1005 E ST ELMO RD 4 TX 78745
| Owner | THOR ST ELMO N6 LLC & |
|---|---|
| Parcel ID | 0413010705 |
| Short ID | 896750 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,821 SF |
| Land SF | 9,143 SF |
| Acres | 0.210 |
| Year Built | 2015 |
| Legal | UNT 4 TEN O FIVE BUSINESS PARK CONDOMINIUMS PLUS 4.78 % INT IN COM AREA |
| Neighborhood | 53SOU |
| Land | $228,565 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $228,565 |
| Improvement | $729,388 |
|---|---|
| Total Improvement | $729,388 |
| Market | $957,953 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $957,953 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $957,953 |
| Taxable Value | $957,953 |
|---|
Appreciation: Market value has risen +13.2% from $846,000 (2021) to $957,953 (2025), a CAGR of 3.2% 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 $19,604. 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 24% of market value ($228,565 land vs $729,388 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 $957,953, 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 +3.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,118,952 by 2030, with an estimated annual tax burden around $21,078. 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 | 2,821 SF | ✓ |
| 501 | CANOPY | 450 SF | ✗ |
| 611 | TERRACE | 450 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% | $8,862.98 | $8,862.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,019.84 | $5,019.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,600.42 | $3,600.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,130.60 | $1,130.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $990.52 | $990.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,604.36 | $19,604.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $974,330 | $957,953 | +1.7% |
| Assessed Value | $974,330 | $957,953 | +1.7% |
| Land Value | $228,565 | $228,565 | +0.0% |
| Improvement Value | $745,765 | $729,388 | +2.2% |
| Taxable Value | $974,330 | $957,953 | +1.7% |
| Total Tax 2026 = estimate |
~$19,940
Estimated
|
~$19,604
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $974,330 | $974,330 | +0 (+0.0%) |
| Taxable Value | $974,330 | $974,330 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $974,330 | $228,565 | $745,765 | — | $974,330 | $974,330 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $957,953 | $228,565 | $729,388 | — | $957,953 | $957,953 | ~$19,604 | Partial |
| 2024 | $872,350 | — | — | −$643,785 | $228,565 | $— | $18,985 | Verified |
| 2023 | $856,367 | — | — | −$627,802 | $228,565 | $— | $15,849 | Verified |
| 2022 | $840,000 | — | — | −$702,861 | $137,139 | $— | $16,974 | Verified |
| 2021 | $846,000 | — | — | −$708,861 | $137,139 | $— | $18,507 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +2.0% | +2.0% | ~100% | 1.9800% | Verified |
| 2023 | +2.3% | +2.3% | ~100% | 1.6900% | Verified |
| 2022 | -12.8% | -12.8% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | +2.9% | +2.8% | +9.8% | 2025 | -0.7% | 2022 |
| Assessment Ratio | 100.0% | 47.6% | — | 100.0% | 2025 | 16.2% | 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 |
$19,604 | $17,984 | ~$20,491 | $19,604 | 2025 | $15,849 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$988,184 | ~$988,184 | ~2.0139% | ~$19,901 | +3.2% |
| 2027 | ~$1,019,368 | ~$1,019,368 | ~1.9814% | ~$20,198 | +6.4% |
| 2028 | ~$1,051,537 | ~$1,051,537 | ~1.9488% | ~$20,493 | +9.8% |
| 2029 | ~$1,084,721 | ~$1,084,721 | ~1.9163% | ~$20,786 | +13.2% |
| 2030 | ~$1,118,952 | ~$1,118,952 | ~1.8837% | ~$21,078 | +16.8% |
| 2026 | ~$969,025 | ~$969,025 | ~2.0465% | ~$19,831 | +1.2% |
| 2027 | ~$980,224 | ~$980,224 | ~2.0465% | ~$20,060 | +2.3% |
| 2028 | ~$991,553 | ~$991,553 | ~2.0465% | ~$20,292 | +3.5% |
| 2029 | ~$1,003,013 | ~$1,003,013 | ~2.0465% | ~$20,527 | +4.7% |
| 2030 | ~$1,014,605 | ~$1,014,605 | ~2.0465% | ~$20,764 | +5.9% |
| 2026 | ~$1,007,343 | ~$1,007,343 | ~1.9977% | ~$20,123 | +5.2% |
| 2027 | ~$1,059,279 | ~$1,059,279 | ~1.9488% | ~$20,644 | +10.6% |
| 2028 | ~$1,113,893 | ~$1,113,893 | ~1.9000% | ~$21,164 | +16.3% |
| 2029 | ~$1,171,322 | ~$1,171,322 | ~1.8512% | ~$21,683 | +22.3% |
| 2030 | ~$1,231,713 | ~$1,231,713 | ~1.8024% | ~$22,200 | +28.6% |
In 2025, this property's market value of $957,953 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -32% 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 | $957,953 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $872,350 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $856,367 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $840,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $846,000 | $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.