3313 E 12 ST TX 78721
| Owner | 2018 COMMERCIAL FUND 2 LP |
|---|---|
| Parcel ID | 0209150311 |
| Short ID | 198928 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,786 SF |
| Land SF | 28,282 SF |
| Acres | 0.649 |
| Year Built | 1981 |
| Legal | 0.6493 AC OF OLT 15 DIVISION B |
| Neighborhood | 53EAS |
| Land | $2,262,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,262,560 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,994,454 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,994,454 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,994,454 |
| Taxable Value | $1,994,454 |
|---|
Appreciation: Market value has risen +138.9% from $835,000 (2021) to $1,994,454 (2025), a CAGR of 24.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. 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 $40,816. 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 113% of market value ($2,262,560 land vs $0 improvements), about $80/SF of land. With value concentrated in the land under a ~45-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,994,454, this parcel sits in the upper-middle (50th–75th 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 +24.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,922,376 by 2030, with an estimated annual tax burden around $60,507. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,786 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,426 SF | ✗ |
| 288 | SHED SF | 540 SF | ✓ |
| 501 | CANOPY | 440 SF | ✗ |
| 581C | STORAGE ATT COMM | 112 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 40 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 20 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% | $18,452.69 | $18,452.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,451.28 | $10,451.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,496.06 | $7,496.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,353.91 | $2,353.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,062.27 | $2,062.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,816.21 | $40,816.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,000,000 | $1,994,454 | +0.3% |
| Assessed Value | $2,000,000 | $1,994,454 | +0.3% |
| Land Value | $2,262,560 | $2,262,560 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,000,000 | $1,994,454 | +0.3% |
| Total Tax 2026 = estimate |
~$40,930
Estimated
|
~$40,816
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,000,000 | $2,000,000 | +0 (+0.0%) |
| Taxable Value | $2,000,000 | $2,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,000,000 | $2,262,560 | — | — | $2,000,000 | $2,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,994,454 | $2,262,560 | — | — | $1,994,454 | $1,994,454 | ~$40,816 | Partial |
| 2024 | $1,994,454 | — | — | — | $1,994,454 | $— | $39,526 | Verified |
| 2023 | $1,156,699 | — | — | — | $1,994,454 ! | $— | $33,526 | Verified |
| 2022 | $1,063,813 | — | — | — | $1,131,280 ! | $— | $22,844 | Verified |
| 2021 | $835,000 | — | — | — | $989,870 ! | $— | $23,156 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -12.4% | -12.4% | ~100% | Not available | Partial |
| 2024 | +14.1% | +14.1% | ~100% | 1.7400% | Verified |
| 2023 | +72.4% | +72.4% | ~100% | 1.6800% | Verified |
| 2022 | +8.7% | +8.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +87.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +21.8% | +24.2% | +72.4% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 116.2% | — | 172.4% | 2023 | 100.0% | 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 |
$40,816 | $31,974 | ~$52,040 | $40,816 | 2025 | $22,844 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,479,467 | ~$2,193,899 | ~2.0139% | ~$44,184 | +24.3% |
| 2027 | ~$3,082,427 | ~$2,413,289 | ~1.9814% | ~$47,817 | +54.5% |
| 2028 | ~$3,832,015 | ~$2,654,618 | ~1.9488% | ~$51,734 | +92.1% |
| 2029 | ~$4,763,888 | ~$2,920,080 | ~1.9163% | ~$55,957 | +138.9% |
| 2030 | ~$5,922,376 | ~$3,212,088 | ~1.8837% | ~$60,507 | +196.9% |
| 2026 | ~$2,439,578 | ~$2,193,899 | ~2.0465% | ~$44,898 | +22.3% |
| 2027 | ~$2,984,046 | ~$2,413,289 | ~2.0465% | ~$49,388 | +49.6% |
| 2028 | ~$3,650,029 | ~$2,654,618 | ~2.0465% | ~$54,326 | +83.0% |
| 2029 | ~$4,464,646 | ~$2,920,080 | ~2.0465% | ~$59,759 | +123.9% |
| 2030 | ~$5,461,070 | ~$3,212,088 | ~2.0465% | ~$65,735 | +173.8% |
| 2026 | ~$2,519,357 | ~$2,193,899 | ~1.9977% | ~$43,827 | +26.3% |
| 2027 | ~$3,182,403 | ~$2,413,289 | ~1.9488% | ~$47,031 | +59.6% |
| 2028 | ~$4,019,952 | ~$2,654,618 | ~1.9000% | ~$50,438 | +101.6% |
| 2029 | ~$5,077,927 | ~$2,920,080 | ~1.8512% | ~$54,056 | +154.6% |
| 2030 | ~$6,414,341 | ~$3,212,088 | ~1.8024% | ~$57,894 | +221.6% |
In 2025, this property's market value of $1,994,454 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +41% above 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 | $1,994,454 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,994,454 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,156,699 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,063,813 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $835,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.