700 DELMAR AVE TX 78752
| Owner | PRAYOGI LLC |
|---|---|
| Parcel ID | 0231140214 |
| Short ID | 232582 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 34,349 SF |
| Land SF | 75,315 SF |
| Acres | 1.729 |
| Year Built | 1997 |
| Legal | LOT 1-3 BLK 1 & S 5FT OF LT 3 LOT 1-3 BLK 6 LESS S 5FT ST JOHNS HOME ADDN ABS 789 SUR 57 .516AC JP WALLACE +PT VAC ST & ALLEY (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NC2 |
| Land | $2,259,457 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,259,457 |
| Improvement | $2,090,543 |
|---|---|
| Total Improvement | $2,090,543 |
| Market | $4,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,350,000 |
| Taxable Value | $4,350,000 |
|---|
Appreciation: Market value has risen +14.8% from $3,787,883 (2021) to $4,350,000 (2025), a CAGR of 3.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $89,022. 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 52% of market value ($2,259,457 land vs $2,090,543 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,350,000, 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 +4.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,770,503 by 2031, with an estimated annual tax burden around $108,701. 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 | 34,848 SF | ✗ |
| 551 | PAVED AREA | 31,920 SF | ✗ |
| 2ND | 2nd Floor | 25,848 SF | ✓ |
| SO | Sketch Only | 25,848 SF | ✗ |
| 1ST | 1st Floor | 8,501 SF | ✓ |
| 601 | POOL COMM'L | 504 SF | ✗ |
| LOBBY | Lobby | 499 SF | ✓ |
| 501 | CANOPY | 256 SF | ✗ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 449 | SPA | 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% | $40,246.20 | $40,246.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,794.74 | $22,794.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,349.26 | $16,349.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,134.00 | $5,134.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,497.90 | $4,497.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $89,022.10 | $89,022.10 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $40,246.20 | 45.2% |
| CAT City of Austin | 0.5240% | $22,794.74 | 25.6% |
| TCO Travis County | 0.3758% | $16,349.26 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,134.00 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,497.90 | 5.1% |
| Total | 2.0465% | $89,022.10 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,675,253 | $4,350,000 | +7.5% |
| Assessed Value | $4,675,253 | $4,350,000 | +7.5% |
| Land Value | $2,259,457 | $2,259,457 | +0.0% |
| Improvement Value | $2,415,796 | $2,090,543 | +15.6% |
| Taxable Value | $4,675,253 | $4,350,000 | +7.5% |
| Total Tax 2026 = estimate |
~$95,678
Estimated
|
~$89,022
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,675,253 | $2,259,457 | $2,415,796 | — | $4,675,253 | $4,675,253 | Not yet — post-cert | Preliminary |
| 2025 | $4,350,000 | $2,259,457 | $2,090,543 | — | $4,350,000 | $4,350,000 | ~$89,022 | Partial |
| 2024 | $4,400,000 | $2,259,457 | $2,140,543 | — | $4,400,000 | $4,400,000 | $87,200 | Verified |
| 2023 | $5,000,000 | $1,506,305 | $3,493,695 | — | $5,000,000 | $5,000,000 | $90,462 | Verified |
| 2022 | $4,110,000 | $1,506,305 | $2,603,695 | — | $4,110,000 | $4,110,000 | $68,599 | Verified |
| 2021 | $3,787,883 | $1,129,729 | $2,658,154 | — | $3,787,883 | $3,787,883 | $65,720 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | -12.0% | -12.0% | ~100% | No billing data | Verified |
| 2023 | +21.7% | +21.7% | ~100% | No billing data | Verified |
| 2022 | +8.5% | +8.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.5% | +4.9% | +4.3% | +21.7% | 2023 | -12.0% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$89,022 | $80,200 | ~$103,415 | $90,462 | 2023 | $65,720 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,876,260 | ~$4,876,260 | ~2.0139% | ~$98,205 | +4.3% |
| 2028 | ~$5,085,908 | ~$5,085,908 | ~1.9814% | ~$100,772 | +8.8% |
| 2029 | ~$5,304,571 | ~$5,304,571 | ~1.9488% | ~$103,378 | +13.5% |
| 2030 | ~$5,532,634 | ~$5,532,634 | ~1.9163% | ~$106,021 | +18.3% |
| 2031 | ~$5,770,503 | ~$5,770,503 | ~1.8837% | ~$108,701 | +23.4% |
| 2027 | ~$4,782,755 | ~$4,782,755 | ~2.0465% | ~$97,878 | +2.3% |
| 2028 | ~$4,892,728 | ~$4,892,728 | ~2.0465% | ~$100,129 | +4.7% |
| 2029 | ~$5,005,230 | ~$5,005,230 | ~2.0465% | ~$102,431 | +7.1% |
| 2030 | ~$5,120,320 | ~$5,120,320 | ~2.0465% | ~$104,787 | +9.5% |
| 2031 | ~$5,238,055 | ~$5,238,055 | ~2.0465% | ~$107,196 | +12.0% |
| 2027 | ~$4,969,765 | ~$4,969,765 | ~1.9977% | ~$99,279 | +6.3% |
| 2028 | ~$5,282,829 | ~$5,282,829 | ~1.9488% | ~$102,954 | +13.0% |
| 2029 | ~$5,615,614 | ~$5,615,614 | ~1.9000% | ~$106,698 | +20.1% |
| 2030 | ~$5,969,363 | ~$5,969,363 | ~1.8512% | ~$110,504 | +27.7% |
| 2031 | ~$6,345,396 | ~$6,345,396 | ~1.8024% | ~$114,368 | +35.7% |
In 2025, this property's market value of $4,350,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 3× 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 | $4,350,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,400,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,110,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,787,883 | $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 | — |