1720 LAVACA ST TX 78701
| Owner | CAPITOL CREDIT UNION |
|---|---|
| Parcel ID | 0210022311 |
| Short ID | 199859 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 4,096 SF |
| Acres | 0.094 |
| Year Built | — |
| Legal | N32' OF E128' OLT 36 DIVISION E |
| Neighborhood | 1CBD1 |
| Land | $2,048,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,048,000 |
| Improvement | $10,584 |
|---|---|
| Total Improvement | $10,584 |
| Market | $2,058,584 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,058,584 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,058,584 |
| Taxable Value | $2,058,584 |
|---|
Appreciation: Market value has risen +235.1% from $614,400 (2021) to $2,058,584 (2025), a CAGR of 35.3% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $42,129. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 99% of market value ($2,048,000 land vs $10,584 improvements), about $500/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,058,584, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +35.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,331,798 by 2030, with an estimated annual tax burden around $62,453. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
Market value changed by 230% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $19,046.02 | $19,046.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,787.33 | $10,787.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,737.09 | $7,737.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,429.60 | $2,429.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,128.58 | $2,128.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,128.62 | $42,128.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,058,584 | $2,058,584 | +0.0% |
| Assessed Value | $2,058,584 | $2,058,584 | +0.0% |
| Land Value | $2,048,000 | $2,048,000 | +0.0% |
| Improvement Value | $10,584 | $10,584 | +0.0% |
| Taxable Value | $2,058,584 | $2,058,584 | +0.0% |
| Total Tax 2026 = estimate |
~$42,129
Estimated
|
~$42,129
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,058,584 | $2,058,584 | +0 (+0.0%) |
| Taxable Value | $2,058,584 | $2,058,584 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,058,584 | $2,048,000 | $10,584 | — | $2,058,584 | $2,058,584 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,058,584 | $2,048,000 | $10,584 | — | $2,058,584 | $2,058,584 | ~$42,129 | Partial |
| 2024 | $2,058,584 | — | — | −$10,584 | $2,048,000 | $— | $40,797 | Verified |
| 2023 | $623,016 | — | — | — | $2,048,000 ! | $— | $37,245 | Verified |
| 2022 | $616,856 | — | — | −$2,456 | $614,400 | $— | $12,304 | Verified |
| 2021 | $614,400 | — | — | — | $614,400 | $— | $13,544 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +230.4% ! | +230.4% | ~100% | 1.8100% | Verified |
| 2022 | +1.0% | +1.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +233.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +46.4% | +35.3% | +230.4% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 138.0% | — | 328.7% | 2023 | 99.5% | 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 |
$42,129 | $29,204 | ~$53,713 | $42,129 | 2025 | $12,304 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,785,146 | ~$2,264,442 | ~2.0139% | ~$45,604 | +35.3% |
| 2027 | ~$3,768,142 | ~$2,490,887 | ~1.9814% | ~$49,354 | +83.0% |
| 2028 | ~$5,098,080 | ~$2,739,975 | ~1.9488% | ~$53,398 | +147.6% |
| 2029 | ~$6,897,409 | ~$3,013,973 | ~1.9163% | ~$57,756 | +235.1% |
| 2030 | ~$9,331,798 | ~$3,315,370 | ~1.8837% | ~$62,453 | +353.3% |
| 2026 | ~$2,743,974 | ~$2,264,442 | ~2.0465% | ~$46,341 | +33.3% |
| 2027 | ~$3,657,560 | ~$2,490,887 | ~2.0465% | ~$50,976 | +77.7% |
| 2028 | ~$4,875,317 | ~$2,739,975 | ~2.0465% | ~$56,073 | +136.8% |
| 2029 | ~$6,498,517 | ~$3,013,973 | ~2.0465% | ~$61,681 | +215.7% |
| 2030 | ~$8,662,150 | ~$3,315,370 | ~2.0465% | ~$67,849 | +320.8% |
| 2026 | ~$2,826,318 | ~$2,264,442 | ~1.9977% | ~$45,236 | +37.3% |
| 2027 | ~$3,880,371 | ~$2,490,887 | ~1.9488% | ~$48,543 | +88.5% |
| 2028 | ~$5,327,527 | ~$2,739,975 | ~1.9000% | ~$52,060 | +158.8% |
| 2029 | ~$7,314,388 | ~$3,013,973 | ~1.8512% | ~$55,794 | +255.3% |
| 2030 | ~$10,042,235 | ~$3,315,370 | ~1.8024% | ~$59,755 | +387.8% |
In 2025, this property's market value of $2,058,584 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 24× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,058,584 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,058,584 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $623,016 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $616,856 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $614,400 | $6,000 | $14,480 | $80,000 | ↑ Top 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.