310 W 2 ST TX 78701
| Owner | RHP BLOCK 21 LLC |
|---|---|
| Parcel ID | 0205011403 |
| Short ID | 798576 |
| Type | Real |
| Use Code | 90 Theater |
| Valuation | Income |
| Improvement SF | 97,108 SF |
| Land SF | 9,070 SF |
| Acres | 0.208 |
| Year Built | 2010 |
| Legal | UNT VENUE UNIT BLOCK 21 MASTER CONDOMINIUMS PLUS 11.8505 % INT IN COM AREA |
| Neighborhood | 90CEN |
| Land | $2,040,698 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,040,698 |
| Improvement | $28,064,302 |
|---|---|
| Total Improvement | $28,064,302 |
| Market | $30,105,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,105,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,105,000 |
| Taxable Value | $30,105,000 |
|---|
Appreciation: Market value has risen +41.5% from $21,273,735 (2021) to $30,105,000 (2025), a CAGR of 9.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $616,094. Austin ISD is the largest single contributor, at 43.3% 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 7% of market value ($2,040,698 land vs $28,064,302 improvements), about $225/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $30,105,000, 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 +15.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $93,319,409 by 2031, with an estimated annual tax burden around $1,351,739. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 97,108 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% | $278,531.46 | $278,531.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $157,755.32 | $157,755.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $113,148.14 | $113,148.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,530.82 | $35,530.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $31,128.57 | $31,128.57 | Paid |
| P2U | — | — | — | — | — | — | $27,384.63 | $27,384.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $643,478.94 | $643,478.94 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $278,531.46 | 43.3% |
| CAT City of Austin | 0.5240% | $157,755.32 | 24.5% |
| TCO Travis County | 0.3758% | $113,148.14 | 17.6% |
| THD Travis Central Health | 0.1180% | $35,530.82 | 5.5% |
| ACT Austin Community College | 0.1034% | $31,128.57 | 4.8% |
| P2U | — | $27,384.63 | 4.3% |
| Total | 2.0465% 5 of 6 | $643,478.94 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $44,556,171 | $30,105,000 | +48.0% |
| Assessed Value | $44,556,171 | $30,105,000 | +48.0% |
| Land Value | $12,697,678 | $2,040,698 | +522.2% |
| Improvement Value | $31,858,493 | $28,064,302 | +13.5% |
| Taxable Value | $44,556,171 | $30,105,000 | +48.0% |
| Total Tax 2026 = estimate |
~$911,835
Estimated
|
~$643,479
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $44,556,171 | $12,697,678 | $31,858,493 | — | $44,556,171 | $44,556,171 | Not yet — post-cert | Preliminary |
| 2025 | $30,105,000 | $2,040,698 | $28,064,302 | — | $30,105,000 | $30,105,000 | ~$643,479 | Partial |
| 2024 | $30,105,263 | $2,040,698 | $28,064,565 | — | $30,105,263 | $30,105,263 | $624,015 | Verified |
| 2023 | $31,223,253 | $2,040,698 | $29,182,555 | — | $31,223,253 | $31,223,253 | $593,325 | Verified |
| 2022 | $23,507,876 | $2,040,698 | $21,467,178 | — | $23,507,876 | $23,507,876 | $487,270 | Verified |
| 2021 | $21,273,735 | $2,040,698 | $19,233,037 | — | $21,273,735 | $21,273,735 | $483,835 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +48.0% | +48.0% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | -3.6% | -3.6% | ~100% | No billing data | Verified |
| 2023 | +32.8% | +32.8% | ~100% | No billing data | Verified |
| 2022 | +10.5% | +10.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +48.0% | +17.5% | +15.9% | +48.0% | 2026 | -3.6% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$643,479 | $566,385 | ~$1,162,572 | $643,479 | 2025 | $483,835 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$51,655,990 | ~$49,011,788 | ~2.0139% | ~$987,066 | +15.9% |
| 2028 | ~$59,887,131 | ~$53,912,967 | ~1.9814% | ~$1,068,225 | +34.4% |
| 2029 | ~$69,429,867 | ~$59,304,264 | ~1.9488% | ~$1,155,745 | +55.8% |
| 2030 | ~$80,493,193 | ~$65,234,690 | ~1.9163% | ~$1,250,086 | +80.7% |
| 2031 | ~$93,319,409 | ~$71,758,159 | ~1.8837% | ~$1,351,739 | +109.4% |
| 2027 | ~$50,764,866 | ~$49,011,788 | ~2.0465% | ~$1,003,019 | +13.9% |
| 2028 | ~$57,838,714 | ~$53,912,967 | ~2.0465% | ~$1,103,321 | +29.8% |
| 2029 | ~$65,898,270 | ~$59,304,264 | ~2.0465% | ~$1,213,653 | +47.9% |
| 2030 | ~$75,080,887 | ~$65,234,690 | ~2.0465% | ~$1,335,018 | +68.5% |
| 2031 | ~$85,543,059 | ~$71,758,159 | ~2.0465% | ~$1,468,520 | +92.0% |
| 2027 | ~$52,547,113 | ~$49,011,788 | ~1.9977% | ~$979,090 | +17.9% |
| 2028 | ~$61,971,193 | ~$53,912,967 | ~1.9488% | ~$1,050,677 | +39.1% |
| 2029 | ~$73,085,438 | ~$59,304,264 | ~1.9000% | ~$1,126,791 | +64.0% |
| 2030 | ~$86,192,972 | ~$65,234,690 | ~1.8512% | ~$1,207,621 | +93.4% |
| 2031 | ~$101,651,280 | ~$71,758,159 | ~1.8024% | ~$1,293,348 | +128.1% |
In 2025, this property's market value of $30,105,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 22× 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 | $30,105,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $30,105,263 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $31,223,253 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $23,507,876 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $21,273,735 | $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 | — |