1405 E CESAR CHAVEZ ST TX 78702
| Owner | MAAHTAAB PARTNERS LTD |
|---|---|
| Parcel ID | 0202051303 |
| Short ID | 188882 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,015 SF |
| Land SF | 6,903 SF |
| Acres | 0.158 |
| Year Built | 1900 |
| Legal | LOT 3 BLK 1 OLT 34&46 DIV O WELCH SUBD |
| Neighborhood | 59EAS |
| Land | $1,208,025 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,208,025 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,141,778 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,141,778 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,141,778 |
| Exemptions (−) (HT) | −$285,445 |
|---|---|
| Taxable Value | $856,333 |
Appreciation: Market value has risen +24.0% from $920,471 (2021) to $1,141,778 (2025), a CAGR of 5.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $17,525. Austin ISD is the largest single contributor, at 48.3% 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 106% of market value ($1,208,025 land vs $0 improvements), about $175/SF of land. With value concentrated in the land under a ~126-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 $1,141,778, this parcel sits in the lower-middle (25th–50th 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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,494,673 by 2030, with an estimated annual tax burden around $28,156. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,015 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 168 SF | ✗ |
| 251 | BATHROOM | 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% | $9,243.27 | $9,243.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,487.33 | $4,487.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,218.48 | $3,218.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,180.60 | $1,180.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,010.67 | $1,010.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,140.35 | $19,140.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,141,778 | $1,141,778 | +0.0% |
| Assessed Value | $1,141,778 | $1,141,778 | +0.0% |
| Land Value | $1,208,025 | $1,208,025 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $709,374 | $856,333 | -17.2% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$14,517
Estimated
|
~$19,140
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,637,713 | $1,141,778 | -495,935 (-30.3%) |
| Taxable Value | $937,730 | $709,374 | -228,356 (-24.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,141,778 | $1,208,025 | — | — | $1,141,778 | $709,374 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,141,778 | $1,208,025 | — | — | $1,141,778 | $856,333 | ~$19,140 | Partial |
| 2024 | $1,411,511 | — | — | −$269,733 | $1,141,778 | $— | $18,617 | Verified |
| 2023 | $1,117,900 | — | — | — | $1,208,025 ! | $— | $20,366 | Verified |
| 2022 | $910,883 | — | — | −$48,008 | $862,875 | $— | $17,348 | Verified |
| 2021 | $920,471 | — | — | −$264,686 | $655,785 | $— | $15,335 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +43.4% | +20.0% | 83.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -24.0% | -24.0% | ~100% | 1.6300% | Verified |
| 2023 | +34.3% | +34.3% | ~100% | 1.3600% | Verified |
| 2022 | +22.7% | +22.7% | ~100% | 1.5500% | Verified |
| 2021 | base year | — | ~100% | 1.6700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.8% | +5.5% | +26.3% | 2024 | -19.1% | 2025 |
| Assessment Ratio | 100.0% | 92.5% | — | 108.1% | 2023 | 71.2% | 2021 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,140 | $18,161 | ~$26,183 | $20,366 | 2023 | $15,335 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,204,965 | ~$1,204,965 | ~2.0139% | ~$24,267 | +5.5% |
| 2027 | ~$1,271,650 | ~$1,271,650 | ~1.9814% | ~$25,196 | +11.4% |
| 2028 | ~$1,342,024 | ~$1,342,024 | ~1.9488% | ~$26,154 | +17.5% |
| 2029 | ~$1,416,293 | ~$1,416,293 | ~1.9163% | ~$27,140 | +24.0% |
| 2030 | ~$1,494,673 | ~$1,494,673 | ~1.8837% | ~$28,156 | +30.9% |
| 2026 | ~$1,182,130 | ~$1,182,130 | ~2.0465% | ~$24,192 | +3.5% |
| 2027 | ~$1,223,908 | ~$1,223,908 | ~2.0465% | ~$25,047 | +7.2% |
| 2028 | ~$1,267,162 | ~$1,267,162 | ~2.0465% | ~$25,932 | +11.0% |
| 2029 | ~$1,311,945 | ~$1,311,945 | ~2.0465% | ~$26,849 | +14.9% |
| 2030 | ~$1,358,311 | ~$1,358,311 | ~2.0465% | ~$27,798 | +19.0% |
| 2026 | ~$1,227,801 | ~$1,227,801 | ~1.9977% | ~$24,527 | +7.5% |
| 2027 | ~$1,320,305 | ~$1,320,305 | ~1.9488% | ~$25,731 | +15.6% |
| 2028 | ~$1,419,778 | ~$1,419,778 | ~1.9000% | ~$26,976 | +24.3% |
| 2029 | ~$1,526,746 | ~$1,526,746 | ~1.8512% | ~$28,263 | +33.7% |
| 2030 | ~$1,641,773 | ~$1,641,773 | ~1.8024% | ~$29,591 | +43.8% |
In 2025, this property's market value of $1,141,778 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -19% below 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 | $1,141,778 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,411,511 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,117,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $910,883 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $920,471 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.