500 CHICON ST TX 78702
| Owner | WINNER'S CRCL LLC |
|---|---|
| Parcel ID | 0204080916 |
| Short ID | 499312 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,972 SF |
| Land SF | 25,799 SF |
| Acres | 0.592 |
| Year Built | 1923 |
| Legal | LOT 1 BLK A 500 CHICON |
| Neighborhood | 53EAS |
| Land | $3,869,850 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,869,850 |
| Improvement | $3,086,645 |
|---|---|
| Total Improvement | $3,086,645 |
| Market | $6,956,495 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,956,495 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,956,495 |
| Taxable Value | $6,956,495 |
|---|
Appreciation: Market value has risen +110.5% from $3,304,600 (2021) to $6,956,495 (2025), a CAGR of 20.5% 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 $142,364. 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 56% of market value ($3,869,850 land vs $3,086,645 improvements), about $150/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,956,495, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,639,243 by 2030, with an estimated annual tax burden around $211,045. 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 | 10,000 SF | ✗ |
| 1ST | 1st Floor | 4,486 SF | ✓ |
| FBSMT | Finished Basement | 4,486 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 938 SF | ✗ |
| 501 | CANOPY | 324 SF | ✗ |
| 435 | FENCE IRON LF | 300 SF | ✗ |
| 328 | MEZZ COMM (STG) | 224 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $64,361.49 | $64,361.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $36,453.22 | $36,453.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $26,145.64 | $26,145.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,210.26 | $8,210.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,193.02 | $7,193.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $142,363.63 | $142,363.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,472,241 | $6,956,495 | -7.0% |
| Assessed Value | $6,472,241 | $6,956,495 | -7.0% |
| Land Value | $3,869,850 | $3,869,850 | +0.0% |
| Improvement Value | $2,602,391 | $3,086,645 | -15.7% |
| Taxable Value | $6,472,241 | $6,956,495 | -7.0% |
| Total Tax 2026 = estimate |
~$132,453
Estimated
|
~$142,364
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,472,241 | $6,472,241 | +0 (+0.0%) |
| Taxable Value | $6,472,241 | $6,472,241 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,472,241 | $3,869,850 | $2,602,391 | — | $6,472,241 | $6,472,241 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,956,495 | $3,869,850 | $3,086,645 | — | $6,956,495 | $6,956,495 | ~$142,364 | Partial |
| 2024 | $6,300,000 | — | — | −$2,430,150 | $3,869,850 | $— | $118,909 | Verified |
| 2023 | $5,255,900 | — | — | −$1,386,050 | $3,869,850 | $— | $113,983 | Verified |
| 2022 | $3,508,500 | — | — | −$283,625 | $3,224,875 | $— | $103,800 | Verified |
| 2021 | $3,304,600 | — | — | −$1,111,685 | $2,192,915 | $— | $76,369 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2025 | +15.9% | +15.9% | ~100% | Not available | Partial |
| 2024 | -18.7% | -18.7% | ~100% | 1.9800% | Verified |
| 2023 | +40.4% | +40.4% | ~100% | 1.5400% | Verified |
| 2022 | +49.8% | +49.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +98.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +15.9% | +22.3% | +49.8% | 2023 | -7.0% | 2026 |
| Assessment Ratio | 100.0% | 82.2% | — | 100.0% | 2025 | 61.4% | 2024 |
| 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 |
$142,364 | $111,085 | ~$181,511 | $142,364 | 2025 | $76,369 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,379,312 | ~$7,652,145 | ~2.0139% | ~$154,109 | +20.5% |
| 2027 | ~$10,093,139 | ~$8,417,359 | ~1.9814% | ~$166,781 | +45.1% |
| 2028 | ~$12,157,497 | ~$9,259,095 | ~1.9488% | ~$180,445 | +74.8% |
| 2029 | ~$14,644,079 | ~$10,185,004 | ~1.9163% | ~$195,174 | +110.5% |
| 2030 | ~$17,639,243 | ~$11,203,505 | ~1.8837% | ~$211,045 | +153.6% |
| 2026 | ~$8,240,182 | ~$7,652,145 | ~2.0465% | ~$156,600 | +18.5% |
| 2027 | ~$9,760,749 | ~$8,417,359 | ~2.0465% | ~$172,260 | +40.3% |
| 2028 | ~$11,561,908 | ~$9,259,095 | ~2.0465% | ~$189,486 | +66.2% |
| 2029 | ~$13,695,436 | ~$10,185,004 | ~2.0465% | ~$208,435 | +96.9% |
| 2030 | ~$16,222,665 | ~$11,203,505 | ~2.0465% | ~$229,278 | +133.2% |
| 2026 | ~$8,518,442 | ~$7,652,145 | ~1.9977% | ~$152,864 | +22.5% |
| 2027 | ~$10,431,094 | ~$8,417,359 | ~1.9488% | ~$164,041 | +49.9% |
| 2028 | ~$12,773,196 | ~$9,259,095 | ~1.9000% | ~$175,924 | +83.6% |
| 2029 | ~$15,641,171 | ~$10,185,004 | ~1.8512% | ~$188,544 | +124.8% |
| 2030 | ~$19,153,095 | ~$11,203,505 | ~1.8024% | ~$201,929 | +175.3% |
In 2025, this property's market value of $6,956,495 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,956,495 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,255,900 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,508,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,304,600 | $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.