1600 W 38 ST TX 78731
| Owner | HR ACQUISITION OF SAN ANTONIO LTD |
|---|---|
| Parcel ID | 0221010236 |
| Short ID | 217540 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 78,849 SF |
| Land SF | 156,511 SF |
| Acres | 3.593 |
| Year Built | 1972 |
| Legal | LOT 13-16 & PART OF LOT 10 JEFFERSON STREET ADDN & ABS 697 SUR 7 SPEAR G W 0.28 AC (TOTAL 3.593 AC) |
| Neighborhood | 55CEN |
| Land | $7,825,554 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,825,554 |
| Improvement | $16,574,446 |
|---|---|
| Total Improvement | $16,574,446 |
| Market | $24,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,400,000 |
| Taxable Value | $24,400,000 |
|---|
Appreciation: Market value has fallen -9.1% from $26,853,400 (2021) to $24,400,000 (2025), a CAGR of -2.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $499,342. 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 32% of market value ($7,825,554 land vs $16,574,446 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,400,000, 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 -0.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $24,620,953 by 2031, with an estimated annual tax burden around $463,795. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 119,000 SF | ✗ |
| SO | Sketch Only | 36,300 SF | ✗ |
| 487 | PARKING UNDER | 29,515 SF | ✓ |
| 1ST | 1st Floor | 26,283 SF | ✓ |
| 2ND | 2nd Floor | 26,283 SF | ✓ |
| 3RD | 3rd Floor | 26,283 SF | ✓ |
| 4TH | 4th Floor | 26,283 SF | ✓ |
| 333 | MECHANICAL RM FV | 1 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% | $225,748.80 | $225,748.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $127,860.15 | $127,860.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $91,706.18 | $91,706.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,797.61 | $28,797.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,229.60 | $25,229.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $499,342.34 | $499,342.34 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $225,748.80 | 45.2% |
| CAT City of Austin | 0.5240% | $127,860.15 | 25.6% |
| TCO Travis County | 0.3758% | $91,706.18 | 18.4% |
| THD Travis Central Health | 0.1180% | $28,797.61 | 5.8% |
| ACT Austin Community College | 0.1034% | $25,229.60 | 5.1% |
| Total | 2.0465% | $499,342.34 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,712,960 | $24,400,000 | +5.4% |
| Assessed Value | $25,712,960 | $24,400,000 | +5.4% |
| Land Value | $7,825,554 | $7,825,554 | +0.0% |
| Improvement Value | $17,887,406 | $16,574,446 | +7.9% |
| Taxable Value | $25,712,960 | $24,400,000 | +5.4% |
| Total Tax 2026 = estimate |
~$526,212
Estimated
|
~$499,342
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $25,712,960 | $7,825,554 | $17,887,406 | — | $25,712,960 | $25,712,960 | Not yet — post-cert | Preliminary |
| 2025 | $24,400,000 | $7,825,554 | $16,574,446 | — | $24,400,000 | $24,400,000 | ~$499,342 | Partial |
| 2024 | $27,112,531 | $7,825,554 | $19,286,977 | — | $27,112,531 | $27,112,531 | $537,320 | Verified |
| 2023 | $26,788,586 | $7,825,554 | $18,963,032 | — | $26,788,586 | $26,788,586 | $484,672 | Verified |
| 2022 | $28,985,225 | $7,825,554 | $21,159,671 | — | $28,985,225 | $28,985,225 | $531,436 | Verified |
| 2021 | $26,853,400 | $7,825,554 | $19,027,846 | — | $26,853,400 | $26,853,400 | $584,512 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2025 | -10.0% | -10.0% | ~100% | Not available | Partial |
| 2024 | +1.2% | +1.2% | ~100% | No billing data | Verified |
| 2023 | -7.6% | -7.6% | ~100% | No billing data | Verified |
| 2022 | +7.9% | +7.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.4% | -0.6% | -0.9% | +7.9% | 2022 | -10.0% | 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 |
$499,342 | $527,456 | ~$488,403 | $584,512 | 2021 | $484,672 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$25,490,751 | ~$25,490,751 | ~2.0139% | ~$513,368 | -0.9% |
| 2028 | ~$25,270,463 | ~$25,270,463 | ~1.9814% | ~$500,706 | -1.7% |
| 2029 | ~$25,052,078 | ~$25,052,078 | ~1.9488% | ~$488,225 | -2.6% |
| 2030 | ~$24,835,580 | ~$24,835,580 | ~1.9163% | ~$475,922 | -3.4% |
| 2031 | ~$24,620,953 | ~$24,620,953 | ~1.8837% | ~$463,795 | -4.2% |
| 2027 | ~$24,976,492 | ~$24,976,492 | ~2.0465% | ~$511,140 | -2.9% |
| 2028 | ~$24,261,118 | ~$24,261,118 | ~2.0465% | ~$496,500 | -5.6% |
| 2029 | ~$23,566,233 | ~$23,566,233 | ~2.0465% | ~$482,279 | -8.3% |
| 2030 | ~$22,891,251 | ~$22,891,251 | ~2.0465% | ~$468,466 | -11.0% |
| 2031 | ~$22,235,602 | ~$22,235,602 | ~2.0465% | ~$455,048 | -13.5% |
| 2027 | ~$26,005,010 | ~$26,005,010 | ~1.9977% | ~$519,492 | +1.1% |
| 2028 | ~$26,300,378 | ~$26,300,378 | ~1.9488% | ~$512,552 | +2.3% |
| 2029 | ~$26,599,100 | ~$26,599,100 | ~1.9000% | ~$505,387 | +3.4% |
| 2030 | ~$26,901,215 | ~$26,901,215 | ~1.8512% | ~$497,994 | +4.6% |
| 2031 | ~$27,206,762 | ~$27,206,762 | ~1.8024% | ~$490,367 | +5.8% |
In 2025, this property's market value of $24,400,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 18× 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 | $24,400,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $27,112,531 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $26,788,586 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $28,985,225 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $26,853,400 | $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 | — |