1906 E 12 ST TX 78702
| Owner | CAPITOL ENDEAVORS LTD |
|---|---|
| Parcel ID | 0208090410 |
| Short ID | 197307 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 3,020 SF |
| Land SF | 3,169 SF |
| Acres | 0.073 |
| Year Built | 1919 |
| Legal | S63FT OF E49.8FT OF LOT 2 * & S63FT OF W.42 OF LOT 3 BLK 1 OLT 34 DIVISION B |
| Neighborhood | 31CEN |
| Land | $411,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $411,970 |
| Improvement | $77,475 |
|---|---|
| Total Improvement | $77,475 |
| Market | $489,445 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $489,445 |
| Value Limitation Adjustment (−) (homestead cap) | −$19,760 |
| Net Appraised (assessed) | $469,685 |
| Taxable Value | $469,685 |
|---|
Appreciation: Market value has risen +11.5% from $438,883 (2021) to $489,445 (2025), a CAGR of 2.8% 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 $9,612. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($469,685) is $19,760 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 84% of market value ($411,970 land vs $77,475 improvements), about $130/SF of land. With value concentrated in the land under a ~107-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 $489,445, this parcel sits in the bottom quartile (<25th 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 +0.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $469,011 by 2031, with an estimated annual tax burden around $8,835. 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 | 3,020 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% | $3,990.74 | $3,990.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,260.28 | $2,260.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,621.16 | $1,621.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $509.08 | $509.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $446.00 | $446.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,827.26 | $8,827.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,990.74 | 45.2% |
| CAT City of Austin | 0.5240% | $2,260.28 | 25.6% |
| TCO Travis County | 0.3758% | $1,621.16 | 18.4% |
| THD Travis Central Health | 0.1180% | $509.08 | 5.8% |
| ACT Austin Community College | 0.1034% | $446.00 | 5.1% |
| Total | 2.0465% | $8,827.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $453,697 | $489,445 | -7.3% |
| Assessed Value | $453,697 | $469,685 | -3.4% |
| Land Value | $411,970 | $411,970 | +0.0% |
| Improvement Value | $41,727 | $77,475 | -46.1% |
| Taxable Value | $453,697 | $469,685 | -3.4% |
| Total Tax 2026 = estimate |
~$9,285
Estimated
|
~$8,827
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $453,697 | $411,970 | $41,727 | — | $453,697 | $453,697 | Not yet — post-cert | Preliminary |
| 2025 | $489,445 | $411,970 | $77,475 | −$19,760 | $469,685 | $469,685 | ~$8,827 | Partial |
| 2024 | $488,388 | $411,970 | $76,418 | −$64,554 | $423,834 | $423,834 | $7,757 | Verified |
| 2023 | $490,025 | $411,970 | $78,055 | — | $490,025 | $490,025 | $6,390 | Verified |
| 2022 | $278,171 | $221,830 | $56,341 | — | $278,171 | $278,171 | $5,234 | Verified |
| 2021 | $438,883 | $190,140 | $248,743 | — | $438,883 | $438,883 | $5,365 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.3% | -3.4% | ~100% | Not available | Partial |
| 2025 | +0.2% | +10.8% | 96.0% | Not available | Partial |
| 2024 | -0.3% | -13.5% | 86.8% | No billing data | Verified |
| 2023 | +76.2% ! | +76.2% | ~100% | No billing data | Verified |
| 2022 | -36.6% | -36.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.3% | +6.4% | +0.7% | +76.2% | 2023 | -36.6% | 2022 |
| Assessment Ratio | 100.0% | 97.1% | — | 100.0% | 2021 | 86.8% | 2024 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,827 | $6,715 | ~$9,018 | $8,827 | 2025 | $5,234 | 2022 |
Market value changed by 76% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$456,719 | ~$456,719 | ~2.0139% | ~$9,198 | +0.7% |
| 2028 | ~$459,762 | ~$459,762 | ~1.9814% | ~$9,110 | +1.3% |
| 2029 | ~$462,824 | ~$462,824 | ~1.9488% | ~$9,020 | +2.0% |
| 2030 | ~$465,907 | ~$465,907 | ~1.9163% | ~$8,928 | +2.7% |
| 2031 | ~$469,011 | ~$469,011 | ~1.8837% | ~$8,835 | +3.4% |
| 2027 | ~$447,645 | ~$447,645 | ~2.0465% | ~$9,161 | -1.3% |
| 2028 | ~$441,674 | ~$441,674 | ~2.0465% | ~$9,039 | -2.7% |
| 2029 | ~$435,783 | ~$435,783 | ~2.0465% | ~$8,918 | -3.9% |
| 2030 | ~$429,970 | ~$429,970 | ~2.0465% | ~$8,799 | -5.2% |
| 2031 | ~$424,235 | ~$424,235 | ~2.0465% | ~$8,682 | -6.5% |
| 2027 | ~$465,793 | ~$465,793 | ~1.9977% | ~$9,305 | +2.7% |
| 2028 | ~$478,212 | ~$478,212 | ~1.9488% | ~$9,320 | +5.4% |
| 2029 | ~$490,962 | ~$490,962 | ~1.9000% | ~$9,328 | +8.2% |
| 2030 | ~$504,051 | ~$504,051 | ~1.8512% | ~$9,331 | +11.1% |
| 2031 | ~$517,490 | ~$517,490 | ~1.8024% | ~$9,327 | +14.1% |
In 2025, this property's market value of $489,445 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -65% below 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 | $489,445 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $488,388 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $490,025 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $278,171 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $438,883 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |