220 E 8 ST TX
| Owner | PEARSON JOHN B III 2017 LIVING TRUST |
|---|---|
| Parcel ID | 0206031412 |
| Short ID | 194478 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 34,431 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1973 |
| Legal | 50% OF IMPS ONLY ON LOT 6 BLOCK 096 ORIGINAL CITY |
| Neighborhood | 87004 |
| Land | $1,036,288 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,036,288 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,119,134 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,119,134 |
| Value Limitation Adjustment (−) (homestead cap) | −$127,423 |
| Net Appraised (assessed) | $1,991,711 |
| Taxable Value | $1,991,711 |
|---|
Appreciation: Market value has fallen -19.8% from $2,643,474 (2021) to $2,119,134 (2025), a CAGR of -5.4% over 4 years. Growth has been relatively flat for this asset class. 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 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 $40,760. Austin ISD is the largest single contributor, at 44.6% of the total 2025 levy.
Assessment Gap: Assessed value ($1,991,711) is $127,423 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 49% of market value ($1,036,288 land vs $0 improvements), about $176/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,119,134, 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 -5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,607,451 by 2030, with an estimated annual tax burden around $30,280. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 35,615 SF | ✗ |
| ADDL | Additional Floor | 34,671 SF | ✓ |
| 2ND | 2nd Floor | 11,557 SF | ✓ |
| 3RD | 3rd Floor | 11,557 SF | ✓ |
| 4TH | 4th Floor | 11,557 SF | ✓ |
| 5TH | 5th Floor | 11,557 SF | ✓ |
| 1ST | 1st Floor | 11,317 SF | ✓ |
| 581C | STORAGE ATT COMM | 240 SF | ✓ |
| 299 | ALL FLAT VALUE | 3 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 194478 | BARTLETT HEIRS LTD & NELLIE CLARK | 220 8 ST | $2,600,000 | $1,243,546 | $1,243,546 |
| 359129 | BARTLETT HEIRS LTD & NELLIE CLARK | 220 E 8 ST TX | $270,712 | $270,712 | $270,712 |
| 448111 | PEARSON JOHN B III | 220 E 8 ST TX | $270,712 | $270,712 | $270,712 |
| 5111449 | — | 220 8 ST | — | — | — |
| 5143274 | — | 220 8 ST | — | — | — |
| 6392436 | — | 220 8 ST | — | — | — |
| 6424260 | — | 220 8 ST | — | — | — |
| 7603625 | — | 220 8 ST | — | — | — |
| 7991176 | — | 220 8 ST | — | — | — |
Market value changed by 100% in 2026, 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% | $18,427.32 | $18,427.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,436.91 | $10,436.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,485.75 | $7,485.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,350.68 | $2,350.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,059.43 | $2,059.43 | Paid |
| P2U | — | — | — | — | — | — | $534.39 | $534.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,294.48 | $41,294.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,141,424 | $2,119,134 | +48.2% |
| Assessed Value | $1,784,970 | $1,991,711 | -10.4% |
| Land Value | $4,710,400 | $1,036,288 | +354.5% |
| Improvement Value | — | — | — |
| Taxable Value | $1,784,970 | $1,991,711 | -10.4% |
| HS Cap Loss | -$1,356,454 | — | |
| Total Tax 2026 = estimate |
~$36,529
Estimated
|
~$41,294
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,765,692 | $3,141,424 | -1,624,268 (-34.1%) |
| Taxable Value | $2,390,054 | $1,784,970 | -605,084 (-25.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,141,424 | $4,710,400 | — | −$1,356,454 | $1,784,970 | $1,784,970 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,119,134 | $1,036,288 | — | −$127,423 | $1,991,711 | $1,991,711 | ~$41,294 | Partial |
| 2024 | $5,135,620 | — | — | −$2,533,945 | $2,601,675 | $1,565,387 | $49,870 | Verified |
| 2023 | $4,333,244 | — | — | −$1,811,992 | $2,521,252 | $1,484,964 | $46,651 | Verified |
| 2022 | $2,234,197 | — | — | — | $2,460,429 ! | $1,424,141 | $49,711 | Verified |
| 2021 | $2,643,474 | — | — | −$1,607,186 | $1,036,288 | $— | $47,636 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +100.0% ! | +20.0% | 60.0% | Not available | Partial |
| 2025 | -50.0% | -50.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.5600% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0200% | Verified |
| 2021 | base year | — | ~100% | 1.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -50.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +48.2% | +17.3% | -11.5% | +94.0% | 2023 | -58.7% | 2025 |
| Assessment Ratio | 56.8% | 68.2% | — | 110.1% | 2022 | 39.2% | 2021 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$41,294 | $47,032 | ~$35,160 | $49,870 | 2024 | $41,294 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,005,184 | ~$2,005,184 | ~2.0139% | ~$40,383 | -5.4% |
| 2027 | ~$1,897,362 | ~$1,897,362 | ~1.9814% | ~$37,594 | -10.5% |
| 2028 | ~$1,795,337 | ~$1,795,337 | ~1.9488% | ~$34,988 | -15.3% |
| 2029 | ~$1,698,798 | ~$1,698,798 | ~1.9163% | ~$32,554 | -19.8% |
| 2030 | ~$1,607,451 | ~$1,607,451 | ~1.8837% | ~$30,280 | -24.1% |
| 2026 | ~$2,013,177 | ~$2,013,177 | ~2.0465% | ~$41,199 | -5.0% |
| 2027 | ~$1,912,518 | ~$1,912,518 | ~2.0465% | ~$39,139 | -9.8% |
| 2028 | ~$1,816,893 | ~$1,816,893 | ~2.0465% | ~$37,182 | -14.3% |
| 2029 | ~$1,726,048 | ~$1,726,048 | ~2.0465% | ~$35,323 | -18.5% |
| 2030 | ~$1,639,745 | ~$1,639,745 | ~2.0465% | ~$33,557 | -22.6% |
| 2026 | ~$2,047,567 | ~$2,047,567 | ~1.9977% | ~$40,903 | -3.4% |
| 2027 | ~$1,978,417 | ~$1,978,417 | ~1.9488% | ~$38,556 | -6.6% |
| 2028 | ~$1,911,602 | ~$1,911,602 | ~1.9000% | ~$36,321 | -9.8% |
| 2029 | ~$1,847,043 | ~$1,847,043 | ~1.8512% | ~$34,192 | -12.8% |
| 2030 | ~$1,784,665 | ~$1,784,665 | ~1.8024% | ~$32,166 | -15.8% |
In 2025, this property's market value of $2,119,134 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +49% 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 | $2,119,134 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $5,135,620 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,333,244 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,234,197 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,643,474 | $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.