1000 BRAZOS ST TX 78701
| Owner | CONGRESS HOLDINGS LTD |
|---|---|
| Parcel ID | 0208030404 |
| Short ID | 197008 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 10,475 SF |
| Land SF | 6,401 SF |
| Acres | 0.147 |
| Year Built | 1950 |
| Legal | E50FT OF LOT 4-6 BLOCK 123 ORIGINAL CITY |
| Neighborhood | 52CBD |
| Land | $3,200,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,200,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,693,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,693,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,693,000 |
| Taxable Value | $1,693,000 |
|---|
Appreciation: Market value has risen +30.2% from $1,300,000 (2021) to $1,693,000 (2025), a CAGR of 6.8% over 4 years. This represents moderate, steady growth. 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 $34,647. Austin ISD is the largest single contributor, at 43.8% 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 189% of market value ($3,200,500 land vs $0 improvements), about $500/SF of land. With value concentrated in the land under a ~76-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 $1,693,000, 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 +6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,355,315 by 2030, with an estimated annual tax burden around $44,368. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,625 SF | ✓ |
| 2ND | 2nd Floor | 4,850 SF | ✓ |
| 551 | PAVED AREA | 531 SF | ✗ |
| 501 | CANOPY | 298 SF | ✗ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 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% | $15,663.64 | $15,663.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,871.61 | $8,871.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,363.06 | $6,363.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,998.13 | $1,998.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,750.56 | $1,750.56 | Paid |
| P2U | — | — | — | — | — | — | $1,103.53 | $1,103.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,750.53 | $35,750.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,871,562 | $1,693,000 | +10.5% |
| Assessed Value | $1,871,562 | $1,693,000 | +10.5% |
| Land Value | $5,120,800 | $3,200,500 | +60.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,871,562 | $1,693,000 | +10.5% |
| Total Tax 2026 = estimate |
~$38,301
Estimated
|
~$35,751
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,871,562 | $1,871,562 | +0 (+0.0%) |
| Taxable Value | $1,871,562 | $1,871,562 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,871,562 | $5,120,800 | — | — | $1,871,562 | $1,871,562 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,693,000 | $3,200,500 | — | — | $1,693,000 | $1,693,000 | ~$35,751 | Partial |
| 2024 | $1,350,000 | — | — | — | $1,693,000 ! | $— | $33,141 | Verified |
| 2023 | $1,350,000 | — | — | — | $1,619,453 ! | $— | $25,477 | Verified |
| 2022 | $1,300,000 | — | — | — | $1,490,428 ! | $— | $27,650 | Verified |
| 2021 | $1,300,000 | — | — | −$48,312 | $1,251,688 | $— | $29,097 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.5% | +10.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +4.5% | ~100% | Not available | Partial |
| 2024 | +4.5% | +0.0% | 95.7% | 1.9600% | Verified |
| 2023 | +8.7% | +8.7% | ~100% | 1.5700% | Verified |
| 2022 | +14.6% | +14.6% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.5% | +7.9% | +4.8% | +25.4% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 109.4% | — | 125.4% | 2024 | 96.3% | 2021 |
| Effective Tax Rate (2025) | 2.1100% | 2.1100% | — | 2.1100% | 2025 | 2.1100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$35,751 | $30,223 | ~$40,309 | $35,751 | 2025 | $25,477 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,808,570 | ~$1,808,570 | ~2.0139% | ~$36,423 | +6.8% |
| 2027 | ~$1,932,030 | ~$1,932,030 | ~1.9814% | ~$38,281 | +14.1% |
| 2028 | ~$2,063,917 | ~$2,063,917 | ~1.9488% | ~$40,222 | +21.9% |
| 2029 | ~$2,204,807 | ~$2,204,807 | ~1.9163% | ~$42,251 | +30.2% |
| 2030 | ~$2,355,315 | ~$2,355,315 | ~1.8837% | ~$44,368 | +39.1% |
| 2026 | ~$1,774,710 | ~$1,774,710 | ~2.0465% | ~$36,319 | +4.8% |
| 2027 | ~$1,860,364 | ~$1,860,364 | ~2.0465% | ~$38,072 | +9.9% |
| 2028 | ~$1,950,152 | ~$1,950,152 | ~2.0465% | ~$39,910 | +15.2% |
| 2029 | ~$2,044,273 | ~$2,044,273 | ~2.0465% | ~$41,836 | +20.7% |
| 2030 | ~$2,142,937 | ~$2,142,937 | ~2.0465% | ~$43,855 | +26.6% |
| 2026 | ~$1,842,430 | ~$1,842,430 | ~1.9977% | ~$36,806 | +8.8% |
| 2027 | ~$2,005,050 | ~$2,005,050 | ~1.9488% | ~$39,075 | +18.4% |
| 2028 | ~$2,182,022 | ~$2,182,022 | ~1.9000% | ~$41,459 | +28.9% |
| 2029 | ~$2,374,615 | ~$2,374,615 | ~1.8512% | ~$43,959 | +40.3% |
| 2030 | ~$2,584,207 | ~$2,584,207 | ~1.8024% | ~$46,577 | +52.6% |
In 2025, this property's market value of $1,693,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +19% 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 | $1,693,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,350,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,350,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,300,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,300,000 | $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.