2707 S 1 ST TX 78704
| Owner | SHAW DELL R & KATHLYN S |
|---|---|
| Parcel ID | 0405030122 |
| Short ID | 307177 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 10,000 SF |
| Land SF | 43,200 SF |
| Acres | 0.992 |
| Year Built | 1976 |
| Legal | E 120FT AV OF LOT 9-15 BLK D PEARSON SUBD |
| Neighborhood | 83CEN |
| Land | $5,616,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,616,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $5,616,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,616,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,616,000 |
| Taxable Value | $5,616,000 |
|---|
Appreciation: Market value has risen +81.2% from $3,100,000 (2021) to $5,616,000 (2025), a CAGR of 16.0% 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 $114,931. 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 100% of market value ($5,616,000 land vs $0 improvements), about $130/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 $5,616,000, 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 +16.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,803,447 by 2030, with an estimated annual tax burden around $170,377. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,000 SF | ✓ |
| 551 | PAVED AREA | 9,400 SF | ✗ |
| 611 | TERRACE | 1,560 SF | ✗ |
| 501 | CANOPY | 1,430 SF | ✗ |
| SO | Sketch Only | 1,250 SF | ✗ |
| 327 | STORAGE COMM'L | 376 SF | ✓ |
| 531 | OBS FENCE | 1 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% | $51,959.23 | $51,959.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,428.79 | $29,428.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,107.46 | $21,107.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,628.17 | $6,628.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,806.94 | $5,806.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $114,930.59 | $114,930.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,683,530 | $5,616,000 | +1.2% |
| Assessed Value | $5,683,530 | $5,616,000 | +1.2% |
| Land Value | $5,616,000 | $5,616,000 | +0.0% |
| Improvement Value | $67,530 | — | — |
| Taxable Value | $5,683,530 | $5,616,000 | +1.2% |
| Total Tax 2026 = estimate |
~$116,313
Estimated
|
~$114,931
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,683,530 | $5,683,530 | +0 (+0.0%) |
| Taxable Value | $5,683,530 | $5,683,530 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,683,530 | $5,616,000 | $67,530 | — | $5,683,530 | $5,683,530 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,616,000 | $5,616,000 | — | — | $5,616,000 | $5,616,000 | ~$114,931 | Partial |
| 2024 | $5,974,835 | — | — | −$358,835 | $5,616,000 | $— | $117,400 | Verified |
| 2023 | $3,462,209 | — | — | — | $5,616,000 ! | $— | $108,100 | Verified |
| 2022 | $3,125,926 | — | — | −$101,926 | $3,024,000 | $— | $68,376 | Verified |
| 2021 | $3,100,000 | — | — | −$76,000 | $3,024,000 | $— | $68,041 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | 1.9800% | Verified |
| 2023 | +72.6% | +72.6% | ~100% | 1.8100% | Verified |
| 2022 | +10.8% | +10.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +79.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.2% | +15.9% | +15.7% | +72.6% | 2024 | -6.0% | 2025 |
| Assessment Ratio | 100.0% | 108.4% | — | 162.2% | 2023 | 94.0% | 2024 |
| 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 |
$114,931 | $95,369 | ~$146,534 | $117,400 | 2024 | $68,041 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,515,436 | ~$6,177,600 | ~2.0139% | ~$124,413 | +16.0% |
| 2027 | ~$7,558,921 | ~$6,795,360 | ~1.9814% | ~$134,642 | +34.6% |
| 2028 | ~$8,769,527 | ~$7,474,896 | ~1.9488% | ~$145,674 | +56.2% |
| 2029 | ~$10,174,018 | ~$8,222,386 | ~1.9163% | ~$157,565 | +81.2% |
| 2030 | ~$11,803,447 | ~$9,044,624 | ~1.8837% | ~$170,377 | +110.2% |
| 2026 | ~$6,403,116 | ~$6,177,600 | ~2.0465% | ~$126,424 | +14.0% |
| 2027 | ~$7,300,550 | ~$6,795,360 | ~2.0465% | ~$139,066 | +30.0% |
| 2028 | ~$8,323,765 | ~$7,474,896 | ~2.0465% | ~$152,973 | +48.2% |
| 2029 | ~$9,490,390 | ~$8,222,386 | ~2.0465% | ~$168,270 | +69.0% |
| 2030 | ~$10,820,524 | ~$9,044,624 | ~2.0465% | ~$185,097 | +92.7% |
| 2026 | ~$6,627,756 | ~$6,177,600 | ~1.9977% | ~$123,408 | +18.0% |
| 2027 | ~$7,821,785 | ~$6,795,360 | ~1.9488% | ~$132,431 | +39.3% |
| 2028 | ~$9,230,925 | ~$7,474,896 | ~1.9000% | ~$142,024 | +64.4% |
| 2029 | ~$10,893,931 | ~$8,222,386 | ~1.8512% | ~$152,212 | +94.0% |
| 2030 | ~$12,856,537 | ~$9,044,624 | ~1.8024% | ~$163,018 | +128.9% |
In 2025, this property's market value of $5,616,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,616,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,974,835 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,462,209 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,125,926 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,100,000 | $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.