3036 S 1 ST TX 78704
| Owner | HEALTH ALLIANCE FOR AUSTIN |
|---|---|
| Parcel ID | 0405050427 |
| Short ID | 307467 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,314 SF |
| Land SF | 26,528 SF |
| Acres | 0.609 |
| Year Built | 1986 |
| Legal | ABS 8 SUR 20 DECKER I ACR .609 |
| Neighborhood | 53SCN |
| Land | $3,183,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,183,360 |
| Improvement | $865,193 |
|---|---|
| Total Improvement | $865,193 |
| Market | $4,048,553 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,048,553 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,048,553 |
| Taxable Value | $4,048,553 |
|---|
Appreciation: Market value has risen +81.8% from $2,227,193 (2021) to $4,048,553 (2025), a CAGR of 16.1% 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.
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 79% of market value ($3,183,360 land vs $865,193 improvements), about $120/SF of land. With value concentrated in the land under a ~40-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 $4,048,553, 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 +16.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,545,300 by 2030, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 8,250 SF | ✗ |
| 1ST | 1st Floor | 3,657 SF | ✓ |
| 2ND | 2nd Floor | 3,657 SF | ✓ |
| 501 | CANOPY | 582 SF | ✗ |
| 541 | FENCE COMM LF | 280 SF | ✗ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
Market value changed by 77% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,145,514 | $4,048,553 | +2.4% |
| Assessed Value | $4,145,514 | $4,048,553 | +2.4% |
| Land Value | $3,183,360 | $3,183,360 | +0.0% |
| Improvement Value | $962,154 | $865,193 | +11.2% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,145,514 | $4,145,514 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,145,514 | $3,183,360 | $962,154 | — | $4,145,514 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,048,553 | $3,183,360 | $865,193 | — | $4,048,553 | $— | not in county billing file ⓘ | Partial |
| 2024 | $4,041,020 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $2,289,339 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $2,256,716 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $2,227,193 | — | — | −$502,873 | $1,724,320 | $— | $12,741 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | -6.6% | -6.6% | ~100% | Not available | Partial |
| 2024 | +7.2% | +7.2% | ~100% | No billing data | Verified |
| 2023 | +76.5% ! | +76.5% | ~100% | No billing data | Verified |
| 2022 | +1.4% | +1.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 0.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +79.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.4% | +16.4% | +15.6% | +76.5% | 2024 | +0.2% | 2025 |
| Assessment Ratio | 100.0% | 92.5% | — | 100.0% | 2025 | 77.4% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $12,741 | $12,741 | — | $12,741 | 2021 | $12,741 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,700,947 | ~$4,453,408 | ~0.0000% | ~$0 | +16.1% |
| 2027 | ~$5,458,469 | ~$4,898,749 | ~0.0000% | ~$0 | +34.8% |
| 2028 | ~$6,338,059 | ~$5,388,624 | ~0.0000% | ~$0 | +56.6% |
| 2029 | ~$7,359,390 | ~$5,927,486 | ~0.0000% | ~$0 | +81.8% |
| 2030 | ~$8,545,300 | ~$6,520,235 | ~0.0000% | ~$0 | +111.1% |
| 2026 | ~$4,619,976 | ~$4,453,408 | ~0.0000% | ~$0 | +14.1% |
| 2027 | ~$5,272,050 | ~$4,898,749 | ~0.0000% | ~$0 | +30.2% |
| 2028 | ~$6,016,160 | ~$5,388,624 | ~0.0000% | ~$0 | +48.6% |
| 2029 | ~$6,865,296 | ~$5,927,486 | ~0.0000% | ~$0 | +69.6% |
| 2030 | ~$7,834,280 | ~$6,520,235 | ~0.0000% | ~$0 | +93.5% |
| 2026 | ~$4,781,918 | ~$4,453,408 | ~0.0000% | ~$0 | +18.1% |
| 2027 | ~$5,648,126 | ~$4,898,749 | ~0.0000% | ~$0 | +39.5% |
| 2028 | ~$6,671,241 | ~$5,388,624 | ~0.0000% | ~$0 | +64.8% |
| 2029 | ~$7,879,686 | ~$5,927,486 | ~0.0000% | ~$0 | +94.6% |
| 2030 | ~$9,307,031 | ~$6,520,235 | ~0.0000% | ~$0 | +129.9% |
In 2025, this property's market value of $4,048,553 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +186% above 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 | $4,048,553 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,041,020 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,289,339 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,256,716 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,227,193 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |