320 W 2 ST TX 78701
| Owner | RHP BLOCK 21 LLC |
|---|---|
| Parcel ID | 0205011408 |
| Short ID | 798581 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 14,806 SF |
| Land SF | 1,383 SF |
| Acres | 0.032 |
| Year Built | 2010 |
| Legal | UNT COMM UNIT 4 BLOCK 21 MASTER CONDOMINIUMS PLUS 1.8068 % INT IN COM AREA |
| Neighborhood | 43CBD |
| Land | $311,137 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $311,137 |
| Improvement | $7,568,863 |
|---|---|
| Total Improvement | $7,568,863 |
| Market | $7,880,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,880,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,880,000 |
| Taxable Value | $7,880,000 |
|---|
Appreciation: Market value has risen +6.9% from $7,373,000 (2021) to $7,880,000 (2025), a CAGR of 1.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 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 $161,263. Austin ISD is the largest single contributor, at 43.4% 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 4% of market value ($311,137 land vs $7,568,863 improvements), about $225/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,880,000, 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 +2.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,326,153 by 2031, with an estimated annual tax burden around $175,681. 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 | 14,806 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% | $72,905.76 | $72,905.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,292.54 | $41,292.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,616.59 | $29,616.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,300.21 | $9,300.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,147.92 | $8,147.92 | Paid |
| P2U | — | — | — | — | — | — | $6,826.50 | $6,826.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $168,089.52 | $168,089.52 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $72,905.76 | 43.4% |
| CAT City of Austin | 0.5240% | $41,292.54 | 24.6% |
| TCO Travis County | 0.3758% | $29,616.59 | 17.6% |
| THD Travis Central Health | 0.1180% | $9,300.21 | 5.5% |
| ACT Austin Community College | 0.1034% | $8,147.92 | 4.8% |
| P2U | — | $6,826.50 | 4.1% |
| Total | 2.0465% 5 of 6 | $168,089.52 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,292,269 | $7,880,000 | +5.2% |
| Assessed Value | $8,292,269 | $7,880,000 | +5.2% |
| Land Value | $1,935,962 | $311,137 | +522.2% |
| Improvement Value | $6,356,307 | $7,568,863 | -16.0% |
| Taxable Value | $8,292,269 | $7,880,000 | +5.2% |
| Total Tax 2026 = estimate |
~$169,700
Estimated
|
~$168,090
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $8,292,269 | $1,935,962 | $6,356,307 | — | $8,292,269 | $8,292,269 | Not yet — post-cert | Preliminary |
| 2025 | $7,880,000 | $311,137 | $7,568,863 | — | $7,880,000 | $7,880,000 | ~$168,090 | Partial |
| 2024 | $7,827,000 | $311,137 | $7,515,863 | — | $7,827,000 | $7,827,000 | $161,894 | Verified |
| 2023 | $7,813,000 | $311,137 | $7,501,863 | — | $7,813,000 | $7,813,000 | $148,121 | Verified |
| 2022 | $7,777,059 | $311,137 | $7,465,922 | — | $7,777,059 | $7,777,059 | $160,868 | Verified |
| 2021 | $7,373,000 | $311,137 | $7,061,863 | — | $7,373,000 | $7,373,000 | $167,360 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.2% | +5.2% | ~100% | Not available | Partial |
| 2025 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | No billing data | Verified |
| 2023 | +0.5% | +0.5% | ~100% | No billing data | Verified |
| 2022 | +5.5% | +5.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.2% | +2.4% | +2.4% | +5.5% | 2022 | +0.2% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$168,090 | $161,266 | ~$173,367 | $168,090 | 2025 | $148,121 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$8,489,443 | ~$8,489,443 | ~2.0139% | ~$170,972 | +2.4% |
| 2028 | ~$8,691,306 | ~$8,691,306 | ~1.9814% | ~$172,208 | +4.8% |
| 2029 | ~$8,897,969 | ~$8,897,969 | ~1.9488% | ~$173,407 | +7.3% |
| 2030 | ~$9,109,545 | ~$9,109,545 | ~1.9163% | ~$174,565 | +9.9% |
| 2031 | ~$9,326,153 | ~$9,326,153 | ~1.8837% | ~$175,681 | +12.5% |
| 2027 | ~$8,323,598 | ~$8,323,598 | ~2.0465% | ~$170,341 | +0.4% |
| 2028 | ~$8,355,045 | ~$8,355,045 | ~2.0465% | ~$170,985 | +0.8% |
| 2029 | ~$8,386,611 | ~$8,386,611 | ~2.0465% | ~$171,631 | +1.1% |
| 2030 | ~$8,418,297 | ~$8,418,297 | ~2.0465% | ~$172,279 | +1.5% |
| 2031 | ~$8,450,102 | ~$8,450,102 | ~2.0465% | ~$172,930 | +1.9% |
| 2027 | ~$8,655,289 | ~$8,655,289 | ~1.9977% | ~$172,903 | +4.4% |
| 2028 | ~$9,034,201 | ~$9,034,201 | ~1.9488% | ~$176,062 | +8.9% |
| 2029 | ~$9,429,701 | ~$9,429,701 | ~1.9000% | ~$179,166 | +13.7% |
| 2030 | ~$9,842,515 | ~$9,842,515 | ~1.8512% | ~$182,204 | +18.7% |
| 2031 | ~$10,273,401 | ~$10,273,401 | ~1.8024% | ~$185,165 | +23.9% |
In 2025, this property's market value of $7,880,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× 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 | $7,880,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,827,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,813,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,777,059 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,373,000 | $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 | — |