5% |
| 2030 | ~$7,964,091 | ~$7,964,091 | ~2.0465% | ~$162,984 | -22.6% |
| 2026 | ~$9,720,925 | ~$9,720,925 | ~1.9977% | ~$194,191 | -5.6% |
| 2027 | ~$9,181,148 | ~$9,181,148 | ~1.9488% | ~$178,926 | -10.8% |
| 2028 | ~$8,671,344 | ~$8,671,344 | ~1.9000% | ~$164,757 | -15.8% |
| 2029 | ~$8,189,847 | ~$8,189,847 | ~1.8512% | ~$151,610 | -20.4% |
| 2030 | ~$7,735,087 | ~$7,735,087 | ~1.8024% | ~$139,415 | -24.8% |
In 2025, this property's market value of $10,292,436 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,292,436 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,659,703 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,454,700 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,651,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,091,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.