313 S CONGRESS AVE TX 78704
| Owner | PEARSON FRANCES C & LINDA H PEARSON TRUST & |
|---|---|
| Parcel ID | 0203020104 |
| Short ID | 190745 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 7,315 SF |
| Land SF | 24,394 SF |
| Acres | 0.560 |
| Year Built | 1980 |
| Legal | .5675 AC OF LOT 4 CROCKETT MAE ESTATE SUBD |
| Neighborhood | 83CEN |
| Land | $5,610,620 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,610,620 |
| Improvement | $15,863 |
|---|---|
| Total Improvement | $15,863 |
| Market | $5,626,483 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,626,483 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,626,483 |
| Taxable Value | $5,626,483 |
|---|
Appreciation: Market value has risen +56.9% from $3,585,750 (2021) to $5,626,483 (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 $115,145. 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 100% of market value ($5,610,620 land vs $15,863 improvements), about $230/SF of land. With value concentrated in the land under a ~46-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 $5,626,483, 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 $9,881,168 by 2030, with an estimated annual tax burden around $170,695. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,000 SF | ✗ |
| 1ST | 1st Floor | 7,315 SF | ✓ |
| SO | Sketch Only | 1,648 SF | ✗ |
| 501 | CANOPY | 567 SF | ✗ |
| 611 | TERRACE | 355 SF | ✗ |
| 437 | FENCE MASON LF | 20 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% | $52,056.22 | $52,056.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,483.73 | $29,483.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,146.86 | $21,146.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,640.54 | $6,640.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,817.78 | $5,817.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $115,145.13 | $115,145.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,403,994 | $5,626,483 | +13.8% |
| Assessed Value | $6,403,994 | $5,626,483 | +13.8% |
| Land Value | $5,610,620 | $5,610,620 | +0.0% |
| Improvement Value | $793,374 | $15,863 | +4901.4% |
| Taxable Value | $6,403,994 | $5,626,483 | +13.8% |
| Total Tax 2026 = estimate |
~$131,057
Estimated
|
~$115,145
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,455,599 | $6,403,994 | -51,605 (-0.8%) |
| Taxable Value | $6,455,599 | $6,403,994 | -51,605 (-0.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,403,994 | $5,610,620 | $793,374 | — | $6,403,994 | $6,403,994 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,626,483 | $5,610,620 | $15,863 | — | $5,626,483 | $5,626,483 | ~$115,145 | Partial |
| 2024 | $5,904,793 | — | — | −$294,173 | $5,610,620 | $— | $114,909 | Verified |
| 2023 | $3,814,000 | — | — | — | $5,610,620 ! | $— | $106,832 | Verified |
| 2022 | $3,769,075 | — | — | −$109,975 | $3,659,100 | $— | $75,507 | Verified |
| 2021 | $3,585,750 | — | — | — | $3,659,100 ! | $— | $82,041 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.7% | +14.7% | ~100% | Not available | Partial |
| 2025 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2024 | -1.8% | -1.8% | ~100% | 1.9800% | Verified |
| 2023 | +47.6% | +47.6% | ~100% | 1.8100% | Verified |
| 2022 | +6.1% | +6.1% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.8% | +14.0% | +9.2% | +54.8% | 2024 | -4.7% | 2025 |
| Assessment Ratio | 100.0% | 106.9% | — | 147.1% | 2023 | 95.0% | 2024 |
| 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 |
$115,145 | $98,887 | ~$146,808 | $115,145 | 2025 | $75,507 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,297,255 | ~$6,189,131 | ~2.0139% | ~$124,645 | +11.9% |
| 2027 | ~$7,047,994 | ~$6,808,044 | ~1.9814% | ~$134,894 | +25.3% |
| 2028 | ~$7,888,234 | ~$7,488,849 | ~1.9488% | ~$145,946 | +40.2% |
| 2029 | ~$8,828,644 | ~$8,237,734 | ~1.9163% | ~$157,859 | +56.9% |
| 2030 | ~$9,881,168 | ~$9,061,507 | ~1.8837% | ~$170,695 | +75.6% |
| 2026 | ~$6,184,725 | ~$6,184,725 | ~2.0465% | ~$126,569 | +9.9% |
| 2027 | ~$6,798,354 | ~$6,798,354 | ~2.0465% | ~$139,127 | +20.8% |
| 2028 | ~$7,472,866 | ~$7,472,866 | ~2.0465% | ~$152,931 | +32.8% |
| 2029 | ~$8,214,300 | ~$8,214,300 | ~2.0465% | ~$168,104 | +46.0% |
| 2030 | ~$9,029,297 | ~$9,029,297 | ~2.0465% | ~$184,783 | +60.5% |
| 2026 | ~$6,409,784 | ~$6,189,131 | ~1.9977% | ~$123,638 | +13.9% |
| 2027 | ~$7,302,135 | ~$6,808,044 | ~1.9488% | ~$132,678 | +29.8% |
| 2028 | ~$8,318,715 | ~$7,488,849 | ~1.9000% | ~$142,289 | +47.8% |
| 2029 | ~$9,476,820 | ~$8,237,734 | ~1.8512% | ~$152,496 | +68.4% |
| 2030 | ~$10,796,154 | ~$9,061,507 | ~1.8024% | ~$163,322 | +91.9% |
In 2025, this property's market value of $5,626,483 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 | $5,626,483 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,904,793 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,814,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,769,075 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,585,750 | $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.