2400 PEARL ST AUSTIN, TX 78705
| Owner | HOUSE OF TUTORS INC |
|---|---|
| Parcel ID | 0214010702 |
| Short ID | 206599 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 11,336 SF |
| Land SF | 28,735 SF |
| Acres | 0.660 |
| Year Built | 1960 |
| Legal | S281.51 FT OF LOT 5 OLT 46 DIV D FRATERNITY ROW |
| Neighborhood | 52CEN |
| Land | $4,310,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,310,250 |
| Improvement | $200,041 |
|---|---|
| Total Improvement | $200,041 |
| Market | $4,510,291 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,510,291 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,510,291 |
| Taxable Value | $4,510,291 |
|---|
Appreciation: Market value has risen +103.3% from $2,218,658 (2021) to $4,510,291 (2025), a CAGR of 19.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $92,302. 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 96% of market value ($4,310,250 land vs $200,041 improvements), about $150/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 $4,510,291, 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 +19.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,948,316 by 2030, with an estimated annual tax burden around $136,833. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 8,887 SF | ✓ |
| 551 | PAVED AREA | 4,300 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 2,983 SF | ✗ |
| 2ND | 2nd Floor | 2,449 SF | ✓ |
| 611 | TERRACE | 1,940 SF | ✗ |
| 437 | FENCE MASON LF | 650 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 560 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 468 SF | ✗ |
| 511 | DECK | 372 SF | ✗ |
| SO | Sketch Only | 165 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | FIREPLACE | 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% | $41,729.21 | $41,729.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,634.69 | $23,634.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,951.70 | $16,951.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,323.18 | $5,323.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,663.64 | $4,663.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $92,302.42 | $92,302.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,415,621 | $4,510,291 | -2.1% |
| Assessed Value | $4,415,621 | $4,510,291 | -2.1% |
| Land Value | $4,310,250 | $4,310,250 | +0.0% |
| Improvement Value | $105,371 | $200,041 | -47.3% |
| Taxable Value | $4,415,621 | $4,510,291 | -2.1% |
| Total Tax 2026 = estimate |
~$90,365
Estimated
|
~$92,302
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,415,621 | $4,415,621 | +0 (+0.0%) |
| Taxable Value | $4,415,621 | $4,415,621 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,415,621 | $4,310,250 | $105,371 | — | $4,415,621 | $4,415,621 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,510,291 | $4,310,250 | $200,041 | — | $4,510,291 | $4,510,291 | ~$92,302 | Partial |
| 2024 | $4,398,054 | — | — | −$87,804 | $4,310,250 | $— | $89,244 | Verified |
| 2023 | $3,524,020 | — | — | — | $4,310,250 ! | $— | $79,572 | Verified |
| 2022 | $2,220,294 | — | — | — | $3,448,200 ! | $— | $69,597 | Verified |
| 2021 | $2,218,658 | — | — | −$63,533 | $2,155,125 | $— | $48,329 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | +2.4% | +2.4% | ~100% | 1.9800% | Verified |
| 2023 | +24.8% | +24.8% | ~100% | 1.8100% | Verified |
| 2022 | +58.7% | +58.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +103.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.1% | +16.8% | +19.9% | +58.7% | 2023 | -2.1% | 2026 |
| Assessment Ratio | 100.0% | 112.1% | — | 155.3% | 2022 | 97.1% | 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 |
$92,302 | $75,809 | ~$117,684 | $92,302 | 2025 | $48,329 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,385,588 | ~$4,961,320 | ~2.0139% | ~$99,918 | +19.4% |
| 2027 | ~$6,430,751 | ~$5,457,452 | ~1.9814% | ~$108,133 | +42.6% |
| 2028 | ~$7,678,744 | ~$6,003,197 | ~1.9488% | ~$116,993 | +70.2% |
| 2029 | ~$9,168,932 | ~$6,603,517 | ~1.9163% | ~$126,543 | +103.3% |
| 2030 | ~$10,948,316 | ~$7,263,869 | ~1.8837% | ~$136,833 | +142.7% |
| 2026 | ~$5,295,382 | ~$4,961,320 | ~2.0465% | ~$101,533 | +17.4% |
| 2027 | ~$6,217,131 | ~$5,457,452 | ~2.0465% | ~$111,686 | +37.8% |
| 2028 | ~$7,299,326 | ~$6,003,197 | ~2.0465% | ~$122,855 | +61.8% |
| 2029 | ~$8,569,895 | ~$6,603,517 | ~2.0465% | ~$135,140 | +90.0% |
| 2030 | ~$10,061,627 | ~$7,263,869 | ~2.0465% | ~$148,654 | +123.1% |
| 2026 | ~$5,475,794 | ~$4,961,320 | ~1.9977% | ~$99,110 | +21.4% |
| 2027 | ~$6,647,978 | ~$5,457,452 | ~1.9488% | ~$106,357 | +47.4% |
| 2028 | ~$8,071,088 | ~$6,003,197 | ~1.9000% | ~$114,062 | +78.9% |
| 2029 | ~$9,798,839 | ~$6,603,517 | ~1.8512% | ~$122,244 | +117.3% |
| 2030 | ~$11,896,443 | ~$7,263,869 | ~1.8024% | ~$130,922 | +163.8% |
In 2025, this property's market value of $4,510,291 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,510,291 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,398,054 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,524,020 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,220,294 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,218,658 | $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.