1333 S CONGRESS AVE TX 78704
| Owner | PEP - 1329 SOUTH CONGRESS AVENUE LP |
|---|---|
| Parcel ID | 0300010302 |
| Short ID | 282695 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 21,939 SF |
| Land SF | 24,755 SF |
| Acres | 0.568 |
| Year Built | 2019 |
| Legal | W185FT OF LOT 5 & 6 & S34.75FT OF LOT 4 BLK 9 FAIRVIEW PARK |
| Neighborhood | 43CEN |
| Land | $5,198,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,198,550 |
| Improvement | $6,572,198 |
|---|---|
| Total Improvement | $6,572,198 |
| Market | $11,770,748 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,770,748 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,770,748 |
| Taxable Value | $11,770,748 |
|---|
Appreciation: Market value has risen +29.1% from $9,116,083 (2021) to $11,770,748 (2025), a CAGR of 6.6% 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 $240,887. Austin ISD is the largest single contributor, at 41.2% 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 44% of market value ($5,198,550 land vs $6,572,198 improvements), about $210/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,770,748, 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,201,260 by 2030, with an estimated annual tax burden around $305,190. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 12,307 SF | ✓ |
| 2ND | 2nd Floor | 4,816 SF | ✓ |
| 3RD | 3rd Floor | 4,816 SF | ✓ |
| 611 | TERRACE | 3,338 SF | ✗ |
| 501 | CANOPY | 1,512 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% | $108,902.96 | $108,902.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $61,680.72 | $61,680.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $44,239.77 | $44,239.77 | Paid |
| P6N | — | — | — | — | — | — | $23,541.50 | $23,541.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,892.19 | $13,892.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,170.95 | $12,170.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $264,428.09 | $264,428.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,116,437 | $11,770,748 | -5.6% |
| Assessed Value | $11,116,437 | $11,770,748 | -5.6% |
| Land Value | $5,198,550 | $5,198,550 | +0.0% |
| Improvement Value | $5,917,887 | $6,572,198 | -10.0% |
| Taxable Value | $11,116,437 | $11,770,748 | -5.6% |
| Total Tax 2026 = estimate |
~$227,496
Estimated
|
~$264,428
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,475,139 | $11,116,437 | -1,358,702 (-10.9%) |
| Taxable Value | $12,475,139 | $11,116,437 | -1,358,702 (-10.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,116,437 | $5,198,550 | $5,917,887 | — | $11,116,437 | $11,116,437 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,770,748 | $5,198,550 | $6,572,198 | — | $11,770,748 | $11,770,748 | ~$264,428 | Partial |
| 2024 | $8,705,000 | — | — | −$3,506,450 | $5,198,550 | $— | $253,235 | Verified |
| 2023 | $8,638,033 | — | — | −$3,439,483 | $5,198,550 | $— | $174,905 | Verified |
| 2022 | $8,308,400 | — | — | −$5,461,575 | $2,846,825 | $— | $187,871 | Verified |
| 2021 | $9,116,083 | — | — | −$6,269,258 | $2,846,825 | $— | $197,464 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.0% | +6.0% | ~100% | Not available | Partial |
| 2025 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2024 | +33.3% | +33.3% | ~100% | 2.1800% | Verified |
| 2023 | +0.8% | +0.8% | ~100% | 2.0100% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 2.1700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.6% | +5.1% | +7.9% | +35.2% | 2025 | -8.9% | 2022 |
| Assessment Ratio | 100.0% | 64.2% | — | 100.0% | 2025 | 31.2% | 2021 |
| Effective Tax Rate (2025) | 2.2500% | 2.2500% | — | 2.2500% | 2025 | 2.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$264,428 | $215,580 | ~$278,402 | $264,428 | 2025 | $174,905 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,547,379 | ~$12,547,379 | ~2.0139% | ~$252,696 | +6.6% |
| 2027 | ~$13,375,252 | ~$13,375,252 | ~1.9814% | ~$265,016 | +13.6% |
| 2028 | ~$14,257,747 | ~$14,257,747 | ~1.9488% | ~$277,861 | +21.1% |
| 2029 | ~$15,198,469 | ~$15,198,469 | ~1.9163% | ~$291,247 | +29.1% |
| 2030 | ~$16,201,260 | ~$16,201,260 | ~1.8837% | ~$305,190 | +37.6% |
| 2026 | ~$12,311,964 | ~$12,311,964 | ~2.0465% | ~$251,962 | +4.6% |
| 2027 | ~$12,878,065 | ~$12,878,065 | ~2.0465% | ~$263,548 | +9.4% |
| 2028 | ~$13,470,195 | ~$13,470,195 | ~2.0465% | ~$275,666 | +14.4% |
| 2029 | ~$14,089,551 | ~$14,089,551 | ~2.0465% | ~$288,341 | +19.7% |
| 2030 | ~$14,737,384 | ~$14,737,384 | ~2.0465% | ~$301,598 | +25.2% |
| 2026 | ~$12,782,794 | ~$12,782,794 | ~1.9977% | ~$255,357 | +8.6% |
| 2027 | ~$13,881,855 | ~$13,881,855 | ~1.9488% | ~$270,535 | +17.9% |
| 2028 | ~$15,075,413 | ~$15,075,413 | ~1.9000% | ~$286,435 | +28.1% |
| 2029 | ~$16,371,593 | ~$16,371,593 | ~1.8512% | ~$303,070 | +39.1% |
| 2030 | ~$17,779,218 | ~$17,779,218 | ~1.8024% | ~$320,448 | +51.0% |
In 2025, this property's market value of $11,770,748 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 | $11,770,748 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,705,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,638,033 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,308,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,116,083 | $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.