1301 CHICON ST 104 TX 78702
| Owner | BRUNALI REAL ESTATE INVESTMENTS LLC |
|---|---|
| Parcel ID | 0209098105 |
| Short ID | 914316 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 529 SF |
| Land SF | 640 SF |
| Acres | 0.015 |
| Year Built | 2017 |
| Legal | UNT 104 CHICON AT GIBBS CONDOMINIUMS AMENDED PLUS 4.0932 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $25,588 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $25,588 |
| Improvement | $304,412 |
|---|---|
| Total Improvement | $304,412 |
| Market | $330,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $330,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $330,000 |
| Taxable Value | $330,000 |
|---|
Appreciation: Market value has risen +51.0% from $218,613 (2021) to $330,000 (2025), a CAGR of 10.8% 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 $6,753. 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 ($25,588 land vs $304,412 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 $330,000, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $552,155 by 2030, with an estimated annual tax burden around $10,011. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 529 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% | $3,053.16 | $3,053.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,729.26 | $1,729.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,240.29 | $1,240.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $389.48 | $389.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $341.22 | $341.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,753.41 | $6,753.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $330,000 | $330,000 | +0.0% |
| Assessed Value | $330,000 | $330,000 | +0.0% |
| Land Value | $25,588 | $25,588 | +0.0% |
| Improvement Value | $304,412 | $304,412 | +0.0% |
| Taxable Value | $330,000 | $330,000 | +0.0% |
| Total Tax 2026 = estimate |
~$6,753
Estimated
|
~$6,753
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $343,099 | $330,000 | -13,099 (-3.8%) |
| Taxable Value | $343,099 | $330,000 | -13,099 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $330,000 | $25,588 | $304,412 | — | $330,000 | $330,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $330,000 | $25,588 | $304,412 | — | $330,000 | $330,000 | ~$6,753 | Partial |
| 2024 | $267,784 | — | — | −$242,196 | $25,588 | $— | $6,322 | Verified |
| 2023 | $229,509 | — | — | −$203,921 | $25,588 | $— | $4,845 | Verified |
| 2022 | $231,731 | — | — | −$206,143 | $25,588 | $— | $4,533 | Verified |
| 2021 | $218,613 | — | — | −$193,025 | $25,588 | $— | $5,044 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | -30.3% | +2.7% | ~100% | Not available | Partial |
| 2024 | +66.3% | +12.8% | 67.8% | 1.3300% | Verified |
| 2023 | +16.7% | +16.7% | ~100% | 1.7000% | Verified |
| 2022 | -2.0% | -2.0% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.0% | +10.8% | +23.2% | 2025 | -1.0% | 2023 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2025 | 9.6% | 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 |
$6,753 | $5,499 | ~$8,611 | $6,753 | 2025 | $4,533 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$365,783 | ~$363,000 | ~2.0139% | ~$7,311 | +10.8% |
| 2027 | ~$405,446 | ~$399,300 | ~1.9814% | ~$7,912 | +22.9% |
| 2028 | ~$449,410 | ~$439,230 | ~1.9488% | ~$8,560 | +36.2% |
| 2029 | ~$498,141 | ~$483,153 | ~1.9163% | ~$9,259 | +51.0% |
| 2030 | ~$552,155 | ~$531,468 | ~1.8837% | ~$10,011 | +67.3% |
| 2026 | ~$359,183 | ~$359,183 | ~2.0465% | ~$7,351 | +8.8% |
| 2027 | ~$390,947 | ~$390,947 | ~2.0465% | ~$8,001 | +18.5% |
| 2028 | ~$425,519 | ~$425,519 | ~2.0465% | ~$8,708 | +28.9% |
| 2029 | ~$463,149 | ~$463,149 | ~2.0465% | ~$9,478 | +40.3% |
| 2030 | ~$504,107 | ~$504,107 | ~2.0465% | ~$10,316 | +52.8% |
| 2026 | ~$372,383 | ~$363,000 | ~1.9977% | ~$7,252 | +12.8% |
| 2027 | ~$420,209 | ~$399,300 | ~1.9488% | ~$7,782 | +27.3% |
| 2028 | ~$474,178 | ~$439,230 | ~1.9000% | ~$8,345 | +43.7% |
| 2029 | ~$535,078 | ~$483,153 | ~1.8512% | ~$8,944 | +62.1% |
| 2030 | ~$603,800 | ~$531,468 | ~1.8024% | ~$9,579 | +83.0% |
In 2025, this property's market value of $330,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -77% 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 | $330,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $267,784 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $229,509 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $231,731 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $218,613 | $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.