2612 E CESAR CHAVEZ ST TX 78702
| Owner | BUDS BUILDINGS LLC |
|---|---|
| Parcel ID | 0202110531 |
| Short ID | 189687 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 5,640 SF |
| Land SF | 14,697 SF |
| Acres | 0.337 |
| Year Built | 1961 |
| Legal | LOT 6 BLK 4 HIGHWAY ADDN |
| Neighborhood | 52EAS |
| Land | $1,837,143 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,837,143 |
| Improvement | $184,598 |
|---|---|
| Total Improvement | $184,598 |
| Market | $2,021,741 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,021,741 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,021,741 |
| Taxable Value | $2,021,741 |
|---|
Appreciation: Market value has risen +180.3% from $721,369 (2021) to $2,021,741 (2025), a CAGR of 29.4% 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 $41,375. 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 91% of market value ($1,837,143 land vs $184,598 improvements), about $125/SF of land. With value concentrated in the land under a ~65-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 $2,021,741, this parcel sits in the upper-middle (50th–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 +29.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,331,377 by 2030, with an estimated annual tax burden around $61,335. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,640 SF | ✓ |
| MEZZ | Mezzanine | 5,000 SF | ✓ |
| 501 | CANOPY | 1,760 SF | ✗ |
| 611 | TERRACE | 784 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 625 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% | $18,705.15 | $18,705.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,594.27 | $10,594.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,598.61 | $7,598.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,386.12 | $2,386.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,090.48 | $2,090.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,374.63 | $41,374.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,885,000 | $2,021,741 | -6.8% |
| Assessed Value | $1,885,000 | $2,021,741 | -6.8% |
| Land Value | $1,837,143 | $1,837,143 | +0.0% |
| Improvement Value | $47,857 | $184,598 | -74.1% |
| Taxable Value | $1,885,000 | $2,021,741 | -6.8% |
| Total Tax 2026 = estimate |
~$38,576
Estimated
|
~$41,375
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,031,839 | $1,885,000 | -146,839 (-7.2%) |
| Taxable Value | $2,031,839 | $1,885,000 | -146,839 (-7.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,885,000 | $1,837,143 | $47,857 | — | $1,885,000 | $1,885,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,021,741 | $1,837,143 | $184,598 | — | $2,021,741 | $2,021,741 | ~$41,375 | Partial |
| 2024 | $2,575,000 | — | — | — | — | $— | $43,398 | Verified |
| 2023 | $1,971,980 | — | — | — | — | $— | $46,588 | Verified |
| 2022 | $1,255,795 | — | — | −$447,295 | $808,500 | $— | $38,945 | Verified |
| 2021 | $721,369 | — | — | −$23,119 | $698,250 | $— | $27,335 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | -7.7% | -7.7% | ~100% | Not available | Partial |
| 2024 | -15.0% | -15.0% | ~100% | 1.9800% | Verified |
| 2023 | +30.6% | +30.6% | ~100% | 1.8100% | Verified |
| 2022 | -25.7% | -25.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -23.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.8% | +26.7% | +31.3% | +74.1% | 2022 | -21.5% | 2025 |
| Assessment Ratio | 100.0% | 90.3% | — | 100.0% | 2025 | 64.4% | 2022 |
| 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 |
$41,375 | $39,528 | ~$52,752 | $46,588 | 2023 | $27,335 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,615,878 | ~$2,223,915 | ~2.0139% | ~$44,788 | +29.4% |
| 2027 | ~$3,384,617 | ~$2,446,307 | ~1.9814% | ~$48,471 | +67.4% |
| 2028 | ~$4,379,268 | ~$2,690,937 | ~1.9488% | ~$52,442 | +116.6% |
| 2029 | ~$5,666,222 | ~$2,960,031 | ~1.9163% | ~$56,723 | +180.3% |
| 2030 | ~$7,331,377 | ~$3,256,034 | ~1.8837% | ~$61,335 | +262.6% |
| 2026 | ~$2,575,443 | ~$2,223,915 | ~2.0465% | ~$45,512 | +27.4% |
| 2027 | ~$3,280,791 | ~$2,446,307 | ~2.0465% | ~$50,063 | +62.3% |
| 2028 | ~$4,179,314 | ~$2,690,937 | ~2.0465% | ~$55,070 | +106.7% |
| 2029 | ~$5,323,920 | ~$2,960,031 | ~2.0465% | ~$60,577 | +163.3% |
| 2030 | ~$6,782,004 | ~$3,256,034 | ~2.0465% | ~$66,634 | +235.5% |
| 2026 | ~$2,656,313 | ~$2,223,915 | ~1.9977% | ~$44,426 | +31.4% |
| 2027 | ~$3,490,061 | ~$2,446,307 | ~1.9488% | ~$47,675 | +72.6% |
| 2028 | ~$4,585,501 | ~$2,690,937 | ~1.9000% | ~$51,128 | +126.8% |
| 2029 | ~$6,024,770 | ~$2,960,031 | ~1.8512% | ~$54,796 | +198.0% |
| 2030 | ~$7,915,789 | ~$3,256,034 | ~1.8024% | ~$58,686 | +291.5% |
In 2025, this property's market value of $2,021,741 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +43% 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 | $2,021,741 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,575,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,971,980 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,255,795 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $721,369 | $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.