310 E 3 ST TX 78701
| Owner | 301 PARTNERS LTD |
|---|---|
| Parcel ID | 0205021602 |
| Short ID | 192870 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 3,680 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1955 |
| Legal | LOT 6 BLOCK 032 ORIGINAL CITY |
| Neighborhood | 96ALL |
| Land | $5,511,168 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,511,168 |
| Improvement | $466,468 |
|---|---|
| Total Improvement | $466,468 |
| Market | $5,977,636 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,977,636 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,977,636 |
| Taxable Value | $5,977,636 |
|---|
Appreciation: Market value has risen +75.7% from $3,402,178 (2021) to $5,977,636 (2025), a CAGR of 15.1% 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 $122,331. 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 92% of market value ($5,511,168 land vs $466,468 improvements), about $936/SF of land. With value concentrated in the land under a ~71-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 $5,977,636, 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 +17.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,811,629 by 2031, with an estimated annual tax burden around $229,440. 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 | 3,680 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% | $50,206.15 | $50,206.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,435.88 | $28,435.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,395.30 | $20,395.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,404.54 | $6,404.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,611.02 | $5,611.02 | Paid |
| P2U | — | — | — | — | — | — | $4,557.03 | $4,557.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $115,609.92 | $115,609.92 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $50,206.15 | 43.4% |
| CAT City of Austin | 0.5240% | $28,435.88 | 24.6% |
| TCO Travis County | 0.3758% | $20,395.30 | 17.6% |
| THD Travis Central Health | 0.1180% | $6,404.54 | 5.5% |
| ACT Austin Community College | 0.1034% | $5,611.02 | 4.9% |
| P2U | — | $4,557.03 | 3.9% |
| Total | 2.0465% 5 of 6 | $115,609.92 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,562,814 | $5,977,636 | +26.5% |
| Assessed Value | $7,562,814 | $5,977,636 | +26.5% |
| Land Value | $7,065,600 | $5,511,168 | +28.2% |
| Improvement Value | $497,214 | $466,468 | +6.6% |
| Taxable Value | $7,562,814 | $5,977,636 | +26.5% |
| Total Tax 2026 = estimate |
~$154,772
Estimated
|
~$115,610
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,562,814 | $7,065,600 | $497,214 | — | $7,562,814 | $7,562,814 | Not yet — post-cert | Preliminary |
| 2025 | $5,977,636 | $5,511,168 | $466,468 | — | $5,977,636 | $5,977,636 | ~$115,610 | Partial |
| 2024 | $5,900,000 | $6,123,520 | — | — | $5,900,000 | $5,900,000 | $121,922 | Verified |
| 2023 | $6,596,226 | $6,123,520 | $472,706 | — | $6,596,226 | $6,596,226 | $124,981 | Verified |
| 2022 | $3,402,178 | $3,061,760 | $340,418 | — | $3,402,178 | $3,402,178 | $70,093 | Verified |
| 2021 | $3,402,178 | $3,061,760 | $340,418 | — | $3,402,178 | $3,402,178 | $76,957 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.5% | +26.5% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | -10.6% | -10.6% | ~100% | No billing data | Verified |
| 2023 | +93.9% ! | +93.9% | ~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): +75.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.5% | +22.2% | +17.3% | +93.9% | 2023 | -10.6% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$115,610 | $101,912 | ~$197,331 | $124,981 | 2023 | $70,093 | 2022 |
Market value changed by 94% 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 | ~$8,872,964 | ~$8,319,095 | ~2.0139% | ~$167,541 | +17.3% |
| 2028 | ~$10,410,078 | ~$9,151,005 | ~1.9814% | ~$181,317 | +37.6% |
| 2029 | ~$12,213,475 | ~$10,066,105 | ~1.9488% | ~$196,172 | +61.5% |
| 2030 | ~$14,329,285 | ~$11,072,716 | ~1.9163% | ~$212,185 | +89.5% |
| 2031 | ~$16,811,629 | ~$12,179,988 | ~1.8837% | ~$229,440 | +122.3% |
| 2027 | ~$8,721,707 | ~$8,319,095 | ~2.0465% | ~$170,249 | +15.3% |
| 2028 | ~$10,058,184 | ~$9,151,005 | ~2.0465% | ~$187,274 | +33.0% |
| 2029 | ~$11,599,458 | ~$10,066,105 | ~2.0465% | ~$206,001 | +53.4% |
| 2030 | ~$13,376,909 | ~$11,072,716 | ~2.0465% | ~$226,601 | +76.9% |
| 2031 | ~$15,426,729 | ~$12,179,988 | ~2.0465% | ~$249,262 | +104.0% |
| 2027 | ~$9,024,220 | ~$8,319,095 | ~1.9977% | ~$166,187 | +19.3% |
| 2028 | ~$10,768,021 | ~$9,151,005 | ~1.9488% | ~$178,338 | +42.4% |
| 2029 | ~$12,848,788 | ~$10,066,105 | ~1.9000% | ~$191,258 | +69.9% |
| 2030 | ~$15,331,633 | ~$11,072,716 | ~1.8512% | ~$204,977 | +102.7% |
| 2031 | ~$18,294,252 | ~$12,179,988 | ~1.8024% | ~$219,529 | +141.9% |
In 2025, this property's market value of $5,977,636 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 | $5,977,636 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $5,900,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,596,226 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,402,178 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,402,178 | $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 | — |