1005 E ST ELMO RD 9 TX 78745
| Owner | THOR ST ELMO N6 LLC & |
|---|---|
| Parcel ID | 0413010710 |
| Short ID | 896755 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,785 SF |
| Land SF | 12,260 SF |
| Acres | 0.281 |
| Year Built | 2015 |
| Legal | UNT 9 TEN O FIVE BUSINESS PARK CONDOMINIUMS PLUS 6.41 % INT IN COM AREA |
| Neighborhood | 53SOU |
| Land | $306,506 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $306,506 |
| Improvement | $941,328 |
|---|---|
| Total Improvement | $941,328 |
| Market | $1,247,834 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,247,834 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,247,834 |
| Taxable Value | $1,247,834 |
|---|
Appreciation: Market value has risen +20.2% from $1,038,500 (2021) to $1,247,834 (2025), a CAGR of 4.7% 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 $25,537. 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 25% of market value ($306,506 land vs $941,328 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 $1,247,834, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,569,801 by 2030, with an estimated annual tax burden around $29,571. 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 | 3,785 SF | ✓ |
| 501 | CANOPY | 350 SF | ✗ |
| 611 | TERRACE | 350 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% | $11,544.96 | $11,544.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,538.86 | $6,538.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,689.92 | $4,689.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,472.73 | $1,472.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,290.26 | $1,290.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,536.73 | $25,536.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,240,000 | $1,247,834 | -0.6% |
| Assessed Value | $1,240,000 | $1,247,834 | -0.6% |
| Land Value | $306,506 | $306,506 | +0.0% |
| Improvement Value | $933,494 | $941,328 | -0.8% |
| Taxable Value | $1,240,000 | $1,247,834 | -0.6% |
| Total Tax 2026 = estimate |
~$25,376
Estimated
|
~$25,537
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,240,000 | $1,240,000 | +0 (+0.0%) |
| Taxable Value | $1,240,000 | $1,240,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,240,000 | $306,506 | $933,494 | — | $1,240,000 | $1,240,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,247,834 | $306,506 | $941,328 | — | $1,247,834 | $1,247,834 | ~$25,537 | Partial |
| 2024 | $1,169,825 | — | — | −$863,319 | $306,506 | $— | $24,730 | Verified |
| 2023 | $1,116,266 | — | — | −$809,760 | $306,506 | $— | $21,253 | Verified |
| 2022 | $1,030,000 | — | — | −$846,096 | $183,904 | $— | $22,125 | Verified |
| 2021 | $1,038,500 | — | — | −$854,596 | $183,904 | $— | $22,677 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | 1.9800% | Verified |
| 2023 | +5.2% | +5.2% | ~100% | 1.6900% | Verified |
| 2022 | -6.2% | -6.2% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | +3.7% | +4.8% | +8.4% | 2023 | -0.8% | 2022 |
| Assessment Ratio | 100.0% | 48.2% | — | 100.0% | 2025 | 17.7% | 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 |
$25,537 | $23,264 | ~$27,925 | $25,537 | 2025 | $21,253 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,306,455 | ~$1,306,455 | ~2.0139% | ~$26,311 | +4.7% |
| 2027 | ~$1,367,830 | ~$1,367,830 | ~1.9814% | ~$27,102 | +9.6% |
| 2028 | ~$1,432,087 | ~$1,432,087 | ~1.9488% | ~$27,909 | +14.8% |
| 2029 | ~$1,499,364 | ~$1,499,364 | ~1.9163% | ~$28,732 | +20.2% |
| 2030 | ~$1,569,801 | ~$1,569,801 | ~1.8837% | ~$29,571 | +25.8% |
| 2026 | ~$1,281,498 | ~$1,281,498 | ~2.0465% | ~$26,226 | +2.7% |
| 2027 | ~$1,316,070 | ~$1,316,070 | ~2.0465% | ~$26,933 | +5.5% |
| 2028 | ~$1,351,575 | ~$1,351,575 | ~2.0465% | ~$27,660 | +8.3% |
| 2029 | ~$1,388,038 | ~$1,388,038 | ~2.0465% | ~$28,406 | +11.2% |
| 2030 | ~$1,425,485 | ~$1,425,485 | ~2.0465% | ~$29,172 | +14.2% |
| 2026 | ~$1,331,411 | ~$1,331,411 | ~1.9977% | ~$26,597 | +6.7% |
| 2027 | ~$1,420,587 | ~$1,420,587 | ~1.9488% | ~$27,685 | +13.8% |
| 2028 | ~$1,515,735 | ~$1,515,735 | ~1.9000% | ~$28,799 | +21.5% |
| 2029 | ~$1,617,256 | ~$1,617,256 | ~1.8512% | ~$29,939 | +29.6% |
| 2030 | ~$1,725,577 | ~$1,725,577 | ~1.8024% | ~$31,101 | +38.3% |
In 2025, this property's market value of $1,247,834 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -12% 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 | $1,247,834 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,169,825 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,116,266 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,030,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,038,500 | $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.