2301 S CONGRESS AVE TX 78704
| Owner | TWIN OAKS AUSTIN LTD |
|---|---|
| Parcel ID | 0303000741 |
| Short ID | 284328 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 48,880 SF |
| Land SF | 243,631 SF |
| Acres | 5.593 |
| Year Built | 1972 |
| Legal | ABS 8 SUR 20 DECKER I ACR 5.593 |
| Neighborhood | 43CEN |
| Land | $32,890,185 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $32,890,185 |
| Improvement | $604,375 |
|---|---|
| Total Improvement | $604,375 |
| Market | $33,494,560 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $33,494,560 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $33,494,560 |
| Taxable Value | $33,494,560 |
|---|
Appreciation: Market value has risen +55.4% from $21,560,381 (2021) to $33,494,560 (2025), a CAGR of 11.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $685,461. 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 ($32,890,185 land vs $604,375 improvements), about $135/SF of land. With value concentrated in the land under a ~54-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 $33,494,560, 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 +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $58,092,703 by 2030, with an estimated annual tax burden around $1,016,153. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 101,400 SF | ✗ |
| 1ST | 1st Floor | 48,880 SF | ✓ |
| 611 | TERRACE | 7,012 SF | ✗ |
| 501 | CANOPY | 6,796 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% | $304,298.28 | $304,298.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $172,349.19 | $172,349.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $123,615.42 | $123,615.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,817.76 | $38,817.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $34,008.26 | $34,008.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $673,088.91 | $673,088.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,890,185 | $33,494,560 | -1.8% |
| Assessed Value | $32,890,185 | $33,494,560 | -1.8% |
| Land Value | $32,890,185 | $32,890,185 | +0.0% |
| Improvement Value | — | $604,375 | — |
| Taxable Value | $32,890,185 | $33,494,560 | -1.8% |
| Total Tax 2026 = estimate |
~$673,093
Estimated
|
~$673,089
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $32,890,185 | $32,890,185 | +0 (+0.0%) |
| Taxable Value | $32,890,185 | $32,890,185 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $32,890,185 | $32,890,185 | — | — | $32,890,185 | $32,890,185 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $33,494,560 | $32,890,185 | $604,375 | — | $33,494,560 | $33,494,560 | ~$673,089 | Partial |
| 2024 | $32,885,813 | — | — | — | $32,890,185 ! | $— | $652,028 | Verified |
| 2023 | $20,594,821 | — | — | — | $36,544,650 ! | $— | $598,593 | Verified |
| 2022 | $18,375,000 | — | — | — | $22,811,000 ! | $— | $408,919 | Verified |
| 2021 | $21,560,381 | — | — | −$850,729 | $20,709,652 | $— | $402,411 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | -9.2% | -9.2% | ~100% | 1.9600% | Verified |
| 2023 | +60.2% | +60.2% | ~100% | 1.6400% | Verified |
| 2022 | +10.1% | +10.1% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 1.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.8% | +11.4% | +12.1% | +59.7% | 2024 | -14.8% | 2022 |
| Assessment Ratio | 100.0% | 116.3% | — | 177.4% | 2023 | 96.1% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$673,089 | $547,008 | ~$873,949 | $673,089 | 2025 | $402,411 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$37,394,156 | ~$36,844,016 | ~2.0139% | ~$742,015 | +11.6% |
| 2027 | ~$41,747,762 | ~$40,528,418 | ~1.9814% | ~$803,025 | +24.6% |
| 2028 | ~$46,608,235 | ~$44,581,259 | ~1.9488% | ~$868,817 | +39.2% |
| 2029 | ~$52,034,588 | ~$49,039,385 | ~1.9163% | ~$939,737 | +55.4% |
| 2030 | ~$58,092,703 | ~$53,943,324 | ~1.8837% | ~$1,016,153 | +73.4% |
| 2026 | ~$36,724,265 | ~$36,724,265 | ~2.0465% | ~$751,557 | +9.6% |
| 2027 | ~$40,265,394 | ~$40,265,394 | ~2.0465% | ~$824,025 | +20.2% |
| 2028 | ~$44,147,975 | ~$44,147,975 | ~2.0465% | ~$903,482 | +31.8% |
| 2029 | ~$48,404,933 | ~$48,404,933 | ~2.0465% | ~$990,600 | +44.5% |
| 2030 | ~$53,072,367 | ~$53,072,367 | ~2.0465% | ~$1,086,118 | +58.5% |
| 2026 | ~$38,064,047 | ~$36,844,016 | ~1.9977% | ~$736,019 | +13.6% |
| 2027 | ~$43,256,926 | ~$40,528,418 | ~1.9488% | ~$789,834 | +29.1% |
| 2028 | ~$49,158,242 | ~$44,581,259 | ~1.9000% | ~$847,051 | +46.8% |
| 2029 | ~$55,864,644 | ~$49,039,385 | ~1.8512% | ~$907,814 | +66.8% |
| 2030 | ~$63,485,965 | ~$53,943,324 | ~1.8024% | ~$972,259 | +89.5% |
In 2025, this property's market value of $33,494,560 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 24× 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 | $33,494,560 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $32,885,813 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $20,594,821 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $18,375,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $21,560,381 | $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.