814 SAN JACINTO BLVD TX 78701
| Owner | PEARSON JOHN B III 2017 LIVING TRUST |
|---|---|
| Parcel ID | 0206031408 |
| Short ID | 194476 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 28,485 SF |
| Land SF | 11,776 SF |
| Acres | 0.270 |
| Year Built | 1965 |
| Legal | LOTS 7 & 8 BLOCK 096 ORIGINAL CITY (TOTAL SQ FT 11776) |
| Neighborhood | 51CBD |
| Land | $4,121,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,121,600 |
| Improvement | $730,371 |
|---|---|
| Total Improvement | $730,371 |
| Market | $4,851,971 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,851,971 |
| Value Limitation Adjustment (−) (homestead cap) | −$919,173 |
| Net Appraised (assessed) | $3,932,798 |
| Taxable Value | $3,932,798 |
|---|
Appreciation: Market value has risen +8.2% from $4,483,400 (2021) to $4,851,971 (2025), a CAGR of 2.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $80,484. Austin ISD is the largest single contributor, at 43.5% of the total 2025 levy.
Assessment Gap: Assessed value ($3,932,798) is $919,173 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 85% of market value ($4,121,600 land vs $730,371 improvements), about $350/SF of land. With value concentrated in the land under a ~61-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 $4,851,971, 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 +2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,355,581 by 2030, with an estimated annual tax burden around $100,885. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 11,202 SF | ✓ |
| 4TH | 4th Floor | 11,202 SF | ✓ |
| 3RD | 3rd Floor | 11,202 SF | ✓ |
| 187 | PARKING GARAGE | 9,903 SF | ✓ |
| FBSMT | Finished Basement | 4,052 SF | ✓ |
| SO | Sketch Only | 2,142 SF | ✗ |
| 1ST | 1st Floor | 2,029 SF | ✓ |
| UBSMT | Unfinished Basement | 1,968 SF | ✓ |
| 297 | OBS BANK VAULT | 232 SF | ✓ |
| 501 | CANOPY | 174 SF | ✗ |
| 299 | ALL FLAT VALUE | 2 SF | ✓ |
Market value changed by 78% 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% | $36,386.25 | $36,386.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,608.53 | $20,608.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,781.22 | $14,781.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,641.61 | $4,641.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,066.51 | $4,066.51 | Paid |
| P2U | — | — | — | — | — | — | $3,175.34 | $3,175.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $83,659.46 | $83,659.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,408,321 | $4,851,971 | +114.5% |
| Assessed Value | $4,719,358 | $3,932,798 | +20.0% |
| Land Value | $14,131,200 | $4,121,600 | +242.9% |
| Improvement Value | — | $730,371 | — |
| Taxable Value | $4,719,358 | $3,932,798 | +20.0% |
| HS Cap Loss | -$5,688,963 | — | |
| Total Tax 2026 = estimate |
~$96,581
Estimated
|
~$83,659
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,408,321 | $10,408,321 | +0 (+0.0%) |
| Taxable Value | $4,719,358 | $4,719,358 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,408,321 | $14,131,200 | — | −$5,688,963 | $4,719,358 | $4,719,358 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,851,971 | $4,121,600 | $730,371 | −$919,173 | $3,932,798 | $3,932,798 | ~$83,659 | Partial |
| 2024 | $2,731,110 | — | — | — | $4,121,600 ! | $— | $67,520 | Verified |
| 2023 | $4,015,430 | — | — | −$1,306,950 | $2,708,480 | $— | $51,476 | Verified |
| 2022 | $4,299,000 | — | — | −$1,590,520 | $2,708,480 | $— | $82,817 | Verified |
| 2021 | $4,483,400 | — | — | −$1,774,920 | $2,708,480 | $— | $97,374 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +114.5% ! | +20.0% | 45.3% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 81.1% | Not available | Partial |
| 2024 | +77.7% ! | +20.0% | 67.6% | 1.3900% | Verified |
| 2023 | -32.0% | -32.0% | ~100% | 1.8800% | Verified |
| 2022 | -6.6% | -6.6% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +114.5% | +29.9% | -8.9% | +114.5% | 2026 | -32.0% | 2024 |
| Assessment Ratio | 45.3% | 78.0% | — | 150.9% | 2024 | 45.3% | 2026 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$83,659 | $76,569 | ~$96,649 | $97,374 | 2021 | $51,476 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,948,754 | ~$4,326,078 | ~2.0139% | ~$87,124 | +2.0% |
| 2027 | ~$5,047,468 | ~$4,758,686 | ~1.9814% | ~$94,288 | +4.0% |
| 2028 | ~$5,148,150 | ~$5,148,150 | ~1.9488% | ~$100,329 | +6.1% |
| 2029 | ~$5,250,841 | ~$5,250,841 | ~1.9163% | ~$100,621 | +8.2% |
| 2030 | ~$5,355,581 | ~$5,355,581 | ~1.8837% | ~$100,885 | +10.4% |
| 2026 | ~$4,851,715 | ~$4,326,078 | ~2.0465% | ~$88,533 | -0.0% |
| 2027 | ~$4,851,458 | ~$4,758,686 | ~2.0465% | ~$97,386 | -0.0% |
| 2028 | ~$4,851,202 | ~$4,851,202 | ~2.0465% | ~$99,279 | -0.0% |
| 2029 | ~$4,850,946 | ~$4,850,946 | ~2.0465% | ~$99,274 | -0.0% |
| 2030 | ~$4,850,689 | ~$4,850,689 | ~2.0465% | ~$99,269 | -0.0% |
| 2026 | ~$5,045,794 | ~$4,326,078 | ~1.9977% | ~$86,420 | +4.0% |
| 2027 | ~$5,247,359 | ~$4,758,686 | ~1.9488% | ~$92,739 | +8.1% |
| 2028 | ~$5,456,976 | ~$5,234,554 | ~1.9000% | ~$99,457 | +12.5% |
| 2029 | ~$5,674,967 | ~$5,674,967 | ~1.8512% | ~$105,055 | +17.0% |
| 2030 | ~$5,901,665 | ~$5,901,665 | ~1.8024% | ~$106,370 | +21.6% |
In 2025, this property's market value of $4,851,971 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,851,971 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,731,110 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $4,015,430 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,299,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,483,400 | $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.