8900 S CONGRESS AVE #3 TX 78745
| Owner | PENSKE TRUCK LEASING CO LP |
|---|---|
| Parcel ID | 0430090315 |
| Short ID | 732573 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 14,870 SF |
| Land SF | 285,292 SF |
| Acres | 6.549 |
| Year Built | 2008 |
| Legal | LOT 1 BLK A PENSKE SOUTH |
| Neighborhood | 83SOU |
| Land | $3,637,473 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,637,473 |
| Improvement | $2,073,870 |
|---|---|
| Total Improvement | $2,073,870 |
| Market | $5,711,343 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,711,343 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,711,343 |
| Taxable Value | $5,711,343 |
|---|
Appreciation: Market value has risen +24.5% from $4,588,804 (2021) to $5,711,343 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. 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 $116,882. 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 64% of market value ($3,637,473 land vs $2,073,870 improvements), about $13/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $5,711,343, 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,508,214 by 2030, with an estimated annual tax burden around $141,435. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 26,172 SF | ✗ |
| 491 | SPRINKLER HEADS | 15,812 SF | ✗ |
| 1ST | 1st Floor | 14,870 SF | ✓ |
| SO | Sketch Only | 6,030 SF | ✗ |
| 501 | CANOPY | 2,904 SF | ✗ |
| 541 | FENCE COMM LF | 2,142 SF | ✗ |
| 611 | TERRACE | 1,526 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,014 SF | ✓ |
| 327 | STORAGE COMM'L | 962 SF | ✓ |
| UBSMT | Unfinished Basement | 328 SF | ✓ |
| 326 | GUARD HOUSE SF | 24 SF | ✓ |
| 482 | LIGHT POLES | 13 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% | $52,841.35 | $52,841.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,928.41 | $29,928.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,465.80 | $21,465.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,740.70 | $6,740.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,905.53 | $5,905.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $116,881.79 | $116,881.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,981,756 | $5,711,343 | +4.7% |
| Assessed Value | $5,981,756 | $5,711,343 | +4.7% |
| Land Value | $3,637,473 | $3,637,473 | +0.0% |
| Improvement Value | $2,344,283 | $2,073,870 | +13.0% |
| Taxable Value | $5,981,756 | $5,711,343 | +4.7% |
| Total Tax 2026 = estimate |
~$122,416
Estimated
|
~$116,882
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,646,396 | $5,981,756 | -664,640 (-10.0%) |
| Taxable Value | $6,646,396 | $5,981,756 | -664,640 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,981,756 | $3,637,473 | $2,344,283 | — | $5,981,756 | $5,981,756 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,711,343 | $3,637,473 | $2,073,870 | — | $5,711,343 | $5,711,343 | ~$116,882 | Partial |
| 2024 | $6,179,000 | — | — | −$2,541,527 | $3,637,473 | $— | $107,919 | Verified |
| 2023 | $4,985,681 | — | — | −$1,348,208 | $3,637,473 | $— | $111,793 | Verified |
| 2022 | $4,568,441 | — | — | −$1,840,336 | $2,728,105 | $— | $98,463 | Verified |
| 2021 | $4,588,804 | — | — | −$2,277,939 | $2,310,865 | $— | $99,440 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.4% | +16.4% | ~100% | Not available | Partial |
| 2025 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2024 | -11.9% | -11.9% | ~100% | 1.9800% | Verified |
| 2023 | +23.9% | +23.9% | ~100% | 1.8100% | Verified |
| 2022 | +9.1% | +9.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.7% | +5.9% | +4.7% | +23.9% | 2024 | -7.6% | 2025 |
| Assessment Ratio | 100.0% | 73.7% | — | 100.0% | 2025 | 50.4% | 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 |
$116,882 | $106,900 | ~$131,310 | $116,882 | 2025 | $98,463 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,032,508 | ~$6,032,508 | ~2.0139% | ~$121,491 | +5.6% |
| 2027 | ~$6,371,734 | ~$6,371,734 | ~1.9814% | ~$126,249 | +11.6% |
| 2028 | ~$6,730,035 | ~$6,730,035 | ~1.9488% | ~$131,158 | +17.8% |
| 2029 | ~$7,108,484 | ~$7,108,484 | ~1.9163% | ~$136,219 | +24.5% |
| 2030 | ~$7,508,214 | ~$7,508,214 | ~1.8837% | ~$141,435 | +31.5% |
| 2026 | ~$5,918,281 | ~$5,918,281 | ~2.0465% | ~$121,117 | +3.6% |
| 2027 | ~$6,132,718 | ~$6,132,718 | ~2.0465% | ~$125,505 | +7.4% |
| 2028 | ~$6,354,924 | ~$6,354,924 | ~2.0465% | ~$130,053 | +11.3% |
| 2029 | ~$6,585,181 | ~$6,585,181 | ~2.0465% | ~$134,765 | +15.3% |
| 2030 | ~$6,823,781 | ~$6,823,781 | ~2.0465% | ~$139,648 | +19.5% |
| 2026 | ~$6,146,735 | ~$6,146,735 | ~1.9977% | ~$122,791 | +7.6% |
| 2027 | ~$6,615,318 | ~$6,615,318 | ~1.9488% | ~$128,922 | +15.8% |
| 2028 | ~$7,119,623 | ~$7,119,623 | ~1.9000% | ~$135,274 | +24.7% |
| 2029 | ~$7,662,373 | ~$7,662,373 | ~1.8512% | ~$141,845 | +34.2% |
| 2030 | ~$8,246,497 | ~$8,246,497 | ~1.8024% | ~$148,632 | +44.4% |
In 2025, this property's market value of $5,711,343 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,711,343 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,179,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,985,681 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,568,441 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,588,804 | $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.