1000 E 40 ST TX
| Owner | AUSTIN CHRONICLE PROPERTIES INC |
|---|---|
| Parcel ID | 0217090431 |
| Short ID | 211823 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,826 SF |
| Land SF | 13,146 SF |
| Acres | 0.302 |
| Year Built | 1998 |
| Legal | N 153 FT OF S 1/2 OF LOT 3 BLK 11 OLT 20-21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | 53CEN |
| Land | $657,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $657,300 |
| Improvement | $865,037 |
|---|---|
| Total Improvement | $865,037 |
| Market | $1,522,337 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,522,337 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,522,337 |
| Taxable Value | $1,522,337 |
|---|
Appreciation: Market value has fallen -21.2% from $1,930,737 (2021) to $1,522,337 (2025), a CAGR of -5.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $31,154. 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 43% of market value ($657,300 land vs $865,037 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,522,337, 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 -5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,131,085 by 2030, with an estimated annual tax burden around $21,307. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 5,000 SF | ✗ |
| 1ST | 1st Floor | 3,228 SF | ✓ |
| 2ND | 2nd Floor | 1,598 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,326 SF | ✗ |
| 491 | SPRINKLER HEADS | 1,326 SF | ✗ |
| 630C | PORCH CLOS FIN COMM | 361 SF | ✓ |
| 513C | DECK COVERD COMM | 233 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 168 SF | ✗ |
| 511 | DECK | 82 SF | ✗ |
| 611 | TERRACE | 42 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $14,084.66 | $14,084.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,977.30 | $7,977.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,721.63 | $5,721.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,796.71 | $1,796.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,574.10 | $1,574.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,154.40 | $31,154.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,069,627 | $1,522,337 | +36.0% |
| Assessed Value | $1,826,804 | $1,522,337 | +20.0% |
| Land Value | $657,300 | $657,300 | +0.0% |
| Improvement Value | $1,412,327 | $865,037 | +63.3% |
| Taxable Value | $1,826,804 | $1,522,337 | +20.0% |
| HS Cap Loss | -$242,823 | — | |
| Total Tax 2026 = estimate |
~$37,385
Estimated
|
~$31,154
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,069,627 | $2,069,627 | +0 (+0.0%) |
| Taxable Value | $1,826,804 | $1,826,804 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,069,627 | $657,300 | $1,412,327 | −$242,823 | $1,826,804 | $1,826,804 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,522,337 | $657,300 | $865,037 | — | $1,522,337 | $1,522,337 | ~$31,154 | Partial |
| 2024 | $2,385,088 | — | — | −$1,727,788 | $657,300 | $— | $32,927 | Verified |
| 2023 | $2,193,047 | — | — | −$1,535,747 | $657,300 | $— | $43,152 | Verified |
| 2022 | $2,010,784 | — | — | −$1,353,484 | $657,300 | $— | $43,311 | Verified |
| 2021 | $1,930,737 | — | — | −$1,273,437 | $657,300 | $— | $43,768 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.0% | +20.0% | 88.3% | Not available | Partial |
| 2025 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2024 | -30.3% | -30.3% | ~100% | 1.9800% | Verified |
| 2023 | +8.8% | +8.8% | ~100% | 1.8100% | Verified |
| 2022 | +9.1% | +9.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -24.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +36.0% | +4.4% | -10.8% | +36.0% | 2026 | -36.2% | 2025 |
| Assessment Ratio | 88.3% | 52.1% | — | 100.0% | 2025 | 27.6% | 2024 |
| 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 |
$31,154 | $38,863 | ~$24,961 | $43,768 | 2021 | $31,154 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,434,524 | ~$1,434,524 | ~2.0139% | ~$28,890 | -5.8% |
| 2027 | ~$1,351,776 | ~$1,351,776 | ~1.9814% | ~$26,784 | -11.2% |
| 2028 | ~$1,273,801 | ~$1,273,801 | ~1.9488% | ~$24,824 | -16.3% |
| 2029 | ~$1,200,324 | ~$1,200,324 | ~1.9163% | ~$23,002 | -21.2% |
| 2030 | ~$1,131,085 | ~$1,131,085 | ~1.8837% | ~$21,307 | -25.7% |
| 2026 | ~$1,446,220 | ~$1,446,220 | ~2.0465% | ~$29,597 | -5.0% |
| 2027 | ~$1,373,909 | ~$1,373,909 | ~2.0465% | ~$28,117 | -9.8% |
| 2028 | ~$1,305,214 | ~$1,305,214 | ~2.0465% | ~$26,711 | -14.3% |
| 2029 | ~$1,239,953 | ~$1,239,953 | ~2.0465% | ~$25,375 | -18.5% |
| 2030 | ~$1,177,955 | ~$1,177,955 | ~2.0465% | ~$24,107 | -22.6% |
| 2026 | ~$1,464,970 | ~$1,464,970 | ~1.9977% | ~$29,265 | -3.8% |
| 2027 | ~$1,409,766 | ~$1,409,766 | ~1.9488% | ~$27,474 | -7.4% |
| 2028 | ~$1,356,641 | ~$1,356,641 | ~1.9000% | ~$25,776 | -10.9% |
| 2029 | ~$1,305,518 | ~$1,305,518 | ~1.8512% | ~$24,168 | -14.2% |
| 2030 | ~$1,256,322 | ~$1,256,322 | ~1.8024% | ~$22,644 | -17.5% |
In 2025, this property's market value of $1,522,337 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +7% 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 | $1,522,337 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,385,088 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,193,047 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,010,784 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,930,737 | $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.