2800 ESPERANZA CROSSING B TX 78758
| Owner | ESPERANZA HOSPITALITY LLC |
|---|---|
| Parcel ID | 0256080907 |
| Short ID | 820059 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 48,951 SF |
| Land SF | 106,156 SF |
| Acres | 2.437 |
| Year Built | 2015 |
| Legal | LOT 1 & 2 BLK A IBM SUBD EAST RESUB OF LOT 1A BLK A AMENDED PLAT OF LOTS 1&2 BLK A |
| Neighborhood | 35NO2 |
| Land | $10,615,572 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,615,572 |
| Improvement | $10,384,428 |
|---|---|
| Total Improvement | $10,384,428 |
| Market | $21,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,000,000 |
| Exemptions (−) (SO) | −$14,553 |
|---|---|
| Taxable Value | $20,985,447 |
Appreciation: Market value has risen +25.1% from $16,790,000 (2021) to $21,000,000 (2025), a CAGR of 5.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $429,464. 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 51% of market value ($10,615,572 land vs $10,384,428 improvements), about $100/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 +7.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $33,012,539 by 2031, with an estimated annual tax burden around $621,871. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 1ST | 1st Floor | 16,317 SF | ✓ |
| 2ND | 2nd Floor | 16,317 SF | ✓ |
| 3RD | 3rd Floor | 16,317 SF | ✓ |
| 4TH | 4th Floor | 16,317 SF | ✓ |
| 5TH | 5th Floor | 16,317 SF | ✓ |
| 611 | TERRACE | 2,269 SF | ✗ |
| 501 | CANOPY | 867 SF | ✗ |
| 601 | POOL COMM'L | 750 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 42 SF | ✓ |
| 482 | LIGHT POLES | 9 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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% | $194,157.36 | $194,157.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $109,967.31 | $109,967.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,872.75 | $78,872.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,767.65 | $24,767.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,698.95 | $21,698.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $429,464.02 | $429,464.02 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $194,157.36 | 45.2% |
| CAT City of Austin | 0.5240% | $109,967.31 | 25.6% |
| TCO Travis County | 0.3758% | $78,872.75 | 18.4% |
| THD Travis Central Health | 0.1180% | $24,767.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $21,698.95 | 5.1% |
| Total | 2.0465% | $429,464.02 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,543,163 | $21,000,000 | +12.1% |
| Assessed Value | $23,543,163 | $21,000,000 | +12.1% |
| Land Value | $10,615,572 | $10,615,572 | +0.0% |
| Improvement Value | $12,927,591 | $10,384,428 | +24.5% |
| Taxable Value | $23,528,610 | $20,985,447 | +12.1% |
| Exemptions | SO | SO | |
| Total Tax 2026 = estimate |
~$481,509
Estimated
|
~$429,464
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $23,543,163 | $10,615,572 | $12,927,591 | — | $23,543,163 | $23,528,610 | Not yet — post-cert | Preliminary |
| 2025 | $21,000,000 | $10,615,572 | $10,384,428 | — | $21,000,000 | $20,985,447 | ~$429,464 | Partial |
| 2024 | $23,000,000 | $10,615,572 | $12,384,428 | — | $23,000,000 | $22,980,353 | $436,623 | Verified |
| 2023 | $22,502,055 | $10,615,572 | $11,886,483 | — | $22,502,055 | $22,479,226 | $383,543 | Verified |
| 2022 | $20,150,000 | $6,900,122 | $13,249,878 | — | $20,150,000 | $20,150,000 | $376,370 | Verified |
| 2021 | $16,790,000 | $6,369,343 | $10,420,657 | — | $16,790,000 | $16,790,000 | $340,809 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2025 | -8.7% | -8.7% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | No billing data | Verified |
| 2023 | +11.7% | +11.7% | ~100% | No billing data | Verified |
| 2022 | +20.0% | +20.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.1% | +7.5% | +7.0% | +20.0% | 2022 | -8.7% | 2025 |
| 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 |
$429,464 | $393,362 | ~$563,291 | $436,623 | 2024 | $340,809 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$25,189,969 | ~$25,189,969 | ~2.0139% | ~$507,310 | +7.0% |
| 2028 | ~$26,951,966 | ~$26,951,966 | ~1.9814% | ~$534,023 | +14.5% |
| 2029 | ~$28,837,212 | ~$28,837,212 | ~1.9488% | ~$561,991 | +22.5% |
| 2030 | ~$30,854,329 | ~$30,854,329 | ~1.9163% | ~$591,259 | +31.1% |
| 2031 | ~$33,012,539 | ~$33,012,539 | ~1.8837% | ~$621,871 | +40.2% |
| 2027 | ~$24,719,106 | ~$24,719,106 | ~2.0465% | ~$505,873 | +5.0% |
| 2028 | ~$25,953,785 | ~$25,953,785 | ~2.0465% | ~$531,140 | +10.2% |
| 2029 | ~$27,250,134 | ~$27,250,134 | ~2.0465% | ~$557,670 | +15.7% |
| 2030 | ~$28,611,234 | ~$28,611,234 | ~2.0465% | ~$585,525 | +21.5% |
| 2031 | ~$30,040,319 | ~$30,040,319 | ~2.0465% | ~$614,771 | +27.6% |
| 2027 | ~$25,660,832 | ~$25,660,832 | ~1.9977% | ~$512,617 | +9.0% |
| 2028 | ~$27,968,982 | ~$27,968,982 | ~1.9488% | ~$545,071 | +18.8% |
| 2029 | ~$30,484,747 | ~$30,484,747 | ~1.9000% | ~$579,215 | +29.5% |
| 2030 | ~$33,226,800 | ~$33,226,800 | ~1.8512% | ~$615,093 | +41.1% |
| 2031 | ~$36,215,497 | ~$36,215,497 | ~1.8024% | ~$652,738 | +53.8% |
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 | $23,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $22,502,055 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $20,150,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $16,790,000 | $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 | 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 | — |