1212 CHICON ST 101 78702
| Owner | 101 JOYCE LLC |
|---|---|
| Parcel ID | 0208094902 |
| Short ID | 914850 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 591 SF |
| Land SF | 732 SF |
| Acres | 0.017 |
| Year Built | 2017 |
| Legal | UNT 101 CHICON AT JOYCE AMENDED THE PLUS 4.6819 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $29,292 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $29,292 |
| Improvement | $358,834 |
|---|---|
| Total Improvement | $358,834 |
| Market | $388,126 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $388,126 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $388,126 |
| Taxable Value | $388,126 |
|---|
| Total Due | $9,126.57 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +59.6% from $243,153 (2021) to $388,126 (2025), a CAGR of 12.4% 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 $7,943. 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 8% of market value ($29,292 land vs $358,834 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $388,126, 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 +12.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $696,368 by 2030, with an estimated annual tax burden around $11,775. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $9,126.57 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 591 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +180 |
| Travis County | 0.3444% | 0.3758% | +122 |
| Austin ISD | 0.9505% | 0.9252% | -98 |
| Travis Central Health | 0.1080% | 0.1180% | +39 |
| Austin Community College | 0.1013% | 0.1034% | +8 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $3,590.94 | $3.08 | $3,587.86 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,033.85 | $1.74 | $2,032.11 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,458.75 | $1.25 | $1,457.50 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $458.08 | $0.39 | $457.69 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $401.32 | $0.34 | $400.98 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,942.94 | $6.80 | $7,936.14 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $384,017 | $388,126 | -1.1% |
| Assessed Value | $384,017 | $388,126 | -1.1% |
| Land Value | $29,292 | $29,292 | +0.0% |
| Improvement Value | $354,725 | $358,834 | -1.1% |
| Taxable Value | $384,017 | $388,126 | -1.1% |
| Total Tax 2026 = estimate |
~$7,859
Estimated
|
$7,943 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $384,017 | $384,017 | +0 (+0.0%) |
| Taxable Value | $384,017 | $384,017 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $384,017 | $29,292 | $354,725 | — | $384,017 | $384,017 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $388,126 | $29,292 | $358,834 | — | $388,126 | $388,126 | $7,943 | Verified |
| 2024 | $318,969 | — | — | −$289,677 | $29,292 | $— | $7,586 | Verified |
| 2023 | $273,480 | — | — | −$244,188 | $29,292 | $— | $5,771 | Verified |
| 2022 | $276,940 | — | — | −$247,648 | $29,292 | $— | $5,401 | Verified |
| 2021 | $243,153 | — | — | −$213,861 | $29,292 | $— | $6,028 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2025 | -26.8% | +1.4% | ~100% | 2.0500% | Verified |
| 2024 | +66.2% | +20.0% | 72.2% | 1.4300% | Verified |
| 2023 | +16.6% | +16.6% | ~100% | 1.8100% | Verified |
| 2022 | -1.2% | -1.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +10.0% | +12.6% | +21.7% | 2025 | -1.2% | 2023 |
| Assessment Ratio | 100.0% | 40.4% | — | 100.0% | 2025 | 9.2% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $7,943 | $6,546 | ~$10,127 | $7,943 | 2025 | $5,401 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$436,261 | ~$426,939 | ~2.0139% | ~$8,598 | +12.4% |
| 2027 | ~$490,365 | ~$469,632 | ~1.9814% | ~$9,305 | +26.3% |
| 2028 | ~$551,179 | ~$516,596 | ~1.9488% | ~$10,068 | +42.0% |
| 2029 | ~$619,535 | ~$568,255 | ~1.9163% | ~$10,889 | +59.6% |
| 2030 | ~$696,368 | ~$625,081 | ~1.8837% | ~$11,775 | +79.4% |
| 2026 | ~$428,498 | ~$426,939 | ~2.0465% | ~$8,737 | +10.4% |
| 2027 | ~$473,070 | ~$469,632 | ~2.0465% | ~$9,611 | +21.9% |
| 2028 | ~$522,277 | ~$516,596 | ~2.0465% | ~$10,572 | +34.6% |
| 2029 | ~$576,604 | ~$568,255 | ~2.0465% | ~$11,629 | +48.6% |
| 2030 | ~$636,581 | ~$625,081 | ~2.0465% | ~$12,792 | +64.0% |
| 2026 | ~$444,023 | ~$426,939 | ~1.9977% | ~$8,529 | +14.4% |
| 2027 | ~$507,970 | ~$469,632 | ~1.9488% | ~$9,152 | +30.9% |
| 2028 | ~$581,127 | ~$516,596 | ~1.9000% | ~$9,815 | +49.7% |
| 2029 | ~$664,820 | ~$568,255 | ~1.8512% | ~$10,520 | +71.3% |
| 2030 | ~$760,566 | ~$625,081 | ~1.8024% | ~$11,266 | +96.0% |
In 2025, this property's market value of $388,126 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% 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 | $388,126 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $318,969 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $273,480 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $276,940 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $243,153 | $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.