2931 E 12 ST 102 TX 78702
| Owner | MJC GROUP LLC & |
|---|---|
| Parcel ID | 0209140704 |
| Short ID | 771515 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 743 SF |
| Land SF | 1,150 SF |
| Acres | 0.026 |
| Year Built | 2008 |
| Legal | UNT 102 EAST END FLATS AMENDED PLUS 4.0071 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $57,478 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $57,478 |
| Improvement | $364,171 |
|---|---|
| Total Improvement | $364,171 |
| Market | $421,649 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $421,649 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $421,649 |
| Taxable Value | $421,649 |
|---|
| Total Due | $9,923.35 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +59.5% from $264,383 (2021) to $421,649 (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 $8,629. 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 14% of market value ($57,478 land vs $364,171 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $421,649, 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 $755,698 by 2030, with an estimated annual tax burden around $12,792. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $9,923.35 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 | 743 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +196 |
| Travis County | 0.3444% | 0.3758% | +132 |
| Austin ISD | 0.9505% | 0.9252% | -107 |
| Travis Central Health | 0.1080% | 0.1180% | +42 |
| Austin Community College | 0.1013% | 0.1034% | +9 |
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% | $3,901.10 | $— | $3,901.10 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,209.51 | $— | $2,209.51 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,584.75 | $— | $1,584.75 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $497.64 | $— | $497.64 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $435.99 | $— | $435.99 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,628.99 | $0.00 | $8,628.99 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $417,578 | $421,649 | -1.0% |
| Assessed Value | $417,578 | $421,649 | -1.0% |
| Land Value | $57,478 | $57,478 | +0.0% |
| Improvement Value | $360,100 | $364,171 | -1.1% |
| Taxable Value | $417,578 | $421,649 | -1.0% |
| Total Tax 2026 = estimate |
~$8,546
Estimated
|
$8,629 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $417,578 | $417,578 | +0 (+0.0%) |
| Taxable Value | $417,578 | $417,578 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $417,578 | $57,478 | $360,100 | — | $417,578 | $417,578 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $421,649 | $57,478 | $364,171 | — | $421,649 | $421,649 | $8,629 | Verified |
| 2024 | $354,597 | — | — | −$297,119 | $57,478 | $— | $8,433 | Verified |
| 2023 | $307,862 | — | — | −$250,384 | $57,478 | $— | $6,416 | Verified |
| 2022 | $236,450 | — | — | −$178,972 | $57,478 | $— | $6,080 | Verified |
| 2021 | $264,383 | — | — | −$212,653 | $51,730 | $— | $5,147 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2025 | -25.4% | -0.9% | ~100% | 2.0500% | Verified |
| 2024 | +59.4% | +20.0% | 75.3% | 1.4900% | Verified |
| 2023 | +15.2% | +15.2% | ~100% | 1.8100% | Verified |
| 2022 | +30.2% | +30.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.0% | +10.5% | +12.6% | +30.2% | 2023 | -10.6% | 2022 |
| Assessment Ratio | 100.0% | 46.5% | — | 100.0% | 2025 | 16.2% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $8,629 | $6,941 | ~$11,002 | $8,629 | 2025 | $5,147 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$473,839 | ~$463,814 | ~2.0139% | ~$9,341 | +12.4% |
| 2027 | ~$532,488 | ~$510,195 | ~1.9814% | ~$10,109 | +26.3% |
| 2028 | ~$598,397 | ~$561,215 | ~1.9488% | ~$10,937 | +41.9% |
| 2029 | ~$672,463 | ~$617,336 | ~1.9163% | ~$11,830 | +59.5% |
| 2030 | ~$755,698 | ~$679,070 | ~1.8837% | ~$12,792 | +79.2% |
| 2026 | ~$465,406 | ~$463,814 | ~2.0465% | ~$9,492 | +10.4% |
| 2027 | ~$513,703 | ~$510,195 | ~2.0465% | ~$10,441 | +21.8% |
| 2028 | ~$567,013 | ~$561,215 | ~2.0465% | ~$11,485 | +34.5% |
| 2029 | ~$625,854 | ~$617,336 | ~2.0465% | ~$12,634 | +48.4% |
| 2030 | ~$690,803 | ~$679,070 | ~2.0465% | ~$13,897 | +63.8% |
| 2026 | ~$482,272 | ~$463,814 | ~1.9977% | ~$9,265 | +14.4% |
| 2027 | ~$551,610 | ~$510,195 | ~1.9488% | ~$9,943 | +30.8% |
| 2028 | ~$630,918 | ~$561,215 | ~1.9000% | ~$10,663 | +49.6% |
| 2029 | ~$721,628 | ~$617,336 | ~1.8512% | ~$11,428 | +71.1% |
| 2030 | ~$825,380 | ~$679,070 | ~1.8024% | ~$12,239 | +95.8% |
In 2025, this property's market value of $421,649 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -70% 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 | $421,649 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $354,597 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $307,862 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $236,450 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $264,383 | $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.