S CONGRESS AVE TX 78704
| Owner | 1007 SOUTH CONGRESS NORTH UNIT |
|---|---|
| Parcel ID | 0201011502 |
| Short ID | 932406 |
| Type | Real |
| Use Code | F1 Commercial Real Property (Improved) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 58,489 SF |
| Acres | 1.343 |
| Year Built | — |
| Legal | UNT NORTH UNIT CITYVIEW CONDOMINIUMS PLUS 20.24 % INT IN COM AREA |
| Neighborhood | 30CEN |
| Land | $7,311,119 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,311,119 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,311,119 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,311,119 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,311,119 |
| Taxable Value | $7,311,119 |
|---|
Appreciation: Market value has fallen -12.8% from $8,383,822 (2021) to $7,311,119 (2025), a CAGR of -3.4% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $149,621. 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 100% of market value ($7,311,119 land vs $0 improvements), about $125/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $7,311,119, 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 -2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,375,667 by 2031, with an estimated annual tax burden around $120,101. 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.
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% | $67,642.47 | $67,642.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,311.51 | $38,311.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,478.48 | $27,478.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,628.80 | $8,628.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,559.70 | $7,559.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $149,620.96 | $149,620.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $67,642.47 | 45.2% |
| CAT City of Austin | 0.5240% | $38,311.51 | 25.6% |
| TCO Travis County | 0.3758% | $27,478.48 | 18.4% |
| THD Travis Central Health | 0.1180% | $8,628.80 | 5.8% |
| ACT Austin Community College | 0.1034% | $7,559.70 | 5.1% |
| Total | 2.0465% | $149,620.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,311,119 | $7,311,119 | +0.0% |
| Assessed Value | $7,311,119 | $7,311,119 | +0.0% |
| Land Value | $7,311,119 | $7,311,119 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $7,311,119 | $7,311,119 | +0.0% |
| Total Tax 2026 = estimate |
~$149,621
Estimated
|
~$149,621
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,311,119 | $7,311,119 | — | — | $7,311,119 | $7,311,119 | Not yet — post-cert | Preliminary |
| 2025 | $7,311,119 | $7,311,119 | — | — | $7,311,119 | $7,311,119 | ~$149,621 | Partial |
| 2024 | $7,311,119 | $7,311,119 | — | — | $7,311,119 | $7,311,119 | $144,893 | Verified |
| 2023 | $7,311,119 | $7,311,119 | — | — | $7,311,119 | $7,311,119 | $132,276 | Verified |
| 2022 | $8,373,095 | $7,311,119 | $1,061,976 | — | $8,373,095 | $8,373,095 | $165,362 | Verified |
| 2021 | $8,383,822 | $7,311,119 | $1,072,703 | — | $8,383,822 | $8,383,822 | $182,489 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | -12.7% | -12.7% | ~100% | No billing data | Verified |
| 2022 | -0.1% | -0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -2.6% | -2.7% | +0.0% | 2024 | -12.7% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$149,621 | $154,928 | ~$131,464 | $182,489 | 2021 | $132,276 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,113,645 | ~$7,113,645 | ~2.0139% | ~$143,264 | -2.7% |
| 2028 | ~$6,921,506 | ~$6,921,506 | ~1.9814% | ~$137,142 | -5.3% |
| 2029 | ~$6,734,555 | ~$6,734,555 | ~1.9488% | ~$131,246 | -7.9% |
| 2030 | ~$6,552,655 | ~$6,552,655 | ~1.9163% | ~$125,568 | -10.4% |
| 2031 | ~$6,375,667 | ~$6,375,667 | ~1.8837% | ~$120,101 | -12.8% |
| 2027 | ~$6,967,423 | ~$6,967,423 | ~2.0465% | ~$142,587 | -4.7% |
| 2028 | ~$6,639,884 | ~$6,639,884 | ~2.0465% | ~$135,884 | -9.2% |
| 2029 | ~$6,327,743 | ~$6,327,743 | ~2.0465% | ~$129,496 | -13.5% |
| 2030 | ~$6,030,276 | ~$6,030,276 | ~2.0465% | ~$123,409 | -17.5% |
| 2031 | ~$5,746,792 | ~$5,746,792 | ~2.0465% | ~$117,607 | -21.4% |
| 2027 | ~$7,259,868 | ~$7,259,868 | ~1.9977% | ~$145,028 | -0.7% |
| 2028 | ~$7,208,976 | ~$7,208,976 | ~1.9488% | ~$140,491 | -1.4% |
| 2029 | ~$7,158,441 | ~$7,158,441 | ~1.9000% | ~$136,012 | -2.1% |
| 2030 | ~$7,108,260 | ~$7,108,260 | ~1.8512% | ~$131,588 | -2.8% |
| 2031 | ~$7,058,431 | ~$7,058,431 | ~1.8024% | ~$127,219 | -3.5% |
In 2025, this property's market value of $7,311,119 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 5× 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 | $7,311,119 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,311,119 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,311,119 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $8,373,095 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $8,383,822 | $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 | — |