306 BARTON SPRINGS RD TX 78704
| Owner | 306 & 312 BARTON SPRINGS LP |
|---|---|
| Parcel ID | 0203000215 |
| Short ID | 190733 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,828 SF |
| Land SF | 42,427 SF |
| Acres | 0.974 |
| Year Built | 1965 |
| Legal | LOT 1 T L SUBD NO 2 & .30 ACR OF LOT 2F SWISHER ADDN |
| Neighborhood | 31CEN |
| Land | $5,854,987 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,854,987 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $5,125,883 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,125,883 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,125,883 |
| Taxable Value | $5,125,883 |
|---|
Appreciation: Market value has risen +34.2% from $3,820,470 (2021) to $5,125,883 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. 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 $104,900. Austin ISD is the largest single contributor, at 43.4% 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 114% of market value ($5,854,987 land vs $0 improvements), about $138/SF of land. With value concentrated in the land under a ~61-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 $5,125,883, 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,401,735 by 2030, with an estimated annual tax burden around $139,430. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,136 SF | ✗ |
| 1ST | 1st Floor | 2,828 SF | ✓ |
| 501 | CANOPY | 1,057 SF | ✗ |
| 611 | TERRACE | 863 SF | ✗ |
| 511 | DECK | 194 SF | ✗ |
| 327 | STORAGE COMM'L | 50 SF | ✓ |
| 541 | FENCE COMM LF | 20 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $47,424.67 | $47,424.67 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,860.50 | $26,860.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,265.37 | $19,265.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,049.72 | $6,049.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,300.16 | $5,300.16 | Paid |
| P2U | — | — | — | — | — | — | $4,278.94 | $4,278.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $109,179.36 | $109,179.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,125,883 | $5,125,883 | +0.0% |
| Assessed Value | $5,125,883 | $5,125,883 | +0.0% |
| Land Value | $5,854,987 | $5,854,987 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $5,125,883 | $5,125,883 | +0.0% |
| Total Tax 2026 = estimate |
~$104,900
Estimated
|
~$109,179
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,125,883 | $5,125,883 | +0 (+0.0%) |
| Taxable Value | $5,125,883 | $5,125,883 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,125,883 | $5,854,987 | — | — | $5,125,883 | $5,125,883 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,125,883 | $5,854,987 | — | — | $5,125,883 | $5,125,883 | ~$109,179 | Partial |
| 2024 | $4,929,000 | — | — | — | $5,060,561 ! | $— | $104,509 | Verified |
| 2023 | $3,917,213 | — | — | — | $4,929,000 ! | $— | $93,275 | Verified |
| 2022 | $3,820,470 | — | — | −$2,000 | $3,818,470 | $— | $80,779 | Verified |
| 2021 | $3,820,470 | — | — | −$2,000 | $3,818,470 | $— | $83,159 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | +2.7% | +2.7% | ~100% | 2.0700% | Verified |
| 2023 | +25.8% | +25.8% | ~100% | 1.8900% | Verified |
| 2022 | +2.5% | +2.5% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.5% | +7.6% | +25.8% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 104.7% | — | 125.8% | 2023 | 99.9% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$109,179 | $94,180 | ~$124,900 | $109,179 | 2025 | $80,779 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,516,729 | ~$5,516,729 | ~2.0139% | ~$111,103 | +7.6% |
| 2027 | ~$5,937,377 | ~$5,937,377 | ~1.9814% | ~$117,642 | +15.8% |
| 2028 | ~$6,390,099 | ~$6,390,099 | ~1.9488% | ~$124,533 | +24.7% |
| 2029 | ~$6,877,341 | ~$6,877,341 | ~1.9163% | ~$131,790 | +34.2% |
| 2030 | ~$7,401,735 | ~$7,401,735 | ~1.8837% | ~$139,430 | +44.4% |
| 2026 | ~$5,414,211 | ~$5,414,211 | ~2.0465% | ~$110,801 | +5.6% |
| 2027 | ~$5,718,758 | ~$5,718,758 | ~2.0465% | ~$117,034 | +11.6% |
| 2028 | ~$6,040,436 | ~$6,040,436 | ~2.0465% | ~$123,617 | +17.8% |
| 2029 | ~$6,380,207 | ~$6,380,207 | ~2.0465% | ~$130,570 | +24.5% |
| 2030 | ~$6,739,091 | ~$6,739,091 | ~2.0465% | ~$137,914 | +31.5% |
| 2026 | ~$5,619,247 | ~$5,619,247 | ~1.9977% | ~$112,254 | +9.6% |
| 2027 | ~$6,160,097 | ~$6,160,097 | ~1.9488% | ~$120,050 | +20.2% |
| 2028 | ~$6,753,003 | ~$6,753,003 | ~1.9000% | ~$128,308 | +31.7% |
| 2029 | ~$7,402,976 | ~$7,402,976 | ~1.8512% | ~$137,043 | +44.4% |
| 2030 | ~$8,115,509 | ~$8,115,509 | ~1.8024% | ~$146,272 | +58.3% |
In 2025, this property's market value of $5,125,883 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,125,883 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,929,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,917,213 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,820,470 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,820,470 | $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.