311 E 5 ST TX 78701
| Owner | 311 E 5TH SERIES |
|---|---|
| Parcel ID | 0205021704 |
| Short ID | 192876 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 177,000 SF |
| Land SF | 11,776 SF |
| Acres | 0.270 |
| Year Built | 2024 |
| Legal | LOT 7-8 BLOCK 040 ORIGINAL CITY |
| Neighborhood | 96EVNT |
| Land | $11,776,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,776,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $11,776,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,776,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,776,000 |
| Taxable Value | $11,776,000 |
|---|
Appreciation: Market value has risen +48.6% from $7,927,000 (2021) to $11,776,000 (2025), a CAGR of 10.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $240,994. 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 100% of market value ($11,776,000 land vs $0 improvements), about $1,000/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $11,776,000, 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 +10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,313,410 by 2030, with an estimated annual tax burden around $357,259. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 177,000 SF | ✓ |
Market value changed by 420% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $102,661.28 | $102,661.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $58,145.54 | $58,145.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,704.20 | $41,704.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,095.97 | $13,095.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,473.39 | $11,473.39 | Paid |
| P2U | — | — | — | — | — | — | $9,801.41 | $9,801.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $236,881.79 | $236,881.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $61,195,437 | $11,776,000 | +419.7% |
| Assessed Value | $61,195,437 | $11,776,000 | +419.7% |
| Land Value | $21,196,800 | $11,776,000 | +80.0% |
| Improvement Value | $39,998,637 | — | — |
| Taxable Value | $61,195,437 | $11,776,000 | +419.7% |
| Total Tax 2026 = estimate |
~$1,252,355
Estimated
|
~$236,882
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $61,195,437 | $61,195,437 | +0 (+0.0%) |
| Taxable Value | $61,195,437 | $61,195,437 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $61,195,437 | $21,196,800 | $39,998,637 | — | $61,195,437 | $61,195,437 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,776,000 | $11,776,000 | — | — | $11,776,000 | $11,776,000 | ~$236,882 | Partial |
| 2024 | $8,037,120 | — | — | — | $8,655,000 ! | $— | $179,069 | Verified |
| 2023 | $6,888,960 | — | — | — | $8,037,120 ! | $— | $152,383 | Verified |
| 2022 | $7,932,184 | — | — | −$1,043,224 | $6,888,960 | $— | $142,441 | Verified |
| 2021 | $7,927,000 | — | — | −$272,600 | $7,654,400 | $— | $180,090 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +419.7% ! | +419.7% | ~100% | Not available | Partial |
| 2025 | +36.1% | +36.1% | ~100% | Not available | Partial |
| 2024 | +7.7% | +7.7% | ~100% | 2.0700% | Verified |
| 2023 | +16.7% | +16.7% | ~100% | 1.9000% | Verified |
| 2022 | -13.2% | -13.2% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +419.7% | +94.0% | -7.4% | +419.7% | 2026 | -13.2% | 2023 |
| Assessment Ratio | 100.0% | 101.3% | — | 116.7% | 2023 | 86.8% | 2022 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$236,882 | $178,173 | ~$307,263 | $236,882 | 2025 | $142,441 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,000,799 | ~$12,953,600 | ~2.0139% | ~$260,877 | +10.4% |
| 2027 | ~$14,352,986 | ~$14,248,960 | ~1.9814% | ~$282,327 | +21.9% |
| 2028 | ~$15,845,812 | ~$15,673,856 | ~1.9488% | ~$305,458 | +34.6% |
| 2029 | ~$17,493,904 | ~$17,241,242 | ~1.9163% | ~$330,392 | +48.6% |
| 2030 | ~$19,313,410 | ~$18,965,366 | ~1.8837% | ~$357,259 | +64.0% |
| 2026 | ~$12,765,279 | ~$12,765,279 | ~2.0465% | ~$261,240 | +8.4% |
| 2027 | ~$13,837,665 | ~$13,837,665 | ~2.0465% | ~$283,186 | +17.5% |
| 2028 | ~$15,000,140 | ~$15,000,140 | ~2.0465% | ~$306,976 | +27.4% |
| 2029 | ~$16,260,272 | ~$16,260,272 | ~2.0465% | ~$332,764 | +38.1% |
| 2030 | ~$17,626,265 | ~$17,626,265 | ~2.0465% | ~$360,719 | +49.7% |
| 2026 | ~$13,236,319 | ~$12,953,600 | ~1.9977% | ~$258,769 | +12.4% |
| 2027 | ~$14,877,729 | ~$14,248,960 | ~1.9488% | ~$277,689 | +26.3% |
| 2028 | ~$16,722,686 | ~$15,673,856 | ~1.9000% | ~$297,806 | +42.0% |
| 2029 | ~$18,796,434 | ~$17,241,242 | ~1.8512% | ~$319,169 | +59.6% |
| 2030 | ~$21,127,343 | ~$18,965,366 | ~1.8024% | ~$341,826 | +79.4% |
In 2025, this property's market value of $11,776,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,776,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,037,120 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,888,960 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,932,184 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,927,000 | $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.