115 SAN JACINTO BLVD TX 78701
| Owner | 115 SAN JACINTO RD LLC |
|---|---|
| Parcel ID | 0205021401 |
| Short ID | 192855 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 9,988 SF |
| Land SF | 12,390 SF |
| Acres | 0.284 |
| Year Built | 1947 |
| Legal | LOT 11-12 *& W 4.8FT OF LOT 10 BLOCK 008 ORIGINAL CITY |
| Neighborhood | 30CBD |
| Land | $9,912,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,912,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $5,140,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,140,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,140,000 |
| Taxable Value | $5,140,000 |
|---|
Appreciation: Market value has risen +17.9% from $4,360,000 (2021) to $5,140,000 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. 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 lagged 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 $105,189. Austin ISD is the largest single contributor, at 43.4% 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 193% of market value ($9,912,000 land vs $0 improvements), about $800/SF of land. With value concentrated in the land under a ~79-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 $5,140,000, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,314,063 by 2030, with an estimated annual tax burden around $118,941. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 9,988 SF | ✓ |
| 501 | CANOPY | 1,697 SF | ✗ |
| 611 | TERRACE | 1,677 SF | ✗ |
| 541 | FENCE COMM LF | 120 SF | ✗ |
Market value changed by 100% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $47,555.28 | $47,555.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,934.47 | $26,934.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,318.43 | $19,318.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,066.38 | $6,066.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,314.76 | $5,314.76 | Paid |
| P2U | — | — | — | — | — | — | $4,292.00 | $4,292.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $109,481.32 | $109,481.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,140,000 | $5,140,000 | +0.0% |
| Assessed Value | $5,140,000 | $5,140,000 | +0.0% |
| Land Value | $14,868,000 | $9,912,000 | +50.0% |
| Improvement Value | — | — | — |
| Taxable Value | $5,140,000 | $5,140,000 | +0.0% |
| Total Tax 2026 = estimate |
~$105,189
Estimated
|
~$109,481
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,140,000 | $5,140,000 | +0 (+0.0%) |
| Taxable Value | $5,140,000 | $5,140,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,140,000 | $14,868,000 | — | — | $5,140,000 | $5,140,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,140,000 | $9,912,000 | — | — | $5,140,000 | $5,140,000 | ~$109,481 | Partial |
| 2024 | $9,922,000 | — | — | −$4,806,325 | $5,115,675 | $— | $105,653 | Verified |
| 2023 | $4,966,000 | — | — | — | $9,912,000 ! | $— | $188,229 | Verified |
| 2022 | $4,403,000 | — | — | — | $4,956,000 ! | $— | $102,541 | Verified |
| 2021 | $4,360,000 | — | — | −$162,495 | $4,197,505 | $— | $99,742 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | -48.4% | -48.4% | ~100% | 2.0700% | Verified |
| 2023 | +99.8% ! | +99.8% | ~100% | 1.9000% | Verified |
| 2022 | +12.8% | +12.8% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +13.1% | +4.2% | +99.8% | 2024 | -48.2% | 2025 |
| Assessment Ratio | 100.0% | 110.0% | — | 199.6% | 2023 | 51.6% | 2024 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$109,481 | $121,129 | ~$113,366 | $188,229 | 2023 | $99,742 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,355,898 | ~$5,355,898 | ~2.0139% | ~$107,864 | +4.2% |
| 2027 | ~$5,580,864 | ~$5,580,864 | ~1.9814% | ~$110,579 | +8.6% |
| 2028 | ~$5,815,279 | ~$5,815,279 | ~1.9488% | ~$113,330 | +13.1% |
| 2029 | ~$6,059,541 | ~$6,059,541 | ~1.9163% | ~$116,118 | +17.9% |
| 2030 | ~$6,314,063 | ~$6,314,063 | ~1.8837% | ~$118,941 | +22.8% |
| 2026 | ~$5,253,098 | ~$5,253,098 | ~2.0465% | ~$107,504 | +2.2% |
| 2027 | ~$5,368,684 | ~$5,368,684 | ~2.0465% | ~$109,869 | +4.4% |
| 2028 | ~$5,486,814 | ~$5,486,814 | ~2.0465% | ~$112,287 | +6.7% |
| 2029 | ~$5,607,542 | ~$5,607,542 | ~2.0465% | ~$114,758 | +9.1% |
| 2030 | ~$5,730,928 | ~$5,730,928 | ~2.0465% | ~$117,283 | +11.5% |
| 2026 | ~$5,458,698 | ~$5,458,698 | ~1.9977% | ~$109,046 | +6.2% |
| 2027 | ~$5,797,156 | ~$5,797,156 | ~1.9488% | ~$112,977 | +12.8% |
| 2028 | ~$6,156,600 | ~$6,156,600 | ~1.9000% | ~$116,976 | +19.8% |
| 2029 | ~$6,538,330 | ~$6,538,330 | ~1.8512% | ~$121,037 | +27.2% |
| 2030 | ~$6,943,729 | ~$6,943,729 | ~1.8024% | ~$125,152 | +35.1% |
In 2025, this property's market value of $5,140,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,140,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,922,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,966,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,403,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,360,000 | $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.