222 WEST AVE TX 78701
| Owner | COLUMBIA TEXAS SEAHOLM OFFICE PROPERTIES LLC |
|---|---|
| Parcel ID | 0105001206 |
| Short ID | 856477 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 5,236 SF |
| Land SF | 1,259 SF |
| Acres | 0.029 |
| Year Built | 2015 |
| Legal | UNT OFFICE MASTER UNIT SEAHOLM H/R MIXED USE CONDOMINIUM PLUS 1.57 % INT IN COM AREA |
| Neighborhood | 24CBD09 |
| Land | $346,107 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $346,107 |
| Improvement | $1,766,840 |
|---|---|
| Total Improvement | $1,766,840 |
| Market | $2,112,947 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,112,947 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,112,947 |
| Taxable Value | $2,112,947 |
|---|
Appreciation: Market value has fallen -27.1% from $2,900,000 (2021) to $2,112,947 (2025), a CAGR of -7.6% 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 +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 $43,241. 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 16% of market value ($346,107 land vs $1,766,840 improvements), about $275/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,112,947, this parcel sits in the upper-middle (50th–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 -7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,422,335 by 2030, with an estimated annual tax burden around $26,793. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,236 SF | ✓ |
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% | $19,548.99 | $19,548.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,072.20 | $11,072.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,941.41 | $7,941.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,493.76 | $2,493.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,184.79 | $2,184.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,241.15 | $43,241.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,402,682 | $2,112,947 | +13.7% |
| Assessed Value | $2,402,682 | $2,112,947 | +13.7% |
| Land Value | $755,142 | $346,107 | +118.2% |
| Improvement Value | $1,647,540 | $1,766,840 | -6.8% |
| Taxable Value | $2,402,682 | $2,112,947 | +13.7% |
| Total Tax 2026 = estimate |
~$49,171
Estimated
|
~$43,241
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,588,494 | $2,402,682 | -1,185,812 (-33.0%) |
| Taxable Value | $2,535,536 | $2,402,682 | -132,854 (-5.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,402,682 | $755,142 | $1,647,540 | — | $2,402,682 | $2,402,682 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,112,947 | $346,107 | $1,766,840 | — | $2,112,947 | $2,112,947 | ~$43,241 | Partial |
| 2024 | $2,941,720 | — | — | −$2,595,613 | $346,107 | $— | $48,664 | Verified |
| 2023 | $2,941,720 | — | — | −$2,595,613 | $346,107 | $— | $53,223 | Verified |
| 2022 | $2,863,300 | — | — | −$2,517,193 | $346,107 | $— | $58,097 | Verified |
| 2021 | $2,900,000 | — | — | −$2,553,893 | $346,107 | $— | $62,325 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +69.8% | +20.0% | 70.7% | Not available | Partial |
| 2025 | -14.0% | -14.0% | ~100% | Not available | Partial |
| 2024 | -16.5% | -16.5% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.7% | +2.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.7% | -2.6% | -9.8% | +13.7% | 2026 | -28.2% | 2025 |
| Assessment Ratio | 100.0% | 41.3% | — | 100.0% | 2025 | 11.8% | 2023 |
| 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 |
$43,241 | $53,110 | ~$32,764 | $62,325 | 2021 | $43,241 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,952,141 | ~$1,952,141 | ~2.0139% | ~$39,315 | -7.6% |
| 2027 | ~$1,803,574 | ~$1,803,574 | ~1.9814% | ~$35,736 | -14.6% |
| 2028 | ~$1,666,313 | ~$1,666,313 | ~1.9488% | ~$32,474 | -21.1% |
| 2029 | ~$1,539,498 | ~$1,539,498 | ~1.9163% | ~$29,501 | -27.1% |
| 2030 | ~$1,422,335 | ~$1,422,335 | ~1.8837% | ~$26,793 | -32.7% |
| 2026 | ~$2,007,300 | ~$2,007,300 | ~2.0465% | ~$41,079 | -5.0% |
| 2027 | ~$1,906,935 | ~$1,906,935 | ~2.0465% | ~$39,025 | -9.7% |
| 2028 | ~$1,811,588 | ~$1,811,588 | ~2.0465% | ~$37,074 | -14.3% |
| 2029 | ~$1,721,009 | ~$1,721,009 | ~2.0465% | ~$35,220 | -18.5% |
| 2030 | ~$1,634,958 | ~$1,634,958 | ~2.0465% | ~$33,459 | -22.6% |
| 2026 | ~$1,994,400 | ~$1,994,400 | ~1.9977% | ~$39,841 | -5.6% |
| 2027 | ~$1,882,505 | ~$1,882,505 | ~1.9488% | ~$36,687 | -10.9% |
| 2028 | ~$1,776,887 | ~$1,776,887 | ~1.9000% | ~$33,761 | -15.9% |
| 2029 | ~$1,677,195 | ~$1,677,195 | ~1.8512% | ~$31,048 | -20.6% |
| 2030 | ~$1,583,096 | ~$1,583,096 | ~1.8024% | ~$28,533 | -25.1% |
In 2025, this property's market value of $2,112,947 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +49% above 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 | $2,112,947 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,941,720 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,941,720 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,863,300 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,900,000 | $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.