2800 ESPERANZA CROSSING B TX 78758
| Owner | ESPERANZA HOSPITALITY LLC |
|---|---|
| Parcel ID | 0256080907 |
| Short ID | 820059 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 48,951 SF |
| Land SF | 106,156 SF |
| Acres | 2.437 |
| Year Built | 2015 |
| Legal | LOT 1 & 2 BLK A IBM SUBD EAST RESUB OF LOT 1A BLK A AMENDED PLAT OF LOTS 1&2 BLK A |
| Neighborhood | 35NO2 |
| Land | $10,615,572 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,615,572 |
| Improvement | $10,384,428 |
|---|---|
| Total Improvement | $10,384,428 |
| Market | $21,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,000,000 |
| Exemptions (−) | −$14,553 |
|---|---|
| Taxable Value | $20,985,447 |
Appreciation: Market value has risen +12.3% from $18,700,000 (2021) to $21,000,000 (2025), a CAGR of 2.9% 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 $429,464. 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 51% of market value ($10,615,572 land vs $10,384,428 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $21,000,000, 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 +2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,276,798 by 2030, with an estimated annual tax burden around $457,312. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 1ST | 1st Floor | 16,317 SF | ✓ |
| 2ND | 2nd Floor | 16,317 SF | ✓ |
| 3RD | 3rd Floor | 16,317 SF | ✓ |
| 4TH | 4th Floor | 16,317 SF | ✓ |
| 5TH | 5th Floor | 16,317 SF | ✓ |
| 611 | TERRACE | 2,269 SF | ✗ |
| 501 | CANOPY | 867 SF | ✗ |
| 601 | POOL COMM'L | 750 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 42 SF | ✓ |
| 482 | LIGHT POLES | 9 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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% | $194,157.36 | $194,157.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $109,967.31 | $109,967.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,872.75 | $78,872.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,767.65 | $24,767.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,698.95 | $21,698.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $429,464.02 | $429,464.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,700,000 | $21,000,000 | +3.3% |
| Assessed Value | $21,700,000 | $21,000,000 | +3.3% |
| Land Value | $10,615,572 | $10,615,572 | +0.0% |
| Improvement Value | $11,084,428 | $10,384,428 | +6.7% |
| Taxable Value | $21,685,447 | $20,985,447 | +3.3% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$443,789
Estimated
|
~$429,464
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,543,163 | $21,700,000 | -1,843,163 (-7.8%) |
| Taxable Value | $23,528,610 | $21,685,447 | -1,843,163 (-7.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,700,000 | $10,615,572 | $11,084,428 | — | $21,700,000 | $21,685,447 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $21,000,000 | $10,615,572 | $10,384,428 | — | $21,000,000 | $20,985,447 | ~$429,464 | Partial |
| 2024 | $21,150,000 | — | — | −$10,534,428 | $10,615,572 | $— | $436,623 | Verified |
| 2023 | $20,150,000 | — | — | −$9,534,428 | $10,615,572 | $— | $383,543 | Verified |
| 2022 | $15,600,000 | — | — | −$8,699,878 | $6,900,122 | $— | $376,370 | Verified |
| 2021 | $18,700,000 | — | — | −$12,330,657 | $6,369,343 | $— | $340,809 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2025 | -8.7% | -8.7% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | 1.9000% | Verified |
| 2023 | +11.7% | +11.7% | ~100% | 1.7000% | Verified |
| 2022 | +20.0% | +20.0% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 1.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.3% | +4.0% | +2.3% | +29.2% | 2023 | -16.6% | 2022 |
| Assessment Ratio | 100.0% | 63.5% | — | 100.0% | 2025 | 34.1% | 2021 |
| 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 |
$429,464 | $393,362 | ~$446,399 | $436,623 | 2024 | $340,809 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$21,617,911 | ~$21,617,911 | ~2.0139% | ~$435,371 | +2.9% |
| 2027 | ~$22,254,003 | ~$22,254,003 | ~1.9814% | ~$440,938 | +6.0% |
| 2028 | ~$22,908,812 | ~$22,908,812 | ~1.9488% | ~$446,456 | +9.1% |
| 2029 | ~$23,582,888 | ~$23,582,888 | ~1.9163% | ~$451,917 | +12.3% |
| 2030 | ~$24,276,798 | ~$24,276,798 | ~1.8837% | ~$457,312 | +15.6% |
| 2026 | ~$21,197,911 | ~$21,197,911 | ~2.0465% | ~$433,812 | +0.9% |
| 2027 | ~$21,397,686 | ~$21,397,686 | ~2.0465% | ~$437,900 | +1.9% |
| 2028 | ~$21,599,345 | ~$21,599,345 | ~2.0465% | ~$442,027 | +2.9% |
| 2029 | ~$21,802,904 | ~$21,802,904 | ~2.0465% | ~$446,193 | +3.8% |
| 2030 | ~$22,008,381 | ~$22,008,381 | ~2.0465% | ~$450,398 | +4.8% |
| 2026 | ~$22,037,911 | ~$22,037,911 | ~1.9977% | ~$440,243 | +4.9% |
| 2027 | ~$23,127,119 | ~$23,127,119 | ~1.9488% | ~$450,710 | +10.1% |
| 2028 | ~$24,270,161 | ~$24,270,161 | ~1.9000% | ~$461,137 | +15.6% |
| 2029 | ~$25,469,697 | ~$25,469,697 | ~1.8512% | ~$471,494 | +21.3% |
| 2030 | ~$26,728,520 | ~$26,728,520 | ~1.8024% | ~$481,747 | +27.3% |
In 2025, this property's market value of $21,000,000 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 | $21,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,150,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $20,150,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $15,600,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $18,700,000 | $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.