7745 CHEVY CHASE DR TX 78752
| Owner | OMNINET CHASE PARK LLC |
|---|---|
| Parcel ID | 0232150115 |
| Short ID | 234107 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 60,242 SF |
| Land SF | 97,309 SF |
| Acres | 2.234 |
| Year Built | 1975 |
| Legal | 2.2339 AC OF LOT 1-D RESUB OF LOT D CHEVY CHASE CENTER AUSTIN |
| Neighborhood | 51NOR |
| Land | $2,919,270 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,919,270 |
| Improvement | $1,657,343 |
|---|---|
| Total Improvement | $1,657,343 |
| Market | $4,576,613 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,576,613 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,576,613 |
| Taxable Value | $4,576,613 |
|---|
Appreciation: Market value has fallen -48.0% from $8,800,000 (2021) to $4,576,613 (2025), a CAGR of -15.1% 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 $93,660. 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 64% of market value ($2,919,270 land vs $1,657,343 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,576,613, 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 -15.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,021,255 by 2030, with an estimated annual tax burden around $38,075. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 28,261 SF | ✗ |
| 3RD | 3rd Floor | 20,238 SF | ✓ |
| 1ST | 1st Floor | 20,002 SF | ✓ |
| 2ND | 2nd Floor | 20,002 SF | ✓ |
| 501 | CANOPY | 7,102 SF | ✗ |
| LOBBY | Lobby | 1,582 SF | ✓ |
| 022 | PORCH CLOS 2ND F | 847 SF | ✓ |
| 303 | STAIRWAYS FV | 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% | $42,342.82 | $42,342.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,982.23 | $23,982.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,200.97 | $17,200.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,401.46 | $5,401.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,732.22 | $4,732.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $93,659.70 | $93,659.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,755,878 | $4,576,613 | +3.9% |
| Assessed Value | $4,755,878 | $4,576,613 | +3.9% |
| Land Value | $2,919,270 | $2,919,270 | +0.0% |
| Improvement Value | $1,836,608 | $1,657,343 | +10.8% |
| Taxable Value | $4,755,878 | $4,576,613 | +3.9% |
| Total Tax 2026 = estimate |
~$97,328
Estimated
|
~$93,660
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,755,878 | $4,755,878 | +0 (+0.0%) |
| Taxable Value | $4,755,878 | $4,755,878 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,755,878 | $2,919,270 | $1,836,608 | — | $4,755,878 | $4,755,878 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,576,613 | $2,919,270 | $1,657,343 | — | $4,576,613 | $4,576,613 | ~$93,660 | Partial |
| 2024 | $8,089,398 | — | — | −$5,170,128 | $2,919,270 | $— | $106,318 | Verified |
| 2023 | $8,436,500 | — | — | −$6,003,775 | $2,432,725 | $— | $146,357 | Verified |
| 2022 | $8,650,000 | — | — | −$6,217,275 | $2,432,725 | $— | $166,614 | Verified |
| 2021 | $8,800,000 | — | — | −$6,853,820 | $1,946,180 | $— | $178,172 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | -30.8% | -30.8% | ~100% | Not available | Partial |
| 2024 | -18.2% | -18.2% | ~100% | 1.6100% | Verified |
| 2023 | -4.1% | -4.1% | ~100% | 1.8100% | Verified |
| 2022 | -2.5% | -2.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -47.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.9% | -9.6% | -15.7% | +3.9% | 2026 | -43.4% | 2025 |
| Assessment Ratio | 100.0% | 52.5% | — | 100.0% | 2025 | 22.1% | 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 |
$93,660 | $138,224 | ~$56,395 | $178,172 | 2021 | $93,660 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,886,508 | ~$3,886,508 | ~2.0139% | ~$78,272 | -15.1% |
| 2027 | ~$3,300,464 | ~$3,300,464 | ~1.9814% | ~$65,395 | -27.9% |
| 2028 | ~$2,802,789 | ~$2,802,789 | ~1.9488% | ~$54,622 | -38.8% |
| 2029 | ~$2,380,158 | ~$2,380,158 | ~1.9163% | ~$45,611 | -48.0% |
| 2030 | ~$2,021,255 | ~$2,021,255 | ~1.8837% | ~$38,075 | -55.8% |
| 2026 | ~$4,347,782 | ~$4,347,782 | ~2.0465% | ~$88,977 | -5.0% |
| 2027 | ~$4,130,393 | ~$4,130,393 | ~2.0465% | ~$84,528 | -9.8% |
| 2028 | ~$3,923,874 | ~$3,923,874 | ~2.0465% | ~$80,301 | -14.3% |
| 2029 | ~$3,727,680 | ~$3,727,680 | ~2.0465% | ~$76,286 | -18.5% |
| 2030 | ~$3,541,296 | ~$3,541,296 | ~2.0465% | ~$72,472 | -22.6% |
| 2026 | ~$3,978,040 | ~$3,978,040 | ~1.9977% | ~$79,468 | -13.1% |
| 2027 | ~$3,457,755 | ~$3,457,755 | ~1.9488% | ~$67,386 | -24.4% |
| 2028 | ~$3,005,517 | ~$3,005,517 | ~1.9000% | ~$57,105 | -34.3% |
| 2029 | ~$2,612,427 | ~$2,612,427 | ~1.8512% | ~$48,361 | -42.9% |
| 2030 | ~$2,270,749 | ~$2,270,749 | ~1.8024% | ~$40,927 | -50.4% |
In 2025, this property's market value of $4,576,613 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 | $4,576,613 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,089,398 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,436,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,650,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,800,000 | $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.