1500 E 12 ST TX 78702
| Owner | 2018 1500-1501 EAST AUSTIN LP |
|---|---|
| Parcel ID | 0208090119 |
| Short ID | 197269 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 4,913 SF |
| Land SF | 15,688 SF |
| Acres | 0.360 |
| Year Built | 1915 |
| Legal | 106 X 148FT OF BLK 1 OLT 36 DIVISION B |
| Neighborhood | 59EAS |
| Land | $2,196,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,196,320 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,196,320 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,196,320 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,196,320 |
| Taxable Value | $2,196,320 |
|---|
Appreciation: Market value has risen +37.7% from $1,595,255 (2021) to $2,196,320 (2025), a CAGR of 8.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $44,947. 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 ($2,196,320 land vs $0 improvements), about $140/SF of land. With value concentrated in the land under a ~111-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 $2,196,320, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,275,499 by 2030, with an estimated annual tax burden around $61,702. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,200 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 4,913 SF | ✗ |
| 1ST | 1st Floor | 2,684 SF | ✓ |
| 2ND | 2nd Floor | 2,229 SF | ✓ |
| 581C | STORAGE ATT COMM | 120 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 54 SF | ✗ |
| 152 | COMMODE AVG | 5 SF | ✓ |
| 162 | LAVATORY AVG | 5 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL 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% | $20,320.35 | $20,320.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,509.09 | $11,509.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,254.76 | $8,254.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,592.16 | $2,592.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,270.99 | $2,270.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $44,947.35 | $44,947.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,986,418 | $2,196,320 | -9.6% |
| Assessed Value | $1,986,418 | $2,196,320 | -9.6% |
| Land Value | $2,196,320 | $2,196,320 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,986,418 | $2,196,320 | -9.6% |
| Total Tax 2026 = estimate |
~$40,652
Estimated
|
~$44,947
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,986,418 | $1,986,418 | +0 (+0.0%) |
| Taxable Value | $1,986,418 | $1,986,418 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,986,418 | $2,196,320 | — | — | $1,986,418 | $1,986,418 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,196,320 | $2,196,320 | — | — | $2,196,320 | $2,196,320 | ~$44,947 | Partial |
| 2024 | $2,196,320 | — | — | — | $2,196,320 | $— | $43,527 | Verified |
| 2023 | $1,767,100 | — | — | — | $2,196,320 ! | $— | $36,919 | Verified |
| 2022 | $1,569,008 | — | — | −$313,968 | $1,255,040 | $— | $34,899 | Verified |
| 2021 | $1,595,255 | — | — | −$497,095 | $1,098,160 | $— | $34,152 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.6% | -9.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +24.3% | +24.3% | ~100% | 1.6800% | Verified |
| 2022 | +12.6% | +12.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.6% | +5.1% | +10.6% | +24.3% | 2024 | -9.6% | 2026 |
| Assessment Ratio | 100.0% | 95.5% | — | 124.3% | 2023 | 68.8% | 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 |
$44,947 | $38,889 | ~$54,605 | $44,947 | 2025 | $34,152 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,379,096 | ~$2,379,096 | ~2.0139% | ~$47,913 | +8.3% |
| 2027 | ~$2,577,083 | ~$2,577,083 | ~1.9814% | ~$51,062 | +17.3% |
| 2028 | ~$2,791,546 | ~$2,791,546 | ~1.9488% | ~$54,403 | +27.1% |
| 2029 | ~$3,023,856 | ~$3,023,856 | ~1.9163% | ~$57,946 | +37.7% |
| 2030 | ~$3,275,499 | ~$3,275,499 | ~1.8837% | ~$61,702 | +49.1% |
| 2026 | ~$2,335,170 | ~$2,335,170 | ~2.0465% | ~$47,789 | +6.3% |
| 2027 | ~$2,482,797 | ~$2,482,797 | ~2.0465% | ~$50,810 | +13.0% |
| 2028 | ~$2,639,758 | ~$2,639,758 | ~2.0465% | ~$54,022 | +20.2% |
| 2029 | ~$2,806,642 | ~$2,806,642 | ~2.0465% | ~$57,438 | +27.8% |
| 2030 | ~$2,984,075 | ~$2,984,075 | ~2.0465% | ~$61,069 | +35.9% |
| 2026 | ~$2,423,023 | ~$2,415,952 | ~1.9977% | ~$48,263 | +10.3% |
| 2027 | ~$2,673,125 | ~$2,657,547 | ~1.9488% | ~$51,791 | +21.7% |
| 2028 | ~$2,949,043 | ~$2,923,302 | ~1.9000% | ~$55,543 | +34.3% |
| 2029 | ~$3,253,441 | ~$3,215,632 | ~1.8512% | ~$59,528 | +48.1% |
| 2030 | ~$3,589,259 | ~$3,537,195 | ~1.8024% | ~$63,753 | +63.4% |
In 2025, this property's market value of $2,196,320 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +55% 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 | $2,196,320 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,196,320 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,767,100 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,569,008 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,595,255 | $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.