2215 S CONGRESS AVE TX 78704
| Owner | BROWN JACK FAMILY III |
|---|---|
| Parcel ID | 0303000604 |
| Short ID | 284292 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,635 SF |
| Land SF | 15,870 SF |
| Acres | 0.364 |
| Year Built | 1950 |
| Legal | LOT 11 * NE TRI * & 37.05' AV LOT 12 * E62.85'AV LOT 13 & E88.85'AV LOT 14 * & LOT 15 BLK 1 *LESS NW TRI LA PRELLE PLACE |
| Neighborhood | 20CEN |
| Land | $1,785,375 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,785,375 |
| Improvement | $44,236 |
|---|---|
| Total Improvement | $44,236 |
| Market | $1,829,611 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,829,611 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,829,611 |
| Taxable Value | $1,829,611 |
|---|
Appreciation: Market value has risen +46.4% from $1,250,000 (2021) to $1,829,611 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $37,443. 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 98% of market value ($1,785,375 land vs $44,236 improvements), about $112/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 $1,829,611, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,945,572 by 2030, with an estimated annual tax burden around $55,487. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,300 SF | ✗ |
| 1ST | 1st Floor | 2,635 SF | ✓ |
| 501 | CANOPY | 984 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% | $16,927.56 | $16,927.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,587.47 | $9,587.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,876.50 | $6,876.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,159.36 | $2,159.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,891.82 | $1,891.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,442.71 | $37,442.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,829,611 | $1,829,611 | +0.0% |
| Assessed Value | $1,829,611 | $1,829,611 | +0.0% |
| Land Value | $1,785,375 | $1,785,375 | +0.0% |
| Improvement Value | $44,236 | $44,236 | +0.0% |
| Taxable Value | $1,829,611 | $1,829,611 | +0.0% |
| Total Tax 2026 = estimate |
~$37,443
Estimated
|
~$37,443
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,879,360 | $1,829,611 | -49,749 (-2.6%) |
| Taxable Value | $1,879,360 | $1,829,611 | -49,749 (-2.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,829,611 | $1,785,375 | $44,236 | — | $1,829,611 | $1,829,611 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,829,611 | $1,785,375 | $44,236 | — | $1,829,611 | $1,829,611 | ~$37,443 | Partial |
| 2024 | $1,596,000 | — | — | — | $1,678,252 ! | $— | $33,260 | Verified |
| 2023 | $1,312,025 | — | — | — | $1,785,375 ! | $— | $28,876 | Verified |
| 2022 | $1,312,055 | — | — | −$62,292 | $1,249,763 | $— | $25,911 | Verified |
| 2021 | $1,250,000 | — | — | −$237 | $1,249,763 | $— | $28,559 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.7800% | Verified |
| 2023 | +42.9% | +42.9% | ~100% | 1.5400% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.2% | +10.0% | +21.6% | 2024 | +-0.0% | 2023 |
| Assessment Ratio | 100.0% | 106.1% | — | 136.1% | 2023 | 95.3% | 2022 |
| 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 |
$37,443 | $30,810 | ~$47,728 | $37,443 | 2025 | $25,911 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,012,431 | ~$2,012,431 | ~2.0139% | ~$40,529 | +10.0% |
| 2027 | ~$2,213,518 | ~$2,213,518 | ~1.9814% | ~$43,858 | +21.0% |
| 2028 | ~$2,434,699 | ~$2,434,699 | ~1.9488% | ~$47,448 | +33.1% |
| 2029 | ~$2,677,981 | ~$2,677,981 | ~1.9163% | ~$51,318 | +46.4% |
| 2030 | ~$2,945,572 | ~$2,945,572 | ~1.8837% | ~$55,487 | +61.0% |
| 2026 | ~$1,975,839 | ~$1,975,839 | ~2.0465% | ~$40,435 | +8.0% |
| 2027 | ~$2,133,753 | ~$2,133,753 | ~2.0465% | ~$43,667 | +16.6% |
| 2028 | ~$2,304,288 | ~$2,304,288 | ~2.0465% | ~$47,157 | +25.9% |
| 2029 | ~$2,488,454 | ~$2,488,454 | ~2.0465% | ~$50,926 | +36.0% |
| 2030 | ~$2,687,338 | ~$2,687,338 | ~2.0465% | ~$54,996 | +46.9% |
| 2026 | ~$2,049,023 | ~$2,012,572 | ~1.9977% | ~$40,204 | +12.0% |
| 2027 | ~$2,294,747 | ~$2,213,829 | ~1.9488% | ~$43,144 | +25.4% |
| 2028 | ~$2,569,940 | ~$2,435,212 | ~1.9000% | ~$46,269 | +40.5% |
| 2029 | ~$2,878,134 | ~$2,678,733 | ~1.8512% | ~$49,589 | +57.3% |
| 2030 | ~$3,223,288 | ~$2,946,607 | ~1.8024% | ~$53,109 | +76.2% |
In 2025, this property's market value of $1,829,611 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +29% 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 | $1,829,611 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,596,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,312,025 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,312,055 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,250,000 | $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.