2121 E CESAR CHAVEZ ST TX 78702
| Owner | SAID GAMAL & SHARON MIWA |
|---|---|
| Parcel ID | 0202081406 |
| Short ID | 189305 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,330 SF |
| Land SF | 6,744 SF |
| Acres | 0.155 |
| Year Built | 1928 |
| Legal | LOT 3 BLK O OLT 37&38 DIV O DRIVING PARK ADDN |
| Neighborhood | 59EAS |
| Land | $1,011,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,011,600 |
| Improvement | $52,456 |
|---|---|
| Total Improvement | $52,456 |
| Market | $1,064,056 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,064,056 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,064,056 |
| Taxable Value | $1,064,056 |
|---|
Appreciation: Market value has risen +25.8% from $846,034 (2021) to $1,064,056 (2025), a CAGR of 5.9% 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 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 $21,776. 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 95% of market value ($1,011,600 land vs $52,456 improvements), about $150/SF of land. With value concentrated in the land under a ~98-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 $1,064,056, 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 +5.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,417,214 by 2030, with an estimated annual tax burden around $26,697. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 1,500 SF | ✗ |
| 1ST | 1st Floor | 1,330 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,330 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 280 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 112 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 64 SF | ✗ |
| 435 | FENCE IRON LF | 60 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% | $9,844.65 | $9,844.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,575.83 | $5,575.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,999.20 | $3,999.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,255.83 | $1,255.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,100.23 | $1,100.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,775.74 | $21,775.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,064,056 | $1,064,056 | +0.0% |
| Assessed Value | $1,064,056 | $1,064,056 | +0.0% |
| Land Value | $1,011,600 | $1,011,600 | +0.0% |
| Improvement Value | $52,456 | $52,456 | +0.0% |
| Taxable Value | $1,064,056 | $1,064,056 | +0.0% |
| Total Tax 2026 = estimate |
~$21,776
Estimated
|
~$21,776
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,503,447 | $1,064,056 | -439,391 (-29.2%) |
| Taxable Value | $1,276,867 | $1,064,056 | -212,811 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,064,056 | $1,011,600 | $52,456 | — | $1,064,056 | $1,064,056 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,064,056 | $1,011,600 | $52,456 | — | $1,064,056 | $1,064,056 | ~$21,776 | Partial |
| 2024 | $1,232,656 | — | — | −$221,056 | $1,011,600 | $— | $21,088 | Verified |
| 2023 | $948,500 | — | — | — | $1,011,600 ! | $— | $22,302 | Verified |
| 2022 | $885,355 | — | — | −$143,515 | $741,840 | $— | $18,732 | Verified |
| 2021 | $846,034 | — | — | −$205,354 | $640,680 | $— | $19,271 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.3% | +20.0% | 84.9% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -18.9% | -18.9% | ~100% | 1.9800% | Verified |
| 2023 | +38.3% | +38.3% | ~100% | 1.7000% | Verified |
| 2022 | +7.1% | +7.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.6% | +5.9% | +30.0% | 2024 | -13.7% | 2025 |
| Assessment Ratio | 100.0% | 91.4% | — | 106.7% | 2023 | 75.7% | 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 |
$21,776 | $20,634 | ~$24,662 | $22,302 | 2023 | $18,732 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,126,831 | ~$1,126,831 | ~2.0139% | ~$22,694 | +5.9% |
| 2027 | ~$1,193,309 | ~$1,193,309 | ~1.9814% | ~$23,644 | +12.1% |
| 2028 | ~$1,263,709 | ~$1,263,709 | ~1.9488% | ~$24,628 | +18.8% |
| 2029 | ~$1,338,262 | ~$1,338,262 | ~1.9163% | ~$25,645 | +25.8% |
| 2030 | ~$1,417,214 | ~$1,417,214 | ~1.8837% | ~$26,697 | +33.2% |
| 2026 | ~$1,105,550 | ~$1,105,550 | ~2.0465% | ~$22,625 | +3.9% |
| 2027 | ~$1,148,661 | ~$1,148,661 | ~2.0465% | ~$23,507 | +8.0% |
| 2028 | ~$1,193,454 | ~$1,193,454 | ~2.0465% | ~$24,424 | +12.2% |
| 2029 | ~$1,239,993 | ~$1,239,993 | ~2.0465% | ~$25,376 | +16.5% |
| 2030 | ~$1,288,348 | ~$1,288,348 | ~2.0465% | ~$26,366 | +21.1% |
| 2026 | ~$1,148,112 | ~$1,148,112 | ~1.9977% | ~$22,935 | +7.9% |
| 2027 | ~$1,238,808 | ~$1,238,808 | ~1.9488% | ~$24,142 | +16.4% |
| 2028 | ~$1,336,668 | ~$1,336,668 | ~1.9000% | ~$25,397 | +25.6% |
| 2029 | ~$1,442,259 | ~$1,442,259 | ~1.8512% | ~$26,699 | +35.5% |
| 2030 | ~$1,556,191 | ~$1,556,191 | ~1.8024% | ~$28,048 | +46.3% |
In 2025, this property's market value of $1,064,056 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -25% 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 | $1,064,056 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,232,656 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $948,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $885,355 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $846,034 | $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.