309 E 3 ST TX 78701
| Owner | BIG BLOCK LP |
|---|---|
| Parcel ID | 0205021502 |
| Short ID | 192864 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | — |
| Legal | LOT 10 BLOCK 016 ORIGINAL CITY |
| Neighborhood | 43CBD |
| Land | $7,654,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,654,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,123,520 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,123,520 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,123,520 |
| Taxable Value | $6,123,520 |
|---|
Appreciation: Market value has risen +59.4% from $3,841,917 (2021) to $6,123,520 (2025), a CAGR of 12.4% 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 $125,317. 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 125% of market value ($7,654,400 land vs $0 improvements), about $1,300/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 $6,123,520, 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 +13.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,048,405 by 2031, with an estimated annual tax burden around $214,802. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,688 SF | ✗ |
| 541 | FENCE COMM LF | 112 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% | $56,654.81 | $56,654.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $32,088.29 | $32,088.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,014.94 | $23,014.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,227.16 | $7,227.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,331.72 | $6,331.72 | Paid |
| P2U | — | — | — | — | — | — | $5,201.76 | $5,201.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $130,518.68 | $130,518.68 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $56,654.81 | 43.4% |
| CAT City of Austin | 0.5240% | $32,088.29 | 24.6% |
| TCO Travis County | 0.3758% | $23,014.94 | 17.6% |
| THD Travis Central Health | 0.1180% | $7,227.16 | 5.5% |
| ACT Austin Community College | 0.1034% | $6,331.72 | 4.9% |
| P2U | — | $5,201.76 | 4.0% |
| Total | 2.0465% 5 of 6 | $130,518.68 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,080,317 | $6,123,520 | +15.6% |
| Assessed Value | $7,080,317 | $6,123,520 | +15.6% |
| Land Value | $7,065,600 | $7,654,400 | -7.7% |
| Improvement Value | $14,717 | — | — |
| Taxable Value | $7,080,317 | $6,123,520 | +15.6% |
| Total Tax 2026 = estimate |
~$144,898
Estimated
|
~$130,519
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,080,317 | $7,065,600 | $14,717 | — | $7,080,317 | $7,080,317 | Not yet — post-cert | Preliminary |
| 2025 | $6,123,520 | $7,654,400 | — | — | $6,123,520 | $6,123,520 | ~$130,519 | Partial |
| 2024 | $6,785,917 | $7,654,400 | — | — | $6,785,917 | $6,785,917 | $117,394 | Verified |
| 2023 | $6,785,917 | $7,654,400 | — | — | $6,785,917 | $6,785,917 | $107,655 | Verified |
| 2022 | $3,841,917 | $3,827,200 | $14,717 | — | $3,841,917 | $3,841,917 | $79,217 | Verified |
| 2021 | $3,841,917 | $3,827,200 | $14,717 | — | $3,841,917 | $3,841,917 | $86,968 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.6% | +15.6% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +76.6% ! | +76.6% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +59.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.6% | +16.5% | +13.0% | +76.6% | 2023 | -9.8% | 2025 |
| 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 |
$130,519 | $104,351 | ~$184,742 | $130,519 | 2025 | $79,217 | 2022 |
Market value changed by 77% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$8,001,173 | ~$7,788,349 | ~2.0139% | ~$156,852 | +13.0% |
| 2028 | ~$9,041,794 | ~$8,567,184 | ~1.9814% | ~$169,749 | +27.7% |
| 2029 | ~$10,217,756 | ~$9,423,902 | ~1.9488% | ~$183,657 | +44.3% |
| 2030 | ~$11,546,663 | ~$10,366,292 | ~1.9163% | ~$198,648 | +63.1% |
| 2031 | ~$13,048,405 | ~$11,402,921 | ~1.8837% | ~$214,802 | +84.3% |
| 2027 | ~$7,859,566 | ~$7,788,349 | ~2.0465% | ~$159,387 | +11.0% |
| 2028 | ~$8,724,579 | ~$8,567,184 | ~2.0465% | ~$175,326 | +23.2% |
| 2029 | ~$9,684,793 | ~$9,423,902 | ~2.0465% | ~$192,859 | +36.8% |
| 2030 | ~$10,750,688 | ~$10,366,292 | ~2.0465% | ~$212,145 | +51.8% |
| 2031 | ~$11,933,893 | ~$11,402,921 | ~2.0465% | ~$233,359 | +68.6% |
| 2027 | ~$8,142,779 | ~$7,788,349 | ~1.9977% | ~$155,585 | +15.0% |
| 2028 | ~$9,364,673 | ~$8,567,184 | ~1.9488% | ~$166,961 | +32.3% |
| 2029 | ~$10,769,922 | ~$9,423,902 | ~1.9000% | ~$179,056 | +52.1% |
| 2030 | ~$12,386,041 | ~$10,366,292 | ~1.8512% | ~$191,900 | +74.9% |
| 2031 | ~$14,244,672 | ~$11,402,921 | ~1.8024% | ~$205,523 | +101.2% |
In 2025, this property's market value of $6,123,520 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 | $6,123,520 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,785,917 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,785,917 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,841,917 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,841,917 | $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 | — |