3300 N INTERSTATE HY 35 TX 78705
| Owner | CITY OF AUSTIN |
|---|---|
| Parcel ID | 0215080161 |
| Short ID | 771769 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 94,822 SF |
| Land SF | 68,781 SF |
| Acres | 1.579 |
| Year Built | 2008 |
| Legal | LOT 4 BLK A EAST AVENUE SUBD |
| Neighborhood | 50CEN |
| Land | $13,756,248 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,756,248 |
| Improvement | $12,243,752 |
|---|---|
| Total Improvement | $12,243,752 |
| Market | $26,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,000,000 |
| Exemptions (−) | −$17,024,658 |
|---|---|
| Taxable Value | $8,975,342 |
Appreciation: Market value has fallen -66.7% from $78,078,293 (2021) to $26,000,000 (2025), a CAGR of -24.0% 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 $183,679. Austin ISD is the largest single contributor, at 45.2% 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 53% of market value ($13,756,248 land vs $12,243,752 improvements), about $200/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $26,000,000, 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 -24.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,576,989 by 2030, with an estimated annual tax burden around $123,894. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 174,536 SF | ✓ |
| ADDL | Additional Floor | 74,082 SF | ✓ |
| 1ST | 1st Floor | 45,434 SF | ✓ |
| 2ND | 2nd Floor | 24,694 SF | ✓ |
| 3RD | 3rd Floor | 24,694 SF | ✓ |
| 4TH | 4th Floor | 24,694 SF | ✓ |
| 5TH | 5th Floor | 24,694 SF | ✓ |
| 407 | LOADING DOCK | 6,324 SF | ✓ |
Market value changed by 127% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $83,039.86 | $83,039.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,032.32 | $47,032.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,733.37 | $33,733.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,592.97 | $10,592.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,280.50 | $9,280.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $183,679.02 | $183,679.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,928,223 | $26,000,000 | +126.6% |
| Assessed Value | $58,928,223 | $26,000,000 | +126.6% |
| Land Value | $13,756,248 | $13,756,248 | +0.0% |
| Improvement Value | $45,171,975 | $12,243,752 | +268.9% |
| Taxable Value | — | $8,975,342 | — |
| Exemptions | — | F | |
| Total Tax | Pending certification |
~$183,679
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $58,928,223 | $58,928,223 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $58,928,223 | $13,756,248 | $45,171,975 | — | $58,928,223 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,000,000 | $13,756,248 | $12,243,752 | — | $26,000,000 | $8,975,342 | ~$183,679 | Partial |
| 2024 | $78,400,000 | — | — | −$64,643,752 | $13,756,248 | $— | $707,412 | Verified |
| 2023 | $86,338,962 | — | — | −$72,582,714 | $13,756,248 | $— | $1,420,027 | Verified |
| 2022 | $80,744,400 | — | — | −$66,988,152 | $13,756,248 | $— | $1,705,128 | Verified |
| 2021 | $78,078,293 | — | — | −$67,761,107 | $10,317,186 | $— | $1,757,546 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +126.6% ! | +126.6% | ~100% | Not available | Partial |
| 2025 | -46.5% | -46.5% | ~100% | Not available | Partial |
| 2024 | -39.2% | -39.2% | ~100% | 1.4600% | Verified |
| 2023 | -7.3% | -7.3% | ~100% | 1.7800% | Verified |
| 2022 | +6.9% | +6.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -67.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +126.6% | +12.2% | -32.5% | +126.6% | 2026 | -66.8% | 2025 |
| Assessment Ratio | 100.0% | 43.9% | — | 100.0% | 2025 | 13.2% | 2021 |
| Effective Tax Rate (2025) | 0.7100% | 0.7100% | — | 0.7100% | 2025 | 0.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$183,679 | $1,154,758 | ~$241,394 | $1,757,546 | 2021 | $183,679 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,750,773 | ~$19,750,773 | ~2.0139% | ~$397,768 | -24.0% |
| 2027 | ~$15,003,579 | ~$15,003,579 | ~1.9814% | ~$297,279 | -42.3% |
| 2028 | ~$11,397,396 | ~$11,397,396 | ~1.9488% | ~$222,117 | -56.2% |
| 2029 | ~$8,657,976 | ~$8,657,976 | ~1.9163% | ~$165,912 | -66.7% |
| 2030 | ~$6,576,989 | ~$6,576,989 | ~1.8837% | ~$123,894 | -74.7% |
| 2026 | ~$24,700,000 | ~$24,700,000 | ~2.0465% | ~$505,482 | -5.0% |
| 2027 | ~$23,465,000 | ~$23,465,000 | ~2.0465% | ~$480,208 | -9.8% |
| 2028 | ~$22,291,750 | ~$22,291,750 | ~2.0465% | ~$456,197 | -14.3% |
| 2029 | ~$21,177,162 | ~$21,177,162 | ~2.0465% | ~$433,387 | -18.5% |
| 2030 | ~$20,118,304 | ~$20,118,304 | ~2.0465% | ~$411,718 | -22.6% |
| 2026 | ~$20,270,773 | ~$20,270,773 | ~1.9977% | ~$404,942 | -22.0% |
| 2027 | ~$15,804,010 | ~$15,804,010 | ~1.9488% | ~$307,995 | -39.2% |
| 2028 | ~$12,321,519 | ~$12,321,519 | ~1.9000% | ~$234,111 | -52.6% |
| 2029 | ~$9,606,413 | ~$9,606,413 | ~1.8512% | ~$177,833 | -63.1% |
| 2030 | ~$7,489,593 | ~$7,489,593 | ~1.8024% | ~$134,990 | -71.2% |
In 2025, this property's market value of $26,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 18× 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 | $26,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $78,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $86,338,962 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $80,744,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $78,078,293 | $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.