327 CONGRESS AVE TX 78701
| Owner | HANYANGENG USA INC |
|---|---|
| Parcel ID | 0205020607 |
| Short ID | 192823 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 13,331 SF |
| Land SF | 7,360 SF |
| Acres | 0.169 |
| Year Built | 1984 |
| Legal | LOT 6 BLOCK 030 ORIGINAL CITY (TOTAL SQ FT 7360) |
| Neighborhood | 51CBD |
| Land | $5,888,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,888,000 |
| Improvement | $2,057,188 |
|---|---|
| Total Improvement | $2,057,188 |
| Market | $7,945,188 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,945,188 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,945,188 |
| Taxable Value | $7,945,188 |
|---|
Appreciation: Market value has fallen -42.8% from $13,893,379 (2021) to $7,945,188 (2025), a CAGR of -13.0% 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 $162,597. 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 74% of market value ($5,888,000 land vs $2,057,188 improvements), about $800/SF of land. With value concentrated in the land under a ~42-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 $7,945,188, 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 -13.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,951,159 by 2030, with an estimated annual tax burden around $74,430. 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 |
|---|---|---|---|
| 3RD | 3rd Floor | 6,859 SF | ✓ |
| 4TH | 4th Floor | 6,859 SF | ✓ |
| 5TH | 5th Floor | 6,859 SF | ✓ |
| ADDL | Additional Floor | 6,859 SF | ✓ |
| 2ND | 2nd Floor | 6,472 SF | ✓ |
| LOBBY | Lobby | 6,448 SF | ✓ |
| 501 | CANOPY | 1,257 SF | ✗ |
| 335 | PENTHOUSE | 1,209 SF | ✓ |
| SO | Sketch Only | 252 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% | $73,508.88 | $73,508.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,634.14 | $41,634.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,861.59 | $29,861.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,377.15 | $9,377.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,215.32 | $8,215.32 | Paid |
| P2U | — | — | — | — | — | — | $6,886.80 | $6,886.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $169,483.88 | $169,483.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,100,000 | $7,945,188 | +27.1% |
| Assessed Value | $10,100,000 | $7,945,188 | +27.1% |
| Land Value | $8,832,000 | $5,888,000 | +50.0% |
| Improvement Value | $1,268,000 | $2,057,188 | -38.4% |
| Taxable Value | $10,100,000 | $7,945,188 | +27.1% |
| Total Tax 2026 = estimate |
~$206,695
Estimated
|
~$169,484
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,100,000 | $10,100,000 | +0 (+0.0%) |
| Taxable Value | $10,100,000 | $10,100,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,100,000 | $8,832,000 | $1,268,000 | — | $10,100,000 | $10,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,945,188 | $5,888,000 | $2,057,188 | — | $7,945,188 | $7,945,188 | ~$169,484 | Partial |
| 2024 | $13,615,613 | — | — | −$7,727,613 | $5,888,000 | $— | $208,835 | Verified |
| 2023 | $13,815,719 | — | — | −$10,135,719 | $3,680,000 | $— | $258,472 | Verified |
| 2022 | $13,815,719 | — | — | −$10,135,719 | $3,680,000 | $— | $287,418 | Verified |
| 2021 | $13,893,379 | — | — | −$10,213,379 | $3,680,000 | $— | $314,040 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.1% | +27.1% | ~100% | Not available | Partial |
| 2025 | -21.3% | -21.3% | ~100% | Not available | Partial |
| 2024 | -25.9% | -25.9% | ~100% | 2.0700% | Verified |
| 2023 | -9.7% | -9.7% | ~100% | 1.9000% | Verified |
| 2022 | +9.2% | +9.2% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -42.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +27.1% | -3.3% | -16.7% | +27.1% | 2026 | -41.6% | 2025 |
| Assessment Ratio | 100.0% | 53.8% | — | 100.0% | 2025 | 26.5% | 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 |
$169,484 | $247,650 | ~$104,304 | $314,040 | 2021 | $169,484 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,909,208 | ~$6,909,208 | ~2.0139% | ~$139,147 | -13.0% |
| 2027 | ~$6,008,310 | ~$6,008,310 | ~1.9814% | ~$119,048 | -24.4% |
| 2028 | ~$5,224,881 | ~$5,224,881 | ~1.9488% | ~$101,825 | -34.2% |
| 2029 | ~$4,543,604 | ~$4,543,604 | ~1.9163% | ~$87,069 | -42.8% |
| 2030 | ~$3,951,159 | ~$3,951,159 | ~1.8837% | ~$74,430 | -50.3% |
| 2026 | ~$7,547,929 | ~$7,547,929 | ~2.0465% | ~$154,467 | -5.0% |
| 2027 | ~$7,170,532 | ~$7,170,532 | ~2.0465% | ~$146,744 | -9.8% |
| 2028 | ~$6,812,006 | ~$6,812,006 | ~2.0465% | ~$139,407 | -14.3% |
| 2029 | ~$6,471,405 | ~$6,471,405 | ~2.0465% | ~$132,436 | -18.5% |
| 2030 | ~$6,147,835 | ~$6,147,835 | ~2.0465% | ~$125,815 | -22.6% |
| 2026 | ~$7,068,112 | ~$7,068,112 | ~1.9977% | ~$141,197 | -11.0% |
| 2027 | ~$6,287,856 | ~$6,287,856 | ~1.9488% | ~$122,540 | -20.9% |
| 2028 | ~$5,593,734 | ~$5,593,734 | ~1.9000% | ~$106,282 | -29.6% |
| 2029 | ~$4,976,237 | ~$4,976,237 | ~1.8512% | ~$92,120 | -37.4% |
| 2030 | ~$4,426,906 | ~$4,426,906 | ~1.8024% | ~$79,789 | -44.3% |
In 2025, this property's market value of $7,945,188 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $7,945,188 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,615,613 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $13,815,719 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,815,719 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,893,379 | $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.