1621 E CESAR CHAVEZ ST TX 78702
| Owner | JOSEPH LOUIS ALBERT JR |
|---|---|
| Parcel ID | 0202070410 |
| Short ID | 188980 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 4,769 SF |
| Land SF | 17,360 SF |
| Acres | 0.399 |
| Year Built | 1940 |
| Legal | LOT 9-10 BLK 1 OLT 35 DIV O RIVERSIDE |
| Neighborhood | 48CEN |
| Land | $2,604,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,604,000 |
| Improvement | $412,811 |
|---|---|
| Total Improvement | $412,811 |
| Market | $3,016,811 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,016,811 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,016,811 |
| Taxable Value | $3,016,811 |
|---|
Appreciation: Market value has risen +69.2% from $1,783,426 (2021) to $3,016,811 (2025), a CAGR of 14.0% 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 $61,739. 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 ($2,604,000 land vs $412,811 improvements), about $150/SF of land. With value concentrated in the land under a ~86-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 $3,016,811, 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 +14.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,819,884 by 2030, with an estimated annual tax burden around $91,524. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,000 SF | ✗ |
| 1ST | 1st Floor | 4,769 SF | ✓ |
| 501 | CANOPY | 1,388 SF | ✗ |
| 581C | STORAGE ATT COMM | 50 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% | $26,904.82 | $26,904.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,238.41 | $15,238.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,929.57 | $10,929.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,432.11 | $3,432.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,006.87 | $3,006.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59,511.78 | $59,511.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,044,258 | $3,016,811 | +0.9% |
| Assessed Value | $3,044,258 | $3,016,811 | +0.9% |
| Land Value | $2,604,000 | $2,604,000 | +0.0% |
| Improvement Value | $440,258 | $412,811 | +6.6% |
| Taxable Value | $3,044,258 | $3,016,811 | +0.9% |
| Total Tax 2026 = estimate |
~$62,300
Estimated
|
~$59,512
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,044,258 | $3,044,258 | +0 (+0.0%) |
| Taxable Value | $3,044,258 | $3,044,258 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,044,258 | $2,604,000 | $440,258 | — | $3,044,258 | $3,044,258 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,016,811 | $2,604,000 | $412,811 | — | $3,016,811 | $3,016,811 | ~$59,512 | Partial |
| 2024 | $2,889,595 | — | — | −$285,595 | $2,604,000 | $— | $56,659 | Verified |
| 2023 | $2,464,859 | — | — | — | $2,604,000 ! | $— | $52,280 | Verified |
| 2022 | $1,907,372 | — | — | — | $2,170,000 ! | $— | $48,679 | Verified |
| 2021 | $1,783,426 | — | — | −$134,226 | $1,649,200 | $— | $41,517 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 1.9800% | Verified |
| 2023 | +22.3% | +22.3% | ~100% | 1.7300% | Verified |
| 2022 | +29.2% | +29.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +11.7% | +13.8% | +29.2% | 2023 | +0.9% | 2026 |
| Assessment Ratio | 100.0% | 100.3% | — | 113.8% | 2022 | 90.1% | 2024 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,512 | $51,729 | ~$78,715 | $59,512 | 2025 | $41,517 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,440,498 | ~$3,318,492 | ~2.0139% | ~$66,832 | +14.0% |
| 2027 | ~$3,923,689 | ~$3,650,341 | ~1.9814% | ~$72,327 | +30.1% |
| 2028 | ~$4,474,741 | ~$4,015,375 | ~1.9488% | ~$78,253 | +48.3% |
| 2029 | ~$5,103,183 | ~$4,416,913 | ~1.9163% | ~$84,641 | +69.2% |
| 2030 | ~$5,819,884 | ~$4,858,604 | ~1.8837% | ~$91,524 | +92.9% |
| 2026 | ~$3,380,162 | ~$3,318,492 | ~2.0465% | ~$67,912 | +12.0% |
| 2027 | ~$3,787,276 | ~$3,650,341 | ~2.0465% | ~$74,704 | +25.5% |
| 2028 | ~$4,243,424 | ~$4,015,375 | ~2.0465% | ~$82,174 | +40.7% |
| 2029 | ~$4,754,511 | ~$4,416,913 | ~2.0465% | ~$90,391 | +57.6% |
| 2030 | ~$5,327,154 | ~$4,858,604 | ~2.0465% | ~$99,431 | +76.6% |
| 2026 | ~$3,500,835 | ~$3,318,492 | ~1.9977% | ~$66,292 | +16.0% |
| 2027 | ~$4,062,516 | ~$3,650,341 | ~1.9488% | ~$71,139 | +34.7% |
| 2028 | ~$4,714,315 | ~$4,015,375 | ~1.9000% | ~$76,293 | +56.3% |
| 2029 | ~$5,470,689 | ~$4,416,913 | ~1.8512% | ~$81,766 | +81.3% |
| 2030 | ~$6,348,418 | ~$4,858,604 | ~1.8024% | ~$87,570 | +110.4% |
In 2025, this property's market value of $3,016,811 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +113% 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 | $3,016,811 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,889,595 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,464,859 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,907,372 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,783,426 | $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.