320 CONGRESS AVE TX 78701
| Owner | KARLIN 320 CONGRESS LLC |
|---|---|
| Parcel ID | 0205020105 |
| Short ID | 192788 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 15,004 SF |
| Land SF | 7,360 SF |
| Acres | 0.169 |
| Year Built | 1900 |
| Legal | LOT 6 BLOCK 029 ORIGINAL CITY (TOTAL SQ FT 7360) |
| Neighborhood | 52CBD |
| Land | $4,710,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,710,400 |
| Improvement | $344,191 |
|---|---|
| Total Improvement | $344,191 |
| Market | $5,054,591 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,054,591 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,054,591 |
| Taxable Value | $5,054,591 |
|---|
Appreciation: Market value has fallen -13.4% from $5,835,955 (2021) to $5,054,591 (2025), a CAGR of -3.5% 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 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 $103,441. Austin ISD is the largest single contributor, at 43.4% 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 93% of market value ($4,710,400 land vs $344,191 improvements), about $640/SF of land. With value concentrated in the land under a ~126-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 $5,054,591, 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 -3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,223,316 by 2030, with an estimated annual tax burden around $79,556. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 7,502 SF | ✓ |
| 2ND | 2nd Floor | 7,502 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% | $46,765.08 | $46,765.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,486.92 | $26,486.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,997.43 | $18,997.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,965.58 | $5,965.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,226.45 | $5,226.45 | Paid |
| P2U | — | — | — | — | — | — | $4,213.00 | $4,213.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $107,654.46 | $107,654.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,473,680 | $5,054,591 | +8.3% |
| Assessed Value | $5,473,680 | $5,054,591 | +8.3% |
| Land Value | $2,944,000 | $4,710,400 | -37.5% |
| Improvement Value | $2,529,680 | $344,191 | +635.0% |
| Taxable Value | $5,473,680 | $5,054,591 | +8.3% |
| Total Tax 2026 = estimate |
~$112,018
Estimated
|
~$107,654
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,473,680 | $5,473,680 | +0 (+0.0%) |
| Taxable Value | $5,473,680 | $5,473,680 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,473,680 | $2,944,000 | $2,529,680 | — | $5,473,680 | $5,473,680 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,054,591 | $4,710,400 | $344,191 | — | $5,054,591 | $5,054,591 | ~$107,654 | Partial |
| 2024 | $5,726,112 | — | — | −$1,015,712 | $4,710,400 | $— | $112,894 | Verified |
| 2023 | $5,680,410 | — | — | −$2,000,410 | $3,680,000 | $— | $108,434 | Verified |
| 2022 | $5,814,937 | — | — | −$2,134,937 | $3,680,000 | $— | $117,364 | Verified |
| 2021 | $5,835,955 | — | — | −$2,155,955 | $3,680,000 | $— | $131,887 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.3% | +8.3% | ~100% | Not available | Partial |
| 2025 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2024 | -4.6% | -4.6% | ~100% | 2.0700% | Verified |
| 2023 | +0.8% | +0.8% | ~100% | 1.8900% | Verified |
| 2022 | -2.3% | -2.3% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.3% | -1.1% | -5.0% | +8.3% | 2026 | -11.7% | 2025 |
| Assessment Ratio | 100.0% | 78.9% | — | 100.0% | 2025 | 63.1% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$107,654 | $115,647 | ~$88,659 | $131,887 | 2021 | $107,654 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,876,178 | ~$4,876,178 | ~2.0139% | ~$98,203 | -3.5% |
| 2027 | ~$4,704,062 | ~$4,704,062 | ~1.9814% | ~$93,206 | -6.9% |
| 2028 | ~$4,538,022 | ~$4,538,022 | ~1.9488% | ~$88,439 | -10.2% |
| 2029 | ~$4,377,842 | ~$4,377,842 | ~1.9163% | ~$83,892 | -13.4% |
| 2030 | ~$4,223,316 | ~$4,223,316 | ~1.8837% | ~$79,556 | -16.4% |
| 2026 | ~$4,801,861 | ~$4,801,861 | ~2.0465% | ~$98,269 | -5.0% |
| 2027 | ~$4,561,768 | ~$4,561,768 | ~2.0465% | ~$93,356 | -9.8% |
| 2028 | ~$4,333,680 | ~$4,333,680 | ~2.0465% | ~$88,688 | -14.3% |
| 2029 | ~$4,116,996 | ~$4,116,996 | ~2.0465% | ~$84,254 | -18.5% |
| 2030 | ~$3,911,146 | ~$3,911,146 | ~2.0465% | ~$80,041 | -22.6% |
| 2026 | ~$4,977,270 | ~$4,977,270 | ~1.9977% | ~$99,429 | -1.5% |
| 2027 | ~$4,901,131 | ~$4,901,131 | ~1.9488% | ~$95,515 | -3.0% |
| 2028 | ~$4,826,157 | ~$4,826,157 | ~1.9000% | ~$91,698 | -4.5% |
| 2029 | ~$4,752,331 | ~$4,752,331 | ~1.8512% | ~$87,975 | -6.0% |
| 2030 | ~$4,679,633 | ~$4,679,633 | ~1.8024% | ~$84,344 | -7.4% |
In 2025, this property's market value of $5,054,591 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 | $5,054,591 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,726,112 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,680,410 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,814,937 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,835,955 | $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.