3212 E CESAR CHAVEZ ST AUSTIN, TX 78702
| Owner | WSRE CP EASTLAKE OWNER L P |
|---|---|
| Parcel ID | 0200130333 |
| Short ID | 187711 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 172,423 SF |
| Land SF | 161,512 SF |
| Acres | 3.708 |
| Year Built | 2020 |
| Legal | ACR 3.7078 OF LOT 9&10 BLK 1 OLT 15-16 DIV O DEETS E H ET AL ESTATE |
| Neighborhood | 51EAS |
| Land | $10,982,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,982,800 |
| Improvement | $51,125,826 |
|---|---|
| Total Improvement | $51,125,826 |
| Market | $62,108,626 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $62,108,626 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $62,108,626 |
| Taxable Value | $62,108,626 |
|---|
Appreciation: Market value has risen +53.4% from $40,500,000 (2021) to $62,108,626 (2025), a CAGR of 11.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 +17.8%, 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 $1,271,044. 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 18% of market value ($10,982,800 land vs $51,125,826 improvements), about $68/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $62,108,626, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +8.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $87,912,648 by 2031, with an estimated annual tax burden around $1,656,048. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 143,208 SF | ✓ |
| 1ST | 1st Floor | 57,783 SF | ✓ |
| 2ND | 2nd Floor | 57,416 SF | ✓ |
| 3RD | 3rd Floor | 57,224 SF | ✓ |
| 551 | PAVED AREA | 600 SF | ✗ |
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.
| 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% | $574,629.01 | $574,629.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $325,459.76 | $325,459.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $233,432.17 | $233,432.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $73,302.46 | $73,302.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $64,220.32 | $64,220.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,271,043.72 | $1,271,043.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $574,629.01 | 45.2% |
| CAT City of Austin | 0.5240% | $325,459.76 | 25.6% |
| TCO Travis County | 0.3758% | $233,432.17 | 18.4% |
| THD Travis Central Health | 0.1180% | $73,302.46 | 5.8% |
| ACT Austin Community College | 0.1034% | $64,220.32 | 5.1% |
| Total | 2.0465% | $1,271,043.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $59,669,609 | $62,108,626 | -3.9% |
| Assessed Value | $59,669,609 | $62,108,626 | -3.9% |
| Land Value | $10,982,800 | $10,982,800 | +0.0% |
| Improvement Value | $48,686,809 | $51,125,826 | -4.8% |
| Taxable Value | $59,669,609 | $62,108,626 | -3.9% |
| Total Tax 2026 = estimate |
~$1,221,130
Estimated
|
~$1,271,044
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $59,669,609 | $10,982,800 | $48,686,809 | — | $59,669,609 | $59,669,609 | Not yet — post-cert | Preliminary |
| 2025 | $62,108,626 | $10,982,800 | $51,125,826 | — | $62,108,626 | $62,108,626 | ~$1,271,044 | Partial |
| 2024 | $74,424,839 | $10,982,800 | $63,442,039 | — | $74,424,839 | $74,424,839 | $1,474,962 | Verified |
| 2023 | $80,590,505 | $10,982,800 | $69,607,705 | — | $80,590,505 | $80,590,505 | $1,458,081 | Verified |
| 2022 | $102,009,500 | $8,237,100 | $93,772,400 | — | $102,009,500 | $102,009,500 | $1,826,809 | Verified |
| 2021 | $40,500,000 | $7,550,675 | $32,949,325 | — | $40,500,000 | $40,500,000 | $814,219 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | -16.5% | -16.5% | ~100% | Not available | Partial |
| 2024 | -7.7% | -7.7% | ~100% | No billing data | Verified |
| 2023 | -21.0% | -21.0% | ~100% | No billing data | Verified |
| 2022 | +151.9% ! | +151.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +20.6% | +8.1% | +151.9% | 2022 | -21.0% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$1,271,044 | $1,369,023 | ~$1,472,281 | $1,826,809 | 2022 | $814,219 | 2021 |
Market value changed by 152% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$64,478,188 | ~$64,478,188 | ~2.0139% | ~$1,298,550 | +8.1% |
| 2028 | ~$69,674,275 | ~$69,674,275 | ~1.9814% | ~$1,380,518 | +16.8% |
| 2029 | ~$75,289,098 | ~$75,289,098 | ~1.9488% | ~$1,467,264 | +26.2% |
| 2030 | ~$81,356,401 | ~$81,356,401 | ~1.9163% | ~$1,559,025 | +36.3% |
| 2031 | ~$87,912,648 | ~$87,912,648 | ~1.8837% | ~$1,656,048 | +47.3% |
| 2027 | ~$63,284,796 | ~$63,284,796 | ~2.0465% | ~$1,295,114 | +6.1% |
| 2028 | ~$67,119,016 | ~$67,119,016 | ~2.0465% | ~$1,373,581 | +12.5% |
| 2029 | ~$71,185,538 | ~$71,185,538 | ~2.0465% | ~$1,456,801 | +19.3% |
| 2030 | ~$75,498,437 | ~$75,498,437 | ~2.0465% | ~$1,545,064 | +26.5% |
| 2031 | ~$80,072,642 | ~$80,072,642 | ~2.0465% | ~$1,638,675 | +34.2% |
| 2027 | ~$65,671,580 | ~$65,636,570 | ~1.9977% | ~$1,311,197 | +10.1% |
| 2028 | ~$72,277,271 | ~$72,200,227 | ~1.9488% | ~$1,407,067 | +21.1% |
| 2029 | ~$79,547,406 | ~$79,420,250 | ~1.9000% | ~$1,508,998 | +33.3% |
| 2030 | ~$87,548,820 | ~$87,362,275 | ~1.8512% | ~$1,617,245 | +46.7% |
| 2031 | ~$96,355,070 | ~$96,098,502 | ~1.8024% | ~$1,732,052 | +61.5% |
In 2025, this property's market value of $62,108,626 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 45× the county median of $1,382,921. 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 | $62,108,626 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $74,424,839 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $80,590,505 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $102,009,500 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $40,500,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |