901 W 38 ST TX 78705
| Owner | CAMCO BUILDING I LTD |
|---|---|
| Parcel ID | 0218030116 |
| Short ID | 212466 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 63,200 SF |
| Land SF | 70,566 SF |
| Acres | 1.620 |
| Year Built | 2003 |
| Legal | LOT 1&2 BLK A MIDTOWN MEDICAL II SUBD |
| Neighborhood | 55CEN |
| Land | $7,056,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,056,600 |
| Improvement | $25,204,112 |
|---|---|
| Total Improvement | $25,204,112 |
| Market | $32,260,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,260,712 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,260,712 |
| Taxable Value | $32,260,712 |
|---|
Appreciation: Market value has fallen -1.6% from $32,800,000 (2021) to $32,260,712 (2025), a CAGR of -0.4% 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 $660,211. 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 22% of market value ($7,056,600 land vs $25,204,112 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $32,260,712, 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 -0.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $31,599,054 by 2030, with an estimated annual tax burden around $595,245. 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 | 220,000 SF | ✓ |
| 1ST | 1st Floor | 21,650 SF | ✓ |
| 3RD | 3rd Floor | 20,900 SF | ✓ |
| 4TH | 4th Floor | 20,900 SF | ✓ |
| 2ND | 2nd Floor | 20,650 SF | ✓ |
| 501 | CANOPY | 500 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% | $298,476.11 | $298,476.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $169,051.62 | $169,051.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $121,250.27 | $121,250.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,075.06 | $38,075.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,357.58 | $33,357.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $660,210.64 | $660,210.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,017,889 | $32,260,712 | -0.8% |
| Assessed Value | $32,017,889 | $32,260,712 | -0.8% |
| Land Value | $7,056,600 | $7,056,600 | +0.0% |
| Improvement Value | $24,961,289 | $25,204,112 | -1.0% |
| Taxable Value | $32,017,889 | $32,260,712 | -0.8% |
| Total Tax 2026 = estimate |
~$655,241
Estimated
|
~$660,211
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $32,017,889 | $32,017,889 | +0 (+0.0%) |
| Taxable Value | $32,017,889 | $32,017,889 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $32,017,889 | $7,056,600 | $24,961,289 | — | $32,017,889 | $32,017,889 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $32,260,712 | $7,056,600 | $25,204,112 | — | $32,260,712 | $32,260,712 | ~$660,211 | Partial |
| 2024 | $38,000,000 | — | — | −$30,943,400 | $7,056,600 | $— | not in county billing file ⓘ | Partial |
| 2023 | $36,000,000 | — | — | −$28,943,400 | $7,056,600 | $— | not in county billing file ⓘ | Partial |
| 2022 | $38,287,000 | — | — | −$32,288,890 | $5,998,110 | $— | not in county billing file ⓘ | Partial |
| 2021 | $32,800,000 | — | — | −$26,801,890 | $5,998,110 | $— | not in county billing file ⓘ | Partial |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2025 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2024 | -18.8% | -18.8% | ~100% | Not available | Partial |
| 2023 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2022 | +16.0% | +16.0% | ~100% | Not available | Partial |
| 2021 | base year | — | ~100% | Not available | Partial |
| Cumulative market value growth (earliest valid year → 2025): -15.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.8% | +0.1% | -0.3% | +16.7% | 2022 | -15.1% | 2025 |
| Assessment Ratio | 100.0% | 45.4% | — | 100.0% | 2025 | 15.7% | 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 |
$660,211 | $660,211 | ~$621,037 | $660,211 | 2025 | $660,211 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$32,127,281 | ~$32,127,281 | ~2.0139% | ~$647,023 | -0.4% |
| 2027 | ~$31,994,402 | ~$31,994,402 | ~1.9814% | ~$633,933 | -0.8% |
| 2028 | ~$31,862,073 | ~$31,862,073 | ~1.9488% | ~$620,941 | -1.2% |
| 2029 | ~$31,730,291 | ~$31,730,291 | ~1.9163% | ~$608,045 | -1.6% |
| 2030 | ~$31,599,054 | ~$31,599,054 | ~1.8837% | ~$595,245 | -2.1% |
| 2026 | ~$31,482,067 | ~$31,482,067 | ~2.0465% | ~$644,276 | -2.4% |
| 2027 | ~$30,722,215 | ~$30,722,215 | ~2.0465% | ~$628,726 | -4.8% |
| 2028 | ~$29,980,703 | ~$29,980,703 | ~2.0465% | ~$613,551 | -7.1% |
| 2029 | ~$29,257,089 | ~$29,257,089 | ~2.0465% | ~$598,742 | -9.3% |
| 2030 | ~$28,550,939 | ~$28,550,939 | ~2.0465% | ~$584,291 | -11.5% |
| 2026 | ~$32,772,495 | ~$32,772,495 | ~1.9977% | ~$654,684 | +1.6% |
| 2027 | ~$33,292,398 | ~$33,292,398 | ~1.9488% | ~$648,815 | +3.2% |
| 2028 | ~$33,820,548 | ~$33,820,548 | ~1.9000% | ~$642,596 | +4.8% |
| 2029 | ~$34,357,076 | ~$34,357,076 | ~1.8512% | ~$636,016 | +6.5% |
| 2030 | ~$34,902,117 | ~$34,902,117 | ~1.8024% | ~$629,066 | +8.2% |
In 2025, this property's market value of $32,260,712 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 23× 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 | $32,260,712 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $38,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $36,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $38,287,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $32,800,000 | $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.