2209 E CESAR CHAVEZ ST TX 78702
| Owner | HC + EM LLC |
|---|---|
| Parcel ID | 0201090605 |
| Short ID | 188445 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,423 SF |
| Land SF | 12,968 SF |
| Acres | 0.298 |
| Year Built | 2025 |
| Legal | LOT 4 BLK A OLT 39 DIV O DRIVING PARK ADDN |
| Neighborhood | 1EC1 |
| Land | $1,621,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,621,000 |
| Improvement | $3,737,689 |
|---|---|
| Total Improvement | $3,737,689 |
| Market | $5,358,689 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,358,689 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,216,259 |
| Net Appraised (assessed) | $2,142,430 |
| Taxable Value | $2,142,430 |
|---|
Appreciation: Market value has risen +773.8% from $613,260 (2021) to $5,358,689 (2025), a CAGR of 71.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $43,845. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,142,430) is $3,216,259 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. 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 30% of market value ($1,621,000 land vs $3,737,689 improvements), about $125/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,358,689, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +71.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $80,505,573 by 2030, with an estimated annual tax burden around $1,516,518. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 7,675 SF | ✓ |
| 487 | PARKING UNDER | 6,457 SF | ✓ |
| 1ST | 1st Floor | 748 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 480 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 120% in 2024, 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% | $19,821.76 | $19,821.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,226.70 | $11,226.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,052.22 | $8,052.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,528.56 | $2,528.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,215.27 | $2,215.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,844.51 | $43,844.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,864,093 | $5,358,689 | +9.4% |
| Assessed Value | $4,385,040 | $2,142,430 | +104.7% |
| Land Value | $1,621,000 | $1,621,000 | +0.0% |
| Improvement Value | $4,243,093 | $3,737,689 | +13.5% |
| Taxable Value | $4,385,040 | $2,142,430 | +104.7% |
| HS Cap Loss | -$1,479,053 | — | |
| Total Tax 2026 = estimate |
~$89,739
Estimated
|
~$43,845
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,444,058 | $5,864,093 | -579,965 (-9.0%) |
| Taxable Value | $4,633,003 | $4,385,040 | -247,963 (-5.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,864,093 | $1,621,000 | $4,243,093 | −$1,479,053 | $4,385,040 | $4,385,040 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,358,689 | $1,621,000 | $3,737,689 | −$3,216,259 | $2,142,430 | $2,142,430 | ~$43,845 | Partial |
| 2024 | $— | — | — | — | $1,621,000 | $— | $35,382 | Verified |
| 2023 | $— | — | — | — | $810,363 | $— | $14,661 | Verified |
| 2022 | $— | — | — | — | $713,119 | $— | $14,084 | Verified |
| 2021 | $613,260 | — | — | — | $647,330 ! | $— | $14,090 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.3% | +116.2% | 71.9% | Not available | Partial |
| 2025 | +200.1% ! | +20.0% | 40.0% | Not available | Partial |
| 2024 | +120.3% ! | +120.3% | ~100% | 1.9800% | Verified |
| 2023 | +13.6% | +13.6% | ~100% | 1.8100% | Verified |
| 2022 | +10.2% | +10.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +727.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.4% | +391.6% | +69.0% | +773.8% | 2025 | +9.4% | 2026 |
| Assessment Ratio | 74.8% | 73.5% | — | 105.6% | 2021 | 40.0% | 2025 |
| Effective Tax Rate (2025) | 0.8200% | 0.8200% | — | 0.8200% | 2025 | 0.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,845 | $28,967 | ~$688,795 | $43,845 | 2025 | $14,090 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,213,233 | ~$9,213,233 | ~2.0139% | ~$185,549 | +71.9% |
| 2027 | ~$15,840,377 | ~$15,840,377 | ~1.9814% | ~$313,859 | +195.6% |
| 2028 | ~$27,234,474 | ~$27,234,474 | ~1.9488% | ~$530,756 | +408.2% |
| 2029 | ~$46,824,427 | ~$46,824,427 | ~1.9163% | ~$897,292 | +773.8% |
| 2030 | ~$80,505,573 | ~$80,505,573 | ~1.8837% | ~$1,516,518 | +1402.3% |
| 2026 | ~$9,106,059 | ~$9,106,059 | ~2.0465% | ~$186,354 | +69.9% |
| 2027 | ~$15,473,991 | ~$15,473,991 | ~2.0465% | ~$316,673 | +188.8% |
| 2028 | ~$26,295,064 | ~$26,295,064 | ~2.0465% | ~$538,125 | +390.7% |
| 2029 | ~$44,683,392 | ~$44,683,392 | ~2.0465% | ~$914,439 | +733.8% |
| 2030 | ~$75,930,808 | ~$75,930,808 | ~2.0465% | ~$1,553,913 | +1317.0% |
| 2026 | ~$9,320,406 | ~$9,320,406 | ~1.9977% | ~$186,190 | +73.9% |
| 2027 | ~$16,211,050 | ~$16,211,050 | ~1.9488% | ~$315,927 | +202.5% |
| 2028 | ~$28,195,995 | ~$28,195,995 | ~1.9000% | ~$535,729 | +426.2% |
| 2029 | ~$49,041,497 | ~$49,041,497 | ~1.8512% | ~$907,853 | +815.2% |
| 2030 | ~$85,298,228 | ~$85,298,228 | ~1.8024% | ~$1,537,391 | +1491.8% |
In 2025, this property's market value of $5,358,689 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 63× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $5,358,689 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $613,260 | $6,000 | $14,480 | $80,000 | ↑ 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.