810 SAN MARCOS ST TX 78702
| Owner | DAUGHTERS OF THE REPUBLIC OF TEXAS THE |
|---|---|
| Parcel ID | 0206050213 |
| Short ID | 194698 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 14,000 SF |
| Land SF | 22,910 SF |
| Acres | 0.526 |
| Year Built | 2023 |
| Legal | NE 145X158FT OLT 1 DIVISION B |
| Neighborhood | E2005 |
| Land | $3,436,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,436,500 |
| Improvement | $2,969,540 |
|---|---|
| Total Improvement | $2,969,540 |
| Market | $6,406,040 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,406,040 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,406,040 |
| Taxable Value | $6,406,040 |
|---|
Appreciation: Market value has risen +1730.3% from $350,000 (2021) to $6,406,040 (2025), a CAGR of 106.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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.
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 54% of market value ($3,436,500 land vs $2,969,540 improvements), about $150/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,406,040, 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 +106.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $242,516,699 by 2030, with an estimated annual tax burden around $0. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,000 SF | ✓ |
Market value changed by 555% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,540,170 | $6,406,040 | +2.1% |
| Assessed Value | $6,540,170 | $6,406,040 | +2.1% |
| Land Value | $3,436,500 | $3,436,500 | +0.0% |
| Improvement Value | $3,103,670 | $2,969,540 | +4.5% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,540,170 | $6,540,170 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,540,170 | $3,436,500 | $3,103,670 | — | $6,540,170 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,406,040 | $3,436,500 | $2,969,540 | — | $6,406,040 | $— | not in county billing file ⓘ | Partial |
| 2024 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $350,000 | — | — | — | $350,000 | $— | $367 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | +86.4% ! | +86.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +554.6% ! | +554.6% | ~100% | No billing data | Verified |
| 2022 | +50.0% | +50.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 0.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1730.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.1% | +866.2% | +106.0% | +1730.3% | 2025 | +2.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $367 | $367 | — | $367 | 2021 | $367 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,250,127 | ~$13,250,127 | ~0.0000% | ~$0 | +106.8% |
| 2027 | ~$27,406,303 | ~$27,406,303 | ~0.0000% | ~$0 | +327.8% |
| 2028 | ~$56,686,657 | ~$56,686,657 | ~0.0000% | ~$0 | +784.9% |
| 2029 | ~$117,249,567 | ~$117,249,567 | ~0.0000% | ~$0 | +1730.3% |
| 2030 | ~$242,516,699 | ~$242,516,699 | ~0.0000% | ~$0 | +3685.8% |
| 2026 | ~$13,122,006 | ~$13,122,006 | ~0.0000% | ~$0 | +104.8% |
| 2027 | ~$26,878,860 | ~$26,878,860 | ~0.0000% | ~$0 | +319.6% |
| 2028 | ~$55,058,128 | ~$55,058,128 | ~0.0000% | ~$0 | +759.5% |
| 2029 | ~$112,779,987 | ~$112,779,987 | ~0.0000% | ~$0 | +1660.5% |
| 2030 | ~$231,016,307 | ~$231,016,307 | ~0.0000% | ~$0 | +3506.2% |
| 2026 | ~$13,378,248 | ~$13,378,248 | ~0.0000% | ~$0 | +108.8% |
| 2027 | ~$27,938,870 | ~$27,938,870 | ~0.0000% | ~$0 | +336.1% |
| 2028 | ~$58,346,987 | ~$58,346,987 | ~0.0000% | ~$0 | +810.8% |
| 2029 | ~$121,850,700 | ~$121,850,700 | ~0.0000% | ~$0 | +1802.1% |
| 2030 | ~$254,470,606 | ~$254,470,606 | ~0.0000% | ~$0 | +3872.4% |
In 2025, this property's market value of $6,406,040 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 75× 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 | $6,406,040 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $350,000 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |