2800 S INTERSTATE HY 35 TX
| Owner | PB FOUNTAIN PARK PLAZA LTD |
|---|---|
| Parcel ID | 0309020113 |
| Short ID | 289704 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 58,124 SF |
| Land SF | 139,288 SF |
| Acres | 3.198 |
| Year Built | 1976 |
| Legal | UNNUMBERED LOT PARK PLAZA II |
| Neighborhood | 51SCN |
| Land | $11,839,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,839,480 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $10,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,000,000 |
| Taxable Value | $10,000,000 |
|---|
Appreciation: Market value has risen +31.2% from $7,623,800 (2021) to $10,000,000 (2025), a CAGR of 7.0% over 4 years. This represents moderate, steady growth. 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 $204,648. Austin ISD is the largest single contributor, at 45.2% 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 118% of market value ($11,839,480 land vs $0 improvements), about $85/SF of land. With value concentrated in the land under a ~50-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 $10,000,000, 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 +5.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,043,247 by 2031, with an estimated annual tax burden around $245,701. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 85,600 SF | ✗ |
| 1ST | 1st Floor | 44,012 SF | ✓ |
| 2ND | 2nd Floor | 14,112 SF | ✓ |
| 611 | TERRACE | 420 SF | ✗ |
| 581C | STORAGE ATT COMM | 300 SF | ✓ |
| 501 | CANOPY | 228 SF | ✗ |
| 482 | LIGHT POLES | 5 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% | $140.95 | $140.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $79.83 | $79.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $57.26 | $57.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17.98 | $17.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15.75 | $15.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $311.77 | $311.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $140.95 | 45.2% |
| CAT City of Austin | 0.5240% | $79.83 | 25.6% |
| TCO Travis County | 0.3758% | $57.26 | 18.4% |
| THD Travis Central Health | 0.1180% | $17.98 | 5.8% |
| ACT Austin Community College | 0.1034% | $15.75 | 5.1% |
| Total | 2.0465% | $311.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,971,916 | $10,000,000 | -0.3% |
| Assessed Value | $9,971,916 | $10,000,000 | -0.3% |
| Land Value | $11,506,535 | $11,839,480 | -2.8% |
| Improvement Value | — | — | — |
| Taxable Value | $9,971,916 | $10,000,000 | -0.3% |
| Exemptions | — | F | |
| Total Tax 2026 = estimate |
~$204,074
Estimated
|
~$312
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,971,916 | $11,506,535 | — | — | $9,971,916 | $9,971,916 | Not yet — post-cert | Preliminary |
| 2025 | $10,000,000 | $11,839,480 | — | — | $10,000,000 | $10,000,000 | ~$312 | Partial |
| 2024 | $13,145,662 | $11,839,480 | $1,306,182 | — | $13,145,662 | $13,145,662 | $201,368 | Verified |
| 2023 | $13,109,323 | $11,839,480 | $1,269,843 | — | $13,109,323 | $13,109,323 | $164,825 | Verified |
| 2022 | $7,660,257 | $3,203,624 | $4,456,633 | — | $7,660,257 | $7,660,257 | $151,284 | Verified |
| 2021 | $7,623,800 | $3,203,624 | $4,420,176 | — | $7,623,800 | $7,623,800 | $165,946 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2025 | -23.9% | -23.9% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | No billing data | Verified |
| 2023 | +71.1% | +71.1% | ~100% | No billing data | Verified |
| 2022 | +0.5% | +0.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.3% | +9.5% | +5.5% | +71.1% | 2023 | -23.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 0.0000% | 0.0000% | — | 0.0000% | 2025 | 0.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$312 | $136,747 | ~$228,556 | $201,368 | 2024 | $312 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,522,042 | ~$10,522,042 | ~2.0139% | ~$211,907 | +5.5% |
| 2028 | ~$11,102,517 | ~$11,102,517 | ~1.9814% | ~$219,984 | +11.3% |
| 2029 | ~$11,715,016 | ~$11,715,016 | ~1.9488% | ~$228,307 | +17.5% |
| 2030 | ~$12,361,305 | ~$12,361,305 | ~1.9163% | ~$236,879 | +24.0% |
| 2031 | ~$13,043,247 | ~$13,043,247 | ~1.8837% | ~$245,701 | +30.8% |
| 2027 | ~$10,322,604 | ~$10,322,604 | ~2.0465% | ~$211,251 | +3.5% |
| 2028 | ~$10,685,624 | ~$10,685,624 | ~2.0465% | ~$218,680 | +7.2% |
| 2029 | ~$11,061,412 | ~$11,061,412 | ~2.0465% | ~$226,370 | +10.9% |
| 2030 | ~$11,450,414 | ~$11,450,414 | ~2.0465% | ~$234,331 | +14.8% |
| 2031 | ~$11,853,097 | ~$11,853,097 | ~2.0465% | ~$242,572 | +18.9% |
| 2027 | ~$10,721,480 | ~$10,721,480 | ~1.9977% | ~$214,179 | +7.5% |
| 2028 | ~$11,527,388 | ~$11,527,388 | ~1.9488% | ~$224,650 | +15.6% |
| 2029 | ~$12,393,873 | ~$12,393,873 | ~1.9000% | ~$235,486 | +24.3% |
| 2030 | ~$13,325,490 | ~$13,325,490 | ~1.8512% | ~$246,681 | +33.6% |
| 2031 | ~$14,327,134 | ~$14,327,134 | ~1.8024% | ~$258,228 | +43.7% |
In 2025, this property's market value of $10,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× 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 | $10,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $13,145,662 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $13,109,323 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,660,257 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,623,800 | $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 | — |