11603 JOLLYVILLE RD TX 78759
| Owner | PURE LODGING HOSPITALITY |
|---|---|
| Parcel ID | 0162010912 |
| Short ID | 424161 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 37,692 SF |
| Land SF | 87,555 SF |
| Acres | 2.010 |
| Year Built | 2019 |
| Legal | LOT 1 JOLLYVILLE NORTH |
| Neighborhood | 35NW3 |
| Land | $2,626,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,626,650 |
| Improvement | $7,173,350 |
|---|---|
| Total Improvement | $7,173,350 |
| Market | $9,800,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,800,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,800,000 |
| Taxable Value | $9,800,000 |
|---|
Appreciation: Market value has risen +154.2% from $3,855,444 (2021) to $9,800,000 (2025), a CAGR of 26.3% 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 +24.1%, 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 $200,556. 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 27% of market value ($2,626,650 land vs $7,173,350 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,800,000, 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 +26.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $31,453,260 by 2030, with an estimated annual tax burden around $297,311. 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 | 50,000 SF | ✗ |
| 1ST | 1st Floor | 12,564 SF | ✓ |
| 2ND | 2nd Floor | 12,564 SF | ✓ |
| 3RD | 3rd Floor | 12,564 SF | ✓ |
| 4TH | 4th Floor | 12,564 SF | ✓ |
| 482 | LIGHT POLES | 10 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $90,669.60 | $90,669.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $51,353.67 | $51,353.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,832.81 | $36,832.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,566.25 | $11,566.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,133.20 | $10,133.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $200,555.53 | $200,555.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,121,068 | $9,800,000 | -6.9% |
| Assessed Value | $9,121,068 | $9,800,000 | -6.9% |
| Land Value | $2,626,650 | $2,626,650 | +0.0% |
| Improvement Value | $6,494,418 | $7,173,350 | -9.5% |
| Taxable Value | $9,121,068 | $9,800,000 | -6.9% |
| Total Tax 2026 = estimate |
~$186,661
Estimated
|
~$200,556
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,906,258 | $9,121,068 | -785,190 (-7.9%) |
| Taxable Value | $9,906,258 | $9,121,068 | -785,190 (-7.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,121,068 | $2,626,650 | $6,494,418 | — | $9,121,068 | $9,121,068 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,800,000 | $2,626,650 | $7,173,350 | — | $9,800,000 | $9,800,000 | ~$200,556 | Partial |
| 2024 | $11,129,742 | — | — | −$8,503,092 | $2,626,650 | $— | $203,136 | Verified |
| 2023 | $11,129,742 | — | — | −$8,503,092 | $2,626,650 | $— | $194,652 | Verified |
| 2022 | $10,311,526 | — | — | −$7,684,876 | $2,626,650 | $— | $212,442 | Verified |
| 2021 | $3,855,444 | — | — | −$1,228,794 | $2,626,650 | $— | $224,449 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | -14.8% | -14.8% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | 1.7700% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.7500% | Verified |
| 2022 | +7.9% | +7.9% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 5.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.9% | +31.3% | +28.1% | +167.5% | 2022 | -11.9% | 2025 |
| Assessment Ratio | 100.0% | 56.8% | — | 100.0% | 2025 | 23.6% | 2023 |
| 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 |
$200,556 | $207,047 | ~$255,704 | $224,449 | 2021 | $194,652 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,374,111 | ~$10,780,000 | ~2.0139% | ~$217,102 | +26.3% |
| 2027 | ~$15,624,348 | ~$11,858,000 | ~1.9814% | ~$234,953 | +59.4% |
| 2028 | ~$19,728,308 | ~$13,043,800 | ~1.9488% | ~$254,203 | +101.3% |
| 2029 | ~$24,910,231 | ~$14,348,180 | ~1.9163% | ~$274,953 | +154.2% |
| 2030 | ~$31,453,260 | ~$15,782,998 | ~1.8837% | ~$297,311 | +221.0% |
| 2026 | ~$12,178,111 | ~$10,780,000 | ~2.0465% | ~$220,611 | +24.3% |
| 2027 | ~$15,133,304 | ~$11,858,000 | ~2.0465% | ~$242,672 | +54.4% |
| 2028 | ~$18,805,617 | ~$13,043,800 | ~2.0465% | ~$266,939 | +91.9% |
| 2029 | ~$23,369,070 | ~$14,348,180 | ~2.0465% | ~$293,633 | +138.5% |
| 2030 | ~$29,039,911 | ~$15,782,998 | ~2.0465% | ~$322,997 | +196.3% |
| 2026 | ~$12,570,111 | ~$10,780,000 | ~1.9977% | ~$215,348 | +28.3% |
| 2027 | ~$16,123,233 | ~$11,858,000 | ~1.9488% | ~$231,093 | +64.5% |
| 2028 | ~$20,680,696 | ~$13,043,800 | ~1.9000% | ~$247,834 | +111.0% |
| 2029 | ~$26,526,391 | ~$14,348,180 | ~1.8512% | ~$265,613 | +170.7% |
| 2030 | ~$34,024,457 | ~$15,782,998 | ~1.8024% | ~$284,468 | +247.2% |
In 2025, this property's market value of $9,800,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,800,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,129,742 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,129,742 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,311,526 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,855,444 | $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.