811 E 32 ST TX
| Owner | UMATHI LP |
|---|---|
| Parcel ID | 0215060805 |
| Short ID | 208823 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,734 SF |
| Land SF | 9,068 SF |
| Acres | 0.208 |
| Year Built | 1940 |
| Legal | .2082 AC OF OLT 5 DIVISION C |
| Neighborhood | 59CEN |
| Land | $906,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $906,800 |
| Improvement | $291,446 |
|---|---|
| Total Improvement | $291,446 |
| Market | $1,198,246 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,198,246 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,198,246 |
| Taxable Value | $1,198,246 |
|---|
Appreciation: Market value has risen +2.3% from $1,171,736 (2021) to $1,198,246 (2025), a CAGR of 0.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $24,522. 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 76% of market value ($906,800 land vs $291,446 improvements), about $100/SF of land. With value concentrated in the land under a ~86-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 $1,198,246, 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 +0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,232,229 by 2030, with an estimated annual tax burden around $23,212. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,800 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,734 SF | ✗ |
| 1ST | 1st Floor | 2,196 SF | ✓ |
| 1/2 | Half Floor | 538 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 144 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 80 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522C | FIREPLACE COMM | 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% | $11,086.17 | $11,086.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,279.01 | $6,279.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,503.55 | $4,503.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,414.21 | $1,414.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,238.99 | $1,238.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,521.93 | $24,521.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,859,828 | $1,198,246 | +55.2% |
| Assessed Value | $1,437,895 | $1,198,246 | +20.0% |
| Land Value | $906,800 | $906,800 | +0.0% |
| Improvement Value | $953,028 | $291,446 | +227.0% |
| Taxable Value | $1,437,895 | $1,198,246 | +20.0% |
| HS Cap Loss | -$421,933 | — | |
| Total Tax 2026 = estimate |
~$29,426
Estimated
|
~$24,522
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,859,828 | $1,859,828 | +0 (+0.0%) |
| Taxable Value | $1,437,895 | $1,437,895 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,859,828 | $906,800 | $953,028 | −$421,933 | $1,437,895 | $1,437,895 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,198,246 | $906,800 | $291,446 | — | $1,198,246 | $1,198,246 | ~$24,522 | Partial |
| 2024 | $1,398,806 | — | — | −$492,006 | $906,800 | $— | $24,710 | Verified |
| 2023 | $1,238,416 | — | — | −$331,616 | $906,800 | $— | $25,308 | Verified |
| 2022 | $1,140,258 | — | — | −$505,498 | $634,760 | $— | $24,458 | Verified |
| 2021 | $1,171,736 | — | — | −$536,976 | $634,760 | $— | $24,820 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +55.2% | +20.0% | 77.3% | Not available | Partial |
| 2025 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2024 | -16.2% | -16.2% | ~100% | 1.9800% | Verified |
| 2023 | +20.2% | +20.2% | ~100% | 1.7000% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +55.2% | +12.0% | -6.6% | +55.2% | 2026 | -14.3% | 2025 |
| Assessment Ratio | 77.3% | 70.9% | — | 100.0% | 2025 | 54.2% | 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 |
$24,522 | $24,764 | ~$23,743 | $25,308 | 2023 | $24,458 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,204,967 | ~$1,204,967 | ~2.0139% | ~$24,267 | +0.6% |
| 2027 | ~$1,211,725 | ~$1,211,725 | ~1.9814% | ~$24,009 | +1.1% |
| 2028 | ~$1,218,521 | ~$1,218,521 | ~1.9488% | ~$23,747 | +1.7% |
| 2029 | ~$1,225,356 | ~$1,225,356 | ~1.9163% | ~$23,481 | +2.3% |
| 2030 | ~$1,232,229 | ~$1,232,229 | ~1.8837% | ~$23,212 | +2.8% |
| 2026 | ~$1,181,002 | ~$1,181,002 | ~2.0465% | ~$24,169 | -1.4% |
| 2027 | ~$1,164,006 | ~$1,164,006 | ~2.0465% | ~$23,821 | -2.9% |
| 2028 | ~$1,147,254 | ~$1,147,254 | ~2.0465% | ~$23,478 | -4.3% |
| 2029 | ~$1,130,744 | ~$1,130,744 | ~2.0465% | ~$23,141 | -5.6% |
| 2030 | ~$1,114,471 | ~$1,114,471 | ~2.0465% | ~$22,807 | -7.0% |
| 2026 | ~$1,228,932 | ~$1,228,932 | ~1.9977% | ~$24,550 | +2.6% |
| 2027 | ~$1,260,403 | ~$1,260,403 | ~1.9488% | ~$24,563 | +5.2% |
| 2028 | ~$1,292,680 | ~$1,292,680 | ~1.9000% | ~$24,561 | +7.9% |
| 2029 | ~$1,325,784 | ~$1,325,784 | ~1.8512% | ~$24,543 | +10.6% |
| 2030 | ~$1,359,736 | ~$1,359,736 | ~1.8024% | ~$24,507 | +13.5% |
In 2025, this property's market value of $1,198,246 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -15% 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 | $1,198,246 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,398,806 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,238,416 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,140,258 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,171,736 | $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.