BEN GARZA LN TX 78749
| Owner | PATH HOTEL SIX LLC |
|---|---|
| Parcel ID | 0412231304 |
| Short ID | 889263 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 81,467 SF |
| Land SF | 74,400 SF |
| Acres | 1.708 |
| Year Built | 2021 |
| Legal | LOT 5 BLK A RANCHO GARZA SUBD AMENDED |
| Neighborhood | 35SO1 |
| Land | $2,604,017 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,604,017 |
| Improvement | $17,536,085 |
|---|---|
| Total Improvement | $17,536,085 |
| Market | $20,140,102 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,140,102 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,140,102 |
| Taxable Value | $20,140,102 |
|---|
Appreciation: Market value has risen +184.5% from $7,078,203 (2021) to $20,140,102 (2025), a CAGR of 29.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $412,164. 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 13% of market value ($2,604,017 land vs $17,536,085 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $20,140,102, 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 +27.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $81,335,361 by 2031, with an estimated annual tax burden around $727,924. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 81,467 SF | ✓ |
| 601 | POOL COMM'L | 3,290 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% | $161,910.00 | $161,910.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $91,702.98 | $91,702.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $65,772.88 | $65,772.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,654.03 | $20,654.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,095.00 | $18,095.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $358,134.89 | $358,134.89 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $161,910.00 | 45.2% |
| CAT City of Austin | 0.5240% | $91,702.98 | 25.6% |
| TCO Travis County | 0.3758% | $65,772.88 | 18.4% |
| THD Travis Central Health | 0.1180% | $20,654.03 | 5.8% |
| ACT Austin Community College | 0.1034% | $18,095.00 | 5.1% |
| Total | 2.0465% | $358,134.89 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,993,920 | $20,140,102 | +19.1% |
| Assessed Value | $23,993,920 | $20,140,102 | +19.1% |
| Land Value | $2,604,017 | $2,604,017 | +0.0% |
| Improvement Value | $21,389,903 | $17,536,085 | +22.0% |
| Taxable Value | $23,993,920 | $20,140,102 | +19.1% |
| Total Tax 2026 = estimate |
~$491,032
Estimated
|
~$358,135
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $23,993,920 | $2,604,017 | $21,389,903 | — | $23,993,920 | $23,993,920 | Not yet — post-cert | Preliminary |
| 2025 | $20,140,102 | $2,604,017 | $17,536,085 | — | $20,140,102 | $20,140,102 | ~$358,135 | Partial |
| 2024 | $16,000,000 | $2,604,017 | $13,395,983 | — | $16,000,000 | $16,000,000 | $289,823 | Verified |
| 2023 | $10,975,971 | $2,604,017 | $8,371,954 | — | $10,975,971 | $10,975,971 | $198,582 | Verified |
| 2022 | $10,975,971 | $2,604,017 | $8,371,954 | — | $10,975,971 | $10,975,971 | $216,767 | Verified |
| 2021 | $7,078,203 | $2,604,017 | $4,474,186 | — | $7,078,203 | $7,078,203 | $146,234 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.1% | +19.1% | ~100% | Not available | Partial |
| 2025 | +25.9% | +25.9% | ~100% | Not available | Partial |
| 2024 | +45.8% | +45.8% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +55.1% | +55.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +184.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.1% | +29.2% | +27.7% | +55.1% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$358,135 | $241,908 | ~$626,056 | $358,135 | 2025 | $146,234 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$30,629,284 | ~$26,393,312 | ~2.0139% | ~$531,545 | +27.7% |
| 2028 | ~$39,099,615 | ~$29,032,643 | ~1.9814% | ~$575,249 | +63.0% |
| 2029 | ~$49,912,362 | ~$31,935,908 | ~1.9488% | ~$622,380 | +108.0% |
| 2030 | ~$63,715,304 | ~$35,129,498 | ~1.9163% | ~$673,183 | +165.5% |
| 2031 | ~$81,335,361 | ~$38,642,448 | ~1.8837% | ~$727,924 | +239.0% |
| 2027 | ~$30,149,406 | ~$26,393,312 | ~2.0465% | ~$540,135 | +25.7% |
| 2028 | ~$37,884,041 | ~$29,032,643 | ~2.0465% | ~$594,149 | +57.9% |
| 2029 | ~$47,602,948 | ~$31,935,908 | ~2.0465% | ~$653,564 | +98.4% |
| 2030 | ~$59,815,178 | ~$35,129,498 | ~2.0465% | ~$718,920 | +149.3% |
| 2031 | ~$75,160,377 | ~$38,642,448 | ~2.0465% | ~$790,812 | +213.2% |
| 2027 | ~$31,109,162 | ~$26,393,312 | ~1.9977% | ~$527,249 | +29.7% |
| 2028 | ~$40,334,384 | ~$29,032,643 | ~1.9488% | ~$565,800 | +68.1% |
| 2029 | ~$52,295,286 | ~$31,935,908 | ~1.9000% | ~$606,788 | +118.0% |
| 2030 | ~$67,803,116 | ~$35,129,498 | ~1.8512% | ~$650,315 | +182.6% |
| 2031 | ~$87,909,694 | ~$38,642,448 | ~1.8024% | ~$696,480 | +266.4% |
In 2025, this property's market value of $20,140,102 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 | $20,140,102 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $16,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $10,975,971 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $10,975,971 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,078,203 | $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 | — |