701 BRAZOS ST H-1 TX 78701
| Owner | HCD AUSTIN CORPORATION |
|---|---|
| Parcel ID | 0206032502 |
| Short ID | 754189 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 48,332 SF |
| Land SF | 38,115 SF |
| Acres | 0.875 |
| Year Built | 1985 |
| Legal | UNT H-1 AUSTIN CENTRE CONDOMINIUM THE PLUS 50.0 % INT IN COM AREA (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34CBD1 |
| Land | $24,774,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $24,774,750 |
| Improvement | $68,813,858 |
|---|---|
| Total Improvement | $68,813,858 |
| Market | $93,588,608 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $93,588,608 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $93,588,608 |
| Taxable Value | $93,588,608 |
|---|
Appreciation: Market value has risen +26.5% from $73,970,000 (2021) to $93,588,608 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $1,915,277. 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 26% of market value ($24,774,750 land vs $68,813,858 improvements), about $650/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $93,588,608, 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 +5.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $128,322,428 by 2031, with an estimated annual tax burden around $2,417,264. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 233,512 SF | ✗ |
| ADDL | Additional Floor | 186,676 SF | ✓ |
| 2ND | 2nd Floor | 18,540 SF | ✓ |
| UBSMT | Unfinished Basement | 18,340 SF | ✓ |
| 1ST | 1st Floor | 17,532 SF | ✓ |
| LOBBY | Lobby | 16,844 SF | ✓ |
| FBSMT | Finished Basement | 12,260 SF | ✓ |
| 611 | TERRACE | 2,016 SF | ✗ |
| 601 | POOL COMM'L | 1,760 SF | ✗ |
| 449 | SPA | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +43,441 |
| Travis County | 0.3444% | 0.3758% | +29,387 |
| Austin ISD | 0.9505% | 0.9252% | -23,678 |
| Travis Central Health | 0.1080% | 0.1180% | +9,409 |
| Austin Community College | 0.1013% | 0.1034% | +1,965 |
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% | $865,881.80 | $791,786.60 | $74,095.20 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $490,420.22 | $448,454.01 | $41,966.21 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $351,748.10 | $321,648.33 | $30,099.77 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $110,456.08 | $101,004.14 | $9,451.94 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $96,770.62 | $88,489.77 | $8,280.85 |
| P2U | — | — | — | — | — | — | $86,106.96 | $78,738.62 | $7,368.34 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,001,383.78 | $1,830,121.47 | $171,262.31 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $865,881.80 | 43.3% |
| CAT City of Austin | 0.5240% | $490,420.22 | 24.5% |
| TCO Travis County | 0.3758% | $351,748.10 | 17.6% |
| THD Travis Central Health | 0.1180% | $110,456.08 | 5.5% |
| ACT Austin Community College | 0.1034% | $96,770.62 | 4.8% |
| P2U | — | $86,106.96 | 4.3% |
| Total | 2.0465% 5 of 6 | $2,001,383.78 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $97,426,947 | $93,588,608 | +4.1% |
| Assessed Value | $97,426,947 | $93,588,608 | +4.1% |
| Land Value | $28,586,250 | $24,774,750 | +15.4% |
| Improvement Value | $68,840,697 | $68,813,858 | +0.0% |
| Taxable Value | $97,426,947 | $93,588,608 | +4.1% |
| Total Tax 2026 = estimate |
~$1,993,828
Estimated
|
$2,001,384 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $97,426,947 | $28,586,250 | $68,840,697 | — | $97,426,947 | $97,426,947 | Not yet — post-cert | Preliminary |
| 2025 | $93,588,608 | $24,774,750 | $68,813,858 | — | $93,588,608 | $93,588,608 | $2,001,384 | Verified |
| 2024 | $93,588,608 | $24,774,750 | $68,813,858 | — | $93,588,608 | $93,588,608 | $1,940,859 | Verified |
| 2023 | $95,262,026 | $26,013,488 | $69,248,538 | — | $95,262,026 | $95,262,026 | $1,782,666 | Verified |
| 2022 | $81,000,000 | $10,125,250 | $70,874,750 | — | $81,000,000 | $81,000,000 | $1,561,614 | Verified |
| 2021 | $73,970,000 | $10,125,250 | $63,844,750 | — | $73,970,000 | $73,970,000 | $1,553,898 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.1% | +4.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | 2.1400% | Verified |
| 2024 | -1.8% | -1.8% | ~100% | No billing data | Verified |
| 2023 | +17.6% | +17.6% | ~100% | No billing data | Verified |
| 2022 | +9.5% | +9.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.1% | +5.9% | +5.7% | +17.6% | 2023 | -1.8% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
| Tax Amount | $2,001,384 | $1,768,084 | ~$2,242,578 | $2,001,384 | 2025 | $1,553,898 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$102,944,652 | ~$102,944,652 | ~2.0139% | ~$2,073,240 | +5.7% |
| 2028 | ~$108,774,848 | ~$108,774,848 | ~1.9814% | ~$2,155,252 | +11.6% |
| 2029 | ~$114,935,232 | ~$114,935,232 | ~1.9488% | ~$2,239,903 | +18.0% |
| 2030 | ~$121,444,506 | ~$121,444,506 | ~1.9163% | ~$2,327,230 | +24.7% |
| 2031 | ~$128,322,428 | ~$128,322,428 | ~1.8837% | ~$2,417,264 | +31.7% |
| 2027 | ~$100,996,113 | ~$100,996,113 | ~2.0465% | ~$2,066,870 | +3.7% |
| 2028 | ~$104,696,032 | ~$104,696,032 | ~2.0465% | ~$2,142,589 | +7.5% |
| 2029 | ~$108,531,496 | ~$108,531,496 | ~2.0465% | ~$2,221,081 | +11.4% |
| 2030 | ~$112,507,469 | ~$112,507,469 | ~2.0465% | ~$2,302,448 | +15.5% |
| 2031 | ~$116,629,098 | ~$116,629,098 | ~2.0465% | ~$2,386,797 | +19.7% |
| 2027 | ~$104,893,191 | ~$104,893,191 | ~1.9977% | ~$2,095,412 | +7.7% |
| 2028 | ~$112,931,604 | ~$112,931,604 | ~1.9488% | ~$2,200,856 | +15.9% |
| 2029 | ~$121,586,036 | ~$121,586,036 | ~1.9000% | ~$2,310,155 | +24.8% |
| 2030 | ~$130,903,694 | ~$130,903,694 | ~1.8512% | ~$2,423,281 | +34.4% |
| 2031 | ~$140,935,404 | ~$140,935,404 | ~1.8024% | ~$2,540,179 | +44.7% |
In 2025, this property's market value of $93,588,608 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 68× 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 | $93,588,608 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $93,588,608 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $95,262,026 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $81,000,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $73,970,000 | $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 | Verified |
| 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 | — |