2708 E CESAR CHAVEZ ST TX 78702
| Owner | BAAS HOSPITALITY LLC |
|---|---|
| Parcel ID | 0202110524 |
| Short ID | 189680 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,899 SF |
| Land SF | 5,616 SF |
| Acres | 0.129 |
| Year Built | 2017 |
| Legal | .1289AC OF OLT 28 DIVISION O |
| Neighborhood | 32CEN |
| Land | $702,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $702,000 |
| Improvement | $76,495 |
|---|---|
| Total Improvement | $76,495 |
| Market | $778,495 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $778,495 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $778,495 |
| Taxable Value | $778,495 |
|---|
Appreciation: Market value has risen +16.7% from $667,078 (2021) to $778,495 (2025), a CAGR of 3.9% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $15,932. 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 90% of market value ($702,000 land vs $76,495 improvements), about $125/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $778,495, 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 +3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $944,289 by 2030, with an estimated annual tax burden around $17,788. 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 | 2,899 SF | ✓ |
| 511 | DECK | 598 SF | ✗ |
| 501 | CANOPY | 130 SF | ✗ |
| 611 | TERRACE | 130 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% | $7,202.64 | $7,202.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,079.45 | $4,079.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,925.93 | $2,925.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $918.80 | $918.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $804.96 | $804.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,931.78 | $15,931.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $783,902 | $778,495 | +0.7% |
| Assessed Value | $783,902 | $778,495 | +0.7% |
| Land Value | $702,000 | $702,000 | +0.0% |
| Improvement Value | $81,902 | $76,495 | +7.1% |
| Taxable Value | $783,902 | $778,495 | +0.7% |
| Total Tax 2026 = estimate |
~$16,042
Estimated
|
~$15,932
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $783,902 | $783,902 | +0 (+0.0%) |
| Taxable Value | $783,902 | $783,902 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $783,902 | $702,000 | $81,902 | — | $783,902 | $783,902 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $778,495 | $702,000 | $76,495 | — | $778,495 | $778,495 | ~$15,932 | Partial |
| 2024 | $762,000 | — | — | −$60,000 | $702,000 | $— | $16,963 | Verified |
| 2023 | $675,548 | — | — | — | $702,000 ! | $— | $13,786 | Verified |
| 2022 | $647,468 | — | — | −$29,708 | $617,760 | $— | $13,342 | Verified |
| 2021 | $667,078 | — | — | −$133,558 | $533,520 | $— | $14,093 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | -9.0% | -9.0% | ~100% | Not available | Partial |
| 2024 | -0.7% | -0.7% | ~100% | 1.9800% | Verified |
| 2023 | +15.3% | +15.3% | ~100% | 1.6000% | Verified |
| 2022 | +15.5% | +15.5% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +3.4% | +3.8% | +12.8% | 2024 | -2.9% | 2022 |
| Assessment Ratio | 100.0% | 95.2% | — | 103.9% | 2023 | 80.0% | 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 |
$15,932 | $14,823 | ~$17,038 | $16,963 | 2024 | $13,342 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$809,144 | ~$809,144 | ~2.0139% | ~$16,296 | +3.9% |
| 2027 | ~$840,999 | ~$840,999 | ~1.9814% | ~$16,663 | +8.0% |
| 2028 | ~$874,108 | ~$874,108 | ~1.9488% | ~$17,035 | +12.3% |
| 2029 | ~$908,521 | ~$908,521 | ~1.9163% | ~$17,410 | +16.7% |
| 2030 | ~$944,289 | ~$944,289 | ~1.8837% | ~$17,788 | +21.3% |
| 2026 | ~$793,574 | ~$793,574 | ~2.0465% | ~$16,240 | +1.9% |
| 2027 | ~$808,945 | ~$808,945 | ~2.0465% | ~$16,555 | +3.9% |
| 2028 | ~$824,613 | ~$824,613 | ~2.0465% | ~$16,876 | +5.9% |
| 2029 | ~$840,585 | ~$840,585 | ~2.0465% | ~$17,202 | +8.0% |
| 2030 | ~$856,866 | ~$856,866 | ~2.0465% | ~$17,536 | +10.1% |
| 2026 | ~$824,714 | ~$824,714 | ~1.9977% | ~$16,475 | +5.9% |
| 2027 | ~$873,676 | ~$873,676 | ~1.9488% | ~$17,027 | +12.2% |
| 2028 | ~$925,545 | ~$925,545 | ~1.9000% | ~$17,586 | +18.9% |
| 2029 | ~$980,494 | ~$980,494 | ~1.8512% | ~$18,151 | +25.9% |
| 2030 | ~$1,038,705 | ~$1,038,705 | ~1.8024% | ~$18,721 | +33.4% |
In 2025, this property's market value of $778,495 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -45% 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 | $778,495 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $762,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $675,548 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $647,468 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $667,078 | $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.