327 CONGRESS AVE TX 78701
| Owner | HANYANGENG USA INC |
|---|---|
| Parcel ID | 0205020607 |
| Short ID | 192823 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 13,331 SF |
| Land SF | 7,360 SF |
| Acres | 0.169 |
| Year Built | 1984 |
| Legal | LOT 6 BLOCK 030 ORIGINAL CITY (TOTAL SQ FT 7360) |
| Neighborhood | 51CBD |
| Land | $5,888,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,888,000 |
| Improvement | $2,057,188 |
|---|---|
| Total Improvement | $2,057,188 |
| Market | $7,945,188 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,945,188 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,945,188 |
| Taxable Value | $7,945,188 |
|---|
Appreciation: Market value has fallen -42.5% from $13,815,719 (2021) to $7,945,188 (2025), a CAGR of -12.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $162,597. 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.
Value Composition: Land carries 74% of market value ($5,888,000 land vs $2,057,188 improvements), about $800/SF of land. With value concentrated in the land under a ~42-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 $7,945,188, 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 -6.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,383,619 by 2031, with an estimated annual tax burden around $139,088. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 3RD | 3rd Floor | 6,859 SF | ✓ |
| 4TH | 4th Floor | 6,859 SF | ✓ |
| 5TH | 5th Floor | 6,859 SF | ✓ |
| ADDL | Additional Floor | 6,859 SF | ✓ |
| 2ND | 2nd Floor | 6,472 SF | ✓ |
| LOBBY | Lobby | 6,448 SF | ✓ |
| 501 | CANOPY | 1,257 SF | ✗ |
| 335 | PENTHOUSE | 1,209 SF | ✓ |
| SO | Sketch Only | 252 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% | $73,508.88 | $73,508.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,634.14 | $41,634.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,861.59 | $29,861.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,377.15 | $9,377.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,215.32 | $8,215.32 | Paid |
| P2U | — | — | — | — | — | — | $6,886.80 | $6,886.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $169,483.88 | $169,483.88 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $73,508.88 | 43.4% |
| CAT City of Austin | 0.5240% | $41,634.14 | 24.6% |
| TCO Travis County | 0.3758% | $29,861.59 | 17.6% |
| THD Travis Central Health | 0.1180% | $9,377.15 | 5.5% |
| ACT Austin Community College | 0.1034% | $8,215.32 | 4.8% |
| P2U | — | $6,886.80 | 4.1% |
| Total | 2.0465% 5 of 6 | $169,483.88 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,100,000 | $7,945,188 | +27.1% |
| Assessed Value | $10,100,000 | $7,945,188 | +27.1% |
| Land Value | $8,832,000 | $5,888,000 | +50.0% |
| Improvement Value | $1,268,000 | $2,057,188 | -38.4% |
| Taxable Value | $10,100,000 | $7,945,188 | +27.1% |
| Total Tax 2026 = estimate |
~$206,695
Estimated
|
~$169,484
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,100,000 | $8,832,000 | $1,268,000 | — | $10,100,000 | $10,100,000 | Not yet — post-cert | Preliminary |
| 2025 | $7,945,188 | $5,888,000 | $2,057,188 | — | $7,945,188 | $7,945,188 | ~$169,484 | Partial |
| 2024 | $10,089,974 | $5,888,000 | $4,201,974 | — | $10,089,974 | $10,089,974 | $208,835 | Verified |
| 2023 | $13,615,613 | $3,680,000 | $9,935,613 | — | $13,615,613 | $13,615,613 | $258,472 | Verified |
| 2022 | $15,084,350 | $3,680,000 | $11,404,350 | — | $15,084,350 | $15,084,350 | $287,418 | Verified |
| 2021 | $13,815,719 | $3,680,000 | $10,135,719 | — | $13,815,719 | $13,815,719 | $314,040 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.1% | +27.1% | ~100% | Not available | Partial |
| 2025 | -21.3% | -21.3% | ~100% | Not available | Partial |
| 2024 | -25.9% | -25.9% | ~100% | No billing data | Verified |
| 2023 | -9.7% | -9.7% | ~100% | No billing data | Verified |
| 2022 | +9.2% | +9.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -42.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +27.1% | -4.1% | -6.1% | +27.1% | 2026 | -25.9% | 2024 |
| 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 |
$169,484 | $247,650 | ~$164,088 | $314,040 | 2021 | $169,484 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$9,486,608 | ~$9,486,608 | ~2.0139% | ~$191,054 | -6.1% |
| 2028 | ~$8,910,468 | ~$8,910,468 | ~1.9814% | ~$176,551 | -11.8% |
| 2029 | ~$8,369,319 | ~$8,369,319 | ~1.9488% | ~$163,105 | -17.1% |
| 2030 | ~$7,861,034 | ~$7,861,034 | ~1.9163% | ~$150,640 | -22.2% |
| 2031 | ~$7,383,619 | ~$7,383,619 | ~1.8837% | ~$139,088 | -26.9% |
| 2027 | ~$9,595,000 | ~$9,595,000 | ~2.0465% | ~$196,360 | -5.0% |
| 2028 | ~$9,115,250 | ~$9,115,250 | ~2.0465% | ~$186,542 | -9.8% |
| 2029 | ~$8,659,487 | ~$8,659,487 | ~2.0465% | ~$177,215 | -14.3% |
| 2030 | ~$8,226,513 | ~$8,226,513 | ~2.0465% | ~$168,354 | -18.5% |
| 2031 | ~$7,815,187 | ~$7,815,187 | ~2.0465% | ~$159,937 | -22.6% |
| 2027 | ~$9,688,608 | ~$9,688,608 | ~1.9977% | ~$193,546 | -4.1% |
| 2028 | ~$9,293,973 | ~$9,293,973 | ~1.9488% | ~$181,125 | -8.0% |
| 2029 | ~$8,915,411 | ~$8,915,411 | ~1.9000% | ~$169,394 | -11.7% |
| 2030 | ~$8,552,270 | ~$8,552,270 | ~1.8512% | ~$158,319 | -15.3% |
| 2031 | ~$8,203,920 | ~$8,203,920 | ~1.8024% | ~$147,865 | -18.8% |
In 2025, this property's market value of $7,945,188 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× 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 | $7,945,188 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $10,089,974 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $13,615,613 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $15,084,350 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $13,815,719 | $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 | — |