901 LAVACA ST TX 78701
| Owner | 816 CONGRESS INVESTMENT LLC |
|---|---|
| Parcel ID | 0208011701 |
| Short ID | 196878 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | 52,992 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 1998 |
| Legal | LOT 1-3 BLOCK 109 ORIGINAL CITY (TOTAL SQ FT 17664) |
| Neighborhood | 50CBD |
| Land | $8,266,752 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,266,752 |
| Improvement | $3,356,160 |
|---|---|
| Total Improvement | $3,356,160 |
| Market | $11,622,912 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,622,912 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,622,912 |
| Taxable Value | $11,622,912 |
|---|
Appreciation: Market value has risen +11.5% from $10,421,760 (2021) to $11,622,912 (2025), a CAGR of 2.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $237,861. Austin ISD is the largest single contributor, at 43.3% 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 71% of market value ($8,266,752 land vs $3,356,160 improvements), about $468/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 $11,622,912, 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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,320,861 by 2030, with an estimated annual tax burden around $250,931. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 123,648 SF | ✗ |
| ADDL | Additional Floor | 35,328 SF | ✓ |
| SO | Sketch Only | 35,328 SF | ✗ |
| 1ST | 1st Floor | 17,664 SF | ✓ |
| 2ND | 2nd Floor | 17,664 SF | ✓ |
| 3RD | 3rd Floor | 17,664 SF | ✓ |
| 4TH | 4th Floor | 17,664 SF | ✓ |
| 5TH | 5th Floor | 17,664 SF | ✓ |
| 276 | ELEVATOR COM PAS | 2 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% | $107,535.18 | $107,535.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60,906.03 | $60,906.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,684.13 | $43,684.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,717.71 | $13,717.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,018.09 | $12,018.09 | Paid |
| P2U | — | — | — | — | — | — | $10,288.69 | $10,288.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $248,149.83 | $248,149.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,313,600 | $11,622,912 | +74.8% |
| Assessed Value | $20,313,600 | $11,622,912 | +74.8% |
| Land Value | $16,957,440 | $8,266,752 | +105.1% |
| Improvement Value | $3,356,160 | $3,356,160 | +0.0% |
| Taxable Value | $20,313,600 | $11,622,912 | +74.8% |
| Total Tax 2026 = estimate |
~$415,715
Estimated
|
~$248,150
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,313,600 | $20,313,600 | +0 (+0.0%) |
| Taxable Value | $20,313,600 | $20,313,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,313,600 | $16,957,440 | $3,356,160 | — | $20,313,600 | $20,313,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,622,912 | $8,266,752 | $3,356,160 | — | $11,622,912 | $11,622,912 | ~$248,150 | Partial |
| 2024 | $10,421,760 | — | — | −$2,155,008 | $8,266,752 | $— | $240,633 | Verified |
| 2023 | $10,421,760 | — | — | −$3,356,160 | $7,065,600 | $— | $197,733 | Verified |
| 2022 | $10,421,760 | — | — | −$3,356,160 | $7,065,600 | $— | $215,743 | Verified |
| 2021 | $10,421,760 | — | — | −$3,356,160 | $7,065,600 | $— | $194,481 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +74.8% | +74.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +11.5% | +11.5% | ~100% | 2.0700% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.9000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 1.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +74.8% | +17.3% | -6.0% | +74.8% | 2026 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 80.5% | — | 100.0% | 2025 | 67.8% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$248,150 | $219,348 | ~$245,781 | $248,150 | 2025 | $194,481 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,944,237 | ~$11,944,237 | ~2.0139% | ~$240,549 | +2.8% |
| 2027 | ~$12,274,446 | ~$12,274,446 | ~1.9814% | ~$243,204 | +5.6% |
| 2028 | ~$12,613,783 | ~$12,613,783 | ~1.9488% | ~$245,822 | +8.5% |
| 2029 | ~$12,962,502 | ~$12,962,502 | ~1.9163% | ~$248,399 | +11.5% |
| 2030 | ~$13,320,861 | ~$13,320,861 | ~1.8837% | ~$250,931 | +14.6% |
| 2026 | ~$11,711,779 | ~$11,711,779 | ~2.0465% | ~$239,680 | +0.8% |
| 2027 | ~$11,801,325 | ~$11,801,325 | ~2.0465% | ~$241,512 | +1.5% |
| 2028 | ~$11,891,557 | ~$11,891,557 | ~2.0465% | ~$243,359 | +2.3% |
| 2029 | ~$11,982,478 | ~$11,982,478 | ~2.0465% | ~$245,220 | +3.1% |
| 2030 | ~$12,074,094 | ~$12,074,094 | ~2.0465% | ~$247,095 | +3.9% |
| 2026 | ~$12,176,695 | ~$12,176,695 | ~1.9977% | ~$243,249 | +4.8% |
| 2027 | ~$12,756,864 | ~$12,756,864 | ~1.9488% | ~$248,611 | +9.8% |
| 2028 | ~$13,364,676 | ~$13,364,676 | ~1.9000% | ~$253,931 | +15.0% |
| 2029 | ~$14,001,447 | ~$14,001,447 | ~1.8512% | ~$259,194 | +20.5% |
| 2030 | ~$14,668,558 | ~$14,668,558 | ~1.8024% | ~$264,382 | +26.2% |
In 2025, this property's market value of $11,622,912 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,622,912 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,421,760 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,421,760 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,421,760 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,421,760 | $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.