3110 CONGRESS AVE TX 78704
| Owner | JOHNSTON HOLDINGS LLC |
|---|---|
| Parcel ID | 0407032122 |
| Short ID | 879863 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 834 SF |
| Land SF | 584 SF |
| Acres | 0.013 |
| Year Built | 2016 |
| Legal | UNT GENERAL RETAIL 3114 SOCO CONDOMINIUMS PLUS 4.7619 % INT IN COM AREA |
| Neighborhood | 24SC03 |
| Land | $43,809 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $43,809 |
| Improvement | $369,395 |
|---|---|
| Total Improvement | $369,395 |
| Market | $413,204 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $413,204 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $413,204 |
| Taxable Value | $413,204 |
|---|
Appreciation: Market value has risen +83.8% from $224,762 (2021) to $413,204 (2025), a CAGR of 16.4% 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 $8,456. 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 11% of market value ($43,809 land vs $369,395 improvements), about $75/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $413,204, this parcel sits in the bottom quartile (<25th 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 +16.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $884,538 by 2030, with an estimated annual tax burden around $12,536. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 834 SF | ✓ |
Market value changed by 78% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $3,822.96 | $3,822.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,165.26 | $2,165.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,553.01 | $1,553.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $487.68 | $487.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $427.25 | $427.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,456.16 | $8,456.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $335,000 | $413,204 | -18.9% |
| Assessed Value | $335,000 | $413,204 | -18.9% |
| Land Value | $43,809 | $43,809 | +0.0% |
| Improvement Value | $291,191 | $369,395 | -21.2% |
| Taxable Value | $335,000 | $413,204 | -18.9% |
| Total Tax 2026 = estimate |
~$6,856
Estimated
|
~$8,456
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $443,427 | $335,000 | -108,427 (-24.5%) |
| Taxable Value | $443,427 | $335,000 | -108,427 (-24.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $335,000 | $43,809 | $291,191 | — | $335,000 | $335,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $413,204 | $43,809 | $369,395 | — | $413,204 | $413,204 | ~$8,456 | Partial |
| 2024 | $378,000 | — | — | −$334,191 | $43,809 | $— | $8,990 | Verified |
| 2023 | $234,000 | — | — | −$190,191 | $43,809 | $— | $6,839 | Verified |
| 2022 | $225,000 | — | — | −$181,191 | $43,809 | $— | $4,621 | Verified |
| 2021 | $224,762 | — | — | −$180,953 | $43,809 | $— | $4,898 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.3% | +7.3% | ~100% | Not available | Partial |
| 2025 | -22.4% | -8.9% | ~100% | Not available | Partial |
| 2024 | +28.1% | +9.2% | 85.2% | 1.6900% | Verified |
| 2023 | +77.5% ! | +77.5% | ~100% | 1.6500% | Verified |
| 2022 | -10.9% | -10.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.9% | +11.2% | +21.9% | +61.5% | 2024 | -18.9% | 2026 |
| Assessment Ratio | 100.0% | 44.9% | — | 100.0% | 2025 | 11.6% | 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 |
$8,456 | $6,761 | ~$10,781 | $8,990 | 2024 | $4,621 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$481,144 | ~$454,524 | ~2.0139% | ~$9,154 | +16.4% |
| 2027 | ~$560,254 | ~$499,977 | ~1.9814% | ~$9,906 | +35.6% |
| 2028 | ~$652,373 | ~$549,975 | ~1.9488% | ~$10,718 | +57.9% |
| 2029 | ~$759,637 | ~$604,972 | ~1.9163% | ~$11,593 | +83.8% |
| 2030 | ~$884,538 | ~$665,469 | ~1.8837% | ~$12,536 | +114.1% |
| 2026 | ~$472,880 | ~$454,524 | ~2.0465% | ~$9,302 | +14.4% |
| 2027 | ~$541,174 | ~$499,977 | ~2.0465% | ~$10,232 | +31.0% |
| 2028 | ~$619,331 | ~$549,975 | ~2.0465% | ~$11,255 | +49.9% |
| 2029 | ~$708,777 | ~$604,972 | ~2.0465% | ~$12,381 | +71.5% |
| 2030 | ~$811,139 | ~$665,469 | ~2.0465% | ~$13,619 | +96.3% |
| 2026 | ~$489,408 | ~$454,524 | ~1.9977% | ~$9,080 | +18.4% |
| 2027 | ~$579,666 | ~$499,977 | ~1.9488% | ~$9,744 | +40.3% |
| 2028 | ~$686,569 | ~$549,975 | ~1.9000% | ~$10,450 | +66.2% |
| 2029 | ~$813,187 | ~$604,972 | ~1.8512% | ~$11,199 | +96.8% |
| 2030 | ~$963,157 | ~$665,469 | ~1.8024% | ~$11,994 | +133.1% |
In 2025, this property's market value of $413,204 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -71% below 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 | $413,204 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $378,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $234,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $225,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $224,762 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.