8901 BUSINESS PARK DR TX 78759
| Owner | PINNACLE AUSTIN NW LLC |
|---|---|
| Parcel ID | 0248030404 |
| Short ID | 255049 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 90,428 SF |
| Land SF | 199,548 SF |
| Acres | 4.581 |
| Year Built | 1984 |
| Legal | LOT 1 NORTH CROSSING SUBD SEC 3 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34NW1 |
| Land | $11,972,902 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,972,902 |
| Improvement | $9,027,098 |
|---|---|
| Total Improvement | $9,027,098 |
| Market | $21,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,000,000 |
| Taxable Value | $21,000,000 |
|---|
Appreciation: Market value has risen +10.5% from $19,010,000 (2021) to $21,000,000 (2025), a CAGR of 2.5% over 4 years. Growth has been relatively flat for this asset class. 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 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 $429,762. 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 57% of market value ($11,972,902 land vs $9,027,098 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $21,000,000, 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 +7.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $38,828,028 by 2031, with an estimated annual tax burden around $731,420. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 120,557 SF | ✗ |
| 551 | PAVED AREA | 73,800 SF | ✗ |
| 1ST | 1st Floor | 37,508 SF | ✓ |
| 2ND | 2nd Floor | 29,961 SF | ✓ |
| 4TH | 4th Floor | 23,214 SF | ✓ |
| 3RD | 3rd Floor | 22,959 SF | ✓ |
| LOBBY | Lobby | 7,548 SF | ✓ |
| 501 | CANOPY | 3,145 SF | ✗ |
| 601 | POOL COMM'L | 1,804 SF | ✗ |
| 611 | TERRACE | 1,781 SF | ✗ |
| 571C | STORAGE DET COMM | 1,738 SF | ✓ |
| 407 | LOADING DOCK | 182 SF | ✓ |
| 482 | LIGHT POLES | 16 SF | ✓ |
| 304 | ENTRANCE FV | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 539 | FENCE FV | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +9,748 |
| Travis County | 0.3444% | 0.3758% | +6,594 |
| Austin ISD | 0.9505% | 0.9252% | -5,313 |
| Travis Central Health | 0.1080% | 0.1180% | +2,111 |
| Austin Community College | 0.1013% | 0.1034% | +441 |
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% | $194,292.00 | $120,276.00 | $74,016.00 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $110,043.57 | $68,122.21 | $41,921.36 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,927.45 | $48,859.85 | $30,067.60 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,784.83 | $15,342.99 | $9,441.84 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,714.00 | $13,442.00 | $8,272.00 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $429,761.85 | $266,043.05 | $163,718.80 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $194,292.00 | 45.2% |
| CAT City of Austin | 0.5240% | $110,043.57 | 25.6% |
| TCO Travis County | 0.3758% | $78,927.45 | 18.4% |
| THD Travis Central Health | 0.1180% | $24,784.83 | 5.8% |
| ACT Austin Community College | 0.1034% | $21,714.00 | 5.1% |
| Total | 2.0465% | $429,761.85 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,168,379 | $21,000,000 | +29.4% |
| Assessed Value | $27,168,379 | $21,000,000 | +29.4% |
| Land Value | $11,972,902 | $11,972,902 | +0.0% |
| Improvement Value | $15,195,477 | $9,027,098 | +68.3% |
| Taxable Value | $27,168,379 | $21,000,000 | +29.4% |
| Total Tax 2026 = estimate |
~$555,997
Estimated
|
$429,762 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $27,168,379 | $11,972,902 | $15,195,477 | — | $27,168,379 | $27,168,379 | Not yet — post-cert | Preliminary |
| 2025 | $21,000,000 | $11,972,902 | $9,027,098 | — | $21,000,000 | $21,000,000 | $429,762 | Verified |
| 2024 | $17,830,432 | $11,972,902 | $5,857,530 | — | $17,830,432 | $17,830,432 | $317,051 | Verified |
| 2023 | $19,872,826 | $3,990,967 | $15,881,859 | — | $19,872,826 | $19,872,826 | $359,549 | Verified |
| 2022 | $21,950,000 | $3,990,967 | $17,959,033 | — | $21,950,000 | $21,950,000 | $387,528 | Verified |
| 2021 | $19,010,000 | $3,990,967 | $15,019,033 | — | $19,010,000 | $19,010,000 | $413,787 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.4% | +29.4% | ~100% | Not available | Partial |
| 2025 | +17.8% | +17.8% | ~100% | 2.0500% | Verified |
| 2024 | -10.3% | -10.3% | ~100% | No billing data | Verified |
| 2023 | -9.5% | -9.5% | ~100% | No billing data | Verified |
| 2022 | +15.5% | +15.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +29.4% | +8.6% | +7.4% | +29.4% | 2026 | -10.3% | 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 | $429,762 | $381,535 | ~$657,758 | $429,762 | 2025 | $317,051 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$29,179,648 | ~$29,179,648 | ~2.0139% | ~$587,660 | +7.4% |
| 2028 | ~$31,339,811 | ~$31,339,811 | ~1.9814% | ~$620,963 | +15.4% |
| 2029 | ~$33,659,890 | ~$33,659,890 | ~1.9488% | ~$655,977 | +23.9% |
| 2030 | ~$36,151,724 | ~$36,151,724 | ~1.9163% | ~$692,772 | +33.1% |
| 2031 | ~$38,828,028 | ~$38,828,028 | ~1.8837% | ~$731,420 | +42.9% |
| 2027 | ~$28,636,280 | ~$28,636,280 | ~2.0465% | ~$586,037 | +5.4% |
| 2028 | ~$30,183,492 | ~$30,183,492 | ~2.0465% | ~$617,701 | +11.1% |
| 2029 | ~$31,814,300 | ~$31,814,300 | ~2.0465% | ~$651,075 | +17.1% |
| 2030 | ~$33,533,219 | ~$33,533,219 | ~2.0465% | ~$686,252 | +23.4% |
| 2031 | ~$35,345,011 | ~$35,345,011 | ~2.0465% | ~$723,330 | +30.1% |
| 2027 | ~$29,723,016 | ~$29,723,016 | ~1.9977% | ~$593,765 | +9.4% |
| 2028 | ~$32,517,864 | ~$32,517,864 | ~1.9488% | ~$633,721 | +19.7% |
| 2029 | ~$35,575,512 | ~$35,575,512 | ~1.9000% | ~$675,941 | +30.9% |
| 2030 | ~$38,920,669 | ~$38,920,669 | ~1.8512% | ~$720,497 | +43.3% |
| 2031 | ~$42,580,371 | ~$42,580,371 | ~1.8024% | ~$767,456 | +56.7% |
In 2025, this property's market value of $21,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 15× 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 | $21,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $17,830,432 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $19,872,826 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $21,950,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $19,010,000 | $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 | — |