1719 E 2 ST TX 78702
| Owner | 3423 1700 CESAR CHAVEZ LLC |
|---|---|
| Parcel ID | 0202071019 |
| Short ID | 189110 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,036 SF |
| Land SF | 22,097 SF |
| Acres | 0.507 |
| Year Built | 1982 |
| Legal | LOT 4-A CHOATE VILLA |
| Neighborhood | 61EAS |
| Land | $3,314,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,314,550 |
| Improvement | $224,599 |
|---|---|
| Total Improvement | $224,599 |
| Market | $3,539,149 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,539,149 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,539,149 |
| Taxable Value | $3,539,149 |
|---|
Appreciation: Market value has risen +35.5% from $2,612,778 (2021) to $3,539,149 (2025), a CAGR of 7.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $72,428. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 94% of market value ($3,314,550 land vs $224,599 improvements), about $150/SF of land. With value concentrated in the land under a ~44-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 $3,539,149, this parcel sits in the top quartile (≥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 +7.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,171,830 by 2030, with an estimated annual tax burden around $97,424. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 11,412 SF | ✗ |
| 1ST | 1st Floor | 10,036 SF | ✓ |
| 881 | COMMCL FINISHOUT | 1,606 SF | ✓ |
| 501 | CANOPY | 200 SF | ✗ |
| SO | Sketch Only | 200 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% | $32,744.21 | $32,744.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,545.74 | $18,545.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,301.71 | $13,301.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,177.01 | $4,177.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,659.48 | $3,659.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $72,428.15 | $72,428.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,314,550 | $3,539,149 | -6.3% |
| Assessed Value | $3,314,550 | $3,539,149 | -6.3% |
| Land Value | $3,314,550 | $3,314,550 | +0.0% |
| Improvement Value | — | $224,599 | — |
| Taxable Value | $3,314,550 | $3,539,149 | -6.3% |
| Total Tax 2026 = estimate |
~$67,832
Estimated
|
~$72,428
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,676,961 | $3,314,550 | -362,411 (-9.9%) |
| Taxable Value | $3,676,961 | $3,314,550 | -362,411 (-9.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,314,550 | $3,314,550 | — | — | $3,314,550 | $3,314,550 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,539,149 | $3,314,550 | $224,599 | — | $3,539,149 | $3,539,149 | ~$72,428 | Partial |
| 2024 | $3,314,581 | — | — | −$581 | $3,314,000 | $— | $65,677 | Verified |
| 2023 | $3,525,681 | — | — | −$211,131 | $3,314,550 | $— | $59,969 | Verified |
| 2022 | $2,641,801 | — | — | — | $2,762,125 ! | $— | $69,629 | Verified |
| 2021 | $2,612,778 | — | — | −$734,533 | $1,878,245 | $— | $57,504 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2024 | -19.2% | -19.2% | ~100% | 1.9800% | Verified |
| 2023 | +16.4% | +16.4% | ~100% | 1.4600% | Verified |
| 2022 | +33.5% | +33.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.3% | +5.8% | +9.3% | +33.5% | 2023 | -6.3% | 2026 |
| Assessment Ratio | 100.0% | 95.1% | — | 104.6% | 2022 | 71.9% | 2021 |
| 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 |
$72,428 | $65,041 | ~$86,880 | $72,428 | 2025 | $57,504 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,818,106 | ~$3,818,106 | ~2.0139% | ~$76,894 | +7.9% |
| 2027 | ~$4,119,050 | ~$4,119,050 | ~1.9814% | ~$81,614 | +16.4% |
| 2028 | ~$4,443,714 | ~$4,443,714 | ~1.9488% | ~$86,601 | +25.6% |
| 2029 | ~$4,793,969 | ~$4,793,969 | ~1.9163% | ~$91,866 | +35.5% |
| 2030 | ~$5,171,830 | ~$5,171,830 | ~1.8837% | ~$97,424 | +46.1% |
| 2026 | ~$3,747,323 | ~$3,747,323 | ~2.0465% | ~$76,688 | +5.9% |
| 2027 | ~$3,967,741 | ~$3,967,741 | ~2.0465% | ~$81,199 | +12.1% |
| 2028 | ~$4,201,124 | ~$4,201,124 | ~2.0465% | ~$85,975 | +18.7% |
| 2029 | ~$4,448,236 | ~$4,448,236 | ~2.0465% | ~$91,032 | +25.7% |
| 2030 | ~$4,709,882 | ~$4,709,882 | ~2.0465% | ~$96,387 | +33.1% |
| 2026 | ~$3,888,889 | ~$3,888,889 | ~1.9977% | ~$77,687 | +9.9% |
| 2027 | ~$4,273,189 | ~$4,273,189 | ~1.9488% | ~$83,278 | +20.7% |
| 2028 | ~$4,695,467 | ~$4,695,467 | ~1.9000% | ~$89,215 | +32.7% |
| 2029 | ~$5,159,474 | ~$5,159,474 | ~1.8512% | ~$95,512 | +45.8% |
| 2030 | ~$5,669,335 | ~$5,669,335 | ~1.8024% | ~$102,182 | +60.2% |
In 2025, this property's market value of $3,539,149 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +150% 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 | $3,539,149 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,314,581 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,525,681 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,641,801 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,612,778 | $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.