1005 E ST ELMO RD 1 TX 78745
| Owner | THOR ST ELMO N6 LLC & |
|---|---|
| Parcel ID | 0413010702 |
| Short ID | 896747 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,682 SF |
| Land SF | 24,903 SF |
| Acres | 0.572 |
| Year Built | 2015 |
| Legal | UNT 1 TEN O FIVE BUSINESS PARK CONDOMINIUMS PLUS 13.02 % INT IN COM AREA |
| Neighborhood | 53SOU |
| Land | $622,576 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $622,576 |
| Improvement | $1,761,747 |
|---|---|
| Total Improvement | $1,761,747 |
| Market | $2,384,323 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,384,323 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,384,323 |
| Taxable Value | $2,384,323 |
|---|
Appreciation: Market value has risen +20.3% from $1,981,500 (2021) to $2,384,323 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 $48,795. 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 26% of market value ($622,576 land vs $1,761,747 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,384,323, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,004,892 by 2030, with an estimated annual tax burden around $56,604. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 7,682 SF | ✓ |
| 501 | CANOPY | 355 SF | ✗ |
| 611 | TERRACE | 355 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% | $22,059.76 | $22,059.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,494.26 | $12,494.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,961.36 | $8,961.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,814.05 | $2,814.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,465.39 | $2,465.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,794.82 | $48,794.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,506,350 | $2,384,323 | +5.1% |
| Assessed Value | $2,506,350 | $2,384,323 | +5.1% |
| Land Value | $622,576 | $622,576 | +0.0% |
| Improvement Value | $1,883,774 | $1,761,747 | +6.9% |
| Taxable Value | $2,506,350 | $2,384,323 | +5.1% |
| Total Tax 2026 = estimate |
~$51,292
Estimated
|
~$48,795
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,506,350 | $2,506,350 | +0 (+0.0%) |
| Taxable Value | $2,506,350 | $2,506,350 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,506,350 | $622,576 | $1,883,774 | — | $2,506,350 | $2,506,350 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,384,323 | $622,576 | $1,761,747 | — | $2,384,323 | $2,384,323 | ~$48,795 | Partial |
| 2024 | $2,376,149 | — | — | −$1,753,573 | $622,576 | $— | $47,253 | Verified |
| 2023 | $2,131,919 | — | — | −$1,509,343 | $622,576 | $— | $43,169 | Verified |
| 2022 | $1,960,000 | — | — | −$1,586,454 | $373,546 | $— | $42,256 | Verified |
| 2021 | $1,981,500 | — | — | −$1,607,954 | $373,546 | $— | $43,322 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -6.8% | -6.8% | ~100% | 1.9800% | Verified |
| 2023 | +11.9% | +11.9% | ~100% | 1.6900% | Verified |
| 2022 | -11.7% | -11.7% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.1% | +4.9% | +3.7% | +11.5% | 2024 | -1.1% | 2022 |
| Assessment Ratio | 100.0% | 48.9% | — | 100.0% | 2025 | 18.9% | 2021 |
| 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 |
$48,795 | $44,959 | ~$53,417 | $48,795 | 2025 | $42,256 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,497,226 | ~$2,497,226 | ~2.0139% | ~$50,293 | +4.7% |
| 2027 | ~$2,615,475 | ~$2,615,475 | ~1.9814% | ~$51,823 | +9.7% |
| 2028 | ~$2,739,324 | ~$2,739,324 | ~1.9488% | ~$53,385 | +14.9% |
| 2029 | ~$2,869,037 | ~$2,869,037 | ~1.9163% | ~$54,979 | +20.3% |
| 2030 | ~$3,004,892 | ~$3,004,892 | ~1.8837% | ~$56,604 | +26.0% |
| 2026 | ~$2,449,540 | ~$2,449,540 | ~2.0465% | ~$50,129 | +2.7% |
| 2027 | ~$2,516,540 | ~$2,516,540 | ~2.0465% | ~$51,501 | +5.5% |
| 2028 | ~$2,585,373 | ~$2,585,373 | ~2.0465% | ~$52,909 | +8.4% |
| 2029 | ~$2,656,088 | ~$2,656,088 | ~2.0465% | ~$54,356 | +11.4% |
| 2030 | ~$2,728,738 | ~$2,728,738 | ~2.0465% | ~$55,843 | +14.4% |
| 2026 | ~$2,544,912 | ~$2,544,912 | ~1.9977% | ~$50,839 | +6.7% |
| 2027 | ~$2,716,318 | ~$2,716,318 | ~1.9488% | ~$52,937 | +13.9% |
| 2028 | ~$2,899,268 | ~$2,899,268 | ~1.9000% | ~$55,087 | +21.6% |
| 2029 | ~$3,094,540 | ~$3,094,540 | ~1.8512% | ~$57,286 | +29.8% |
| 2030 | ~$3,302,964 | ~$3,302,964 | ~1.8024% | ~$59,532 | +38.5% |
In 2025, this property's market value of $2,384,323 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +68% 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 | $2,384,323 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,376,149 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,131,919 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,960,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,981,500 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.