3500 S CONGRESS AVE TX 78704
| Owner | WALT LLC |
|---|---|
| Parcel ID | 0407030264 |
| Short ID | 309752 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,524 SF |
| Land SF | 31,800 SF |
| Acres | 0.730 |
| Year Built | 1972 |
| Legal | ABS 8 SUR 20 DECKER I ACR 0.6979 PLUS ADJ PART VAC STREET |
| Neighborhood | 30CEN |
| Land | $2,862,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,862,000 |
| Improvement | $96,229 |
|---|---|
| Total Improvement | $96,229 |
| Market | $2,958,229 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,958,229 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,958,229 |
| Taxable Value | $2,958,229 |
|---|
Appreciation: Market value has risen +72.2% from $1,717,710 (2021) to $2,958,229 (2025), a CAGR of 14.6% 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 $60,540. 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 97% of market value ($2,862,000 land vs $96,229 improvements), about $90/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 $2,958,229, 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 +14.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,836,255 by 2030, with an estimated annual tax burden around $89,746. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,000 SF | ✗ |
| 1ST | 1st Floor | 4,644 SF | ✓ |
| 2ND | 2nd Floor | 2,880 SF | ✓ |
| 581C | STORAGE ATT COMM | 560 SF | ✓ |
| 501 | CANOPY | 365 SF | ✗ |
| 063 | CARPORT ATT BASE | 320 SF | ✗ |
| 511 | DECK | 320 SF | ✗ |
| 591 | MASONRY TRIM SF | 160 SF | ✗ |
| 129 | WATER & SEWER FV | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 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% | $27,369.53 | $27,369.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,501.62 | $15,501.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,118.36 | $11,118.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,491.39 | $3,491.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,058.81 | $3,058.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $60,539.71 | $60,539.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,964,481 | $2,958,229 | +0.2% |
| Assessed Value | $2,964,481 | $2,958,229 | +0.2% |
| Land Value | $2,862,000 | $2,862,000 | +0.0% |
| Improvement Value | $102,481 | $96,229 | +6.5% |
| Taxable Value | $2,964,481 | $2,958,229 | +0.2% |
| Total Tax 2026 = estimate |
~$60,668
Estimated
|
~$60,540
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,964,481 | $2,964,481 | +0 (+0.0%) |
| Taxable Value | $2,964,481 | $2,964,481 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,964,481 | $2,862,000 | $102,481 | — | $2,964,481 | $2,964,481 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,958,229 | $2,862,000 | $96,229 | — | $2,958,229 | $2,958,229 | ~$60,540 | Partial |
| 2024 | $2,700,000 | — | — | — | — | $— | $58,571 | Verified |
| 2023 | $1,808,326 | — | — | — | — | $— | $48,850 | Verified |
| 2022 | $1,799,324 | — | — | — | — | $— | $35,713 | Verified |
| 2021 | $1,717,710 | — | — | −$48,210 | $1,669,500 | $— | $39,166 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +9.5% | +9.5% | ~100% | 1.9800% | Verified |
| 2023 | +49.3% | +49.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +12.9% | +14.5% | +49.3% | 2024 | +0.2% | 2026 |
| Assessment Ratio | 100.0% | 99.1% | — | 100.0% | 2025 | 97.2% | 2021 |
| 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 |
$60,540 | $48,568 | ~$77,187 | $60,540 | 2025 | $35,713 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,388,849 | ~$3,254,052 | ~2.0139% | ~$65,535 | +14.6% |
| 2027 | ~$3,882,154 | ~$3,579,457 | ~1.9814% | ~$70,923 | +31.2% |
| 2028 | ~$4,447,267 | ~$3,937,403 | ~1.9488% | ~$76,734 | +50.3% |
| 2029 | ~$5,094,643 | ~$4,331,143 | ~1.9163% | ~$82,997 | +72.2% |
| 2030 | ~$5,836,255 | ~$4,764,257 | ~1.8837% | ~$89,746 | +97.3% |
| 2026 | ~$3,329,685 | ~$3,254,052 | ~2.0465% | ~$66,594 | +12.6% |
| 2027 | ~$3,747,783 | ~$3,579,457 | ~2.0465% | ~$73,253 | +26.7% |
| 2028 | ~$4,218,381 | ~$3,937,403 | ~2.0465% | ~$80,578 | +42.6% |
| 2029 | ~$4,748,071 | ~$4,331,143 | ~2.0465% | ~$88,636 | +60.5% |
| 2030 | ~$5,344,271 | ~$4,764,257 | ~2.0465% | ~$97,500 | +80.7% |
| 2026 | ~$3,448,014 | ~$3,254,052 | ~1.9977% | ~$65,005 | +16.6% |
| 2027 | ~$4,018,891 | ~$3,579,457 | ~1.9488% | ~$69,758 | +35.9% |
| 2028 | ~$4,684,287 | ~$3,937,403 | ~1.9000% | ~$74,811 | +58.3% |
| 2029 | ~$5,459,850 | ~$4,331,143 | ~1.8512% | ~$80,178 | +84.6% |
| 2030 | ~$6,363,821 | ~$4,764,257 | ~1.8024% | ~$85,870 | +115.1% |
In 2025, this property's market value of $2,958,229 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +109% 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 | $2,958,229 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,808,326 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,799,324 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,717,710 | $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.