922 W 12 ST TX 78703
| Owner | THURMAN RUSSELL T ETAL |
|---|---|
| Parcel ID | 0210000904 |
| Short ID | 199674 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,926 SF |
| Land SF | 4,546 SF |
| Acres | 0.104 |
| Year Built | 1937 |
| Legal | W 35.8' OF LOT 19 OLT 6 DIV Z PEASE SUBD OF HORACE LUCKETT |
| Neighborhood | 32CBD |
| Land | $397,775 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $397,775 |
| Improvement | $994,620 |
|---|---|
| Total Improvement | $994,620 |
| Market | $1,392,395 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,392,395 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,392,395 |
| Taxable Value | $1,392,395 |
|---|
Appreciation: Market value has risen +11.4% from $1,250,000 (2021) to $1,392,395 (2025), a CAGR of 2.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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.
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 $28,495. 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 29% of market value ($397,775 land vs $994,620 improvements), about $88/SF of land. Most value sits in the improvements, so building condition, age (~89 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,392,395, this parcel sits in the lower-middle (25th–50th 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 +2.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,593,412 by 2030, with an estimated annual tax burden around $30,016. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 3,000 SF | ✓ |
| 2ND | 2nd Floor | 1,926 SF | ✓ |
| 511 | DECK | 936 SF | ✗ |
| 611 | TERRACE | 608 SF | ✗ |
| 501 | CANOPY | 144 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $12,882.44 | $12,882.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,296.39 | $7,296.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,233.25 | $5,233.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,643.35 | $1,643.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,439.74 | $1,439.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,495.17 | $28,495.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,400,400 | $1,392,395 | +0.6% |
| Assessed Value | $1,400,400 | $1,392,395 | +0.6% |
| Land Value | $909,200 | $397,775 | +128.6% |
| Improvement Value | $491,200 | $994,620 | -50.6% |
| Taxable Value | $1,400,400 | $1,392,395 | +0.6% |
| Total Tax 2026 = estimate |
~$28,659
Estimated
|
~$28,495
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,454,282 | $1,400,400 | -53,882 (-3.7%) |
| Taxable Value | $1,454,282 | $1,400,400 | -53,882 (-3.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,400,400 | $909,200 | $491,200 | — | $1,400,400 | $1,400,400 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,392,395 | $397,775 | $994,620 | — | $1,392,395 | $1,392,395 | ~$28,495 | Partial |
| 2024 | $1,250,000 | — | — | −$852,225 | $397,775 | $— | $24,773 | Verified |
| 2023 | $1,250,000 | — | — | −$909,050 | $340,950 | $— | $22,616 | Verified |
| 2022 | $1,206,143 | — | — | −$865,193 | $340,950 | $— | $24,687 | Verified |
| 2021 | $1,250,000 | — | — | −$909,050 | $340,950 | $— | $21,983 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.4% | +4.4% | ~100% | Not available | Partial |
| 2025 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +3.6% | +3.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +2.4% | +2.6% | +11.4% | 2025 | -3.5% | 2022 |
| Assessment Ratio | 100.0% | 52.4% | — | 100.0% | 2025 | 27.3% | 2021 |
| 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 |
$28,495 | $24,511 | ~$29,417 | $28,495 | 2025 | $21,983 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,430,459 | ~$1,430,459 | ~2.0139% | ~$28,809 | +2.7% |
| 2027 | ~$1,469,565 | ~$1,469,565 | ~1.9814% | ~$29,118 | +5.5% |
| 2028 | ~$1,509,739 | ~$1,509,739 | ~1.9488% | ~$29,422 | +8.4% |
| 2029 | ~$1,551,011 | ~$1,551,011 | ~1.9163% | ~$29,722 | +11.4% |
| 2030 | ~$1,593,412 | ~$1,593,412 | ~1.8837% | ~$30,016 | +14.4% |
| 2026 | ~$1,402,612 | ~$1,402,612 | ~2.0465% | ~$28,704 | +0.7% |
| 2027 | ~$1,412,903 | ~$1,412,903 | ~2.0465% | ~$28,915 | +1.5% |
| 2028 | ~$1,423,270 | ~$1,423,270 | ~2.0465% | ~$29,127 | +2.2% |
| 2029 | ~$1,433,713 | ~$1,433,713 | ~2.0465% | ~$29,341 | +3.0% |
| 2030 | ~$1,444,233 | ~$1,444,233 | ~2.0465% | ~$29,556 | +3.7% |
| 2026 | ~$1,458,307 | ~$1,458,307 | ~1.9977% | ~$29,132 | +4.7% |
| 2027 | ~$1,527,340 | ~$1,527,340 | ~1.9488% | ~$29,765 | +9.7% |
| 2028 | ~$1,599,640 | ~$1,599,640 | ~1.9000% | ~$30,393 | +14.9% |
| 2029 | ~$1,675,363 | ~$1,675,363 | ~1.8512% | ~$31,014 | +20.3% |
| 2030 | ~$1,754,670 | ~$1,754,670 | ~1.8024% | ~$31,626 | +26.0% |
In 2025, this property's market value of $1,392,395 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -2% 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 | $1,392,395 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,250,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,250,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,206,143 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,250,000 | $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.