207 CHALMERS AVE TX 78702
| Owner | HOUSING AUTHORITY OF CITY OF AUSTIN |
|---|---|
| Parcel ID | 0204080603 |
| Short ID | 191978 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,306 SF |
| Land SF | 16,564 SF |
| Acres | 0.380 |
| Year Built | 1920 |
| Legal | 16564.4000 SQFT OF BLK 1 OLT 22 DIVISION O |
| Neighborhood | 59EAS |
| Land | $2,070,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,070,550 |
| Improvement | $293,750 |
|---|---|
| Total Improvement | $293,750 |
| Market | $2,364,300 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,364,300 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,364,300 |
| Taxable Value | $2,364,300 |
|---|
Appreciation: Market value has risen +68.9% from $1,400,000 (2021) to $2,364,300 (2025), a CAGR of 14.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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.
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 ($2,070,550 land vs $293,750 improvements), about $125/SF of land. With value concentrated in the land under a ~106-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 $2,364,300, 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 +14.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,551,670 by 2030, with an estimated annual tax burden around $0. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,900 SF | ✗ |
| 1ST | 1st Floor | 1,628 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,494 SF | ✗ |
| 327 | STORAGE COMM'L | 1,375 SF | ✓ |
| 511 | DECK | 786 SF | ✗ |
| 2ND | 2nd Floor | 678 SF | ✓ |
| 501 | CANOPY | 36 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,588,894 | $2,364,300 | +9.5% |
| Assessed Value | $2,588,894 | $2,364,300 | +9.5% |
| Land Value | $2,070,550 | $2,070,550 | +0.0% |
| Improvement Value | $518,344 | $293,750 | +76.5% |
| Taxable Value | — | — | — |
| Exemptions | — | F | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,588,894 | $2,588,894 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,588,894 | $2,070,550 | $518,344 | — | $2,588,894 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,364,300 | $2,070,550 | $293,750 | — | $2,364,300 | $— | not in county billing file ⓘ | Partial |
| 2024 | $2,094,381 | — | — | −$23,831 | $2,070,550 | $— | $2,304 | Verified |
| 2023 | $2,094,381 | — | — | −$23,831 | $2,070,550 | $— | $37,893 | Verified |
| 2022 | $1,431,805 | — | — | — | $2,070,550 ! | $— | $41,634 | Verified |
| 2021 | $1,400,000 | — | — | — | $1,407,974 ! | $— | $31,166 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -0.6% | -0.6% | ~100% | 0.1000% | Verified |
| 2023 | +0.4% | +0.4% | ~100% | 1.5900% | Verified |
| 2022 | +65.5% | +65.5% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.5% | +14.2% | +12.0% | +46.3% | 2023 | +0.0% | 2024 |
| Assessment Ratio | 100.0% | 107.2% | — | 144.6% | 2022 | 98.9% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $2,304 | $28,249 | — | $41,634 | 2022 | $2,304 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,695,232 | ~$2,600,730 | ~0.0000% | ~$0 | +14.0% |
| 2027 | ~$3,072,486 | ~$2,860,803 | ~0.0000% | ~$0 | +30.0% |
| 2028 | ~$3,502,543 | ~$3,146,883 | ~0.0000% | ~$0 | +48.1% |
| 2029 | ~$3,992,796 | ~$3,461,572 | ~0.0000% | ~$0 | +68.9% |
| 2030 | ~$4,551,670 | ~$3,807,729 | ~0.0000% | ~$0 | +92.5% |
| 2026 | ~$2,647,946 | ~$2,600,730 | ~0.0000% | ~$0 | +12.0% |
| 2027 | ~$2,965,622 | ~$2,860,803 | ~0.0000% | ~$0 | +25.4% |
| 2028 | ~$3,321,409 | ~$3,146,883 | ~0.0000% | ~$0 | +40.5% |
| 2029 | ~$3,719,881 | ~$3,461,572 | ~0.0000% | ~$0 | +57.3% |
| 2030 | ~$4,166,157 | ~$3,807,729 | ~0.0000% | ~$0 | +76.2% |
| 2026 | ~$2,742,518 | ~$2,600,730 | ~0.0000% | ~$0 | +16.0% |
| 2027 | ~$3,181,241 | ~$2,860,803 | ~0.0000% | ~$0 | +34.6% |
| 2028 | ~$3,690,145 | ~$3,146,883 | ~0.0000% | ~$0 | +56.1% |
| 2029 | ~$4,280,460 | ~$3,461,572 | ~0.0000% | ~$0 | +81.0% |
| 2030 | ~$4,965,208 | ~$3,807,729 | ~0.0000% | ~$0 | +110.0% |
In 2025, this property's market value of $2,364,300 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +67% 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 | $2,364,300 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,094,381 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,094,381 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,431,805 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,400,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |