4341 S CONGRESS AVE TX 78745
| Owner | BISHOP MOMO PROPERTY LLC |
|---|---|
| Parcel ID | 0412040502 |
| Short ID | 316327 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 226,050 SF |
| Land SF | 99,426 SF |
| Acres | 2.283 |
| Year Built | 2024 |
| Legal | 1.156 ACR OF BLK 26 FORTVIEW ADDN |
| Neighborhood | 63SOU |
| Land | $4,474,221 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,474,221 |
| Improvement | $62,885,779 |
|---|---|
| Total Improvement | $62,885,779 |
| Market | $67,360,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $67,360,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $67,360,000 |
| Taxable Value | $67,360,000 |
|---|
| Total Due | $200.92 |
|---|---|
| First Delinquent | 2022 |
Appreciation: Market value has risen +2755.0% from $2,359,366 (2021) to $67,360,000 (2025), a CAGR of 131.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family 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 $1,378,512. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 7% of market value ($4,474,221 land vs $62,885,779 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $67,360,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +94.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,778,633,921 by 2031, with an estimated annual tax burden around $1,965,287. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $200.92 in unpaid taxes since 2022. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 226,050 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% | $610,632.00 | $610,632.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $345,851.22 | $345,851.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $248,057.70 | $248,057.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,895.18 | $77,895.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $68,244.00 | $68,244.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,350,680.10 | $1,350,680.10 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $610,632.00 | 45.2% |
| CAT City of Austin | 0.5240% | $345,851.22 | 25.6% |
| TCO Travis County | 0.3758% | $248,057.70 | 18.4% |
| THD Travis Central Health | 0.1180% | $77,895.18 | 5.8% |
| ACT Austin Community College | 0.1034% | $68,244.00 | 5.1% |
| Total | 2.0465% | $1,350,680.10 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $64,780,000 | $67,360,000 | -3.8% |
| Assessed Value | $64,780,000 | $67,360,000 | -3.8% |
| Land Value | $4,474,221 | $4,474,221 | +0.0% |
| Improvement Value | $60,305,779 | $62,885,779 | -4.1% |
| Taxable Value | $64,636,601 | $67,360,000 | -4.0% |
| Exemptions | SO | None | |
| Total Tax 2026 = estimate |
~$1,322,778
Estimated
|
~$1,350,680
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $64,780,000 | $4,474,221 | $60,305,779 | — | $64,780,000 | $64,636,601 | Not yet — post-cert | Preliminary |
| 2025 | $67,360,000 | $4,474,221 | $62,885,779 | — | $67,360,000 | $67,360,000 | ~$1,350,680 | Partial |
| 2024 | $30,383,620 | $4,474,221 | $25,909,399 | — | $30,383,620 | $30,383,620 | $602,147 | Verified |
| 2023 | $8,157,063 | $2,176,083 | $5,980,980 | — | $8,157,063 | $8,157,063 | $147,581 | Verified |
| 2022 | $2,265,975 | $2,265,975 | — | — | $2,265,975 | $2,265,975 | $48,969 | Verified |
| 2021 | $2,359,366 | $2,265,975 | $93,391 | — | $2,359,366 | $2,359,366 | $51,356 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2025 | +121.7% ! | +121.7% | ~100% | Not available | Partial |
| 2024 | +272.5% ! | +272.5% | ~100% | No billing data | Verified |
| 2023 | +260.0% ! | +260.0% | ~100% | No billing data | Verified |
| 2022 | -4.0% | -4.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2755.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.8% | +129.3% | +94.0% | +272.5% | 2024 | -4.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,350,680 | $440,147 | ~$1,690,258 | $1,350,680 | 2025 | $48,969 | 2022 |
Market value changed by 260% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$125,652,192 | ~$71,258,000 | ~2.0139% | ~$1,435,091 | +94.0% |
| 2028 | ~$243,724,504 | ~$78,383,800 | ~1.9814% | ~$1,553,087 | +276.2% |
| 2029 | ~$472,746,497 | ~$86,222,180 | ~1.9488% | ~$1,680,332 | +629.8% |
| 2030 | ~$916,974,894 | ~$94,844,398 | ~1.9163% | ~$1,817,495 | +1315.5% |
| 2031 | ~$1,778,633,921 | ~$104,328,838 | ~1.8837% | ~$1,965,287 | +2645.7% |
| 2027 | ~$124,356,592 | ~$71,258,000 | ~2.0465% | ~$1,458,284 | +92.0% |
| 2028 | ~$238,724,328 | ~$78,383,800 | ~2.0465% | ~$1,604,113 | +268.5% |
| 2029 | ~$458,273,292 | ~$86,222,180 | ~2.0465% | ~$1,764,524 | +607.4% |
| 2030 | ~$879,736,103 | ~$94,844,398 | ~2.0465% | ~$1,940,976 | +1258.0% |
| 2031 | ~$1,688,808,020 | ~$104,328,838 | ~2.0465% | ~$2,135,074 | +2507.0% |
| 2027 | ~$126,947,792 | ~$71,258,000 | ~1.9977% | ~$1,423,494 | +96.0% |
| 2028 | ~$248,776,503 | ~$78,383,800 | ~1.9488% | ~$1,527,574 | +284.0% |
| 2029 | ~$487,521,269 | ~$86,222,180 | ~1.9000% | ~$1,638,236 | +652.6% |
| 2030 | ~$955,383,584 | ~$94,844,398 | ~1.8512% | ~$1,755,754 | +1374.8% |
| 2031 | ~$1,872,241,995 | ~$104,328,838 | ~1.8024% | ~$1,880,393 | +2790.2% |
In 2025, this property's market value of $67,360,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 130× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $67,360,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $30,383,620 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $8,157,063 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,265,975 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,359,366 | $353,349 | $436,046 | $657,886 | ↑ 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 |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |