2301 E RIVERSIDE DR TX 78741
| Owner | RIVERSIDE INTERESTS LP |
|---|---|
| Parcel ID | 0306070101 |
| Short ID | 286707 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 47,222 SF |
| Land SF | 194,626 SF |
| Acres | 4.468 |
| Year Built | 2018 |
| Legal | ABS 24 DELVALLE S ACR 4.4680 |
| Neighborhood | 52SEA |
| Land | $5,254,902 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,254,902 |
| Improvement | $7,856,098 |
|---|---|
| Total Improvement | $7,856,098 |
| Market | $13,111,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,111,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,111,000 |
| Taxable Value | $13,111,000 |
|---|
Appreciation: Market value has fallen -10.8% from $14,691,033 (2021) to $13,111,000 (2025), a CAGR of -2.8% 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 $268,315. 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 40% of market value ($5,254,902 land vs $7,856,098 improvements), about $27/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,111,000, 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 -2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,372,742 by 2030, with an estimated annual tax burden around $214,233. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 50,084 SF | ✗ |
| 1ST | 1st Floor | 32,102 SF | ✓ |
| 187 | PARKING GARAGE | 15,864 SF | ✓ |
| 2ND | 2nd Floor | 15,120 SF | ✓ |
| 611 | TERRACE | 10,990 SF | ✗ |
| 501 | CANOPY | 2,408 SF | ✗ |
| 503 | CANOPY - BANK | 1,085 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $121,302.97 | $121,302.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $68,703.87 | $68,703.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $49,277.04 | $49,277.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,474.00 | $15,474.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,556.77 | $13,556.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $268,314.65 | $268,314.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,168,000 | $13,111,000 | +0.4% |
| Assessed Value | $13,168,000 | $13,111,000 | +0.4% |
| Land Value | $5,254,902 | $5,254,902 | +0.0% |
| Improvement Value | $7,913,098 | $7,856,098 | +0.7% |
| Taxable Value | $13,168,000 | $13,111,000 | +0.4% |
| Total Tax 2026 = estimate |
~$269,481
Estimated
|
~$268,315
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,168,000 | $13,168,000 | +0 (+0.0%) |
| Taxable Value | $13,168,000 | $13,168,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,168,000 | $5,254,902 | $7,913,098 | — | $13,168,000 | $13,168,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,111,000 | $5,254,902 | $7,856,098 | — | $13,111,000 | $13,111,000 | ~$268,315 | Partial |
| 2024 | $15,220,810 | — | — | −$9,965,908 | $5,254,902 | $— | $278,629 | Verified |
| 2023 | $15,206,776 | — | — | −$9,951,874 | $5,254,902 | $— | $252,788 | Verified |
| 2022 | $14,729,229 | — | — | −$9,474,327 | $5,254,902 | $— | $300,322 | Verified |
| 2021 | $14,691,033 | — | — | −$9,436,131 | $5,254,902 | $— | $320,608 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -14.0% | -14.0% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | 1.8300% | Verified |
| 2023 | +0.1% | +0.1% | ~100% | 1.6600% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -2.0% | -2.9% | +3.2% | 2023 | -13.9% | 2025 |
| Assessment Ratio | 100.0% | 56.8% | — | 100.0% | 2025 | 34.5% | 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 |
$268,315 | $284,132 | ~$235,025 | $320,608 | 2021 | $252,788 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,743,294 | ~$12,743,294 | ~2.0139% | ~$256,642 | -2.8% |
| 2027 | ~$12,385,900 | ~$12,385,900 | ~1.9814% | ~$245,413 | -5.5% |
| 2028 | ~$12,038,529 | ~$12,038,529 | ~1.9488% | ~$234,612 | -8.2% |
| 2029 | ~$11,700,901 | ~$11,700,901 | ~1.9163% | ~$224,223 | -10.8% |
| 2030 | ~$11,372,742 | ~$11,372,742 | ~1.8837% | ~$214,233 | -13.3% |
| 2026 | ~$12,481,074 | ~$12,481,074 | ~2.0465% | ~$255,423 | -4.8% |
| 2027 | ~$11,881,412 | ~$11,881,412 | ~2.0465% | ~$243,151 | -9.4% |
| 2028 | ~$11,310,562 | ~$11,310,562 | ~2.0465% | ~$231,469 | -13.7% |
| 2029 | ~$10,767,139 | ~$10,767,139 | ~2.0465% | ~$220,348 | -17.9% |
| 2030 | ~$10,249,825 | ~$10,249,825 | ~2.0465% | ~$209,761 | -21.8% |
| 2026 | ~$13,005,514 | ~$13,005,514 | ~1.9977% | ~$259,806 | -0.8% |
| 2027 | ~$12,900,876 | ~$12,900,876 | ~1.9488% | ~$251,417 | -1.6% |
| 2028 | ~$12,797,080 | ~$12,797,080 | ~1.9000% | ~$243,147 | -2.4% |
| 2029 | ~$12,694,119 | ~$12,694,119 | ~1.8512% | ~$234,993 | -3.2% |
| 2030 | ~$12,591,987 | ~$12,591,987 | ~1.8024% | ~$226,954 | -4.0% |
In 2025, this property's market value of $13,111,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $13,111,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,220,810 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,206,776 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $14,729,229 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,691,033 | $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.