5000 DAVIS LN 1C TX 78749
| Owner | VSH REAL ESTATES PARTNERSHIP 1 LLP |
|---|---|
| Parcel ID | 0418341104 |
| Short ID | 852718 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,339 SF |
| Land SF | 10,430 SF |
| Acres | 0.239 |
| Year Built | 2015 |
| Legal | UNT 1C DAVIS LANE MEDICAL CENTER OFFICE CONDOMINIUMS AMENDED PLUS 12.2 % INT IN COM AREA |
| Neighborhood | 26SW07 |
| Land | $208,591 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $208,591 |
| Improvement | $923,223 |
|---|---|
| Total Improvement | $923,223 |
| Market | $1,131,814 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,131,814 |
| Value Limitation Adjustment (−) (homestead cap) | −$145,846 |
| Net Appraised (assessed) | $985,968 |
| Taxable Value | $985,968 |
|---|
Appreciation: Market value has risen +87.0% from $605,242 (2021) to $1,131,814 (2025), a CAGR of 16.9% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $20,178. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($985,968) is $145,846 below market value, suggesting potential for an upward assessment in future years.
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 18% of market value ($208,591 land vs $923,223 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,131,814, 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 +16.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,475,042 by 2030, with an estimated annual tax burden around $29,912. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,339 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% | $9,122.18 | $9,122.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,166.64 | $5,166.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,705.71 | $3,705.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,163.67 | $1,163.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,019.49 | $1,019.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,177.69 | $20,177.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $940,000 | $1,131,814 | -16.9% |
| Assessed Value | $940,000 | $985,968 | -4.7% |
| Land Value | $208,591 | $208,591 | +0.0% |
| Improvement Value | $731,409 | $923,223 | -20.8% |
| Taxable Value | $940,000 | $985,968 | -4.7% |
| Total Tax 2026 = estimate |
~$19,237
Estimated
|
~$20,178
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,231,281 | $940,000 | -291,281 (-23.7%) |
| Taxable Value | $1,183,162 | $940,000 | -243,162 (-20.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $940,000 | $208,591 | $731,409 | — | $940,000 | $940,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,131,814 | $208,591 | $923,223 | −$145,846 | $985,968 | $985,968 | ~$20,178 | Partial |
| 2024 | $684,700 | — | — | −$476,109 | $208,591 | $— | $16,283 | Verified |
| 2023 | $646,000 | — | — | −$541,705 | $104,295 | $— | $12,388 | Verified |
| 2022 | $665,766 | — | — | −$561,471 | $104,295 | $— | $12,758 | Verified |
| 2021 | $605,242 | — | — | −$521,806 | $83,436 | $— | $14,492 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.8% | +20.0% | 96.1% | Not available | Partial |
| 2025 | +1.9% | +20.0% | 87.1% | Not available | Partial |
| 2024 | +62.3% | +20.0% | 73.9% | 1.4700% | Verified |
| 2023 | +6.0% | +6.0% | ~100% | 1.8100% | Verified |
| 2022 | -3.0% | -3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +70.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.9% | +12.3% | +21.7% | +65.3% | 2025 | -16.9% | 2026 |
| Assessment Ratio | 100.0% | 43.9% | — | 100.0% | 2026 | 13.8% | 2021 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,178 | $15,220 | ~$25,726 | $20,178 | 2025 | $12,388 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,323,538 | ~$1,084,565 | ~2.0139% | ~$21,842 | +16.9% |
| 2027 | ~$1,547,740 | ~$1,193,021 | ~1.9814% | ~$23,638 | +36.7% |
| 2028 | ~$1,809,921 | ~$1,312,323 | ~1.9488% | ~$25,575 | +59.9% |
| 2029 | ~$2,116,514 | ~$1,443,556 | ~1.9163% | ~$27,663 | +87.0% |
| 2030 | ~$2,475,042 | ~$1,587,911 | ~1.8837% | ~$29,912 | +118.7% |
| 2026 | ~$1,300,902 | ~$1,084,565 | ~2.0465% | ~$22,195 | +14.9% |
| 2027 | ~$1,495,251 | ~$1,193,021 | ~2.0465% | ~$24,415 | +32.1% |
| 2028 | ~$1,718,636 | ~$1,312,323 | ~2.0465% | ~$26,856 | +51.8% |
| 2029 | ~$1,975,392 | ~$1,443,556 | ~2.0465% | ~$29,542 | +74.5% |
| 2030 | ~$2,270,508 | ~$1,587,911 | ~2.0465% | ~$32,496 | +100.6% |
| 2026 | ~$1,346,175 | ~$1,084,565 | ~1.9977% | ~$21,666 | +18.9% |
| 2027 | ~$1,601,134 | ~$1,193,021 | ~1.9488% | ~$23,250 | +41.5% |
| 2028 | ~$1,904,382 | ~$1,312,323 | ~1.9000% | ~$24,934 | +68.3% |
| 2029 | ~$2,265,064 | ~$1,443,556 | ~1.8512% | ~$26,723 | +100.1% |
| 2030 | ~$2,694,058 | ~$1,587,911 | ~1.8024% | ~$28,620 | +138.0% |
In 2025, this property's market value of $1,131,814 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -20% 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 | $1,131,814 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $684,700 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $646,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $665,766 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $605,242 | $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.