2402 GUADALUPE ST TX 78705
| Owner | VARSITY CORNER LLC |
|---|---|
| Parcel ID | 0214011208 |
| Short ID | 206691 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,885 SF |
| Land SF | 9,316 SF |
| Acres | 0.214 |
| Year Built | 1960 |
| Legal | LOT 1 *& S.67 FT OF LOT 2 OLT 49 DIVISION D |
| Neighborhood | 43CEN |
| Land | $2,096,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,096,100 |
| Improvement | $1,979,203 |
|---|---|
| Total Improvement | $1,979,203 |
| Market | $4,075,303 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,075,303 |
| Value Limitation Adjustment (−) (homestead cap) | −$568,902 |
| Net Appraised (assessed) | $3,506,401 |
| Taxable Value | $3,506,401 |
|---|
Appreciation: Market value has risen +81.2% from $2,249,143 (2021) to $4,075,303 (2025), a CAGR of 16.0% 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 $71,758. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,506,401) is $568,902 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 51% of market value ($2,096,100 land vs $1,979,203 improvements), about $225/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,075,303, 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 +12.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,967,253 by 2031, with an estimated annual tax burden around $120,095. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 7,943 SF | ✓ |
| 2ND | 2nd Floor | 3,942 SF | ✓ |
| 611 | TERRACE | 1,008 SF | ✗ |
| 501 | CANOPY | 966 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +1,628 |
| Travis County | 0.3444% | 0.3758% | +1,101 |
| Austin ISD | 0.9505% | 0.9252% | -887 |
| Travis Central Health | 0.1080% | 0.1180% | +353 |
| Austin Community College | 0.1013% | 0.1034% | +74 |
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% | $32,441.22 | $32,169.96 | $271.26 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,374.14 | $18,220.51 | $153.63 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,178.63 | $13,068.44 | $110.19 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,138.36 | $4,103.76 | $34.60 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,625.62 | $3,595.30 | $30.32 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,757.97 | $71,157.97 | $600.00 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $32,441.22 | 45.2% |
| CAT City of Austin | 0.5240% | $18,374.14 | 25.6% |
| TCO Travis County | 0.3758% | $13,178.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,138.36 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,625.62 | 5.1% |
| Total | 2.0465% | $71,757.97 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,958,579 | $4,075,303 | -2.9% |
| Assessed Value | $3,958,579 | $3,506,401 | +12.9% |
| Land Value | $2,096,100 | $2,096,100 | +0.0% |
| Improvement Value | $1,862,479 | $1,979,203 | -5.9% |
| Taxable Value | $3,958,579 | $3,506,401 | +12.9% |
| Total Tax 2026 = estimate |
~$81,012
Estimated
|
$71,758 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,958,579 | $2,096,100 | $1,862,479 | — | $3,958,579 | $3,958,579 | Not yet — post-cert | Preliminary |
| 2025 | $4,075,303 | $2,096,100 | $1,979,203 | −$568,902 | $3,506,401 | $3,506,401 | $71,758 | Verified |
| 2024 | $4,000,000 | $2,096,100 | $1,903,900 | −$1,077,999 | $2,922,001 | $2,922,001 | $57,909 | Verified |
| 2023 | $2,435,001 | $2,096,100 | $338,901 | — | $2,435,001 | $2,435,001 | $44,055 | Verified |
| 2022 | $2,328,326 | $1,397,400 | $930,926 | — | $2,328,326 | $2,328,326 | $45,983 | Verified |
| 2021 | $2,249,143 | $1,397,400 | $851,743 | — | $2,249,143 | $2,249,143 | $48,957 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.9% | +12.9% | ~100% | Not available | Partial |
| 2025 | +1.9% | +20.0% | 86.0% | 1.7600% | Verified |
| 2024 | +64.3% | +20.0% | 73.0% | No billing data | Verified |
| 2023 | +4.6% | +4.6% | ~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): +81.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.9% | +14.3% | +12.0% | +64.3% | 2024 | -2.9% | 2026 |
| Assessment Ratio | 100.0% | 93.2% | — | 100.0% | 2021 | 73.1% | 2024 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
| Tax Amount | $71,758 | $53,732 | ~$103,289 | $71,758 | 2025 | $44,055 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,432,449 | ~$4,354,437 | ~2.0139% | ~$87,696 | +12.0% |
| 2028 | ~$4,963,045 | ~$4,789,881 | ~1.9814% | ~$94,906 | +25.4% |
| 2029 | ~$5,557,157 | ~$5,268,869 | ~1.9488% | ~$102,682 | +40.4% |
| 2030 | ~$6,222,388 | ~$5,795,756 | ~1.9163% | ~$111,064 | +57.2% |
| 2031 | ~$6,967,253 | ~$6,375,331 | ~1.8837% | ~$120,095 | +76.0% |
| 2027 | ~$4,353,278 | ~$4,353,278 | ~2.0465% | ~$89,089 | +10.0% |
| 2028 | ~$4,787,330 | ~$4,787,330 | ~2.0465% | ~$97,972 | +20.9% |
| 2029 | ~$5,264,662 | ~$5,264,662 | ~2.0465% | ~$107,741 | +33.0% |
| 2030 | ~$5,789,586 | ~$5,789,586 | ~2.0465% | ~$118,483 | +46.3% |
| 2031 | ~$6,366,849 | ~$6,366,849 | ~2.0465% | ~$130,297 | +60.8% |
| 2027 | ~$4,511,621 | ~$4,354,437 | ~1.9977% | ~$86,987 | +14.0% |
| 2028 | ~$5,141,926 | ~$4,789,881 | ~1.9488% | ~$93,347 | +29.9% |
| 2029 | ~$5,860,290 | ~$5,268,869 | ~1.9000% | ~$100,109 | +48.0% |
| 2030 | ~$6,679,015 | ~$5,795,756 | ~1.8512% | ~$107,291 | +68.7% |
| 2031 | ~$7,612,121 | ~$6,375,331 | ~1.8024% | ~$114,907 | +92.3% |
In 2025, this property's market value of $4,075,303 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +195% 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 | $4,075,303 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $2,435,001 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,328,326 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,249,143 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 | Verified |
| 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 | — |