915 CONGRESS AVE TX 78701
| Owner | ABBOTT CONGRESS AVENUE REAL |
|---|---|
| Parcel ID | 0206031007 |
| Short ID | 194446 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 3,680 SF |
| Acres | 0.084 |
| Year Built | — |
| Legal | N 23FT OF LOT 4 BLOCK 111 ORIGINAL CITY |
| Neighborhood | 50CBD |
| Land | $3,827,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,827,200 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,827,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,827,200 |
| Value Limitation Adjustment (−) (homestead cap) | −$210,496 |
| Net Appraised (assessed) | $3,616,704 |
| Taxable Value | $3,616,704 |
|---|
Appreciation: Market value has risen +52.4% from $2,511,600 (2021) to $3,827,200 (2025), a CAGR of 11.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $74,015. Austin ISD is the largest single contributor, at 43.5% of the total 2025 levy.
Assessment Gap: Assessed value ($3,616,704) is $210,496 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($3,827,200 land vs $0 improvements), about $1,040/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,827,200, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +11.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,479,545 by 2030, with an estimated annual tax burden around $122,058. 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.
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% | $30,994.20 | $30,994.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,554.57 | $17,554.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,590.81 | $12,590.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,953.77 | $3,953.77 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,463.90 | $3,463.90 | Paid |
| P2U | — | — | — | — | — | — | $2,636.25 | $2,636.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,193.50 | $71,193.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,472,000 | $3,827,200 | -61.5% |
| Assessed Value | $1,472,000 | $3,616,704 | -59.3% |
| Land Value | $1,472,000 | $3,827,200 | -61.5% |
| Improvement Value | — | — | — |
| Taxable Value | $1,472,000 | $3,616,704 | -59.3% |
| Total Tax 2026 = estimate |
~$30,124
Estimated
|
~$71,194
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,472,000 | $1,472,000 | +0 (+0.0%) |
| Taxable Value | $1,472,000 | $1,472,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,472,000 | $1,472,000 | — | — | $1,472,000 | $1,472,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,827,200 | $3,827,200 | — | −$210,496 | $3,616,704 | $3,616,704 | ~$71,194 | Partial |
| 2024 | $— | — | — | — | $3,827,200 | $— | $62,056 | Verified |
| 2023 | $— | — | — | — | $2,511,600 | $— | $47,302 | Verified |
| 2022 | $— | — | — | — | $2,511,600 | $— | $51,614 | Verified |
| 2021 | $2,511,600 | — | — | — | $2,511,600 | $— | $54,174 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -61.5% | -59.3% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 94.5% | Not available | Partial |
| 2024 | +52.4% | +20.0% | 78.8% | 1.6200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8800% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -61.5% | -4.6% | +46.7% | +52.4% | 2025 | -61.5% | 2026 |
| Assessment Ratio | 100.0% | 98.2% | — | 100.0% | 2021 | 94.5% | 2025 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$71,194 | $62,684 | ~$103,071 | $71,194 | 2025 | $54,174 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,252,201 | ~$4,252,201 | ~2.0139% | ~$85,637 | +11.1% |
| 2027 | ~$4,724,398 | ~$4,724,398 | ~1.9814% | ~$93,609 | +23.4% |
| 2028 | ~$5,249,031 | ~$5,249,031 | ~1.9488% | ~$102,295 | +37.2% |
| 2029 | ~$5,831,924 | ~$5,831,924 | ~1.9163% | ~$111,757 | +52.4% |
| 2030 | ~$6,479,545 | ~$6,479,545 | ~1.8837% | ~$122,058 | +69.3% |
| 2026 | ~$4,175,657 | ~$4,175,657 | ~2.0465% | ~$85,454 | +9.1% |
| 2027 | ~$4,555,841 | ~$4,555,841 | ~2.0465% | ~$93,235 | +19.0% |
| 2028 | ~$4,970,640 | ~$4,970,640 | ~2.0465% | ~$101,723 | +29.9% |
| 2029 | ~$5,423,204 | ~$5,423,204 | ~2.0465% | ~$110,985 | +41.7% |
| 2030 | ~$5,916,974 | ~$5,916,974 | ~2.0465% | ~$121,090 | +54.6% |
| 2026 | ~$4,328,745 | ~$4,328,745 | ~1.9977% | ~$86,474 | +13.1% |
| 2027 | ~$4,896,017 | ~$4,896,017 | ~1.9488% | ~$95,416 | +27.9% |
| 2028 | ~$5,537,629 | ~$5,537,629 | ~1.9000% | ~$105,216 | +44.7% |
| 2029 | ~$6,263,322 | ~$6,263,322 | ~1.8512% | ~$115,946 | +63.7% |
| 2030 | ~$7,084,115 | ~$7,084,115 | ~1.8024% | ~$127,682 | +85.1% |
In 2025, this property's market value of $3,827,200 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 45× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $3,827,200 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $2,511,600 | $6,000 | $14,480 | $80,000 | ↑ 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.