914 CONGRESS AVE TX 78701
| Owner | DAEMMRICH ROBERT E & |
|---|---|
| Parcel ID | 0206030508 |
| Short ID | 194388 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,726 SF |
| Land SF | 3,680 SF |
| Acres | 0.084 |
| Year Built | 1915 |
| Legal | N 23FT OF LOT 4 BLOCK 110 ORIGINAL CITY |
| Neighborhood | 32CBD |
| Land | $2,944,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,944,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,481,850 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,481,850 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,481,850 |
| Taxable Value | $2,481,850 |
|---|
Appreciation: Market value has risen +16.0% from $2,140,000 (2021) to $2,481,850 (2025), a CAGR of 3.8% 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 $50,791. Austin ISD is the largest single contributor, at 43.6% 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 119% of market value ($2,944,000 land vs $0 improvements), about $800/SF of land. With value concentrated in the land under a ~111-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 $2,481,850, this parcel sits in the upper-middle (50th–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 +3.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,986,948 by 2030, with an estimated annual tax burden around $56,266. 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 | 1,863 SF | ✓ |
| 2ND | 2nd Floor | 1,863 SF | ✓ |
| 501 | CANOPY | 115 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% | $22,962.08 | $22,962.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,005.32 | $13,005.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,327.91 | $9,327.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,929.15 | $2,929.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,566.23 | $2,566.23 | Paid |
| P2U | — | — | — | — | — | — | $1,833.21 | $1,833.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,623.90 | $52,623.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,405,000 | $2,481,850 | -3.1% |
| Assessed Value | $2,405,000 | $2,481,850 | -3.1% |
| Land Value | $1,472,000 | $2,944,000 | -50.0% |
| Improvement Value | $933,000 | — | — |
| Taxable Value | $1,502,042 | $2,481,850 | -39.5% |
| Exemptions | HT | None | |
| Total Tax 2026 = estimate |
~$30,739
Estimated
|
~$52,624
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,541,916 | $2,405,000 | -136,916 (-5.4%) |
| Taxable Value | $1,638,958 | $1,502,042 | -136,916 (-8.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,405,000 | $1,472,000 | $933,000 | — | $2,405,000 | $1,502,042 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,481,850 | $2,944,000 | — | — | $2,481,850 | $2,481,850 | ~$52,624 | Partial |
| 2024 | $2,195,000 | — | — | — | $2,481,850 ! | $— | $41,726 | Verified |
| 2023 | $2,013,046 | — | — | −$173,046 | $1,840,000 | $— | $32,525 | Verified |
| 2022 | $1,968,596 | — | — | −$128,596 | $1,840,000 | $— | $33,192 | Verified |
| 2021 | $2,140,000 | — | — | −$300,000 | $1,840,000 | $— | $35,553 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +13.1% | +13.1% | ~100% | 1.6800% | Verified |
| 2023 | +9.0% | +9.0% | ~100% | 1.4800% | Verified |
| 2022 | +2.3% | +2.3% | ~100% | 1.6500% | Verified |
| 2021 | base year | — | ~100% | 1.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +2.7% | +4.4% | +13.1% | 2025 | -8.0% | 2022 |
| Assessment Ratio | 100.0% | 97.3% | — | 113.1% | 2024 | 86.0% | 2021 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$52,624 | $39,124 | ~$54,060 | $52,624 | 2025 | $32,525 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,575,526 | ~$2,575,526 | ~2.0139% | ~$51,869 | +3.8% |
| 2027 | ~$2,672,738 | ~$2,672,738 | ~1.9814% | ~$52,957 | +7.7% |
| 2028 | ~$2,773,619 | ~$2,773,619 | ~1.9488% | ~$54,053 | +11.8% |
| 2029 | ~$2,878,308 | ~$2,878,308 | ~1.9163% | ~$55,157 | +16.0% |
| 2030 | ~$2,986,948 | ~$2,986,948 | ~1.8837% | ~$56,266 | +20.4% |
| 2026 | ~$2,525,889 | ~$2,525,889 | ~2.0465% | ~$51,692 | +1.8% |
| 2027 | ~$2,570,710 | ~$2,570,710 | ~2.0465% | ~$52,609 | +3.6% |
| 2028 | ~$2,616,326 | ~$2,616,326 | ~2.0465% | ~$53,543 | +5.4% |
| 2029 | ~$2,662,751 | ~$2,662,751 | ~2.0465% | ~$54,493 | +7.3% |
| 2030 | ~$2,710,000 | ~$2,710,000 | ~2.0465% | ~$55,460 | +9.2% |
| 2026 | ~$2,625,163 | ~$2,625,163 | ~1.9977% | ~$52,442 | +5.8% |
| 2027 | ~$2,776,752 | ~$2,776,752 | ~1.9488% | ~$54,114 | +11.9% |
| 2028 | ~$2,937,094 | ~$2,937,094 | ~1.9000% | ~$55,805 | +18.3% |
| 2029 | ~$3,106,695 | ~$3,106,695 | ~1.8512% | ~$57,511 | +25.2% |
| 2030 | ~$3,286,090 | ~$3,286,090 | ~1.8024% | ~$59,228 | +32.4% |
In 2025, this property's market value of $2,481,850 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +75% 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 | $2,481,850 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,195,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,013,046 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,968,596 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,140,000 | $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.