807 E 8 ST TX 78702
| Owner | RPC EAST 9TH ST LLC |
|---|---|
| Parcel ID | 0206050208 |
| Short ID | 194694 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 24,116 SF |
| Land SF | 13,617 SF |
| Acres | 0.313 |
| Year Built | 2023 |
| Legal | LOT 2 OLT 1 DIV B ROBERTSON S & L M SOUTH PART |
| Neighborhood | 1EC2 |
| Land | $2,042,529 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,042,529 |
| Improvement | $3,889,663 |
|---|---|
| Total Improvement | $3,889,663 |
| Market | $5,932,192 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,932,192 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,932,192 |
| Taxable Value | $5,932,192 |
|---|
Appreciation: Market value has risen +674.5% from $765,900 (2021) to $5,932,192 (2025), a CAGR of 66.8% over 4 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $121,401. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 34% of market value ($2,042,529 land vs $3,889,663 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,932,192, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +66.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $76,651,227 by 2030, with an estimated annual tax burden around $179,970. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 487 | PARKING UNDER | 15,408 SF | ✓ |
| 1ST | 1st Floor | 12,058 SF | ✓ |
| 2ND | 2nd Floor | 12,058 SF | ✓ |
Market value changed by 111% 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% | $54,884.64 | $54,884.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,085.69 | $31,085.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,295.85 | $22,295.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,001.35 | $7,001.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,133.89 | $6,133.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $121,401.42 | $121,401.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,477,045 | $5,932,192 | +42.9% |
| Assessed Value | $8,477,045 | $5,932,192 | +42.9% |
| Land Value | $2,042,529 | $2,042,529 | +0.0% |
| Improvement Value | $6,434,516 | $3,889,663 | +65.4% |
| Taxable Value | $8,477,045 | $5,932,192 | +42.9% |
| Total Tax 2026 = estimate |
~$173,481
Estimated
|
~$121,401
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,477,045 | $8,477,045 | +0 (+0.0%) |
| Taxable Value | $8,477,045 | $8,477,045 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,477,045 | $2,042,529 | $6,434,516 | — | $8,477,045 | $8,477,045 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,932,192 | $2,042,529 | $3,889,663 | — | $5,932,192 | $5,932,192 | ~$121,401 | Partial |
| 2024 | $1,941,299 | — | — | — | $2,042,529 ! | $— | $120,669 | Verified |
| 2023 | $— | — | — | — | $1,021,200 | $— | $35,123 | Verified |
| 2022 | $— | — | — | — | $851,000 | $— | $16,807 | Verified |
| 2021 | $765,900 | — | — | — | $765,900 | $— | $16,671 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.9% | +42.9% | ~100% | Not available | Partial |
| 2025 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2024 | +213.6% ! | +213.6% | ~100% | 1.9800% | Verified |
| 2023 | +111.2% ! | +111.2% | ~100% | 1.8100% | Verified |
| 2022 | +20.0% | +20.0% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +674.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.9% | +134.0% | +56.8% | +205.6% | 2025 | +42.9% | 2026 |
| Assessment Ratio | 100.0% | 101.3% | — | 105.2% | 2024 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$121,401 | $86,247 | ~$154,784 | $121,401 | 2025 | $16,671 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,896,371 | ~$6,525,411 | ~2.0139% | ~$131,418 | +66.8% |
| 2027 | ~$16,509,608 | ~$7,177,952 | ~1.9814% | ~$142,223 | +178.3% |
| 2028 | ~$27,542,131 | ~$7,895,748 | ~1.9488% | ~$153,875 | +364.3% |
| 2029 | ~$45,947,124 | ~$8,685,322 | ~1.9163% | ~$166,436 | +674.5% |
| 2030 | ~$76,651,227 | ~$9,553,855 | ~1.8837% | ~$179,970 | +1192.1% |
| 2026 | ~$9,777,727 | ~$6,525,411 | ~2.0465% | ~$133,542 | +64.8% |
| 2027 | ~$16,116,126 | ~$7,177,952 | ~2.0465% | ~$146,896 | +171.7% |
| 2028 | ~$26,563,383 | ~$7,895,748 | ~2.0465% | ~$161,585 | +347.8% |
| 2029 | ~$43,783,060 | ~$8,685,322 | ~2.0465% | ~$177,744 | +638.1% |
| 2030 | ~$72,165,370 | ~$9,553,855 | ~2.0465% | ~$195,518 | +1116.5% |
| 2026 | ~$10,015,015 | ~$6,525,411 | ~1.9977% | ~$130,356 | +68.8% |
| 2027 | ~$16,907,836 | ~$7,177,952 | ~1.9488% | ~$139,887 | +185.0% |
| 2028 | ~$28,544,631 | ~$7,895,748 | ~1.9000% | ~$150,021 | +381.2% |
| 2029 | ~$48,190,435 | ~$8,685,322 | ~1.8512% | ~$160,782 | +712.4% |
| 2030 | ~$81,357,436 | ~$9,553,855 | ~1.8024% | ~$172,196 | +1271.5% |
In 2025, this property's market value of $5,932,192 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 70× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $5,932,192 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,941,299 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $765,900 | $6,000 | $14,480 | $80,000 | ↑ 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.