2321 E CESAR CHAVEZ ST TX 78702
| Owner | 3423 2300 CESAR CHAVEZ LLC |
|---|---|
| Parcel ID | 0201091021 |
| Short ID | 188504 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,872 SF |
| Land SF | 19,749 SF |
| Acres | 0.453 |
| Year Built | 1965 |
| Legal | LOT 1 & 2 DAVIS WALTER L SUBD |
| Neighborhood | 53EAS |
| Land | $2,468,563 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,468,563 |
| Improvement | $396,277 |
|---|---|
| Total Improvement | $396,277 |
| Market | $2,864,840 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,864,840 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,864,840 |
| Taxable Value | $2,864,840 |
|---|
Appreciation: Market value has risen +60.3% from $1,787,365 (2021) to $2,864,840 (2025), a CAGR of 12.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $58,629. 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 86% of market value ($2,468,563 land vs $396,277 improvements), about $125/SF of land. With value concentrated in the land under a ~61-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 $2,864,840, 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 +12.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,166,653 by 2030, with an estimated annual tax burden around $86,913. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 7,140 SF | ✗ |
| 1ST | 1st Floor | 1,872 SF | ✓ |
| 591 | MASONRY TRIM SF | 225 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% | $26,505.50 | $26,505.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,012.25 | $15,012.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,767.36 | $10,767.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,381.17 | $3,381.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,962.24 | $2,962.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $58,628.52 | $58,628.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,562,535 | $2,864,840 | -10.6% |
| Assessed Value | $2,562,535 | $2,864,840 | -10.6% |
| Land Value | $2,468,563 | $2,468,563 | +0.0% |
| Improvement Value | $93,972 | $396,277 | -76.3% |
| Taxable Value | $2,562,535 | $2,864,840 | -10.6% |
| Total Tax 2026 = estimate |
~$52,442
Estimated
|
~$58,629
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,815,972 | $2,562,535 | -253,437 (-9.0%) |
| Taxable Value | $2,815,972 | $2,562,535 | -253,437 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,562,535 | $2,468,563 | $93,972 | — | $2,562,535 | $2,562,535 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,864,840 | $2,468,563 | $396,277 | — | $2,864,840 | $2,864,840 | ~$58,629 | Partial |
| 2024 | $2,469,564 | — | — | −$1,001 | $2,468,563 | $— | $56,708 | Verified |
| 2023 | $2,519,823 | — | — | −$51,260 | $2,468,563 | $— | $44,681 | Verified |
| 2022 | $2,057,749 | — | — | — | $2,172,335 ! | $— | $49,765 | Verified |
| 2021 | $1,787,365 | — | — | — | $1,876,108 ! | $— | $44,791 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -0.7% | -0.7% | ~100% | 1.9800% | Verified |
| 2023 | +14.4% | +14.4% | ~100% | 1.5500% | Verified |
| 2022 | +22.5% | +22.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.6% | +8.2% | +15.2% | +22.5% | 2023 | -10.6% | 2026 |
| Assessment Ratio | 100.0% | 101.4% | — | 105.6% | 2022 | 98.0% | 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 |
$58,629 | $50,914 | ~$74,750 | $58,629 | 2025 | $44,681 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,223,459 | ~$3,151,324 | ~2.0139% | ~$63,466 | +12.5% |
| 2027 | ~$3,626,970 | ~$3,466,456 | ~1.9814% | ~$68,684 | +26.6% |
| 2028 | ~$4,080,992 | ~$3,813,102 | ~1.9488% | ~$74,311 | +42.5% |
| 2029 | ~$4,591,848 | ~$4,194,412 | ~1.9163% | ~$80,377 | +60.3% |
| 2030 | ~$5,166,653 | ~$4,613,853 | ~1.8837% | ~$86,913 | +80.3% |
| 2026 | ~$3,166,162 | ~$3,151,324 | ~2.0465% | ~$64,491 | +10.5% |
| 2027 | ~$3,499,177 | ~$3,466,456 | ~2.0465% | ~$70,941 | +22.1% |
| 2028 | ~$3,867,219 | ~$3,813,102 | ~2.0465% | ~$78,035 | +35.0% |
| 2029 | ~$4,273,971 | ~$4,194,412 | ~2.0465% | ~$85,838 | +49.2% |
| 2030 | ~$4,723,504 | ~$4,613,853 | ~2.0465% | ~$94,422 | +64.9% |
| 2026 | ~$3,280,756 | ~$3,151,324 | ~1.9977% | ~$62,953 | +14.5% |
| 2027 | ~$3,757,054 | ~$3,466,456 | ~1.9488% | ~$67,556 | +31.1% |
| 2028 | ~$4,302,501 | ~$3,813,102 | ~1.9000% | ~$72,450 | +50.2% |
| 2029 | ~$4,927,136 | ~$4,194,412 | ~1.8512% | ~$77,647 | +72.0% |
| 2030 | ~$5,642,454 | ~$4,613,853 | ~1.8024% | ~$83,159 | +97.0% |
In 2025, this property's market value of $2,864,840 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +102% 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 | $2,864,840 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,469,564 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,519,823 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,057,749 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,787,365 | $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.