1115 SAN JACINTO BLVD TX 78701
| Owner | TEXAS ASSOCIATION OF REALTORS |
|---|---|
| Parcel ID | 0208031102 |
| Short ID | 197019 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 41,121 SF |
| Land SF | 30,964 SF |
| Acres | 0.711 |
| Year Built | 1989 |
| Legal | LOT 10-12 *& 68 FT OF LOT 1-3 BLOCK 137 ORIGINAL CITY (TOTAL SQ FT 30964) |
| Neighborhood | 51CBD |
| Land | $10,837,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,837,400 |
| Improvement | $1,232,667 |
|---|---|
| Total Improvement | $1,232,667 |
| Market | $12,070,067 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,070,067 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,070,067 |
| Taxable Value | $12,070,067 |
|---|
Appreciation: Market value has fallen -18.8% from $14,856,300 (2021) to $12,070,067 (2025), a CAGR of -5.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $247,012. 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 90% of market value ($10,837,400 land vs $1,232,667 improvements), about $350/SF of land. With value concentrated in the land under a ~37-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 $12,070,067, 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 -9.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,795,632 by 2031, with an estimated annual tax burden around $109,175. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 47,231 SF | ✓ |
| 491 | SPRINKLER HEADS | 42,425 SF | ✗ |
| 2ND | 2nd Floor | 23,870 SF | ✓ |
| 1ST | 1st Floor | 17,251 SF | ✓ |
| SO | Sketch Only | 4,811 SF | ✗ |
| LOBBY | Lobby | 1,304 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% | $97,146.00 | $97,146.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $55,021.79 | $55,021.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,463.73 | $39,463.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,392.42 | $12,392.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,857.00 | $10,857.00 | Paid |
| P2U | — | — | — | — | — | — | $9,250.00 | $9,250.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $224,130.94 | $224,130.94 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $97,146.00 | 43.3% |
| CAT City of Austin | 0.5240% | $55,021.79 | 24.5% |
| TCO Travis County | 0.3758% | $39,463.73 | 17.6% |
| THD Travis Central Health | 0.1180% | $12,392.42 | 5.5% |
| ACT Austin Community College | 0.1034% | $10,857.00 | 4.8% |
| P2U | — | $9,250.00 | 4.1% |
| Total | 2.0465% 5 of 6 | $224,130.94 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,279,097 | $12,070,067 | -23.1% |
| Assessed Value | $9,279,097 | $12,070,067 | -23.1% |
| Land Value | $7,741,000 | $10,837,400 | -28.6% |
| Improvement Value | $1,538,097 | $1,232,667 | +24.8% |
| Taxable Value | $9,279,097 | $12,070,067 | -23.1% |
| Total Tax 2026 = estimate |
~$189,895
Estimated
|
~$224,131
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,279,097 | $7,741,000 | $1,538,097 | — | $9,279,097 | $9,279,097 | Not yet — post-cert | Preliminary |
| 2025 | $12,070,067 | $10,837,400 | $1,232,667 | — | $12,070,067 | $12,070,067 | ~$224,131 | Partial |
| 2024 | $11,324,403 | $10,837,400 | $487,003 | — | $11,324,403 | $11,324,403 | $218,176 | Verified |
| 2023 | $11,405,140 | $6,192,800 | $5,212,340 | — | $11,405,140 | $11,405,140 | $216,434 | Verified |
| 2022 | $14,918,860 | $6,192,800 | $8,726,060 | — | $14,918,860 | $14,918,860 | $286,944 | Verified |
| 2021 | $14,856,300 | $6,192,800 | $8,663,500 | — | $14,856,300 | $14,856,300 | $306,101 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -23.1% | -23.1% | ~100% | Not available | Partial |
| 2025 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2024 | -0.7% | -0.7% | ~100% | No billing data | Verified |
| 2023 | -23.6% | -23.6% | ~100% | No billing data | Verified |
| 2022 | +0.4% | +0.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.1% | -8.1% | -9.0% | +6.6% | 2025 | -23.6% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$224,131 | $250,357 | ~$137,987 | $306,101 | 2021 | $216,434 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$8,445,488 | ~$8,445,488 | ~2.0139% | ~$170,087 | -9.0% |
| 2028 | ~$7,686,767 | ~$7,686,767 | ~1.9814% | ~$152,305 | -17.2% |
| 2029 | ~$6,996,209 | ~$6,996,209 | ~1.9488% | ~$136,345 | -24.6% |
| 2030 | ~$6,367,688 | ~$6,367,688 | ~1.9163% | ~$122,023 | -31.4% |
| 2031 | ~$5,795,632 | ~$5,795,632 | ~1.8837% | ~$109,175 | -37.5% |
| 2027 | ~$8,815,142 | ~$8,815,142 | ~2.0465% | ~$180,401 | -5.0% |
| 2028 | ~$8,374,385 | ~$8,374,385 | ~2.0465% | ~$171,381 | -9.8% |
| 2029 | ~$7,955,666 | ~$7,955,666 | ~2.0465% | ~$162,812 | -14.3% |
| 2030 | ~$7,557,883 | ~$7,557,883 | ~2.0465% | ~$154,671 | -18.5% |
| 2031 | ~$7,179,988 | ~$7,179,988 | ~2.0465% | ~$146,937 | -22.6% |
| 2027 | ~$8,631,069 | ~$8,631,069 | ~1.9977% | ~$172,420 | -7.0% |
| 2028 | ~$8,028,298 | ~$8,028,298 | ~1.9488% | ~$156,459 | -13.5% |
| 2029 | ~$7,467,623 | ~$7,467,623 | ~1.9000% | ~$141,886 | -19.5% |
| 2030 | ~$6,946,104 | ~$6,946,104 | ~1.8512% | ~$128,586 | -25.1% |
| 2031 | ~$6,461,007 | ~$6,461,007 | ~1.8024% | ~$116,451 | -30.4% |
In 2025, this property's market value of $12,070,067 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 | $12,070,067 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,324,403 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $11,405,140 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $14,918,860 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $14,856,300 | $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 | — |