317 W 3 ST TX
| Owner | RHP BLOCK 21 LLC |
|---|---|
| Parcel ID | 0205011409 |
| Short ID | 798582 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 787 SF |
| Land SF | 73 SF |
| Acres | 0.002 |
| Year Built | 2010 |
| Legal | UNT COMM UNIT 5 BLOCK 21 MASTER CONDOMINIUMS PLUS .096 % INT IN COM AREA |
| Neighborhood | 43CBD |
| Land | $16,531 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $16,531 |
| Improvement | $351,469 |
|---|---|
| Total Improvement | $351,469 |
| Market | $368,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $368,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $368,000 |
| Taxable Value | $368,000 |
|---|
Appreciation: Market value has fallen -5.1% from $387,617 (2021) to $368,000 (2025), a CAGR of -1.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged 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 $7,531. 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 4% of market value ($16,531 land vs $351,469 improvements), about $226/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $368,000, this parcel sits in the bottom quartile (<25th 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 -1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $344,869 by 2030, with an estimated annual tax burden around $6,496. 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 | 787 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% | $3,404.74 | $3,404.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,928.38 | $1,928.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,383.11 | $1,383.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $434.32 | $434.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $380.51 | $380.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,531.06 | $7,531.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $321,978 | $368,000 | -12.5% |
| Assessed Value | $321,978 | $368,000 | -12.5% |
| Land Value | $102,858 | $16,531 | +522.2% |
| Improvement Value | $219,120 | $351,469 | -37.7% |
| Taxable Value | $321,978 | $368,000 | -12.5% |
| Total Tax 2026 = estimate |
~$6,589
Estimated
|
~$7,531
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $376,871 | $321,978 | -54,893 (-14.6%) |
| Taxable Value | $376,871 | $321,978 | -54,893 (-14.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $321,978 | $102,858 | $219,120 | — | $321,978 | $321,978 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $368,000 | $16,531 | $351,469 | — | $368,000 | $368,000 | ~$7,531 | Partial |
| 2024 | $298,000 | — | — | −$281,469 | $16,531 | $— | $7,087 | Verified |
| 2023 | $324,395 | — | — | −$307,864 | $16,531 | $— | $5,392 | Verified |
| 2022 | $298,760 | — | — | −$282,229 | $16,531 | $— | $6,407 | Verified |
| 2021 | $387,617 | — | — | −$371,086 | $16,531 | $— | $6,503 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +2.9% | ~100% | Not available | Partial |
| 2024 | +23.5% | +20.0% | 97.2% | 1.9300% | Verified |
| 2023 | -8.1% | -8.1% | ~100% | 1.8100% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.5% | -2.3% | +1.5% | +23.5% | 2025 | -22.9% | 2022 |
| Assessment Ratio | 100.0% | 36.7% | — | 100.0% | 2025 | 4.3% | 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 |
$7,531 | $6,584 | ~$6,902 | $7,531 | 2025 | $5,392 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$363,253 | ~$363,253 | ~2.0139% | ~$7,316 | -1.3% |
| 2027 | ~$358,567 | ~$358,567 | ~1.9814% | ~$7,105 | -2.6% |
| 2028 | ~$353,942 | ~$353,942 | ~1.9488% | ~$6,898 | -3.8% |
| 2029 | ~$349,376 | ~$349,376 | ~1.9163% | ~$6,695 | -5.1% |
| 2030 | ~$344,869 | ~$344,869 | ~1.8837% | ~$6,496 | -6.3% |
| 2026 | ~$355,893 | ~$355,893 | ~2.0465% | ~$7,283 | -3.3% |
| 2027 | ~$344,184 | ~$344,184 | ~2.0465% | ~$7,044 | -6.5% |
| 2028 | ~$332,861 | ~$332,861 | ~2.0465% | ~$6,812 | -9.5% |
| 2029 | ~$321,909 | ~$321,909 | ~2.0465% | ~$6,588 | -12.5% |
| 2030 | ~$311,319 | ~$311,319 | ~2.0465% | ~$6,371 | -15.4% |
| 2026 | ~$370,613 | ~$370,613 | ~1.9977% | ~$7,404 | +0.7% |
| 2027 | ~$373,244 | ~$373,244 | ~1.9488% | ~$7,274 | +1.4% |
| 2028 | ~$375,894 | ~$375,894 | ~1.9000% | ~$7,142 | +2.1% |
| 2029 | ~$378,563 | ~$378,563 | ~1.8512% | ~$7,008 | +2.9% |
| 2030 | ~$381,251 | ~$381,251 | ~1.8024% | ~$6,872 | +3.6% |
In 2025, this property's market value of $368,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% below 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 | $368,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $298,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $324,395 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $298,760 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $387,617 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.