1800 PENNSYLVANIA AVE TX 78702
| Owner | ZEBRA CHALK 2015 LP |
|---|---|
| Parcel ID | 0208092614 |
| Short ID | 197497 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,860 SF |
| Land SF | 42,640 SF |
| Acres | 0.979 |
| Year Built | 1970 |
| Legal | LOT 1-4 RESUB OF BLK 12 OLT 57 DIV B JOHNS C R SUBD (1/12/16 TO 12/31/16) |
| Neighborhood | 1EC2 |
| Land | $2,132,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,132,000 |
| Improvement | $4,611 |
|---|---|
| Total Improvement | $4,611 |
| Market | $2,136,611 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,136,611 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,136,611 |
| Taxable Value | $2,136,611 |
|---|
Appreciation: Market value has risen +22.8% from $1,739,337 (2021) to $2,136,611 (2025), a CAGR of 5.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $43,725. 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 ($2,132,000 land vs $4,611 improvements), about $50/SF of land. With value concentrated in the land under a ~56-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 $2,136,611, 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 +5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,763,138 by 2030, with an estimated annual tax burden around $52,050. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,700 SF | ✗ |
| 1ST | 1st Floor | 1,860 SF | ✓ |
| 501 | CANOPY | 748 SF | ✗ |
| 611 | TERRACE | 748 SF | ✗ |
| 327 | STORAGE COMM'L | 348 SF | ✓ |
| 482 | LIGHT POLES | 2 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% | $19,767.92 | $19,767.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,196.20 | $11,196.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,030.35 | $8,030.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,521.69 | $2,521.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,209.26 | $2,209.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,725.42 | $43,725.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,136,838 | $2,136,611 | +0.0% |
| Assessed Value | $2,136,838 | $2,136,611 | +0.0% |
| Land Value | $2,132,000 | $2,132,000 | +0.0% |
| Improvement Value | $4,838 | $4,611 | +4.9% |
| Taxable Value | $2,136,838 | $2,136,611 | +0.0% |
| Total Tax 2026 = estimate |
~$43,730
Estimated
|
~$43,725
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,136,838 | $2,136,838 | +0 (+0.0%) |
| Taxable Value | $2,136,838 | $2,136,838 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,136,838 | $2,132,000 | $4,838 | — | $2,136,838 | $2,136,838 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,136,611 | $2,132,000 | $4,611 | — | $2,136,611 | $2,136,611 | ~$43,725 | Partial |
| 2024 | $2,177,206 | — | — | −$45,206 | $2,132,000 | $— | $42,430 | Verified |
| 2023 | $2,176,751 | — | — | −$44,751 | $2,132,000 | $— | $39,391 | Verified |
| 2022 | $1,739,337 | — | — | — | $2,132,000 ! | $— | $42,989 | Verified |
| 2021 | $1,739,337 | — | — | −$27,094 | $1,712,243 | $— | $37,860 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2024 | -1.7% | -1.7% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +25.1% | +25.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.6% | +5.3% | +25.1% | 2023 | -1.9% | 2025 |
| Assessment Ratio | 100.0% | 102.8% | — | 122.6% | 2022 | 97.9% | 2023 |
| 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 |
$43,725 | $41,279 | ~$48,631 | $43,725 | 2025 | $37,860 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,249,370 | ~$2,249,370 | ~2.0139% | ~$45,301 | +5.3% |
| 2027 | ~$2,368,080 | ~$2,368,080 | ~1.9814% | ~$46,921 | +10.8% |
| 2028 | ~$2,493,054 | ~$2,493,054 | ~1.9488% | ~$48,586 | +16.7% |
| 2029 | ~$2,624,625 | ~$2,624,625 | ~1.9163% | ~$50,295 | +22.8% |
| 2030 | ~$2,763,138 | ~$2,763,138 | ~1.8837% | ~$52,050 | +29.3% |
| 2026 | ~$2,206,638 | ~$2,206,638 | ~2.0465% | ~$45,159 | +3.3% |
| 2027 | ~$2,278,960 | ~$2,278,960 | ~2.0465% | ~$46,639 | +6.7% |
| 2028 | ~$2,353,652 | ~$2,353,652 | ~2.0465% | ~$48,167 | +10.2% |
| 2029 | ~$2,430,792 | ~$2,430,792 | ~2.0465% | ~$49,746 | +13.8% |
| 2030 | ~$2,510,460 | ~$2,510,460 | ~2.0465% | ~$51,376 | +17.5% |
| 2026 | ~$2,292,102 | ~$2,292,102 | ~1.9977% | ~$45,788 | +7.3% |
| 2027 | ~$2,458,909 | ~$2,458,909 | ~1.9488% | ~$47,920 | +15.1% |
| 2028 | ~$2,637,856 | ~$2,637,856 | ~1.9000% | ~$50,120 | +23.5% |
| 2029 | ~$2,829,825 | ~$2,829,825 | ~1.8512% | ~$52,386 | +32.4% |
| 2030 | ~$3,035,764 | ~$3,035,764 | ~1.8024% | ~$54,716 | +42.1% |
In 2025, this property's market value of $2,136,611 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +51% 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 | $2,136,611 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,177,206 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,176,751 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,739,337 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,739,337 | $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.