1005 E ST ELMO RD 10 TX 78745
| Owner | THOR ST ELMO N6 LLC & |
|---|---|
| Parcel ID | 0413010711 |
| Short ID | 896756 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,259 SF |
| Land SF | 36,436 SF |
| Acres | 0.836 |
| Year Built | 2015 |
| Legal | UNT 10 TEN O FIVE BUSINESS PARK CONDOMINIUMS PLUS 19.05 % INT IN COM AREA |
| Neighborhood | 53SOU |
| Land | $910,912 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $910,912 |
| Improvement | $2,513,913 |
|---|---|
| Total Improvement | $2,513,913 |
| Market | $3,424,825 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,424,825 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,424,825 |
| Taxable Value | $3,424,825 |
|---|
Appreciation: Market value has risen +19.0% from $2,878,300 (2021) to $3,424,825 (2025), a CAGR of 4.4% 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 $70,089. 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 27% of market value ($910,912 land vs $2,513,913 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 $3,424,825, this parcel sits in the top quartile (≥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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,256,144 by 2030, with an estimated annual tax burden around $80,175. 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 | 11,259 SF | ✓ |
| 501 | CANOPY | 405 SF | ✗ |
| 611 | TERRACE | 405 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% | $31,686.48 | $31,686.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,946.67 | $17,946.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,872.03 | $12,872.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,042.08 | $4,042.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,541.27 | $3,541.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $70,088.53 | $70,088.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,662,650 | $3,424,825 | +6.9% |
| Assessed Value | $3,662,650 | $3,424,825 | +6.9% |
| Land Value | $910,912 | $910,912 | +0.0% |
| Improvement Value | $2,751,738 | $2,513,913 | +9.5% |
| Taxable Value | $3,662,650 | $3,424,825 | +6.9% |
| Total Tax 2026 = estimate |
~$74,956
Estimated
|
~$70,089
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,662,650 | $3,662,650 | +0 (+0.0%) |
| Taxable Value | $3,662,650 | $3,662,650 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,662,650 | $910,912 | $2,751,738 | — | $3,662,650 | $3,662,650 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,424,825 | $910,912 | $2,513,913 | — | $3,424,825 | $3,424,825 | ~$70,089 | Partial |
| 2024 | $3,476,627 | — | — | −$2,565,715 | $910,912 | $— | $67,874 | Verified |
| 2023 | $3,062,194 | — | — | −$2,151,282 | $910,912 | $— | $63,162 | Verified |
| 2022 | $2,850,000 | — | — | −$2,303,453 | $546,547 | $— | $60,694 | Verified |
| 2021 | $2,878,300 | — | — | −$2,331,753 | $546,547 | $— | $63,031 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -8.5% | -8.5% | ~100% | 1.9800% | Verified |
| 2023 | +14.0% | +14.0% | ~100% | 1.6900% | Verified |
| 2022 | -13.6% | -13.6% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +5.1% | +3.1% | +13.5% | 2024 | -1.5% | 2025 |
| Assessment Ratio | 100.0% | 49.0% | — | 100.0% | 2025 | 19.0% | 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 |
$70,089 | $64,970 | ~$76,073 | $70,089 | 2025 | $60,694 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,576,959 | ~$3,576,959 | ~2.0139% | ~$72,038 | +4.4% |
| 2027 | ~$3,735,851 | ~$3,735,851 | ~1.9814% | ~$74,022 | +9.1% |
| 2028 | ~$3,901,801 | ~$3,901,801 | ~1.9488% | ~$76,040 | +13.9% |
| 2029 | ~$4,075,123 | ~$4,075,123 | ~1.9163% | ~$78,091 | +19.0% |
| 2030 | ~$4,256,144 | ~$4,256,144 | ~1.8837% | ~$80,175 | +24.3% |
| 2026 | ~$3,508,463 | ~$3,508,463 | ~2.0465% | ~$71,800 | +2.4% |
| 2027 | ~$3,594,143 | ~$3,594,143 | ~2.0465% | ~$73,554 | +4.9% |
| 2028 | ~$3,681,915 | ~$3,681,915 | ~2.0465% | ~$75,350 | +7.5% |
| 2029 | ~$3,771,831 | ~$3,771,831 | ~2.0465% | ~$77,190 | +10.1% |
| 2030 | ~$3,863,943 | ~$3,863,943 | ~2.0465% | ~$79,075 | +12.8% |
| 2026 | ~$3,645,456 | ~$3,645,456 | ~1.9977% | ~$72,824 | +6.4% |
| 2027 | ~$3,880,299 | ~$3,880,299 | ~1.9488% | ~$75,621 | +13.3% |
| 2028 | ~$4,130,272 | ~$4,130,272 | ~1.9000% | ~$78,476 | +20.6% |
| 2029 | ~$4,396,348 | ~$4,396,348 | ~1.8512% | ~$81,385 | +28.4% |
| 2030 | ~$4,679,565 | ~$4,679,565 | ~1.8024% | ~$84,343 | +36.6% |
In 2025, this property's market value of $3,424,825 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +142% 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 | $3,424,825 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,476,627 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,062,194 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,850,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,878,300 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.