1715 S 1 ST TX 78704
| Owner | GARCIA ALBERTO & |
|---|---|
| Parcel ID | 0400000103 |
| Short ID | 301999 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,225 SF |
| Land SF | 5,957 SF |
| Acres | 0.137 |
| Year Built | 1932 |
| Legal | W 136FT OF LOT 15 BLK 3 BOULDIN D W |
| Neighborhood | 59SCN |
| Land | $953,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $953,120 |
| Improvement | $141,786 |
|---|---|
| Total Improvement | $141,786 |
| Market | $1,094,906 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,094,906 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,094,906 |
| Taxable Value | $1,094,906 |
|---|
Appreciation: Market value has risen +55.2% from $705,416 (2021) to $1,094,906 (2025), a CAGR of 11.6% over 4 years. This is strong appreciation — well above typical inflation. 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 $22,407. 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 87% of market value ($953,120 land vs $141,786 improvements), about $160/SF of land. With value concentrated in the land under a ~94-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 $1,094,906, 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 +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,896,886 by 2030, with an estimated annual tax burden around $33,217. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,838 SF | ✗ |
| 1ST | 1st Floor | 1,225 SF | ✓ |
| 541 | FENCE COMM LF | 170 SF | ✗ |
| 511 | DECK | 70 SF | ✗ |
| 591 | MASONRY TRIM SF | 40 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% | $9,252.00 | $9,252.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,240.17 | $5,240.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,758.45 | $3,758.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,180.23 | $1,180.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,034.00 | $1,034.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,464.85 | $20,464.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,262,213 | $1,094,906 | +15.3% |
| Assessed Value | $1,200,000 | $1,094,906 | +9.6% |
| Land Value | $953,120 | $953,120 | +0.0% |
| Improvement Value | $309,093 | $141,786 | +118.0% |
| Taxable Value | $1,200,000 | $1,094,906 | +9.6% |
| HS Cap Loss | -$62,213 | — | |
| Total Tax 2026 = estimate |
~$24,558
Estimated
|
~$20,465
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,262,213 | $1,262,213 | +0 (+0.0%) |
| Taxable Value | $1,200,000 | $1,200,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,262,213 | $953,120 | $309,093 | −$62,213 | $1,200,000 | $1,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,094,906 | $953,120 | $141,786 | — | $1,094,906 | $1,094,906 | ~$20,465 | Partial |
| 2024 | $989,000 | — | — | −$35,880 | $953,120 | $— | $19,818 | Verified |
| 2023 | $710,195 | — | — | — | $953,120 ! | $— | $17,893 | Verified |
| 2022 | $710,195 | — | — | −$114,495 | $595,700 | $— | $14,026 | Verified |
| 2021 | $705,416 | — | — | −$109,716 | $595,700 | $— | $15,459 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.3% | +9.6% | 95.1% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | +4.4% | +4.4% | ~100% | 1.7300% | Verified |
| 2023 | +54.2% | +54.2% | ~100% | 1.6300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.3% | +13.2% | +8.7% | +39.3% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 95.1% | 99.0% | — | 134.2% | 2023 | 83.9% | 2022 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,465 | $17,532 | ~$28,569 | $20,465 | 2025 | $14,026 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,222,108 | ~$1,204,397 | ~2.0139% | ~$24,256 | +11.6% |
| 2027 | ~$1,364,089 | ~$1,324,836 | ~1.9814% | ~$26,250 | +24.6% |
| 2028 | ~$1,522,564 | ~$1,457,320 | ~1.9488% | ~$28,401 | +39.1% |
| 2029 | ~$1,699,450 | ~$1,603,052 | ~1.9163% | ~$30,719 | +55.2% |
| 2030 | ~$1,896,886 | ~$1,763,357 | ~1.8837% | ~$33,217 | +73.2% |
| 2026 | ~$1,200,210 | ~$1,200,210 | ~2.0465% | ~$24,562 | +9.6% |
| 2027 | ~$1,315,642 | ~$1,315,642 | ~2.0465% | ~$26,924 | +20.2% |
| 2028 | ~$1,442,176 | ~$1,442,176 | ~2.0465% | ~$29,514 | +31.7% |
| 2029 | ~$1,580,880 | ~$1,580,880 | ~2.0465% | ~$32,352 | +44.4% |
| 2030 | ~$1,732,923 | ~$1,732,923 | ~2.0465% | ~$35,464 | +58.3% |
| 2026 | ~$1,244,006 | ~$1,204,397 | ~1.9977% | ~$24,060 | +13.6% |
| 2027 | ~$1,413,411 | ~$1,324,836 | ~1.9488% | ~$25,819 | +29.1% |
| 2028 | ~$1,605,884 | ~$1,457,320 | ~1.9000% | ~$27,689 | +46.7% |
| 2029 | ~$1,824,568 | ~$1,603,052 | ~1.8512% | ~$29,676 | +66.6% |
| 2030 | ~$2,073,031 | ~$1,763,357 | ~1.8024% | ~$31,782 | +89.3% |
In 2025, this property's market value of $1,094,906 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -23% 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 | $1,094,906 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $989,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $710,195 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $710,195 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $705,416 | $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.