1718 LAVACA ST TX 78701
| Owner | CAPITOL CREDIT UNION |
|---|---|
| Parcel ID | 0210022312 |
| Short ID | 199860 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,286 SF |
| Land SF | 7,680 SF |
| Acres | 0.176 |
| Year Built | 1969 |
| Legal | CEN 60' OF N 138' OF E128' OLT 36 DIVISION E |
| Neighborhood | 1CBD1 |
| Land | $3,840,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,840,000 |
| Improvement | $1,000 |
|---|---|
| Total Improvement | $1,000 |
| Market | $3,841,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,841,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,841,000 |
| Taxable Value | $3,841,000 |
|---|
Appreciation: Market value has risen +233.1% from $1,153,000 (2021) to $3,841,000 (2025), a CAGR of 35.1% 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 $78,605. 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 100% of market value ($3,840,000 land vs $1,000 improvements), about $500/SF of land. With value concentrated in the land under a ~57-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 $3,841,000, 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 +35.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,286,738 by 2030, with an estimated annual tax burden around $116,528. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,286 SF | ✓ |
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 407 | LOADING DOCK | 114 SF | ✓ |
| 501 | CANOPY | 94 SF | ✗ |
| SO | Sketch Only | 94 SF | ✗ |
Market value changed by 251% 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% | $35,536.93 | $35,536.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,127.49 | $20,127.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,436.21 | $14,436.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,533.26 | $4,533.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,971.59 | $3,971.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $78,605.48 | $78,605.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,841,000 | $3,841,000 | +0.0% |
| Assessed Value | $3,841,000 | $3,841,000 | +0.0% |
| Land Value | $3,840,000 | $3,840,000 | +0.0% |
| Improvement Value | $1,000 | $1,000 | +0.0% |
| Taxable Value | $3,841,000 | $3,841,000 | +0.0% |
| Total Tax 2026 = estimate |
~$78,605
Estimated
|
~$78,605
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,116,521 | $3,841,000 | -275,521 (-6.7%) |
| Taxable Value | $4,116,521 | $3,841,000 | -275,521 (-6.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,841,000 | $3,840,000 | $1,000 | — | $3,841,000 | $3,841,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,841,000 | $3,840,000 | $1,000 | — | $3,841,000 | $3,841,000 | ~$78,605 | Partial |
| 2024 | $3,841,000 | — | — | −$1,000 | $3,840,000 | $— | $76,121 | Verified |
| 2023 | $1,153,000 | — | — | — | $3,840,000 ! | $— | $69,493 | Verified |
| 2022 | $1,153,000 | — | — | −$1,000 | $1,152,000 | $— | $22,771 | Verified |
| 2021 | $1,153,000 | — | — | −$1,000 | $1,152,000 | $— | $25,750 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 1.9800% | Verified |
| 2023 | +251.2% ! | +251.2% | ~100% | 1.7200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +233.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +46.6% | +35.1% | +233.1% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 138.8% | — | 333.0% | 2023 | 99.9% | 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 |
$78,605 | $54,548 | ~$100,221 | $78,605 | 2025 | $22,771 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,189,172 | ~$4,225,100 | ~2.0139% | ~$85,091 | +35.1% |
| 2027 | ~$7,010,545 | ~$4,647,610 | ~1.9814% | ~$92,087 | +82.5% |
| 2028 | ~$9,471,212 | ~$5,112,371 | ~1.9488% | ~$99,632 | +146.6% |
| 2029 | ~$12,795,560 | ~$5,623,608 | ~1.9163% | ~$107,765 | +233.1% |
| 2030 | ~$17,286,738 | ~$6,185,969 | ~1.8837% | ~$116,528 | +350.1% |
| 2026 | ~$5,112,352 | ~$4,225,100 | ~2.0465% | ~$86,466 | +33.1% |
| 2027 | ~$6,804,515 | ~$4,647,610 | ~2.0465% | ~$95,113 | +77.2% |
| 2028 | ~$9,056,776 | ~$5,112,371 | ~2.0465% | ~$104,624 | +135.8% |
| 2029 | ~$12,054,523 | ~$5,623,608 | ~2.0465% | ~$115,086 | +213.8% |
| 2030 | ~$16,044,510 | ~$6,185,969 | ~2.0465% | ~$126,595 | +317.7% |
| 2026 | ~$5,265,992 | ~$4,225,100 | ~1.9977% | ~$84,403 | +37.1% |
| 2027 | ~$7,219,649 | ~$4,647,610 | ~1.9488% | ~$90,574 | +88.0% |
| 2028 | ~$9,898,102 | ~$5,112,371 | ~1.9000% | ~$97,136 | +157.7% |
| 2029 | ~$13,570,249 | ~$5,623,608 | ~1.8512% | ~$104,104 | +253.3% |
| 2030 | ~$18,604,744 | ~$6,185,969 | ~1.8024% | ~$111,494 | +384.4% |
In 2025, this property's market value of $3,841,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +171% 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 | $3,841,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,841,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,153,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,153,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,153,000 | $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.