1208 WEST AVE AUSTIN, TX 78701
| Owner | AUSTIN COMMUNITY COLLEGE DISTRICT |
|---|---|
| Parcel ID | 0210000310 |
| Short ID | 199610 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,016 SF |
| Land SF | 8,419 SF |
| Acres | 0.193 |
| Year Built | 1980 |
| Legal | 42.52X198' AV OF OLT 6 DIVISION E |
| Neighborhood | 53CBD |
| Land | $1,199,708 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,199,708 |
| Improvement | $248,013 |
|---|---|
| Total Improvement | $248,013 |
| Market | $1,447,721 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,447,721 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,447,721 |
| Taxable Value | $1,447,721 |
|---|
Appreciation: Market value has risen +6.0% from $1,365,532 (2021) to $1,447,721 (2025), a CAGR of 1.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged the broader commercial market over the same period.
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 83% of market value ($1,199,708 land vs $248,013 improvements), about $143/SF of land. With value concentrated in the land under a ~46-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 $1,447,721, 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 +1.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,557,448 by 2030, with an estimated annual tax burden around $0. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,400 SF | ✗ |
| 1ST | 1st Floor | 2,016 SF | ✓ |
| 437 | FENCE MASON LF | 90 SF | ✗ |
| 611 | TERRACE | 80 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,091,376 | $1,447,721 | +44.5% |
| Assessed Value | $2,091,376 | $1,447,721 | +44.5% |
| Land Value | $1,683,800 | $1,199,708 | +40.4% |
| Improvement Value | $407,576 | $248,013 | +64.3% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,091,376 | $2,091,376 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,091,376 | $1,683,800 | $407,576 | — | $2,091,376 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,447,721 | $1,199,708 | $248,013 | — | $1,447,721 | $— | not in county billing file ⓘ | Partial |
| 2024 | $1,793,943 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $1,396,877 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $1,378,746 | — | — | −$326,371 | $1,052,375 | $— | $1,379 | Verified |
| 2021 | $1,365,532 | — | — | −$313,157 | $1,052,375 | $— | $30,011 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.5% | +44.5% | ~100% | Not available | Partial |
| 2025 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2024 | -19.8% | -19.8% | ~100% | No billing data | Verified |
| 2023 | +28.4% | +28.4% | ~100% | No billing data | Verified |
| 2022 | +1.3% | +1.3% | ~100% | 0.1000% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +44.5% | +11.2% | -4.8% | +44.5% | 2026 | -19.3% | 2025 |
| Assessment Ratio | 100.0% | 88.3% | — | 100.0% | 2025 | 76.3% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $1,379 | $15,695 | — | $30,011 | 2021 | $1,379 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,469,030 | ~$1,469,030 | ~0.0000% | ~$0 | +1.5% |
| 2027 | ~$1,490,652 | ~$1,490,652 | ~0.0000% | ~$0 | +3.0% |
| 2028 | ~$1,512,593 | ~$1,512,593 | ~0.0000% | ~$0 | +4.5% |
| 2029 | ~$1,534,857 | ~$1,534,857 | ~0.0000% | ~$0 | +6.0% |
| 2030 | ~$1,557,448 | ~$1,557,448 | ~0.0000% | ~$0 | +7.6% |
| 2026 | ~$1,440,075 | ~$1,440,075 | ~0.0000% | ~$0 | -0.5% |
| 2027 | ~$1,432,470 | ~$1,432,470 | ~0.0000% | ~$0 | -1.1% |
| 2028 | ~$1,424,905 | ~$1,424,905 | ~0.0000% | ~$0 | -1.6% |
| 2029 | ~$1,417,380 | ~$1,417,380 | ~0.0000% | ~$0 | -2.1% |
| 2030 | ~$1,409,895 | ~$1,409,895 | ~0.0000% | ~$0 | -2.6% |
| 2026 | ~$1,497,984 | ~$1,497,984 | ~0.0000% | ~$0 | +3.5% |
| 2027 | ~$1,549,993 | ~$1,549,993 | ~0.0000% | ~$0 | +7.1% |
| 2028 | ~$1,603,807 | ~$1,603,807 | ~0.0000% | ~$0 | +10.8% |
| 2029 | ~$1,659,489 | ~$1,659,489 | ~0.0000% | ~$0 | +14.6% |
| 2030 | ~$1,717,105 | ~$1,717,105 | ~0.0000% | ~$0 | +18.6% |
In 2025, this property's market value of $1,447,721 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +2% 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 | $1,447,721 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,793,943 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,396,877 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,378,746 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,365,532 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |