2210 S 1 ST TX 78704
| Owner | 2210 S 1 ST LLC |
|---|---|
| Parcel ID | 0402031013 |
| Short ID | 303816 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,492 SF |
| Land SF | 28,496 SF |
| Acres | 0.654 |
| Year Built | 1976 |
| Legal | LOT 12-13 BLK 4 *LESS N3.63' BOULDIN SOUTH EXTENSION PLUS 25X211'AV &ADJ VAC ALLEY FAULK HENRY |
| Neighborhood | 30CEN |
| Land | $4,274,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,274,400 |
| Improvement | $124,376 |
|---|---|
| Total Improvement | $124,376 |
| Market | $4,398,776 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,398,776 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,398,776 |
| Taxable Value | $4,398,776 |
|---|
Appreciation: Market value has risen +64.7% from $2,671,393 (2021) to $4,398,776 (2025), a CAGR of 13.3% 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 $90,020. 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 97% of market value ($4,274,400 land vs $124,376 improvements), about $150/SF of land. With value concentrated in the land under a ~50-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 $4,398,776, this parcel sits in the top quartile (≥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 +13.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,204,921 by 2030, with an estimated annual tax burden around $133,449. 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 | 15,472 SF | ✗ |
| 1ST | 1st Floor | 9,492 SF | ✓ |
| 501 | CANOPY | 840 SF | ✗ |
| 611 | TERRACE | 840 SF | ✗ |
| 327 | STORAGE COMM'L | 180 SF | ✓ |
Market value changed by 84% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $40,697.48 | $40,697.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,050.33 | $23,050.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,532.58 | $16,532.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,191.57 | $5,191.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,548.33 | $4,548.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $90,020.29 | $90,020.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,406,740 | $4,398,776 | +0.2% |
| Assessed Value | $4,406,740 | $4,398,776 | +0.2% |
| Land Value | $4,274,400 | $4,274,400 | +0.0% |
| Improvement Value | $132,340 | $124,376 | +6.4% |
| Taxable Value | $4,406,740 | $4,398,776 | +0.2% |
| Total Tax 2026 = estimate |
~$90,183
Estimated
|
~$90,020
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,406,740 | $4,406,740 | +0 (+0.0%) |
| Taxable Value | $4,406,740 | $4,406,740 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,406,740 | $4,274,400 | $132,340 | — | $4,406,740 | $4,406,740 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,398,776 | $4,274,400 | $124,376 | — | $4,398,776 | $4,398,776 | ~$90,020 | Partial |
| 2024 | $4,525,391 | — | — | −$250,991 | $4,274,400 | $— | $87,150 | Verified |
| 2023 | $2,461,610 | — | — | — | $4,274,400 ! | $— | $81,876 | Verified |
| 2022 | $2,461,611 | — | — | −$181,931 | $2,279,680 | $— | $48,615 | Verified |
| 2021 | $2,671,393 | — | — | −$391,713 | $2,279,680 | $— | $53,581 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -2.8% | -2.8% | ~100% | 1.9800% | Verified |
| 2023 | +83.8% ! | +83.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +14.7% | +13.2% | +83.8% | 2024 | -7.9% | 2022 |
| Assessment Ratio | 100.0% | 107.7% | — | 173.6% | 2023 | 85.3% | 2021 |
| 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 |
$90,020 | $72,248 | ~$114,774 | $90,020 | 2025 | $48,615 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,982,879 | ~$4,838,654 | ~2.0139% | ~$97,447 | +13.3% |
| 2027 | ~$5,644,544 | ~$5,322,519 | ~1.9814% | ~$105,460 | +28.3% |
| 2028 | ~$6,394,070 | ~$5,854,771 | ~1.9488% | ~$114,100 | +45.4% |
| 2029 | ~$7,243,124 | ~$6,440,248 | ~1.9163% | ~$123,414 | +64.7% |
| 2030 | ~$8,204,921 | ~$7,084,273 | ~1.8837% | ~$133,449 | +86.5% |
| 2026 | ~$4,894,904 | ~$4,838,654 | ~2.0465% | ~$99,022 | +11.3% |
| 2027 | ~$5,446,989 | ~$5,322,519 | ~2.0465% | ~$108,925 | +23.8% |
| 2028 | ~$6,061,342 | ~$5,854,771 | ~2.0465% | ~$119,817 | +37.8% |
| 2029 | ~$6,744,986 | ~$6,440,248 | ~2.0465% | ~$131,799 | +53.3% |
| 2030 | ~$7,505,738 | ~$7,084,273 | ~2.0465% | ~$144,979 | +70.6% |
| 2026 | ~$5,070,855 | ~$4,838,654 | ~1.9977% | ~$96,660 | +15.3% |
| 2027 | ~$5,845,619 | ~$5,322,519 | ~1.9488% | ~$103,727 | +32.9% |
| 2028 | ~$6,738,757 | ~$5,854,771 | ~1.9000% | ~$111,242 | +53.2% |
| 2029 | ~$7,768,357 | ~$6,440,248 | ~1.8512% | ~$119,221 | +76.6% |
| 2030 | ~$8,955,266 | ~$7,084,273 | ~1.8024% | ~$127,685 | +103.6% |
In 2025, this property's market value of $4,398,776 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,398,776 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,525,391 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,461,610 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,461,611 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,671,393 | $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.