1800 ALEXANDER AVE TX 78702
| Owner | PEOPLEFUND |
|---|---|
| Parcel ID | 0210120152 |
| Short ID | 783238 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 10,869 SF |
| Land SF | 11,761 SF |
| Acres | 0.270 |
| Year Built | 2010 |
| Legal | LOT 1B BLK B CHESTNUT STATION & CHESTNUT STATION SEC 2 RESUB |
| Neighborhood | 52EAS |
| Land | $588,060 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $588,060 |
| Improvement | $2,226,899 |
|---|---|
| Total Improvement | $2,226,899 |
| Market | $2,814,959 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,814,959 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,814,959 |
| Taxable Value | $2,814,959 |
|---|
Appreciation: Market value has fallen -24.5% from $3,728,416 (2021) to $2,814,959 (2025), a CAGR of -6.8% over 4 years. Growth has been relatively flat for this asset class. 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 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 $57,608. 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 21% of market value ($588,060 land vs $2,226,899 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,814,959, 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 -6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,981,101 by 2030, with an estimated annual tax burden around $37,319. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 40,000 SF | ✗ |
| SO | Sketch Only | 24,214 SF | ✗ |
| 2ND | 2nd Floor | 5,829 SF | ✓ |
| 1ST | 1st Floor | 5,040 SF | ✓ |
| 501 | CANOPY | 1,758 SF | ✗ |
| 482 | LIGHT POLES | 7 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| MISC | Miscellaneous | 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% | $24,352.04 | $24,352.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,792.57 | $13,792.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,892.56 | $9,892.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,106.46 | $3,106.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,721.57 | $2,721.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $53,865.20 | $53,865.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,483,221 | $2,814,959 | -11.8% |
| Assessed Value | $2,483,221 | $2,814,959 | -11.8% |
| Land Value | $588,060 | $588,060 | +0.0% |
| Improvement Value | $1,895,161 | $2,226,899 | -14.9% |
| Taxable Value | $2,483,221 | $2,814,959 | -11.8% |
| Total Tax 2026 = estimate |
~$50,819
Estimated
|
~$53,865
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,613,917 | $2,483,221 | -130,696 (-5.0%) |
| Taxable Value | $2,613,917 | $2,483,221 | -130,696 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,483,221 | $588,060 | $1,895,161 | — | $2,483,221 | $2,483,221 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,814,959 | $588,060 | $2,226,899 | — | $2,814,959 | $2,814,959 | ~$53,865 | Partial |
| 2024 | $3,319,641 | — | — | — | — | $— | $61,946 | Verified |
| 2023 | $3,980,995 | — | — | — | — | $— | $60,060 | Verified |
| 2022 | $3,752,848 | — | — | — | — | $— | $78,622 | Verified |
| 2021 | $3,728,416 | — | — | −$3,551,998 | $176,418 | $— | $81,687 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.1% | -7.1% | ~100% | Not available | Partial |
| 2025 | -9.9% | -9.9% | ~100% | Not available | Partial |
| 2024 | -5.8% | -5.8% | ~100% | 1.9800% | Verified |
| 2023 | -16.6% | -16.6% | ~100% | 1.8100% | Verified |
| 2022 | +3.9% | +3.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.8% | -7.4% | -4.3% | +6.1% | 2023 | -16.6% | 2024 |
| Assessment Ratio | 100.0% | 68.2% | — | 100.0% | 2025 | 4.7% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$53,865 | $67,236 | ~$44,758 | $81,687 | 2021 | $53,865 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,623,971 | ~$2,623,971 | ~2.0139% | ~$52,845 | -6.8% |
| 2027 | ~$2,445,941 | ~$2,445,941 | ~1.9814% | ~$48,464 | -13.1% |
| 2028 | ~$2,279,990 | ~$2,279,990 | ~1.9488% | ~$44,433 | -19.0% |
| 2029 | ~$2,125,298 | ~$2,125,298 | ~1.9163% | ~$40,727 | -24.5% |
| 2030 | ~$1,981,101 | ~$1,981,101 | ~1.8837% | ~$37,319 | -29.6% |
| 2026 | ~$2,674,211 | ~$2,674,211 | ~2.0465% | ~$54,727 | -5.0% |
| 2027 | ~$2,540,500 | ~$2,540,500 | ~2.0465% | ~$51,991 | -9.8% |
| 2028 | ~$2,413,475 | ~$2,413,475 | ~2.0465% | ~$49,391 | -14.3% |
| 2029 | ~$2,292,802 | ~$2,292,802 | ~2.0465% | ~$46,922 | -18.5% |
| 2030 | ~$2,178,162 | ~$2,178,162 | ~2.0465% | ~$44,576 | -22.6% |
| 2026 | ~$2,680,270 | ~$2,680,270 | ~1.9977% | ~$53,543 | -4.8% |
| 2027 | ~$2,552,026 | ~$2,552,026 | ~1.9488% | ~$49,735 | -9.3% |
| 2028 | ~$2,429,917 | ~$2,429,917 | ~1.9000% | ~$46,169 | -13.7% |
| 2029 | ~$2,313,652 | ~$2,313,652 | ~1.8512% | ~$42,830 | -17.8% |
| 2030 | ~$2,202,949 | ~$2,202,949 | ~1.8024% | ~$39,705 | -21.7% |
In 2025, this property's market value of $2,814,959 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +99% 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 | $2,814,959 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,319,641 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,980,995 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,752,848 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,728,416 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.