Address unknown
| Owner | SHARP REAL ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0408130809 |
| Short ID | 1000458 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 61,752 SF |
| Land SF | 343,658 SF |
| Acres | 7.889 |
| Year Built | 1985 |
| Legal | — |
| Neighborhood | — |
| Land | $13,746,331 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,746,331 |
| Improvement | $4,917,366 |
|---|---|
| Total Improvement | $4,917,366 |
| Market | $18,663,697 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,663,697 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,663,697 |
| Taxable Value | $18,663,697 |
|---|
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 $381,950. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: R. 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 74% of market value ($13,746,331 land vs $4,917,366 improvements), about $40/SF of land. With value concentrated in the land under a ~41-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
No delinquent taxes on record.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 159,350 SF | ✗ |
| 2ND | 2nd Floor | 38,748 SF | ✓ |
| 551 | PAVED AREA | 36,673 SF | ✗ |
| 487 | PARKING UNDER | 23,963 SF | ✓ |
| 1ST | 1st Floor | 23,004 SF | ✓ |
| 611 | TERRACE | 6,636 SF | ✗ |
| 501 | CANOPY | 3,293 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
Market value changed by 82% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $172,676.52 | $172,676.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $97,800.95 | $97,800.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $70,146.57 | $70,146.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,027.46 | $22,027.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,298.26 | $19,298.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $381,949.76 | $381,949.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,405,629 | $18,663,697 | -81.8% |
| Assessed Value | $3,405,629 | $18,663,697 | -81.8% |
| Land Value | $2,185,676 | $13,746,331 | -84.1% |
| Improvement Value | $1,219,953 | $4,917,366 | -75.2% |
| Taxable Value | $3,405,629 | $18,663,697 | -81.8% |
| Total Tax 2026 = estimate |
~$69,696
Estimated
|
~$381,950
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,405,629 | $3,405,629 | +0 (+0.0%) |
| Taxable Value | $3,405,629 | $3,405,629 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,405,629 | $2,185,676 | $1,219,953 | — | $3,405,629 | $3,405,629 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,663,697 | $13,746,331 | $4,917,366 | — | $18,663,697 | $18,663,697 | ~$381,950 | Partial |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -81.8% ! | -81.8% | ~100% | Not available | Partial |
| 2025 | base year | — | ~100% | Not available | Partial |
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -81.8% | -81.8% | — | -81.8% | 2026 | -81.8% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$381,950 | $381,950 | — | $381,950 | 2025 | $381,950 | 2025 |
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.