2006 GRAND AVENUE PKWY TX 78728
| Owner | ITS AUSTIN GRAND AVENUE LP |
|---|---|
| Parcel ID | 0276261105 |
| Short ID | 832113 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 40,410 SF |
| Land SF | 117,429 SF |
| Acres | 2.696 |
| Year Built | 2019 |
| Legal | 2.6958AC OF LOT 1 BLK A THREE POINTS NORTH SUBD |
| Neighborhood | 35NO3 |
| Land | $939,432 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $939,432 |
| Improvement | $8,573,496 |
|---|---|
| Total Improvement | $8,573,496 |
| Market | $9,512,928 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,512,928 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,512,928 |
| Taxable Value | $9,512,928 |
|---|
Appreciation: Market value has risen +80.9% from $5,260,000 (2021) to $9,512,928 (2025), a CAGR of 16.0% over 4 years. This is strong appreciation — well above typical inflation. 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 1.7240% in 2025 (+0.0338% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $164,006. Pflugerville ISD is the largest single contributor, at 64.2% 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 10% of market value ($939,432 land vs $8,573,496 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,512,928, 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 +13.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $18,104,340 by 2031, with an estimated annual tax burden around $218,275. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 13,470 SF | ✓ |
| 2ND | 2nd Floor | 13,470 SF | ✓ |
| 3RD | 3rd Floor | 13,470 SF | ✓ |
| 4TH | 4th Floor | 13,470 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% | $105,298.60 | $105,298.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $35,753.86 | $35,753.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,227.44 | $11,227.44 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $8,824.67 | $8,824.67 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $2,901.44 | $2,901.44 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $164,006.01 | $164,006.01 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $105,298.60 | 64.2% |
| TCO Travis County | 0.3758% | $35,753.86 | 21.8% |
| THD Travis Central Health | 0.1180% | $11,227.44 | 6.8% |
| E02 Travis County ESD # 02 | 0.0928% | $8,824.67 | 5.4% |
| E17 Travis County ESD #17 | 0.0305% | $2,901.44 | 1.8% |
| Total | 1.7240% | $164,006.01 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,758,526 | $9,512,928 | +2.6% |
| Assessed Value | $9,758,526 | $9,512,928 | +2.6% |
| Land Value | $939,432 | $939,432 | +0.0% |
| Improvement Value | $8,819,094 | $8,573,496 | +2.9% |
| Taxable Value | $9,758,526 | $9,512,928 | +2.6% |
| Total Tax 2026 = estimate |
~$168,240
Estimated
|
~$164,006
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,758,526 | $939,432 | $8,819,094 | — | $9,758,526 | $9,758,526 | Not yet — post-cert | Preliminary |
| 2025 | $9,512,928 | $939,432 | $8,573,496 | — | $9,512,928 | $9,512,928 | ~$164,006 | Partial |
| 2024 | $10,300,000 | $939,432 | $9,360,568 | — | $10,300,000 | $10,300,000 | $174,092 | Verified |
| 2023 | $9,617,501 | $939,432 | $8,678,069 | — | $9,617,501 | $9,617,501 | $155,308 | Verified |
| 2022 | $8,310,000 | $939,432 | $7,370,568 | — | $8,310,000 | $8,310,000 | $148,419 | Verified |
| 2021 | $5,260,000 | $939,432 | $4,320,568 | — | $5,260,000 | $5,260,000 | $104,789 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.6% | +2.6% | ~100% | Not available | Partial |
| 2025 | -7.6% | -7.6% | ~100% | Not available | Partial |
| 2024 | +7.1% | +7.1% | ~100% | No billing data | Verified |
| 2023 | +15.7% | +15.7% | ~100% | No billing data | Verified |
| 2022 | +58.0% | +58.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +80.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.6% | +15.2% | +13.2% | +58.0% | 2022 | -7.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$164,006 | $149,323 | ~$197,940 | $174,092 | 2024 | $104,789 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,042,411 | ~$10,734,379 | ~1.6570% | ~$177,868 | +13.2% |
| 2028 | ~$12,495,212 | ~$11,807,816 | ~1.5900% | ~$187,740 | +28.0% |
| 2029 | ~$14,139,150 | ~$12,988,598 | ~1.5229% | ~$197,806 | +44.9% |
| 2030 | ~$15,999,375 | ~$14,287,458 | ~1.4559% | ~$208,009 | +64.0% |
| 2031 | ~$18,104,340 | ~$15,716,204 | ~1.3888% | ~$218,275 | +85.5% |
| 2027 | ~$10,847,241 | ~$10,734,379 | ~1.7240% | ~$185,064 | +11.2% |
| 2028 | ~$12,057,419 | ~$11,807,816 | ~1.7240% | ~$203,571 | +23.6% |
| 2029 | ~$13,402,610 | ~$12,988,598 | ~1.7240% | ~$223,928 | +37.3% |
| 2030 | ~$14,897,879 | ~$14,287,458 | ~1.7240% | ~$246,320 | +52.7% |
| 2031 | ~$16,559,969 | ~$15,716,204 | ~1.7240% | ~$270,953 | +69.7% |
| 2027 | ~$11,237,582 | ~$10,734,379 | ~1.6235% | ~$174,270 | +15.2% |
| 2028 | ~$12,940,811 | ~$11,807,816 | ~1.5229% | ~$179,824 | +32.6% |
| 2029 | ~$14,902,192 | ~$12,988,598 | ~1.4224% | ~$184,746 | +52.7% |
| 2030 | ~$17,160,850 | ~$14,287,458 | ~1.3218% | ~$188,854 | +75.9% |
| 2031 | ~$19,761,843 | ~$15,716,204 | ~1.2213% | ~$191,936 | +102.5% |
In 2025, this property's market value of $9,512,928 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× 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 | $9,512,928 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $10,300,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $9,617,501 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $8,310,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $5,260,000 | $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 | — |