800 W 3 ST TX 78701
| Owner | 300 WEST AVE LLC |
|---|---|
| Parcel ID | 0107001305 |
| Short ID | 105424 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 211,678 SF |
| Land SF | 124,112 SF |
| Acres | 2.849 |
| Year Built | 2000 |
| Legal | IMP ONLY LOT 6-7 *& S 200 FT OF LOT 5 BLK 5 OLT 11 DIV Z RAYMONDS PLATEAU |
| Neighborhood | 08CBD |
| Land | $27,227,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $27,227,070 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $72,917,070 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $72,917,070 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $72,917,070 |
| Taxable Value | $72,917,070 |
|---|
Appreciation: Market value has risen +153.4% from $28,777,329 (2021) to $72,917,070 (2025), a CAGR of 26.2% 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 +37.9%, 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 $1,492,237. 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 37% of market value ($27,227,070 land vs $0 improvements), about $219/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $72,917,070, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +26.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $233,105,552 by 2030, with an estimated annual tax burden around $2,212,148. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 150,000 SF | ✓ |
| 1ST | 1st Floor | 74,953 SF | ✓ |
| 2ND | 2nd Floor | 68,363 SF | ✓ |
| 3RD | 3rd Floor | 68,362 SF | ✓ |
| 601 | POOL COMM'L | 1,000 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 105424 | CITY OF AUSTIN | LOT 6-7 *& S 200 FT OF LOT 5 BLK 5 OLT 11 DIV Z RAYMONDS PLATEAU | $29,476,600 | $29,476,600 | $29,476,600 |
| 487162 | 300 WEST AVE LLC | 800 3 ST 78701 | $39,960,000 | $39,960,000 | $39,960,000 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $652,266.00 | $652,266.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $369,431.98 | $369,431.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $264,970.72 | $264,970.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $83,206.21 | $83,206.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $72,897.00 | $72,897.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,442,771.91 | $1,442,771.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $69,436,600 | $72,917,070 | -4.8% |
| Assessed Value | $69,436,600 | $72,917,070 | -4.8% |
| Land Value | $29,476,600 | $27,227,070 | +8.3% |
| Improvement Value | — | — | — |
| Taxable Value | $69,436,600 | $72,917,070 | -4.8% |
| Total Tax 2026 = estimate |
~$1,421,010
Estimated
|
~$1,442,772
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $74,498,928 | $69,436,600 | -5,062,328 (-6.8%) |
| Taxable Value | $74,498,928 | $69,436,600 | -5,062,328 (-6.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $69,436,600 | $29,476,600 | — | — | $69,436,600 | $69,436,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $72,917,070 | $27,227,070 | — | — | $72,917,070 | $72,917,070 | ~$1,442,772 | Partial |
| 2024 | $57,152,713 | — | — | −$29,925,643 | $27,227,070 | $— | $1,543,913 | Verified |
| 2023 | $52,652,713 | — | — | −$25,805,426 | $26,847,287 | $— | $1,529,970 | Verified |
| 2022 | $42,852,713 | — | — | −$16,005,426 | $26,847,287 | $— | $1,575,351 | Verified |
| 2021 | $28,777,329 | — | — | −$1,930,042 | $26,847,287 | $— | $1,520,884 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | -24.9% | -24.9% | ~100% | 1.9800% | Verified |
| 2023 | +16.4% | +16.4% | ~100% | 1.6200% | Verified |
| 2022 | +25.0% | +25.0% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 5.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | +20.6% | +27.4% | +48.9% | 2022 | -4.8% | 2026 |
| Assessment Ratio | 100.0% | 75.8% | — | 100.0% | 2025 | 47.6% | 2024 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,442,772 | $1,522,578 | ~$1,902,573 | $1,575,351 | 2022 | $1,442,772 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$91,997,048 | ~$80,208,777 | ~2.0139% | ~$1,615,354 | +26.2% |
| 2027 | ~$116,069,623 | ~$88,229,655 | ~1.9814% | ~$1,748,172 | +59.2% |
| 2028 | ~$146,441,192 | ~$97,052,620 | ~1.9488% | ~$1,891,400 | +100.8% |
| 2029 | ~$184,759,993 | ~$106,757,882 | ~1.9163% | ~$2,045,792 | +153.4% |
| 2030 | ~$233,105,552 | ~$117,433,670 | ~1.8837% | ~$2,212,148 | +219.7% |
| 2026 | ~$90,538,706 | ~$80,208,777 | ~2.0465% | ~$1,641,461 | +24.2% |
| 2027 | ~$112,418,908 | ~$88,229,655 | ~2.0465% | ~$1,805,607 | +54.2% |
| 2028 | ~$139,586,828 | ~$97,052,620 | ~2.0465% | ~$1,986,167 | +91.4% |
| 2029 | ~$173,320,332 | ~$106,757,882 | ~2.0465% | ~$2,184,784 | +137.7% |
| 2030 | ~$215,206,106 | ~$117,433,670 | ~2.0465% | ~$2,403,262 | +195.1% |
| 2026 | ~$93,455,389 | ~$80,208,777 | ~1.9977% | ~$1,602,300 | +28.2% |
| 2027 | ~$119,778,671 | ~$88,229,655 | ~1.9488% | ~$1,719,454 | +64.3% |
| 2028 | ~$153,516,349 | ~$97,052,620 | ~1.9000% | ~$1,844,016 | +110.5% |
| 2029 | ~$196,756,811 | ~$106,757,882 | ~1.8512% | ~$1,976,296 | +169.8% |
| 2030 | ~$252,176,676 | ~$117,433,670 | ~1.8024% | ~$2,116,591 | +245.8% |
In 2025, this property's market value of $72,917,070 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 140× the county median of $519,778. 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 | $72,917,070 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $57,152,713 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $52,652,713 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $42,852,713 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $28,777,329 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.