1309 CHICON ST 101 78702
| Owner | CHESTNUT NEIGHBORHOOD |
|---|---|
| Parcel ID | 0209096902 |
| Short ID | 971492 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 396 SF |
| Acres | 0.009 |
| Year Built | — |
| Legal | IVORY AT THE CHICON CONDOMINIUMS THE UNT 101 PLUS 2.4897 % INT IN COM AREA |
| Neighborhood | E2S1C |
| Land | $15,857 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,857 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $12,686 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,686 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,686 |
| Taxable Value | $12,686 |
|---|
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 $260. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: O. 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 125% of market value ($15,857 land vs $0 improvements), about $40/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
No delinquent taxes on record.
Market value changed by 1881% in 2026, 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% | $117.37 | $117.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $66.48 | $66.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $47.68 | $47.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14.97 | $14.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13.12 | $13.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $259.62 | $259.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $251,282 | $12,686 | +1880.8% |
| Assessed Value | $15,223 | $12,686 | +20.0% |
| Land Value | $15,857 | $15,857 | +0.0% |
| Improvement Value | $235,425 | — | — |
| Taxable Value | $15,223 | $12,686 | +20.0% |
| HS Cap Loss | -$236,059 | — | |
| Total Tax 2026 = estimate |
~$312
Estimated
|
~$260
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $251,282 | $251,282 | +0 (+0.0%) |
| Taxable Value | $15,223 | $15,223 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $251,282 | $15,857 | $235,425 | −$236,059 | $15,223 | $15,223 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,686 | $15,857 | — | — | $12,686 | $12,686 | ~$260 | Partial |
| 2024 | $— | — | — | — | $12,686 | $— | $251 | Verified |
| 2023 | $— | — | — | — | $12,686 | $— | $230 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1880.8% ! | +20.0% | 6.1% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1880.8% | +1880.8% | — | +1880.8% | 2026 | +1880.8% | 2026 |
| Assessment Ratio | 6.1% | 53.0% | — | 100.0% | 2025 | 6.1% | 2026 |
| 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 |
$260 | $260 | — | $260 | 2025 | $260 | 2025 |
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.