1900 RIO GRANDE ST TX 78705
| Owner | 1900 RIO GRANDE STREET TIC I LLC |
|---|---|
| Parcel ID | 0212011410 |
| Short ID | 203759 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 35,095 SF |
| Land SF | 41,818 SF |
| Acres | 0.960 |
| Year Built | 1981 |
| Legal | 0.96 ACRE OUT OF OLT 24 DIVISION D (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34CBD3 |
| Land | $6,272,640 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,272,640 |
| Improvement | $5,627,360 |
|---|---|
| Total Improvement | $5,627,360 |
| Market | $11,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,900,000 |
| Taxable Value | $11,900,000 |
|---|
Appreciation: Market value has risen +3.5% from $11,500,000 (2021) to $11,900,000 (2025), a CAGR of 0.9% 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 $243,532. Austin ISD is the largest single contributor, at 50.7% 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 53% of market value ($6,272,640 land vs $5,627,360 improvements), about $150/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $11,900,000, 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 +0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,419,622 by 2030, with an estimated annual tax burden around $233,954. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 34,870 SF | ✗ |
| 187 | PARKING GARAGE | 17,614 SF | ✓ |
| 2ND | 2nd Floor | 12,875 SF | ✓ |
| 1ST | 1st Floor | 12,012 SF | ✓ |
| 611 | TERRACE | 6,384 SF | ✗ |
| 3RD | 3rd Floor | 4,856 SF | ✓ |
| SO | Sketch Only | 3,830 SF | ✗ |
| FBSMT | Finished Basement | 3,080 SF | ✓ |
| 1/2 | Half Floor | 2,272 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,087 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,428 SF | ✗ |
| 511 | DECK | 1,170 SF | ✗ |
| UBSMT | Unfinished Basement | 1,092 SF | ✓ |
| 601 | POOL COMM'L | 420 SF | ✗ |
| 501 | CANOPY | 112 SF | ✗ |
| 282 | LIGHT POLES FV | 1 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $83,768.35 | $83,768.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,964.13 | $35,964.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,794.84 | $25,794.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,627.33 | $11,627.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,100.11 | $8,100.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $165,254.76 | $165,254.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,000,000 | $11,900,000 | +17.6% |
| Assessed Value | $14,000,000 | $11,900,000 | +17.6% |
| Land Value | $6,272,640 | $6,272,640 | +0.0% |
| Improvement Value | $7,727,360 | $5,627,360 | +37.3% |
| Taxable Value | $10,531,346 | $11,900,000 | -11.5% |
| Exemptions | HT | B | |
| Total Tax 2026 = estimate |
~$215,522
Estimated
|
~$165,255
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,000,000 | $14,000,000 | +0 (+0.0%) |
| Taxable Value | $10,531,346 | $10,531,346 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,000,000 | $6,272,640 | $7,727,360 | — | $14,000,000 | $10,531,346 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,900,000 | $6,272,640 | $5,627,360 | — | $11,900,000 | $11,900,000 | ~$165,255 | Partial |
| 2024 | $11,900,000 | — | — | −$5,627,360 | $6,272,640 | $— | $151,234 | Verified |
| 2023 | $12,040,000 | — | — | −$5,767,360 | $6,272,640 | $— | $160,098 | Verified |
| 2022 | $9,500,000 | — | — | −$4,063,712 | $5,436,288 | $— | $197,588 | Verified |
| 2021 | $11,500,000 | — | — | −$7,318,240 | $4,181,760 | $— | $169,624 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.6% | +17.6% | ~100% | Not available | Partial |
| 2025 | +17.8% | +17.8% | ~100% | Not available | Partial |
| 2024 | -21.3% | -21.3% | ~100% | 1.5000% | Verified |
| 2023 | +6.6% | +6.6% | ~100% | 1.2500% | Verified |
| 2022 | +17.2% | +17.2% | ~100% | 1.6400% | Verified |
| 2021 | base year | — | ~100% | 1.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.6% | +5.1% | -2.2% | +26.7% | 2023 | -17.4% | 2022 |
| Assessment Ratio | 100.0% | 66.4% | — | 100.0% | 2025 | 36.4% | 2021 |
| Effective Tax Rate (2025) | 1.3900% | 1.3900% | — | 1.3900% | 2025 | 1.3900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$165,255 | $168,760 | ~$237,885 | $197,588 | 2022 | $151,234 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,002,155 | ~$12,002,155 | ~2.0139% | ~$241,716 | +0.9% |
| 2027 | ~$12,105,188 | ~$12,105,188 | ~1.9814% | ~$239,851 | +1.7% |
| 2028 | ~$12,209,104 | ~$12,209,104 | ~1.9488% | ~$237,936 | +2.6% |
| 2029 | ~$12,313,913 | ~$12,313,913 | ~1.9163% | ~$235,970 | +3.5% |
| 2030 | ~$12,419,622 | ~$12,419,622 | ~1.8837% | ~$233,954 | +4.4% |
| 2026 | ~$11,764,155 | ~$11,764,155 | ~2.0465% | ~$240,752 | -1.1% |
| 2027 | ~$11,629,861 | ~$11,629,861 | ~2.0465% | ~$238,003 | -2.3% |
| 2028 | ~$11,497,100 | ~$11,497,100 | ~2.0465% | ~$235,286 | -3.4% |
| 2029 | ~$11,365,855 | ~$11,365,855 | ~2.0465% | ~$232,601 | -4.5% |
| 2030 | ~$11,236,108 | ~$11,236,108 | ~2.0465% | ~$229,945 | -5.6% |
| 2026 | ~$12,240,155 | ~$12,240,155 | ~1.9977% | ~$244,517 | +2.9% |
| 2027 | ~$12,590,034 | ~$12,590,034 | ~1.9488% | ~$245,360 | +5.8% |
| 2028 | ~$12,949,913 | ~$12,949,913 | ~1.9000% | ~$246,051 | +8.8% |
| 2029 | ~$13,320,080 | ~$13,320,080 | ~1.8512% | ~$246,581 | +11.9% |
| 2030 | ~$13,700,827 | ~$13,700,827 | ~1.8024% | ~$246,940 | +15.1% |
In 2025, this property's market value of $11,900,000 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 | $11,900,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,040,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,500,000 | $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.