600 W 8 ST TX 78701
| Owner | MUNICIPAL ADVISORY COUNCIL OF TEXAS |
|---|---|
| Parcel ID | 0208001409 |
| Short ID | 196684 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 11,582 SF |
| Land SF | 17,632 SF |
| Acres | 0.405 |
| Year Built | 1984 |
| Legal | LOT 3&4 BLOCK 103 ORIGINAL CITY PLUS 352 SQ FT OF VAC STREET |
| Neighborhood | 52CBD |
| Land | $3,526,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,526,400 |
| Improvement | $247,302 |
|---|---|
| Total Improvement | $247,302 |
| Market | $3,773,702 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,773,702 |
| Value Limitation Adjustment (−) (homestead cap) | −$136,200 |
| Net Appraised (assessed) | $3,637,502 |
| Taxable Value | $3,637,502 |
|---|
Appreciation: Market value has fallen -5.4% from $3,990,000 (2021) to $3,773,702 (2025), a CAGR of -1.4% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $74,441. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,637,502) is $136,200 below market value, suggesting potential for an upward assessment in future years.
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 ($3,526,400 land vs $247,302 improvements), about $200/SF of land. With value concentrated in the land under a ~42-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 $3,773,702, this parcel sits in the top quartile (≥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 -1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,519,743 by 2030, with an estimated annual tax burden around $66,303. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,400 SF | ✗ |
| 1ST | 1st Floor | 3,912 SF | ✓ |
| 2ND | 2nd Floor | 3,912 SF | ✓ |
| 3RD | 3rd Floor | 3,758 SF | ✓ |
| SO | Sketch Only | 2,268 SF | ✗ |
| 501 | CANOPY | 828 SF | ✗ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $33,654.17 | $33,654.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,061.13 | $19,061.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,671.37 | $13,671.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,293.09 | $4,293.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,761.18 | $3,761.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $74,440.94 | $74,440.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,081,000 | $3,773,702 | -18.4% |
| Assessed Value | $3,081,000 | $3,637,502 | -15.3% |
| Land Value | $3,173,760 | $3,526,400 | -10.0% |
| Improvement Value | — | $247,302 | — |
| Taxable Value | $3,081,000 | $3,637,502 | -15.3% |
| Total Tax 2026 = estimate |
~$63,052
Estimated
|
~$74,441
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,081,000 | $3,081,000 | +0 (+0.0%) |
| Taxable Value | $3,081,000 | $3,081,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,081,000 | $3,173,760 | — | — | $3,081,000 | $3,081,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,773,702 | $3,526,400 | $247,302 | −$136,200 | $3,637,502 | $3,637,502 | ~$74,441 | Partial |
| 2024 | $3,421,679 | — | — | −$390,427 | $3,031,252 | $— | $60,074 | Verified |
| 2023 | $3,964,281 | — | — | −$1,319,481 | $2,644,800 | $— | $61,907 | Verified |
| 2022 | $3,929,000 | — | — | −$1,284,200 | $2,644,800 | $— | $78,292 | Verified |
| 2021 | $3,990,000 | — | — | −$1,345,200 | $2,644,800 | $— | $85,522 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.4% | -15.3% | ~100% | Not available | Partial |
| 2025 | +24.5% | +20.0% | 96.4% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | 1.9800% | Verified |
| 2023 | -13.7% | -13.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.9% | +0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.4% | -4.5% | +3.1% | +10.3% | 2025 | -18.4% | 2026 |
| Assessment Ratio | 100.0% | 80.9% | — | 100.0% | 2026 | 66.3% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$74,441 | $72,047 | ~$70,579 | $85,522 | 2021 | $60,074 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,721,485 | ~$3,721,485 | ~2.0139% | ~$74,948 | -1.4% |
| 2027 | ~$3,669,991 | ~$3,669,991 | ~1.9814% | ~$72,717 | -2.7% |
| 2028 | ~$3,619,209 | ~$3,619,209 | ~1.9488% | ~$70,533 | -4.1% |
| 2029 | ~$3,569,130 | ~$3,569,130 | ~1.9163% | ~$68,395 | -5.4% |
| 2030 | ~$3,519,743 | ~$3,519,743 | ~1.8837% | ~$66,303 | -6.7% |
| 2026 | ~$3,646,011 | ~$3,646,011 | ~2.0465% | ~$74,615 | -3.4% |
| 2027 | ~$3,522,641 | ~$3,522,641 | ~2.0465% | ~$72,090 | -6.7% |
| 2028 | ~$3,403,445 | ~$3,403,445 | ~2.0465% | ~$69,651 | -9.8% |
| 2029 | ~$3,288,282 | ~$3,288,282 | ~2.0465% | ~$67,294 | -12.9% |
| 2030 | ~$3,177,017 | ~$3,177,017 | ~2.0465% | ~$65,017 | -15.8% |
| 2026 | ~$3,796,959 | ~$3,796,959 | ~1.9977% | ~$75,850 | +0.6% |
| 2027 | ~$3,820,360 | ~$3,820,360 | ~1.9488% | ~$74,453 | +1.2% |
| 2028 | ~$3,843,904 | ~$3,843,904 | ~1.9000% | ~$73,035 | +1.9% |
| 2029 | ~$3,867,594 | ~$3,867,594 | ~1.8512% | ~$71,597 | +2.5% |
| 2030 | ~$3,891,430 | ~$3,891,430 | ~1.8024% | ~$70,138 | +3.1% |
In 2025, this property's market value of $3,773,702 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +166% 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 | $3,773,702 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,421,679 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,964,281 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,929,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,990,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.