2901 VIA FORTUNA TX 78746
| Owner | TR TERRACE LP |
|---|---|
| Parcel ID | 0401150601 |
| Short ID | 508810 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 99,646 SF |
| Land SF | 257,352 SF |
| Acres | 5.908 |
| Year Built | 2002 |
| Legal | LOT 3 BLK B TERRACE SEC 7 THE |
| Neighborhood | 50SWE |
| Land | $5,147,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,147,040 |
| Improvement | $48,763,952 |
|---|---|
| Total Improvement | $48,763,952 |
| Market | $53,910,992 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $53,910,992 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $53,910,992 |
| Taxable Value | $53,910,992 |
|---|
Appreciation: Market value has fallen -30.5% from $77,541,900 (2021) to $53,910,992 (2025), a CAGR of -8.7% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,053,143. Eanes ISD is the largest single contributor, at 42.6% 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 10% of market value ($5,147,040 land vs $48,763,952 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $53,910,992, 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 -7.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $34,388,534 by 2031, with an estimated annual tax burden around $576,220. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 387 | PARKING GAR UNDR | 250,359 SF | ✓ |
| 491 | SPRINKLER HEADS | 200,491 SF | ✗ |
| 551 | PAVED AREA | 50,965 SF | ✗ |
| 3RD | 3rd Floor | 33,615 SF | ✓ |
| 4TH | 4th Floor | 33,615 SF | ✓ |
| 5TH | 5th Floor | 33,615 SF | ✓ |
| ADDL | Additional Floor | 33,615 SF | ✓ |
| 2ND | 2nd Floor | 33,511 SF | ✓ |
| 1ST | 1st Floor | 32,520 SF | ✓ |
| SO | Sketch Only | 10,450 SF | ✗ |
| 611 | TERRACE | 2,846 SF | ✗ |
| 501 | CANOPY | 1,199 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $418,180.50 | $418,180.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $263,318.54 | $263,318.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $188,862.11 | $188,862.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $59,306.56 | $59,306.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $51,958.50 | $51,958.50 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $981,626.21 | $981,626.21 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $418,180.50 | 42.6% |
| CAT City of Austin | 0.5240% | $263,318.54 | 26.8% |
| TCO Travis County | 0.3758% | $188,862.11 | 19.2% |
| THD Travis Central Health | 0.1180% | $59,306.56 | 6.0% |
| ACT Austin Community College | 0.1034% | $51,958.50 | 5.3% |
| Total | 1.9535% | $981,626.21 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $51,638,670 | $53,910,992 | -4.2% |
| Assessed Value | $51,638,670 | $53,910,992 | -4.2% |
| Land Value | $5,147,040 | $5,147,040 | +0.0% |
| Improvement Value | $46,491,630 | $48,763,952 | -4.7% |
| Taxable Value | $51,638,670 | $53,910,992 | -4.2% |
| Total Tax 2026 = estimate |
~$1,008,754
Estimated
|
~$981,626
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $51,638,670 | $5,147,040 | $46,491,630 | — | $51,638,670 | $51,638,670 | Not yet — post-cert | Preliminary |
| 2025 | $53,910,992 | $5,147,040 | $48,763,952 | — | $53,910,992 | $53,910,992 | ~$981,626 | Partial |
| 2024 | $65,790,029 | $5,147,040 | $60,642,989 | — | $65,790,029 | $65,790,029 | $1,065,178 | Verified |
| 2023 | $74,291,791 | $5,147,040 | $69,144,751 | — | $74,291,791 | $74,291,791 | $1,302,829 | Verified |
| 2022 | $87,928,946 | $5,147,040 | $82,781,906 | — | $87,928,946 | $87,928,946 | $1,658,228 | Verified |
| 2021 | $77,541,900 | $5,147,040 | $72,394,860 | — | $77,541,900 | $77,541,900 | $1,644,853 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2025 | -18.1% | -18.1% | ~100% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | No billing data | Verified |
| 2023 | -15.5% | -15.5% | ~100% | No billing data | Verified |
| 2022 | +13.4% | +13.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.2% | -7.2% | -7.8% | +13.4% | 2022 | -18.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8200% | 1.8200% | — | 1.8200% | 2025 | 1.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$981,626 | $1,330,543 | ~$731,404 | $1,658,228 | 2022 | $981,626 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$47,606,118 | ~$47,606,118 | ~1.8979% | ~$903,522 | -7.8% |
| 2028 | ~$43,888,475 | ~$43,888,475 | ~1.8423% | ~$808,574 | -15.0% |
| 2029 | ~$40,461,149 | ~$40,461,149 | ~1.7868% | ~$722,945 | -21.6% |
| 2030 | ~$37,301,469 | ~$37,301,469 | ~1.7312% | ~$645,760 | -27.8% |
| 2031 | ~$34,388,534 | ~$34,388,534 | ~1.6756% | ~$576,220 | -33.4% |
| 2027 | ~$49,056,736 | ~$49,056,736 | ~1.9535% | ~$958,316 | -5.0% |
| 2028 | ~$46,603,900 | ~$46,603,900 | ~1.9535% | ~$910,400 | -9.7% |
| 2029 | ~$44,273,705 | ~$44,273,705 | ~1.9535% | ~$864,880 | -14.3% |
| 2030 | ~$42,060,019 | ~$42,060,019 | ~1.9535% | ~$821,636 | -18.5% |
| 2031 | ~$39,957,018 | ~$39,957,018 | ~1.9535% | ~$780,554 | -22.6% |
| 2027 | ~$48,638,892 | ~$48,638,892 | ~1.8701% | ~$909,608 | -5.8% |
| 2028 | ~$45,813,375 | ~$45,813,375 | ~1.7868% | ~$818,577 | -11.3% |
| 2029 | ~$43,151,998 | ~$43,151,998 | ~1.7034% | ~$735,053 | -16.4% |
| 2030 | ~$40,645,225 | ~$40,645,225 | ~1.6200% | ~$658,471 | -21.3% |
| 2031 | ~$38,284,075 | ~$38,284,075 | ~1.5367% | ~$588,305 | -25.9% |
In 2025, this property's market value of $53,910,992 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 39× 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 | $53,910,992 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $65,790,029 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $74,291,791 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $87,928,946 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $77,541,900 | $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 | — |