311 E 5 ST TX 78701
| Owner | 311 E 5TH SERIES |
|---|---|
| Parcel ID | 0205021704 |
| Short ID | 192876 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 177,000 SF |
| Land SF | 11,776 SF |
| Acres | 0.270 |
| Year Built | 2024 |
| Legal | LOT 7-8 BLOCK 040 ORIGINAL CITY |
| Neighborhood | 96EVNT |
| Land | $11,776,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,776,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $11,776,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,776,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,776,000 |
| Taxable Value | $11,776,000 |
|---|
Appreciation: Market value has risen +48.5% from $7,932,184 (2021) to $11,776,000 (2025), a CAGR of 10.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 +17.8%, 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 $240,994. Austin ISD is the largest single contributor, at 43.3% 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 100% of market value ($11,776,000 land vs $0 improvements), about $1,000/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $11,776,000, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +50.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $472,112,285 by 2031, with an estimated annual tax burden around $8,893,380. 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 | 177,000 SF | ✓ |
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.
| 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% | $102,661.28 | $102,661.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $58,145.54 | $58,145.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,704.20 | $41,704.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,095.97 | $13,095.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,473.39 | $11,473.39 | Paid |
| P2U | — | — | — | — | — | — | $9,801.41 | $9,801.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $236,881.79 | $236,881.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $102,661.28 | 43.3% |
| CAT City of Austin | 0.5240% | $58,145.54 | 24.5% |
| TCO Travis County | 0.3758% | $41,704.20 | 17.6% |
| THD Travis Central Health | 0.1180% | $13,095.97 | 5.5% |
| ACT Austin Community College | 0.1034% | $11,473.39 | 4.8% |
| P2U | — | $9,801.41 | 4.1% |
| Total | 2.0465% 5 of 6 | $236,881.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $61,195,437 | $11,776,000 | +419.7% |
| Assessed Value | $61,195,437 | $11,776,000 | +419.7% |
| Land Value | $21,196,800 | $11,776,000 | +80.0% |
| Improvement Value | $39,998,637 | — | — |
| Taxable Value | $61,195,437 | $11,776,000 | +419.7% |
| Total Tax 2026 = estimate |
~$1,252,355
Estimated
|
~$236,882
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $61,195,437 | $21,196,800 | $39,998,637 | — | $61,195,437 | $61,195,437 | Not yet — post-cert | Preliminary |
| 2025 | $11,776,000 | $11,776,000 | — | — | $11,776,000 | $11,776,000 | ~$236,882 | Partial |
| 2024 | $8,655,000 | $15,308,800 | — | — | $8,655,000 | $8,655,000 | $179,069 | Verified |
| 2023 | $8,037,120 | $15,308,800 | — | — | $8,037,120 | $8,037,120 | $152,383 | Verified |
| 2022 | $6,888,960 | $7,654,400 | — | — | $6,888,960 | $6,888,960 | $142,441 | Verified |
| 2021 | $7,932,184 | $7,654,400 | $277,784 | — | $7,932,184 | $7,932,184 | $180,090 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +419.7% ! | +419.7% | ~100% | Not available | Partial |
| 2025 | +36.1% | +36.1% | ~100% | Not available | Partial |
| 2024 | +7.7% | +7.7% | ~100% | No billing data | Verified |
| 2023 | +16.7% | +16.7% | ~100% | No billing data | Verified |
| 2022 | -13.2% | -13.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +419.7% | +93.4% | +50.5% | +419.7% | 2026 | -13.2% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$236,882 | $178,173 | ~$4,713,821 | $236,882 | 2025 | $142,441 | 2022 |
Market value changed by 420% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$92,084,025 | ~$92,084,025 | ~2.0139% | ~$1,854,514 | +50.5% |
| 2028 | ~$138,563,723 | ~$138,563,723 | ~1.9814% | ~$2,745,485 | +126.4% |
| 2029 | ~$208,504,195 | ~$208,504,195 | ~1.9488% | ~$4,063,412 | +240.7% |
| 2030 | ~$313,747,337 | ~$313,747,337 | ~1.9163% | ~$6,012,312 | +412.7% |
| 2031 | ~$472,112,285 | ~$472,112,285 | ~1.8837% | ~$8,893,380 | +671.5% |
| 2027 | ~$90,860,116 | ~$90,860,116 | ~2.0465% | ~$1,859,439 | +48.5% |
| 2028 | ~$134,904,841 | ~$134,904,841 | ~2.0465% | ~$2,760,807 | +120.4% |
| 2029 | ~$200,300,383 | ~$200,300,383 | ~2.0465% | ~$4,099,117 | +227.3% |
| 2030 | ~$297,396,618 | ~$297,396,618 | ~2.0465% | ~$6,086,177 | +386.0% |
| 2031 | ~$441,560,556 | ~$441,560,556 | ~2.0465% | ~$9,036,471 | +621.6% |
| 2027 | ~$93,307,933 | ~$93,307,933 | ~1.9977% | ~$1,863,977 | +52.5% |
| 2028 | ~$142,271,562 | ~$142,271,562 | ~1.9488% | ~$2,772,644 | +132.5% |
| 2029 | ~$216,929,009 | ~$216,929,009 | ~1.9000% | ~$4,121,688 | +254.5% |
| 2030 | ~$330,763,182 | ~$330,763,182 | ~1.8512% | ~$6,123,068 | +440.5% |
| 2031 | ~$504,332,194 | ~$504,332,194 | ~1.8024% | ~$9,089,938 | +724.1% |
In 2025, this property's market value of $11,776,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× the county median of $1,382,921. 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 | $11,776,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,655,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $8,037,120 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $6,888,960 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,932,184 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |