1820 LAVACA ST TX 78701
| Owner | WUKASCH PROPERTIES LTD L L P |
|---|---|
| Parcel ID | 0210022403 |
| Short ID | 199863 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,393 SF |
| Land SF | 6,348 SF |
| Acres | 0.146 |
| Year Built | 1965 |
| Legal | N 46' OF E 138' OLT 35 DIVISION E |
| Neighborhood | 20CEN |
| Land | $3,174,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,174,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,556,060 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,556,060 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,112,899 |
| Net Appraised (assessed) | $1,443,161 |
| Taxable Value | $1,443,161 |
|---|
Appreciation: Market value has risen +154.9% from $1,002,596 (2021) to $2,556,060 (2025), a CAGR of 26.4% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $29,534. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,443,161) is $1,112,899 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 124% of market value ($3,174,000 land vs $0 improvements), about $500/SF of land. With value concentrated in the land under a ~61-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 $2,556,060, this parcel sits in the upper-middle (50th–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 +10.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,627,347 by 2031, with an estimated annual tax burden around $49,239. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,250 SF | ✗ |
| 1ST | 1st Floor | 1,393 SF | ✓ |
| 611 | TERRACE | 353 SF | ✗ |
| 541 | FENCE COMM LF | 34 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $13,352.13 | $13,352.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,562.41 | $7,562.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,424.05 | $5,424.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,703.26 | $1,703.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,492.23 | $1,492.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,534.08 | $29,534.08 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $13,352.13 | 45.2% |
| CAT City of Austin | 0.5240% | $7,562.41 | 25.6% |
| TCO Travis County | 0.3758% | $5,424.05 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,703.26 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,492.23 | 5.1% |
| Total | 2.0465% | $29,534.08 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,623,012 | $2,556,060 | -36.5% |
| Assessed Value | $1,623,012 | $1,443,161 | +12.5% |
| Land Value | $1,587,000 | $3,174,000 | -50.0% |
| Improvement Value | $36,012 | — | — |
| Taxable Value | $1,623,012 | $1,443,161 | +12.5% |
| Total Tax 2026 = estimate |
~$33,215
Estimated
|
~$29,534
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,623,012 | $1,587,000 | $36,012 | — | $1,623,012 | $1,623,012 | Not yet — post-cert | Preliminary |
| 2025 | $2,556,060 | $3,174,000 | — | −$1,112,899 | $1,443,161 | $1,443,161 | ~$29,534 | Partial |
| 2024 | $2,556,060 | $3,174,000 | — | −$1,353,426 | $1,202,634 | $1,202,634 | $23,834 | Verified |
| 2023 | $1,002,195 | $3,174,000 | — | — | $1,002,195 | $1,002,195 | $18,132 | Verified |
| 2022 | $1,002,195 | $952,200 | $49,995 | — | $1,002,195 | $1,002,195 | $19,793 | Verified |
| 2021 | $1,002,596 | $952,200 | $50,396 | — | $1,002,596 | $1,002,596 | $21,823 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -36.5% | +12.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 56.5% | Not available | Partial |
| 2024 | +155.0% ! | +20.0% | 47.0% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -0.0% | -0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +154.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -36.5% | +23.7% | +10.1% | +155.0% | 2024 | -36.5% | 2026 |
| Assessment Ratio | 100.0% | 83.9% | — | 100.0% | 2021 | 47.1% | 2024 |
| Effective Tax Rate (2025) | 1.1600% | 1.1600% | — | 1.1600% | 2025 | 1.1600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,534 | $22,623 | ~$42,348 | $29,534 | 2025 | $18,132 | 2023 |
Market value changed by 155% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,787,149 | ~$1,785,313 | ~2.0139% | ~$35,955 | +10.1% |
| 2028 | ~$1,967,886 | ~$1,963,845 | ~1.9814% | ~$38,911 | +21.2% |
| 2029 | ~$2,166,902 | ~$2,160,229 | ~1.9488% | ~$42,099 | +33.5% |
| 2030 | ~$2,386,043 | ~$2,376,252 | ~1.9163% | ~$45,536 | +47.0% |
| 2031 | ~$2,627,347 | ~$2,613,877 | ~1.8837% | ~$49,239 | +61.9% |
| 2027 | ~$1,754,689 | ~$1,754,689 | ~2.0465% | ~$35,909 | +8.1% |
| 2028 | ~$1,897,050 | ~$1,897,050 | ~2.0465% | ~$38,823 | +16.9% |
| 2029 | ~$2,050,960 | ~$2,050,960 | ~2.0465% | ~$41,973 | +26.4% |
| 2030 | ~$2,217,357 | ~$2,217,357 | ~2.0465% | ~$45,378 | +36.6% |
| 2031 | ~$2,397,255 | ~$2,397,255 | ~2.0465% | ~$49,059 | +47.7% |
| 2027 | ~$1,819,610 | ~$1,785,313 | ~1.9977% | ~$35,665 | +12.1% |
| 2028 | ~$2,040,022 | ~$1,963,845 | ~1.9488% | ~$38,272 | +25.7% |
| 2029 | ~$2,287,132 | ~$2,160,229 | ~1.9000% | ~$41,045 | +40.9% |
| 2030 | ~$2,564,176 | ~$2,376,252 | ~1.8512% | ~$43,989 | +58.0% |
| 2031 | ~$2,874,778 | ~$2,613,877 | ~1.8024% | ~$47,112 | +77.1% |
In 2025, this property's market value of $2,556,060 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +85% above 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 | $2,556,060 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,556,060 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,002,195 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $1,002,195 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $1,002,596 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |