2125 E CESAR CHAVEZ ST TX 78702
| Owner | AR CAPITAL LLC |
|---|---|
| Parcel ID | 0202081407 |
| Short ID | 189306 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,925 SF |
| Land SF | 6,744 SF |
| Acres | 0.155 |
| Year Built | 1908 |
| Legal | LOT 2 BLK O OLT 37&38 DIV O DRIVING PARK ADDN |
| Neighborhood | 1EC1 |
| Land | $1,011,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,011,600 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $903,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $903,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $903,000 |
| Taxable Value | $903,000 |
|---|
Appreciation: Market value has risen +45.4% from $621,159 (2021) to $903,000 (2025), a CAGR of 9.8% over 4 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $18,480. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 112% of market value ($1,011,600 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~118-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 $903,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,441,431 by 2030, with an estimated annual tax burden around $27,153. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,574 SF | ✓ |
| 2ND | 2nd Floor | 1,351 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 233 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $8,354.56 | $8,354.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,731.87 | $4,731.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,393.88 | $3,393.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,065.75 | $1,065.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $933.70 | $933.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,479.76 | $18,479.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $903,000 | $903,000 | +0.0% |
| Assessed Value | $903,000 | $903,000 | +0.0% |
| Land Value | $1,011,600 | $1,011,600 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $903,000 | $903,000 | +0.0% |
| Total Tax 2026 = estimate |
~$18,480
Estimated
|
~$18,480
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,026,112 | $903,000 | -123,112 (-12.0%) |
| Taxable Value | $1,026,112 | $903,000 | -123,112 (-12.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $903,000 | $1,011,600 | — | — | $903,000 | $903,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $903,000 | $1,011,600 | — | — | $903,000 | $903,000 | ~$18,480 | Partial |
| 2024 | $903,000 | — | — | — | $903,000 | $— | $17,896 | Verified |
| 2023 | $716,625 | — | — | — | $1,011,600 ! | $— | $16,338 | Verified |
| 2022 | $654,680 | — | — | — | $716,625 ! | $— | $14,153 | Verified |
| 2021 | $621,159 | — | — | — | $640,680 ! | $— | $14,250 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.6% | +13.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -12.6% | -12.6% | ~100% | 1.9800% | Verified |
| 2023 | +36.2% | +36.2% | ~100% | 1.5800% | Verified |
| 2022 | +15.5% | +15.5% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.2% | +9.8% | +26.0% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 109.0% | — | 141.2% | 2023 | 100.0% | 2024 |
| 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 |
$18,480 | $16,223 | ~$23,430 | $18,480 | 2025 | $14,153 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$991,537 | ~$991,537 | ~2.0139% | ~$19,969 | +9.8% |
| 2027 | ~$1,088,755 | ~$1,088,755 | ~1.9814% | ~$21,572 | +20.6% |
| 2028 | ~$1,195,505 | ~$1,195,505 | ~1.9488% | ~$23,298 | +32.4% |
| 2029 | ~$1,312,722 | ~$1,312,722 | ~1.9163% | ~$25,156 | +45.4% |
| 2030 | ~$1,441,431 | ~$1,441,431 | ~1.8837% | ~$27,153 | +59.6% |
| 2026 | ~$973,477 | ~$973,477 | ~2.0465% | ~$19,922 | +7.8% |
| 2027 | ~$1,049,455 | ~$1,049,455 | ~2.0465% | ~$21,477 | +16.2% |
| 2028 | ~$1,131,363 | ~$1,131,363 | ~2.0465% | ~$23,153 | +25.3% |
| 2029 | ~$1,219,663 | ~$1,219,663 | ~2.0465% | ~$24,960 | +35.1% |
| 2030 | ~$1,314,855 | ~$1,314,855 | ~2.0465% | ~$26,908 | +45.6% |
| 2026 | ~$1,009,597 | ~$993,300 | ~1.9977% | ~$19,843 | +11.8% |
| 2027 | ~$1,128,778 | ~$1,092,630 | ~1.9488% | ~$21,294 | +25.0% |
| 2028 | ~$1,262,028 | ~$1,201,893 | ~1.9000% | ~$22,836 | +39.8% |
| 2029 | ~$1,411,007 | ~$1,322,082 | ~1.8512% | ~$24,474 | +56.3% |
| 2030 | ~$1,577,573 | ~$1,454,291 | ~1.8024% | ~$26,212 | +74.7% |
In 2025, this property's market value of $903,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +74% above the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $903,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $903,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $716,625 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $654,680 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $621,159 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | 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.