1006 W 12 ST TX 78703
| Owner | DONS BS LLC |
|---|---|
| Parcel ID | 0210000817 |
| Short ID | 199669 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 8,428 SF |
| Land SF | 19,389 SF |
| Acres | 0.445 |
| Year Built | 1964 |
| Legal | 91X137.5' OF LOT 14 OLT 6 DIV Z PEASE SUBD OF HORACE LUCKETT & LOT 60 OLT 6 DIV Z ENFIELD A |
| Neighborhood | 83CEN |
| Land | $2,908,284 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,908,284 |
| Improvement | $517,236 |
|---|---|
| Total Improvement | $517,236 |
| Market | $3,425,520 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,425,520 |
| Value Limitation Adjustment (−) (homestead cap) | −$425,520 |
| Net Appraised (assessed) | $3,000,000 |
| Taxable Value | $3,000,000 |
|---|
Appreciation: Market value has risen +45.4% from $2,356,442 (2021) to $3,425,520 (2025), a CAGR of 9.8% 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 $61,395. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,000,000) is $425,520 below market value, suggesting potential for an upward assessment in future years.
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 85% of market value ($2,908,284 land vs $517,236 improvements), about $150/SF of land. With value concentrated in the land under a ~62-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 $3,425,520, this parcel sits in the top quartile (≥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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,467,814 by 2030, with an estimated annual tax burden around $91,014. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 11,950 SF | ✗ |
| 1ST | 1st Floor | 8,428 SF | ✓ |
| SO | Sketch Only | 786 SF | ✗ |
| 501 | CANOPY | 48 SF | ✗ |
| 541 | FENCE COMM LF | 20 SF | ✗ |
| 531 | OBS FENCE | 1 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% | $27,756.00 | $27,756.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,720.51 | $15,720.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,275.35 | $11,275.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,540.69 | $3,540.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,102.00 | $3,102.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $61,394.55 | $61,394.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,471,505 | $3,425,520 | +1.3% |
| Assessed Value | $3,471,505 | $3,000,000 | +15.7% |
| Land Value | $2,908,284 | $2,908,284 | +0.0% |
| Improvement Value | $563,221 | $517,236 | +8.9% |
| Taxable Value | $3,471,505 | $3,000,000 | +15.7% |
| Total Tax 2026 = estimate |
~$71,044
Estimated
|
~$61,395
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,471,505 | $3,471,505 | +0 (+0.0%) |
| Taxable Value | $3,471,505 | $3,471,505 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,471,505 | $2,908,284 | $563,221 | — | $3,471,505 | $3,471,505 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,425,520 | $2,908,284 | $517,236 | −$425,520 | $3,000,000 | $3,000,000 | ~$61,395 | Partial |
| 2024 | $2,750,000 | — | — | — | — | $— | $49,545 | Verified |
| 2023 | $2,044,975 | — | — | — | — | $— | $49,754 | Verified |
| 2022 | $2,349,200 | — | — | — | — | $— | $40,387 | Verified |
| 2021 | $2,356,442 | — | — | −$417,586 | $1,938,856 | $— | $51,135 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.3% | +15.7% | ~100% | Not available | Partial |
| 2025 | +37.0% | +20.0% | 87.6% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | 1.9800% | Verified |
| 2023 | +34.5% | +34.5% | ~100% | 1.8100% | Verified |
| 2022 | -13.0% | -13.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.3% | +9.4% | +9.5% | +34.5% | 2024 | -13.0% | 2023 |
| Assessment Ratio | 100.0% | 90.0% | — | 100.0% | 2026 | 82.3% | 2021 |
| Effective Tax Rate (2025) | 1.7900% | 1.7900% | — | 1.7900% | 2025 | 1.7900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$61,395 | $50,443 | ~$78,277 | $61,395 | 2025 | $40,387 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,761,352 | ~$3,300,000 | ~2.0139% | ~$66,460 | +9.8% |
| 2027 | ~$4,130,108 | ~$3,630,000 | ~1.9814% | ~$71,924 | +20.6% |
| 2028 | ~$4,535,016 | ~$3,993,000 | ~1.9488% | ~$77,817 | +32.4% |
| 2029 | ~$4,979,621 | ~$4,392,300 | ~1.9163% | ~$84,169 | +45.4% |
| 2030 | ~$5,467,814 | ~$4,831,530 | ~1.8837% | ~$91,014 | +59.6% |
| 2026 | ~$3,692,841 | ~$3,300,000 | ~2.0465% | ~$67,534 | +7.8% |
| 2027 | ~$3,981,024 | ~$3,630,000 | ~2.0465% | ~$74,287 | +16.2% |
| 2028 | ~$4,291,696 | ~$3,993,000 | ~2.0465% | ~$81,716 | +25.3% |
| 2029 | ~$4,626,612 | ~$4,392,300 | ~2.0465% | ~$89,888 | +35.1% |
| 2030 | ~$4,987,664 | ~$4,831,530 | ~2.0465% | ~$98,877 | +45.6% |
| 2026 | ~$3,829,862 | ~$3,300,000 | ~1.9977% | ~$65,923 | +11.8% |
| 2027 | ~$4,281,932 | ~$3,630,000 | ~1.9488% | ~$70,743 | +25.0% |
| 2028 | ~$4,787,363 | ~$3,993,000 | ~1.9000% | ~$75,868 | +39.8% |
| 2029 | ~$5,352,455 | ~$4,392,300 | ~1.8512% | ~$81,310 | +56.3% |
| 2030 | ~$5,984,249 | ~$4,831,530 | ~1.8024% | ~$87,082 | +74.7% |
In 2025, this property's market value of $3,425,520 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +142% 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 | $3,425,520 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,750,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,044,975 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,349,200 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,356,442 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.