310 E 3 ST TX 78701
| Owner | 301 PARTNERS LTD |
|---|---|
| Parcel ID | 0205021602 |
| Short ID | 192870 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 3,680 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1955 |
| Legal | LOT 6 BLOCK 032 ORIGINAL CITY |
| Neighborhood | 96ALL |
| Land | $5,511,168 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,511,168 |
| Improvement | $466,468 |
|---|---|
| Total Improvement | $466,468 |
| Market | $5,977,636 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,977,636 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,977,636 |
| Taxable Value | $5,977,636 |
|---|
Appreciation: Market value has risen +76.1% from $3,394,588 (2021) to $5,977,636 (2025), a CAGR of 15.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 outpaced 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 $122,331. 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 92% of market value ($5,511,168 land vs $466,468 improvements), about $936/SF of land. With value concentrated in the land under a ~71-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 $5,977,636, 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 +15.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,125,718 by 2030, with an estimated annual tax burden around $181,349. 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 | 3,680 SF | ✓ |
Market value changed by 94% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $50,206.15 | $50,206.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,435.88 | $28,435.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,395.30 | $20,395.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,404.54 | $6,404.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,611.02 | $5,611.02 | Paid |
| P2U | — | — | — | — | — | — | $4,557.03 | $4,557.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $115,609.92 | $115,609.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,624,616 | $5,977,636 | -5.9% |
| Assessed Value | $5,624,616 | $5,977,636 | -5.9% |
| Land Value | $7,065,600 | $5,511,168 | +28.2% |
| Improvement Value | — | $466,468 | — |
| Taxable Value | $5,624,616 | $5,977,636 | -5.9% |
| Total Tax 2026 = estimate |
~$115,107
Estimated
|
~$115,610
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,562,814 | $5,624,616 | -1,938,198 (-25.6%) |
| Taxable Value | $7,562,814 | $5,624,616 | -1,938,198 (-25.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,624,616 | $7,065,600 | — | — | $5,624,616 | $5,624,616 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,977,636 | $5,511,168 | $466,468 | — | $5,977,636 | $5,977,636 | ~$115,610 | Partial |
| 2024 | $6,596,226 | — | — | −$696,226 | $5,900,000 | $— | $121,922 | Verified |
| 2023 | $3,402,178 | — | — | — | $6,123,520 ! | $— | $124,981 | Verified |
| 2022 | $3,402,178 | — | — | −$340,418 | $3,061,760 | $— | $70,093 | Verified |
| 2021 | $3,394,588 | — | — | −$332,828 | $3,061,760 | $— | $76,957 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.5% | +26.5% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | -10.6% | -10.6% | ~100% | 2.0700% | Verified |
| 2023 | +93.9% ! | +93.9% | ~100% | 1.8900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +75.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.9% | +15.8% | +16.6% | +93.9% | 2024 | -9.4% | 2025 |
| Assessment Ratio | 100.0% | 108.3% | — | 180.0% | 2023 | 89.4% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$115,610 | $101,912 | ~$155,970 | $124,981 | 2023 | $70,093 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,885,969 | ~$6,575,400 | ~2.0139% | ~$132,424 | +15.2% |
| 2027 | ~$7,932,328 | ~$7,232,940 | ~1.9814% | ~$143,313 | +32.7% |
| 2028 | ~$9,137,687 | ~$7,956,234 | ~1.9488% | ~$155,054 | +52.9% |
| 2029 | ~$10,526,206 | ~$8,751,857 | ~1.9163% | ~$167,711 | +76.1% |
| 2030 | ~$12,125,718 | ~$9,627,043 | ~1.8837% | ~$181,349 | +102.9% |
| 2026 | ~$6,766,416 | ~$6,575,400 | ~2.0465% | ~$134,565 | +13.2% |
| 2027 | ~$7,659,280 | ~$7,232,940 | ~2.0465% | ~$148,021 | +28.1% |
| 2028 | ~$8,669,962 | ~$7,956,234 | ~2.0465% | ~$162,823 | +45.0% |
| 2029 | ~$9,814,009 | ~$8,751,857 | ~2.0465% | ~$179,105 | +64.2% |
| 2030 | ~$11,109,019 | ~$9,627,043 | ~2.0465% | ~$197,016 | +85.8% |
| 2026 | ~$7,005,522 | ~$6,575,400 | ~1.9977% | ~$131,354 | +17.2% |
| 2027 | ~$8,210,158 | ~$7,232,940 | ~1.9488% | ~$140,958 | +37.3% |
| 2028 | ~$9,621,937 | ~$7,956,234 | ~1.9000% | ~$151,170 | +61.0% |
| 2029 | ~$11,276,480 | ~$8,751,857 | ~1.8512% | ~$162,014 | +88.6% |
| 2030 | ~$13,215,529 | ~$9,627,043 | ~1.8024% | ~$173,515 | +121.1% |
In 2025, this property's market value of $5,977,636 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 | $5,977,636 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,596,226 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,402,178 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,402,178 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,394,588 | $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.