4200 S 1 ST TX 78704
| Owner | 605 RADAM LLC |
|---|---|
| Parcel ID | 0409070318 |
| Short ID | 312720 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,992 SF |
| Land SF | 10,560 SF |
| Acres | 0.242 |
| Year Built | 1965 |
| Legal | 80X132 FT AV OF BLK 8D BOULDIN J E ESTATE |
| Neighborhood | 30SOU |
| Land | $316,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $316,800 |
| Improvement | $100,763 |
|---|---|
| Total Improvement | $100,763 |
| Market | $417,563 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $417,563 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $417,563 |
| Taxable Value | $417,563 |
|---|
Appreciation: Market value has risen +3.1% from $405,000 (2021) to $417,563 (2025), a CAGR of 0.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $8,545. 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 76% of market value ($316,800 land vs $100,763 improvements), about $30/SF of land. With value concentrated in the land under a ~61-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 $417,563, this parcel sits in the bottom quartile (<25th 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 +0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $433,816 by 2030, with an estimated annual tax burden around $8,172. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,992 SF | ✓ |
| 611 | TERRACE | 288 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% | $3,506.51 | $3,506.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,986.02 | $1,986.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,424.45 | $1,424.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $447.31 | $447.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $391.89 | $391.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,756.18 | $7,756.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $380,625 | $417,563 | -8.8% |
| Assessed Value | $380,625 | $417,563 | -8.8% |
| Land Value | $316,800 | $316,800 | +0.0% |
| Improvement Value | $63,825 | $100,763 | -36.7% |
| Taxable Value | $380,625 | $417,563 | -8.8% |
| Total Tax 2026 = estimate |
~$7,789
Estimated
|
~$7,756
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $418,837 | $380,625 | -38,212 (-9.1%) |
| Taxable Value | $418,837 | $380,625 | -38,212 (-9.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $380,625 | $316,800 | $63,825 | — | $380,625 | $380,625 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $417,563 | $316,800 | $100,763 | — | $417,563 | $417,563 | ~$7,756 | Partial |
| 2024 | $350,000 | — | — | −$33,200 | $316,800 | $— | $7,171 | Verified |
| 2023 | $350,000 | — | — | −$33,200 | $316,800 | $— | $6,332 | Verified |
| 2022 | $376,080 | — | — | −$59,280 | $316,800 | $— | $6,912 | Verified |
| 2021 | $405,000 | — | — | −$88,200 | $316,800 | $— | $8,186 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -1.9% | -0.6% | ~100% | Not available | Partial |
| 2024 | +10.9% | +9.5% | 98.7% | 1.6900% | Verified |
| 2023 | -0.9% | -0.9% | ~100% | 1.6500% | Verified |
| 2022 | +2.9% | +2.9% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.8% | -0.7% | +2.7% | +19.3% | 2025 | -8.8% | 2026 |
| Assessment Ratio | 100.0% | 90.6% | — | 100.0% | 2025 | 78.2% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,756 | $7,272 | ~$8,325 | $8,186 | 2021 | $6,332 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$420,764 | ~$420,764 | ~2.0139% | ~$8,474 | +0.8% |
| 2027 | ~$423,990 | ~$423,990 | ~1.9814% | ~$8,401 | +1.5% |
| 2028 | ~$427,240 | ~$427,240 | ~1.9488% | ~$8,326 | +2.3% |
| 2029 | ~$430,516 | ~$430,516 | ~1.9163% | ~$8,250 | +3.1% |
| 2030 | ~$433,816 | ~$433,816 | ~1.8837% | ~$8,172 | +3.9% |
| 2026 | ~$412,413 | ~$412,413 | ~2.0465% | ~$8,440 | -1.2% |
| 2027 | ~$407,326 | ~$407,326 | ~2.0465% | ~$8,336 | -2.5% |
| 2028 | ~$402,303 | ~$402,303 | ~2.0465% | ~$8,233 | -3.7% |
| 2029 | ~$397,341 | ~$397,341 | ~2.0465% | ~$8,132 | -4.8% |
| 2030 | ~$392,440 | ~$392,440 | ~2.0465% | ~$8,031 | -6.0% |
| 2026 | ~$429,115 | ~$429,115 | ~1.9977% | ~$8,572 | +2.8% |
| 2027 | ~$440,987 | ~$440,987 | ~1.9488% | ~$8,594 | +5.6% |
| 2028 | ~$453,188 | ~$453,188 | ~1.9000% | ~$8,611 | +8.5% |
| 2029 | ~$465,726 | ~$465,726 | ~1.8512% | ~$8,621 | +11.5% |
| 2030 | ~$478,611 | ~$478,611 | ~1.8024% | ~$8,626 | +14.6% |
In 2025, this property's market value of $417,563 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -71% 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 | $417,563 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $350,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $350,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $376,080 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $405,000 | $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.