200 W MARY ST TX 78704
| Owner | HERB BAR SOCO LLC |
|---|---|
| Parcel ID | 0402010306 |
| Short ID | 303497 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,969 SF |
| Land SF | 6,904 SF |
| Acres | 0.158 |
| Year Built | 1935 |
| Legal | LOT 6 BLK 29 SWISHER ADDN |
| Neighborhood | 20CEN |
| Land | $966,620 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $966,620 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $710,301 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $710,301 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $710,301 |
| Taxable Value | $710,301 |
|---|
Appreciation: Market value has risen +27.6% from $556,591 (2021) to $710,301 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $14,536. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($39,486, ~5.6% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
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 136% of market value ($966,620 land vs $0 improvements), about $140/SF of land. With value concentrated in the land under a ~91-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 $710,301, this parcel sits in the lower-middle (25th–50th 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $963,441 by 2030, with an estimated annual tax burden around $18,149. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,969 SF | ✓ |
| 631C | PORCH CLOS UNFIN COMM | 96 SF | ✓ |
| 251 | BATHROOM | 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% | $6,571.70 | $6,571.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,722.10 | $3,722.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,669.63 | $2,669.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $838.32 | $838.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $734.45 | $734.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,536.20 | $14,536.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,571.70 | 45.2% |
| CAT City of Austin | 0.5240% | $3,722.10 | 25.6% |
| TCO Travis County | 0.3758% | $2,669.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $838.32 | 5.8% |
| ACT Austin Community College | 0.1034% | $734.45 | 5.1% |
| Total | 2.0465% | $14,536.20 | 100.0% |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $710,301 | — |
| Assessed Value | — | $710,301 | — |
| Land Value | — | $966,620 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $710,301 | — |
| HS Cap Loss | — | -$39,486 (2024) | |
| Total Tax | Pending certification |
~$14,536
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $710,301 | $966,620 | — | — | $710,301 | $710,301 | ~$14,536 | Partial |
| 2024 | $1,006,106 | $966,620 | $39,486 | — | $1,006,106 | $1,006,106 | $19,939 | Verified |
| 2023 | $1,006,678 | $966,620 | $40,058 | — | $1,006,678 | $1,006,678 | $18,213 | Verified |
| 2022 | $492,055 | $448,788 | $43,267 | — | $492,055 | $492,055 | $9,718 | Verified |
| 2021 | $556,591 | $448,788 | $107,803 | — | $556,591 | $556,591 | $12,115 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -29.4% | -29.4% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | No billing data | Verified |
| 2023 | +104.6% ! | +104.6% | ~100% | No billing data | Verified |
| 2022 | -11.6% | -11.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.4% | +15.9% | +6.3% | +104.6% | 2023 | -29.4% | 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 |
$14,536 | $14,904 | ~$16,649 | $19,939 | 2024 | $9,718 | 2022 |
Market value changed by 105% 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 |
|---|---|---|---|---|---|
| 2026 | ~$754,951 | ~$754,951 | ~2.0139% | ~$15,204 | +6.3% |
| 2027 | ~$802,409 | ~$802,409 | ~1.9814% | ~$15,899 | +13.0% |
| 2028 | ~$852,849 | ~$852,849 | ~1.9488% | ~$16,621 | +20.1% |
| 2029 | ~$906,460 | ~$906,460 | ~1.9163% | ~$17,370 | +27.6% |
| 2030 | ~$963,441 | ~$963,441 | ~1.8837% | ~$18,149 | +35.6% |
| 2026 | ~$740,745 | ~$740,745 | ~2.0465% | ~$15,159 | +4.3% |
| 2027 | ~$772,495 | ~$772,495 | ~2.0465% | ~$15,809 | +8.8% |
| 2028 | ~$805,605 | ~$805,605 | ~2.0465% | ~$16,487 | +13.4% |
| 2029 | ~$840,134 | ~$840,134 | ~2.0465% | ~$17,193 | +18.3% |
| 2030 | ~$876,143 | ~$876,143 | ~2.0465% | ~$17,930 | +23.3% |
| 2026 | ~$769,157 | ~$769,157 | ~1.9977% | ~$15,365 | +8.3% |
| 2027 | ~$832,891 | ~$832,891 | ~1.9488% | ~$16,232 | +17.3% |
| 2028 | ~$901,905 | ~$901,905 | ~1.9000% | ~$17,136 | +27.0% |
| 2029 | ~$976,638 | ~$976,638 | ~1.8512% | ~$18,079 | +37.5% |
| 2030 | ~$1,057,563 | ~$1,057,563 | ~1.8024% | ~$19,061 | +48.9% |
In 2025, this property's market value of $710,301 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -49% 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 | $710,301 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,006,106 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,006,678 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $492,055 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $556,591 | $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 |
| 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 | — |