1522 E 12 ST TX 78702
| Owner | 1522 & 1600 EAST 12TH STREET LP |
|---|---|
| Parcel ID | 0208090114 |
| Short ID | 197267 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 2,344 SF |
| Land SF | 5,140 SF |
| Acres | 0.118 |
| Year Built | 1972 |
| Legal | 35 X 148FT BLK 1 OLT 36 DIVISION B |
| Neighborhood | 1EC2 |
| Land | $719,611 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $719,611 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $719,611 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $719,611 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $719,611 |
| Taxable Value | $719,611 |
|---|
Appreciation: Market value has risen +73.7% from $414,241 (2021) to $719,611 (2025), a CAGR of 14.8% 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 $14,727. 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 100% of market value ($719,611 land vs $0 improvements), about $140/SF of land. With value concentrated in the land under a ~54-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 $719,611, 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 +14.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,435,171 by 2030, with an estimated annual tax burden around $21,831. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,150 SF | ✗ |
| 1ST | 1st Floor | 2,344 SF | ✓ |
| 501 | CANOPY | 56 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% | $6,657.84 | $6,657.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,770.88 | $3,770.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,704.62 | $2,704.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $849.31 | $849.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $744.08 | $744.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,726.73 | $14,726.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $719,611 | $719,611 | +0.0% |
| Assessed Value | $719,611 | $719,611 | +0.0% |
| Land Value | $719,611 | $719,611 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $719,611 | $719,611 | +0.0% |
| Total Tax 2026 = estimate |
~$14,727
Estimated
|
~$14,727
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $719,611 | $719,611 | +0 (+0.0%) |
| Taxable Value | $719,611 | $719,611 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $719,611 | $719,611 | — | — | $719,611 | $719,611 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $719,611 | $719,611 | — | — | $719,611 | $719,611 | ~$14,727 | Partial |
| 2024 | $719,611 | — | — | −$82,241 | $637,370 | $— | $12,631 | Verified |
| 2023 | $541,200 | — | — | — | $719,611 ! | $— | $12,096 | Verified |
| 2022 | $414,241 | — | — | −$3,035 | $411,206 | $— | $10,688 | Verified |
| 2021 | $414,241 | — | — | −$54,435 | $359,806 | $— | $9,017 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +12.9% | +12.9% | ~100% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | 1.9800% | Verified |
| 2023 | +33.0% | +33.0% | ~100% | 1.6800% | Verified |
| 2022 | +30.6% | +30.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.7% | +14.8% | +33.0% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 101.3% | — | 133.0% | 2023 | 86.9% | 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 |
$14,727 | $11,832 | ~$18,776 | $14,727 | 2025 | $9,017 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$826,150 | ~$791,572 | ~2.0139% | ~$15,942 | +14.8% |
| 2027 | ~$948,462 | ~$870,729 | ~1.9814% | ~$17,253 | +31.8% |
| 2028 | ~$1,088,883 | ~$957,802 | ~1.9488% | ~$18,666 | +51.3% |
| 2029 | ~$1,250,094 | ~$1,053,582 | ~1.9163% | ~$20,190 | +73.7% |
| 2030 | ~$1,435,171 | ~$1,158,941 | ~1.8837% | ~$21,831 | +99.4% |
| 2026 | ~$811,758 | ~$791,572 | ~2.0465% | ~$16,199 | +12.8% |
| 2027 | ~$915,704 | ~$870,729 | ~2.0465% | ~$17,819 | +27.2% |
| 2028 | ~$1,032,961 | ~$957,802 | ~2.0465% | ~$19,601 | +43.5% |
| 2029 | ~$1,165,233 | ~$1,053,582 | ~2.0465% | ~$21,561 | +61.9% |
| 2030 | ~$1,314,442 | ~$1,158,941 | ~2.0465% | ~$23,718 | +82.7% |
| 2026 | ~$840,542 | ~$791,572 | ~1.9977% | ~$15,813 | +16.8% |
| 2027 | ~$981,796 | ~$870,729 | ~1.9488% | ~$16,969 | +36.4% |
| 2028 | ~$1,146,788 | ~$957,802 | ~1.9000% | ~$18,198 | +59.4% |
| 2029 | ~$1,339,507 | ~$1,053,582 | ~1.8512% | ~$19,504 | +86.1% |
| 2030 | ~$1,564,613 | ~$1,158,941 | ~1.8024% | ~$20,888 | +117.4% |
In 2025, this property's market value of $719,611 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% 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 | $719,611 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $719,611 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $541,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $414,241 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $414,241 | $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.