5316 W U S HY 290 TX 78735
| Owner | 5316 PLAZA 290 LLC |
|---|---|
| Parcel ID | 0407270204 |
| Short ID | 310503 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 40,384 SF |
| Land SF | 211,919 SF |
| Acres | 4.865 |
| Year Built | 1986 |
| Legal | LOT 2 BLK A BOSTON 290 OFFICE PARK SEC 2-A |
| Neighborhood | 51SWE |
| Land | $2,288,725 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,288,725 |
| Improvement | $8,445,740 |
|---|---|
| Total Improvement | $8,445,740 |
| Market | $10,734,465 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,734,465 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,734,465 |
| Taxable Value | $10,734,465 |
|---|
Appreciation: Market value has fallen -25.8% from $14,474,600 (2021) to $10,734,465 (2025), a CAGR of -7.2% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $219,679. 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 21% of market value ($2,288,725 land vs $8,445,740 improvements), about $11/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,734,465, 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 -7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,387,503 by 2030, with an estimated annual tax burden around $139,162. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 47,908 SF | ✗ |
| 187 | PARKING GARAGE | 45,964 SF | ✓ |
| 551 | PAVED AREA | 24,100 SF | ✗ |
| 1ST | 1st Floor | 15,192 SF | ✓ |
| 2ND | 2nd Floor | 12,596 SF | ✓ |
| 3RD | 3rd Floor | 12,596 SF | ✓ |
| 4TH | 4th Floor | 12,596 SF | ✓ |
| 5TH | 5th Floor | 12,596 SF | ✓ |
| 611 | TERRACE | 1,638 SF | ✗ |
| 501 | CANOPY | 293 SF | ✗ |
| 482 | LIGHT POLES | 5 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| MISC | Miscellaneous | 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% | $99,315.27 | $99,315.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $56,250.42 | $56,250.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $40,344.95 | $40,344.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,669.14 | $12,669.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,099.44 | $11,099.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $219,679.22 | $219,679.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,717,882 | $10,734,465 | -0.2% |
| Assessed Value | $10,717,882 | $10,734,465 | -0.2% |
| Land Value | $2,288,725 | $2,288,725 | +0.0% |
| Improvement Value | $8,429,157 | $8,445,740 | -0.2% |
| Taxable Value | $10,717,882 | $10,734,465 | -0.2% |
| Total Tax 2026 = estimate |
~$219,340
Estimated
|
~$219,679
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,717,882 | $10,717,882 | +0 (+0.0%) |
| Taxable Value | $10,717,882 | $10,717,882 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,717,882 | $2,288,725 | $8,429,157 | — | $10,717,882 | $10,717,882 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,734,465 | $2,288,725 | $8,445,740 | — | $10,734,465 | $10,734,465 | ~$219,679 | Partial |
| 2024 | $11,798,415 | — | — | −$9,509,690 | $2,288,725 | $— | $233,622 | Verified |
| 2023 | $14,615,162 | — | — | −$12,326,437 | $2,288,725 | $— | $213,462 | Verified |
| 2022 | $13,721,000 | — | — | −$11,432,275 | $2,288,725 | $— | $288,638 | Verified |
| 2021 | $14,474,600 | — | — | −$12,185,875 | $2,288,725 | $— | $298,662 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | -8.9% | -8.9% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.9800% | Verified |
| 2023 | -19.3% | -19.3% | ~100% | 1.8100% | Verified |
| 2022 | +6.5% | +6.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | -5.4% | -7.2% | +6.5% | 2023 | -19.3% | 2024 |
| Assessment Ratio | 100.0% | 44.6% | — | 100.0% | 2025 | 15.7% | 2023 |
| 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 |
$219,679 | $250,813 | ~$168,535 | $298,662 | 2021 | $213,462 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,961,480 | ~$9,961,480 | ~2.0139% | ~$200,618 | -7.2% |
| 2027 | ~$9,244,157 | ~$9,244,157 | ~1.9814% | ~$183,163 | -13.9% |
| 2028 | ~$8,578,489 | ~$8,578,489 | ~1.9488% | ~$167,181 | -20.1% |
| 2029 | ~$7,960,755 | ~$7,960,755 | ~1.9163% | ~$152,551 | -25.8% |
| 2030 | ~$7,387,503 | ~$7,387,503 | ~1.8837% | ~$139,162 | -31.2% |
| 2026 | ~$10,197,742 | ~$10,197,742 | ~2.0465% | ~$208,695 | -5.0% |
| 2027 | ~$9,687,855 | ~$9,687,855 | ~2.0465% | ~$198,260 | -9.7% |
| 2028 | ~$9,203,462 | ~$9,203,462 | ~2.0465% | ~$188,347 | -14.3% |
| 2029 | ~$8,743,289 | ~$8,743,289 | ~2.0465% | ~$178,930 | -18.5% |
| 2030 | ~$8,306,124 | ~$8,306,124 | ~2.0465% | ~$169,984 | -22.6% |
| 2026 | ~$10,176,169 | ~$10,176,169 | ~1.9977% | ~$203,285 | -5.2% |
| 2027 | ~$9,646,910 | ~$9,646,910 | ~1.9488% | ~$188,003 | -10.1% |
| 2028 | ~$9,145,178 | ~$9,145,178 | ~1.9000% | ~$173,760 | -14.8% |
| 2029 | ~$8,669,540 | ~$8,669,540 | ~1.8512% | ~$160,490 | -19.2% |
| 2030 | ~$8,218,640 | ~$8,218,640 | ~1.8024% | ~$148,130 | -23.4% |
In 2025, this property's market value of $10,734,465 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $10,734,465 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,798,415 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,615,162 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,721,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,474,600 | $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.