1720 SIMOND AVE TX 78722
| Owner | CATELLUS AUSTIN LLC |
|---|---|
| Parcel ID | 0219130403 |
| Short ID | 923226 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 44,736 SF |
| Acres | 1.027 |
| Year Built | — |
| Legal | LOT 2 MUELLER SEC 2C-4 SUBD |
| Neighborhood | 1EA2 |
| Land | $2,013,125 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,013,125 |
| Improvement | $1,342,275 |
|---|---|
| Total Improvement | $1,342,275 |
| Market | $3,355,400 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,355,400 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,352,501 |
| Net Appraised (assessed) | $2,899 |
| Taxable Value | $2,899 |
|---|
Appreciation: Market value has risen +114.3% from $1,565,760 (2021) to $3,355,400 (2025), a CAGR of 21.0% 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant 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 $59. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,899) is $3,352,501 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. 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 60% of market value ($2,013,125 land vs $1,342,275 improvements), about $45/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,355,400, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +16.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,190,571 by 2031, with an estimated annual tax burden around $106. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 240,402 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% | $26.82 | $26.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15.19 | $15.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10.90 | $10.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3.42 | $3.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3.00 | $3.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59.33 | $59.33 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $26.82 | 45.2% |
| CAT City of Austin | 0.5240% | $15.19 | 25.6% |
| TCO Travis County | 0.3758% | $10.90 | 18.4% |
| THD Travis Central Health | 0.1180% | $3.42 | 5.8% |
| ACT Austin Community College | 0.1034% | $3.00 | 5.1% |
| Total | 2.0465% | $59.33 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,355,400 | $3,355,400 | +0.0% |
| Assessed Value | $3,479 | $2,899 | +20.0% |
| Land Value | $2,013,125 | $2,013,125 | +0.0% |
| Improvement Value | $1,342,275 | $1,342,275 | +0.0% |
| Taxable Value | $3,479 | $2,899 | +20.0% |
| HS Cap Loss | -$3,351,921 | — | |
| Total Tax 2026 = estimate |
~$71
Estimated
|
~$59
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,355,400 | $2,013,125 | $1,342,275 | −$3,351,921 | $3,479 | $3,479 | Not yet — post-cert | Preliminary |
| 2025 | $3,355,400 | $2,013,125 | $1,342,275 | −$3,352,501 | $2,899 | $2,899 | ~$59 | Partial |
| 2024 | $3,355,400 | $2,013,125 | $1,342,275 | −$3,352,984 | $2,416 | $2,416 | $48 | Verified |
| 2023 | $2,013 | $2,013,125 | — | — | $2,013 | $2,013 | $36 | Verified |
| 2022 | $2,013,125 | $2,013,125 | — | — | $2,013,125 | $2,013,125 | $39,758 | Verified |
| 2021 | $1,565,760 | $1,565,760 | — | — | $1,565,760 | $1,565,760 | $34,082 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 0.1% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 0.1% | Not available | Partial |
| 2024 | +166586.5% ! | +20.0% | 0.1% | No billing data | Verified |
| 2023 | -99.9% ! | -99.9% | ~100% | No billing data | Verified |
| 2022 | +28.6% | +28.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +114.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +33303.0% | +16.5% | +166586.5% | 2024 | -99.9% | 2023 |
| Assessment Ratio | 0.1% | 50.1% | — | 100.0% | 2021 | 0.1% | 2024 |
| Effective Tax Rate (2025) | 0.0000% | 0.0000% | — | 0.0000% | 2025 | 0.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59 | $14,797 | ~$91 | $39,758 | 2022 | $36 | 2023 |
Market value changed by 100% 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 | ~$3,907,942 | ~$3,827 | ~2.0139% | ~$77 | +16.5% |
| 2028 | ~$4,551,473 | ~$4,210 | ~1.9814% | ~$83 | +35.6% |
| 2029 | ~$5,300,975 | ~$4,631 | ~1.9488% | ~$90 | +58.0% |
| 2030 | ~$6,173,900 | ~$5,094 | ~1.9163% | ~$98 | +84.0% |
| 2031 | ~$7,190,571 | ~$5,603 | ~1.8837% | ~$106 | +114.3% |
| 2027 | ~$3,840,834 | ~$3,827 | ~2.0465% | ~$78 | +14.5% |
| 2028 | ~$4,396,497 | ~$4,210 | ~2.0465% | ~$86 | +31.0% |
| 2029 | ~$5,032,549 | ~$4,631 | ~2.0465% | ~$95 | +50.0% |
| 2030 | ~$5,760,621 | ~$5,094 | ~2.0465% | ~$104 | +71.7% |
| 2031 | ~$6,594,024 | ~$5,603 | ~2.0465% | ~$115 | +96.5% |
| 2027 | ~$3,975,050 | ~$3,827 | ~1.9977% | ~$76 | +18.5% |
| 2028 | ~$4,709,133 | ~$4,210 | ~1.9488% | ~$82 | +40.3% |
| 2029 | ~$5,578,780 | ~$4,631 | ~1.9000% | ~$88 | +66.3% |
| 2030 | ~$6,609,027 | ~$5,094 | ~1.8512% | ~$94 | +97.0% |
| 2031 | ~$7,829,533 | ~$5,603 | ~1.8024% | ~$101 | +133.3% |
In 2025, this property's market value of $3,355,400 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 40× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $3,355,400 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $3,355,400 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $2,013 | $24,692 | $71,500 | $270,000 | ↓ Bottom 25% | +0.0% |
| 2022 | $2,013,125 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $1,565,760 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |