3301 WEST AVE TX 78705
| Owner | WEST 34TH STREET NEIGHBORHOOD IMPROVEMENT COMPANY LLC |
|---|---|
| Parcel ID | 0218031516 |
| Short ID | 212682 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,548 SF |
| Land SF | 28,482 SF |
| Acres | 0.654 |
| Year Built | 1986 |
| Legal | LOT 1 TYLER SUBDIVISION THE |
| Neighborhood | 53CEN |
| Land | $2,420,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,420,970 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,250,000 |
| Taxable Value | $2,250,000 |
|---|
Appreciation: Market value has risen +21.1% from $1,858,706 (2021) to $2,250,000 (2025), a CAGR of 4.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $46,046. 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 108% of market value ($2,420,970 land vs $0 improvements), about $85/SF of land. With value concentrated in the land under a ~40-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 $2,250,000, 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,856,915 by 2030, with an estimated annual tax burden around $53,817. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 11,020 SF | ✗ |
| 1ST | 1st Floor | 5,548 SF | ✓ |
| 327 | STORAGE COMM'L | 777 SF | ✓ |
| 501 | CANOPY | 723 SF | ✗ |
| 541 | FENCE COMM LF | 167 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% | $20,817.00 | $20,817.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,790.38 | $11,790.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,456.51 | $8,456.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,655.52 | $2,655.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,326.50 | $2,326.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $46,045.91 | $46,045.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,848,200 | $2,250,000 | +26.6% |
| Assessed Value | $2,700,000 | $2,250,000 | +20.0% |
| Land Value | $2,848,200 | $2,420,970 | +17.6% |
| Improvement Value | — | — | — |
| Taxable Value | $2,700,000 | $2,250,000 | +20.0% |
| HS Cap Loss | -$148,200 | — | |
| Total Tax 2026 = estimate |
~$55,255
Estimated
|
~$46,046
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,991,001 | $2,848,200 | -142,801 (-4.8%) |
| Taxable Value | $2,700,000 | $2,700,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,848,200 | $2,848,200 | — | −$148,200 | $2,700,000 | $2,700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,250,000 | $2,420,970 | — | — | $2,250,000 | $2,250,000 | ~$46,046 | Partial |
| 2024 | $2,556,000 | — | — | −$135,030 | $2,420,970 | $— | $49,662 | Verified |
| 2023 | $1,950,985 | — | — | — | $2,420,970 ! | $— | $46,244 | Verified |
| 2022 | $1,883,358 | — | — | −$67,630 | $1,815,728 | $— | $38,530 | Verified |
| 2021 | $1,858,706 | — | — | −$42,978 | $1,815,728 | $— | $40,995 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.9% | +20.0% | 90.3% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | -2.0% | -2.0% | ~100% | 1.9800% | Verified |
| 2023 | +31.0% | +31.0% | ~100% | 1.8100% | Verified |
| 2022 | +3.6% | +3.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.6% | +10.1% | +0.5% | +31.0% | 2024 | -12.0% | 2025 |
| Assessment Ratio | 94.8% | 101.3% | — | 124.1% | 2023 | 94.7% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$46,046 | $44,295 | ~$50,639 | $49,662 | 2024 | $38,530 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,360,073 | ~$2,360,073 | ~2.0139% | ~$47,530 | +4.9% |
| 2027 | ~$2,475,531 | ~$2,475,531 | ~1.9814% | ~$49,050 | +10.0% |
| 2028 | ~$2,596,638 | ~$2,596,638 | ~1.9488% | ~$50,604 | +15.4% |
| 2029 | ~$2,723,669 | ~$2,723,669 | ~1.9163% | ~$52,193 | +21.1% |
| 2030 | ~$2,856,915 | ~$2,856,915 | ~1.8837% | ~$53,817 | +27.0% |
| 2026 | ~$2,315,073 | ~$2,315,073 | ~2.0465% | ~$47,378 | +2.9% |
| 2027 | ~$2,382,028 | ~$2,382,028 | ~2.0465% | ~$48,748 | +5.9% |
| 2028 | ~$2,450,920 | ~$2,450,920 | ~2.0465% | ~$50,158 | +8.9% |
| 2029 | ~$2,521,804 | ~$2,521,804 | ~2.0465% | ~$51,608 | +12.1% |
| 2030 | ~$2,594,738 | ~$2,594,738 | ~2.0465% | ~$53,101 | +15.3% |
| 2026 | ~$2,405,073 | ~$2,405,073 | ~1.9977% | ~$48,045 | +6.9% |
| 2027 | ~$2,570,834 | ~$2,570,834 | ~1.9488% | ~$50,101 | +14.3% |
| 2028 | ~$2,748,020 | ~$2,748,020 | ~1.9000% | ~$52,213 | +22.1% |
| 2029 | ~$2,937,417 | ~$2,937,417 | ~1.8512% | ~$54,377 | +30.6% |
| 2030 | ~$3,139,868 | ~$3,139,868 | ~1.8024% | ~$56,592 | +39.5% |
In 2025, this property's market value of $2,250,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +59% 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 | $2,250,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,556,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,950,985 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,883,358 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,858,706 | $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.