310 E 5 ST AUSTIN, TX 78701
| Owner | WESAUS LLC |
|---|---|
| Parcel ID | 0206031602 |
| Short ID | 194485 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 292,784 SF |
| Land SF | 17,938 SF |
| Acres | 0.412 |
| Year Built | 2014 |
| Legal | LOTS 1-3 & 2FT OF ALLEY BLOCK 058 ORIGINAL CITY |
| Neighborhood | 34CBD1 |
| Land | $23,319,413 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $23,319,413 |
| Improvement | $97,483,304 |
|---|---|
| Total Improvement | $97,483,304 |
| Market | $120,802,717 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $120,802,717 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $120,802,717 |
| Taxable Value | $120,802,717 |
|---|
Appreciation: Market value has risen +16.6% from $103,600,000 (2021) to $120,802,717 (2025), a CAGR of 3.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,472,209. 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 ($23,319,413 land vs $97,483,304 improvements), about $1,300/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $120,802,717, 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 +3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $146,377,015 by 2030, with an estimated annual tax burden around $2,757,366. 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 | 292,784 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% | $1,117,666.74 | $1,117,666.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $633,026.77 | $633,026.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $454,030.97 | $454,030.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $142,574.99 | $142,574.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $124,910.01 | $124,910.01 | Paid |
| P2U | — | — | — | — | — | — | $111,280.01 | $111,280.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,583,489.49 | $2,583,489.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $128,812,027 | $120,802,717 | +6.6% |
| Assessed Value | $128,812,027 | $120,802,717 | +6.6% |
| Land Value | $21,525,612 | $23,319,413 | -7.7% |
| Improvement Value | $107,286,415 | $97,483,304 | +10.1% |
| Taxable Value | $128,812,027 | $120,802,717 | +6.6% |
| Total Tax 2026 = estimate |
~$2,636,119
Estimated
|
~$2,583,489
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $131,085,840 | $128,812,027 | -2,273,813 (-1.7%) |
| Taxable Value | $131,085,840 | $128,812,027 | -2,273,813 (-1.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $128,812,027 | $21,525,612 | $107,286,415 | — | $128,812,027 | $128,812,027 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $120,802,717 | $23,319,413 | $97,483,304 | — | $120,802,717 | $120,802,717 | ~$2,583,489 | Partial |
| 2024 | $115,000,000 | — | — | −$91,680,587 | $23,319,413 | $— | $2,427,093 | Verified |
| 2023 | $110,000,000 | — | — | −$97,757,308 | $12,242,692 | $— | $2,196,407 | Verified |
| 2022 | $93,915,077 | — | — | −$81,672,385 | $12,242,692 | $— | $2,289,920 | Verified |
| 2021 | $103,600,000 | — | — | −$91,357,308 | $12,242,692 | $— | $1,965,739 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.5% | +8.5% | ~100% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | -4.4% | -4.4% | ~100% | 2.0300% | Verified |
| 2023 | +5.8% | +5.8% | ~100% | 1.7600% | Verified |
| 2022 | +25.8% | +25.8% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 1.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.6% | +4.8% | +2.6% | +17.1% | 2023 | -9.3% | 2022 |
| Assessment Ratio | 100.0% | 42.7% | — | 100.0% | 2025 | 11.1% | 2023 |
| 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 |
$2,583,489 | $2,292,530 | ~$2,642,249 | $2,583,489 | 2025 | $1,965,739 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$125,532,431 | ~$125,532,431 | ~2.0139% | ~$2,528,143 | +3.9% |
| 2027 | ~$130,447,324 | ~$130,447,324 | ~1.9814% | ~$2,584,668 | +8.0% |
| 2028 | ~$135,554,648 | ~$135,554,648 | ~1.9488% | ~$2,641,743 | +12.2% |
| 2029 | ~$140,861,935 | ~$140,861,935 | ~1.9163% | ~$2,699,325 | +16.6% |
| 2030 | ~$146,377,015 | ~$146,377,015 | ~1.8837% | ~$2,757,366 | +21.2% |
| 2026 | ~$123,116,377 | ~$123,116,377 | ~2.0465% | ~$2,519,558 | +1.9% |
| 2027 | ~$125,474,348 | ~$125,474,348 | ~2.0465% | ~$2,567,814 | +3.9% |
| 2028 | ~$127,877,481 | ~$127,877,481 | ~2.0465% | ~$2,616,993 | +5.9% |
| 2029 | ~$130,326,639 | ~$130,326,639 | ~2.0465% | ~$2,667,115 | +7.9% |
| 2030 | ~$132,822,704 | ~$132,822,704 | ~2.0465% | ~$2,718,197 | +10.0% |
| 2026 | ~$127,948,485 | ~$127,948,485 | ~1.9977% | ~$2,555,979 | +5.9% |
| 2027 | ~$135,516,943 | ~$135,516,943 | ~1.9488% | ~$2,641,008 | +12.2% |
| 2028 | ~$143,533,092 | ~$143,533,092 | ~1.9000% | ~$2,727,153 | +18.8% |
| 2029 | ~$152,023,416 | ~$152,023,416 | ~1.8512% | ~$2,814,248 | +25.8% |
| 2030 | ~$161,015,963 | ~$161,015,963 | ~1.8024% | ~$2,902,105 | +33.3% |
In 2025, this property's market value of $120,802,717 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 85× 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 | $120,802,717 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $115,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $110,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $93,915,077 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $103,600,000 | $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.