S 1 ST TX 78704
| Owner | 626 JOINT VENTURE |
|---|---|
| Parcel ID | 0411050308 |
| Short ID | 315636 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,100 SF |
| Land SF | 9,104 SF |
| Acres | 0.209 |
| Year Built | 1980 |
| Legal | .209 ACR OF LOT B FORTVIEW SUBD PHS 2 |
| Neighborhood | 53SOU |
| Land | $273,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $273,120 |
| Improvement | $428,671 |
|---|---|
| Total Improvement | $428,671 |
| Market | $701,791 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $701,791 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $701,791 |
| Taxable Value | $701,791 |
|---|
Appreciation: Market value has risen +17.8% from $595,836 (2021) to $701,791 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. 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 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 $14,362. 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 39% of market value ($273,120 land vs $428,671 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $701,791, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $861,111 by 2030, with an estimated annual tax burden around $16,221. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,600 SF | ✗ |
| 1ST | 1st Floor | 1,550 SF | ✓ |
| 2ND | 2nd Floor | 1,550 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,550 SF | ✗ |
| 501 | CANOPY | 420 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 372 SF | ✗ |
| 522C | FIREPLACE COMM | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $6,492.97 | $6,492.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,677.50 | $3,677.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,637.65 | $2,637.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $828.27 | $828.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $725.65 | $725.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,362.04 | $14,362.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $555,860 | $701,791 | -20.8% |
| Assessed Value | $555,860 | $701,791 | -20.8% |
| Land Value | $273,120 | $273,120 | +0.0% |
| Improvement Value | $282,740 | $428,671 | -34.0% |
| Taxable Value | $555,860 | $701,791 | -20.8% |
| Total Tax 2026 = estimate |
~$11,376
Estimated
|
~$14,362
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $638,919 | $555,860 | -83,059 (-13.0%) |
| Taxable Value | $638,919 | $555,860 | -83,059 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $555,860 | $273,120 | $282,740 | — | $555,860 | $555,860 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $701,791 | $273,120 | $428,671 | — | $701,791 | $701,791 | ~$14,362 | Partial |
| 2024 | $701,791 | — | — | −$428,671 | $273,120 | $— | $13,908 | Verified |
| 2023 | $606,774 | — | — | −$333,654 | $273,120 | $— | $12,697 | Verified |
| 2022 | $686,441 | — | — | −$413,321 | $273,120 | $— | $11,983 | Verified |
| 2021 | $595,836 | — | — | −$322,716 | $273,120 | $— | $14,942 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.0% | -9.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -15.0% | -15.0% | ~100% | 1.9800% | Verified |
| 2023 | +28.0% | +28.0% | ~100% | 1.5400% | Verified |
| 2022 | -6.0% | -6.0% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.5100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.8% | -0.3% | +9.6% | +15.7% | 2024 | -20.8% | 2026 |
| Assessment Ratio | 100.0% | 61.6% | — | 100.0% | 2025 | 38.9% | 2024 |
| 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 |
$14,362 | $13,578 | ~$15,468 | $14,942 | 2021 | $11,983 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$731,102 | ~$731,102 | ~2.0139% | ~$14,724 | +4.2% |
| 2027 | ~$761,638 | ~$761,638 | ~1.9814% | ~$15,091 | +8.5% |
| 2028 | ~$793,448 | ~$793,448 | ~1.9488% | ~$15,463 | +13.1% |
| 2029 | ~$826,588 | ~$826,588 | ~1.9163% | ~$15,840 | +17.8% |
| 2030 | ~$861,111 | ~$861,111 | ~1.8837% | ~$16,221 | +22.7% |
| 2026 | ~$717,066 | ~$717,066 | ~2.0465% | ~$14,675 | +2.2% |
| 2027 | ~$732,674 | ~$732,674 | ~2.0465% | ~$14,994 | +4.4% |
| 2028 | ~$748,622 | ~$748,622 | ~2.0465% | ~$15,320 | +6.7% |
| 2029 | ~$764,916 | ~$764,916 | ~2.0465% | ~$15,654 | +9.0% |
| 2030 | ~$781,566 | ~$781,566 | ~2.0465% | ~$15,995 | +11.4% |
| 2026 | ~$745,138 | ~$745,138 | ~1.9977% | ~$14,885 | +6.2% |
| 2027 | ~$791,162 | ~$791,162 | ~1.9488% | ~$15,418 | +12.7% |
| 2028 | ~$840,029 | ~$840,029 | ~1.9000% | ~$15,961 | +19.7% |
| 2029 | ~$891,915 | ~$891,915 | ~1.8512% | ~$16,511 | +27.1% |
| 2030 | ~$947,005 | ~$947,005 | ~1.8024% | ~$17,069 | +34.9% |
In 2025, this property's market value of $701,791 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% 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 | $701,791 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $701,791 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $606,774 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $686,441 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $595,836 | $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.