501 S CONGRESS AVE TX 78704
| Owner | JOHNSTON DEAN INC |
|---|---|
| Parcel ID | 0201010202 |
| Short ID | 187775 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 6,229 SF |
| Land SF | 39,125 SF |
| Acres | 0.898 |
| Year Built | 1979 |
| Legal | IMPS ONLY ABS 8 SUR 20 DECKER I ACR .8982 |
| Neighborhood | 58SCN |
| Land | $8,998,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,998,750 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $9,824,676 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,824,676 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,824,676 |
| Taxable Value | $9,824,676 |
|---|
Appreciation: Market value has risen +54.3% from $6,365,825 (2021) to $9,824,676 (2025), a CAGR of 11.5% over 4 years. This is strong appreciation — well above typical inflation. 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 $201,061. 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 92% of market value ($8,998,750 land vs $0 improvements), about $230/SF of land. With value concentrated in the land under a ~47-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 $9,824,676, 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 +11.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,900,426 by 2030, with an estimated annual tax burden around $298,060. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 31,600 SF | ✗ |
| 1ST | 1st Floor | 6,229 SF | ✓ |
| 503 | CANOPY - BANK | 1,555 SF | ✗ |
| 501 | CANOPY | 374 SF | ✗ |
| 611 | TERRACE | 212 SF | ✗ |
| 581C | STORAGE ATT COMM | 136 SF | ✓ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 187775 | DJ INTERESTS LTD | 501 CONGRESS AVE 78704 | $8,998,751 | $8,998,751 | $8,998,751 |
| 359087 | JOHNSTON DEAN INC | 501 CONGRESS AVE 78704 | $1,244,228 | $991,111 | $991,111 |
Market value changed by 89% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $90,897.91 | $90,897.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $51,482.97 | $51,482.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,925.55 | $36,925.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,595.37 | $11,595.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,158.72 | $10,158.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $201,060.52 | $201,060.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,242,979 | $9,824,676 | +4.3% |
| Assessed Value | $9,989,862 | $9,824,676 | +1.7% |
| Land Value | $8,998,750 | $8,998,750 | +0.0% |
| Improvement Value | $1 | — | — |
| Taxable Value | $9,989,862 | $9,824,676 | +1.7% |
| HS Cap Loss | -$253,117 | — | |
| Total Tax 2026 = estimate |
~$204,441
Estimated
|
~$201,061
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,281,459 | $10,242,979 | -38,480 (-0.4%) |
| Taxable Value | $9,989,861 | $9,989,862 | +1 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,242,979 | $8,998,750 | $1 | −$253,117 | $9,989,862 | $9,989,862 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,824,676 | $8,998,750 | — | — | $9,824,676 | $9,824,676 | ~$201,061 | Partial |
| 2024 | $655,000 | — | — | — | $8,998,750 ! | $— | $193,743 | Verified |
| 2023 | $655,491 | — | — | — | $8,998,750 ! | $— | $174,660 | Verified |
| 2022 | $544,600 | — | — | — | $5,868,750 ! | $— | $128,849 | Verified |
| 2021 | $6,365,825 | — | — | −$497,075 | $5,868,750 | $— | $139,598 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +55.3% | +20.0% | 77.3% | Not available | Partial |
| 2025 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2024 | +18.7% | +18.7% | ~100% | 1.9800% | Verified |
| 2023 | -0.1% | -0.1% | ~100% | 1.8100% | Verified |
| 2022 | -88.8% ! | -88.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -85.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.3% | +266.6% | +10.5% | +1400.0% | 2025 | -91.4% | 2022 |
| Assessment Ratio | 97.5% | 685.7% | — | 1373.9% | 2024 | 92.2% | 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 |
$201,061 | $167,582 | ~$256,348 | $201,061 | 2025 | $128,849 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,950,504 | ~$10,807,144 | ~2.0139% | ~$217,649 | +11.5% |
| 2027 | ~$12,205,344 | ~$11,887,858 | ~1.9814% | ~$235,545 | +24.2% |
| 2028 | ~$13,603,977 | ~$13,076,644 | ~1.9488% | ~$254,843 | +38.5% |
| 2029 | ~$15,162,883 | ~$14,384,308 | ~1.9163% | ~$275,645 | +54.3% |
| 2030 | ~$16,900,426 | ~$15,822,739 | ~1.8837% | ~$298,060 | +72.0% |
| 2026 | ~$10,754,011 | ~$10,754,011 | ~2.0465% | ~$220,079 | +9.5% |
| 2027 | ~$11,771,253 | ~$11,771,253 | ~2.0465% | ~$240,897 | +19.8% |
| 2028 | ~$12,884,719 | ~$12,884,719 | ~2.0465% | ~$263,684 | +31.1% |
| 2029 | ~$14,103,509 | ~$14,103,509 | ~2.0465% | ~$288,626 | +43.6% |
| 2030 | ~$15,437,586 | ~$15,437,586 | ~2.0465% | ~$315,928 | +57.1% |
| 2026 | ~$11,146,998 | ~$10,807,144 | ~1.9977% | ~$215,890 | +13.5% |
| 2027 | ~$12,647,294 | ~$11,887,858 | ~1.9488% | ~$231,675 | +28.7% |
| 2028 | ~$14,349,517 | ~$13,076,644 | ~1.9000% | ~$248,458 | +46.1% |
| 2029 | ~$16,280,846 | ~$14,384,308 | ~1.8512% | ~$266,281 | +65.7% |
| 2030 | ~$18,472,116 | ~$15,822,739 | ~1.8024% | ~$285,184 | +88.0% |
In 2025, this property's market value of $9,824,676 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,824,676 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $655,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $655,491 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $544,600 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $6,365,825 | $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.