801 W 38 ST TX 78705
| Owner | ARA NEW BUILDING LIMITED |
|---|---|
| Parcel ID | 0218030115 |
| Short ID | 212465 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 25,287 SF |
| Land SF | 31,710 SF |
| Acres | 0.728 |
| Year Built | 2004 |
| Legal | LOT 2 TRAVIS BANK PARK |
| Neighborhood | 55CEN |
| Land | $3,171,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,171,000 |
| Improvement | $7,437,452 |
|---|---|
| Total Improvement | $7,437,452 |
| Market | $10,608,452 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,608,452 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,608,452 |
| Taxable Value | $10,608,452 |
|---|
Appreciation: Market value has fallen -5.2% from $11,190,000 (2021) to $10,608,452 (2025), a CAGR of -1.3% 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 $217,100. 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 30% of market value ($3,171,000 land vs $7,437,452 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,608,452, 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 -1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,923,833 by 2030, with an estimated annual tax burden around $186,939. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 14,063 SF | ✓ |
| 2ND | 2nd Floor | 9,015 SF | ✓ |
| 3RD | 3rd Floor | 8,335 SF | ✓ |
| 4TH | 4th Floor | 8,335 SF | ✓ |
| 1ST | 1st Floor | 7,937 SF | ✓ |
| 501 | CANOPY | 1,758 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% | $98,149.40 | $98,149.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $55,590.09 | $55,590.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,871.34 | $39,871.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,520.41 | $12,520.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,969.14 | $10,969.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $217,100.38 | $217,100.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,124,082 | $10,608,452 | -4.6% |
| Assessed Value | $10,124,082 | $10,608,452 | -4.6% |
| Land Value | $3,171,000 | $3,171,000 | +0.0% |
| Improvement Value | $6,953,082 | $7,437,452 | -6.5% |
| Taxable Value | $10,124,082 | $10,608,452 | -4.6% |
| Total Tax 2026 = estimate |
~$207,188
Estimated
|
~$217,100
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,124,082 | $10,124,082 | +0 (+0.0%) |
| Taxable Value | $10,124,082 | $10,124,082 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,124,082 | $3,171,000 | $6,953,082 | — | $10,124,082 | $10,124,082 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,608,452 | $3,171,000 | $7,437,452 | — | $10,608,452 | $10,608,452 | ~$217,100 | Partial |
| 2024 | $12,780,870 | — | — | −$9,609,870 | $3,171,000 | $— | $224,228 | Verified |
| 2023 | $12,021,123 | — | — | −$8,850,123 | $3,171,000 | $— | $231,238 | Verified |
| 2022 | $11,123,500 | — | — | −$8,428,150 | $2,695,350 | $— | $237,408 | Verified |
| 2021 | $11,190,000 | — | — | −$8,494,650 | $2,695,350 | $— | $242,123 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | -11.5% | -11.5% | ~100% | 1.9800% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 1.8100% | Verified |
| 2022 | +8.1% | +8.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.6% | -1.6% | -0.4% | +8.1% | 2023 | -17.0% | 2025 |
| Assessment Ratio | 100.0% | 49.9% | — | 100.0% | 2025 | 24.1% | 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 |
$217,100 | $230,419 | ~$198,754 | $242,123 | 2021 | $217,100 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,467,850 | ~$10,467,850 | ~2.0139% | ~$210,816 | -1.3% |
| 2027 | ~$10,329,112 | ~$10,329,112 | ~1.9814% | ~$204,660 | -2.6% |
| 2028 | ~$10,192,212 | ~$10,192,212 | ~1.9488% | ~$198,630 | -3.9% |
| 2029 | ~$10,057,127 | ~$10,057,127 | ~1.9163% | ~$192,724 | -5.2% |
| 2030 | ~$9,923,833 | ~$9,923,833 | ~1.8837% | ~$186,939 | -6.5% |
| 2026 | ~$10,255,681 | ~$10,255,681 | ~2.0465% | ~$209,881 | -3.3% |
| 2027 | ~$9,914,641 | ~$9,914,641 | ~2.0465% | ~$202,902 | -6.5% |
| 2028 | ~$9,584,942 | ~$9,584,942 | ~2.0465% | ~$196,154 | -9.6% |
| 2029 | ~$9,266,207 | ~$9,266,207 | ~2.0465% | ~$189,632 | -12.7% |
| 2030 | ~$8,958,071 | ~$8,958,071 | ~2.0465% | ~$183,326 | -15.6% |
| 2026 | ~$10,680,019 | ~$10,680,019 | ~1.9977% | ~$213,351 | +0.7% |
| 2027 | ~$10,752,069 | ~$10,752,069 | ~1.9488% | ~$209,541 | +1.4% |
| 2028 | ~$10,824,605 | ~$10,824,605 | ~1.9000% | ~$205,669 | +2.0% |
| 2029 | ~$10,897,631 | ~$10,897,631 | ~1.8512% | ~$201,736 | +2.7% |
| 2030 | ~$10,971,149 | ~$10,971,149 | ~1.8024% | ~$197,741 | +3.4% |
In 2025, this property's market value of $10,608,452 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,608,452 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,780,870 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,021,123 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,123,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,190,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.