2116 E CESAR CHAVEZ ST TX 78702
| Owner | PAULYGAMY HOTEL LLC |
|---|---|
| Parcel ID | 0202081606 |
| Short ID | 189334 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,604 SF |
| Land SF | 6,486 SF |
| Acres | 0.149 |
| Year Built | 1921 |
| Legal | LOT 5 BLK 4 OLT 23&24 DIV O FAIR GROUNDS ADDN |
| Neighborhood | 59EAS |
| Land | $972,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $972,900 |
| Improvement | $132,061 |
|---|---|
| Total Improvement | $132,061 |
| Market | $1,104,961 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,104,961 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,104,961 |
| Taxable Value | $1,104,961 |
|---|
Appreciation: Market value has risen +45.6% from $759,028 (2021) to $1,104,961 (2025), a CAGR of 9.8% 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 $22,613. 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 88% of market value ($972,900 land vs $132,061 improvements), about $150/SF of land. With value concentrated in the land under a ~105-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 $1,104,961, 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,766,885 by 2030, with an estimated annual tax burden around $33,284. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 1ST | 1st Floor | 1,604 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,604 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 421 SF | ✗ |
| 581C | STORAGE ATT COMM | 55 SF | ✓ |
| 251 | BATHROOM | 2 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% | $10,223.10 | $10,223.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,790.18 | $5,790.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,152.94 | $4,152.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,304.11 | $1,304.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,142.53 | $1,142.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,612.86 | $22,612.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,091,878 | $1,104,961 | -1.2% |
| Assessed Value | $1,091,878 | $1,104,961 | -1.2% |
| Land Value | $972,900 | $972,900 | +0.0% |
| Improvement Value | $118,978 | $132,061 | -9.9% |
| Taxable Value | $1,091,878 | $1,104,961 | -1.2% |
| Total Tax 2026 = estimate |
~$22,345
Estimated
|
~$22,613
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,314,962 | $1,091,878 | -223,084 (-17.0%) |
| Taxable Value | $1,314,962 | $1,091,878 | -223,084 (-17.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,091,878 | $972,900 | $118,978 | — | $1,091,878 | $1,091,878 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,104,961 | $972,900 | $132,061 | — | $1,104,961 | $1,104,961 | ~$22,613 | Partial |
| 2024 | $999,597 | — | — | −$26,697 | $972,900 | $— | $21,898 | Verified |
| 2023 | $930,708 | — | — | — | $972,900 ! | $— | $18,085 | Verified |
| 2022 | $795,871 | — | — | −$82,411 | $713,460 | $— | $18,381 | Verified |
| 2021 | $759,028 | — | — | −$142,858 | $616,170 | $— | $17,324 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.0% | +19.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -5.8% | -5.8% | ~100% | 1.9800% | Verified |
| 2023 | +26.0% | +26.0% | ~100% | 1.5400% | Verified |
| 2022 | +16.9% | +16.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.2% | +7.7% | +10.1% | +16.9% | 2023 | -1.2% | 2026 |
| Assessment Ratio | 100.0% | 95.4% | — | 104.5% | 2023 | 81.2% | 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 |
$22,613 | $19,660 | ~$28,702 | $22,613 | 2025 | $17,324 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,213,722 | ~$1,213,722 | ~2.0139% | ~$24,444 | +9.8% |
| 2027 | ~$1,333,188 | ~$1,333,188 | ~1.9814% | ~$26,416 | +20.7% |
| 2028 | ~$1,464,414 | ~$1,464,414 | ~1.9488% | ~$28,539 | +32.5% |
| 2029 | ~$1,608,556 | ~$1,608,556 | ~1.9163% | ~$30,825 | +45.6% |
| 2030 | ~$1,766,885 | ~$1,766,885 | ~1.8837% | ~$33,284 | +59.9% |
| 2026 | ~$1,191,623 | ~$1,191,623 | ~2.0465% | ~$24,386 | +7.8% |
| 2027 | ~$1,285,082 | ~$1,285,082 | ~2.0465% | ~$26,299 | +16.3% |
| 2028 | ~$1,385,870 | ~$1,385,870 | ~2.0465% | ~$28,362 | +25.4% |
| 2029 | ~$1,494,564 | ~$1,494,564 | ~2.0465% | ~$30,586 | +35.3% |
| 2030 | ~$1,611,782 | ~$1,611,782 | ~2.0465% | ~$32,985 | +45.9% |
| 2026 | ~$1,235,821 | ~$1,215,457 | ~1.9977% | ~$24,281 | +11.8% |
| 2027 | ~$1,382,179 | ~$1,337,003 | ~1.9488% | ~$26,056 | +25.1% |
| 2028 | ~$1,545,870 | ~$1,470,703 | ~1.9000% | ~$27,944 | +39.9% |
| 2029 | ~$1,728,947 | ~$1,617,773 | ~1.8512% | ~$29,948 | +56.5% |
| 2030 | ~$1,933,706 | ~$1,779,551 | ~1.8024% | ~$32,074 | +75.0% |
In 2025, this property's market value of $1,104,961 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -22% 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 | $1,104,961 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $999,597 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $930,708 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $795,871 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $759,028 | $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.