1201 E CESAR CHAVEZ ST TX 78702
| Owner | 1201 E CESAR CHAVEZ LLC |
|---|---|
| Parcel ID | 0202050601 |
| Short ID | 188757 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 10,452 SF |
| Land SF | 10,240 SF |
| Acres | 0.235 |
| Year Built | 2018 |
| Legal | LOT 1 & W15 FT OF LOT 2 OLT 33 DIV O CANTERBURY SQUARE |
| Neighborhood | 30CEN |
| Land | $1,792,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,792,000 |
| Improvement | $691,563 |
|---|---|
| Total Improvement | $691,563 |
| Market | $2,483,563 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,483,563 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,483,563 |
| Taxable Value | $2,483,563 |
|---|
Appreciation: Market value has risen +46.0% from $1,701,000 (2021) to $2,483,563 (2025), a CAGR of 9.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $50,826. 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 72% of market value ($1,792,000 land vs $691,563 improvements), about $175/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,483,563, 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,986,014 by 2030, with an estimated annual tax burden around $75,086. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 8,964 SF | ✓ |
| 2ND | 2nd Floor | 1,488 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 378 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 32 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $22,977.92 | $22,977.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,014.29 | $13,014.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,334.35 | $9,334.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,931.18 | $2,931.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,568.00 | $2,568.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $50,825.74 | $50,825.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,302,801 | $2,483,563 | -7.3% |
| Assessed Value | $2,302,801 | $2,483,563 | -7.3% |
| Land Value | $1,792,000 | $1,792,000 | +0.0% |
| Improvement Value | $510,801 | $691,563 | -26.1% |
| Taxable Value | $2,302,801 | $2,483,563 | -7.3% |
| Total Tax 2026 = estimate |
~$47,126
Estimated
|
~$50,826
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,302,801 | $2,302,801 | +0 (+0.0%) |
| Taxable Value | $2,302,801 | $2,302,801 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,302,801 | $1,792,000 | $510,801 | — | $2,302,801 | $2,302,801 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,483,563 | $1,792,000 | $691,563 | — | $2,483,563 | $2,483,563 | ~$50,826 | Partial |
| 2024 | $3,467,527 | — | — | −$1,675,527 | $1,792,000 | $— | $65,946 | Verified |
| 2023 | $4,128,067 | — | — | −$2,336,067 | $1,792,000 | $— | $62,736 | Verified |
| 2022 | $3,291,221 | — | — | −$2,011,221 | $1,280,000 | $— | $81,526 | Verified |
| 2021 | $1,701,000 | — | — | −$574,600 | $1,126,400 | $— | $71,639 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.3% | -7.3% | ~100% | Not available | Partial |
| 2025 | -25.4% | -25.4% | ~100% | Not available | Partial |
| 2024 | -4.0% | -4.0% | ~100% | 1.9800% | Verified |
| 2023 | -16.0% | -16.0% | ~100% | 1.8100% | Verified |
| 2022 | +25.4% | +25.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 4.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -24.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.3% | +13.4% | +11.6% | +93.5% | 2022 | -28.4% | 2025 |
| Assessment Ratio | 100.0% | 66.7% | — | 100.0% | 2025 | 38.9% | 2022 |
| 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 |
$50,826 | $66,535 | ~$64,661 | $81,526 | 2022 | $50,826 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,730,033 | ~$2,730,033 | ~2.0139% | ~$54,981 | +9.9% |
| 2027 | ~$3,000,963 | ~$3,000,963 | ~1.9814% | ~$59,461 | +20.8% |
| 2028 | ~$3,298,780 | ~$3,298,780 | ~1.9488% | ~$64,288 | +32.8% |
| 2029 | ~$3,626,152 | ~$3,626,152 | ~1.9163% | ~$69,488 | +46.0% |
| 2030 | ~$3,986,014 | ~$3,986,014 | ~1.8837% | ~$75,086 | +60.5% |
| 2026 | ~$2,680,362 | ~$2,680,362 | ~2.0465% | ~$54,853 | +7.9% |
| 2027 | ~$2,892,755 | ~$2,892,755 | ~2.0465% | ~$59,200 | +16.5% |
| 2028 | ~$3,121,978 | ~$3,121,978 | ~2.0465% | ~$63,891 | +25.7% |
| 2029 | ~$3,369,365 | ~$3,369,365 | ~2.0465% | ~$68,954 | +35.7% |
| 2030 | ~$3,636,355 | ~$3,636,355 | ~2.0465% | ~$74,417 | +46.4% |
| 2026 | ~$2,779,704 | ~$2,731,919 | ~1.9977% | ~$54,575 | +11.9% |
| 2027 | ~$3,111,158 | ~$3,005,111 | ~1.9488% | ~$58,565 | +25.3% |
| 2028 | ~$3,482,134 | ~$3,305,622 | ~1.9000% | ~$62,807 | +40.2% |
| 2029 | ~$3,897,345 | ~$3,636,185 | ~1.8512% | ~$67,313 | +56.9% |
| 2030 | ~$4,362,066 | ~$3,999,803 | ~1.8024% | ~$72,091 | +75.6% |
In 2025, this property's market value of $2,483,563 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +75% 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 | $2,483,563 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,467,527 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $4,128,067 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,291,221 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $1,701,000 | $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.