901 LAVACA ST TX 78701
| Owner | 816 CONGRESS INVESTMENT LLC |
|---|---|
| Parcel ID | 0208011701 |
| Short ID | 196878 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 52,992 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 1998 |
| Legal | LOT 1-3 BLOCK 109 ORIGINAL CITY (TOTAL SQ FT 17664) |
| Neighborhood | 50CBD |
| Land | $8,266,752 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,266,752 |
| Improvement | $3,356,160 |
|---|---|
| Total Improvement | $3,356,160 |
| Market | $11,622,912 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,622,912 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,622,912 |
| Taxable Value | $11,622,912 |
|---|
Appreciation: Market value has risen +11.5% from $10,421,760 (2021) to $11,622,912 (2025), a CAGR of 2.8% over 4 years. Growth has been relatively flat for this asset class. 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 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 $237,861. 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 71% of market value ($8,266,752 land vs $3,356,160 improvements), about $468/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 $11,622,912, 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 +14.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $39,594,305 by 2031, with an estimated annual tax burden around $616,271. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 123,648 SF | ✗ |
| ADDL | Additional Floor | 35,328 SF | ✓ |
| SO | Sketch Only | 35,328 SF | ✗ |
| 1ST | 1st Floor | 17,664 SF | ✓ |
| 2ND | 2nd Floor | 17,664 SF | ✓ |
| 3RD | 3rd Floor | 17,664 SF | ✓ |
| 4TH | 4th Floor | 17,664 SF | ✓ |
| 5TH | 5th Floor | 17,664 SF | ✓ |
| 276 | ELEVATOR COM PAS | 2 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% | $107,535.18 | $107,535.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60,906.03 | $60,906.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,684.13 | $43,684.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,717.71 | $13,717.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,018.09 | $12,018.09 | Paid |
| P2U | — | — | — | — | — | — | $10,288.69 | $10,288.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $248,149.83 | $248,149.83 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $107,535.18 | 43.3% |
| CAT City of Austin | 0.5240% | $60,906.03 | 24.5% |
| TCO Travis County | 0.3758% | $43,684.13 | 17.6% |
| THD Travis Central Health | 0.1180% | $13,717.71 | 5.5% |
| ACT Austin Community College | 0.1034% | $12,018.09 | 4.8% |
| P2U | — | $10,288.69 | 4.1% |
| Total | 2.0465% 5 of 6 | $248,149.83 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,313,600 | $11,622,912 | +74.8% |
| Assessed Value | $20,313,600 | $11,622,912 | +74.8% |
| Land Value | $16,957,440 | $8,266,752 | +105.1% |
| Improvement Value | $3,356,160 | $3,356,160 | +0.0% |
| Taxable Value | $20,313,600 | $11,622,912 | +74.8% |
| Total Tax 2026 = estimate |
~$415,715
Estimated
|
~$248,150
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $20,313,600 | $16,957,440 | $3,356,160 | — | $20,313,600 | $20,313,600 | Not yet — post-cert | Preliminary |
| 2025 | $11,622,912 | $8,266,752 | $3,356,160 | — | $11,622,912 | $11,622,912 | ~$248,150 | Partial |
| 2024 | $11,622,912 | $8,266,752 | $3,356,160 | — | $11,622,912 | $11,622,912 | $240,633 | Verified |
| 2023 | $10,421,760 | $7,065,600 | $3,356,160 | — | $10,421,760 | $10,421,760 | $197,733 | Verified |
| 2022 | $10,421,760 | $7,065,600 | $3,356,160 | — | $10,421,760 | $10,421,760 | $215,743 | Verified |
| 2021 | $10,421,760 | $7,065,600 | $3,356,160 | — | $10,421,760 | $10,421,760 | $194,481 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +74.8% | +74.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +11.5% | +11.5% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~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): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +74.8% | +17.3% | +14.3% | +74.8% | 2026 | +0.0% | 2022 |
| 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 |
$248,150 | $219,348 | ~$530,028 | $248,150 | 2025 | $194,481 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$23,214,325 | ~$22,344,960 | ~2.0139% | ~$450,013 | +14.3% |
| 2028 | ~$26,529,266 | ~$24,579,456 | ~1.9814% | ~$487,014 | +30.6% |
| 2029 | ~$30,317,570 | ~$27,037,402 | ~1.9488% | ~$526,916 | +49.2% |
| 2030 | ~$34,646,834 | ~$29,741,142 | ~1.9163% | ~$569,927 | +70.6% |
| 2031 | ~$39,594,305 | ~$32,715,256 | ~1.8837% | ~$616,271 | +94.9% |
| 2027 | ~$22,808,053 | ~$22,344,960 | ~2.0465% | ~$457,286 | +12.3% |
| 2028 | ~$25,608,818 | ~$24,579,456 | ~2.0465% | ~$503,015 | +26.1% |
| 2029 | ~$28,753,509 | ~$27,037,402 | ~2.0465% | ~$553,316 | +41.5% |
| 2030 | ~$32,284,359 | ~$29,741,142 | ~2.0465% | ~$608,648 | +58.9% |
| 2031 | ~$36,248,788 | ~$32,715,256 | ~2.0465% | ~$669,513 | +78.4% |
| 2027 | ~$23,620,597 | ~$22,344,960 | ~1.9977% | ~$446,377 | +16.3% |
| 2028 | ~$27,465,964 | ~$24,579,456 | ~1.9488% | ~$479,014 | +35.2% |
| 2029 | ~$31,937,346 | ~$27,037,402 | ~1.9000% | ~$513,715 | +57.2% |
| 2030 | ~$37,136,656 | ~$29,741,142 | ~1.8512% | ~$550,566 | +82.8% |
| 2031 | ~$43,182,400 | ~$32,715,256 | ~1.8024% | ~$589,650 | +112.6% |
In 2025, this property's market value of $11,622,912 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 8× 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 | $11,622,912 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,622,912 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $10,421,760 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $10,421,760 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $10,421,760 | $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 | — |