1309 CHICON ST 103 78702
| Owner | CHESTNUT NEIGHBORHOOD |
|---|---|
| Parcel ID | 0209096904 |
| Short ID | 971494 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 363 SF |
| Acres | 0.008 |
| Year Built | — |
| Legal | IVORY AT THE CHICON CONDOMINIUMS THE UNT 103 PLUS 2.2811 % INT IN COM AREA |
| Neighborhood | E2S1C |
| Land | $14,529 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,529 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $11,623 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,623 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,623 |
| Taxable Value | $11,623 |
|---|
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 $238. 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 ($14,529 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 1821% 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% | $107.54 | $107.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60.91 | $60.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43.68 | $43.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13.72 | $13.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12.02 | $12.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $237.87 | $237.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $223,272 | $11,623 | +1820.9% |
| Assessed Value | $13,948 | $11,623 | +20.0% |
| Land Value | $14,529 | $14,529 | +0.0% |
| Improvement Value | $208,743 | — | — |
| Taxable Value | $13,948 | $11,623 | +20.0% |
| HS Cap Loss | -$209,324 | — | |
| Total Tax 2026 = estimate |
~$285
Estimated
|
~$238
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $223,272 | $223,272 | +0 (+0.0%) |
| Taxable Value | $13,948 | $13,948 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $223,272 | $14,529 | $208,743 | −$209,324 | $13,948 | $13,948 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,623 | $14,529 | — | — | $11,623 | $11,623 | ~$238 | Partial |
| 2024 | $— | — | — | — | $11,623 | $— | $230 | Verified |
| 2023 | $— | — | — | — | $11,623 | $— | $210 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1820.9% ! | +20.0% | 6.2% | 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 | +1820.9% | +1820.9% | — | +1820.9% | 2026 | +1820.9% | 2026 |
| Assessment Ratio | 6.2% | 53.1% | — | 100.0% | 2025 | 6.2% | 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 |
$238 | $238 | — | $238 | 2025 | $238 | 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.