2903 E 2 ST TX 78702
| Owner | 2903 GO GREEN LLC |
|---|---|
| Parcel ID | 0200120502 |
| Short ID | 187651 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,594 SF |
| Land SF | 6,343 SF |
| Acres | 0.146 |
| Year Built | 2020 |
| Legal | LOT 11 BLK 4 OLT 29 DIV O HARTWELL |
| Neighborhood | 53EAS |
| Land | $507,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $507,440 |
| Improvement | $1,067,127 |
|---|---|
| Total Improvement | $1,067,127 |
| Market | $1,574,567 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,574,567 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,574,567 |
| Taxable Value | $1,574,567 |
|---|
Appreciation: Market value has risen +231.0% from $475,725 (2021) to $1,574,567 (2025), a CAGR of 34.9% over 4 years. This is strong appreciation — well above typical inflation. 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 +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 $32,223. 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 32% of market value ($507,440 land vs $1,067,127 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,574,567, 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 +34.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,029,389 by 2030, with an estimated annual tax burden around $47,769. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 3,061 SF | ✓ |
| MEZZ | Mezzanine | 1,170 SF | ✓ |
| 1ST | 1st Floor | 533 SF | ✓ |
Market value changed by 197% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $14,567.89 | $14,567.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,251.00 | $8,251.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,917.93 | $5,917.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,858.35 | $1,858.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,628.10 | $1,628.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,223.27 | $32,223.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,423,381 | $1,574,567 | -9.6% |
| Assessed Value | $1,423,381 | $1,574,567 | -9.6% |
| Land Value | $507,440 | $507,440 | +0.0% |
| Improvement Value | $915,941 | $1,067,127 | -14.2% |
| Taxable Value | $1,423,381 | $1,574,567 | -9.6% |
| Total Tax 2026 = estimate |
~$29,129
Estimated
|
~$32,223
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,423,381 | $1,423,381 | +0 (+0.0%) |
| Taxable Value | $1,423,381 | $1,423,381 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,423,381 | $507,440 | $915,941 | — | $1,423,381 | $1,423,381 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,574,567 | $507,440 | $1,067,127 | — | $1,574,567 | $1,574,567 | ~$32,223 | Partial |
| 2024 | $1,610,644 | — | — | −$1,103,204 | $507,440 | $— | $30,540 | Verified |
| 2023 | $1,817,410 | — | — | −$1,309,970 | $507,440 | $— | $29,141 | Verified |
| 2022 | $612,676 | — | — | −$105,236 | $507,440 | $— | $35,892 | Verified |
| 2021 | $475,725 | — | — | — | $475,725 | $— | $13,336 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.6% | -9.6% | ~100% | Not available | Partial |
| 2025 | +2.2% | +2.2% | ~100% | Not available | Partial |
| 2024 | -4.3% | -4.3% | ~100% | 1.9800% | Verified |
| 2023 | -11.4% | -11.4% | ~100% | 1.8100% | Verified |
| 2022 | +196.6% ! | +196.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +157.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.6% | +40.4% | +37.7% | +196.6% | 2023 | -11.4% | 2024 |
| Assessment Ratio | 100.0% | 73.7% | — | 100.0% | 2021 | 27.9% | 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 |
$32,223 | $28,227 | ~$41,084 | $35,892 | 2022 | $13,336 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,123,794 | ~$1,732,024 | ~2.0139% | ~$34,882 | +34.9% |
| 2027 | ~$2,864,598 | ~$1,905,226 | ~1.9814% | ~$37,750 | +81.9% |
| 2028 | ~$3,863,803 | ~$2,095,749 | ~1.9488% | ~$40,843 | +145.4% |
| 2029 | ~$5,211,543 | ~$2,305,324 | ~1.9163% | ~$44,177 | +231.0% |
| 2030 | ~$7,029,389 | ~$2,535,856 | ~1.8837% | ~$47,769 | +346.4% |
| 2026 | ~$2,092,303 | ~$1,732,024 | ~2.0465% | ~$35,446 | +32.9% |
| 2027 | ~$2,780,276 | ~$1,905,226 | ~2.0465% | ~$38,990 | +76.6% |
| 2028 | ~$3,694,463 | ~$2,095,749 | ~2.0465% | ~$42,889 | +134.6% |
| 2029 | ~$4,909,246 | ~$2,305,324 | ~2.0465% | ~$47,178 | +211.8% |
| 2030 | ~$6,523,463 | ~$2,535,856 | ~2.0465% | ~$51,896 | +314.3% |
| 2026 | ~$2,155,286 | ~$1,732,024 | ~1.9977% | ~$34,600 | +36.9% |
| 2027 | ~$2,950,180 | ~$1,905,226 | ~1.9488% | ~$37,130 | +87.4% |
| 2028 | ~$4,038,240 | ~$2,095,749 | ~1.9000% | ~$39,820 | +156.5% |
| 2029 | ~$5,527,590 | ~$2,305,324 | ~1.8512% | ~$42,676 | +251.1% |
| 2030 | ~$7,566,230 | ~$2,535,856 | ~1.8024% | ~$45,706 | +380.5% |
In 2025, this property's market value of $1,574,567 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +11% 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 | $1,574,567 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,610,644 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,817,410 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $612,676 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $475,725 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.