5900 SOUTHWEST PKWY 220 TX 78735
| Owner | 5900 SWP LLC |
|---|---|
| Parcel ID | 0402280405 |
| Short ID | 531741 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,694 SF |
| Land SF | 33,459 SF |
| Acres | 0.768 |
| Year Built | 2005 |
| Legal | UNT 220 5900 SOUTHWEST PARKWAY CONDOMINIUMS AMENDED PLUS 4.881 % INT IN COM AREA |
| Neighborhood | 23SW04 |
| Land | $234,213 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $234,213 |
| Improvement | $937,640 |
|---|---|
| Total Improvement | $937,640 |
| Market | $1,171,853 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,171,853 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,171,853 |
| Taxable Value | $1,171,853 |
|---|
Appreciation: Market value has risen +27.9% from $916,000 (2021) to $1,171,853 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 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 $23,982. 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 20% of market value ($234,213 land vs $937,640 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,171,853, 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,594,392 by 2030, with an estimated annual tax burden around $30,034. 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 | 2,694 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% | $10,841.98 | $10,841.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,140.71 | $6,140.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,404.35 | $4,404.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,383.06 | $1,383.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,211.70 | $1,211.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,981.80 | $23,981.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,171,853 | $1,171,853 | +0.0% |
| Assessed Value | $1,171,853 | $1,171,853 | +0.0% |
| Land Value | $234,213 | $234,213 | +0.0% |
| Improvement Value | $937,640 | $937,640 | +0.0% |
| Taxable Value | $1,171,853 | $1,171,853 | +0.0% |
| Total Tax 2026 = estimate |
~$23,982
Estimated
|
~$23,982
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,239,851 | $1,171,853 | -67,998 (-5.5%) |
| Taxable Value | $1,239,851 | $1,171,853 | -67,998 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,171,853 | $234,213 | $937,640 | — | $1,171,853 | $1,171,853 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,171,853 | $234,213 | $937,640 | — | $1,171,853 | $1,171,853 | ~$23,982 | Partial |
| 2024 | $953,093 | — | — | −$718,880 | $234,213 | $— | $22,666 | Verified |
| 2023 | $1,055,024 | — | — | −$820,811 | $234,213 | $— | $17,244 | Verified |
| 2022 | $941,840 | — | — | −$707,627 | $234,213 | $— | $20,836 | Verified |
| 2021 | $916,000 | — | — | −$681,787 | $234,213 | $— | $20,501 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2025 | -0.9% | +2.5% | ~100% | Not available | Partial |
| 2024 | +24.1% | +20.0% | 96.7% | 1.9200% | Verified |
| 2023 | -9.7% | -9.7% | ~100% | 1.8100% | Verified |
| 2022 | -4.5% | -4.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.6% | +6.4% | +23.0% | 2025 | -9.7% | 2024 |
| Assessment Ratio | 100.0% | 49.6% | — | 100.0% | 2025 | 22.2% | 2023 |
| 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 |
$23,982 | $21,046 | ~$27,519 | $23,982 | 2025 | $17,244 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,246,286 | ~$1,246,286 | ~2.0139% | ~$25,099 | +6.4% |
| 2027 | ~$1,325,446 | ~$1,325,446 | ~1.9814% | ~$26,262 | +13.1% |
| 2028 | ~$1,409,634 | ~$1,409,634 | ~1.9488% | ~$27,472 | +20.3% |
| 2029 | ~$1,499,170 | ~$1,499,170 | ~1.9163% | ~$28,728 | +27.9% |
| 2030 | ~$1,594,392 | ~$1,594,392 | ~1.8837% | ~$30,034 | +36.1% |
| 2026 | ~$1,222,848 | ~$1,222,848 | ~2.0465% | ~$25,025 | +4.4% |
| 2027 | ~$1,276,063 | ~$1,276,063 | ~2.0465% | ~$26,114 | +8.9% |
| 2028 | ~$1,331,593 | ~$1,331,593 | ~2.0465% | ~$27,251 | +13.6% |
| 2029 | ~$1,389,540 | ~$1,389,540 | ~2.0465% | ~$28,437 | +18.6% |
| 2030 | ~$1,450,009 | ~$1,450,009 | ~2.0465% | ~$29,674 | +23.7% |
| 2026 | ~$1,269,723 | ~$1,269,723 | ~1.9977% | ~$25,365 | +8.4% |
| 2027 | ~$1,375,766 | ~$1,375,766 | ~1.9488% | ~$26,811 | +17.4% |
| 2028 | ~$1,490,666 | ~$1,490,666 | ~1.9000% | ~$28,323 | +27.2% |
| 2029 | ~$1,615,162 | ~$1,615,162 | ~1.8512% | ~$29,900 | +37.8% |
| 2030 | ~$1,750,055 | ~$1,750,055 | ~1.8024% | ~$31,542 | +49.3% |
In 2025, this property's market value of $1,171,853 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -17% 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 | $1,171,853 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $953,093 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,055,024 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $941,840 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $916,000 | $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.