6516 S 1 ST TX 78745
| Owner | RIT INC |
|---|---|
| Parcel ID | 0419120117 |
| Short ID | 332559 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 700 SF |
| Land SF | 8,670 SF |
| Acres | 0.199 |
| Year Built | 1995 |
| Legal | LOT 2 BUCKINGHAM PLACE COMMERCIAL CENTER AMENDED |
| Neighborhood | 1SO1 |
| Land | $216,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $216,750 |
| Improvement | $18,150 |
|---|---|
| Total Improvement | $18,150 |
| Market | $234,900 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $234,900 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $234,900 |
| Taxable Value | $234,900 |
|---|
| Total Due | $5,528.28 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has fallen +0.0% from $234,900 (2021) to $234,900 (2025), a CAGR of 0.0% over 4 years. Growth has been relatively flat for this asset class. 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 $4,807. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 92% of market value ($216,750 land vs $18,150 improvements), about $25/SF of land. With value concentrated in the land under a ~31-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $234,900, this parcel sits in the bottom quartile (<25th 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 +0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $234,900 by 2030, with an estimated annual tax burden around $4,425. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $5,528.28 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,900 SF | ✗ |
| 1ST | 1st Floor | 700 SF | ✓ |
| 571C | STORAGE DET COMM | 520 SF | ✓ |
| 541 | FENCE COMM LF | 110 SF | ✗ |
| 511 | DECK | 56 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +109 |
| Travis County | 0.3444% | 0.3758% | +74 |
| Austin ISD | 0.9505% | 0.9252% | -59 |
| Travis Central Health | 0.1080% | 0.1180% | +24 |
| Austin Community College | 0.1013% | 0.1034% | +5 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $2,173.29 | $— | $2,173.29 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,230.92 | $— | $1,230.92 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $882.86 | $— | $882.86 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $277.24 | $— | $277.24 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $242.89 | $— | $242.89 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,807.20 | $0.00 | $4,807.20 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $234,900 | $234,900 | +0.0% |
| Assessed Value | $234,900 | $234,900 | +0.0% |
| Land Value | $216,750 | $216,750 | +0.0% |
| Improvement Value | $18,150 | $18,150 | +0.0% |
| Taxable Value | $234,900 | $234,900 | +0.0% |
| Total Tax 2026 = estimate |
~$4,807
Estimated
|
$4,807 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $234,900 | $234,900 | +0 (+0.0%) |
| Taxable Value | $234,900 | $234,900 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $234,900 | $216,750 | $18,150 | — | $234,900 | $234,900 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $234,900 | $216,750 | $18,150 | — | $234,900 | $234,900 | $4,807 | Verified |
| 2024 | $234,900 | — | — | −$18,150 | $216,750 | $— | $4,655 | Verified |
| 2023 | $234,900 | — | — | −$18,150 | $216,750 | $— | $4,250 | Verified |
| 2022 | $234,900 | — | — | −$18,150 | $216,750 | $— | $4,639 | Verified |
| 2021 | $234,900 | — | — | −$18,150 | $216,750 | $— | $5,113 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | 2.0500% | Verified |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | +0.0% | +0.0% | 2022 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 94.9% | — | 100.0% | 2025 | 92.3% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $4,807 | $4,693 | ~$4,578 | $5,113 | 2021 | $4,250 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$234,900 | ~$234,900 | ~2.0139% | ~$4,731 | +0.0% |
| 2027 | ~$234,900 | ~$234,900 | ~1.9814% | ~$4,654 | +0.0% |
| 2028 | ~$234,900 | ~$234,900 | ~1.9488% | ~$4,578 | +0.0% |
| 2029 | ~$234,900 | ~$234,900 | ~1.9163% | ~$4,501 | +0.0% |
| 2030 | ~$234,900 | ~$234,900 | ~1.8837% | ~$4,425 | +0.0% |
| 2026 | ~$230,202 | ~$230,202 | ~2.0465% | ~$4,711 | -2.0% |
| 2027 | ~$225,598 | ~$225,598 | ~2.0465% | ~$4,617 | -4.0% |
| 2028 | ~$221,086 | ~$221,086 | ~2.0465% | ~$4,524 | -5.9% |
| 2029 | ~$216,664 | ~$216,664 | ~2.0465% | ~$4,434 | -7.8% |
| 2030 | ~$212,331 | ~$212,331 | ~2.0465% | ~$4,345 | -9.6% |
| 2026 | ~$239,598 | ~$239,598 | ~1.9977% | ~$4,786 | +2.0% |
| 2027 | ~$244,390 | ~$244,390 | ~1.9488% | ~$4,763 | +4.0% |
| 2028 | ~$249,278 | ~$249,278 | ~1.9000% | ~$4,736 | +6.1% |
| 2029 | ~$254,263 | ~$254,263 | ~1.8512% | ~$4,707 | +8.2% |
| 2030 | ~$259,349 | ~$259,349 | ~1.8024% | ~$4,674 | +10.4% |
In 2025, this property's market value of $234,900 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -83% 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 | $234,900 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $234,900 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $234,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $234,900 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $234,900 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.