303 COLORADO ST TX 78701
| Owner | S/H AUSTIN PARTNERSHIP |
|---|---|
| Parcel ID | 0205020102 |
| Short ID | 192785 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 19,906 SF |
| Land SF | 40,480 SF |
| Acres | 0.929 |
| Year Built | 2014 |
| Legal | LOT 9-12, LOT 2 & N23FT OF LOT 1 BLOCK 029 ORIGINAL CITY |
| Neighborhood | 50CBD |
| Land | $42,099,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $42,099,200 |
| Improvement | $142,635,800 |
|---|---|
| Total Improvement | $142,635,800 |
| Market | $184,735,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $184,735,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $184,735,000 |
| Taxable Value | $184,735,000 |
|---|
Appreciation: Market value has fallen -26.6% from $251,806,800 (2021) to $184,735,000 (2025), a CAGR of -7.5% over 4 years. Growth has been relatively flat for this asset class. 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $3,780,574. Austin ISD is the largest single contributor, at 43.3% of the total 2025 levy.
Asset Class: Land / Vacant. 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 23% of market value ($42,099,200 land vs $142,635,800 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $184,735,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 -7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $125,429,979 by 2030, with an estimated annual tax burden around $2,362,778. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 377,375 SF | ✓ |
| 187 | PARKING GARAGE | 330,901 SF | ✓ |
| 1ST | 1st Floor | 19,906 SF | ✓ |
| 335 | PENTHOUSE | 3,840 SF | ✓ |
| 407 | LOADING DOCK | 3,671 SF | ✓ |
| 611 | TERRACE | 3,670 SF | ✗ |
| SO | Sketch Only | 2,976 SF | ✗ |
| 501 | CANOPY | 862 SF | ✗ |
| 327 | STORAGE COMM'L | 306 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% | $1,642,230.00 | $1,642,230.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $930,130.18 | $930,130.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $667,124.88 | $667,124.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $209,490.83 | $209,490.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $183,535.00 | $183,535.00 | Paid |
| P2U | — | — | — | — | — | — | $163,725.00 | $163,725.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,796,235.89 | $3,796,235.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $182,959,081 | $184,735,000 | -1.0% |
| Assessed Value | $182,959,081 | $184,735,000 | -1.0% |
| Land Value | $56,672,000 | $42,099,200 | +34.6% |
| Improvement Value | $126,287,081 | $142,635,800 | -11.5% |
| Taxable Value | $182,959,081 | $184,735,000 | -1.0% |
| Total Tax 2026 = estimate |
~$3,744,230
Estimated
|
~$3,796,236
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $182,959,081 | $182,959,081 | +0 (+0.0%) |
| Taxable Value | $182,959,081 | $182,959,081 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $182,959,081 | $56,672,000 | $126,287,081 | — | $182,959,081 | $182,959,081 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $184,735,000 | $42,099,200 | $142,635,800 | — | $184,735,000 | $184,735,000 | ~$3,796,236 | Partial |
| 2024 | $239,000,000 | — | — | −$219,861,703 | $19,138,297 | $— | $4,443,811 | Verified |
| 2023 | $253,000,000 | — | — | −$239,006,260 | $13,993,740 | $— | $4,556,933 | Verified |
| 2022 | $— | — | — | — | $13,993,740 | $— | $5,254,910 | Verified |
| 2021 | $251,806,800 | — | — | −$227,767,200 | $24,039,600 | $— | $5,694,133 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2025 | -15.7% | -15.7% | ~100% | Not available | Partial |
| 2024 | -12.8% | -12.8% | ~100% | 2.0300% | Verified |
| 2023 | -2.9% | -2.9% | ~100% | 1.8100% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 2.0300% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.0% | -7.2% | -7.3% | +0.5% | 2023 | -22.7% | 2025 |
| Assessment Ratio | 100.0% | 44.6% | — | 100.0% | 2025 | 5.5% | 2023 |
| Effective Tax Rate (2025) | 2.0600% | 2.0600% | — | 2.0600% | 2025 | 2.0600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,796,236 | $4,622,778 | ~$2,878,434 | $5,694,133 | 2021 | $3,796,236 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$170,969,884 | ~$170,969,884 | ~2.0139% | ~$3,443,225 | -7.5% |
| 2027 | ~$158,230,445 | ~$158,230,445 | ~1.9814% | ~$3,135,159 | -14.3% |
| 2028 | ~$146,440,257 | ~$146,440,257 | ~1.9488% | ~$2,853,886 | -20.7% |
| 2029 | ~$135,528,589 | ~$135,528,589 | ~1.9163% | ~$2,597,122 | -26.6% |
| 2030 | ~$125,429,979 | ~$125,429,979 | ~1.8837% | ~$2,362,778 | -32.1% |
| 2026 | ~$175,498,250 | ~$175,498,250 | ~2.0465% | ~$3,591,545 | -5.0% |
| 2027 | ~$166,723,338 | ~$166,723,338 | ~2.0465% | ~$3,411,968 | -9.7% |
| 2028 | ~$158,387,171 | ~$158,387,171 | ~2.0465% | ~$3,241,370 | -14.3% |
| 2029 | ~$150,467,812 | ~$150,467,812 | ~2.0465% | ~$3,079,301 | -18.5% |
| 2030 | ~$142,944,421 | ~$142,944,421 | ~2.0465% | ~$2,925,336 | -22.6% |
| 2026 | ~$174,664,584 | ~$174,664,584 | ~1.9977% | ~$3,489,208 | -5.5% |
| 2027 | ~$165,143,135 | ~$165,143,135 | ~1.9488% | ~$3,218,375 | -10.6% |
| 2028 | ~$156,140,726 | ~$156,140,726 | ~1.9000% | ~$2,966,700 | -15.5% |
| 2029 | ~$147,629,063 | ~$147,629,063 | ~1.8512% | ~$2,732,900 | -20.1% |
| 2030 | ~$139,581,394 | ~$139,581,394 | ~1.8024% | ~$2,515,775 | -24.4% |
In 2025, this property's market value of $184,735,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 2173× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $184,735,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $239,000,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $253,000,000 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $251,806,800 | $6,000 | $14,480 | $80,000 | ↑ 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.