1902 E M L KING JR BLVD TX 78702
| Owner | BAR-OR PROPERTIES LLC |
|---|---|
| Parcel ID | 0211091811 |
| Short ID | 368766 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,484 SF |
| Land SF | 9,685 SF |
| Acres | 0.222 |
| Year Built | 1960 |
| Legal | LOT 2 BLK 1 OLT 46 DIV B JOHNS C R SUBD |
| Neighborhood | 30CEN |
| Land | $871,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $871,650 |
| Improvement | $41,944 |
|---|---|
| Total Improvement | $41,944 |
| Market | $913,594 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $913,594 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $913,594 |
| Taxable Value | $913,594 |
|---|
Appreciation: Market value has risen +6.0% from $861,808 (2021) to $913,594 (2025), a CAGR of 1.5% 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 $18,697. 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 95% of market value ($871,650 land vs $41,944 improvements), about $90/SF of land. With value concentrated in the land under a ~66-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 $913,594, 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 +1.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $982,724 by 2030, with an estimated annual tax burden around $18,512. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,700 SF | ✗ |
| 1ST | 1st Floor | 2,484 SF | ✓ |
| 611 | TERRACE | 703 SF | ✗ |
| 501 | CANOPY | 703 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% | $8,452.57 | $8,452.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,787.39 | $4,787.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,433.70 | $3,433.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,078.25 | $1,078.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $944.66 | $944.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,696.57 | $18,696.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $916,195 | $913,594 | +0.3% |
| Assessed Value | $916,195 | $913,594 | +0.3% |
| Land Value | $871,650 | $871,650 | +0.0% |
| Improvement Value | $44,545 | $41,944 | +6.2% |
| Taxable Value | $916,195 | $913,594 | +0.3% |
| Total Tax 2026 = estimate |
~$18,750
Estimated
|
~$18,697
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $916,195 | $916,195 | +0 (+0.0%) |
| Taxable Value | $916,195 | $916,195 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $916,195 | $871,650 | $44,545 | — | $916,195 | $916,195 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $913,594 | $871,650 | $41,944 | — | $913,594 | $913,594 | ~$18,697 | Partial |
| 2024 | $956,269 | — | — | −$84,619 | $871,650 | $— | $18,921 | Verified |
| 2023 | $790,784 | — | — | — | $871,650 ! | $— | $17,301 | Verified |
| 2022 | $762,231 | — | — | −$84,281 | $677,950 | $— | $15,617 | Verified |
| 2021 | $861,808 | — | — | −$183,858 | $677,950 | $— | $16,591 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9800% | Verified |
| 2023 | +20.9% | +20.9% | ~100% | 1.8100% | Verified |
| 2022 | +3.7% | +3.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +1.8% | +1.4% | +20.9% | 2024 | -11.6% | 2022 |
| Assessment Ratio | 100.0% | 94.8% | — | 110.2% | 2023 | 78.7% | 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 |
$18,697 | $17,425 | ~$18,596 | $18,921 | 2024 | $15,617 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$927,020 | ~$927,020 | ~2.0139% | ~$18,670 | +1.5% |
| 2027 | ~$940,643 | ~$940,643 | ~1.9814% | ~$18,638 | +3.0% |
| 2028 | ~$954,466 | ~$954,466 | ~1.9488% | ~$18,601 | +4.5% |
| 2029 | ~$968,492 | ~$968,492 | ~1.9163% | ~$18,559 | +6.0% |
| 2030 | ~$982,724 | ~$982,724 | ~1.8837% | ~$18,512 | +7.6% |
| 2026 | ~$908,748 | ~$908,748 | ~2.0465% | ~$18,597 | -0.5% |
| 2027 | ~$903,927 | ~$903,927 | ~2.0465% | ~$18,499 | -1.1% |
| 2028 | ~$899,132 | ~$899,132 | ~2.0465% | ~$18,401 | -1.6% |
| 2029 | ~$894,363 | ~$894,363 | ~2.0465% | ~$18,303 | -2.1% |
| 2030 | ~$889,618 | ~$889,618 | ~2.0465% | ~$18,206 | -2.6% |
| 2026 | ~$945,291 | ~$945,291 | ~1.9977% | ~$18,884 | +3.5% |
| 2027 | ~$978,089 | ~$978,089 | ~1.9488% | ~$19,061 | +7.1% |
| 2028 | ~$1,012,024 | ~$1,012,024 | ~1.9000% | ~$19,229 | +10.8% |
| 2029 | ~$1,047,136 | ~$1,047,136 | ~1.8512% | ~$19,385 | +14.6% |
| 2030 | ~$1,083,467 | ~$1,083,467 | ~1.8024% | ~$19,528 | +18.6% |
In 2025, this property's market value of $913,594 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -36% 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 | $913,594 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $956,269 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $790,784 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $762,231 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $861,808 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.