300 BOWIE ST 106 TX 78703
| Owner | 300B LLC |
|---|---|
| Parcel ID | 0107002204 |
| Short ID | 750319 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 3,400 SF |
| Land SF | 306 SF |
| Acres | 0.007 |
| Year Built | 2007 |
| Legal | UNT 106 SPRING CONDOMINIUMS AMENDED PLUS 1.2014 % INT IN COM AREA |
| Neighborhood | 24CBD05 |
| Land | $70,417 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $70,417 |
| Improvement | $1,241,736 |
|---|---|
| Total Improvement | $1,241,736 |
| Market | $1,312,153 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,312,153 |
| Value Limitation Adjustment (−) (homestead cap) | −$234,330 |
| Net Appraised (assessed) | $1,077,823 |
| Taxable Value | $1,077,823 |
|---|
Appreciation: Market value has risen +33.4% from $983,779 (2021) to $1,312,153 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2024→2025), 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 +24.1%, 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 $22,057. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,077,823) is $234,330 below market value, suggesting potential for an upward assessment in future years.
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 5% of market value ($70,417 land vs $1,241,736 improvements), about $230/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,312,153, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,880,802 by 2030, with an estimated annual tax burden around $32,699. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,400 SF | ✓ |
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% | $9,972.02 | $9,972.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,647.98 | $5,647.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,050.94 | $4,050.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,272.08 | $1,272.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,114.47 | $1,114.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,057.49 | $22,057.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,345,228 | $1,312,153 | +2.5% |
| Assessed Value | $1,293,388 | $1,077,823 | +20.0% |
| Land Value | $133,945 | $70,417 | +90.2% |
| Improvement Value | $1,211,283 | $1,241,736 | -2.5% |
| Taxable Value | $1,293,388 | $1,077,823 | +20.0% |
| HS Cap Loss | -$51,840 | — | |
| Total Tax 2026 = estimate |
~$26,469
Estimated
|
~$22,057
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,949,417 | $1,345,228 | -604,189 (-31.0%) |
| Taxable Value | $1,293,388 | $1,293,388 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,345,228 | $133,945 | $1,211,283 | −$51,840 | $1,293,388 | $1,293,388 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,312,153 | $70,417 | $1,241,736 | −$234,330 | $1,077,823 | $1,077,823 | ~$22,057 | Partial |
| 2024 | $1,081,503 | — | — | −$1,011,086 | $70,417 | $— | $17,800 | Verified |
| 2023 | $1,030,003 | — | — | −$959,586 | $70,417 | $— | $19,567 | Verified |
| 2022 | $983,779 | — | — | −$913,362 | $70,417 | $— | $20,342 | Verified |
| 2021 | $983,779 | — | — | −$913,362 | $70,417 | $— | $21,414 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +48.6% | +20.0% | 66.4% | Not available | Partial |
| 2025 | +46.1% | +20.0% | 82.1% | Not available | Partial |
| 2024 | -37.5% | -37.5% | ~100% | 1.9800% | Verified |
| 2023 | +31.2% | +31.2% | ~100% | 1.3600% | Verified |
| 2022 | -6.9% | -6.9% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.5% | +6.7% | +6.9% | +21.3% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 96.1% | 34.3% | — | 96.1% | 2026 | 6.5% | 2024 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,057 | $20,236 | ~$28,123 | $22,057 | 2025 | $17,800 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,410,120 | ~$1,185,605 | ~2.0139% | ~$23,877 | +7.5% |
| 2027 | ~$1,515,402 | ~$1,304,166 | ~1.9814% | ~$25,841 | +15.5% |
| 2028 | ~$1,628,545 | ~$1,434,582 | ~1.9488% | ~$27,958 | +24.1% |
| 2029 | ~$1,750,134 | ~$1,578,041 | ~1.9163% | ~$30,240 | +33.4% |
| 2030 | ~$1,880,802 | ~$1,735,845 | ~1.8837% | ~$32,699 | +43.3% |
| 2026 | ~$1,383,877 | ~$1,185,605 | ~2.0465% | ~$24,263 | +5.5% |
| 2027 | ~$1,459,522 | ~$1,304,166 | ~2.0465% | ~$26,690 | +11.2% |
| 2028 | ~$1,539,302 | ~$1,434,582 | ~2.0465% | ~$29,359 | +17.3% |
| 2029 | ~$1,623,443 | ~$1,578,041 | ~2.0465% | ~$32,294 | +23.7% |
| 2030 | ~$1,712,183 | ~$1,712,183 | ~2.0465% | ~$35,040 | +30.5% |
| 2026 | ~$1,436,364 | ~$1,185,605 | ~1.9977% | ~$23,684 | +9.5% |
| 2027 | ~$1,572,332 | ~$1,304,166 | ~1.9488% | ~$25,416 | +19.8% |
| 2028 | ~$1,721,171 | ~$1,434,582 | ~1.9000% | ~$27,257 | +31.2% |
| 2029 | ~$1,884,100 | ~$1,578,041 | ~1.8512% | ~$29,213 | +43.6% |
| 2030 | ~$2,062,452 | ~$1,735,845 | ~1.8024% | ~$31,286 | +57.2% |
In 2025, this property's market value of $1,312,153 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -7% below the county median of $1,417,484. 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 | $1,312,153 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,081,503 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,030,003 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $983,779 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $983,779 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.