101 COLORADO ST TX 78701
| Owner | 100 CONGRESS OWNER LLC |
|---|---|
| Parcel ID | 0205011103 |
| Short ID | 731142 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 217,825 SF |
| Land SF | 11,058 SF |
| Acres | 0.254 |
| Year Built | 2008 |
| Legal | UNT UNDERGROUND GARAGE ALTAVIDA MASTER CONDOMINIUM AMENDED PLUS 25.0 % INT IN COM AREA |
| Neighborhood | 50CBD |
| Land | $11,500,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,500,320 |
| Improvement | $141,810 |
|---|---|
| Total Improvement | $141,810 |
| Market | $11,642,130 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,642,130 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,642,130 |
| Taxable Value | $11,642,130 |
|---|
Appreciation: Market value has risen +300.6% from $2,906,310 (2021) to $11,642,130 (2025), a CAGR of 41.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $238,254. Austin ISD is the largest single contributor, at 43.3% 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 99% of market value ($11,500,320 land vs $141,810 improvements), about $1,040/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $11,642,130, 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 +41.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $65,977,458 by 2030, with an estimated annual tax burden around $353,197. 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 | 217,825 SF | ✓ |
Market value changed by 165% in 2023, 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% | $107,077.41 | $107,077.41 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60,646.76 | $60,646.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,498.17 | $43,498.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,659.31 | $13,659.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,966.93 | $11,966.93 | Paid |
| P2U | — | — | — | — | — | — | $10,306.47 | $10,306.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $247,155.05 | $247,155.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,623,010 | $11,642,130 | +34.2% |
| Assessed Value | $15,623,010 | $11,642,130 | +34.2% |
| Land Value | $15,481,200 | $11,500,320 | +34.6% |
| Improvement Value | $141,810 | $141,810 | +0.0% |
| Taxable Value | $15,623,010 | $11,642,130 | +34.2% |
| Total Tax 2026 = estimate |
~$319,723
Estimated
|
~$247,155
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,623,010 | $15,623,010 | +0 (+0.0%) |
| Taxable Value | $15,623,010 | $15,623,010 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,623,010 | $15,481,200 | $141,810 | — | $15,623,010 | $15,623,010 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,642,130 | $11,500,320 | $141,810 | — | $11,642,130 | $11,642,130 | ~$247,155 | Partial |
| 2024 | $7,688,895 | — | — | — | $11,500,320 ! | $— | $215,371 | Verified |
| 2023 | $2,906,310 | — | — | — | $7,547,085 ! | $— | $145,761 | Verified |
| 2022 | $2,906,310 | — | — | −$141,810 | $2,764,500 | $— | $59,804 | Verified |
| 2021 | $2,906,310 | — | — | −$141,810 | $2,764,500 | $— | $65,667 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +34.2% | +34.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +51.4% | +51.4% | ~100% | 1.8500% | Verified |
| 2023 | +164.6% ! | +164.6% | ~100% | 1.9000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +300.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +34.2% | +50.0% | +34.3% | +164.6% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 133.2% | — | 259.7% | 2023 | 95.1% | 2021 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$247,155 | $146,752 | ~$303,770 | $247,155 | 2025 | $59,804 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,470,435 | ~$12,806,343 | ~2.0139% | ~$257,912 | +41.5% |
| 2027 | ~$23,301,168 | ~$14,086,977 | ~1.9814% | ~$279,118 | +100.1% |
| 2028 | ~$32,964,791 | ~$15,495,675 | ~1.9488% | ~$301,986 | +183.2% |
| 2029 | ~$46,636,178 | ~$17,045,243 | ~1.9163% | ~$326,636 | +300.6% |
| 2030 | ~$65,977,458 | ~$18,749,767 | ~1.8837% | ~$353,197 | +466.7% |
| 2026 | ~$16,237,592 | ~$12,806,343 | ~2.0465% | ~$262,080 | +39.5% |
| 2027 | ~$22,647,008 | ~$14,086,977 | ~2.0465% | ~$288,288 | +94.5% |
| 2028 | ~$31,586,392 | ~$15,495,675 | ~2.0465% | ~$317,117 | +171.3% |
| 2029 | ~$44,054,392 | ~$17,045,243 | ~2.0465% | ~$348,828 | +278.4% |
| 2030 | ~$61,443,849 | ~$18,749,767 | ~2.0465% | ~$383,711 | +427.8% |
| 2026 | ~$16,703,278 | ~$12,806,343 | ~1.9977% | ~$255,827 | +43.5% |
| 2027 | ~$23,964,643 | ~$14,086,977 | ~1.9488% | ~$274,533 | +105.8% |
| 2028 | ~$34,382,719 | ~$15,495,675 | ~1.9000% | ~$294,420 | +195.3% |
| 2029 | ~$49,329,813 | ~$17,045,243 | ~1.8512% | ~$315,541 | +323.7% |
| 2030 | ~$70,774,812 | ~$18,749,767 | ~1.8024% | ~$337,940 | +507.9% |
In 2025, this property's market value of $11,642,130 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,642,130 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,688,895 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,906,310 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,906,310 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,906,310 | $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.