1322 E 12 ST 101 TX
| Owner | JORDAN MICHAEL HOLDINGS LLC |
|---|---|
| Parcel ID | 0207282026 |
| Short ID | 931622 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,872 SF |
| Land SF | 2,095 SF |
| Acres | 0.048 |
| Year Built | 2019 |
| Legal | UNT 101 ANGELINA & 12TH CONDOMINIUMS PLUS 5.19 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $293,294 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $293,294 |
| Improvement | $1,086,080 |
|---|---|
| Total Improvement | $1,086,080 |
| Market | $1,379,374 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,379,374 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,379,374 |
| Taxable Value | $1,379,374 |
|---|
Appreciation: Market value has risen +256.6% from $386,800 (2021) to $1,379,374 (2025), a CAGR of 37.4% 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 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 $28,229. 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 21% of market value ($293,294 land vs $1,086,080 improvements), about $140/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,379,374, 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 +37.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,759,686 by 2030, with an estimated annual tax burden around $41,847. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,872 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 736 SF | ✗ |
Market value changed by 302% in 2024, 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% | $12,761.97 | $12,761.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,228.15 | $7,228.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,184.31 | $5,184.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,627.98 | $1,627.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,426.27 | $1,426.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,228.68 | $28,228.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,225,000 | $1,379,374 | -11.2% |
| Assessed Value | $1,225,000 | $1,379,374 | -11.2% |
| Land Value | $293,294 | $293,294 | +0.0% |
| Improvement Value | $931,706 | $1,086,080 | -14.2% |
| Taxable Value | $1,225,000 | $1,379,374 | -11.2% |
| Total Tax 2026 = estimate |
~$25,069
Estimated
|
~$28,229
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,481,057 | $1,225,000 | -256,057 (-17.3%) |
| Taxable Value | $1,481,057 | $1,225,000 | -256,057 (-17.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,225,000 | $293,294 | $931,706 | — | $1,225,000 | $1,225,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,379,374 | $293,294 | $1,086,080 | — | $1,379,374 | $1,379,374 | ~$28,229 | Partial |
| 2024 | $345,253 | — | — | −$51,959 | $293,294 | $— | $27,482 | Verified |
| 2023 | $925,890 | — | — | −$632,596 | $293,294 | $— | $6,246 | Verified |
| 2022 | $649,000 | — | — | −$481,403 | $167,597 | $— | $18,286 | Verified |
| 2021 | $386,800 | — | — | −$291,048 | $95,752 | $— | $14,127 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.4% | +7.4% | ~100% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | +301.7% ! | +301.7% | ~100% | 1.9800% | Verified |
| 2023 | -62.7% | -62.7% | ~100% | 1.8100% | Verified |
| 2022 | +39.4% | +39.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +107.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.2% | +67.2% | +40.9% | +299.5% | 2025 | -62.7% | 2024 |
| Assessment Ratio | 100.0% | 61.2% | — | 100.0% | 2025 | 24.8% | 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 |
$28,229 | $18,874 | ~$35,991 | $28,229 | 2025 | $6,246 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,895,531 | ~$1,517,311 | ~2.0139% | ~$30,558 | +37.4% |
| 2027 | ~$2,604,833 | ~$1,669,043 | ~1.9814% | ~$33,070 | +88.8% |
| 2028 | ~$3,579,552 | ~$1,835,947 | ~1.9488% | ~$35,780 | +159.5% |
| 2029 | ~$4,919,009 | ~$2,019,541 | ~1.9163% | ~$38,700 | +256.6% |
| 2030 | ~$6,759,686 | ~$2,221,496 | ~1.8837% | ~$41,847 | +390.1% |
| 2026 | ~$1,867,944 | ~$1,517,311 | ~2.0465% | ~$31,052 | +35.4% |
| 2027 | ~$2,529,563 | ~$1,669,043 | ~2.0465% | ~$34,157 | +83.4% |
| 2028 | ~$3,425,526 | ~$1,835,947 | ~2.0465% | ~$37,572 | +148.3% |
| 2029 | ~$4,638,836 | ~$2,019,541 | ~2.0465% | ~$41,330 | +236.3% |
| 2030 | ~$6,281,896 | ~$2,221,496 | ~2.0465% | ~$45,463 | +355.4% |
| 2026 | ~$1,923,119 | ~$1,517,311 | ~1.9977% | ~$30,311 | +39.4% |
| 2027 | ~$2,681,206 | ~$1,669,043 | ~1.9488% | ~$32,527 | +94.4% |
| 2028 | ~$3,738,128 | ~$1,835,947 | ~1.9000% | ~$34,883 | +171.0% |
| 2029 | ~$5,211,686 | ~$2,019,541 | ~1.8512% | ~$37,386 | +277.8% |
| 2030 | ~$7,266,115 | ~$2,221,496 | ~1.8024% | ~$40,040 | +426.8% |
In 2025, this property's market value of $1,379,374 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -3% 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 | $1,379,374 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $345,253 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $925,890 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $649,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $386,800 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.