702 SAN ANTONIO ST TX 78701
| Owner | 702 SAN ANTONIO PARTNERS LTD |
|---|---|
| Parcel ID | 0206010504 |
| Short ID | 194255 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 5,345 SF |
| Land SF | 2,601 SF |
| Acres | 0.060 |
| Year Built | 1910 |
| Legal | CEN 37.7FT LOT 4 BLOCK 079 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $520,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $520,200 |
| Improvement | $1,677,432 |
|---|---|
| Total Improvement | $1,677,432 |
| Market | $2,197,632 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,197,632 |
| Value Limitation Adjustment (−) (homestead cap) | −$52,032 |
| Net Appraised (assessed) | $2,145,600 |
| Exemptions (−) (HT) | −$968,766 |
|---|---|
| Taxable Value | $1,176,834 |
Appreciation: Market value has risen +42.0% from $1,547,141 (2021) to $2,197,632 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $24,084. Austin ISD is the largest single contributor, at 45.7% of the total 2025 levy.
Assessment Gap: Assessed value ($2,145,600) is $52,032 below market value, suggesting potential for an upward assessment in future years.
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 24% of market value ($520,200 land vs $1,677,432 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~116 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,197,632, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,407,896 by 2030, with an estimated annual tax burden around $64,196. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 1,875 SF | ✓ |
| 1ST | 1st Floor | 1,827 SF | ✓ |
| 3RD | 3rd Floor | 1,643 SF | ✓ |
| 4TH | 4th Floor | 1,643 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 358 SF | ✗ |
| 014C | PORCH OPEN 4 COMM | 358 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 254 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 126 SF | ✗ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
Market value changed by 82% in 2024, 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% | $15,369.58 | $15,369.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,243.31 | $11,243.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,423.07 | $4,423.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,388.93 | $1,388.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,216.85 | $1,216.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,641.74 | $33,641.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,129,803 | $2,197,632 | +42.4% |
| Assessed Value | $2,574,720 | $2,145,600 | +20.0% |
| Land Value | $468,180 | $520,200 | -10.0% |
| Improvement Value | $2,661,623 | $1,677,432 | +58.7% |
| Taxable Value | $1,383,647 | $1,176,834 | +17.6% |
| Exemptions | HT | HT | |
| HS Cap Loss | -$555,083 | — | |
| Total Tax 2026 = estimate |
~$28,316
Estimated
|
~$33,642
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,129,803 | $3,129,803 | +0 (+0.0%) |
| Taxable Value | $1,383,647 | $1,383,647 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,129,803 | $468,180 | $2,661,623 | −$555,083 | $2,574,720 | $1,383,647 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,197,632 | $520,200 | $1,677,432 | −$52,032 | $2,145,600 | $1,176,834 | ~$33,642 | Partial |
| 2024 | $1,490,000 | — | — | −$969,800 | $520,200 | $— | $24,117 | Verified |
| 2023 | $1,606,592 | — | — | −$1,216,442 | $390,150 | $— | $18,664 | Verified |
| 2022 | $1,752,951 | — | — | −$1,362,801 | $390,150 | $— | $22,004 | Verified |
| 2021 | $1,547,141 | — | — | −$1,156,991 | $390,150 | $— | $26,152 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.4% | +20.0% | 82.3% | Not available | Partial |
| 2025 | -18.9% | +20.0% | 97.6% | Not available | Partial |
| 2024 | +81.8% ! | +20.0% | 66.0% | 0.8900% | Verified |
| 2023 | -7.3% | -7.3% | ~100% | 1.2500% | Verified |
| 2022 | -8.5% | -8.5% | ~100% | 1.3700% | Verified |
| 2021 | base year | — | ~100% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.4% | +17.5% | +2.7% | +47.5% | 2025 | -8.3% | 2023 |
| Assessment Ratio | 82.3% | 47.8% | — | 97.6% | 2025 | 22.3% | 2022 |
| Effective Tax Rate (2025) | 1.5300% | 1.5300% | — | 1.5300% | 2025 | 1.5300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$33,642 | $24,916 | ~$55,728 | $33,642 | 2025 | $18,664 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,399,171 | ~$2,360,160 | ~2.0139% | ~$47,532 | +9.2% |
| 2027 | ~$2,619,193 | ~$2,596,176 | ~1.9814% | ~$51,440 | +19.2% |
| 2028 | ~$2,859,393 | ~$2,855,794 | ~1.9488% | ~$55,655 | +30.1% |
| 2029 | ~$3,121,620 | ~$3,121,620 | ~1.9163% | ~$59,819 | +42.0% |
| 2030 | ~$3,407,896 | ~$3,407,896 | ~1.8837% | ~$64,196 | +55.1% |
| 2026 | ~$2,355,219 | ~$2,355,219 | ~2.0465% | ~$48,199 | +7.2% |
| 2027 | ~$2,524,105 | ~$2,524,105 | ~2.0465% | ~$51,655 | +14.9% |
| 2028 | ~$2,705,102 | ~$2,705,102 | ~2.0465% | ~$55,360 | +23.1% |
| 2029 | ~$2,899,078 | ~$2,899,078 | ~2.0465% | ~$59,329 | +31.9% |
| 2030 | ~$3,106,964 | ~$3,106,964 | ~2.0465% | ~$63,584 | +41.4% |
| 2026 | ~$2,443,124 | ~$2,360,160 | ~1.9977% | ~$47,148 | +11.2% |
| 2027 | ~$2,716,039 | ~$2,596,176 | ~1.9488% | ~$50,595 | +23.6% |
| 2028 | ~$3,019,441 | ~$2,855,794 | ~1.9000% | ~$54,261 | +37.4% |
| 2029 | ~$3,356,735 | ~$3,141,373 | ~1.8512% | ~$58,153 | +52.7% |
| 2030 | ~$3,731,707 | ~$3,455,510 | ~1.8024% | ~$62,281 | +69.8% |
In 2025, this property's market value of $2,197,632 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +55% 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 | $2,197,632 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,490,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,606,592 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,752,951 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,547,141 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.