3507 S 1 ST TX 78704
| Owner | STEADHAM SANDRA |
|---|---|
| Parcel ID | 0407030240 |
| Short ID | 309746 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,545 SF |
| Land SF | 10,672 SF |
| Acres | 0.245 |
| Year Built | 1969 |
| Legal | 75 X 142 FT AV ABS 8 SUR 20 DECKER I |
| Neighborhood | 59SCN |
| Land | $1,173,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,173,920 |
| Improvement | $87,309 |
|---|---|
| Total Improvement | $87,309 |
| Market | $1,261,229 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,261,229 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,261,229 |
| Taxable Value | $1,261,229 |
|---|
Appreciation: Market value has risen +56.4% from $806,468 (2021) to $1,261,229 (2025), a CAGR of 11.8% 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 $25,811. 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 93% of market value ($1,173,920 land vs $87,309 improvements), about $110/SF of land. With value concentrated in the land under a ~57-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 $1,261,229, 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 +11.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,205,731 by 2030, with an estimated annual tax burden around $38,263. 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 | 2,000 SF | ✗ |
| 1ST | 1st Floor | 1,545 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,545 SF | ✗ |
| 435 | FENCE IRON LF | 180 SF | ✗ |
| 501 | CANOPY | 48 SF | ✗ |
| 522C | FIREPLACE COMM | 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% | $11,668.89 | $11,668.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,609.05 | $6,609.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,740.27 | $4,740.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,488.54 | $1,488.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,304.11 | $1,304.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,810.86 | $25,810.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,423,336 | $1,261,229 | +12.9% |
| Assessed Value | $1,423,336 | $1,261,229 | +12.9% |
| Land Value | $1,173,920 | $1,173,920 | +0.0% |
| Improvement Value | $249,416 | $87,309 | +185.7% |
| Taxable Value | $1,423,336 | $1,261,229 | +12.9% |
| Total Tax 2026 = estimate |
~$29,128
Estimated
|
~$25,811
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,564,106 | $1,423,336 | -140,770 (-9.0%) |
| Taxable Value | $1,513,475 | $1,423,336 | -90,139 (-6.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,423,336 | $1,173,920 | $249,416 | — | $1,423,336 | $1,423,336 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,261,229 | $1,173,920 | $87,309 | — | $1,261,229 | $1,261,229 | ~$25,811 | Partial |
| 2024 | $1,246,492 | — | — | −$72,572 | $1,173,920 | $— | $25,940 | Verified |
| 2023 | $769,436 | — | — | — | $1,173,920 ! | $— | $22,552 | Verified |
| 2022 | $799,000 | — | — | −$105,320 | $693,680 | $— | $15,196 | Verified |
| 2021 | $806,468 | — | — | −$112,788 | $693,680 | $— | $17,392 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.0% | +20.0% | 96.8% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | -1.3% | -1.3% | ~100% | 1.9800% | Verified |
| 2023 | +62.0% | +62.0% | ~100% | 1.7000% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.9% | +14.3% | +9.3% | +62.0% | 2024 | -3.7% | 2023 |
| Assessment Ratio | 100.0% | 103.3% | — | 152.6% | 2023 | 86.0% | 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 |
$25,811 | $21,378 | ~$32,908 | $25,940 | 2024 | $15,196 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,410,411 | ~$1,387,352 | ~2.0139% | ~$27,940 | +11.8% |
| 2027 | ~$1,577,238 | ~$1,526,087 | ~1.9814% | ~$30,238 | +25.1% |
| 2028 | ~$1,763,799 | ~$1,678,696 | ~1.9488% | ~$32,715 | +39.8% |
| 2029 | ~$1,972,426 | ~$1,846,565 | ~1.9163% | ~$35,386 | +56.4% |
| 2030 | ~$2,205,731 | ~$2,031,222 | ~1.8837% | ~$38,263 | +74.9% |
| 2026 | ~$1,385,186 | ~$1,385,186 | ~2.0465% | ~$28,348 | +9.8% |
| 2027 | ~$1,521,326 | ~$1,521,326 | ~2.0465% | ~$31,134 | +20.6% |
| 2028 | ~$1,670,847 | ~$1,670,847 | ~2.0465% | ~$34,194 | +32.5% |
| 2029 | ~$1,835,063 | ~$1,835,063 | ~2.0465% | ~$37,554 | +45.5% |
| 2030 | ~$2,015,418 | ~$2,015,418 | ~2.0465% | ~$41,245 | +59.8% |
| 2026 | ~$1,435,635 | ~$1,387,352 | ~1.9977% | ~$27,715 | +13.8% |
| 2027 | ~$1,634,159 | ~$1,526,087 | ~1.9488% | ~$29,741 | +29.6% |
| 2028 | ~$1,860,136 | ~$1,678,696 | ~1.9000% | ~$31,896 | +47.5% |
| 2029 | ~$2,117,361 | ~$1,846,565 | ~1.8512% | ~$34,184 | +67.9% |
| 2030 | ~$2,410,156 | ~$2,031,222 | ~1.8024% | ~$36,610 | +91.1% |
In 2025, this property's market value of $1,261,229 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -11% 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 | $1,261,229 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,246,492 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $769,436 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $799,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $806,468 | $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.