1400 LAVACA ST TX 78701
| Owner | CZ PROPERTIES LLC |
|---|---|
| Parcel ID | 0210022012 |
| Short ID | 199836 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 27,038 SF |
| Land SF | 35,328 SF |
| Acres | 0.811 |
| Year Built | 2019 |
| Legal | LOT A RESUB OF LTS 1-6 BLOCK 175 ORIGINAL CITY (TOTAL SQ FT 35328) |
| Neighborhood | 50CBD |
| Land | $22,963,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $22,963,200 |
| Improvement | $24,736,800 |
|---|---|
| Total Improvement | $24,736,800 |
| Market | $47,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,700,000 |
| Taxable Value | $47,700,000 |
|---|
Appreciation: Market value has fallen -47.9% from $91,475,885 (2021) to $47,700,000 (2025), a CAGR of -15.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $976,173. 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 48% of market value ($22,963,200 land vs $24,736,800 improvements), about $650/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $47,700,000, 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 -5.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $53,380,505 by 2031, with an estimated annual tax burden around $1,005,551. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 135,192 SF | ✓ |
| ADDL | Additional Floor | 130,243 SF | ✓ |
| 1ST | 1st Floor | 27,038 SF | ✓ |
| 511 | DECK | 1,681 SF | ✗ |
| 611 | TERRACE | 1,669 SF | ✗ |
| 501 | CANOPY | 546 SF | ✗ |
| 335 | PENTHOUSE | 308 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% | $398,761.20 | $398,761.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $225,851.33 | $225,851.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $161,989.20 | $161,989.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $50,867.91 | $50,867.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $44,565.40 | $44,565.40 | Paid |
| P2U | — | — | — | — | — | — | $39,405.00 | $39,405.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $921,440.04 | $921,440.04 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $398,761.20 | 43.3% |
| CAT City of Austin | 0.5240% | $225,851.33 | 24.5% |
| TCO Travis County | 0.3758% | $161,989.20 | 17.6% |
| THD Travis Central Health | 0.1180% | $50,867.91 | 5.5% |
| ACT Austin Community College | 0.1034% | $44,565.40 | 4.8% |
| P2U | — | $39,405.00 | 4.3% |
| Total | 2.0465% 5 of 6 | $921,440.04 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $69,878,673 | $47,700,000 | +46.5% |
| Assessed Value | $69,878,673 | $47,700,000 | +46.5% |
| Land Value | $26,496,000 | $22,963,200 | +15.4% |
| Improvement Value | $43,382,673 | $24,736,800 | +75.4% |
| Taxable Value | $69,878,673 | $47,700,000 | +46.5% |
| Total Tax 2026 = estimate |
~$1,430,057
Estimated
|
~$921,440
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $69,878,673 | $26,496,000 | $43,382,673 | — | $69,878,673 | $69,878,673 | Not yet — post-cert | Preliminary |
| 2025 | $47,700,000 | $22,963,200 | $24,736,800 | — | $47,700,000 | $47,700,000 | ~$921,440 | Partial |
| 2024 | $54,411,777 | $22,963,200 | $31,448,577 | — | $54,411,777 | $54,411,777 | $1,031,299 | Verified |
| 2023 | $84,370,934 | $22,963,200 | $61,407,734 | — | $84,370,934 | $84,370,934 | $1,489,182 | Verified |
| 2022 | $92,210,150 | $22,963,200 | $69,246,950 | — | $92,210,150 | $92,210,150 | $1,878,993 | Verified |
| 2021 | $91,475,885 | $22,963,200 | $68,512,685 | — | $91,475,885 | $91,475,885 | $2,028,339 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +46.5% | +46.5% | ~100% | Not available | Partial |
| 2025 | -12.3% | -12.3% | ~100% | Not available | Partial |
| 2024 | -35.5% | -35.5% | ~100% | No billing data | Verified |
| 2023 | -8.5% | -8.5% | ~100% | No billing data | Verified |
| 2022 | +0.8% | +0.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -47.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +46.5% | -1.8% | -5.2% | +46.5% | 2026 | -35.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$921,440 | $1,469,851 | ~$1,164,079 | $2,028,339 | 2021 | $921,440 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$66,214,371 | ~$66,214,371 | ~2.0139% | ~$1,333,515 | -5.2% |
| 2028 | ~$62,742,217 | ~$62,742,217 | ~1.9814% | ~$1,243,167 | -10.2% |
| 2029 | ~$59,452,137 | ~$59,452,137 | ~1.9488% | ~$1,158,627 | -14.9% |
| 2030 | ~$56,334,582 | ~$56,334,582 | ~1.9163% | ~$1,079,535 | -19.4% |
| 2031 | ~$53,380,505 | ~$53,380,505 | ~1.8837% | ~$1,005,551 | -23.6% |
| 2027 | ~$66,384,739 | ~$66,384,739 | ~2.0465% | ~$1,358,554 | -5.0% |
| 2028 | ~$63,065,502 | ~$63,065,502 | ~2.0465% | ~$1,290,626 | -9.8% |
| 2029 | ~$59,912,227 | ~$59,912,227 | ~2.0465% | ~$1,226,095 | -14.3% |
| 2030 | ~$56,916,616 | ~$56,916,616 | ~2.0465% | ~$1,164,790 | -18.5% |
| 2031 | ~$54,070,785 | ~$54,070,785 | ~2.0465% | ~$1,106,551 | -22.6% |
| 2027 | ~$67,611,944 | ~$67,611,944 | ~1.9977% | ~$1,350,658 | -3.2% |
| 2028 | ~$65,418,743 | ~$65,418,743 | ~1.9488% | ~$1,274,906 | -6.4% |
| 2029 | ~$63,296,686 | ~$63,296,686 | ~1.9000% | ~$1,202,648 | -9.4% |
| 2030 | ~$61,243,464 | ~$61,243,464 | ~1.8512% | ~$1,133,735 | -12.4% |
| 2031 | ~$59,256,844 | ~$59,256,844 | ~1.8024% | ~$1,068,028 | -15.2% |
In 2025, this property's market value of $47,700,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 34× 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 | $47,700,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $54,411,777 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $84,370,934 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $92,210,150 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $91,475,885 | $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 | — |