206 E 9 ST TX 78701
| Owner | CAPITOL TOWER INCOME PARTNERS LLC |
|---|---|
| Parcel ID | 0206031502 |
| Short ID | 194482 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 7,513 SF |
| Land SF | 29,440 SF |
| Acres | 0.676 |
| Year Built | 1984 |
| Legal | LOT 2-6 BLOCK 112 ORIGINAL CITY (TOTAL SQ FT 29440) |
| Neighborhood | 50CBD |
| Land | $19,136,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,136,000 |
| Improvement | $12,816,192 |
|---|---|
| Total Improvement | $12,816,192 |
| Market | $31,952,192 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $31,952,192 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $31,952,192 |
| Taxable Value | $31,952,192 |
|---|
Appreciation: Market value has fallen -71.4% from $111,669,487 (2021) to $31,952,192 (2025), a CAGR of -26.9% 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 $653,897. 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 60% of market value ($19,136,000 land vs $12,816,192 improvements), about $650/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $31,952,192, 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 -26.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,686,646 by 2030, with an estimated annual tax burden around $125,959. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 325,039 SF | ✓ |
| SO | Sketch Only | 325,039 SF | ✗ |
| 491 | SPRINKLER HEADS | 178,606 SF | ✗ |
| ADDL | Additional Floor | 171,093 SF | ✓ |
| 1ST | 1st Floor | 4,339 SF | ✓ |
| 2ND | 2nd Floor | 3,174 SF | ✓ |
| 335 | PENTHOUSE | 2,124 SF | ✓ |
| 501 | CANOPY | 420 SF | ✗ |
| 333 | MECHANICAL RM FV | 1 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% | $295,621.68 | $295,621.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $167,434.92 | $167,434.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $120,090.72 | $120,090.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $37,710.94 | $37,710.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,038.57 | $33,038.57 | Paid |
| P2U | — | — | — | — | — | — | $29,093.28 | $29,093.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $682,990.11 | $682,990.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $50,802,891 | $31,952,192 | +59.0% |
| Assessed Value | $50,802,891 | $31,952,192 | +59.0% |
| Land Value | $35,328,000 | $19,136,000 | +84.6% |
| Improvement Value | $15,474,891 | $12,816,192 | +20.7% |
| Taxable Value | $50,802,891 | $31,952,192 | +59.0% |
| Total Tax 2026 = estimate |
~$1,039,674
Estimated
|
~$682,990
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $50,802,891 | $50,802,891 | +0 (+0.0%) |
| Taxable Value | $50,802,891 | $50,802,891 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $50,802,891 | $35,328,000 | $15,474,891 | — | $50,802,891 | $50,802,891 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $31,952,192 | $19,136,000 | $12,816,192 | — | $31,952,192 | $31,952,192 | ~$682,990 | Partial |
| 2024 | $85,100,000 | — | — | −$65,964,000 | $19,136,000 | $— | $866,571 | Verified |
| 2023 | $103,967,590 | — | — | −$84,831,590 | $19,136,000 | $— | $1,622,882 | Verified |
| 2022 | $110,004,216 | — | — | −$90,868,216 | $19,136,000 | $— | $2,156,747 | Verified |
| 2021 | $111,669,487 | — | — | −$92,533,487 | $19,136,000 | $— | $2,503,943 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +59.0% | +59.0% | ~100% | Not available | Partial |
| 2025 | -58.4% | -58.4% | ~100% | Not available | Partial |
| 2024 | -14.8% | -14.8% | ~100% | 1.1300% | Verified |
| 2023 | -13.3% | -13.3% | ~100% | 1.8000% | Verified |
| 2022 | -5.5% | -5.5% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -71.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +59.0% | -5.7% | -32.3% | +59.0% | 2026 | -62.5% | 2025 |
| Assessment Ratio | 100.0% | 45.9% | — | 100.0% | 2025 | 17.1% | 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 |
$682,990 | $1,566,627 | ~$270,812 | $2,503,943 | 2021 | $682,990 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$23,369,111 | ~$23,369,111 | ~2.0139% | ~$470,639 | -26.9% |
| 2027 | ~$17,091,640 | ~$17,091,640 | ~1.9814% | ~$338,652 | -46.5% |
| 2028 | ~$12,500,439 | ~$12,500,439 | ~1.9488% | ~$243,613 | -60.9% |
| 2029 | ~$9,142,538 | ~$9,142,538 | ~1.9163% | ~$175,198 | -71.4% |
| 2030 | ~$6,686,646 | ~$6,686,646 | ~1.8837% | ~$125,959 | -79.1% |
| 2026 | ~$30,354,582 | ~$30,354,582 | ~2.0465% | ~$621,202 | -5.0% |
| 2027 | ~$28,836,853 | ~$28,836,853 | ~2.0465% | ~$590,142 | -9.8% |
| 2028 | ~$27,395,011 | ~$27,395,011 | ~2.0465% | ~$560,635 | -14.3% |
| 2029 | ~$26,025,260 | ~$26,025,260 | ~2.0465% | ~$532,603 | -18.5% |
| 2030 | ~$24,723,997 | ~$24,723,997 | ~2.0465% | ~$505,973 | -22.6% |
| 2026 | ~$24,008,155 | ~$24,008,155 | ~1.9977% | ~$479,602 | -24.9% |
| 2027 | ~$18,039,185 | ~$18,039,185 | ~1.9488% | ~$351,555 | -43.5% |
| 2028 | ~$13,554,236 | ~$13,554,236 | ~1.9000% | ~$257,533 | -57.6% |
| 2029 | ~$10,184,346 | ~$10,184,346 | ~1.8512% | ~$188,532 | -68.1% |
| 2030 | ~$7,652,288 | ~$7,652,288 | ~1.8024% | ~$137,923 | -76.1% |
In 2025, this property's market value of $31,952,192 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 23× 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 | $31,952,192 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $85,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $103,967,590 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $110,004,216 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $111,669,487 | $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.