611 S CONGRESS AVE TX 78704
| Owner | MONTEREY & GREAT PACIFIC CORP |
|---|---|
| Parcel ID | 0201010120 |
| Short ID | 187773 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 31,900 SF |
| Land SF | 99,883 SF |
| Acres | 2.293 |
| Year Built | 1972 |
| Legal | LOT B FIRST RESUB GLASS TAYLOR SUBD |
| Neighborhood | 51SCN |
| Land | $19,776,834 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,776,834 |
| Improvement | $532,315 |
|---|---|
| Total Improvement | $532,315 |
| Market | $20,309,149 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,309,149 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,309,149 |
| Taxable Value | $20,309,149 |
|---|
Appreciation: Market value has risen +56.6% from $12,969,000 (2021) to $20,309,149 (2025), a CAGR of 11.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $415,624. 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 97% of market value ($19,776,834 land vs $532,315 improvements), about $198/SF of land. With value concentrated in the land under a ~54-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 $20,309,149, this parcel sits in the top quartile (≥75th 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 +11.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $35,577,323 by 2030, with an estimated annual tax burden around $616,136. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 64,700 SF | ✗ |
| 2ND | 2nd Floor | 10,890 SF | ✓ |
| 3RD | 3rd Floor | 10,890 SF | ✓ |
| 4TH | 4th Floor | 10,890 SF | ✓ |
| 5TH | 5th Floor | 10,890 SF | ✓ |
| 1ST | 1st Floor | 10,120 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 770 SF | ✗ |
| SO | Sketch Only | 261 SF | ✗ |
| 299 | ALL FLAT VALUE | 1 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% | $187,900.25 | $187,900.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $106,423.39 | $106,423.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $76,330.92 | $76,330.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $23,969.47 | $23,969.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $20,999.66 | $20,999.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $415,623.69 | $415,623.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,309,149 | $20,309,149 | +0.0% |
| Assessed Value | $20,309,149 | $20,309,149 | +0.0% |
| Land Value | $19,776,834 | $19,776,834 | +0.0% |
| Improvement Value | $532,315 | $532,315 | +0.0% |
| Taxable Value | $20,309,149 | $20,309,149 | +0.0% |
| Total Tax 2026 = estimate |
~$415,624
Estimated
|
~$415,624
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,309,149 | $20,309,149 | +0 (+0.0%) |
| Taxable Value | $20,309,149 | $20,309,149 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,309,149 | $19,776,834 | $532,315 | — | $20,309,149 | $20,309,149 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $20,309,149 | $19,776,834 | $532,315 | — | $20,309,149 | $20,309,149 | ~$415,624 | Partial |
| 2024 | $20,307,610 | — | — | −$530,776 | $19,776,834 | $— | $402,490 | Verified |
| 2023 | $12,981,527 | — | — | — | $19,776,834 ! | $— | $367,415 | Verified |
| 2022 | $12,981,981 | — | — | −$396,723 | $12,585,258 | $— | $256,375 | Verified |
| 2021 | $12,969,000 | — | — | −$383,742 | $12,585,258 | $— | $282,576 | 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 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +56.4% | +56.4% | ~100% | 1.8100% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.3% | +11.9% | +56.4% | 2024 | +-0.0% | 2023 |
| Assessment Ratio | 100.0% | 107.3% | — | 152.3% | 2023 | 96.9% | 2022 |
| 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 |
$415,624 | $344,896 | ~$529,912 | $415,624 | 2025 | $256,375 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,718,938 | ~$22,340,064 | ~2.0139% | ~$449,915 | +11.9% |
| 2027 | ~$25,414,662 | ~$24,574,070 | ~1.9814% | ~$486,908 | +25.1% |
| 2028 | ~$28,430,248 | ~$27,031,477 | ~1.9488% | ~$526,800 | +40.0% |
| 2029 | ~$31,803,650 | ~$29,734,625 | ~1.9163% | ~$569,802 | +56.6% |
| 2030 | ~$35,577,323 | ~$32,708,088 | ~1.8837% | ~$616,136 | +75.2% |
| 2026 | ~$22,312,755 | ~$22,312,755 | ~2.0465% | ~$456,627 | +9.9% |
| 2027 | ~$24,514,028 | ~$24,514,028 | ~2.0465% | ~$501,676 | +20.7% |
| 2028 | ~$26,932,469 | ~$26,932,469 | ~2.0465% | ~$551,169 | +32.6% |
| 2029 | ~$29,589,501 | ~$29,589,501 | ~2.0465% | ~$605,545 | +45.7% |
| 2030 | ~$32,508,664 | ~$32,508,664 | ~2.0465% | ~$665,285 | +60.1% |
| 2026 | ~$23,125,121 | ~$22,340,064 | ~1.9977% | ~$446,279 | +13.9% |
| 2027 | ~$26,331,544 | ~$24,574,070 | ~1.9488% | ~$478,909 | +29.7% |
| 2028 | ~$29,982,553 | ~$27,031,477 | ~1.9000% | ~$513,603 | +47.6% |
| 2029 | ~$34,139,795 | ~$29,734,625 | ~1.8512% | ~$550,446 | +68.1% |
| 2030 | ~$38,873,461 | ~$32,708,088 | ~1.8024% | ~$589,521 | +91.4% |
In 2025, this property's market value of $20,309,149 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 14× 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 | $20,309,149 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $20,307,610 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,981,527 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,981,981 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $12,969,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.