110 E 2 ST TX 78701
| Owner | 110 E 2ND SERIES |
|---|---|
| Parcel ID | 0205020509 |
| Short ID | 192819 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 227,139 SF |
| Land SF | 79,916 SF |
| Acres | 1.835 |
| Year Built | 2014 |
| Legal | LOT 1-4, LOT 7,9-12 & PT OF LOT 5 BLOCK 018 ORIGINAL CITY & .091 AC OF VAC ALLEY |
| Neighborhood | 34CBD1 |
| Land | $83,112,599 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $83,112,599 |
| Improvement | $362,664,834 |
|---|---|
| Total Improvement | $362,664,834 |
| Market | $445,777,433 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $445,777,433 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $445,777,433 |
| Taxable Value | $445,777,433 |
|---|
Appreciation: Market value has risen +33.1% from $335,000,000 (2021) to $445,777,433 (2025), a CAGR of 7.4% over 4 years. This represents moderate, steady growth. 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 +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 $9,122,768. Austin ISD is the largest single contributor, at 43.3% 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 19% of market value ($83,112,599 land vs $362,664,834 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $445,777,433, 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 +7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $637,103,028 by 2030, with an estimated annual tax burden around $12,001,381. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 632,890 SF | ✓ |
| 187 | PARKING GARAGE | 235,328 SF | ✓ |
| 3RD | 3rd Floor | 83,759 SF | ✓ |
| 4TH | 4th Floor | 83,371 SF | ✓ |
| 2ND | 2nd Floor | 79,015 SF | ✓ |
| 1ST | 1st Floor | 64,365 SF | ✓ |
| 5TH | 5th Floor | 60,075 SF | ✓ |
| 601 | POOL COMM'L | 1,768 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% | $4,124,332.81 | $4,124,332.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,335,949.53 | $2,335,949.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,675,432.19 | $1,675,432.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $526,119.90 | $526,119.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $460,933.87 | $460,933.87 | Paid |
| P2U | — | — | — | — | — | — | $411,881.63 | $411,881.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,534,649.93 | $9,534,649.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $487,173,319 | $445,777,433 | +9.3% |
| Assessed Value | $487,173,319 | $445,777,433 | +9.3% |
| Land Value | $111,882,344 | $83,112,599 | +34.6% |
| Improvement Value | $375,290,975 | $362,664,834 | +3.5% |
| Taxable Value | $487,173,319 | $445,777,433 | +9.3% |
| Total Tax 2026 = estimate |
~$9,969,929
Estimated
|
~$9,534,650
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $487,173,319 | $487,173,319 | +0 (+0.0%) |
| Taxable Value | $487,173,319 | $487,173,319 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $487,173,319 | $111,882,344 | $375,290,975 | — | $487,173,319 | $487,173,319 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $445,777,433 | $83,112,599 | $362,664,834 | — | $445,777,433 | $445,777,433 | ~$9,534,650 | Partial |
| 2024 | $353,000,000 | — | — | −$269,887,401 | $83,112,599 | $— | $9,081,380 | Verified |
| 2023 | $330,000,000 | — | — | −$275,457,357 | $54,542,643 | $— | $6,737,416 | Verified |
| 2022 | $260,000,000 | — | — | −$205,457,357 | $54,542,643 | $— | $6,866,486 | Verified |
| 2021 | $335,000,000 | — | — | −$280,457,356 | $54,542,644 | $— | $5,941,995 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.3% | +9.3% | ~100% | Not available | Partial |
| 2025 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2024 | +15.8% | +15.8% | ~100% | 2.0700% | Verified |
| 2023 | +8.0% | +8.0% | ~100% | 1.7800% | Verified |
| 2022 | +24.1% | +24.1% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.3% | +9.4% | +5.6% | +26.9% | 2023 | -22.4% | 2022 |
| Assessment Ratio | 100.0% | 46.2% | — | 100.0% | 2025 | 16.3% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,534,650 | $7,632,385 | ~$10,792,623 | $9,534,650 | 2025 | $5,941,995 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$478,780,437 | ~$478,780,437 | ~2.0139% | ~$9,642,334 | +7.4% |
| 2027 | ~$514,226,809 | ~$514,226,809 | ~1.9814% | ~$10,188,828 | +15.4% |
| 2028 | ~$552,297,444 | ~$552,297,444 | ~1.9488% | ~$10,763,391 | +23.9% |
| 2029 | ~$593,186,626 | ~$593,186,626 | ~1.9163% | ~$11,367,182 | +33.1% |
| 2030 | ~$637,103,028 | ~$637,103,028 | ~1.8837% | ~$12,001,381 | +42.9% |
| 2026 | ~$469,864,889 | ~$469,864,889 | ~2.0465% | ~$9,615,714 | +5.4% |
| 2027 | ~$495,253,903 | ~$495,253,903 | ~2.0465% | ~$10,135,297 | +11.1% |
| 2028 | ~$522,014,805 | ~$522,014,805 | ~2.0465% | ~$10,682,955 | +17.1% |
| 2029 | ~$550,221,725 | ~$550,221,725 | ~2.0465% | ~$11,260,205 | +23.4% |
| 2030 | ~$579,952,798 | ~$579,952,798 | ~2.0465% | ~$11,868,647 | +30.1% |
| 2026 | ~$487,695,986 | ~$487,695,986 | ~1.9977% | ~$9,742,519 | +9.4% |
| 2027 | ~$533,556,338 | ~$533,556,338 | ~1.9488% | ~$10,398,157 | +19.7% |
| 2028 | ~$583,729,155 | ~$583,729,155 | ~1.9000% | ~$11,090,952 | +30.9% |
| 2029 | ~$638,619,958 | ~$638,619,958 | ~1.8512% | ~$11,822,094 | +43.3% |
| 2030 | ~$698,672,403 | ~$698,672,403 | ~1.8024% | ~$12,592,671 | +56.7% |
In 2025, this property's market value of $445,777,433 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 314× 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 | $445,777,433 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $353,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $330,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $260,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $335,000,000 | $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.