8721 S 1 ST TX
| Owner | BRW HOLDINGS LLC |
|---|---|
| Parcel ID | 0428131109 |
| Short ID | 920966 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 12,037 SF |
| Land SF | 125,888 SF |
| Acres | 2.890 |
| Year Built | 2023 |
| Legal | LOT 1-A BLK A KAY CHRISTIAN CARTER SUBD NO 2 |
| Neighborhood | 59SOU |
| Land | $1,510,661 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,510,661 |
| Improvement | $1,939,325 |
|---|---|
| Total Improvement | $1,939,325 |
| Market | $3,449,986 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,449,986 |
| Value Limitation Adjustment (−) (homestead cap) | −$898,538 |
| Net Appraised (assessed) | $2,551,448 |
| Taxable Value | $2,551,448 |
|---|
Appreciation: Market value has risen +110.1% from $1,641,900 (2021) to $3,449,986 (2025), a CAGR of 20.4% 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 $52,215. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,551,448) is $898,538 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 44% of market value ($1,510,661 land vs $1,939,325 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,449,986, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,727,817 by 2030, with an estimated annual tax burden around $77,405. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,930 SF | ✓ |
| 2ND | 2nd Floor | 1,107 SF | ✓ |
| 571C | STORAGE DET COMM | 600 SF | ✓ |
| 631C | PORCH CLOS UNFIN COMM | 434 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 320 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 72 SF | ✗ |
Market value changed by 198% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $23,606.00 | $23,606.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,370.02 | $13,370.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,589.49 | $9,589.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,011.30 | $3,011.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,638.20 | $2,638.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,215.01 | $52,215.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,719,000 | $3,449,986 | +7.8% |
| Assessed Value | $3,061,738 | $2,551,448 | +20.0% |
| Land Value | $1,510,661 | $1,510,661 | +0.0% |
| Improvement Value | $2,208,339 | $1,939,325 | +13.9% |
| Taxable Value | $3,061,738 | $2,551,448 | +20.0% |
| HS Cap Loss | -$657,262 | — | |
| Total Tax 2026 = estimate |
~$62,658
Estimated
|
~$52,215
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,287,154 | $3,719,000 | -568,154 (-13.3%) |
| Taxable Value | $3,061,738 | $3,061,738 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,719,000 | $1,510,661 | $2,208,339 | −$657,262 | $3,061,738 | $3,061,738 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,449,986 | $1,510,661 | $1,939,325 | −$898,538 | $2,551,448 | $2,551,448 | ~$52,215 | Partial |
| 2024 | $1,771,839 | — | — | −$261,178 | $1,510,661 | $— | $42,137 | Verified |
| 2023 | $1,742,609 | — | — | −$231,948 | $1,510,661 | $— | $32,057 | Verified |
| 2022 | $1,697,054 | — | — | −$186,393 | $1,510,661 | $— | $34,415 | Verified |
| 2021 | $1,641,900 | — | — | −$131,239 | $1,510,661 | $— | $36,939 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.3% | +20.0% | 71.4% | Not available | Partial |
| 2025 | -36.8% | -53.3% | 74.0% | Not available | Partial |
| 2024 | +197.6% ! | +197.6% | ~100% | 0.7700% | Verified |
| 2023 | +5.3% | +5.3% | ~100% | 1.7500% | Verified |
| 2022 | +2.7% | +2.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +103.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.8% | +22.1% | +18.7% | +94.7% | 2025 | +1.7% | 2024 |
| Assessment Ratio | 82.3% | 84.9% | — | 92.0% | 2021 | 74.0% | 2025 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$52,215 | $39,553 | ~$66,573 | $52,215 | 2025 | $32,057 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,153,699 | ~$2,806,593 | ~2.0139% | ~$56,523 | +20.4% |
| 2027 | ~$5,000,952 | ~$3,087,252 | ~1.9814% | ~$61,170 | +45.0% |
| 2028 | ~$6,021,023 | ~$3,395,977 | ~1.9488% | ~$66,182 | +74.5% |
| 2029 | ~$7,249,165 | ~$3,735,575 | ~1.9163% | ~$71,584 | +110.1% |
| 2030 | ~$8,727,817 | ~$4,109,133 | ~1.8837% | ~$77,405 | +153.0% |
| 2026 | ~$4,084,699 | ~$2,806,593 | ~2.0465% | ~$57,437 | +18.4% |
| 2027 | ~$4,836,184 | ~$3,087,252 | ~2.0465% | ~$63,180 | +40.2% |
| 2028 | ~$5,725,923 | ~$3,395,977 | ~2.0465% | ~$69,498 | +66.0% |
| 2029 | ~$6,779,353 | ~$3,735,575 | ~2.0465% | ~$76,448 | +96.5% |
| 2030 | ~$8,026,588 | ~$4,109,133 | ~2.0465% | ~$84,093 | +132.7% |
| 2026 | ~$4,222,698 | ~$2,806,593 | ~1.9977% | ~$56,066 | +22.4% |
| 2027 | ~$5,168,479 | ~$3,087,252 | ~1.9488% | ~$60,166 | +49.8% |
| 2028 | ~$6,326,092 | ~$3,395,977 | ~1.9000% | ~$64,524 | +83.4% |
| 2029 | ~$7,742,982 | ~$3,735,575 | ~1.8512% | ~$69,153 | +124.4% |
| 2030 | ~$9,477,221 | ~$4,109,133 | ~1.8024% | ~$74,062 | +174.7% |
In 2025, this property's market value of $3,449,986 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +143% 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 | $3,449,986 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $1,771,839 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,742,609 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,697,054 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,641,900 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.