2910 S 1 ST TX 78704
| Owner | 2910 SOUTH 1ST STREET LLC |
|---|---|
| Parcel ID | 0404040846 |
| Short ID | 305746 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 2,279 SF |
| Land SF | 8,401 SF |
| Acres | 0.193 |
| Year Built | 1973 |
| Legal | LOT 1 GLASS ADDN THE |
| Neighborhood | 83CEN |
| Land | $1,092,130 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,092,130 |
| Improvement | $206,422 |
|---|---|
| Total Improvement | $206,422 |
| Market | $1,298,552 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,298,552 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,298,552 |
| Taxable Value | $1,298,552 |
|---|
Appreciation: Market value has risen +61.2% from $805,643 (2021) to $1,298,552 (2025), a CAGR of 12.7% 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 $26,575. 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 84% of market value ($1,092,130 land vs $206,422 improvements), about $130/SF of land. With value concentrated in the land under a ~53-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 $1,298,552, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,358,334 by 2030, with an estimated annual tax burden around $39,395. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,275 SF | ✗ |
| 1ST | 1st Floor | 2,279 SF | ✓ |
| 501 | CANOPY | 902 SF | ✗ |
| SO | Sketch Only | 526 SF | ✗ |
| 328 | MEZZ COMM (STG) | 526 SF | ✓ |
| 435 | FENCE IRON LF | 200 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% | $12,014.20 | $12,014.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,804.63 | $6,804.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,880.54 | $4,880.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,532.59 | $1,532.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,342.70 | $1,342.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,574.66 | $26,574.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,504,321 | $1,298,552 | +15.8% |
| Assessed Value | $1,504,321 | $1,298,552 | +15.8% |
| Land Value | $1,092,130 | $1,092,130 | +0.0% |
| Improvement Value | $412,191 | $206,422 | +99.7% |
| Taxable Value | $1,504,321 | $1,298,552 | +15.8% |
| Total Tax 2026 = estimate |
~$30,786
Estimated
|
~$26,575
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,504,321 | $1,504,321 | +0 (+0.0%) |
| Taxable Value | $1,504,321 | $1,504,321 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,504,321 | $1,092,130 | $412,191 | — | $1,504,321 | $1,504,321 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,298,552 | $1,092,130 | $206,422 | — | $1,298,552 | $1,298,552 | ~$26,575 | Partial |
| 2024 | $1,348,544 | — | — | −$256,414 | $1,092,130 | $— | $26,458 | Verified |
| 2023 | $808,277 | — | — | — | $1,092,130 ! | $— | $24,398 | Verified |
| 2022 | $808,277 | — | — | −$220,207 | $588,070 | $— | $15,963 | Verified |
| 2021 | $805,643 | — | — | −$217,573 | $588,070 | $— | $17,594 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.8% | +15.8% | ~100% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2024 | -1.0% | -1.0% | ~100% | 1.9800% | Verified |
| 2023 | +66.8% | +66.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.8% | +15.8% | +9.6% | +66.8% | 2024 | -3.7% | 2025 |
| Assessment Ratio | 100.0% | 93.6% | — | 135.1% | 2023 | 72.8% | 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 |
$26,575 | $22,198 | ~$33,882 | $26,575 | 2025 | $15,963 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,463,149 | ~$1,428,407 | ~2.0139% | ~$28,767 | +12.7% |
| 2027 | ~$1,648,609 | ~$1,571,248 | ~1.9814% | ~$31,133 | +27.0% |
| 2028 | ~$1,857,577 | ~$1,728,373 | ~1.9488% | ~$33,683 | +43.0% |
| 2029 | ~$2,093,033 | ~$1,901,210 | ~1.9163% | ~$36,433 | +61.2% |
| 2030 | ~$2,358,334 | ~$2,091,331 | ~1.8837% | ~$39,395 | +81.6% |
| 2026 | ~$1,437,178 | ~$1,428,407 | ~2.0465% | ~$29,232 | +10.7% |
| 2027 | ~$1,590,603 | ~$1,571,248 | ~2.0465% | ~$32,155 | +22.5% |
| 2028 | ~$1,760,406 | ~$1,728,373 | ~2.0465% | ~$35,371 | +35.6% |
| 2029 | ~$1,948,337 | ~$1,901,210 | ~2.0465% | ~$38,908 | +50.0% |
| 2030 | ~$2,156,330 | ~$2,091,331 | ~2.0465% | ~$42,799 | +66.1% |
| 2026 | ~$1,489,120 | ~$1,428,407 | ~1.9977% | ~$28,535 | +14.7% |
| 2027 | ~$1,707,655 | ~$1,571,248 | ~1.9488% | ~$30,621 | +31.5% |
| 2028 | ~$1,958,260 | ~$1,728,373 | ~1.9000% | ~$32,839 | +50.8% |
| 2029 | ~$2,245,643 | ~$1,901,210 | ~1.8512% | ~$35,195 | +72.9% |
| 2030 | ~$2,575,200 | ~$2,091,331 | ~1.8024% | ~$37,694 | +98.3% |
In 2025, this property's market value of $1,298,552 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,298,552 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,348,544 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $808,277 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $808,277 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $805,643 | $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.