3724 JEFFERSON ST B TX 78731
| Owner | ASC/BEARCREEK PROPERTIES LTD |
|---|---|
| Parcel ID | 0122000826 |
| Short ID | 121475 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 42,469 SF |
| Land SF | 63,728 SF |
| Acres | 1.463 |
| Year Built | 1974 |
| Legal | ABS 697 SUR 7 SPEAR G W ACR 1.4630 |
| Neighborhood | 51CEN |
| Land | $3,186,414 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,186,414 |
| Improvement | $2,202,816 |
|---|---|
| Total Improvement | $2,202,816 |
| Market | $5,389,230 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,389,230 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,389,230 |
| Taxable Value | $5,389,230 |
|---|
Appreciation: Market value has fallen -24.3% from $7,118,000 (2021) to $5,389,230 (2025), a CAGR of -6.7% 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 $110,290. 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 59% of market value ($3,186,414 land vs $2,202,816 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $5,389,230, 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 -6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,806,165 by 2030, with an estimated annual tax burden around $71,698. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 27,900 SF | ✗ |
| 1ST | 1st Floor | 14,156 SF | ✓ |
| 2ND | 2nd Floor | 14,156 SF | ✓ |
| 3RD | 3rd Floor | 14,156 SF | ✓ |
| 501 | CANOPY | 128 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% | $49,861.16 | $49,861.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,240.48 | $28,240.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,255.15 | $20,255.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,360.53 | $6,360.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,572.46 | $5,572.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $110,289.78 | $110,289.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,300,000 | $5,389,230 | -1.7% |
| Assessed Value | $5,300,000 | $5,389,230 | -1.7% |
| Land Value | $3,186,414 | $3,186,414 | +0.0% |
| Improvement Value | $2,113,586 | $2,202,816 | -4.1% |
| Taxable Value | $5,300,000 | $5,389,230 | -1.7% |
| Total Tax 2026 = estimate |
~$108,464
Estimated
|
~$110,290
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,637,825 | $5,300,000 | -337,825 (-6.0%) |
| Taxable Value | $5,637,825 | $5,300,000 | -337,825 (-6.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,300,000 | $3,186,414 | $2,113,586 | — | $5,300,000 | $5,300,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,389,230 | $3,186,414 | $2,202,816 | — | $5,389,230 | $5,389,230 | ~$110,290 | Partial |
| 2024 | $6,700,000 | — | — | −$3,513,586 | $3,186,414 | $— | $121,213 | Verified |
| 2023 | $7,226,400 | — | — | −$4,039,986 | $3,186,414 | $— | $121,220 | Verified |
| 2022 | $— | — | — | — | $3,186,414 | $— | $142,716 | Verified |
| 2021 | $7,118,000 | — | — | −$3,931,586 | $3,186,414 | $— | $153,990 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | -8.7% | -8.7% | ~100% | 1.9800% | Verified |
| 2023 | -7.3% | -7.3% | ~100% | 1.8100% | Verified |
| 2022 | -4.4% | -4.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.7% | -6.8% | -6.4% | +1.5% | 2023 | -19.6% | 2025 |
| Assessment Ratio | 100.0% | 67.3% | — | 100.0% | 2025 | 44.1% | 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 |
$110,290 | $126,678 | ~$85,859 | $153,990 | 2021 | $110,290 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,027,116 | ~$5,027,116 | ~2.0139% | ~$101,243 | -6.7% |
| 2027 | ~$4,689,333 | ~$4,689,333 | ~1.9814% | ~$92,914 | -13.0% |
| 2028 | ~$4,374,247 | ~$4,374,247 | ~1.9488% | ~$85,247 | -18.8% |
| 2029 | ~$4,080,332 | ~$4,080,332 | ~1.9163% | ~$78,191 | -24.3% |
| 2030 | ~$3,806,165 | ~$3,806,165 | ~1.8837% | ~$71,698 | -29.4% |
| 2026 | ~$5,119,768 | ~$5,119,768 | ~2.0465% | ~$104,775 | -5.0% |
| 2027 | ~$4,863,780 | ~$4,863,780 | ~2.0465% | ~$99,537 | -9.8% |
| 2028 | ~$4,620,591 | ~$4,620,591 | ~2.0465% | ~$94,560 | -14.3% |
| 2029 | ~$4,389,562 | ~$4,389,562 | ~2.0465% | ~$89,832 | -18.5% |
| 2030 | ~$4,170,083 | ~$4,170,083 | ~2.0465% | ~$85,340 | -22.6% |
| 2026 | ~$5,134,901 | ~$5,134,901 | ~1.9977% | ~$102,578 | -4.7% |
| 2027 | ~$4,892,573 | ~$4,892,573 | ~1.9488% | ~$95,348 | -9.2% |
| 2028 | ~$4,661,682 | ~$4,661,682 | ~1.9000% | ~$88,573 | -13.5% |
| 2029 | ~$4,441,687 | ~$4,441,687 | ~1.8512% | ~$82,224 | -17.6% |
| 2030 | ~$4,232,075 | ~$4,232,075 | ~1.8024% | ~$76,278 | -21.5% |
In 2025, this property's market value of $5,389,230 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,389,230 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,226,400 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $7,118,000 | $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.