6509 S 1 ST TX 78745
| Owner | SOVRAN ACQUISITION LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0418121103 |
| Short ID | 330101 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 74,722 SF |
| Land SF | 242,194 SF |
| Acres | 5.560 |
| Year Built | 2004 |
| Legal | LOT 2 BUCKINGHAM EAST SEC 1 |
| Neighborhood | 63SOU |
| Land | $4,117,298 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,117,298 |
| Improvement | $5,084,702 |
|---|---|
| Total Improvement | $5,084,702 |
| Market | $9,202,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,202,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,202,000 |
| Taxable Value | $9,202,000 |
|---|
Appreciation: Market value has risen +0.8% from $9,132,371 (2021) to $9,202,000 (2025), a CAGR of 0.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $188,318. 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 45% of market value ($4,117,298 land vs $5,084,702 improvements), about $17/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,202,000, 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 +0.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,289,783 by 2030, with an estimated annual tax burden around $174,996. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 73,846 SF | ✓ |
| 093 | HVAC COMMRCL SF | 59,996 SF | ✗ |
| 551 | PAVED AREA | 32,500 SF | ✗ |
| 591 | MASONRY TRIM SF | 4,416 SF | ✗ |
| 483 | LIVING QUARTERS | 875 SF | ✓ |
| 2ND | 2nd Floor | 875 SF | ✓ |
| 501 | CANOPY | 528 SF | ✗ |
| 881 | COMMCL FINISHOUT | 464 SF | ✓ |
| 327 | STORAGE COMM'L | 411 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% | $79,175.18 | $79,175.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,843.43 | $44,843.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,163.42 | $32,163.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,099.97 | $10,099.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,848.59 | $8,848.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $175,130.59 | $175,130.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,557,629 | $9,202,000 | -7.0% |
| Assessed Value | $8,557,629 | $9,202,000 | -7.0% |
| Land Value | $4,117,298 | $4,117,298 | +0.0% |
| Improvement Value | $4,440,331 | $5,084,702 | -12.7% |
| Taxable Value | $8,557,629 | $9,202,000 | -7.0% |
| Total Tax 2026 = estimate |
~$175,131
Estimated
|
~$175,131
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,621,626 | $8,557,629 | -1,063,997 (-11.1%) |
| Taxable Value | $9,621,626 | $8,557,629 | -1,063,997 (-11.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,557,629 | $4,117,298 | $4,440,331 | — | $8,557,629 | $8,557,629 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,202,000 | $4,117,298 | $5,084,702 | — | $9,202,000 | $9,202,000 | ~$175,131 | Partial |
| 2024 | $9,883,000 | — | — | −$5,765,702 | $4,117,298 | $— | $194,269 | Verified |
| 2023 | $9,306,403 | — | — | −$5,189,105 | $4,117,298 | $— | $179,174 | Verified |
| 2022 | $8,243,951 | — | — | −$4,126,653 | $4,117,298 | $— | $183,794 | Verified |
| 2021 | $9,132,371 | — | — | −$5,015,073 | $4,117,298 | $— | $157,815 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2025 | -11.0% | -11.0% | ~100% | Not available | Partial |
| 2024 | +0.9% | +0.9% | ~100% | 1.8800% | Verified |
| 2023 | +10.2% | +10.2% | ~100% | 1.7500% | Verified |
| 2022 | +12.9% | +12.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | -0.9% | +1.7% | +12.9% | 2023 | -9.7% | 2022 |
| Assessment Ratio | 100.0% | 63.5% | — | 100.0% | 2025 | 41.7% | 2024 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$175,131 | $178,036 | ~$180,346 | $194,269 | 2024 | $157,815 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,219,490 | ~$9,219,490 | ~2.0139% | ~$185,675 | +0.2% |
| 2027 | ~$9,237,013 | ~$9,237,013 | ~1.9814% | ~$183,021 | +0.4% |
| 2028 | ~$9,254,570 | ~$9,254,570 | ~1.9488% | ~$180,357 | +0.6% |
| 2029 | ~$9,272,160 | ~$9,272,160 | ~1.9163% | ~$177,682 | +0.8% |
| 2030 | ~$9,289,783 | ~$9,289,783 | ~1.8837% | ~$174,996 | +1.0% |
| 2026 | ~$9,035,450 | ~$9,035,450 | ~2.0465% | ~$184,909 | -1.8% |
| 2027 | ~$8,871,915 | ~$8,871,915 | ~2.0465% | ~$181,562 | -3.6% |
| 2028 | ~$8,711,339 | ~$8,711,339 | ~2.0465% | ~$178,276 | -5.3% |
| 2029 | ~$8,553,670 | ~$8,553,670 | ~2.0465% | ~$175,050 | -7.0% |
| 2030 | ~$8,398,854 | ~$8,398,854 | ~2.0465% | ~$171,881 | -8.7% |
| 2026 | ~$9,403,530 | ~$9,403,530 | ~1.9977% | ~$187,851 | +2.2% |
| 2027 | ~$9,609,474 | ~$9,609,474 | ~1.9488% | ~$187,273 | +4.4% |
| 2028 | ~$9,819,928 | ~$9,819,928 | ~1.9000% | ~$186,580 | +6.7% |
| 2029 | ~$10,034,991 | ~$10,034,991 | ~1.8512% | ~$185,767 | +9.1% |
| 2030 | ~$10,254,764 | ~$10,254,764 | ~1.8024% | ~$184,829 | +11.4% |
In 2025, this property's market value of $9,202,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $9,202,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,883,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,306,403 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,243,951 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,132,371 | $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.