1915 E 12 ST TX 78701
| Owner | ZMM CENAJOHN EAST LP |
|---|---|
| Parcel ID | 0208090818 |
| Short ID | 908538 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,020 SF |
| Land SF | 8,878 SF |
| Acres | 0.204 |
| Year Built | 1963 |
| Legal | LOT 7A FOSTER F B SUBD BLK 16 OLT 58 DIV B RESUB LTS 7-10 |
| Neighborhood | 20CEN |
| Land | $1,154,140 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,154,140 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,053,241 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,053,241 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,053,241 |
| Taxable Value | $1,053,241 |
|---|
Appreciation: Market value has risen +142.1% from $435,000 (2021) to $1,053,241 (2025), a CAGR of 24.7% 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 $21,554. 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 110% of market value ($1,154,140 land vs $0 improvements), about $130/SF of land. With value concentrated in the land under a ~63-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 $1,053,241, 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 +24.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,181,089 by 2030, with an estimated annual tax burden around $31,953. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,020 SF | ✓ |
| 501 | CANOPY | 90 SF | ✗ |
| 611 | TERRACE | 90 SF | ✗ |
Market value changed by 85% 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% | $9,744.59 | $9,744.59 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,519.16 | $5,519.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,958.55 | $3,958.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,243.07 | $1,243.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,089.05 | $1,089.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,554.42 | $21,554.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,053,271 | $1,053,241 | +0.0% |
| Assessed Value | $1,053,271 | $1,053,241 | +0.0% |
| Land Value | $1,154,140 | $1,154,140 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,053,271 | $1,053,241 | +0.0% |
| Total Tax 2026 = estimate |
~$21,555
Estimated
|
~$21,554
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,053,271 | $1,053,271 | +0 (+0.0%) |
| Taxable Value | $1,053,271 | $1,053,271 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,053,271 | $1,154,140 | — | — | $1,053,271 | $1,053,271 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,053,241 | $1,154,140 | — | — | $1,053,241 | $1,053,241 | ~$21,554 | Partial |
| 2024 | $1,176,012 | — | — | −$133,608 | $1,042,404 | $— | $20,659 | Verified |
| 2023 | $637,265 | — | — | — | $1,154,140 ! | $— | $19,768 | Verified |
| 2022 | $504,105 | — | — | — | $621,460 ! | $— | $12,586 | Verified |
| 2021 | $435,000 | — | — | — | $488,290 ! | $— | $10,973 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | 1.9800% | Verified |
| 2023 | +84.5% ! | +84.5% | ~100% | 1.6800% | Verified |
| 2022 | +26.4% | +26.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +108.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +23.3% | +24.7% | +84.5% | 2024 | -10.4% | 2025 |
| Assessment Ratio | 100.0% | 117.5% | — | 181.1% | 2023 | 88.6% | 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 |
$21,554 | $17,108 | ~$27,481 | $21,554 | 2025 | $10,973 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,313,825 | ~$1,158,565 | ~2.0139% | ~$23,333 | +24.7% |
| 2027 | ~$1,638,879 | ~$1,274,422 | ~1.9814% | ~$25,251 | +55.6% |
| 2028 | ~$2,044,357 | ~$1,401,864 | ~1.9488% | ~$27,320 | +94.1% |
| 2029 | ~$2,550,153 | ~$1,542,050 | ~1.9163% | ~$29,550 | +142.1% |
| 2030 | ~$3,181,089 | ~$1,696,255 | ~1.8837% | ~$31,953 | +202.0% |
| 2026 | ~$1,292,760 | ~$1,158,565 | ~2.0465% | ~$23,710 | +22.7% |
| 2027 | ~$1,586,748 | ~$1,274,422 | ~2.0465% | ~$26,081 | +50.7% |
| 2028 | ~$1,947,592 | ~$1,401,864 | ~2.0465% | ~$28,689 | +84.9% |
| 2029 | ~$2,390,496 | ~$1,542,050 | ~2.0465% | ~$31,558 | +127.0% |
| 2030 | ~$2,934,122 | ~$1,696,255 | ~2.0465% | ~$34,714 | +178.6% |
| 2026 | ~$1,334,889 | ~$1,158,565 | ~1.9977% | ~$23,144 | +26.7% |
| 2027 | ~$1,691,854 | ~$1,274,422 | ~1.9488% | ~$24,836 | +60.6% |
| 2028 | ~$2,144,274 | ~$1,401,864 | ~1.9000% | ~$26,636 | +103.6% |
| 2029 | ~$2,717,677 | ~$1,542,050 | ~1.8512% | ~$28,546 | +158.0% |
| 2030 | ~$3,444,414 | ~$1,696,255 | ~1.8024% | ~$30,573 | +227.0% |
In 2025, this property's market value of $1,053,241 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -26% 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 | $1,053,241 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,176,012 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $637,265 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $504,105 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $435,000 | $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.