805 W 10 ST 302 TX
| Owner | JTR DEVELOPMENT LLC |
|---|---|
| Parcel ID | 0208000626 |
| Short ID | 196597 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 3,955 SF |
| Land SF | 24,519 SF |
| Acres | 0.563 |
| Year Built | 1969 |
| Legal | UNT 302&400 BLD B CHANCELLORS OFFICE PARK CONDOMINIUMS AMENDED PLUS .3894%INT IN COMMON AREA |
| Neighborhood | 23CBD02 |
| Land | $2,451,859 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,451,859 |
| Improvement | $867,355 |
|---|---|
| Total Improvement | $867,355 |
| Market | $3,319,214 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,319,214 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,319,214 |
| Taxable Value | $3,319,214 |
|---|
Appreciation: Market value has risen +57.4% from $2,108,571 (2021) to $3,319,214 (2025), a CAGR of 12.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $67,927. 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 74% of market value ($2,451,859 land vs $867,355 improvements), about $100/SF of land. With value concentrated in the land under a ~57-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 $3,319,214, this parcel sits in the upper-middle (50th–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 +12.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,852,535 by 2030, with an estimated annual tax burden around $100,698. 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 | 3,955 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 196597 | COHEN MARK & RICHARD THORMANN | 805 10 ST 100 78701 | $466,471 | $312,744 | $312,744 |
| 196598 | HEJL DANIEL P & LINDA K HEJL | 805 10 ST 101 78701 | $466,471 | $312,744 | $312,744 |
| 196601 | JTR DEVELOPMENT LLC | 805 10 ST 300 78701 | $601,596 | $542,104 | $542,104 |
| 196602 | WEIDMANN DUKE & MONICA | 805 10 ST 302 78701 | $771,898 | $528,862 | $528,862 |
| 948091 | JTR DEVELOPMENT LLC | 805 10 ST 302 | $2,741,849 | $2,286,604 | $2,286,604 |
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% | $30,709.37 | $30,709.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,393.24 | $17,393.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,475.11 | $12,475.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,917.43 | $3,917.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,432.06 | $3,432.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $67,927.21 | $67,927.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,048,285 | $3,319,214 | +52.1% |
| Assessed Value | $3,983,058 | $3,319,214 | +20.0% |
| Land Value | $4,903,718 | $2,451,859 | +100.0% |
| Improvement Value | $748,126 | $867,355 | -13.7% |
| Taxable Value | $3,983,058 | $3,319,214 | +20.0% |
| HS Cap Loss | -$1,065,227 | — | |
| Total Tax 2026 = estimate |
~$81,513
Estimated
|
~$67,927
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,048,285 | $5,048,285 | +0 (+0.0%) |
| Taxable Value | $3,983,058 | $3,983,058 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,048,285 | $4,903,718 | $748,126 | −$1,065,227 | $3,983,058 | $3,983,058 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,319,214 | $2,451,859 | $867,355 | — | $3,319,214 | $3,319,214 | ~$67,927 | Partial |
| 2024 | $3,575,999 | — | — | −$1,124,140 | $2,451,859 | $— | $69,374 | Verified |
| 2023 | $3,337,061 | — | — | −$885,202 | $2,451,859 | $— | $64,699 | Verified |
| 2022 | $3,350,270 | — | — | −$898,411 | $2,451,859 | $— | $65,904 | Verified |
| 2021 | $2,108,571 | — | — | — | $2,451,859 ! | $— | $72,925 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +43.9% | +20.0% | 83.4% | Not available | Partial |
| 2025 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | +5.5% | +5.5% | ~100% | 1.7800% | Verified |
| 2022 | -0.4% | -0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +52.1% | +22.1% | +4.3% | +58.9% | 2022 | -7.2% | 2025 |
| Assessment Ratio | 78.9% | 85.1% | — | 116.3% | 2021 | 68.6% | 2024 |
| 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 |
$67,927 | $68,166 | ~$86,606 | $72,925 | 2021 | $64,699 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,717,894 | ~$3,651,135 | ~2.0139% | ~$73,532 | +12.0% |
| 2027 | ~$4,164,461 | ~$4,016,249 | ~1.9814% | ~$79,577 | +25.5% |
| 2028 | ~$4,664,666 | ~$4,417,874 | ~1.9488% | ~$86,097 | +40.5% |
| 2029 | ~$5,224,952 | ~$4,859,661 | ~1.9163% | ~$93,125 | +57.4% |
| 2030 | ~$5,852,535 | ~$5,345,627 | ~1.8837% | ~$100,698 | +76.3% |
| 2026 | ~$3,651,510 | ~$3,651,135 | ~2.0465% | ~$74,720 | +10.0% |
| 2027 | ~$4,017,073 | ~$4,016,249 | ~2.0465% | ~$82,192 | +21.0% |
| 2028 | ~$4,419,233 | ~$4,417,874 | ~2.0465% | ~$90,411 | +33.1% |
| 2029 | ~$4,861,655 | ~$4,859,661 | ~2.0465% | ~$99,452 | +46.5% |
| 2030 | ~$5,348,368 | ~$5,345,627 | ~2.0465% | ~$109,397 | +61.1% |
| 2026 | ~$3,784,278 | ~$3,651,135 | ~1.9977% | ~$72,937 | +14.0% |
| 2027 | ~$4,314,504 | ~$4,016,249 | ~1.9488% | ~$78,270 | +30.0% |
| 2028 | ~$4,919,021 | ~$4,417,874 | ~1.9000% | ~$83,940 | +48.2% |
| 2029 | ~$5,608,239 | ~$4,859,661 | ~1.8512% | ~$89,962 | +69.0% |
| 2030 | ~$6,394,025 | ~$5,345,627 | ~1.8024% | ~$96,348 | +92.6% |
In 2025, this property's market value of $3,319,214 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +134% above 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 | $3,319,214 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,575,999 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,337,061 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,350,270 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,108,571 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.