3400 S CONGRESS AVE TX 78704
| Owner | CHUNG PETER & SUZAN |
|---|---|
| Parcel ID | 0407031306 |
| Short ID | 309953 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 14,481 SF |
| Land SF | 70,234 SF |
| Acres | 1.612 |
| Year Built | 1936 |
| Legal | LOT 1-3 BLK 1 BRACKENRIDGE HEIGHTS ABS 8 SUR 20 DECKER I ACR 1.07 + ADJ PT VAC STREET (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SC3 |
| Land | $7,163,868 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,163,868 |
| Improvement | $1 |
|---|---|
| Total Improvement | $1 |
| Market | $7,163,869 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,163,869 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,163,869 |
| Taxable Value | $7,163,869 |
|---|
Appreciation: Market value has risen +69.2% from $4,234,187 (2021) to $7,163,869 (2025), a CAGR of 14.0% over 4 years. This is strong appreciation — well above typical inflation. 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 $146,608. 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 100% of market value ($7,163,868 land vs $1 improvements), about $102/SF of land. With value concentrated in the land under a ~90-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 $7,163,869, 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 +11.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $12,120,628 by 2031, with an estimated annual tax burden around $217,336. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 8,267 SF | ✓ |
| 2ND | 2nd Floor | 6,214 SF | ✓ |
| 551 | PAVED AREA | 5,200 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 4,336 SF | ✓ |
| 501 | CANOPY | 173 SF | ✗ |
| 611 | TERRACE | 110 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 86 SF | ✗ |
| 591 | MASONRY TRIM SF | 50 SF | ✗ |
| 152 | COMMODE AVG | 14 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% | $66,280.12 | $66,280.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $37,539.89 | $37,539.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $26,925.04 | $26,925.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,455.01 | $8,455.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,407.44 | $7,407.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $146,607.50 | $146,607.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $66,280.12 | 45.2% |
| CAT City of Austin | 0.5240% | $37,539.89 | 25.6% |
| TCO Travis County | 0.3758% | $26,925.04 | 18.4% |
| THD Travis Central Health | 0.1180% | $8,455.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $7,407.44 | 5.1% |
| Total | 2.0465% | $146,607.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,163,868 | $7,163,869 | -0.0% |
| Assessed Value | $7,163,868 | $7,163,869 | -0.0% |
| Land Value | $7,163,868 | $7,163,868 | +0.0% |
| Improvement Value | — | $1 | — |
| Taxable Value | $7,163,868 | $7,163,869 | -0.0% |
| Total Tax 2026 = estimate |
~$146,607
Estimated
|
~$146,608
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,163,868 | $7,163,868 | — | — | $7,163,868 | $7,163,868 | Not yet — post-cert | Preliminary |
| 2025 | $7,163,869 | $7,163,868 | $1 | — | $7,163,869 | $7,163,869 | ~$146,608 | Partial |
| 2024 | $7,163,869 | $7,163,868 | $1 | — | $7,163,869 | $7,163,869 | $141,975 | Verified |
| 2023 | $6,000,000 | $7,163,868 | — | — | $6,000,000 | $6,000,000 | $108,555 | Verified |
| 2022 | $4,234,187 | $4,178,923 | $55,264 | — | $4,234,187 | $4,234,187 | $83,622 | Verified |
| 2021 | $4,234,187 | $4,178,923 | $55,264 | — | $4,234,187 | $4,234,187 | $92,165 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +19.4% | +19.4% | ~100% | No billing data | Verified |
| 2023 | +41.7% | +41.7% | ~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): +69.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +-0.0% | +12.2% | +11.1% | +41.7% | 2023 | +-0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$146,608 | $114,585 | ~$186,921 | $146,608 | 2025 | $83,622 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,958,351 | ~$7,880,255 | ~2.0139% | ~$158,703 | +11.1% |
| 2028 | ~$8,840,943 | ~$8,668,280 | ~1.9814% | ~$171,752 | +23.4% |
| 2029 | ~$9,821,416 | ~$9,535,108 | ~1.9488% | ~$185,824 | +37.1% |
| 2030 | ~$10,910,624 | ~$10,488,619 | ~1.9163% | ~$200,992 | +52.3% |
| 2031 | ~$12,120,628 | ~$11,537,481 | ~1.8837% | ~$217,336 | +69.2% |
| 2027 | ~$7,815,074 | ~$7,815,074 | ~2.0465% | ~$159,934 | +9.1% |
| 2028 | ~$8,525,475 | ~$8,525,475 | ~2.0465% | ~$174,473 | +19.0% |
| 2029 | ~$9,300,452 | ~$9,300,452 | ~2.0465% | ~$190,332 | +29.8% |
| 2030 | ~$10,145,876 | ~$10,145,876 | ~2.0465% | ~$207,634 | +41.6% |
| 2031 | ~$11,068,150 | ~$11,068,150 | ~2.0465% | ~$226,508 | +54.5% |
| 2027 | ~$8,101,628 | ~$7,880,255 | ~1.9977% | ~$157,421 | +13.1% |
| 2028 | ~$9,162,143 | ~$8,668,280 | ~1.9488% | ~$168,931 | +27.9% |
| 2029 | ~$10,361,480 | ~$9,535,108 | ~1.9000% | ~$181,169 | +44.6% |
| 2030 | ~$11,717,812 | ~$10,488,619 | ~1.8512% | ~$194,165 | +63.6% |
| 2031 | ~$13,251,690 | ~$11,537,481 | ~1.8024% | ~$207,948 | +85.0% |
In 2025, this property's market value of $7,163,869 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 5× 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 | $7,163,869 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,163,869 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,234,187 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,234,187 | $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 | — |