1425 E 12 ST TX 78702
| Owner | 1425 E 12TH ST LLC |
|---|---|
| Parcel ID | 0207080724 |
| Short ID | 195874 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,144 SF |
| Land SF | 13,038 SF |
| Acres | 0.299 |
| Year Built | 1956 |
| Legal | 87.5 X 149 FT OF LOT 3 BLK 9 OLT 56 DIV B ROBERTSON GEO L SUBD |
| Neighborhood | 48CEN |
| Land | $1,303,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,303,800 |
| Improvement | $96,200 |
|---|---|
| Total Improvement | $96,200 |
| Market | $1,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,400,000 |
| Taxable Value | $1,400,000 |
|---|
Appreciation: Market value has risen +40.6% from $996,000 (2021) to $1,400,000 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $28,651. Austin ISD is the largest single contributor, at 45.2% 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 93% of market value ($1,303,800 land vs $96,200 improvements), about $100/SF of land. With value concentrated in the land under a ~70-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 $1,400,000, this parcel sits in the lower-middle (25th–50th 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,142,713 by 2030, with an estimated annual tax burden around $40,363. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,582 SF | ✗ |
| 1ST | 1st Floor | 1,144 SF | ✓ |
| 501 | CANOPY | 336 SF | ✗ |
| 531 | OBS FENCE | 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% | $12,952.80 | $12,952.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,336.24 | $7,336.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,261.83 | $5,261.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,652.32 | $1,652.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,447.60 | $1,447.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,650.79 | $28,650.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,400,000 | $1,400,000 | +0.0% |
| Assessed Value | $1,400,000 | $1,400,000 | +0.0% |
| Land Value | $1,303,800 | $1,303,800 | +0.0% |
| Improvement Value | $96,200 | $96,200 | +0.0% |
| Taxable Value | $1,400,000 | $1,400,000 | +0.0% |
| Total Tax 2026 = estimate |
~$28,651
Estimated
|
~$28,651
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,458,512 | $1,400,000 | -58,512 (-4.0%) |
| Taxable Value | $1,458,512 | $1,400,000 | -58,512 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,400,000 | $1,303,800 | $96,200 | — | $1,400,000 | $1,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,400,000 | $1,303,800 | $96,200 | — | $1,400,000 | $1,400,000 | ~$28,651 | Partial |
| 2024 | $1,350,000 | — | — | −$46,200 | $1,303,800 | $— | $27,745 | Verified |
| 2023 | $1,130,000 | — | — | — | $1,303,800 ! | $— | $24,425 | Verified |
| 2022 | $1,013,115 | — | — | — | $1,043,040 ! | $— | $22,317 | Verified |
| 2021 | $996,000 | — | — | −$83,340 | $912,660 | $— | $22,052 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.9800% | Verified |
| 2023 | +19.5% | +19.5% | ~100% | 1.8100% | Verified |
| 2022 | +11.5% | +11.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.3% | +8.9% | +19.5% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 101.1% | — | 115.4% | 2023 | 91.6% | 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 |
$28,651 | $25,038 | ~$35,376 | $28,651 | 2025 | $22,052 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,524,387 | ~$1,524,387 | ~2.0139% | ~$30,700 | +8.9% |
| 2027 | ~$1,659,825 | ~$1,659,825 | ~1.9814% | ~$32,888 | +18.6% |
| 2028 | ~$1,807,297 | ~$1,807,297 | ~1.9488% | ~$35,221 | +29.1% |
| 2029 | ~$1,967,871 | ~$1,967,871 | ~1.9163% | ~$37,710 | +40.6% |
| 2030 | ~$2,142,713 | ~$2,142,713 | ~1.8837% | ~$40,363 | +53.1% |
| 2026 | ~$1,496,387 | ~$1,496,387 | ~2.0465% | ~$30,623 | +6.9% |
| 2027 | ~$1,599,410 | ~$1,599,410 | ~2.0465% | ~$32,732 | +14.2% |
| 2028 | ~$1,709,526 | ~$1,709,526 | ~2.0465% | ~$34,985 | +22.1% |
| 2029 | ~$1,827,223 | ~$1,827,223 | ~2.0465% | ~$37,394 | +30.5% |
| 2030 | ~$1,953,023 | ~$1,953,023 | ~2.0465% | ~$39,968 | +39.5% |
| 2026 | ~$1,552,387 | ~$1,540,000 | ~1.9977% | ~$30,764 | +10.9% |
| 2027 | ~$1,721,361 | ~$1,694,000 | ~1.9488% | ~$33,013 | +23.0% |
| 2028 | ~$1,908,727 | ~$1,863,400 | ~1.9000% | ~$35,405 | +36.3% |
| 2029 | ~$2,116,488 | ~$2,049,740 | ~1.8512% | ~$37,945 | +51.2% |
| 2030 | ~$2,346,863 | ~$2,254,714 | ~1.8024% | ~$40,638 | +67.6% |
In 2025, this property's market value of $1,400,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -1% below 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 | $1,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,350,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,130,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,013,115 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $996,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.