1603 E OLTORF ST TX 78741
| Owner | SLAVIK PROPERTIES LLC |
|---|---|
| Parcel ID | 0305030407 |
| Short ID | 285901 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 50,950 SF |
| Land SF | 100,972 SF |
| Acres | 2.318 |
| Year Built | 1974 |
| Legal | 2.3180 AC OF TRT 1 MIRACLE HILL SUBD (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SE1 |
| Land | $2,524,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,524,300 |
| Improvement | $2,471,302 |
|---|---|
| Total Improvement | $2,471,302 |
| Market | $4,995,602 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,995,602 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,995,602 |
| Taxable Value | $4,995,602 |
|---|
Appreciation: Market value has fallen -27.2% from $6,860,000 (2021) to $4,995,602 (2025), a CAGR of -7.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $102,234. 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 ($2,524,300 land vs $2,471,302 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,995,602, 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 -6.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,539,907 by 2031, with an estimated annual tax burden around $66,683. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 64,588 SF | ✗ |
| 2ND | 2nd Floor | 26,109 SF | ✓ |
| 551 | PAVED AREA | 25,620 SF | ✗ |
| 1ST | 1st Floor | 24,841 SF | ✓ |
| 501 | CANOPY | 12,319 SF | ✗ |
| 611 | TERRACE | 1,557 SF | ✗ |
| LOBBY | Lobby | 1,430 SF | ✓ |
| 601 | POOL COMM'L | 700 SF | ✗ |
| 152 | COMMODE AVG | 106 SF | ✓ |
| 162 | LAVATORY AVG | 106 SF | ✓ |
| 142 | BATHTUB AVG | 105 SF | ✓ |
| 511 | DECK | 36 SF | ✗ |
| 192 | WATER HTR AVG | 2 SF | ✓ |
| MISC | Miscellaneous | 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% | $46,219.31 | $46,219.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,177.80 | $26,177.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,775.72 | $18,775.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,895.96 | $5,895.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,165.45 | $5,165.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $102,234.24 | $102,234.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $46,219.31 | 45.2% |
| CAT City of Austin | 0.5240% | $26,177.80 | 25.6% |
| TCO Travis County | 0.3758% | $18,775.72 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,895.96 | 5.8% |
| ACT Austin Community College | 0.1034% | $5,165.45 | 5.1% |
| Total | 2.0465% | $102,234.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,927,856 | $4,995,602 | -1.4% |
| Assessed Value | $4,927,856 | $4,995,602 | -1.4% |
| Land Value | $2,524,300 | $2,524,300 | +0.0% |
| Improvement Value | $2,403,556 | $2,471,302 | -2.7% |
| Taxable Value | $4,927,856 | $4,995,602 | -1.4% |
| Total Tax 2026 = estimate |
~$100,848
Estimated
|
~$102,234
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,927,856 | $2,524,300 | $2,403,556 | — | $4,927,856 | $4,927,856 | Not yet — post-cert | Preliminary |
| 2025 | $4,995,602 | $2,524,300 | $2,471,302 | — | $4,995,602 | $4,995,602 | ~$102,234 | Partial |
| 2024 | $7,962,194 | $2,524,300 | $5,437,894 | — | $7,962,194 | $7,962,194 | $129,706 | Verified |
| 2023 | $6,900,000 | $2,524,300 | $4,375,700 | — | $6,900,000 | $6,900,000 | $116,407 | Verified |
| 2022 | $5,527,050 | $2,524,300 | $3,002,750 | — | $5,527,050 | $5,527,050 | $109,155 | Verified |
| 2021 | $6,860,000 | $2,524,300 | $4,335,700 | — | $6,860,000 | $6,860,000 | $137,718 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2025 | -37.3% | -37.3% | ~100% | Not available | Partial |
| 2024 | +15.4% | +15.4% | ~100% | No billing data | Verified |
| 2023 | +24.8% | +24.8% | ~100% | No billing data | Verified |
| 2022 | -19.4% | -19.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -27.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.4% | -3.6% | -6.4% | +24.8% | 2023 | -37.3% | 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 |
$102,234 | $119,044 | ~$79,267 | $137,718 | 2021 | $102,234 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,612,377 | ~$4,612,377 | ~2.0139% | ~$92,890 | -6.4% |
| 2028 | ~$4,317,095 | ~$4,317,095 | ~1.9814% | ~$85,538 | -12.4% |
| 2029 | ~$4,040,716 | ~$4,040,716 | ~1.9488% | ~$78,747 | -18.0% |
| 2030 | ~$3,782,031 | ~$3,782,031 | ~1.9163% | ~$72,475 | -23.3% |
| 2031 | ~$3,539,907 | ~$3,539,907 | ~1.8837% | ~$66,683 | -28.2% |
| 2027 | ~$4,681,463 | ~$4,681,463 | ~2.0465% | ~$95,805 | -5.0% |
| 2028 | ~$4,447,390 | ~$4,447,390 | ~2.0465% | ~$91,015 | -9.8% |
| 2029 | ~$4,225,021 | ~$4,225,021 | ~2.0465% | ~$86,464 | -14.3% |
| 2030 | ~$4,013,770 | ~$4,013,770 | ~2.0465% | ~$82,141 | -18.5% |
| 2031 | ~$3,813,081 | ~$3,813,081 | ~2.0465% | ~$78,034 | -22.6% |
| 2027 | ~$4,710,934 | ~$4,710,934 | ~1.9977% | ~$94,109 | -4.4% |
| 2028 | ~$4,503,561 | ~$4,503,561 | ~1.9488% | ~$87,767 | -8.6% |
| 2029 | ~$4,305,316 | ~$4,305,316 | ~1.9000% | ~$81,802 | -12.6% |
| 2030 | ~$4,115,798 | ~$4,115,798 | ~1.8512% | ~$76,191 | -16.5% |
| 2031 | ~$3,934,622 | ~$3,934,622 | ~1.8024% | ~$70,916 | -20.2% |
In 2025, this property's market value of $4,995,602 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 4× 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 | $4,995,602 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,962,194 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,900,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $5,527,050 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $6,860,000 | $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 | — |