707 E CESAR CHAVEZ ST TX 78702
| Owner | WC 707 CESAR CHAVEZ LLC |
|---|---|
| Parcel ID | 0204041108 |
| Short ID | 191603 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,633 SF |
| Land SF | 33,372 SF |
| Acres | 0.766 |
| Year Built | 1993 |
| Legal | LOT 7-10 BLOCK 190 ORIGINAL CITY |
| Neighborhood | 32CBD |
| Land | $30,368,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,368,520 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $26,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,750,000 |
| Taxable Value | $26,750,000 |
|---|
Appreciation: Market value has risen +50.9% from $17,724,584 (2021) to $26,750,000 (2025), a CAGR of 10.8% 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 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 $547,435. Austin ISD is the largest single contributor, at 43.3% 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 114% of market value ($30,368,520 land vs $0 improvements), about $910/SF of land. With value concentrated in the land under a ~33-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 $26,750,000, this parcel sits in the top quartile (≥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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $44,746,437 by 2030, with an estimated annual tax burden around $811,538. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 19,200 SF | ✗ |
| 1ST | 1st Floor | 4,633 SF | ✓ |
| 491 | SPRINKLER HEADS | 4,633 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $247,491.00 | $247,491.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $140,174.55 | $140,174.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $100,538.54 | $100,538.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,571.15 | $31,571.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,659.50 | $27,659.50 | Paid |
| P2U | — | — | — | — | — | — | $24,281.25 | $24,281.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $571,715.99 | $571,715.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,160,436 | $26,750,000 | -5.9% |
| Assessed Value | $25,160,436 | $26,750,000 | -5.9% |
| Land Value | $25,029,000 | $30,368,520 | -17.6% |
| Improvement Value | $131,436 | — | — |
| Taxable Value | $25,160,436 | $26,750,000 | -5.9% |
| Total Tax 2026 = estimate |
~$514,905
Estimated
|
~$571,716
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $25,160,436 | $25,160,436 | +0 (+0.0%) |
| Taxable Value | $25,160,436 | $25,160,436 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $25,160,436 | $25,029,000 | $131,436 | — | $25,160,436 | $25,160,436 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,750,000 | $30,368,520 | — | — | $26,750,000 | $26,750,000 | ~$571,716 | Partial |
| 2024 | $27,947,273 | — | — | — | $28,199,340 ! | $— | $555,885 | Verified |
| 2023 | $17,353,440 | — | — | — | $27,947,273 ! | $— | $477,880 | Verified |
| 2022 | $16,237,115 | — | — | — | $17,353,440 ! | $— | $359,571 | Verified |
| 2021 | $17,724,584 | — | — | −$1,661,024 | $16,063,560 | $— | $369,167 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | +0.9% | +0.9% | ~100% | 1.9700% | Verified |
| 2023 | +61.0% | +61.0% | ~100% | 1.7100% | Verified |
| 2022 | +6.9% | +6.9% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.9% | +9.9% | +12.2% | +61.0% | 2024 | -8.4% | 2022 |
| Assessment Ratio | 100.0% | 109.9% | — | 161.0% | 2023 | 90.6% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$571,716 | $466,844 | ~$697,969 | $571,716 | 2025 | $359,571 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$29,649,046 | ~$29,425,000 | ~2.0139% | ~$592,601 | +10.8% |
| 2027 | ~$32,862,277 | ~$32,367,500 | ~1.9814% | ~$641,326 | +22.8% |
| 2028 | ~$36,423,744 | ~$35,604,250 | ~1.9488% | ~$693,870 | +36.2% |
| 2029 | ~$40,371,187 | ~$39,164,675 | ~1.9163% | ~$750,509 | +50.9% |
| 2030 | ~$44,746,437 | ~$43,081,143 | ~1.8837% | ~$811,538 | +67.3% |
| 2026 | ~$29,114,046 | ~$29,114,046 | ~2.0465% | ~$595,815 | +8.8% |
| 2027 | ~$31,687,015 | ~$31,687,015 | ~2.0465% | ~$648,470 | +18.5% |
| 2028 | ~$34,487,372 | ~$34,487,372 | ~2.0465% | ~$705,779 | +28.9% |
| 2029 | ~$37,535,213 | ~$37,535,213 | ~2.0465% | ~$768,153 | +40.3% |
| 2030 | ~$40,852,407 | ~$40,852,407 | ~2.0465% | ~$836,038 | +52.7% |
| 2026 | ~$30,184,046 | ~$29,425,000 | ~1.9977% | ~$587,812 | +12.8% |
| 2027 | ~$34,058,939 | ~$32,367,500 | ~1.9488% | ~$630,791 | +27.3% |
| 2028 | ~$38,431,274 | ~$35,604,250 | ~1.9000% | ~$676,487 | +43.7% |
| 2029 | ~$43,364,909 | ~$39,164,675 | ~1.8512% | ~$725,014 | +62.1% |
| 2030 | ~$48,931,903 | ~$43,081,143 | ~1.8024% | ~$776,482 | +82.9% |
In 2025, this property's market value of $26,750,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $26,750,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $27,947,273 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $17,353,440 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,237,115 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $17,724,584 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.