217 W 9 ST TX 78701
| Owner | 1303 PROPERTIES LTD |
|---|---|
| Parcel ID | 0208011602 |
| Short ID | 196876 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 51,964 SF |
| Land SF | 23,552 SF |
| Acres | 0.541 |
| Year Built | 1928 |
| Legal | LOT 9 LESS E PT & ALL OF LOT 10-12 BLOCK 099 ORIGINAL CITY (TOTAL SQ FT 23552) |
| Neighborhood | 50CBD |
| Land | $12,247,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,247,040 |
| Improvement | $252,960 |
|---|---|
| Total Improvement | $252,960 |
| Market | $12,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,500,000 |
| Taxable Value | $12,500,000 |
|---|
Appreciation: Market value has risen +11.3% from $11,230,061 (2021) to $12,500,000 (2025), a CAGR of 2.7% over 4 years. Growth has been relatively flat for this asset class. 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 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 $255,811. Austin ISD is the largest single contributor, at 43.3% 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 98% of market value ($12,247,040 land vs $252,960 improvements), about $520/SF of land. With value concentrated in the land under a ~98-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 $12,500,000, 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 +4.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $17,932,482 by 2031, with an estimated annual tax burden around $337,802. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 33,500 SF | ✓ |
| 1ST | 1st Floor | 23,808 SF | ✓ |
| 2ND | 2nd Floor | 23,808 SF | ✓ |
| UBSMT | Unfinished Basement | 19,460 SF | ✓ |
| FBSMT | Finished Basement | 4,348 SF | ✓ |
| MEZZ | Mezzanine | 3,684 SF | ✓ |
| 335 | PENTHOUSE | 210 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 1 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% | $112,180.50 | $112,180.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $63,537.06 | $63,537.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,571.21 | $45,571.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,310.29 | $14,310.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,537.25 | $12,537.25 | Paid |
| P2U | — | — | — | — | — | — | $10,753.13 | $10,753.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $258,889.44 | $258,889.44 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $112,180.50 | 43.3% |
| CAT City of Austin | 0.5240% | $63,537.06 | 24.5% |
| TCO Travis County | 0.3758% | $45,571.21 | 17.6% |
| THD Travis Central Health | 0.1180% | $14,310.29 | 5.5% |
| ACT Austin Community College | 0.1034% | $12,537.25 | 4.8% |
| P2U | — | $10,753.13 | 4.2% |
| Total | 2.0465% 5 of 6 | $258,889.44 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,190,943 | $12,500,000 | +13.5% |
| Assessed Value | $14,190,943 | $12,500,000 | +13.5% |
| Land Value | $28,262,400 | $12,247,040 | +130.8% |
| Improvement Value | — | $252,960 | — |
| Taxable Value | $14,190,943 | $12,500,000 | +13.5% |
| Total Tax 2026 = estimate |
~$290,416
Estimated
|
~$258,889
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $14,190,943 | $28,262,400 | — | — | $14,190,943 | $14,190,943 | Not yet — post-cert | Preliminary |
| 2025 | $12,500,000 | $12,247,040 | $252,960 | — | $12,500,000 | $12,500,000 | ~$258,889 | Partial |
| 2024 | $14,150,336 | $12,247,040 | $1,903,296 | — | $14,150,336 | $14,150,336 | $260,499 | Verified |
| 2023 | $12,247,040 | $12,247,040 | — | — | $12,247,040 | $12,247,040 | $222,581 | Verified |
| 2022 | $15,576,236 | $12,247,040 | $3,329,196 | — | $15,576,236 | $15,576,236 | $301,426 | Verified |
| 2021 | $11,230,061 | $10,330,061 | $900,000 | — | $11,230,061 | $11,230,061 | $255,172 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.5% | +13.5% | ~100% | Not available | Partial |
| 2025 | -11.7% | -11.7% | ~100% | Not available | Partial |
| 2024 | +15.5% | +15.5% | ~100% | No billing data | Verified |
| 2023 | -21.4% | -21.4% | ~100% | No billing data | Verified |
| 2022 | +38.7% | +38.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.5% | +6.9% | +4.8% | +38.7% | 2022 | -21.4% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$258,889 | $259,714 | ~$318,447 | $301,426 | 2022 | $222,581 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$14,870,894 | ~$14,870,894 | ~2.0139% | ~$299,490 | +4.8% |
| 2028 | ~$15,583,425 | ~$15,583,425 | ~1.9814% | ~$308,768 | +9.8% |
| 2029 | ~$16,330,096 | ~$16,330,096 | ~1.9488% | ~$318,247 | +15.1% |
| 2030 | ~$17,112,544 | ~$17,112,544 | ~1.9163% | ~$327,926 | +20.6% |
| 2031 | ~$17,932,482 | ~$17,932,482 | ~1.8837% | ~$337,802 | +26.4% |
| 2027 | ~$14,587,075 | ~$14,587,075 | ~2.0465% | ~$298,522 | +2.8% |
| 2028 | ~$14,994,265 | ~$14,994,265 | ~2.0465% | ~$306,855 | +5.7% |
| 2029 | ~$15,412,822 | ~$15,412,822 | ~2.0465% | ~$315,421 | +8.6% |
| 2030 | ~$15,843,063 | ~$15,843,063 | ~2.0465% | ~$324,226 | +11.6% |
| 2031 | ~$16,285,313 | ~$16,285,313 | ~2.0465% | ~$333,276 | +14.8% |
| 2027 | ~$15,154,713 | ~$15,154,713 | ~1.9977% | ~$302,740 | +6.8% |
| 2028 | ~$16,183,937 | ~$16,183,937 | ~1.9488% | ~$315,399 | +14.0% |
| 2029 | ~$17,283,060 | ~$17,283,060 | ~1.9000% | ~$328,381 | +21.8% |
| 2030 | ~$18,456,830 | ~$18,456,830 | ~1.8512% | ~$341,672 | +30.1% |
| 2031 | ~$19,710,315 | ~$19,710,315 | ~1.8024% | ~$355,253 | +38.9% |
In 2025, this property's market value of $12,500,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× 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 | $12,500,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $14,150,336 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $12,247,040 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $15,576,236 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $11,230,061 | $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 | — |