200 LEE BARTON DR 2 TX 78704
| Owner | 16 PIGGYBANK LTD |
|---|---|
| Parcel ID | 0105021403 |
| Short ID | 928598 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 2,544 SF |
| Land SF | 9,680 SF |
| Acres | 0.222 |
| Year Built | 1959 |
| Legal | UNT 2 PAGGI HOUSE LAND CONDOMINIUMS PLUS 19.24 % INT IN COM AREA |
| Neighborhood | 33CEN |
| Land | $1,936,006 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,936,006 |
| Improvement | $56,707 |
|---|---|
| Total Improvement | $56,707 |
| Market | $1,992,713 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,992,713 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,992,713 |
| Taxable Value | $1,992,713 |
|---|
Appreciation: Market value has risen +64.7% from $1,209,577 (2021) to $1,992,713 (2025), a CAGR of 13.3% 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 Commercial parcel countywide rose +24.1%, 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 $40,781. 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 97% of market value ($1,936,006 land vs $56,707 improvements), about $200/SF of land. With value concentrated in the land under a ~67-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 $1,992,713, 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 +13.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,719,279 by 2030, with an estimated annual tax burden around $60,455. 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 | 25,401 SF | ✗ |
| 1ST | 1st Floor | 2,544 SF | ✓ |
| 511 | DECK | 1,492 SF | ✗ |
| 611 | TERRACE | 1,203 SF | ✗ |
| 327 | STORAGE COMM'L | 654 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 114 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 521 | FIREPLACE | 2 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% | $18,436.58 | $18,436.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,442.15 | $10,442.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,489.51 | $7,489.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,351.86 | $2,351.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,060.47 | $2,060.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,780.57 | $40,780.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,996,211 | $1,992,713 | +0.2% |
| Assessed Value | $1,996,211 | $1,992,713 | +0.2% |
| Land Value | $1,936,006 | $1,936,006 | +0.0% |
| Improvement Value | $60,205 | $56,707 | +6.2% |
| Taxable Value | $1,996,211 | $1,992,713 | +0.2% |
| Total Tax 2026 = estimate |
~$40,852
Estimated
|
~$40,781
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,996,211 | $1,996,211 | +0 (+0.0%) |
| Taxable Value | $1,996,211 | $1,996,211 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,996,211 | $1,936,006 | $60,205 | — | $1,996,211 | $1,996,211 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,992,713 | $1,936,006 | $56,707 | — | $1,992,713 | $1,992,713 | ~$40,781 | Partial |
| 2024 | $2,069,088 | — | — | −$133,082 | $1,936,006 | $— | $39,637 | Verified |
| 2023 | $1,260,790 | — | — | — | $1,936,006 ! | $— | $37,435 | Verified |
| 2022 | $1,210,194 | — | — | −$48,590 | $1,161,604 | $— | $24,900 | Verified |
| 2021 | $1,209,577 | — | — | −$47,973 | $1,161,604 | $— | $26,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2024 | -3.3% | -3.3% | ~100% | 1.9800% | Verified |
| 2023 | +64.1% | +64.1% | ~100% | 1.8100% | Verified |
| 2022 | +4.2% | +4.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +13.0% | +13.3% | +64.1% | 2024 | -3.7% | 2025 |
| Assessment Ratio | 100.0% | 106.5% | — | 153.6% | 2023 | 93.6% | 2024 |
| 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 |
$40,781 | $33,819 | ~$51,994 | $40,781 | 2025 | $24,900 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,257,603 | ~$2,191,984 | ~2.0139% | ~$44,145 | +13.3% |
| 2027 | ~$2,557,705 | ~$2,411,183 | ~1.9814% | ~$47,775 | +28.4% |
| 2028 | ~$2,897,698 | ~$2,652,301 | ~1.9488% | ~$51,689 | +45.4% |
| 2029 | ~$3,282,887 | ~$2,917,531 | ~1.9163% | ~$55,908 | +64.7% |
| 2030 | ~$3,719,279 | ~$3,209,284 | ~1.8837% | ~$60,455 | +86.6% |
| 2026 | ~$2,217,749 | ~$2,191,984 | ~2.0465% | ~$44,859 | +11.3% |
| 2027 | ~$2,468,197 | ~$2,411,183 | ~2.0465% | ~$49,344 | +23.9% |
| 2028 | ~$2,746,929 | ~$2,652,301 | ~2.0465% | ~$54,279 | +37.8% |
| 2029 | ~$3,057,138 | ~$2,917,531 | ~2.0465% | ~$59,707 | +53.4% |
| 2030 | ~$3,402,379 | ~$3,209,284 | ~2.0465% | ~$65,678 | +70.7% |
| 2026 | ~$2,297,457 | ~$2,191,984 | ~1.9977% | ~$43,788 | +15.3% |
| 2027 | ~$2,648,806 | ~$2,411,183 | ~1.9488% | ~$46,990 | +32.9% |
| 2028 | ~$3,053,886 | ~$2,652,301 | ~1.9000% | ~$50,394 | +53.3% |
| 2029 | ~$3,520,914 | ~$2,917,531 | ~1.8512% | ~$54,009 | +76.7% |
| 2030 | ~$4,059,365 | ~$3,209,284 | ~1.8024% | ~$57,843 | +103.7% |
In 2025, this property's market value of $1,992,713 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +41% 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 | $1,992,713 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,069,088 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,260,790 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,210,194 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,209,577 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.