2801 VIA FORTUNA TX 78746
| Owner | TR TERRACE LP |
|---|---|
| Parcel ID | 0101130215 |
| Short ID | 494764 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 97,964 SF |
| Land SF | 285,518 SF |
| Acres | 6.555 |
| Year Built | 2002 |
| Legal | LOT 1 BLK E TERRACE SEC 6 THE |
| Neighborhood | 50SWE |
| Land | $5,710,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,710,360 |
| Improvement | $44,429,185 |
|---|---|
| Total Improvement | $44,429,185 |
| Market | $50,139,545 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $50,139,545 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $50,139,545 |
| Taxable Value | $50,139,545 |
|---|
Appreciation: Market value has fallen -34.2% from $76,215,100 (2021) to $50,139,545 (2025), a CAGR of -9.9% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $979,468. Eanes ISD is the largest single contributor, at 42.6% 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 11% of market value ($5,710,360 land vs $44,429,185 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $50,139,545, 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 -8.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $31,434,306 by 2031, with an estimated annual tax burden around $526,719. 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 |
|---|---|---|---|
| 387 | PARKING GAR UNDR | 320,479 SF | ✓ |
| SO | Sketch Only | 305,037 SF | ✗ |
| 491 | SPRINKLER HEADS | 202,216 SF | ✗ |
| 3RD | 3rd Floor | 34,092 SF | ✓ |
| 4TH | 4th Floor | 34,092 SF | ✓ |
| 5TH | 5th Floor | 34,092 SF | ✓ |
| ADDL | Additional Floor | 34,092 SF | ✓ |
| 2ND | 2nd Floor | 32,116 SF | ✓ |
| 1ST | 1st Floor | 31,756 SF | ✓ |
| LOBBY | Lobby | 1,976 SF | ✓ |
| 501 | CANOPY | 981 SF | ✗ |
| 482 | LIGHT POLES | 14 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $390,301.80 | $390,301.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $245,763.97 | $245,763.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $176,271.31 | $176,271.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55,352.79 | $55,352.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,494.60 | $48,494.60 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $916,184.47 | $916,184.47 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $390,301.80 | 42.6% |
| CAT City of Austin | 0.5240% | $245,763.97 | 26.8% |
| TCO Travis County | 0.3758% | $176,271.31 | 19.2% |
| THD Travis Central Health | 0.1180% | $55,352.79 | 6.0% |
| ACT Austin Community College | 0.1034% | $48,494.60 | 5.3% |
| Total | 1.9535% | $916,184.47 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $48,946,591 | $50,139,545 | -2.4% |
| Assessed Value | $48,946,591 | $50,139,545 | -2.4% |
| Land Value | $5,710,360 | $5,710,360 | +0.0% |
| Improvement Value | $43,236,231 | $44,429,185 | -2.7% |
| Taxable Value | $48,946,591 | $50,139,545 | -2.4% |
| Total Tax 2026 = estimate |
~$956,164
Estimated
|
~$916,184
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $48,946,591 | $5,710,360 | $43,236,231 | — | $48,946,591 | $48,946,591 | Not yet — post-cert | Preliminary |
| 2025 | $50,139,545 | $5,710,360 | $44,429,185 | — | $50,139,545 | $50,139,545 | ~$916,184 | Partial |
| 2024 | $55,595,000 | $5,710,360 | $49,884,640 | — | $55,595,000 | $55,595,000 | $873,299 | Verified |
| 2023 | $63,711,879 | $5,710,360 | $58,001,519 | — | $63,711,879 | $63,711,879 | $1,019,351 | Verified |
| 2022 | $83,150,420 | $5,710,360 | $77,440,060 | — | $83,150,420 | $83,150,420 | $1,495,237 | Verified |
| 2021 | $76,215,100 | $5,710,360 | $70,504,740 | — | $76,215,100 | $76,215,100 | $1,581,333 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | -12.7% | -12.7% | ~100% | No billing data | Verified |
| 2023 | -23.4% | -23.4% | ~100% | No billing data | Verified |
| 2022 | +9.1% | +9.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -34.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | -7.8% | -8.5% | +9.1% | 2022 | -23.4% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$916,184 | $1,177,081 | ~$679,481 | $1,581,333 | 2021 | $873,299 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$44,798,011 | ~$44,798,011 | ~1.8979% | ~$850,227 | -8.5% |
| 2028 | ~$41,001,054 | ~$41,001,054 | ~1.8423% | ~$755,378 | -16.2% |
| 2029 | ~$37,525,916 | ~$37,525,916 | ~1.7868% | ~$670,500 | -23.3% |
| 2030 | ~$34,345,322 | ~$34,345,322 | ~1.7312% | ~$594,583 | -29.8% |
| 2031 | ~$31,434,306 | ~$31,434,306 | ~1.6756% | ~$526,719 | -35.8% |
| 2027 | ~$46,499,261 | ~$46,499,261 | ~1.9535% | ~$908,356 | -5.0% |
| 2028 | ~$44,174,298 | ~$44,174,298 | ~1.9535% | ~$862,938 | -9.8% |
| 2029 | ~$41,965,583 | ~$41,965,583 | ~1.9535% | ~$819,791 | -14.3% |
| 2030 | ~$39,867,304 | ~$39,867,304 | ~1.9535% | ~$778,802 | -18.5% |
| 2031 | ~$37,873,939 | ~$37,873,939 | ~1.9535% | ~$739,862 | -22.6% |
| 2027 | ~$45,776,943 | ~$45,776,943 | ~1.8701% | ~$856,086 | -6.5% |
| 2028 | ~$42,812,553 | ~$42,812,553 | ~1.7868% | ~$764,959 | -12.5% |
| 2029 | ~$40,040,129 | ~$40,040,129 | ~1.7034% | ~$682,045 | -18.2% |
| 2030 | ~$37,447,239 | ~$37,447,239 | ~1.6200% | ~$606,662 | -23.5% |
| 2031 | ~$35,022,258 | ~$35,022,258 | ~1.5367% | ~$538,181 | -28.4% |
In 2025, this property's market value of $50,139,545 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 36× 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 | $50,139,545 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $55,595,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $63,711,879 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $83,150,420 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $76,215,100 | $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 | — |