2900 ESPERANZA CROSSING TX 78758
| Owner | 2900 ESPERANZA CROSSING LP |
|---|---|
| Parcel ID | 0256081013 |
| Short ID | 812919 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 110,457 SF |
| Land SF | 185,391 SF |
| Acres | 4.256 |
| Year Built | 2008 |
| Legal | LOT 3A RREEF DOMAIN BLOCK V SUBD |
| Neighborhood | 51NWE |
| Land | $18,539,136 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,539,136 |
| Improvement | $45,950,175 |
|---|---|
| Total Improvement | $45,950,175 |
| Market | $64,489,311 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $64,489,311 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $64,489,311 |
| Taxable Value | $64,489,311 |
|---|
Appreciation: Market value has fallen -21.9% from $82,525,049 (2021) to $64,489,311 (2025), a CAGR of -6.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $1,319,764. 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 29% of market value ($18,539,136 land vs $45,950,175 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $64,489,311, 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 -4.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $49,756,624 by 2031, with an estimated annual tax burden around $937,287. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 170,171 SF | ✓ |
| 1ST | 1st Floor | 40,254 SF | ✓ |
| 3RD | 3rd Floor | 35,103 SF | ✓ |
| 4TH | 4th Floor | 35,103 SF | ✓ |
| 2ND | 2nd Floor | 35,100 SF | ✓ |
| 5TH | 5th Floor | 34,708 SF | ✓ |
| 501 | CANOPY | 2,580 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% | $596,655.11 | $596,655.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $337,934.95 | $337,934.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $242,379.85 | $242,379.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $76,112.22 | $76,112.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $66,681.95 | $66,681.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,319,764.08 | $1,319,764.08 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $596,655.11 | 45.2% |
| CAT City of Austin | 0.5240% | $337,934.95 | 25.6% |
| TCO Travis County | 0.3758% | $242,379.85 | 18.4% |
| THD Travis Central Health | 0.1180% | $76,112.22 | 5.8% |
| ACT Austin Community College | 0.1034% | $66,681.95 | 5.1% |
| Total | 2.0465% | $1,319,764.08 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $64,079,387 | $64,489,311 | -0.6% |
| Assessed Value | $64,079,387 | $64,489,311 | -0.6% |
| Land Value | $18,539,136 | $18,539,136 | +0.0% |
| Improvement Value | $45,540,251 | $45,950,175 | -0.9% |
| Taxable Value | $64,079,387 | $64,489,311 | -0.6% |
| Total Tax 2026 = estimate |
~$1,311,375
Estimated
|
~$1,319,764
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $64,079,387 | $18,539,136 | $45,540,251 | — | $64,079,387 | $64,079,387 | Not yet — post-cert | Preliminary |
| 2025 | $64,489,311 | $18,539,136 | $45,950,175 | — | $64,489,311 | $64,489,311 | ~$1,319,764 | Partial |
| 2024 | $70,300,044 | $18,539,136 | $51,760,908 | — | $70,300,044 | $70,300,044 | $1,393,216 | Verified |
| 2023 | $94,150,007 | $18,539,136 | $75,610,871 | — | $94,150,007 | $94,150,007 | $1,671,759 | Verified |
| 2022 | $92,758,762 | $24,100,876 | $68,657,886 | — | $92,758,762 | $92,758,762 | $1,831,914 | Verified |
| 2021 | $82,525,049 | $11,123,482 | $71,401,567 | — | $82,525,049 | $82,525,049 | $1,796,305 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | -25.3% | -25.3% | ~100% | No billing data | Verified |
| 2023 | +1.5% | +1.5% | ~100% | No billing data | Verified |
| 2022 | +12.4% | +12.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | -4.1% | -4.9% | +12.4% | 2022 | -25.3% | 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
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,319,764 | $1,602,592 | ~$1,077,501 | $1,831,914 | 2022 | $1,319,764 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$60,917,891 | ~$60,917,891 | ~2.0139% | ~$1,226,848 | -4.9% |
| 2028 | ~$57,912,374 | ~$57,912,374 | ~1.9814% | ~$1,147,469 | -9.6% |
| 2029 | ~$55,055,141 | ~$55,055,141 | ~1.9488% | ~$1,072,936 | -14.1% |
| 2030 | ~$52,338,876 | ~$52,338,876 | ~1.9163% | ~$1,002,965 | -18.3% |
| 2031 | ~$49,756,624 | ~$49,756,624 | ~1.8837% | ~$937,287 | -22.4% |
| 2027 | ~$60,875,418 | ~$60,875,418 | ~2.0465% | ~$1,245,806 | -5.0% |
| 2028 | ~$57,831,647 | ~$57,831,647 | ~2.0465% | ~$1,183,516 | -9.7% |
| 2029 | ~$54,940,064 | ~$54,940,064 | ~2.0465% | ~$1,124,340 | -14.3% |
| 2030 | ~$52,193,061 | ~$52,193,061 | ~2.0465% | ~$1,068,123 | -18.5% |
| 2031 | ~$49,583,408 | ~$49,583,408 | ~2.0465% | ~$1,014,717 | -22.6% |
| 2027 | ~$62,199,479 | ~$62,199,479 | ~1.9977% | ~$1,242,536 | -2.9% |
| 2028 | ~$60,374,722 | ~$60,374,722 | ~1.9488% | ~$1,176,606 | -5.8% |
| 2029 | ~$58,603,498 | ~$58,603,498 | ~1.9000% | ~$1,113,476 | -8.5% |
| 2030 | ~$56,884,237 | ~$56,884,237 | ~1.8512% | ~$1,053,038 | -11.2% |
| 2031 | ~$55,215,414 | ~$55,215,414 | ~1.8024% | ~$995,187 | -13.8% |
In 2025, this property's market value of $64,489,311 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 47× 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 | $64,489,311 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $70,300,044 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $94,150,007 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $92,758,762 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $82,525,049 | $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 | — |