319 COLORADO ST TX 78701
| Owner | COLORADO THIRD STREET LLC |
|---|---|
| Parcel ID | 0205020104 |
| Short ID | 192787 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 24,152 SF |
| Land SF | 14,723 SF |
| Acres | 0.338 |
| Year Built | 1920 |
| Legal | LOT 7-8 BLOCK 029 ORIGINAL CITY (TOTAL SQ FT 14720) |
| Neighborhood | 32CBD |
| Land | $9,422,899 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,422,899 |
| Improvement | $4,165,681 |
|---|---|
| Total Improvement | $4,165,681 |
| Market | $13,588,580 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,588,580 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,588,580 |
| Exemptions (−) (HT) | −$4,438,566 |
|---|---|
| Taxable Value | $9,150,014 |
Appreciation: Market value has fallen -6.3% from $14,508,000 (2021) to $13,588,580 (2025), a CAGR of -1.6% 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 $187,254. Austin ISD is the largest single contributor, at 47.7% 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 69% of market value ($9,422,899 land vs $4,165,681 improvements), about $640/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $13,588,580, 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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,520,805 by 2030, with an estimated annual tax burden around $235,860. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 12,905 SF | ✓ |
| UBSMT | Unfinished Basement | 10,956 SF | ✓ |
| 2ND | 2nd Floor | 7,521 SF | ✓ |
| FBSMT | Finished Basement | 3,726 SF | ✓ |
| 611 | TERRACE | 2,911 SF | ✗ |
| 501 | CANOPY | 2,452 SF | ✗ |
| 327 | STORAGE COMM'L | 1,424 SF | ✓ |
| 511 | DECK | 1,222 SF | ✗ |
| MEZZ | Mezzanine | 668 SF | ✓ |
| 407 | LOADING DOCK | 512 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% | $105,188.75 | $105,188.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,947.63 | $47,947.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $34,389.87 | $34,389.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,050.59 | $14,050.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,799.12 | $10,799.12 | Paid |
| P2U | — | — | — | — | — | — | $8,001.26 | $8,001.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $220,377.22 | $220,377.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,335,540 | $13,588,580 | -9.2% |
| Assessed Value | $12,335,540 | $13,588,580 | -9.2% |
| Land Value | $17,667,936 | $9,422,899 | +87.5% |
| Improvement Value | — | $4,165,681 | — |
| Taxable Value | $8,800,670 | $9,150,014 | -3.8% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$180,104
Estimated
|
~$220,377
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,139,481 | $12,335,540 | -1,803,941 (-12.8%) |
| Taxable Value | $10,604,611 | $8,800,670 | -1,803,941 (-17.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,335,540 | $17,667,936 | — | — | $12,335,540 | $8,800,670 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,588,580 | $9,422,899 | $4,165,681 | — | $13,588,580 | $9,150,014 | ~$220,377 | Partial |
| 2024 | $12,702,905 | — | — | −$3,280,006 | $9,422,899 | $— | $197,068 | Verified |
| 2023 | $12,696,673 | — | — | −$6,807,361 | $5,889,312 | $— | $174,105 | Verified |
| 2022 | $12,746,800 | — | — | −$6,857,488 | $5,889,312 | $— | $190,883 | Verified |
| 2021 | $14,508,000 | — | — | −$8,620,000 | $5,888,000 | $— | $179,848 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.1% | +4.1% | ~100% | Not available | Partial |
| 2025 | +11.0% | +11.0% | ~100% | Not available | Partial |
| 2024 | -3.6% | -3.6% | ~100% | 1.6100% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.3700% | Verified |
| 2022 | -0.4% | -0.4% | ~100% | 1.5000% | Verified |
| 2021 | base year | — | ~100% | 1.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.2% | -2.9% | +0.4% | +7.0% | 2025 | -12.1% | 2022 |
| Assessment Ratio | 100.0% | 67.9% | — | 100.0% | 2025 | 40.6% | 2021 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$220,377 | $192,456 | ~$252,336 | $220,377 | 2025 | $174,105 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,367,978 | ~$13,367,978 | ~2.0139% | ~$269,223 | -1.6% |
| 2027 | ~$13,150,956 | ~$13,150,956 | ~1.9814% | ~$260,571 | -3.2% |
| 2028 | ~$12,937,459 | ~$12,937,459 | ~1.9488% | ~$252,130 | -4.8% |
| 2029 | ~$12,727,427 | ~$12,727,427 | ~1.9163% | ~$243,895 | -6.3% |
| 2030 | ~$12,520,805 | ~$12,520,805 | ~1.8837% | ~$235,860 | -7.9% |
| 2026 | ~$13,096,206 | ~$13,096,206 | ~2.0465% | ~$268,012 | -3.6% |
| 2027 | ~$12,621,673 | ~$12,621,673 | ~2.0465% | ~$258,301 | -7.1% |
| 2028 | ~$12,164,334 | ~$12,164,334 | ~2.0465% | ~$248,941 | -10.5% |
| 2029 | ~$11,723,567 | ~$11,723,567 | ~2.0465% | ~$239,921 | -13.7% |
| 2030 | ~$11,298,770 | ~$11,298,770 | ~2.0465% | ~$231,228 | -16.9% |
| 2026 | ~$13,639,749 | ~$13,639,749 | ~1.9977% | ~$272,476 | +0.4% |
| 2027 | ~$13,691,111 | ~$13,691,111 | ~1.9488% | ~$266,818 | +0.8% |
| 2028 | ~$13,742,666 | ~$13,742,666 | ~1.9000% | ~$261,113 | +1.1% |
| 2029 | ~$13,794,416 | ~$13,794,416 | ~1.8512% | ~$255,361 | +1.5% |
| 2030 | ~$13,846,360 | ~$13,846,360 | ~1.8024% | ~$249,563 | +1.9% |
In 2025, this property's market value of $13,588,580 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $13,588,580 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,702,905 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,696,673 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,746,800 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,508,000 | $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.