608 W 22 ST TX 78705
| Owner | TEXAS STATE FREEDOM NETWORK & |
|---|---|
| Parcel ID | 0212010308 |
| Short ID | 203489 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,773 SF |
| Land SF | 6,132 SF |
| Acres | 0.141 |
| Year Built | 1920 |
| Legal | LOT 2 MCHONE ADDN |
| Neighborhood | 59CEN |
| Land | $1,379,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,379,700 |
| Improvement | $305,015 |
|---|---|
| Total Improvement | $305,015 |
| Market | $1,684,715 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,684,715 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,684,715 |
| Taxable Value | $1,684,715 |
|---|
Appreciation: Market value has risen +50.5% from $1,119,746 (2021) to $1,684,715 (2025), a CAGR of 10.8% 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 $34,477. 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 82% of market value ($1,379,700 land vs $305,015 improvements), about $225/SF of land. With value concentrated in the land under a ~106-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 $1,684,715, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,807,276 by 2030, with an estimated annual tax burden around $51,111. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 3,400 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,773 SF | ✗ |
| 1ST | 1st Floor | 2,233 SF | ✓ |
| 1/2 | Half Floor | 540 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 80 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 49 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% | $15,586.98 | $15,586.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,828.19 | $8,828.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,331.92 | $6,331.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,988.35 | $1,988.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,742.00 | $1,742.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,477.44 | $34,477.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,377,099 | $1,684,715 | +41.1% |
| Assessed Value | $2,021,658 | $1,684,715 | +20.0% |
| Land Value | $1,379,700 | $1,379,700 | +0.0% |
| Improvement Value | $997,399 | $305,015 | +227.0% |
| Taxable Value | $2,021,658 | $1,684,715 | +20.0% |
| HS Cap Loss | -$355,441 | — | |
| Total Tax 2026 = estimate |
~$41,373
Estimated
|
~$34,477
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,377,099 | $2,377,099 | +0 (+0.0%) |
| Taxable Value | $2,021,658 | $2,021,658 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,377,099 | $1,379,700 | $997,399 | −$355,441 | $2,021,658 | $2,021,658 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,684,715 | $1,379,700 | $305,015 | — | $1,684,715 | $1,684,715 | ~$34,477 | Partial |
| 2024 | $1,988,776 | — | — | −$609,076 | $1,379,700 | $— | $34,404 | Verified |
| 2023 | $1,216,342 | — | — | — | $1,379,700 ! | $— | $35,982 | Verified |
| 2022 | $1,149,878 | — | — | −$597,998 | $551,880 | $— | $24,022 | Verified |
| 2021 | $1,119,746 | — | — | −$567,866 | $551,880 | $— | $25,029 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.1% | +20.0% | 85.0% | Not available | Partial |
| 2025 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2024 | -12.7% | -12.7% | ~100% | 1.9800% | Verified |
| 2023 | +63.5% | +63.5% | ~100% | 1.8100% | Verified |
| 2022 | +5.8% | +5.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +41.1% | +19.6% | +4.3% | +63.5% | 2024 | -15.3% | 2025 |
| Assessment Ratio | 85.0% | 77.5% | — | 113.4% | 2023 | 48.0% | 2022 |
| 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 |
$34,477 | $30,783 | ~$43,958 | $35,982 | 2023 | $24,022 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,865,856 | ~$1,853,187 | ~2.0139% | ~$37,322 | +10.8% |
| 2027 | ~$2,066,474 | ~$2,038,505 | ~1.9814% | ~$40,391 | +22.7% |
| 2028 | ~$2,288,662 | ~$2,242,356 | ~1.9488% | ~$43,700 | +35.8% |
| 2029 | ~$2,534,740 | ~$2,466,591 | ~1.9163% | ~$47,267 | +50.5% |
| 2030 | ~$2,807,276 | ~$2,713,250 | ~1.8837% | ~$51,111 | +66.6% |
| 2026 | ~$1,832,162 | ~$1,832,162 | ~2.0465% | ~$37,495 | +8.8% |
| 2027 | ~$1,992,513 | ~$1,992,513 | ~2.0465% | ~$40,776 | +18.3% |
| 2028 | ~$2,166,899 | ~$2,166,899 | ~2.0465% | ~$44,345 | +28.6% |
| 2029 | ~$2,356,547 | ~$2,356,547 | ~2.0465% | ~$48,226 | +39.9% |
| 2030 | ~$2,562,793 | ~$2,562,793 | ~2.0465% | ~$52,447 | +52.1% |
| 2026 | ~$1,899,551 | ~$1,853,187 | ~1.9977% | ~$37,020 | +12.8% |
| 2027 | ~$2,141,782 | ~$2,038,505 | ~1.9488% | ~$39,727 | +27.1% |
| 2028 | ~$2,414,903 | ~$2,242,356 | ~1.9000% | ~$42,605 | +43.3% |
| 2029 | ~$2,722,852 | ~$2,466,591 | ~1.8512% | ~$45,661 | +61.6% |
| 2030 | ~$3,070,071 | ~$2,713,250 | ~1.8024% | ~$48,903 | +82.2% |
In 2025, this property's market value of $1,684,715 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +19% 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 | $1,684,715 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,988,776 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,216,342 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,149,878 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,119,746 | $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.