206 E CESAR CHAVEZ ST TX 78702
| Owner | COUSINS-ONE CONGRESS PLAZA LLC |
|---|---|
| Parcel ID | 0205020907 |
| Short ID | 192839 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 16,477 SF |
| Land SF | 35,404 SF |
| Acres | 0.813 |
| Year Built | 1986 |
| Legal | LOT 1-6 BLOCK 007 ORIGINAL CITY (TOTAL SQ FT 35404) |
| Neighborhood | 50CBD |
| Land | $46,025,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $46,025,200 |
| Improvement | $23,364,789 |
|---|---|
| Total Improvement | $23,364,789 |
| Market | $69,389,989 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $69,389,989 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $69,389,989 |
| Taxable Value | $69,389,989 |
|---|
Appreciation: Market value has risen +89.8% from $36,555,115 (2021) to $69,389,989 (2025), a CAGR of 17.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $1,420,056. 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 66% of market value ($46,025,200 land vs $23,364,789 improvements), about $1,300/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $69,389,989, 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 +17.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $154,608,244 by 2030, with an estimated annual tax burden around $2,105,144. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 304,472 SF | ✗ |
| 187 | PARKING GARAGE | 287,995 SF | ✓ |
| SO | Sketch Only | 127,420 SF | ✗ |
| FBSMT | Finished Basement | 16,477 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% | $641,996.18 | $641,996.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $363,615.34 | $363,615.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $260,798.80 | $260,798.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $81,896.15 | $81,896.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $71,749.25 | $71,749.25 | Paid |
| P2U | — | — | — | — | — | — | $63,723.24 | $63,723.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,483,778.96 | $1,483,778.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $65,798,691 | $69,389,989 | -5.2% |
| Assessed Value | $65,798,691 | $69,389,989 | -5.2% |
| Land Value | $42,484,800 | $46,025,200 | -7.7% |
| Improvement Value | $23,313,891 | $23,364,789 | -0.2% |
| Taxable Value | $65,798,691 | $69,389,989 | -5.2% |
| Total Tax 2026 = estimate |
~$1,346,560
Estimated
|
~$1,483,779
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $65,798,691 | $65,798,691 | +0 (+0.0%) |
| Taxable Value | $65,798,691 | $65,798,691 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $65,798,691 | $42,484,800 | $23,313,891 | — | $65,798,691 | $65,798,691 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $69,389,989 | $46,025,200 | $23,364,789 | — | $69,389,989 | $69,389,989 | ~$1,483,779 | Partial |
| 2024 | $40,000,000 | — | — | — | $46,025,200 ! | $— | $1,072,586 | Verified |
| 2023 | $39,784,328 | — | — | — | $48,326,460 ! | $— | $769,986 | Verified |
| 2022 | $— | — | — | — | $24,163,230 | $— | $824,994 | Verified |
| 2021 | $36,555,115 | — | — | −$12,391,885 | $24,163,230 | $— | $905,261 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2025 | +34.1% | +34.1% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 2.0700% | Verified |
| 2023 | +25.4% | +25.4% | ~100% | 1.5400% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +74.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +19.4% | +18.7% | +73.5% | 2025 | -5.2% | 2026 |
| Assessment Ratio | 100.0% | 100.5% | — | 121.5% | 2023 | 66.1% | 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 |
$1,483,779 | $1,057,903 | ~$1,810,543 | $1,483,779 | 2025 | $769,986 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$81,448,668 | ~$76,328,988 | ~2.0139% | ~$1,537,217 | +17.4% |
| 2027 | ~$95,602,919 | ~$83,961,887 | ~1.9814% | ~$1,663,611 | +37.8% |
| 2028 | ~$112,216,913 | ~$92,358,075 | ~1.9488% | ~$1,799,911 | +61.7% |
| 2029 | ~$131,718,108 | ~$101,593,883 | ~1.9163% | ~$1,946,834 | +89.8% |
| 2030 | ~$154,608,244 | ~$111,753,271 | ~1.8837% | ~$2,105,144 | +122.8% |
| 2026 | ~$80,060,868 | ~$76,328,988 | ~2.0465% | ~$1,562,061 | +15.4% |
| 2027 | ~$92,372,728 | ~$83,961,887 | ~2.0465% | ~$1,718,267 | +33.1% |
| 2028 | ~$106,577,921 | ~$92,358,075 | ~2.0465% | ~$1,890,094 | +53.6% |
| 2029 | ~$122,967,606 | ~$101,593,883 | ~2.0465% | ~$2,079,104 | +77.2% |
| 2030 | ~$141,877,718 | ~$111,753,271 | ~2.0465% | ~$2,287,014 | +104.5% |
| 2026 | ~$82,836,467 | ~$76,328,988 | ~1.9977% | ~$1,524,795 | +19.4% |
| 2027 | ~$98,888,621 | ~$83,961,887 | ~1.9488% | ~$1,636,282 | +42.5% |
| 2028 | ~$118,051,381 | ~$92,358,075 | ~1.9000% | ~$1,754,819 | +70.1% |
| 2029 | ~$140,927,525 | ~$101,593,883 | ~1.8512% | ~$1,880,700 | +103.1% |
| 2030 | ~$168,236,636 | ~$111,753,271 | ~1.8024% | ~$2,014,209 | +142.5% |
In 2025, this property's market value of $69,389,989 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 49× 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 | $69,389,989 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $40,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $39,784,328 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $36,555,115 | $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.