1220 S CONGRESS AVE TX 78704
| Owner | SOUTH CONGRESS PARTNERS LLC |
|---|---|
| Parcel ID | 0101000319 |
| Short ID | 100852 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 23,503 SF |
| Land SF | 55,860 SF |
| Acres | 1.282 |
| Year Built | 1938 |
| Legal | LOT 4-8 & 17.5 FT OF LOT 3 & E 76.75 FT AV OF LOT 9-12 BLK 8 SWISHER ADDN PLUS 20 FT VAC EVA STREET (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35SC2 |
| Land | $11,730,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,730,600 |
| Improvement | $414,891 |
|---|---|
| Total Improvement | $414,891 |
| Market | $12,145,491 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,145,491 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,145,491 |
| Taxable Value | $12,145,491 |
|---|
Appreciation: Market value has risen +78.3% from $6,810,000 (2021) to $12,145,491 (2025), a CAGR of 15.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 +17.8%, so this parcel has outpaced 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 $248,556. Austin ISD is the largest single contributor, at 41.2% 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 97% of market value ($11,730,600 land vs $414,891 improvements), about $210/SF of land. With value concentrated in the land under a ~88-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 $12,145,491, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +12.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $21,749,581 by 2031, with an estimated annual tax burden around $369,219. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 20,253 SF | ✓ |
| SO | Sketch Only | 17,523 SF | ✗ |
| 551 | PAVED AREA | 16,500 SF | ✗ |
| 2ND | 2nd Floor | 3,250 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 2,402 SF | ✗ |
| 501 | CANOPY | 2,147 SF | ✗ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,143 SF | ✗ |
| 581C | STORAGE ATT COMM | 856 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 695 SF | ✗ |
| 611 | TERRACE | 656 SF | ✗ |
| 591 | MASONRY TRIM SF | 200 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| MISC | Miscellaneous | 1 SF | ✓ |
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.
| 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% | $112,370.08 | $112,370.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $63,644.44 | $63,644.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,648.22 | $45,648.22 | Paid |
| P6N | — | — | — | — | — | — | $24,290.98 | $24,290.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,334.47 | $14,334.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,558.44 | $12,558.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $272,846.63 | $272,846.63 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $112,370.08 | 41.2% |
| CAT City of Austin | 0.5240% | $63,644.44 | 23.3% |
| TCO Travis County | 0.3758% | $45,648.22 | 16.7% |
| P6N | — | $24,290.98 | 8.9% |
| THD Travis Central Health | 0.1180% | $14,334.47 | 5.3% |
| ACT Austin Community College | 0.1034% | $12,558.44 | 4.6% |
| Total | 2.0465% 5 of 6 | $272,846.63 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,170,236 | $12,145,491 | +0.2% |
| Assessed Value | $12,170,236 | $12,145,491 | +0.2% |
| Land Value | $11,730,600 | $11,730,600 | +0.0% |
| Improvement Value | $439,636 | $414,891 | +6.0% |
| Taxable Value | $12,170,236 | $12,145,491 | +0.2% |
| Total Tax 2026 = estimate |
~$249,062
Estimated
|
~$272,847
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $12,170,236 | $11,730,600 | $439,636 | — | $12,170,236 | $12,170,236 | Not yet — post-cert | Preliminary |
| 2025 | $12,145,491 | $11,730,600 | $414,891 | — | $12,145,491 | $12,145,491 | ~$272,847 | Partial |
| 2024 | $12,600,000 | $11,730,600 | $869,400 | — | $12,600,000 | $12,600,000 | $256,184 | Verified |
| 2023 | $11,950,000 | $11,730,600 | $219,400 | — | $11,950,000 | $11,950,000 | $235,328 | Verified |
| 2022 | $7,380,000 | $6,423,900 | $956,100 | — | $7,380,000 | $7,380,000 | $160,509 | Verified |
| 2021 | $6,810,000 | $6,423,900 | $386,100 | — | $6,810,000 | $6,810,000 | $154,809 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | +5.4% | +5.4% | ~100% | No billing data | Verified |
| 2023 | +61.9% | +61.9% | ~100% | No billing data | Verified |
| 2022 | +8.4% | +8.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +14.5% | +12.3% | +61.9% | 2023 | -3.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2500% | 2.2500% | — | 2.2500% | 2025 | 2.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$272,847 | $215,935 | ~$317,549 | $272,847 | 2025 | $154,809 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$13,668,768 | ~$13,387,260 | ~2.0139% | ~$269,611 | +12.3% |
| 2028 | ~$15,351,816 | ~$14,725,986 | ~1.9814% | ~$291,779 | +26.1% |
| 2029 | ~$17,242,099 | ~$16,198,584 | ~1.9488% | ~$315,684 | +41.7% |
| 2030 | ~$19,365,134 | ~$17,818,443 | ~1.9163% | ~$341,453 | +59.1% |
| 2031 | ~$21,749,581 | ~$19,600,287 | ~1.8837% | ~$369,219 | +78.7% |
| 2027 | ~$13,425,363 | ~$13,387,260 | ~2.0465% | ~$273,968 | +10.3% |
| 2028 | ~$14,809,933 | ~$14,725,986 | ~2.0465% | ~$301,365 | +21.7% |
| 2029 | ~$16,337,295 | ~$16,198,584 | ~2.0465% | ~$331,502 | +34.2% |
| 2030 | ~$18,022,175 | ~$17,818,443 | ~2.0465% | ~$364,652 | +48.1% |
| 2031 | ~$19,880,818 | ~$19,600,287 | ~2.0465% | ~$401,117 | +63.4% |
| 2027 | ~$13,912,173 | ~$13,387,260 | ~1.9977% | ~$267,432 | +14.3% |
| 2028 | ~$15,903,435 | ~$14,725,986 | ~1.9488% | ~$286,986 | +30.7% |
| 2029 | ~$18,179,708 | ~$16,198,584 | ~1.9000% | ~$307,776 | +49.4% |
| 2030 | ~$20,781,786 | ~$17,818,443 | ~1.8512% | ~$329,854 | +70.8% |
| 2031 | ~$23,756,302 | ~$19,600,287 | ~1.8024% | ~$353,270 | +95.2% |
In 2025, this property's market value of $12,145,491 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× the county median of $1,382,921. 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 | $12,145,491 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $12,600,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $11,950,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,380,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $6,810,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |