8103 CROSS PARK DR TX 78754
| Owner | SANDPIPER AUSTIN CENTRAL LLC |
|---|---|
| Parcel ID | 0229260705 |
| Short ID | 442493 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 36,570 SF |
| Land SF | 87,687 SF |
| Acres | 2.013 |
| Year Built | 2022 |
| Legal | LOT 1 BLK A WALNUT CREEK BUSINESS PARK PHS C SEC 4 |
| Neighborhood | 1NE1 |
| Land | $701,496 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $701,496 |
| Improvement | $8,023,478 |
|---|---|
| Total Improvement | $8,023,478 |
| Market | $8,724,974 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,724,974 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,724,974 |
| Taxable Value | $8,724,974 |
|---|
Appreciation: Market value has risen +1143.8% from $701,496 (2021) to $8,724,974 (2025), a CAGR of 87.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $192,184. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Asset Class: Land / Vacant. 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 8% of market value ($701,496 land vs $8,023,478 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,724,974, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +87.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $203,792,323 by 2030, with an estimated annual tax burden around $3,815,639. 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 | 61,000 SF | ✗ |
| 1ST | 1st Floor | 12,384 SF | ✓ |
| 2ND | 2nd Floor | 12,093 SF | ✓ |
| 3RD | 3rd Floor | 12,093 SF | ✓ |
| 4TH | 4th Floor | 12,093 SF | ✓ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 442493 | WCP CROSS PARK LLC | 8103 CROSS PARK DR 78754 | $7,545,431 | $7,545,431 | $7,545,431 |
| 976711 | SANDPIPER AUSTIN CENTRAL LLC | 8103 CROSS PARK DR AUSTIN | — | — | — |
Market value changed by 1206% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $94,351.87 | $94,351.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $45,720.35 | $45,720.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,792.38 | $32,792.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,297.48 | $10,297.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,021.62 | $9,021.62 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $192,183.70 | $192,183.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,545,431 | $8,724,974 | -13.5% |
| Assessed Value | $7,545,431 | $8,724,974 | -13.5% |
| Land Value | $701,496 | $701,496 | +0.0% |
| Improvement Value | $6,843,935 | $8,023,478 | -14.7% |
| Taxable Value | $7,545,431 | $8,724,974 | -13.5% |
| Total Tax 2026 = estimate |
~$166,202
Estimated
|
~$192,184
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,663,036 | $7,545,431 | -117,605 (-1.5%) |
| Taxable Value | $7,663,036 | $7,545,431 | -117,605 (-1.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,545,431 | $701,496 | $6,843,935 | — | $7,545,431 | $7,545,431 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,724,974 | $701,496 | $8,023,478 | — | $8,724,974 | $8,724,974 | ~$192,184 | Partial |
| 2024 | $— | — | — | — | — | $— | $181,420 | Verified |
| 2023 | $— | — | — | — | $701,496 | $— | $200,786 | Verified |
| 2022 | $— | — | — | — | $701,496 | $— | $16,347 | Verified |
| 2021 | $701,496 | — | — | — | $701,496 | $— | $17,306 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.2% | -12.2% | ~100% | Not available | Partial |
| 2025 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2024 | -6.3% | -6.3% | ~100% | 2.1100% | Verified |
| 2023 | +1205.9% ! | +1205.9% | ~100% | 2.0400% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1143.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.5% | +565.1% | +93.7% | +1143.8% | 2025 | -13.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$192,184 | $104,745 | ~$1,612,927 | $192,184 | 2025 | $17,306 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,385,092 | ~$16,385,092 | ~2.1366% | ~$350,086 | +87.8% |
| 2027 | ~$30,770,433 | ~$30,770,433 | ~2.0705% | ~$637,114 | +252.7% |
| 2028 | ~$57,785,430 | ~$57,785,430 | ~2.0045% | ~$1,158,288 | +562.3% |
| 2029 | ~$108,518,326 | ~$108,518,326 | ~1.9384% | ~$2,103,509 | +1143.8% |
| 2030 | ~$203,792,323 | ~$203,792,323 | ~1.8723% | ~$3,815,639 | +2235.7% |
| 2026 | ~$16,210,592 | ~$16,210,592 | ~2.2027% | ~$357,068 | +85.8% |
| 2027 | ~$30,118,520 | ~$30,118,520 | ~2.2027% | ~$663,416 | +245.2% |
| 2028 | ~$55,958,796 | ~$55,958,796 | ~2.2027% | ~$1,232,596 | +541.4% |
| 2029 | ~$103,968,817 | ~$103,968,817 | ~2.2027% | ~$2,290,106 | +1091.6% |
| 2030 | ~$193,169,183 | ~$193,169,183 | ~2.2027% | ~$4,254,909 | +2114.0% |
| 2026 | ~$16,559,591 | ~$16,559,591 | ~2.1036% | ~$348,343 | +89.8% |
| 2027 | ~$31,429,327 | ~$31,429,327 | ~2.0045% | ~$629,990 | +260.2% |
| 2028 | ~$59,651,388 | ~$59,651,388 | ~1.9054% | ~$1,136,570 | +583.7% |
| 2029 | ~$113,215,535 | ~$113,215,535 | ~1.8062% | ~$2,044,949 | +1197.6% |
| 2030 | ~$214,877,772 | ~$214,877,772 | ~1.7071% | ~$3,668,251 | +2362.8% |
In 2025, this property's market value of $8,724,974 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 103× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $8,724,974 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $701,496 | $6,000 | $14,480 | $80,000 | ↑ 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.