710 41 ST HOTEL MASTER UNIT 78751
| Owner | 4100 RED RIVER HOLDINGS LLC |
|---|---|
| Parcel ID | 0219081206 |
| Short ID | 986977 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 57,523 SF |
| Land SF | 71,600 SF |
| Acres | 1.644 |
| Year Built | 2020 |
| Legal | COMMODORE PERRY ESTATE MASTER CONDOMINIUMS UNT HOTEL MASTER UNIT PLUS 16.6667 % INT IN COM AREA |
| Neighborhood | NC1 |
| Land | $1,789,989 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,789,989 |
| Improvement | $28,981,092 |
|---|---|
| Total Improvement | $28,981,092 |
| Market | $30,771,081 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,771,081 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,771,081 |
| Exemptions on file | HT |
|---|---|
| Taxable Value | $30,771,081 |
Appreciation: Market value has risen +43.9% from $21,384,108 (2024) to $30,771,081 (2025), a CAGR of 43.9% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 fell -1.3%, 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 $629,726. Austin ISD is the largest single contributor, at 52.7% 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 6% of market value ($1,789,989 land vs $28,981,092 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $30,771,081, 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 +19.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $73,178,402 by 2031, with an estimated annual tax burden around $922,000. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 32,962 SF | ✓ |
| 2ND | 2nd Floor | 24,561 SF | ✓ |
| SO | Sketch Only | 17,890 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 10,171 SF | ✗ |
| LOBBY | Lobby | 5,425 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 1,242 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 643 SF | ✗ |
| UBSMT | Unfinished Basement | 632 SF | ✓ |
| 511 | DECK | 504 SF | ✗ |
| 611 | TERRACE | 326 SF | ✗ |
| 581C | STORAGE ATT COMM | 132 SF | ✓ |
| 251 | BATHROOM | 5 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 477 | ELEVATOR RES | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $202,607.23 | $202,607.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $78,065.42 | $78,065.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $55,991.50 | $55,991.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $29,882.60 | $29,882.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,582.47 | $17,582.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $384,129.22 | $384,129.22 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $202,607.23 | 52.7% |
| CAT City of Austin | 0.5240% | $78,065.42 | 20.3% |
| TCO Travis County | 0.3758% | $55,991.50 | 14.6% |
| ACT Austin Community College | 0.1034% | $29,882.60 | 7.8% |
| THD Travis Central Health | 0.1180% | $17,582.47 | 4.6% |
| Total | 2.0465% | $384,129.22 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,391,066 | $30,771,081 | -1.2% |
| Assessed Value | $30,391,066 | $30,771,081 | -1.2% |
| Land Value | $1,789,989 | $1,789,989 | +0.0% |
| Improvement Value | $28,601,077 | $28,981,092 | -1.3% |
| Taxable Value | $30,391,066 | $30,771,081 | -1.2% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$621,949
Estimated
|
~$384,129
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $30,391,066 | $1,789,989 | $28,601,077 | — | $30,391,066 | $30,391,066 | Not yet — post-cert | Preliminary |
| 2025 | $30,771,081 | $1,789,989 | $28,981,092 | — | $30,771,081 | $30,771,081 | ~$384,129 | Partial |
| 2024 | $21,384,108 | $1,789,989 | $19,594,119 | — | $21,384,108 | $11,139,551 | $279,830 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2025 | +43.9% | +43.9% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.2% | +21.3% | +19.2% | +43.9% | 2025 | -1.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 2024 |
| Effective Tax Rate (2025) | 1.2500% | 1.2500% | — | 1.2500% | 2025 | 1.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$384,129 | $331,980 | ~$792,972 | $384,129 | 2025 | $279,830 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$36,230,417 | ~$33,430,173 | ~2.0139% | ~$673,262 | +19.2% |
| 2028 | ~$43,191,743 | ~$36,773,190 | ~1.9814% | ~$728,620 | +42.1% |
| 2029 | ~$51,490,621 | ~$40,450,509 | ~1.9488% | ~$788,315 | +69.4% |
| 2030 | ~$61,384,048 | ~$44,495,560 | ~1.9163% | ~$852,664 | +102.0% |
| 2031 | ~$73,178,402 | ~$48,945,116 | ~1.8837% | ~$922,000 | +140.8% |
| 2027 | ~$35,622,596 | ~$33,430,173 | ~2.0465% | ~$684,143 | +17.2% |
| 2028 | ~$41,754,683 | ~$36,773,190 | ~2.0465% | ~$752,558 | +37.4% |
| 2029 | ~$48,942,349 | ~$40,450,509 | ~2.0465% | ~$827,814 | +61.0% |
| 2030 | ~$57,367,304 | ~$44,495,560 | ~2.0465% | ~$910,595 | +88.8% |
| 2031 | ~$67,242,533 | ~$48,945,116 | ~2.0465% | ~$1,001,654 | +121.3% |
| 2027 | ~$36,838,238 | ~$33,430,173 | ~1.9977% | ~$667,822 | +21.2% |
| 2028 | ~$44,653,116 | ~$36,773,190 | ~1.9488% | ~$716,650 | +46.9% |
| 2029 | ~$54,125,845 | ~$40,450,509 | ~1.9000% | ~$768,566 | +78.1% |
| 2030 | ~$65,608,122 | ~$44,495,560 | ~1.8512% | ~$823,699 | +115.9% |
| 2031 | ~$79,526,253 | ~$48,945,116 | ~1.8024% | ~$882,173 | +161.7% |
In 2025, this property's market value of $30,771,081 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 22× 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 | $30,771,081 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $21,384,108 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 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 | 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 | 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 | — |