BULLICK HOLLOW RD TX 78726
| Owner | SPADES HOSPITALITY LLC |
|---|---|
| Parcel ID | 0156340106 |
| Short ID | 848231 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 38,411 SF |
| Land SF | 234,440 SF |
| Acres | 5.382 |
| Year Built | 2019 |
| Legal | 5.3820 AC OF LOT 2 FOUR CORNERS COMMERCIAL |
| Neighborhood | 35NW3 |
| Land | $4,102,699 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,102,699 |
| Improvement | $4,568,140 |
|---|---|
| Total Improvement | $4,568,140 |
| Market | $8,670,839 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,670,839 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,670,839 |
| Taxable Value | $8,670,839 |
|---|
Appreciation: Market value has risen +12.3% from $7,718,000 (2021) to $8,670,839 (2025), a CAGR of 3.0% 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 +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $191,468. Leander ISD is the largest single contributor, at 49.2% 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 47% of market value ($4,102,699 land vs $4,568,140 improvements), about $17/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $8,670,839, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,028,975 by 2030, with an estimated annual tax burden around $190,896. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 44,050 SF | ✗ |
| 1ST | 1st Floor | 13,954 SF | ✓ |
| 3RD | 3rd Floor | 12,596 SF | ✓ |
| 4TH | 4th Floor | 12,596 SF | ✓ |
| 5TH | 5th Floor | 12,596 SF | ✓ |
| 2ND | 2nd Floor | 11,861 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $94,243.35 | $94,243.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $45,436.67 | $45,436.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,588.91 | $32,588.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,233.58 | $10,233.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,965.65 | $8,965.65 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $191,468.16 | $191,468.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,206,462 | $8,670,839 | +6.2% |
| Assessed Value | $9,206,462 | $8,670,839 | +6.2% |
| Land Value | $4,102,699 | $4,102,699 | +0.0% |
| Improvement Value | $5,103,763 | $4,568,140 | +11.7% |
| Taxable Value | $9,206,462 | $8,670,839 | +6.2% |
| Total Tax 2026 = estimate |
~$203,296
Estimated
|
~$191,468
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,381,892 | $9,206,462 | -1,175,430 (-11.3%) |
| Taxable Value | $10,381,892 | $9,206,462 | -1,175,430 (-11.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,206,462 | $4,102,699 | $5,103,763 | — | $9,206,462 | $9,206,462 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,670,839 | $4,102,699 | $4,568,140 | — | $8,670,839 | $8,670,839 | ~$191,468 | Partial |
| 2024 | $10,400,000 | — | — | −$6,297,301 | $4,102,699 | $— | $222,412 | Verified |
| 2023 | $7,718,000 | — | — | −$3,615,301 | $4,102,699 | $— | $206,481 | Verified |
| 2022 | $7,718,000 | — | — | −$3,615,301 | $4,102,699 | $— | $166,856 | Verified |
| 2021 | $7,718,000 | — | — | −$3,615,301 | $4,102,699 | $— | $189,244 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.7% | +19.7% | ~100% | Not available | Partial |
| 2025 | -17.4% | -17.4% | ~100% | Not available | Partial |
| 2024 | +1.0% | +1.0% | ~100% | 2.1200% | Verified |
| 2023 | -11.6% | -11.6% | ~100% | 1.9900% | Verified |
| 2022 | +52.4% | +52.4% | ~100% | 1.4200% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.2% | +4.9% | +1.8% | +34.7% | 2024 | -16.6% | 2025 |
| Assessment Ratio | 100.0% | 66.5% | — | 100.0% | 2025 | 39.4% | 2024 |
| Effective Tax Rate (2025) | 2.2100% | 2.2100% | — | 2.2100% | 2025 | 2.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$191,468 | $195,292 | ~$191,462 | $222,412 | 2024 | $166,856 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,926,891 | ~$8,926,891 | ~2.1472% | ~$191,681 | +3.0% |
| 2027 | ~$9,190,503 | ~$9,190,503 | ~2.0863% | ~$191,740 | +6.0% |
| 2028 | ~$9,461,901 | ~$9,461,901 | ~2.0253% | ~$191,636 | +9.1% |
| 2029 | ~$9,741,312 | ~$9,741,312 | ~1.9644% | ~$191,357 | +12.3% |
| 2030 | ~$10,028,975 | ~$10,028,975 | ~1.9034% | ~$190,896 | +15.7% |
| 2026 | ~$8,753,474 | ~$8,753,474 | ~2.2082% | ~$193,293 | +1.0% |
| 2027 | ~$8,836,896 | ~$8,836,896 | ~2.2082% | ~$195,135 | +1.9% |
| 2028 | ~$8,921,113 | ~$8,921,113 | ~2.2082% | ~$196,995 | +2.9% |
| 2029 | ~$9,006,133 | ~$9,006,133 | ~2.2082% | ~$198,872 | +3.9% |
| 2030 | ~$9,091,963 | ~$9,091,963 | ~2.2082% | ~$200,767 | +4.9% |
| 2026 | ~$9,100,307 | ~$9,100,307 | ~2.1168% | ~$192,632 | +5.0% |
| 2027 | ~$9,551,047 | ~$9,551,047 | ~2.0253% | ~$193,441 | +10.2% |
| 2028 | ~$10,024,112 | ~$10,024,112 | ~1.9339% | ~$193,858 | +15.6% |
| 2029 | ~$10,520,609 | ~$10,520,609 | ~1.8425% | ~$193,842 | +21.3% |
| 2030 | ~$11,041,696 | ~$11,041,696 | ~1.7511% | ~$193,348 | +27.3% |
In 2025, this property's market value of $8,670,839 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× the county median of $1,417,484. 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 | $8,670,839 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,718,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,718,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,718,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.