1507 NORTH ST 1 TX 78756
| Owner | MCCQ LLC |
|---|---|
| Parcel ID | 0226041510 |
| Short ID | 832805 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 431 SF |
| Land SF | 684 SF |
| Acres | 0.016 |
| Year Built | 2008 |
| Legal | UNT 1 TERRACES ON NORTH CONDOMINIUMS AMENDED PLUS 3.9 % INT IN COM AREA |
| Neighborhood | 24NC02 |
| Land | $30,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,800 |
| Improvement | $141,069 |
|---|---|
| Total Improvement | $141,069 |
| Market | $171,869 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $171,869 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $171,869 |
| Taxable Value | $171,869 |
|---|
Appreciation: Market value has fallen -0.1% from $171,956 (2021) to $171,869 (2025), a CAGR of -0.0% 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 $3,517. 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 18% of market value ($30,800 land vs $141,069 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $171,869, 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 -0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $171,760 by 2030, with an estimated annual tax burden around $3,236. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 431 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% | $1,590.13 | $1,590.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $900.62 | $900.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $645.96 | $645.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $202.84 | $202.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $177.71 | $177.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,517.26 | $3,517.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $217,957 | $171,869 | +26.8% |
| Assessed Value | $206,243 | $171,869 | +20.0% |
| Land Value | $30,800 | $30,800 | +0.0% |
| Improvement Value | $187,157 | $141,069 | +32.7% |
| Taxable Value | $206,243 | $171,869 | +20.0% |
| HS Cap Loss | -$11,714 | — | |
| Total Tax 2026 = estimate |
~$4,221
Estimated
|
~$3,517
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $217,957 | $217,957 | +0 (+0.0%) |
| Taxable Value | $206,243 | $206,243 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $217,957 | $30,800 | $187,157 | −$11,714 | $206,243 | $206,243 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $171,869 | $30,800 | $141,069 | — | $171,869 | $171,869 | ~$3,517 | Partial |
| 2024 | $333,000 | — | — | −$302,200 | $30,800 | $— | $3,692 | Verified |
| 2023 | $247,181 | — | — | −$216,381 | $30,800 | $— | $6,025 | Verified |
| 2022 | $199,620 | — | — | −$168,820 | $30,800 | $— | $4,882 | Verified |
| 2021 | $171,956 | — | — | −$144,578 | $27,378 | $— | $4,345 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.8% | +20.0% | 94.6% | Not available | Partial |
| 2025 | -7.7% | -7.7% | ~100% | Not available | Partial |
| 2024 | -47.4% | -47.4% | ~100% | 1.9800% | Verified |
| 2023 | +43.3% | +43.3% | ~100% | 1.7000% | Verified |
| 2022 | +23.8% | +23.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.8% | +10.6% | -4.2% | +34.7% | 2024 | -48.4% | 2025 |
| Assessment Ratio | 94.6% | 41.3% | — | 100.0% | 2025 | 9.2% | 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 |
$3,517 | $4,492 | ~$3,348 | $6,025 | 2023 | $3,517 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$171,847 | ~$171,847 | ~2.0139% | ~$3,461 | -0.0% |
| 2027 | ~$171,826 | ~$171,826 | ~1.9814% | ~$3,405 | -0.0% |
| 2028 | ~$171,804 | ~$171,804 | ~1.9488% | ~$3,348 | -0.0% |
| 2029 | ~$171,782 | ~$171,782 | ~1.9163% | ~$3,292 | -0.1% |
| 2030 | ~$171,760 | ~$171,760 | ~1.8837% | ~$3,236 | -0.1% |
| 2026 | ~$168,410 | ~$168,410 | ~2.0465% | ~$3,446 | -2.0% |
| 2027 | ~$165,020 | ~$165,020 | ~2.0465% | ~$3,377 | -4.0% |
| 2028 | ~$161,699 | ~$161,699 | ~2.0465% | ~$3,309 | -5.9% |
| 2029 | ~$158,445 | ~$158,445 | ~2.0465% | ~$3,243 | -7.8% |
| 2030 | ~$155,256 | ~$155,256 | ~2.0465% | ~$3,177 | -9.7% |
| 2026 | ~$175,285 | ~$175,285 | ~1.9977% | ~$3,502 | +2.0% |
| 2027 | ~$178,768 | ~$178,768 | ~1.9488% | ~$3,484 | +4.0% |
| 2028 | ~$182,321 | ~$182,321 | ~1.9000% | ~$3,464 | +6.1% |
| 2029 | ~$185,944 | ~$185,944 | ~1.8512% | ~$3,442 | +8.2% |
| 2030 | ~$189,640 | ~$189,640 | ~1.8024% | ~$3,418 | +10.3% |
In 2025, this property's market value of $171,869 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -88% 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 | $171,869 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $333,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $247,181 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $199,620 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $171,956 | $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.