701 E 55 ST TX 78751
| Owner | RIVER CITY PARTNERS LTD |
|---|---|
| Parcel ID | 0225101716 |
| Short ID | 225377 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 32,112 SF |
| Land SF | 47,631 SF |
| Acres | 1.093 |
| Year Built | 1979 |
| Legal | LOT A RAVEN WILSON SUBD |
| Neighborhood | 80CEN |
| Land | $809,727 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $809,727 |
| Improvement | $1,122,273 |
|---|---|
| Total Improvement | $1,122,273 |
| Market | $1,932,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,932,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,932,000 |
| Taxable Value | $1,932,000 |
|---|
Appreciation: Market value has risen +24.4% from $1,553,000 (2021) to $1,932,000 (2025), a CAGR of 5.6% 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 $39,538. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 42% of market value ($809,727 land vs $1,122,273 improvements), about $17/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,932,000, 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,538,351 by 2030, with an estimated annual tax burden around $47,816. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 32,112 SF | ✓ |
| 328 | MEZZ COMM (STG) | 16,974 SF | ✓ |
| 551 | PAVED AREA | 14,262 SF | ✗ |
| 093 | HVAC COMMRCL SF | 4,947 SF | ✗ |
| 881 | COMMCL FINISHOUT | 2,512 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% | $17,874.86 | $17,874.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,124.01 | $10,124.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,261.33 | $7,261.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,280.20 | $2,280.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,997.69 | $1,997.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,538.09 | $39,538.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,932,000 | $1,932,000 | +0.0% |
| Assessed Value | $1,932,000 | $1,932,000 | +0.0% |
| Land Value | $809,727 | $809,727 | +0.0% |
| Improvement Value | $1,122,273 | $1,122,273 | +0.0% |
| Taxable Value | $1,932,000 | $1,932,000 | +0.0% |
| Total Tax 2026 = estimate |
~$39,538
Estimated
|
~$39,538
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,942,397 | $1,932,000 | -10,397 (-0.5%) |
| Taxable Value | $1,942,397 | $1,932,000 | -10,397 (-0.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,932,000 | $809,727 | $1,122,273 | — | $1,932,000 | $1,932,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,932,000 | $809,727 | $1,122,273 | — | $1,932,000 | $1,932,000 | ~$39,538 | Partial |
| 2024 | $2,166,158 | — | — | −$1,356,431 | $809,727 | $— | $42,760 | Verified |
| 2023 | $1,537,800 | — | — | −$728,073 | $809,727 | $— | $39,191 | Verified |
| 2022 | $1,537,847 | — | — | −$728,120 | $809,727 | $— | $30,370 | Verified |
| 2021 | $1,553,000 | — | — | −$743,273 | $809,727 | $— | $33,474 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | -0.4% | -0.4% | ~100% | 1.9800% | Verified |
| 2023 | +40.9% | +40.9% | ~100% | 1.8100% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.8% | +5.6% | +40.9% | 2024 | -10.8% | 2025 |
| Assessment Ratio | 100.0% | 65.8% | — | 100.0% | 2025 | 37.4% | 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 |
$39,538 | $37,067 | ~$44,403 | $42,760 | 2024 | $30,370 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,040,403 | ~$2,040,403 | ~2.0139% | ~$41,092 | +5.6% |
| 2027 | ~$2,154,889 | ~$2,154,889 | ~1.9814% | ~$42,697 | +11.5% |
| 2028 | ~$2,275,799 | ~$2,275,799 | ~1.9488% | ~$44,352 | +17.8% |
| 2029 | ~$2,403,493 | ~$2,403,493 | ~1.9163% | ~$46,058 | +24.4% |
| 2030 | ~$2,538,351 | ~$2,538,351 | ~1.8837% | ~$47,816 | +31.4% |
| 2026 | ~$2,001,763 | ~$2,001,763 | ~2.0465% | ~$40,966 | +3.6% |
| 2027 | ~$2,074,046 | ~$2,074,046 | ~2.0465% | ~$42,445 | +7.4% |
| 2028 | ~$2,148,939 | ~$2,148,939 | ~2.0465% | ~$43,978 | +11.2% |
| 2029 | ~$2,226,535 | ~$2,226,535 | ~2.0465% | ~$45,566 | +15.2% |
| 2030 | ~$2,306,934 | ~$2,306,934 | ~2.0465% | ~$47,211 | +19.4% |
| 2026 | ~$2,079,043 | ~$2,079,043 | ~1.9977% | ~$41,532 | +7.6% |
| 2027 | ~$2,237,278 | ~$2,237,278 | ~1.9488% | ~$43,601 | +15.8% |
| 2028 | ~$2,407,556 | ~$2,407,556 | ~1.9000% | ~$45,744 | +24.6% |
| 2029 | ~$2,590,794 | ~$2,590,794 | ~1.8512% | ~$47,961 | +34.1% |
| 2030 | ~$2,787,978 | ~$2,787,978 | ~1.8024% | ~$50,250 | +44.3% |
In 2025, this property's market value of $1,932,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +36% 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 | $1,932,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,166,158 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,537,800 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,537,847 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,553,000 | $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.