BRAZOS ST TX 78701
| Owner | G & I X 823 CONGRESS LP |
|---|---|
| Parcel ID | 0206031019 |
| Short ID | 194453 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 39,600 SF |
| Land SF | 13,270 SF |
| Acres | 0.305 |
| Year Built | 1967 |
| Legal | E 100FT OF LOT 10-12 LESS N 3.17 FT OF LOT 10 BLOCK 111 ORIGINAL CITY (TOTAL SQ FT 13270) |
| Neighborhood | 87004 |
| Land | $5,308,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,308,000 |
| Improvement | $2,564,200 |
|---|---|
| Total Improvement | $2,564,200 |
| Market | $7,872,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,872,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,872,200 |
| Taxable Value | $7,872,200 |
|---|
Appreciation: Market value has risen +55.7% from $5,056,792 (2021) to $7,872,200 (2025), a CAGR of 11.7% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $161,103. 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 67% of market value ($5,308,000 land vs $2,564,200 improvements), about $400/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $7,872,200, 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 +11.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,689,021 by 2030, with an estimated annual tax burden around $238,826. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 13,200 SF | ✓ |
| 2ND | 2nd Floor | 13,200 SF | ✓ |
| 3RD | 3rd Floor | 13,200 SF | ✓ |
| 4TH | 4th Floor | 13,200 SF | ✓ |
| 5TH | 5th Floor | 13,200 SF | ✓ |
| ADDL | Additional Floor | 13,200 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 291 | SPRINKLER SYS FV | 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% | $72,833.59 | $72,833.59 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,251.67 | $41,251.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,587.27 | $29,587.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,291.01 | $9,291.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,139.85 | $8,139.85 | Paid |
| P2U | — | — | — | — | — | — | $6,819.29 | $6,819.29 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $167,922.68 | $167,922.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,018,857 | $7,872,200 | +1.9% |
| Assessed Value | $8,018,857 | $7,872,200 | +1.9% |
| Land Value | $15,924,000 | $5,308,000 | +200.0% |
| Improvement Value | — | $2,564,200 | — |
| Taxable Value | $8,018,857 | $7,872,200 | +1.9% |
| Total Tax 2026 = estimate |
~$164,105
Estimated
|
~$167,923
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,018,857 | $8,018,857 | +0 (+0.0%) |
| Taxable Value | $8,018,857 | $8,018,857 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,018,857 | $15,924,000 | — | — | $8,018,857 | $8,018,857 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,872,200 | $5,308,000 | $2,564,200 | — | $7,872,200 | $7,872,200 | ~$167,923 | Partial |
| 2024 | $5,749,000 | — | — | −$441,000 | $5,308,000 | $— | $162,832 | Verified |
| 2023 | $5,749,000 | — | — | −$2,564,200 | $3,184,800 | $— | $108,869 | Verified |
| 2022 | $5,749,000 | — | — | −$2,564,200 | $3,184,800 | $— | $118,787 | Verified |
| 2021 | $5,056,792 | — | — | −$1,871,992 | $3,184,800 | $— | $130,386 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.9% | +1.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +36.9% | +36.9% | ~100% | 2.0700% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.9% | +10.5% | +11.3% | +36.9% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 77.7% | — | 100.0% | 2025 | 55.4% | 2022 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$167,923 | $137,759 | ~$205,404 | $167,923 | 2025 | $108,869 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,793,290 | ~$8,659,420 | ~2.0139% | ~$174,395 | +11.7% |
| 2027 | ~$9,822,152 | ~$9,525,362 | ~1.9814% | ~$188,734 | +24.8% |
| 2028 | ~$10,971,396 | ~$10,477,898 | ~1.9488% | ~$204,197 | +39.4% |
| 2029 | ~$12,255,108 | ~$11,525,688 | ~1.9163% | ~$220,866 | +55.7% |
| 2030 | ~$13,689,021 | ~$12,678,257 | ~1.8837% | ~$238,826 | +73.9% |
| 2026 | ~$8,635,846 | ~$8,635,846 | ~2.0465% | ~$176,731 | +9.7% |
| 2027 | ~$9,473,569 | ~$9,473,569 | ~2.0465% | ~$193,875 | +20.3% |
| 2028 | ~$10,392,556 | ~$10,392,556 | ~2.0465% | ~$212,682 | +32.0% |
| 2029 | ~$11,400,690 | ~$11,400,690 | ~2.0465% | ~$233,313 | +44.8% |
| 2030 | ~$12,506,617 | ~$12,506,617 | ~2.0465% | ~$255,946 | +58.9% |
| 2026 | ~$8,950,734 | ~$8,659,420 | ~1.9977% | ~$172,986 | +13.7% |
| 2027 | ~$10,177,032 | ~$9,525,362 | ~1.9488% | ~$185,634 | +29.3% |
| 2028 | ~$11,571,340 | ~$10,477,898 | ~1.9000% | ~$199,082 | +47.0% |
| 2029 | ~$13,156,676 | ~$11,525,688 | ~1.8512% | ~$213,363 | +67.1% |
| 2030 | ~$14,959,211 | ~$12,678,257 | ~1.8024% | ~$228,509 | +90.0% |
In 2025, this property's market value of $7,872,200 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $7,872,200 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,749,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,749,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,749,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,056,792 | $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.