3200 ESPERANZA CROSSING V TX 78758
| Owner | TR DOMAIN LLC |
|---|---|
| Parcel ID | 0256060506 |
| Short ID | 818023 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 416 SF |
| Acres | 0.010 |
| Year Built | — |
| Legal | COMMERCIAL PARKING UNIT PARKSIDE I CONDOMINIUM AMENDED PLUS .28 % INT IN COM AREA |
| Neighborhood | 87NOR |
| Land | $8,310 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,310 |
| Improvement | $22,561 |
|---|---|
| Total Improvement | $22,561 |
| Market | $30,871 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,871 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,871 |
| Taxable Value | $30,871 |
|---|
Appreciation: Market value has risen +215.1% from $9,796 (2021) to $30,871 (2025), a CAGR of 33.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $632. 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 27% of market value ($8,310 land vs $22,561 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $30,871, this parcel sits in the bottom quartile (<25th 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 +33.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $129,622 by 2030, with an estimated annual tax burden around $937. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 49,542 SF | ✓ |
Market value changed by 170% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $285.62 | $285.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $161.77 | $161.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $116.03 | $116.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $36.43 | $36.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $31.92 | $31.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $631.77 | $631.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,730 | $30,871 | -0.5% |
| Assessed Value | $30,730 | $30,871 | -0.5% |
| Land Value | $8,310 | $8,310 | +0.0% |
| Improvement Value | $22,420 | $22,561 | -0.6% |
| Taxable Value | $30,730 | $30,871 | -0.5% |
| Total Tax 2026 = estimate |
~$629
Estimated
|
~$632
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,730 | $30,730 | +0 (+0.0%) |
| Taxable Value | $30,730 | $30,730 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,730 | $8,310 | $22,420 | — | $30,730 | $30,730 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $30,871 | $8,310 | $22,561 | — | $30,871 | $30,871 | ~$632 | Partial |
| 2024 | $27,968 | — | — | −$19,658 | $8,310 | $— | $612 | Verified |
| 2023 | $10,373 | — | — | −$2,063 | $8,310 | $— | $506 | Verified |
| 2022 | $10,373 | — | — | −$2,063 | $8,310 | $— | $205 | Verified |
| 2021 | $9,796 | — | — | −$1,486 | $8,310 | $— | $226 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +10.4% | +10.4% | ~100% | 1.9800% | Verified |
| 2023 | +169.6% ! | +169.6% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +197.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.5% | +37.1% | +33.4% | +169.6% | 2024 | -0.5% | 2026 |
| Assessment Ratio | 100.0% | 79.1% | — | 100.0% | 2025 | 29.7% | 2024 |
| 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 |
$632 | $436 | ~$806 | $632 | 2025 | $205 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$41,132 | ~$33,958 | ~2.0139% | ~$684 | +33.2% |
| 2027 | ~$54,803 | ~$37,354 | ~1.9814% | ~$740 | +77.5% |
| 2028 | ~$73,018 | ~$41,089 | ~1.9488% | ~$801 | +136.5% |
| 2029 | ~$97,287 | ~$45,198 | ~1.9163% | ~$866 | +215.1% |
| 2030 | ~$129,622 | ~$49,718 | ~1.8837% | ~$937 | +319.9% |
| 2026 | ~$40,514 | ~$33,958 | ~2.0465% | ~$695 | +31.2% |
| 2027 | ~$53,170 | ~$37,354 | ~2.0465% | ~$764 | +72.2% |
| 2028 | ~$69,778 | ~$41,089 | ~2.0465% | ~$841 | +126.0% |
| 2029 | ~$91,575 | ~$45,198 | ~2.0465% | ~$925 | +196.6% |
| 2030 | ~$120,181 | ~$49,718 | ~2.0465% | ~$1,017 | +289.3% |
| 2026 | ~$41,749 | ~$33,958 | ~1.9977% | ~$678 | +35.2% |
| 2027 | ~$56,460 | ~$37,354 | ~1.9488% | ~$728 | +82.9% |
| 2028 | ~$76,355 | ~$41,089 | ~1.9000% | ~$781 | +147.3% |
| 2029 | ~$103,261 | ~$45,198 | ~1.8512% | ~$837 | +234.5% |
| 2030 | ~$139,647 | ~$49,718 | ~1.8024% | ~$896 | +352.4% |
In 2025, this property's market value of $30,871 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -98% below 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 | $30,871 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $27,968 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $10,373 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $10,373 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $9,796 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.