300 S CONGRESS AVE TX 78704
| Owner | 300 SOUTH CONGRESS GROUND LEASE LP |
|---|---|
| Parcel ID | 0202000208 |
| Short ID | 487188 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 99,759 SF |
| Land SF | 118,944 SF |
| Acres | 2.731 |
| Year Built | 1984 |
| Legal | IMP ONLY LOT 1 CROCKETT MAE ESTATE SUBD NO 3 |
| Neighborhood | 87004 |
| Land | — |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | — |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,100,042 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,100,042 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,100,042 |
| Taxable Value | $6,100,042 |
|---|
Appreciation: Market value has fallen -84.3% from $38,870,000 (2021) to $6,100,042 (2025), a CAGR of -37.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $124,836. Austin ISD is the largest single contributor, at 43.4% 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.
Submarket Position: At $6,100,042, 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 -30.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $973,692 by 2031, with an estimated annual tax burden around $18,342. 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 |
|---|---|---|---|
| SO | Sketch Only | 41,770 SF | ✗ |
| 2ND | 2nd Floor | 34,403 SF | ✓ |
| 3RD | 3rd Floor | 34,403 SF | ✓ |
| 4TH | 4th Floor | 34,403 SF | ✓ |
| 5TH | 5th Floor | 34,403 SF | ✓ |
| 1ST | 1st Floor | 30,953 SF | ✓ |
| 551 | PAVED AREA | 754 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% | $56,437.59 | $56,437.59 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,965.26 | $31,965.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,926.70 | $22,926.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,199.45 | $7,199.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,307.44 | $6,307.44 | Paid |
| P2U | — | — | — | — | — | — | $5,180.04 | $5,180.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $130,016.48 | $130,016.48 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $56,437.59 | 43.4% |
| CAT City of Austin | 0.5240% | $31,965.26 | 24.6% |
| TCO Travis County | 0.3758% | $22,926.70 | 17.6% |
| THD Travis Central Health | 0.1180% | $7,199.45 | 5.5% |
| ACT Austin Community College | 0.1034% | $6,307.44 | 4.9% |
| P2U | — | $5,180.04 | 4.0% |
| Total | 2.0465% 5 of 6 | $130,016.48 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,152,026 | $6,100,042 | +0.9% |
| Assessed Value | $6,152,026 | $6,100,042 | +0.9% |
| Land Value | — | — | — |
| Improvement Value | — | — | — |
| Taxable Value | $6,152,026 | $6,100,042 | +0.9% |
| Total Tax 2026 = estimate |
~$125,900
Estimated
|
~$130,016
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,152,026 | — | — | — | $6,152,026 | $6,152,026 | Not yet — post-cert | Preliminary |
| 2025 | $6,100,042 | — | — | — | $6,100,042 | $6,100,042 | ~$130,016 | Partial |
| 2024 | $6,075,549 | $27,357,120 | — | — | $6,075,549 | $6,075,549 | $1,257,214 | Verified |
| 2023 | $6,086,712 | $27,357,120 | — | — | $6,086,712 | $6,086,712 | $947,500 | Verified |
| 2022 | $5,903,876 | $17,841,600 | — | — | $5,903,876 | $5,903,876 | $984,554 | Verified |
| 2021 | $38,870,000 | $17,841,600 | $21,028,400 | — | $38,870,000 | $38,870,000 | $1,001,849 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | No billing data | Verified |
| 2023 | +3.1% | +3.1% | ~100% | No billing data | Verified |
| 2022 | -84.8% ! | -84.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -84.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | -16.1% | -30.8% | +3.1% | 2023 | -84.8% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$130,016 | $864,227 | ~$45,798 | $1,257,214 | 2024 | $130,016 | 2025 |
Market value changed by 85% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,254,993 | ~$4,254,993 | ~2.0139% | ~$85,693 | -30.8% |
| 2028 | ~$2,942,928 | ~$2,942,928 | ~1.9814% | ~$58,311 | -52.2% |
| 2029 | ~$2,035,450 | ~$2,035,450 | ~1.9488% | ~$39,668 | -66.9% |
| 2030 | ~$1,407,800 | ~$1,407,800 | ~1.9163% | ~$26,978 | -77.1% |
| 2031 | ~$973,692 | ~$973,692 | ~1.8837% | ~$18,342 | -84.2% |
| 2027 | ~$5,844,425 | ~$5,844,425 | ~2.0465% | ~$119,605 | -5.0% |
| 2028 | ~$5,552,203 | ~$5,552,203 | ~2.0465% | ~$113,625 | -9.8% |
| 2029 | ~$5,274,593 | ~$5,274,593 | ~2.0465% | ~$107,944 | -14.3% |
| 2030 | ~$5,010,864 | ~$5,010,864 | ~2.0465% | ~$102,547 | -18.5% |
| 2031 | ~$4,760,320 | ~$4,760,320 | ~2.0465% | ~$97,419 | -22.6% |
| 2027 | ~$4,378,034 | ~$4,378,034 | ~1.9977% | ~$87,458 | -28.8% |
| 2028 | ~$3,115,588 | ~$3,115,588 | ~1.9488% | ~$60,718 | -49.4% |
| 2029 | ~$2,217,180 | ~$2,217,180 | ~1.9000% | ~$42,127 | -64.0% |
| 2030 | ~$1,577,836 | ~$1,577,836 | ~1.8512% | ~$29,209 | -74.4% |
| 2031 | ~$1,122,853 | ~$1,122,853 | ~1.8024% | ~$20,238 | -81.7% |
In 2025, this property's market value of $6,100,042 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 | $6,100,042 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,075,549 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,086,712 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $5,903,876 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $38,870,000 | $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 | — |