2008 S 1 ST TX 78704
| Owner | CUBAS TELMO |
|---|---|
| Parcel ID | 0401021012 |
| Short ID | 302937 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,501 SF |
| Land SF | 5,800 SF |
| Acres | 0.133 |
| Year Built | 1971 |
| Legal | S 58FT OF E 100FT OF LOT 10 BLK F BOULDIN JAMES E ADDN |
| Neighborhood | 20CEN |
| Land | $870,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $870,000 |
| Improvement | $33,062 |
|---|---|
| Total Improvement | $33,062 |
| Market | $903,062 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $903,062 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $903,062 |
| Taxable Value | $903,062 |
|---|
Appreciation: Market value has risen +77.7% from $508,297 (2021) to $903,062 (2025), a CAGR of 15.5% 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 $18,481. 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 96% of market value ($870,000 land vs $33,062 improvements), about $150/SF of land. With value concentrated in the land under a ~55-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 $903,062, 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,852,327 by 2030, with an estimated annual tax burden around $27,397. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,501 SF | ✓ |
| 551 | PAVED AREA | 2,070 SF | ✗ |
| 591 | MASONRY TRIM SF | 325 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% | $8,355.13 | $8,355.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,732.20 | $4,732.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,394.11 | $3,394.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,065.82 | $1,065.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $933.77 | $933.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,481.03 | $18,481.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $905,578 | $903,062 | +0.3% |
| Assessed Value | $905,578 | $903,062 | +0.3% |
| Land Value | $870,000 | $870,000 | +0.0% |
| Improvement Value | $35,578 | $33,062 | +7.6% |
| Taxable Value | $905,578 | $903,062 | +0.3% |
| Total Tax 2026 = estimate |
~$18,533
Estimated
|
~$18,481
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $905,578 | $905,578 | +0 (+0.0%) |
| Taxable Value | $905,578 | $905,578 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $905,578 | $870,000 | $35,578 | — | $905,578 | $905,578 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $903,062 | $870,000 | $33,062 | — | $903,062 | $903,062 | ~$18,481 | Partial |
| 2024 | $870,100 | — | — | −$100 | $870,000 | $— | $18,533 | Verified |
| 2023 | $513,410 | — | — | — | $870,000 ! | $— | $15,742 | Verified |
| 2022 | $513,193 | — | — | −$49,193 | $464,000 | $— | $10,139 | Verified |
| 2021 | $508,297 | — | — | −$44,297 | $464,000 | $— | $11,171 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | +7.5% | +7.5% | ~100% | 1.9800% | Verified |
| 2023 | +69.5% | +69.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +76.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +14.9% | +15.4% | +69.5% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 108.5% | — | 169.5% | 2023 | 90.4% | 2022 |
| 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 |
$18,481 | $14,813 | ~$23,563 | $18,533 | 2024 | $10,139 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,042,600 | ~$993,368 | ~2.0139% | ~$20,006 | +15.5% |
| 2027 | ~$1,203,698 | ~$1,092,705 | ~1.9814% | ~$21,651 | +33.3% |
| 2028 | ~$1,389,689 | ~$1,201,976 | ~1.9488% | ~$23,425 | +53.9% |
| 2029 | ~$1,604,418 | ~$1,322,173 | ~1.9163% | ~$25,337 | +77.7% |
| 2030 | ~$1,852,327 | ~$1,454,390 | ~1.8837% | ~$27,397 | +105.1% |
| 2026 | ~$1,024,538 | ~$993,368 | ~2.0465% | ~$20,329 | +13.5% |
| 2027 | ~$1,162,355 | ~$1,092,705 | ~2.0465% | ~$22,362 | +28.7% |
| 2028 | ~$1,318,711 | ~$1,201,976 | ~2.0465% | ~$24,598 | +46.0% |
| 2029 | ~$1,496,099 | ~$1,322,173 | ~2.0465% | ~$27,058 | +65.7% |
| 2030 | ~$1,697,348 | ~$1,454,390 | ~2.0465% | ~$29,764 | +88.0% |
| 2026 | ~$1,060,661 | ~$993,368 | ~1.9977% | ~$19,844 | +17.5% |
| 2027 | ~$1,245,763 | ~$1,092,705 | ~1.9488% | ~$21,295 | +37.9% |
| 2028 | ~$1,463,169 | ~$1,201,976 | ~1.9000% | ~$22,838 | +62.0% |
| 2029 | ~$1,718,516 | ~$1,322,173 | ~1.8512% | ~$24,476 | +90.3% |
| 2030 | ~$2,018,424 | ~$1,454,390 | ~1.8024% | ~$26,214 | +123.5% |
In 2025, this property's market value of $903,062 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -36% 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 | $903,062 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $870,100 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $513,410 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $513,193 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $508,297 | $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.