504 CONGRESS AVE TX 78701
| Owner | 504 CONGRESS PROPERTIES LLC |
|---|---|
| Parcel ID | 0206030111 |
| Short ID | 194347 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,174 SF |
| Land SF | 3,422 SF |
| Acres | 0.079 |
| Year Built | 1854 |
| Legal | N22.83' OF S 25.83' OF LOT 2 LESS 2.08X111FT BLOCK 055 ORIGINAL CITY |
| Neighborhood | 53CBD |
| Land | $2,737,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,737,600 |
| Improvement | $1,249,598 |
|---|---|
| Total Improvement | $1,249,598 |
| Market | $3,987,198 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,987,198 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,987,198 |
| Exemptions (−) (HT) | −$1,309,199 |
|---|---|
| Taxable Value | $2,677,999 |
Appreciation: Market value has risen +9.0% from $3,659,410 (2021) to $3,987,198 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. 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 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 $54,805. Austin ISD is the largest single contributor, at 48.0% 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 ($2,737,600 land vs $1,249,598 improvements), about $800/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,987,198, 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 +2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,438,525 by 2030, with an estimated annual tax burden around $83,610. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,300 SF | ✓ |
| 2ND | 2nd Floor | 3,300 SF | ✓ |
| 3RD | 3rd Floor | 1,574 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $30,833.20 | $30,833.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,033.17 | $14,033.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,065.13 | $10,065.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,122.76 | $4,122.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,160.65 | $3,160.65 | Paid |
| P2U | — | — | — | — | — | — | $2,014.65 | $2,014.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $64,229.56 | $64,229.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,987,198 | $3,987,198 | +0.0% |
| Assessed Value | $3,987,198 | $3,987,198 | +0.0% |
| Land Value | $1,368,800 | $2,737,600 | -50.0% |
| Improvement Value | $2,618,398 | $1,249,598 | +109.5% |
| Taxable Value | $2,186,314 | $2,677,999 | -18.4% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$44,743
Estimated
|
~$64,230
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,286,168 | $3,987,198 | -298,970 (-7.0%) |
| Taxable Value | $2,485,284 | $2,186,314 | -298,970 (-12.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,987,198 | $1,368,800 | $2,618,398 | — | $3,987,198 | $2,186,314 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,987,198 | $2,737,600 | $1,249,598 | — | $3,987,198 | $2,677,999 | ~$64,230 | Partial |
| 2024 | $3,800,000 | — | — | −$1,062,400 | $2,737,600 | $— | $62,636 | Verified |
| 2023 | $3,250,000 | — | — | −$1,539,000 | $1,711,000 | $— | $51,043 | Verified |
| 2022 | $3,750,859 | — | — | −$2,039,859 | $1,711,000 | $— | $49,241 | Verified |
| 2021 | $3,659,410 | — | — | −$1,948,410 | $1,711,000 | $— | $61,138 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -19.8% | -19.8% | ~100% | 1.5700% | Verified |
| 2023 | +28.6% | +28.6% | ~100% | 1.0300% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.2700% | Verified |
| 2021 | base year | — | ~100% | 1.6700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.2% | +2.2% | +16.9% | 2024 | -13.4% | 2023 |
| Assessment Ratio | 100.0% | 69.5% | — | 100.0% | 2025 | 45.6% | 2022 |
| Effective Tax Rate (2025) | 1.6100% | 1.6100% | — | 1.6100% | 2025 | 1.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$64,230 | $57,658 | ~$82,846 | $64,230 | 2025 | $49,241 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,073,634 | ~$4,073,634 | ~2.0139% | ~$82,040 | +2.2% |
| 2027 | ~$4,161,943 | ~$4,161,943 | ~1.9814% | ~$82,464 | +4.4% |
| 2028 | ~$4,252,167 | ~$4,252,167 | ~1.9488% | ~$82,868 | +6.6% |
| 2029 | ~$4,344,347 | ~$4,344,347 | ~1.9163% | ~$83,250 | +9.0% |
| 2030 | ~$4,438,525 | ~$4,438,525 | ~1.8837% | ~$83,610 | +11.3% |
| 2026 | ~$3,993,890 | ~$3,993,890 | ~2.0465% | ~$81,734 | +0.2% |
| 2027 | ~$4,000,593 | ~$4,000,593 | ~2.0465% | ~$81,872 | +0.3% |
| 2028 | ~$4,007,307 | ~$4,007,307 | ~2.0465% | ~$82,009 | +0.5% |
| 2029 | ~$4,014,033 | ~$4,014,033 | ~2.0465% | ~$82,147 | +0.7% |
| 2030 | ~$4,020,770 | ~$4,020,770 | ~2.0465% | ~$82,284 | +0.8% |
| 2026 | ~$4,153,378 | ~$4,153,378 | ~1.9977% | ~$82,970 | +4.2% |
| 2027 | ~$4,326,484 | ~$4,326,484 | ~1.9488% | ~$84,316 | +8.5% |
| 2028 | ~$4,506,804 | ~$4,506,804 | ~1.9000% | ~$85,630 | +13.0% |
| 2029 | ~$4,694,640 | ~$4,694,640 | ~1.8512% | ~$86,907 | +17.7% |
| 2030 | ~$4,890,305 | ~$4,890,305 | ~1.8024% | ~$88,141 | +22.7% |
In 2025, this property's market value of $3,987,198 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +181% above 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 | $3,987,198 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,250,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,750,859 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,659,410 | $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.