3812 S 1 ST TX 78704
| Owner | SINGH RAHUL & SHALINI |
|---|---|
| Parcel ID | 0407060404 |
| Short ID | 310018 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,416 SF |
| Land SF | 14,658 SF |
| Acres | 0.337 |
| Year Built | 1925 |
| Legal | 0.3365 ACR OF LOT 4 BLK 3 FREEWATER ADDN |
| Neighborhood | 59SCN |
| Land | $1,451,133 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,451,133 |
| Improvement | $153,709 |
|---|---|
| Total Improvement | $153,709 |
| Market | $1,604,842 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,604,842 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,604,842 |
| Taxable Value | $1,604,842 |
|---|
Appreciation: Market value has risen +219.2% from $502,700 (2021) to $1,604,842 (2025), a CAGR of 33.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $32,843. 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 90% of market value ($1,451,133 land vs $153,709 improvements), about $99/SF of land. With value concentrated in the land under a ~101-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 $1,604,842, this parcel sits in the upper-middle (50th–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 +33.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,848,359 by 2030, with an estimated annual tax burden around $48,687. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 932 SF | ✓ |
| 613C | TERRACE COVERED COMM | 918 SF | ✗ |
| 1/2 | Half Floor | 484 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 172 SF | ✗ |
| 251 | BATHROOM | 1 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% | $14,848.00 | $14,848.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,409.64 | $8,409.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,031.72 | $6,031.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,894.08 | $1,894.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,659.41 | $1,659.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,842.85 | $32,842.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,500,000 | $1,604,842 | -6.5% |
| Assessed Value | $1,500,000 | $1,604,842 | -6.5% |
| Land Value | $1,451,133 | $1,451,133 | +0.0% |
| Improvement Value | $48,867 | $153,709 | -68.2% |
| Taxable Value | $1,500,000 | $1,604,842 | -6.5% |
| Total Tax 2026 = estimate |
~$30,697
Estimated
|
~$32,843
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,500,000 | $1,500,000 | +0 (+0.0%) |
| Taxable Value | $1,500,000 | $1,500,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,500,000 | $1,451,133 | $48,867 | — | $1,500,000 | $1,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,604,842 | $1,451,133 | $153,709 | — | $1,604,842 | $1,604,842 | ~$32,843 | Partial |
| 2024 | $1,542,907 | — | — | −$91,774 | $1,451,133 | $— | $31,075 | Verified |
| 2023 | $1,000,319 | — | — | — | $1,451,133 ! | $— | $27,915 | Verified |
| 2022 | $1,009,392 | — | — | −$151,904 | $857,488 | $— | $19,756 | Verified |
| 2021 | $502,700 | — | — | — | $857,488 ! | $— | $21,971 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2025 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2024 | +1.6% | +1.6% | ~100% | 1.9800% | Verified |
| 2023 | +54.2% | +54.2% | ~100% | 1.8100% | Verified |
| 2022 | -0.9% | -0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 4.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +59.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | +30.3% | +35.5% | +100.8% | 2022 | -6.5% | 2026 |
| Assessment Ratio | 100.0% | 115.8% | — | 170.6% | 2021 | 85.0% | 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 |
$32,843 | $26,712 | ~$41,874 | $32,843 | 2025 | $19,756 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,145,177 | ~$1,765,326 | ~2.0139% | ~$35,553 | +33.7% |
| 2027 | ~$2,867,438 | ~$1,941,859 | ~1.9814% | ~$38,476 | +78.7% |
| 2028 | ~$3,832,877 | ~$2,136,045 | ~1.9488% | ~$41,628 | +138.8% |
| 2029 | ~$5,123,369 | ~$2,349,649 | ~1.9163% | ~$45,026 | +219.2% |
| 2030 | ~$6,848,359 | ~$2,584,614 | ~1.8837% | ~$48,687 | +326.7% |
| 2026 | ~$2,113,080 | ~$1,765,326 | ~2.0465% | ~$36,127 | +31.7% |
| 2027 | ~$2,782,272 | ~$1,941,859 | ~2.0465% | ~$39,740 | +73.4% |
| 2028 | ~$3,663,392 | ~$2,136,045 | ~2.0465% | ~$43,714 | +128.3% |
| 2029 | ~$4,823,553 | ~$2,349,649 | ~2.0465% | ~$48,085 | +200.6% |
| 2030 | ~$6,351,126 | ~$2,584,614 | ~2.0465% | ~$52,894 | +295.7% |
| 2026 | ~$2,177,274 | ~$1,765,326 | ~1.9977% | ~$35,265 | +35.7% |
| 2027 | ~$2,953,887 | ~$1,941,859 | ~1.9488% | ~$37,844 | +84.1% |
| 2028 | ~$4,007,510 | ~$2,136,045 | ~1.9000% | ~$40,585 | +149.7% |
| 2029 | ~$5,436,950 | ~$2,349,649 | ~1.8512% | ~$43,497 | +238.8% |
| 2030 | ~$7,376,259 | ~$2,584,614 | ~1.8024% | ~$46,584 | +359.6% |
In 2025, this property's market value of $1,604,842 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +13% 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 | $1,604,842 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,542,907 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,000,319 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,009,392 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $502,700 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.