617 CONGRESS AVE TX 78701
| Owner | 617 CONGRESS HOLDINGS LLC |
|---|---|
| Parcel ID | 0206030707 |
| Short ID | 194409 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,761 SF |
| Land SF | 3,698 SF |
| Acres | 0.085 |
| Year Built | 1900 |
| Legal | .0849AC OF LOT 5 BLOCK 069 ORIGINAL CITY |
| Neighborhood | 32CBD |
| Land | $2,958,592 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,958,592 |
| Improvement | $88,322 |
|---|---|
| Total Improvement | $88,322 |
| Market | $3,046,914 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,046,914 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,046,914 |
| Taxable Value | $3,046,914 |
|---|
Appreciation: Market value has risen +55.0% from $1,965,310 (2021) to $3,046,914 (2025), a CAGR of 11.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $62,355. Austin ISD is the largest single contributor, at 43.6% 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 97% of market value ($2,958,592 land vs $88,322 improvements), about $800/SF of land. With value concentrated in the land under a ~126-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 $3,046,914, this parcel sits in the upper-middle (50th–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 -4.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,259,559 by 2031, with an estimated annual tax burden around $23,727. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,967 SF | ✓ |
| 2ND | 2nd Floor | 1,794 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% | $28,190.05 | $28,190.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,966.35 | $15,966.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,451.67 | $11,451.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,596.06 | $3,596.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,150.51 | $3,150.51 | Paid |
| P2U | — | — | — | — | — | — | $2,355.90 | $2,355.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $64,710.54 | $64,710.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $28,190.05 | 43.6% |
| CAT City of Austin | 0.5240% | $15,966.35 | 24.7% |
| TCO Travis County | 0.3758% | $11,451.67 | 17.7% |
| THD Travis Central Health | 0.1180% | $3,596.06 | 5.6% |
| ACT Austin Community College | 0.1034% | $3,150.51 | 4.9% |
| P2U | — | $2,355.90 | 3.6% |
| Total | 2.0465% 5 of 6 | $64,710.54 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,573,348 | $3,046,914 | -48.4% |
| Assessed Value | $1,573,348 | $3,046,914 | -48.4% |
| Land Value | $1,479,296 | $2,958,592 | -50.0% |
| Improvement Value | $94,052 | $88,322 | +6.5% |
| Taxable Value | $1,573,348 | $3,046,914 | -48.4% |
| Total Tax 2026 = estimate |
~$32,198
Estimated
|
~$64,711
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,573,348 | $1,479,296 | $94,052 | — | $1,573,348 | $1,573,348 | Not yet — post-cert | Preliminary |
| 2025 | $3,046,914 | $2,958,592 | $88,322 | — | $3,046,914 | $3,046,914 | ~$64,711 | Partial |
| 2024 | $3,046,130 | $2,958,592 | $87,538 | −$612,595 | $2,433,535 | $2,433,535 | $50,017 | Verified |
| 2023 | $2,027,946 | $1,849,120 | $178,826 | — | $2,027,946 | $2,027,946 | $38,104 | Verified |
| 2022 | $1,849,120 | $1,849,120 | — | — | $1,849,120 | $1,849,120 | $37,868 | Verified |
| 2021 | $1,965,310 | $1,849,120 | $116,190 | — | $1,965,310 | $1,965,310 | $44,244 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -48.4% | -48.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +25.2% | ~100% | Not available | Partial |
| 2024 | +50.2% | +20.0% | 79.9% | No billing data | Verified |
| 2023 | +9.7% | +9.7% | ~100% | No billing data | Verified |
| 2022 | -5.9% | -5.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +55.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -48.4% | +1.1% | -4.4% | +50.2% | 2024 | -48.4% | 2026 |
| Assessment Ratio | 100.0% | 96.6% | — | 100.0% | 2021 | 79.9% | 2024 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$64,711 | $46,989 | ~$26,924 | $64,711 | 2025 | $37,868 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,504,886 | ~$1,504,886 | ~2.0139% | ~$30,307 | -4.4% |
| 2028 | ~$1,439,403 | ~$1,439,403 | ~1.9814% | ~$28,520 | -8.5% |
| 2029 | ~$1,376,769 | ~$1,376,769 | ~1.9488% | ~$26,831 | -12.5% |
| 2030 | ~$1,316,861 | ~$1,316,861 | ~1.9163% | ~$25,235 | -16.3% |
| 2031 | ~$1,259,559 | ~$1,259,559 | ~1.8837% | ~$23,727 | -19.9% |
| 2027 | ~$1,494,681 | ~$1,494,681 | ~2.0465% | ~$30,588 | -5.0% |
| 2028 | ~$1,419,947 | ~$1,419,947 | ~2.0465% | ~$29,059 | -9.7% |
| 2029 | ~$1,348,949 | ~$1,348,949 | ~2.0465% | ~$27,606 | -14.3% |
| 2030 | ~$1,281,502 | ~$1,281,502 | ~2.0465% | ~$26,226 | -18.5% |
| 2031 | ~$1,217,427 | ~$1,217,427 | ~2.0465% | ~$24,914 | -22.6% |
| 2027 | ~$1,536,353 | ~$1,536,353 | ~1.9977% | ~$30,691 | -2.4% |
| 2028 | ~$1,500,227 | ~$1,500,227 | ~1.9488% | ~$29,237 | -4.6% |
| 2029 | ~$1,464,951 | ~$1,464,951 | ~1.9000% | ~$27,834 | -6.9% |
| 2030 | ~$1,430,505 | ~$1,430,505 | ~1.8512% | ~$26,481 | -9.1% |
| 2031 | ~$1,396,869 | ~$1,396,869 | ~1.8024% | ~$25,177 | -11.2% |
In 2025, this property's market value of $3,046,914 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +120% above 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 | $3,046,914 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $3,046,130 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $2,027,946 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,849,120 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,965,310 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 | — |