1311 CHESTNUT AVE B TX 78702
| Owner | BJS ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0210110306 |
| Short ID | 200230 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,570 SF |
| Land SF | 6,200 SF |
| Acres | 0.142 |
| Year Built | 1959 |
| Legal | LOT 12 BLK 20 OLT 32&33 DIV B GLENWOOD ADDN |
| Neighborhood | 32CEN |
| Land | $310,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $310,000 |
| Improvement | $67,475 |
|---|---|
| Total Improvement | $67,475 |
| Market | $377,475 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $377,475 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $377,475 |
| Taxable Value | $377,475 |
|---|
Appreciation: Market value has risen +4.6% from $360,993 (2021) to $377,475 (2025), a CAGR of 1.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $7,725. Austin ISD is the largest single contributor, at 45.2% 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 82% of market value ($310,000 land vs $67,475 improvements), about $50/SF of land. With value concentrated in the land under a ~67-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 $377,475, 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 +2.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $454,423 by 2031, with an estimated annual tax burden around $8,560. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,500 SF | ✗ |
| 1ST | 1st Floor | 1,570 SF | ✓ |
| 501 | CANOPY | 201 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% | $3,492.40 | $3,492.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,978.03 | $1,978.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,418.72 | $1,418.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $445.51 | $445.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $390.31 | $390.31 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,724.97 | $7,724.97 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,492.40 | 45.2% |
| CAT City of Austin | 0.5240% | $1,978.03 | 25.6% |
| TCO Travis County | 0.3758% | $1,418.72 | 18.4% |
| THD Travis Central Health | 0.1180% | $445.51 | 5.8% |
| ACT Austin Community College | 0.1034% | $390.31 | 5.1% |
| Total | 2.0465% | $7,724.97 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $405,023 | $377,475 | +7.3% |
| Assessed Value | $405,023 | $377,475 | +7.3% |
| Land Value | $310,000 | $310,000 | +0.0% |
| Improvement Value | $95,023 | $67,475 | +40.8% |
| Taxable Value | $405,023 | $377,475 | +7.3% |
| Total Tax 2026 = estimate |
~$8,289
Estimated
|
~$7,725
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $405,023 | $310,000 | $95,023 | — | $405,023 | $405,023 | Not yet — post-cert | Preliminary |
| 2025 | $377,475 | $310,000 | $67,475 | — | $377,475 | $377,475 | ~$7,725 | Partial |
| 2024 | $398,671 | $310,000 | $88,671 | — | $398,671 | $398,671 | $7,901 | Verified |
| 2023 | $376,696 | $310,000 | $66,696 | — | $376,696 | $376,696 | $6,815 | Verified |
| 2022 | $373,769 | $310,000 | $63,769 | — | $373,769 | $373,769 | $7,382 | Verified |
| 2021 | $360,993 | $310,000 | $50,993 | — | $360,993 | $360,993 | $7,858 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.3% | +7.3% | ~100% | Not available | Partial |
| 2025 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2024 | +5.8% | +5.8% | ~100% | No billing data | Verified |
| 2023 | +0.8% | +0.8% | ~100% | No billing data | Verified |
| 2022 | +3.5% | +3.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.3% | +2.4% | +2.3% | +7.3% | 2026 | -5.3% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,725 | $7,536 | ~$8,456 | $7,901 | 2024 | $6,815 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$414,454 | ~$414,454 | ~2.0139% | ~$8,347 | +2.3% |
| 2028 | ~$424,104 | ~$424,104 | ~1.9814% | ~$8,403 | +4.7% |
| 2029 | ~$433,979 | ~$433,979 | ~1.9488% | ~$8,458 | +7.1% |
| 2030 | ~$444,083 | ~$444,083 | ~1.9163% | ~$8,510 | +9.6% |
| 2031 | ~$454,423 | ~$454,423 | ~1.8837% | ~$8,560 | +12.2% |
| 2027 | ~$406,353 | ~$406,353 | ~2.0465% | ~$8,316 | +0.3% |
| 2028 | ~$407,688 | ~$407,688 | ~2.0465% | ~$8,343 | +0.7% |
| 2029 | ~$409,026 | ~$409,026 | ~2.0465% | ~$8,371 | +1.0% |
| 2030 | ~$410,370 | ~$410,370 | ~2.0465% | ~$8,398 | +1.3% |
| 2031 | ~$411,717 | ~$411,717 | ~2.0465% | ~$8,426 | +1.7% |
| 2027 | ~$422,554 | ~$422,554 | ~1.9977% | ~$8,441 | +4.3% |
| 2028 | ~$440,844 | ~$440,844 | ~1.9488% | ~$8,591 | +8.8% |
| 2029 | ~$459,925 | ~$459,925 | ~1.9000% | ~$8,739 | +13.6% |
| 2030 | ~$479,833 | ~$479,833 | ~1.8512% | ~$8,883 | +18.5% |
| 2031 | ~$500,602 | ~$500,602 | ~1.8024% | ~$9,023 | +23.6% |
In 2025, this property's market value of $377,475 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -73% 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 | $377,475 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $398,671 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $376,696 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $373,769 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $360,993 | $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 | — |