1321 S CONGRESS AVE TX 78704
| Owner | 1321 & 1323 CONGRESS AVE LLC |
|---|---|
| Parcel ID | 0300010305 |
| Short ID | 282698 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,400 SF |
| Land SF | 2,330 SF |
| Acres | 0.053 |
| Year Built | 1933 |
| Legal | N20FT OF LOT 3 BLK 9 FAIRVIEW PARK |
| Neighborhood | 32CEN |
| Land | $489,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $489,300 |
| Improvement | $200,700 |
|---|---|
| Total Improvement | $200,700 |
| Market | $690,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $690,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $690,000 |
| Taxable Value | $690,000 |
|---|
Appreciation: Market value has risen +3.5% from $666,982 (2021) to $690,000 (2025), a CAGR of 0.9% 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 $14,121. Austin ISD is the largest single contributor, at 41.2% 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 ($489,300 land vs $200,700 improvements), about $210/SF of land. With value concentrated in the land under a ~93-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 $690,000, this parcel sits in the lower-middle (25th–50th 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 +4.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,035,932 by 2031, with an estimated annual tax burden around $19,514. 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 | 1,400 SF | ✓ |
| 501 | CANOPY | 200 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% | $6,383.88 | $6,383.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,615.72 | $3,615.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,593.33 | $2,593.33 | Paid |
| P6N | — | — | — | — | — | — | $1,380.00 | $1,380.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $814.36 | $814.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $713.46 | $713.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,500.75 | $15,500.75 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,383.88 | 41.2% |
| CAT City of Austin | 0.5240% | $3,615.72 | 23.3% |
| TCO Travis County | 0.3758% | $2,593.33 | 16.7% |
| P6N | — | $1,380.00 | 8.9% |
| THD Travis Central Health | 0.1180% | $814.36 | 5.3% |
| ACT Austin Community College | 0.1034% | $713.46 | 4.6% |
| Total | 2.0465% 5 of 6 | $15,500.75 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $831,233 | $690,000 | +20.5% |
| Assessed Value | $828,000 | $690,000 | +20.0% |
| Land Value | $489,300 | $489,300 | +0.0% |
| Improvement Value | $341,933 | $200,700 | +70.4% |
| Taxable Value | $828,000 | $690,000 | +20.0% |
| HS Cap Loss | -$3,233 | — | |
| Total Tax 2026 = estimate |
~$16,945
Estimated
|
~$15,501
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $831,233 | $489,300 | $341,933 | −$3,233 | $828,000 | $828,000 | Not yet — post-cert | Preliminary |
| 2025 | $690,000 | $489,300 | $200,700 | — | $690,000 | $690,000 | ~$15,501 | Partial |
| 2024 | $690,000 | $489,300 | $200,700 | — | $690,000 | $690,000 | $15,055 | Verified |
| 2023 | $778,611 | $489,300 | $289,311 | — | $778,611 | $778,611 | $14,627 | Verified |
| 2022 | $680,559 | $267,950 | $412,609 | — | $680,559 | $680,559 | $14,202 | Verified |
| 2021 | $666,982 | $267,950 | $399,032 | — | $666,982 | $666,982 | $13,925 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.5% | +20.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | No billing data | Verified |
| 2023 | +14.4% | +14.4% | ~100% | No billing data | Verified |
| 2022 | +2.0% | +2.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.5% | +5.1% | +4.5% | +20.5% | 2026 | -11.4% | 2024 |
| Assessment Ratio | 99.6% | 99.9% | — | 100.0% | 2021 | 99.6% | 2026 |
| Effective Tax Rate (2025) | 2.2500% | 2.2500% | — | 2.2500% | 2025 | 2.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,501 | $14,662 | ~$18,495 | $15,501 | 2025 | $13,925 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$868,649 | ~$868,649 | ~2.0139% | ~$17,494 | +4.5% |
| 2028 | ~$907,750 | ~$907,750 | ~1.9814% | ~$17,986 | +9.2% |
| 2029 | ~$948,611 | ~$948,611 | ~1.9488% | ~$18,487 | +14.1% |
| 2030 | ~$991,311 | ~$991,311 | ~1.9163% | ~$18,996 | +19.3% |
| 2031 | ~$1,035,932 | ~$1,035,932 | ~1.8837% | ~$19,514 | +24.6% |
| 2027 | ~$852,025 | ~$852,025 | ~2.0465% | ~$17,437 | +2.5% |
| 2028 | ~$873,336 | ~$873,336 | ~2.0465% | ~$17,873 | +5.1% |
| 2029 | ~$895,181 | ~$895,181 | ~2.0465% | ~$18,320 | +7.7% |
| 2030 | ~$917,573 | ~$917,573 | ~2.0465% | ~$18,778 | +10.4% |
| 2031 | ~$940,524 | ~$940,524 | ~2.0465% | ~$19,248 | +13.1% |
| 2027 | ~$885,274 | ~$885,274 | ~1.9977% | ~$17,685 | +6.5% |
| 2028 | ~$942,828 | ~$942,828 | ~1.9488% | ~$18,374 | +13.4% |
| 2029 | ~$1,004,125 | ~$1,004,125 | ~1.9000% | ~$19,079 | +20.8% |
| 2030 | ~$1,069,406 | ~$1,069,406 | ~1.8512% | ~$19,797 | +28.7% |
| 2031 | ~$1,138,931 | ~$1,138,931 | ~1.8024% | ~$20,528 | +37.0% |
In 2025, this property's market value of $690,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -50% below 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 | $690,000 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $690,000 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $778,611 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $680,559 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $666,982 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below 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 | — |