722 CONGRESS AVE TX 78701
| Owner | LINDSAY LUCY MONTGOMERY |
|---|---|
| Parcel ID | 0206030317 |
| Short ID | 194371 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,178 SF |
| Land SF | 4,800 SF |
| Acres | 0.110 |
| Year Built | 1935 |
| Legal | E 80 FT OF N 30 FT OF LOT 6 BLOCK 083 ORIGINAL CITY |
| Neighborhood | 20CBD |
| Land | $3,120,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,120,000 |
| Improvement | $413,025 |
|---|---|
| Total Improvement | $413,025 |
| Market | $3,533,025 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,533,025 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,533,025 |
| Exemptions (−) (HT) | −$986,513 |
|---|---|
| Taxable Value | $2,546,512 |
Appreciation: Market value has risen +31.6% from $2,685,272 (2021) to $3,533,025 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. 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 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 $52,114. Austin ISD is the largest single contributor, at 47.6% 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 88% of market value ($3,120,000 land vs $413,025 improvements), about $650/SF of land. With value concentrated in the land under a ~91-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 $3,533,025, 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 +7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,978,457 by 2030, with an estimated annual tax burden around $93,781. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,178 SF | ✓ |
| 501 | CANOPY | 387 SF | ✗ |
| 611 | TERRACE | 387 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 194371 | LINDSAY LUCY MONTGOMERY | 722 CONGRESS AVE 78701 | $1,917,748 | $1,917,748 | $1,198,874 |
| 194372 | LINDSAY LUCY MONTGOMERY | 722 CONGRESS AVE 78701 | $1,234,179 | $1,234,179 | $917,089 |
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% | $28,123.93 | $28,123.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,344.15 | $13,344.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,570.94 | $9,570.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,653.15 | $3,653.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,005.47 | $3,005.47 | Paid |
| P2U | — | — | — | — | — | — | $1,430.53 | $1,430.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59,128.17 | $59,128.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,151,927 | $3,533,025 | -10.8% |
| Assessed Value | $3,151,927 | $3,533,025 | -10.8% |
| Land Value | $2,160,000 | $3,120,000 | -30.8% |
| Improvement Value | $991,927 | $413,025 | +140.2% |
| Taxable Value | $2,115,963 | $2,546,512 | -16.9% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$43,303
Estimated
|
~$59,128
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,151,927 | $3,151,927 | +0 (+0.0%) |
| Taxable Value | $2,834,837 | $2,115,963 | -718,874 (-25.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,151,927 | $2,160,000 | $991,927 | — | $3,151,927 | $2,115,963 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,533,025 | $3,120,000 | $413,025 | — | $3,533,025 | $2,546,512 | ~$59,128 | Partial |
| 2024 | $3,707,295 | — | — | −$587,295 | $3,120,000 | $— | $65,293 | Verified |
| 2023 | $3,280,651 | — | — | −$880,651 | $2,400,000 | $— | $52,272 | Verified |
| 2022 | $3,207,001 | — | — | −$807,001 | $2,400,000 | $— | $51,696 | Verified |
| 2021 | $2,685,272 | — | — | −$285,272 | $2,400,000 | $— | $55,545 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.7500% | Verified |
| 2023 | -1.1% | -1.1% | ~100% | 1.4100% | Verified |
| 2022 | -34.8% | -34.8% | ~100% | 1.5800% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -37.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.8% | +3.8% | +9.7% | +19.4% | 2022 | -10.8% | 2026 |
| Assessment Ratio | 100.0% | 86.9% | — | 100.0% | 2025 | 73.2% | 2023 |
| Effective Tax Rate (2025) | 1.7000% | 1.7000% | — | 1.7000% | 2025 | 1.7000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,128 | $56,787 | ~$84,789 | $65,293 | 2024 | $51,696 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,783,871 | ~$3,783,871 | ~2.0139% | ~$76,205 | +7.1% |
| 2027 | ~$4,052,527 | ~$4,052,527 | ~1.9814% | ~$80,296 | +14.7% |
| 2028 | ~$4,340,258 | ~$4,340,258 | ~1.9488% | ~$84,585 | +22.8% |
| 2029 | ~$4,648,418 | ~$4,648,418 | ~1.9163% | ~$89,077 | +31.6% |
| 2030 | ~$4,978,457 | ~$4,978,457 | ~1.8837% | ~$93,781 | +40.9% |
| 2026 | ~$3,713,210 | ~$3,713,210 | ~2.0465% | ~$75,990 | +5.1% |
| 2027 | ~$3,902,585 | ~$3,902,585 | ~2.0465% | ~$79,866 | +10.5% |
| 2028 | ~$4,101,619 | ~$4,101,619 | ~2.0465% | ~$83,939 | +16.1% |
| 2029 | ~$4,310,803 | ~$4,310,803 | ~2.0465% | ~$88,220 | +22.0% |
| 2030 | ~$4,530,655 | ~$4,530,655 | ~2.0465% | ~$92,719 | +28.2% |
| 2026 | ~$3,854,531 | ~$3,854,531 | ~1.9977% | ~$77,001 | +9.1% |
| 2027 | ~$4,205,295 | ~$4,205,295 | ~1.9488% | ~$81,954 | +19.0% |
| 2028 | ~$4,587,978 | ~$4,587,978 | ~1.9000% | ~$87,172 | +29.9% |
| 2029 | ~$5,005,486 | ~$5,005,486 | ~1.8512% | ~$92,661 | +41.7% |
| 2030 | ~$5,460,987 | ~$5,460,987 | ~1.8024% | ~$98,427 | +54.6% |
In 2025, this property's market value of $3,533,025 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +149% 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 | $3,533,025 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,707,295 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,280,651 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,207,001 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,685,272 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.