605 E 56 ST TX 78751
| Owner | JOHNSON SPECIAL LAND LTD & |
|---|---|
| Parcel ID | 0225100816 |
| Short ID | 225281 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 16,160 SF |
| Land SF | 37,700 SF |
| Acres | 0.865 |
| Year Built | 1969 |
| Legal | LOT 10-21 LESS N 10FT & E5FT BLK 34 HIGHLANDS THE PLUS 1/2 ADJ VAC ALLEY |
| Neighborhood | 80CEN |
| Land | $754,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $754,000 |
| Improvement | $532,170 |
|---|---|
| Total Improvement | $532,170 |
| Market | $1,286,170 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,286,170 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,286,170 |
| Taxable Value | $1,286,170 |
|---|
Appreciation: Market value has risen +33.3% from $965,000 (2021) to $1,286,170 (2025), a CAGR of 7.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 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 $26,321. 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 59% of market value ($754,000 land vs $532,170 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,286,170, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,841,884 by 2030, with an estimated annual tax burden around $34,696. 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 | 17,500 SF | ✗ |
| 1ST | 1st Floor | 16,160 SF | ✓ |
| 501 | CANOPY | 1,302 SF | ✗ |
| 881 | COMMCL FINISHOUT | 959 SF | ✓ |
| 327 | STORAGE COMM'L | 720 SF | ✓ |
| 541 | FENCE COMM LF | 440 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% | $11,899.64 | $11,899.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,739.75 | $6,739.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,834.01 | $4,834.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,517.98 | $1,517.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,329.90 | $1,329.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,321.28 | $26,321.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,299,766 | $1,286,170 | +1.1% |
| Assessed Value | $1,299,766 | $1,286,170 | +1.1% |
| Land Value | $754,000 | $754,000 | +0.0% |
| Improvement Value | $545,766 | $532,170 | +2.6% |
| Taxable Value | $1,299,766 | $1,286,170 | +1.1% |
| Total Tax 2026 = estimate |
~$26,600
Estimated
|
~$26,321
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,299,766 | $1,299,766 | +0 (+0.0%) |
| Taxable Value | $1,299,766 | $1,299,766 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,299,766 | $754,000 | $545,766 | — | $1,299,766 | $1,299,766 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,286,170 | $754,000 | $532,170 | — | $1,286,170 | $1,286,170 | ~$26,321 | Partial |
| 2024 | $1,275,000 | — | — | −$521,000 | $754,000 | $— | $25,330 | Verified |
| 2023 | $1,061,700 | — | — | −$307,700 | $754,000 | $— | $23,068 | Verified |
| 2022 | $1,061,777 | — | — | −$307,777 | $754,000 | $— | $20,968 | Verified |
| 2021 | $965,000 | — | — | −$211,000 | $754,000 | $— | $23,111 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | 1.9800% | Verified |
| 2023 | +20.1% | +20.1% | ~100% | 1.8100% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.1% | +6.4% | +7.2% | +20.1% | 2024 | +-0.0% | 2023 |
| Assessment Ratio | 100.0% | 79.9% | — | 100.0% | 2025 | 59.1% | 2024 |
| 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 |
$26,321 | $23,760 | ~$31,178 | $26,321 | 2025 | $20,968 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,381,946 | ~$1,381,946 | ~2.0139% | ~$27,832 | +7.4% |
| 2027 | ~$1,484,855 | ~$1,484,855 | ~1.9814% | ~$29,421 | +15.4% |
| 2028 | ~$1,595,426 | ~$1,595,426 | ~1.9488% | ~$31,092 | +24.0% |
| 2029 | ~$1,714,231 | ~$1,714,231 | ~1.9163% | ~$32,850 | +33.3% |
| 2030 | ~$1,841,884 | ~$1,841,884 | ~1.8837% | ~$34,696 | +43.2% |
| 2026 | ~$1,356,223 | ~$1,356,223 | ~2.0465% | ~$27,755 | +5.4% |
| 2027 | ~$1,430,091 | ~$1,430,091 | ~2.0465% | ~$29,267 | +11.2% |
| 2028 | ~$1,507,983 | ~$1,507,983 | ~2.0465% | ~$30,861 | +17.2% |
| 2029 | ~$1,590,117 | ~$1,590,117 | ~2.0465% | ~$32,542 | +23.6% |
| 2030 | ~$1,676,725 | ~$1,676,725 | ~2.0465% | ~$34,314 | +30.4% |
| 2026 | ~$1,407,670 | ~$1,407,670 | ~1.9977% | ~$28,120 | +9.4% |
| 2027 | ~$1,540,647 | ~$1,540,647 | ~1.9488% | ~$30,025 | +19.8% |
| 2028 | ~$1,686,186 | ~$1,686,186 | ~1.9000% | ~$32,038 | +31.1% |
| 2029 | ~$1,845,474 | ~$1,845,474 | ~1.8512% | ~$34,163 | +43.5% |
| 2030 | ~$2,019,808 | ~$2,019,808 | ~1.8024% | ~$36,404 | +57.0% |
In 2025, this property's market value of $1,286,170 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -9% 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 | $1,286,170 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,275,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,061,700 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,061,777 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $965,000 | $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.