7200 S 1 ST TX 78745
| Owner | STORAGE EQUITIES PS PARTNERS |
|---|---|
| Parcel ID | 0421140610 |
| Short ID | 336283 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 67,860 SF |
| Land SF | 217,800 SF |
| Acres | 5.000 |
| Year Built | 1984 |
| Legal | ABS 6 SUR 19 CANNON W ACR 5.00 |
| Neighborhood | 63SOU |
| Land | $3,267,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,267,000 |
| Improvement | $6,780,879 |
|---|---|
| Total Improvement | $6,780,879 |
| Market | $10,047,879 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,047,879 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,047,879 |
| Taxable Value | $10,047,879 |
|---|
Appreciation: Market value has risen +54.2% from $6,516,712 (2021) to $10,047,879 (2025), a CAGR of 11.4% 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 $205,628. 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 33% of market value ($3,267,000 land vs $6,780,879 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,047,879, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,263,615 by 2030, with an estimated annual tax burden around $304,831. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 72,170 SF | ✗ |
| 1ST | 1st Floor | 67,860 SF | ✓ |
| SO | Sketch Only | 67,860 SF | ✗ |
| 541 | FENCE COMM LF | 1,800 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,250 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% | $92,962.98 | $92,962.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $52,652.59 | $52,652.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $37,764.45 | $37,764.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,858.81 | $11,858.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,389.51 | $10,389.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $205,628.34 | $205,628.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,843,000 | $10,047,879 | -2.0% |
| Assessed Value | $9,843,000 | $10,047,879 | -2.0% |
| Land Value | $3,267,000 | $3,267,000 | +0.0% |
| Improvement Value | $6,576,000 | $6,780,879 | -3.0% |
| Taxable Value | $9,843,000 | $10,047,879 | -2.0% |
| Total Tax 2026 = estimate |
~$201,436
Estimated
|
~$205,628
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,843,000 | $9,843,000 | +0 (+0.0%) |
| Taxable Value | $9,843,000 | $9,843,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,843,000 | $3,267,000 | $6,576,000 | — | $9,843,000 | $9,843,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,047,879 | $3,267,000 | $6,780,879 | — | $10,047,879 | $10,047,879 | ~$205,628 | Partial |
| 2024 | $6,900,000 | — | — | −$3,633,000 | $3,267,000 | $— | $187,121 | Verified |
| 2023 | $6,941,131 | — | — | −$3,674,131 | $3,267,000 | $— | $125,251 | Verified |
| 2022 | $6,474,824 | — | — | −$4,732,424 | $1,742,400 | $— | $128,805 | Verified |
| 2021 | $6,516,712 | — | — | −$4,774,312 | $1,742,400 | $— | $135,242 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2025 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2024 | +38.2% | +38.2% | ~100% | 1.8500% | Verified |
| 2023 | +5.4% | +5.4% | ~100% | 1.7100% | Verified |
| 2022 | +7.2% | +7.2% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +55.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.0% | +9.9% | +11.9% | +45.6% | 2025 | -2.0% | 2026 |
| Assessment Ratio | 100.0% | 58.0% | — | 100.0% | 2025 | 26.7% | 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 |
$205,628 | $156,410 | ~$262,172 | $205,628 | 2025 | $125,251 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,196,592 | ~$11,052,667 | ~2.0139% | ~$222,594 | +11.4% |
| 2027 | ~$12,476,631 | ~$12,157,934 | ~1.9814% | ~$240,896 | +24.2% |
| 2028 | ~$13,903,009 | ~$13,373,727 | ~1.9488% | ~$260,632 | +38.4% |
| 2029 | ~$15,492,456 | ~$14,711,100 | ~1.9163% | ~$281,907 | +54.2% |
| 2030 | ~$17,263,615 | ~$16,182,210 | ~1.8837% | ~$304,831 | +71.8% |
| 2026 | ~$10,995,635 | ~$10,995,635 | ~2.0465% | ~$225,024 | +9.4% |
| 2027 | ~$12,032,786 | ~$12,032,786 | ~2.0465% | ~$246,249 | +19.8% |
| 2028 | ~$13,167,766 | ~$13,167,766 | ~2.0465% | ~$269,476 | +31.1% |
| 2029 | ~$14,409,802 | ~$14,409,802 | ~2.0465% | ~$294,894 | +43.4% |
| 2030 | ~$15,768,992 | ~$15,768,992 | ~2.0465% | ~$322,710 | +56.9% |
| 2026 | ~$11,397,550 | ~$11,052,667 | ~1.9977% | ~$220,795 | +13.4% |
| 2027 | ~$12,928,514 | ~$12,157,934 | ~1.9488% | ~$236,939 | +28.7% |
| 2028 | ~$14,665,123 | ~$13,373,727 | ~1.9000% | ~$254,103 | +46.0% |
| 2029 | ~$16,635,000 | ~$14,711,100 | ~1.8512% | ~$272,331 | +65.6% |
| 2030 | ~$18,869,479 | ~$16,182,210 | ~1.8024% | ~$291,664 | +87.8% |
In 2025, this property's market value of $10,047,879 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,047,879 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,941,131 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,474,824 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,516,712 | $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.