222 WEST AVE TX
| Owner | COLUMBIA TEXAS SEAHOLM OFFICE PROPERTIES LLC |
|---|---|
| Parcel ID | 0105001205 |
| Short ID | 832421 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 33,293 SF |
| Land SF | 10,089 SF |
| Acres | 0.232 |
| Year Built | 2014 |
| Legal | SECOND FLOOR IMPS ONLY UNT L/R MASTER UNIT SEAHOLM POWER MASTER CONDOMINIUM |
| Neighborhood | 52CBD |
| Land | $3,408,274 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,408,274 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $32,657,292 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,657,292 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,657,292 |
| Taxable Value | $32,657,292 |
|---|
Appreciation: Market value has fallen -10.7% from $36,570,355 (2021) to $32,657,292 (2025), a CAGR of -2.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 +24.1%, 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 $668,327. 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 10% of market value ($3,408,274 land vs $0 improvements), about $338/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $32,657,292, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 -2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,349,403 by 2030, with an estimated annual tax burden around $534,030. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 33,293 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 832421 | COLUMBIA TEXAS SEAHOLM OFFICE PROPERTIES LLC | 222 WEST AVE 78701 | $3,732,560 | $3,732,560 | $3,732,560 |
| 842729 | COLUMBIA TEXAS SEAHOLM OFFICE PROPERTIES LLC | 222 WEST AVE 78701 | $15,402,193 | $15,402,193 | $15,402,193 |
| 888161 | COLUMBIA TEXAS SEAHOLM OFFICE PROPERTIES LLC | 222 WEST AVE | $13,571,930 | $13,571,930 | $13,571,930 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $302,145.26 | $302,145.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $171,129.76 | $171,129.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $122,740.80 | $122,740.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,543.12 | $38,543.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,767.64 | $33,767.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $668,326.58 | $668,326.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,706,683 | $32,657,292 | +0.2% |
| Assessed Value | $32,706,683 | $32,657,292 | +0.2% |
| Land Value | $6,053,100 | $3,408,274 | +77.6% |
| Improvement Value | — | — | — |
| Taxable Value | $32,706,683 | $32,657,292 | +0.2% |
| Total Tax 2026 = estimate |
~$669,337
Estimated
|
~$668,327
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $35,027,223 | $32,706,683 | -2,320,540 (-6.6%) |
| Taxable Value | $33,064,052 | $32,706,683 | -357,369 (-1.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $32,706,683 | $6,053,100 | — | — | $32,706,683 | $32,706,683 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $32,657,292 | $3,408,274 | — | — | $32,657,292 | $32,657,292 | ~$668,327 | Partial |
| 2024 | $33,579,652 | — | — | −$30,171,378 | $3,408,274 | $— | $671,932 | Verified |
| 2023 | $32,600,000 | — | — | −$29,191,726 | $3,408,274 | $— | $669,876 | Verified |
| 2022 | $32,400,000 | — | — | −$30,079,645 | $2,320,355 | $— | $692,349 | Verified |
| 2021 | $36,570,355 | — | — | −$34,250,000 | $2,320,355 | $— | $757,334 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2025 | -13.6% | -13.6% | ~100% | Not available | Partial |
| 2024 | -16.8% | -16.8% | ~100% | 1.9100% | Verified |
| 2023 | -4.4% | -4.4% | ~100% | 1.7800% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -29.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | -2.1% | -2.8% | +3.0% | 2024 | -11.4% | 2022 |
| Assessment Ratio | 100.0% | 39.0% | — | 100.0% | 2025 | 6.3% | 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 |
$668,327 | $691,964 | ~$585,669 | $757,334 | 2021 | $668,327 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,746,286 | ~$31,746,286 | ~2.0139% | ~$639,350 | -2.8% |
| 2027 | ~$30,860,692 | ~$30,860,692 | ~1.9814% | ~$611,470 | -5.5% |
| 2028 | ~$29,999,804 | ~$29,999,804 | ~1.9488% | ~$584,648 | -8.1% |
| 2029 | ~$29,162,930 | ~$29,162,930 | ~1.9163% | ~$558,847 | -10.7% |
| 2030 | ~$28,349,403 | ~$28,349,403 | ~1.8837% | ~$534,030 | -13.2% |
| 2026 | ~$31,093,140 | ~$31,093,140 | ~2.0465% | ~$636,316 | -4.8% |
| 2027 | ~$29,603,904 | ~$29,603,904 | ~2.0465% | ~$605,839 | -9.3% |
| 2028 | ~$28,185,997 | ~$28,185,997 | ~2.0465% | ~$576,822 | -13.7% |
| 2029 | ~$26,836,001 | ~$26,836,001 | ~2.0465% | ~$549,195 | -17.8% |
| 2030 | ~$25,550,665 | ~$25,550,665 | ~2.0465% | ~$522,891 | -21.8% |
| 2026 | ~$32,399,431 | ~$32,399,431 | ~1.9977% | ~$647,231 | -0.8% |
| 2027 | ~$32,143,607 | ~$32,143,607 | ~1.9488% | ~$626,427 | -1.6% |
| 2028 | ~$31,889,802 | ~$31,889,802 | ~1.9000% | ~$605,912 | -2.4% |
| 2029 | ~$31,638,002 | ~$31,638,002 | ~1.8512% | ~$585,681 | -3.1% |
| 2030 | ~$31,388,189 | ~$31,388,189 | ~1.8024% | ~$565,732 | -3.9% |
In 2025, this property's market value of $32,657,292 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 23× the county median of $1,417,484. 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 | $32,657,292 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $33,579,652 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $32,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $32,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $36,570,355 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.