2424 S CONGRESS AVE TX 78704
| Owner | HAWKINS FAMILY PARTNERS L P |
|---|---|
| Parcel ID | 0404020447 |
| Short ID | 446507 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,516 SF |
| Land SF | 38,942 SF |
| Acres | 0.894 |
| Year Built | 2000 |
| Legal | LOT 3 BLK A HEB/CONGRESS & OLTORF SUBD NO 2 |
| Neighborhood | 20CEN |
| Land | $5,179,286 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,179,286 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,500,000 |
| Taxable Value | $3,500,000 |
|---|
Appreciation: Market value has risen +18.2% from $2,961,692 (2021) to $3,500,000 (2025), a CAGR of 4.3% 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 $71,627. 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 148% of market value ($5,179,286 land vs $0 improvements), about $133/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 $3,500,000, 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 +12.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,589,016 by 2031, with an estimated annual tax burden around $127,419. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,400 SF | ✗ |
| 1ST | 1st Floor | 8,516 SF | ✓ |
| 501 | CANOPY | 896 SF | ✗ |
| 611 | TERRACE | 896 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $32,382.00 | $32,382.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,340.60 | $18,340.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,154.58 | $13,154.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,130.81 | $4,130.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,619.00 | $3,619.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,626.99 | $71,626.99 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $32,382.00 | 45.2% |
| CAT City of Austin | 0.5240% | $18,340.60 | 25.6% |
| TCO Travis County | 0.3758% | $13,154.58 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,130.81 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,619.00 | 5.1% |
| Total | 2.0465% | $71,626.99 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,329,138 | $3,500,000 | +52.3% |
| Assessed Value | $4,200,000 | $3,500,000 | +20.0% |
| Land Value | $5,179,286 | $5,179,286 | +0.0% |
| Improvement Value | $149,852 | — | — |
| Taxable Value | $4,200,000 | $3,500,000 | +20.0% |
| HS Cap Loss | -$1,129,138 | — | |
| Total Tax 2026 = estimate |
~$85,952
Estimated
|
~$71,627
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,329,138 | $5,179,286 | $149,852 | −$1,129,138 | $4,200,000 | $4,200,000 | Not yet — post-cert | Preliminary |
| 2025 | $3,500,000 | $5,179,286 | — | — | $3,500,000 | $3,500,000 | ~$71,627 | Partial |
| 2024 | $3,500,000 | $5,179,286 | — | — | $3,500,000 | $3,500,000 | $69,364 | Verified |
| 2023 | $5,464,720 | $5,179,286 | $285,434 | — | $5,464,720 | $5,464,720 | $63,324 | Verified |
| 2022 | $3,059,592 | $2,959,592 | $100,000 | — | $3,059,592 | $3,059,592 | $60,425 | Verified |
| 2021 | $2,961,692 | $2,959,592 | $2,100 | — | $2,961,692 | $2,961,692 | $58,770 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +52.3% | +20.0% | 78.8% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -36.0% | -36.0% | ~100% | No billing data | Verified |
| 2023 | +78.6% ! | +78.6% | ~100% | No billing data | Verified |
| 2022 | +3.3% | +3.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +52.3% | +19.6% | +12.5% | +78.6% | 2023 | -36.0% | 2024 |
| Assessment Ratio | 78.8% | 96.5% | — | 100.0% | 2021 | 78.8% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$71,627 | $64,702 | ~$109,588 | $71,627 | 2025 | $58,770 | 2021 |
Market value changed by 79% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,993,498 | ~$4,620,000 | ~2.0139% | ~$93,044 | +12.5% |
| 2028 | ~$6,740,681 | ~$5,082,000 | ~1.9814% | ~$100,694 | +26.5% |
| 2029 | ~$7,581,012 | ~$5,590,200 | ~1.9488% | ~$108,944 | +42.3% |
| 2030 | ~$8,526,104 | ~$6,149,220 | ~1.9163% | ~$117,837 | +60.0% |
| 2031 | ~$9,589,016 | ~$6,764,142 | ~1.8837% | ~$127,419 | +79.9% |
| 2027 | ~$5,886,915 | ~$4,620,000 | ~2.0465% | ~$94,548 | +10.5% |
| 2028 | ~$6,503,073 | ~$5,082,000 | ~2.0465% | ~$104,002 | +22.0% |
| 2029 | ~$7,183,721 | ~$5,590,200 | ~2.0465% | ~$114,403 | +34.8% |
| 2030 | ~$7,935,610 | ~$6,149,220 | ~2.0465% | ~$125,843 | +48.9% |
| 2031 | ~$8,766,195 | ~$6,764,142 | ~2.0465% | ~$138,427 | +64.5% |
| 2027 | ~$6,100,081 | ~$4,620,000 | ~1.9977% | ~$92,292 | +14.5% |
| 2028 | ~$6,982,553 | ~$5,082,000 | ~1.9488% | ~$99,040 | +31.0% |
| 2029 | ~$7,992,688 | ~$5,590,200 | ~1.9000% | ~$106,215 | +50.0% |
| 2030 | ~$9,148,955 | ~$6,149,220 | ~1.8512% | ~$113,834 | +71.7% |
| 2031 | ~$10,472,494 | ~$6,764,142 | ~1.8024% | ~$121,915 | +96.5% |
In 2025, this property's market value of $3,500,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +153% above 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 | $3,500,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $3,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,464,720 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,059,592 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $2,961,692 | $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 | — |