BROCKTON DR TX 78758
| Owner | LIONS VELDT INC |
|---|---|
| Parcel ID | 0254080208 |
| Short ID | 877845 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 60,642 SF |
| Land SF | 75,882 SF |
| Acres | 1.742 |
| Year Built | 2020 |
| Legal | LOT 2 BLK A LONGHORN BUSINESS PARK NO 3 RESUB LT 2 & LTS A-B BLK A LONGHORN BUSINESS PARK NO 2 |
| Neighborhood | 35NO2 |
| Land | $4,932,299 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,932,299 |
| Improvement | $16,236,418 |
|---|---|
| Total Improvement | $16,236,418 |
| Market | $21,168,717 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,168,717 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,168,717 |
| Taxable Value | $21,168,717 |
|---|
Appreciation: Market value has risen +375.7% from $4,450,000 (2021) to $21,168,717 (2025), a CAGR of 47.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $433,215. Austin ISD is the largest single contributor, at 45.2% 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 23% of market value ($4,932,299 land vs $16,236,418 improvements), about $65/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $21,168,717, 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 +47.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $148,717,712 by 2030, with an estimated annual tax burden around $642,214. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 84,400 SF | ✓ |
| 2ND | 2nd Floor | 21,632 SF | ✓ |
| 3RD | 3rd Floor | 21,632 SF | ✓ |
| 4TH | 4th Floor | 21,632 SF | ✓ |
| 5TH | 5th Floor | 21,632 SF | ✓ |
| 1ST | 1st Floor | 17,378 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% | $195,852.97 | $195,852.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $110,927.68 | $110,927.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $79,561.56 | $79,561.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,983.95 | $24,983.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,888.45 | $21,888.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $433,214.61 | $433,214.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,226,870 | $21,168,717 | +9.7% |
| Assessed Value | $23,226,870 | $21,168,717 | +9.7% |
| Land Value | $4,932,299 | $4,932,299 | +0.0% |
| Improvement Value | $18,294,571 | $16,236,418 | +12.7% |
| Taxable Value | $23,226,870 | $21,168,717 | +9.7% |
| Total Tax 2026 = estimate |
~$475,334
Estimated
|
~$433,215
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,226,873 | $23,226,870 | -3 (-0.0%) |
| Taxable Value | $23,226,873 | $23,226,870 | -3 (-0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $23,226,870 | $4,932,299 | $18,294,571 | — | $23,226,870 | $23,226,870 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $21,168,717 | $4,932,299 | $16,236,418 | — | $21,168,717 | $21,168,717 | ~$433,215 | Partial |
| 2024 | $22,700,000 | — | — | −$17,767,701 | $4,932,299 | $— | $396,732 | Verified |
| 2023 | $20,000,000 | — | — | −$15,067,701 | $4,932,299 | $— | $411,488 | Verified |
| 2022 | $19,250,000 | — | — | −$17,732,370 | $1,517,630 | $— | $380,913 | Verified |
| 2021 | $4,450,000 | — | — | −$2,932,370 | $1,517,630 | $— | $421,861 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.7% | +9.7% | ~100% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | -8.6% | -8.6% | ~100% | 1.8500% | Verified |
| 2023 | +17.5% | +17.5% | ~100% | 1.7500% | Verified |
| 2022 | -9.0% | -9.0% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 9.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.7% | +70.6% | +45.1% | +332.6% | 2022 | -6.7% | 2025 |
| Assessment Ratio | 100.0% | 48.1% | — | 100.0% | 2025 | 7.9% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$433,215 | $408,842 | ~$552,340 | $433,215 | 2025 | $380,913 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,262,821 | ~$23,285,589 | ~2.0139% | ~$468,957 | +47.7% |
| 2027 | ~$46,170,205 | ~$25,614,148 | ~1.9814% | ~$507,516 | +118.1% |
| 2028 | ~$68,186,034 | ~$28,175,562 | ~1.9488% | ~$549,096 | +222.1% |
| 2029 | ~$100,699,905 | ~$30,993,119 | ~1.9163% | ~$593,918 | +375.7% |
| 2030 | ~$148,717,712 | ~$34,092,430 | ~1.8837% | ~$642,214 | +602.5% |
| 2026 | ~$30,839,447 | ~$23,285,589 | ~2.0465% | ~$476,536 | +45.7% |
| 2027 | ~$44,928,159 | ~$25,614,148 | ~2.0465% | ~$524,190 | +112.2% |
| 2028 | ~$65,453,168 | ~$28,175,562 | ~2.0465% | ~$576,609 | +209.2% |
| 2029 | ~$95,354,834 | ~$30,993,119 | ~2.0465% | ~$634,270 | +350.5% |
| 2030 | ~$138,916,797 | ~$34,092,430 | ~2.0465% | ~$697,696 | +556.2% |
| 2026 | ~$31,686,196 | ~$23,285,589 | ~1.9977% | ~$465,167 | +49.7% |
| 2027 | ~$47,429,185 | ~$25,614,148 | ~1.9488% | ~$499,179 | +124.1% |
| 2028 | ~$70,993,931 | ~$28,175,562 | ~1.9000% | ~$535,340 | +235.4% |
| 2029 | ~$106,266,601 | ~$30,993,119 | ~1.8512% | ~$573,743 | +402.0% |
| 2030 | ~$159,064,165 | ~$34,092,430 | ~1.8024% | ~$614,472 | +651.4% |
In 2025, this property's market value of $21,168,717 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $21,168,717 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $22,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $20,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $19,250,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,450,000 | $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.