621 CONGRESS AVE TX 78701
| Owner | 109 E 7TH SERIES |
|---|---|
| Parcel ID | 0206030709 |
| Short ID | 194411 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 234,289 SF |
| Land SF | 11,042 SF |
| Acres | 0.253 |
| Year Built | 2016 |
| Legal | LOT 6 BLOCK 069 ORIGINAL CITY |
| Neighborhood | 34CBD1 |
| Land | $11,484,158 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,484,158 |
| Improvement | $86,515,842 |
|---|---|
| Total Improvement | $86,515,842 |
| Market | $98,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $98,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $98,000,000 |
| Taxable Value | $98,000,000 |
|---|
Appreciation: Market value has risen +17.9% from $83,108,000 (2021) to $98,000,000 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. 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 $2,005,555. 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 12% of market value ($11,484,158 land vs $86,515,842 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $98,000,000, 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 +7.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $167,516,645 by 2031, with an estimated annual tax burden around $3,155,582. 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 | 234,289 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% | $906,696.00 | $906,696.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $513,536.66 | $513,536.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $368,328.10 | $368,328.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $115,662.54 | $115,662.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $101,332.00 | $101,332.00 | Paid |
| P2U | — | — | — | — | — | — | $90,187.50 | $90,187.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,095,742.80 | $2,095,742.80 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $906,696.00 | 43.3% |
| CAT City of Austin | 0.5240% | $513,536.66 | 24.5% |
| TCO Travis County | 0.3758% | $368,328.10 | 17.6% |
| THD Travis Central Health | 0.1180% | $115,662.54 | 5.5% |
| ACT Austin Community College | 0.1034% | $101,332.00 | 4.8% |
| P2U | — | $90,187.50 | 4.3% |
| Total | 2.0465% 5 of 6 | $2,095,742.80 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $117,991,412 | $98,000,000 | +20.4% |
| Assessed Value | $117,991,412 | $98,000,000 | +20.4% |
| Land Value | $13,250,952 | $11,484,158 | +15.4% |
| Improvement Value | $104,740,460 | $86,515,842 | +21.1% |
| Taxable Value | $117,991,412 | $98,000,000 | +20.4% |
| Total Tax 2026 = estimate |
~$2,414,677
Estimated
|
~$2,095,743
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $117,991,412 | $13,250,952 | $104,740,460 | — | $117,991,412 | $117,991,412 | Not yet — post-cert | Preliminary |
| 2025 | $98,000,000 | $11,484,158 | $86,515,842 | — | $98,000,000 | $98,000,000 | ~$2,095,743 | Partial |
| 2024 | $107,123,320 | $11,484,158 | $95,639,162 | — | $107,123,320 | $107,123,320 | $1,699,881 | Verified |
| 2023 | $94,000,000 | $7,177,599 | $86,822,401 | — | $94,000,000 | $94,000,000 | $1,678,991 | Verified |
| 2022 | $91,148,000 | $4,784,000 | $86,364,000 | — | $91,148,000 | $91,148,000 | $1,759,372 | Verified |
| 2021 | $83,108,000 | $4,784,000 | $78,324,000 | — | $83,108,000 | $83,108,000 | $1,750,430 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.4% | +20.4% | ~100% | Not available | Partial |
| 2025 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2024 | +14.0% | +14.0% | ~100% | No billing data | Verified |
| 2023 | +3.1% | +3.1% | ~100% | No billing data | Verified |
| 2022 | +9.7% | +9.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.4% | +7.7% | +7.3% | +20.4% | 2026 | -8.5% | 2025 |
| 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 |
$2,095,743 | $1,796,883 | ~$2,844,898 | $2,095,743 | 2025 | $1,678,991 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$126,558,673 | ~$126,558,673 | ~2.0139% | ~$2,548,811 | +7.3% |
| 2028 | ~$135,747,995 | ~$135,747,995 | ~1.9814% | ~$2,689,694 | +15.0% |
| 2029 | ~$145,604,547 | ~$145,604,547 | ~1.9488% | ~$2,837,599 | +23.4% |
| 2030 | ~$156,176,776 | ~$156,176,776 | ~1.9163% | ~$2,992,802 | +32.4% |
| 2031 | ~$167,516,645 | ~$167,516,645 | ~1.8837% | ~$3,155,582 | +42.0% |
| 2027 | ~$124,198,845 | ~$124,198,845 | ~2.0465% | ~$2,541,711 | +5.3% |
| 2028 | ~$130,732,845 | ~$130,732,845 | ~2.0465% | ~$2,675,428 | +10.8% |
| 2029 | ~$137,610,594 | ~$137,610,594 | ~2.0465% | ~$2,816,180 | +16.6% |
| 2030 | ~$144,850,176 | ~$144,850,176 | ~2.0465% | ~$2,964,337 | +22.8% |
| 2031 | ~$152,470,626 | ~$152,470,626 | ~2.0465% | ~$3,120,288 | +29.2% |
| 2027 | ~$128,918,501 | ~$128,918,501 | ~1.9977% | ~$2,575,356 | +9.3% |
| 2028 | ~$140,857,539 | ~$140,857,539 | ~1.9488% | ~$2,745,087 | +19.4% |
| 2029 | ~$153,902,241 | ~$153,902,241 | ~1.9000% | ~$2,924,168 | +30.4% |
| 2030 | ~$168,155,003 | ~$168,155,003 | ~1.8512% | ~$3,112,875 | +42.5% |
| 2031 | ~$183,727,702 | ~$183,727,702 | ~1.8024% | ~$3,311,455 | +55.7% |
In 2025, this property's market value of $98,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 71× 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 | $98,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $107,123,320 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $94,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $91,148,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $83,108,000 | $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 | — |