400 S CONGRESS AVE AUSTIN, TX 78704
| Owner | RIVERSIDE PARTNERS SW LLC |
|---|---|
| Parcel ID | 0202000120 |
| Short ID | 188628 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,470 SF |
| Land SF | 20,578 SF |
| Acres | 0.472 |
| Year Built | 1969 |
| Legal | ABS 8 SUR 20 DECKER I 123.82X120' & 55X104' AV |
| Neighborhood | 48CEN |
| Land | $5,206,234 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,206,234 |
| Improvement | $143,766 |
|---|---|
| Total Improvement | $143,766 |
| Market | $5,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,350,000 |
| Exemptions (−) (SO) | −$11,175 |
|---|---|
| Taxable Value | $5,338,825 |
Appreciation: Market value has risen +43.8% from $3,719,774 (2021) to $5,350,000 (2025), a CAGR of 9.5% 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 $109,258. 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 97% of market value ($5,206,234 land vs $143,766 improvements), about $253/SF of land. With value concentrated in the land under a ~57-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 $5,350,000, 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 +8.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,767,495 by 2031, with an estimated annual tax burden around $165,157. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,500 SF | ✗ |
| 501 | CANOPY | 2,982 SF | ✗ |
| 1ST | 1st Floor | 2,470 SF | ✓ |
| 611 | TERRACE | 329 SF | ✗ |
| 541 | FENCE COMM LF | 70 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 8 SF | ✓ |
| 482 | LIGHT POLES | 3 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% | $49,394.81 | $49,394.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,976.35 | $27,976.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,065.71 | $20,065.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,301.04 | $6,301.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,520.35 | $5,520.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $109,258.26 | $109,258.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $49,394.81 | 45.2% |
| CAT City of Austin | 0.5240% | $27,976.35 | 25.6% |
| TCO Travis County | 0.3758% | $20,065.71 | 18.4% |
| THD Travis Central Health | 0.1180% | $6,301.04 | 5.8% |
| ACT Austin Community College | 0.1034% | $5,520.35 | 5.1% |
| Total | 2.0465% | $109,258.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,710,788 | $5,350,000 | +6.7% |
| Assessed Value | $5,710,788 | $5,350,000 | +6.7% |
| Land Value | $5,206,234 | $5,206,234 | +0.0% |
| Improvement Value | $504,554 | $143,766 | +251.0% |
| Taxable Value | $5,700,523 | $5,338,825 | +6.8% |
| Exemptions | SO | SO | |
| Total Tax 2026 = estimate |
~$116,660
Estimated
|
~$109,258
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,710,788 | $5,206,234 | $504,554 | — | $5,710,788 | $5,700,523 | Not yet — post-cert | Preliminary |
| 2025 | $5,350,000 | $5,206,234 | $143,766 | — | $5,350,000 | $5,338,825 | ~$109,258 | Partial |
| 2024 | $5,406,984 | $5,206,234 | $200,750 | — | $5,406,984 | $5,394,900 | $106,917 | Verified |
| 2023 | $5,223,640 | $5,206,234 | $17,406 | — | $5,223,640 | $5,223,211 | $94,501 | Verified |
| 2022 | $3,411,000 | $3,395,370 | $15,630 | — | $3,411,000 | $3,319,469 | $65,557 | Verified |
| 2021 | $3,719,774 | $3,395,370 | $324,404 | — | $3,719,774 | $3,628,243 | $78,975 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | +3.5% | +3.5% | ~100% | No billing data | Verified |
| 2023 | +53.1% | +53.1% | ~100% | No billing data | Verified |
| 2022 | -8.3% | -8.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.7% | +10.8% | +9.0% | +53.1% | 2023 | -8.3% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$109,258 | $91,042 | ~$144,586 | $109,258 | 2025 | $65,557 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,222,028 | ~$6,222,028 | ~2.0139% | ~$125,308 | +9.0% |
| 2028 | ~$6,779,034 | ~$6,779,034 | ~1.9814% | ~$134,319 | +18.7% |
| 2029 | ~$7,385,905 | ~$7,385,905 | ~1.9488% | ~$143,939 | +29.3% |
| 2030 | ~$8,047,104 | ~$8,047,104 | ~1.9163% | ~$154,206 | +40.9% |
| 2031 | ~$8,767,495 | ~$8,767,495 | ~1.8837% | ~$165,157 | +53.5% |
| 2027 | ~$6,107,812 | ~$6,107,812 | ~2.0465% | ~$124,995 | +7.0% |
| 2028 | ~$6,532,438 | ~$6,532,438 | ~2.0465% | ~$133,685 | +14.4% |
| 2029 | ~$6,986,584 | ~$6,986,584 | ~2.0465% | ~$142,979 | +22.3% |
| 2030 | ~$7,472,303 | ~$7,472,303 | ~2.0465% | ~$152,920 | +30.8% |
| 2031 | ~$7,991,791 | ~$7,991,791 | ~2.0465% | ~$163,551 | +39.9% |
| 2027 | ~$6,336,243 | ~$6,281,867 | ~1.9977% | ~$125,490 | +11.0% |
| 2028 | ~$7,030,200 | ~$6,910,053 | ~1.9488% | ~$134,666 | +23.1% |
| 2029 | ~$7,800,159 | ~$7,601,059 | ~1.9000% | ~$144,421 | +36.6% |
| 2030 | ~$8,654,446 | ~$8,361,165 | ~1.8512% | ~$154,781 | +51.5% |
| 2031 | ~$9,602,296 | ~$9,197,281 | ~1.8024% | ~$165,769 | +68.1% |
In 2025, this property's market value of $5,350,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 4× 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 | $5,350,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $5,406,984 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,223,640 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,411,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,719,774 | $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 | — |