1407 EVA ST TX 78704
| Owner | 78704 PARTNERS LTD |
|---|---|
| Parcel ID | 0400001508 |
| Short ID | 728133 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 70,000 SF |
| Land SF | 25,804 SF |
| Acres | 0.592 |
| Year Built | 2006 |
| Legal | .5924AC OF LOT 13A BLK 14 SWISHER ADDN AMENDED PLAT OF LTS 13-16 & N 35FT OF LOT 11 & L0T 12 BLK 14 SWISHER ADDN |
| Neighborhood | 87004 |
| Land | $412,856 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $412,856 |
| Improvement | $564,767 |
|---|---|
| Total Improvement | $564,767 |
| Market | $977,623 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $977,623 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $977,623 |
| Exemptions (−) | −$276,507 |
|---|---|
| Taxable Value | $701,116 |
Appreciation: Market value has fallen -77.5% from $4,335,550 (2021) to $977,623 (2025), a CAGR of -31.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $14,348. 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 42% of market value ($412,856 land vs $564,767 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $977,623, 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 -31.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $151,908 by 2030, with an estimated annual tax burden around $2,862. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 70,000 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 280 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% | $6,337.48 | $6,337.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,589.44 | $3,589.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,574.48 | $2,574.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $808.44 | $808.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $708.27 | $708.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,018.11 | $14,018.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $938,815 | $977,623 | -4.0% |
| Assessed Value | $938,815 | $977,623 | -4.0% |
| Land Value | $412,856 | $412,856 | +0.0% |
| Improvement Value | $525,959 | $564,767 | -6.9% |
| Taxable Value | $701,116 | $701,116 | +0.0% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$14,348
Estimated
|
~$14,018
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $938,815 | $938,815 | +0 (+0.0%) |
| Taxable Value | $701,116 | $701,116 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $938,815 | $412,856 | $525,959 | — | $938,815 | $701,116 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $977,623 | $412,856 | $564,767 | — | $977,623 | $701,116 | ~$14,018 | Partial |
| 2024 | $961,492 | — | — | — | — | $— | $12,806 | Verified |
| 2023 | $961,492 | — | — | −$548,636 | $412,856 | $— | $17,396 | Verified |
| 2022 | $961,492 | — | — | −$729,260 | $232,232 | $— | $18,989 | Verified |
| 2021 | $4,335,550 | — | — | −$4,103,318 | $232,232 | $— | $20,929 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -8.5% | -8.5% | ~100% | 1.3300% | Verified |
| 2023 | +9.2% | +9.2% | ~100% | 1.6600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 0.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.0% | -16.0% | -30.5% | +1.7% | 2025 | -77.8% | 2022 |
| Assessment Ratio | 100.0% | 54.5% | — | 100.0% | 2025 | 5.4% | 2021 |
| Effective Tax Rate (2025) | 1.4300% | 1.4300% | — | 1.4300% | 2025 | 1.4300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,018 | $16,827 | ~$7,217 | $20,929 | 2021 | $12,806 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$673,679 | ~$673,679 | ~2.0139% | ~$13,567 | -31.1% |
| 2027 | ~$464,232 | ~$464,232 | ~1.9814% | ~$9,198 | -52.5% |
| 2028 | ~$319,902 | ~$319,902 | ~1.9488% | ~$6,234 | -67.3% |
| 2029 | ~$220,444 | ~$220,444 | ~1.9163% | ~$4,224 | -77.5% |
| 2030 | ~$151,908 | ~$151,908 | ~1.8837% | ~$2,862 | -84.5% |
| 2026 | ~$928,742 | ~$928,742 | ~2.0465% | ~$19,007 | -5.0% |
| 2027 | ~$882,305 | ~$882,305 | ~2.0465% | ~$18,056 | -9.7% |
| 2028 | ~$838,190 | ~$838,190 | ~2.0465% | ~$17,153 | -14.3% |
| 2029 | ~$796,280 | ~$796,280 | ~2.0465% | ~$16,296 | -18.5% |
| 2030 | ~$756,466 | ~$756,466 | ~2.0465% | ~$15,481 | -22.6% |
| 2026 | ~$693,232 | ~$693,232 | ~1.9977% | ~$13,848 | -29.1% |
| 2027 | ~$491,570 | ~$491,570 | ~1.9488% | ~$9,580 | -49.7% |
| 2028 | ~$348,572 | ~$348,572 | ~1.9000% | ~$6,623 | -64.3% |
| 2029 | ~$247,172 | ~$247,172 | ~1.8512% | ~$4,576 | -74.7% |
| 2030 | ~$175,270 | ~$175,270 | ~1.8024% | ~$3,159 | -82.1% |
In 2025, this property's market value of $977,623 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% 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 | $977,623 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $961,492 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $961,492 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $961,492 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $4,335,550 | $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.