1906 E 12 ST TX 78702
| Owner | CAPITOL ENDEAVORS LTD |
|---|---|
| Parcel ID | 0208090410 |
| Short ID | 197307 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 3,020 SF |
| Land SF | 3,169 SF |
| Acres | 0.073 |
| Year Built | 1919 |
| Legal | S63FT OF E49.8FT OF LOT 2 * & S63FT OF W.42 OF LOT 3 BLK 1 OLT 34 DIVISION B |
| Neighborhood | 31CEN |
| Land | $411,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $411,970 |
| Improvement | $77,475 |
|---|---|
| Total Improvement | $77,475 |
| Market | $489,445 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $489,445 |
| Value Limitation Adjustment (−) (homestead cap) | −$19,760 |
| Net Appraised (assessed) | $469,685 |
| Taxable Value | $469,685 |
|---|
Appreciation: Market value has fallen -3.7% from $508,100 (2021) to $489,445 (2025), a CAGR of -0.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $9,612. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($469,685) is $19,760 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 84% of market value ($411,970 land vs $77,475 improvements), about $130/SF of land. With value concentrated in the land under a ~107-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 $489,445, this parcel sits in the bottom quartile (<25th 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 -0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $467,086 by 2030, with an estimated annual tax burden around $8,799. 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 | 3,020 SF | ✓ |
Market value changed by 76% in 2023, 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% | $3,990.74 | $3,990.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,260.28 | $2,260.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,621.16 | $1,621.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $509.08 | $509.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $446.00 | $446.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,827.26 | $8,827.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $453,697 | $489,445 | -7.3% |
| Assessed Value | $453,697 | $469,685 | -3.4% |
| Land Value | $411,970 | $411,970 | +0.0% |
| Improvement Value | $41,727 | $77,475 | -46.1% |
| Taxable Value | $453,697 | $469,685 | -3.4% |
| Total Tax 2026 = estimate |
~$9,285
Estimated
|
~$8,827
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $453,697 | $453,697 | +0 (+0.0%) |
| Taxable Value | $453,697 | $453,697 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $453,697 | $411,970 | $41,727 | — | $453,697 | $453,697 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $489,445 | $411,970 | $77,475 | −$19,760 | $469,685 | $469,685 | ~$8,827 | Partial |
| 2024 | $353,195 | — | — | — | $391,404 ! | $— | $7,757 | Verified |
| 2023 | $265,000 | — | — | — | $411,970 ! | $— | $6,390 | Verified |
| 2022 | $246,481 | — | — | −$24,651 | $221,830 | $— | $5,234 | Verified |
| 2021 | $508,100 | — | — | −$317,960 | $190,140 | $— | $5,365 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.3% | -3.4% | ~100% | Not available | Partial |
| 2025 | +0.2% | +10.8% | 96.0% | Not available | Partial |
| 2024 | -0.3% | -13.5% | 86.8% | 1.5900% | Verified |
| 2023 | +76.2% ! | +76.2% | ~100% | 1.3000% | Verified |
| 2022 | -36.6% | -36.6% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 1.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.3% | +4.1% | +0.6% | +38.6% | 2025 | -51.5% | 2022 |
| Assessment Ratio | 100.0% | 98.3% | — | 155.5% | 2023 | 37.4% | 2021 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,827 | $6,715 | ~$9,278 | $8,827 | 2025 | $5,234 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$484,889 | ~$484,889 | ~2.0139% | ~$9,765 | -0.9% |
| 2027 | ~$480,376 | ~$480,376 | ~1.9814% | ~$9,518 | -1.9% |
| 2028 | ~$475,905 | ~$475,905 | ~1.9488% | ~$9,275 | -2.8% |
| 2029 | ~$471,475 | ~$471,475 | ~1.9163% | ~$9,035 | -3.7% |
| 2030 | ~$467,086 | ~$467,086 | ~1.8837% | ~$8,799 | -4.6% |
| 2026 | ~$475,100 | ~$475,100 | ~2.0465% | ~$9,723 | -2.9% |
| 2027 | ~$461,176 | ~$461,176 | ~2.0465% | ~$9,438 | -5.8% |
| 2028 | ~$447,660 | ~$447,660 | ~2.0465% | ~$9,161 | -8.5% |
| 2029 | ~$434,540 | ~$434,540 | ~2.0465% | ~$8,893 | -11.2% |
| 2030 | ~$421,805 | ~$421,805 | ~2.0465% | ~$8,632 | -13.8% |
| 2026 | ~$494,678 | ~$494,678 | ~1.9977% | ~$9,882 | +1.1% |
| 2027 | ~$499,967 | ~$499,967 | ~1.9488% | ~$9,744 | +2.1% |
| 2028 | ~$505,313 | ~$505,313 | ~1.9000% | ~$9,601 | +3.2% |
| 2029 | ~$510,716 | ~$510,716 | ~1.8512% | ~$9,454 | +4.3% |
| 2030 | ~$516,176 | ~$516,176 | ~1.8024% | ~$9,303 | +5.5% |
In 2025, this property's market value of $489,445 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -65% 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 | $489,445 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $353,195 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $265,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $246,481 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $508,100 | $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.