111 CANYON RIDGE DR. 78753
| Owner | TECHSTAR HOSPITALITY LLC |
|---|---|
| Parcel ID | 0256230405 |
| Short ID | 985839 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 51,000 SF |
| Land SF | 110,991 SF |
| Acres | 2.548 |
| Year Built | 2024 |
| Legal | 2.5480AC OF LOT 2 QUIKTRIP NO 4129 |
| Neighborhood | NE1 |
| Land | $1,664,863 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,664,863 |
| Improvement | $94,916 |
|---|---|
| Total Improvement | $94,916 |
| Market | $1,759,779 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,759,779 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,759,779 |
| Taxable Value | $1,759,779 |
|---|
Appreciation: Market value has fallen -0.0% from $1,759,850 (2024) to $1,759,779 (2025), a CAGR of -0.0% over 1 year. Growth has been relatively flat for this asset class. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +27.9%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $39,211. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Land / Vacant. 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 95% of market value ($1,664,863 land vs $94,916 improvements), about $15/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,759,779, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +0.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,787,411 by 2031, with an estimated annual tax burden around $33,687. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 51,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $19,478.99 | $19,478.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,221.54 | $9,221.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,614.04 | $6,614.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,076.94 | $2,076.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,819.61 | $1,819.61 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $39,211.12 | $39,211.12 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $19,478.99 | 49.7% |
| CAT City of Austin | 0.5240% | $9,221.54 | 23.5% |
| TCO Travis County | 0.3758% | $6,614.04 | 16.9% |
| THD Travis Central Health | 0.1180% | $2,076.94 | 5.3% |
| ACT Austin Community College | 0.1034% | $1,819.61 | 4.6% |
| Total | 2.2282% | $39,211.12 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,767,681 | $1,759,779 | +0.4% |
| Assessed Value | $1,767,681 | $1,759,779 | +0.4% |
| Land Value | $1,664,863 | $1,664,863 | +0.0% |
| Improvement Value | $102,818 | $94,916 | +8.3% |
| Taxable Value | $1,767,681 | $1,759,779 | +0.4% |
| Total Tax 2026 = estimate |
~$39,387
Estimated
|
~$39,211
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,767,681 | $1,664,863 | $102,818 | — | $1,767,681 | $1,767,681 | Not yet — post-cert | Preliminary |
| 2025 | $1,759,779 | $1,664,863 | $94,916 | — | $1,759,779 | $1,759,779 | ~$39,211 | Partial |
| 2024 | $1,759,850 | $1,664,863 | $94,987 | — | $1,759,850 | $1,759,850 | $37,629 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +0.2% | +0.2% | +0.4% | 2026 | +-0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$39,211 | $38,420 | ~$35,978 | $39,211 | 2025 | $37,629 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,771,610 | ~$1,771,610 | ~2.1595% | ~$38,258 | +0.2% |
| 2028 | ~$1,775,547 | ~$1,775,547 | ~2.0908% | ~$37,123 | +0.4% |
| 2029 | ~$1,779,493 | ~$1,779,493 | ~2.0221% | ~$35,983 | +0.7% |
| 2030 | ~$1,783,448 | ~$1,783,448 | ~1.9534% | ~$34,838 | +0.9% |
| 2031 | ~$1,787,411 | ~$1,787,411 | ~1.8847% | ~$33,687 | +1.1% |
| 2027 | ~$1,736,256 | ~$1,736,256 | ~2.2282% | ~$38,687 | -1.8% |
| 2028 | ~$1,705,390 | ~$1,705,390 | ~2.2282% | ~$37,999 | -3.5% |
| 2029 | ~$1,675,072 | ~$1,675,072 | ~2.2282% | ~$37,324 | -5.2% |
| 2030 | ~$1,645,293 | ~$1,645,293 | ~2.2282% | ~$36,660 | -6.9% |
| 2031 | ~$1,616,044 | ~$1,616,044 | ~2.2282% | ~$36,008 | -8.6% |
| 2027 | ~$1,806,963 | ~$1,806,963 | ~2.1251% | ~$38,400 | +2.2% |
| 2028 | ~$1,847,118 | ~$1,847,118 | ~2.0221% | ~$37,350 | +4.5% |
| 2029 | ~$1,888,166 | ~$1,888,166 | ~1.9190% | ~$36,235 | +6.8% |
| 2030 | ~$1,930,125 | ~$1,930,125 | ~1.8160% | ~$35,051 | +9.2% |
| 2031 | ~$1,973,018 | ~$1,973,018 | ~1.7129% | ~$33,797 | +11.6% |
In 2025, this property's market value of $1,759,779 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 21× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,759,779 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,759,850 | $23,000 | $66,000 | $328,966 | ↑ 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 | — |