12409 TECH RIDGE BLVD TX 78753
| Owner | TECH RIDGE HOSPITALITY LLC |
|---|---|
| Parcel ID | 0256260109 |
| Short ID | 907676 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 34,000 SF |
| Land SF | 50,530 SF |
| Acres | 1.160 |
| Year Built | 2021 |
| Legal | LOT 3 BLK A TECH RIDGE CENTER PHS VI LT 3 |
| Neighborhood | 35NE1 |
| Land | $757,944 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $757,944 |
| Improvement | $4,242,056 |
|---|---|
| Total Improvement | $4,242,056 |
| Market | $5,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,000,000 |
| Taxable Value | $5,000,000 |
|---|
Appreciation: Market value has risen +4.4% from $4,791,432 (2022) to $5,000,000 (2025), a CAGR of 1.4% over 3 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 Land/Vacant parcel countywide rose +54.6%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $111,409. Pflugerville ISD is the largest single contributor, at 49.7% 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 15% of market value ($757,944 land vs $4,242,056 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,000,000, 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 +1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,367,983 by 2030, with an estimated annual tax burden around $101,170. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 34,000 SF | ✓ |
Market value changed by 172% in 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $55,345.00 | $55,345.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,200.85 | $26,200.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,792.25 | $18,792.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,901.15 | $5,901.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,170.00 | $5,170.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $111,409.25 | $111,409.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,000,000 | $5,000,000 | +0.0% |
| Assessed Value | $5,000,000 | $5,000,000 | +0.0% |
| Land Value | $757,944 | $757,944 | +0.0% |
| Improvement Value | $4,242,056 | $4,242,056 | +0.0% |
| Taxable Value | $5,000,000 | $5,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$111,409
Estimated
|
~$111,409
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,293,549 | $5,000,000 | -293,549 (-5.5%) |
| Taxable Value | $5,293,549 | $5,000,000 | -293,549 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,000,000 | $757,944 | $4,242,056 | — | $5,000,000 | $5,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,000,000 | $757,944 | $4,242,056 | — | $5,000,000 | $5,000,000 | ~$111,409 | Partial |
| 2024 | $4,910,000 | — | — | — | — | $— | $117,602 | Verified |
| 2023 | $6,100,000 | — | — | — | — | $— | $94,998 | Verified |
| 2022 | $4,791,432 | — | — | — | — | $— | $128,027 | Verified |
| 2021 | $— | — | — | — | — | $— | $119,929 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.9% | +5.9% | ~100% | Not available | Partial |
| 2025 | -9.1% | -9.1% | ~100% | Not available | Partial |
| 2024 | +12.0% | +12.0% | ~100% | 2.1400% | Verified |
| 2023 | -62.3% | -62.3% | ~100% | 1.9300% | Verified |
| 2022 | +171.7% ! | +171.7% | ~100% | 0.9800% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.4% | +1.4% | +27.3% | 2023 | -19.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$111,409 | $113,009 | ~$105,425 | $128,027 | 2022 | $94,998 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,071,521 | ~$5,071,521 | ~2.1595% | ~$109,519 | +1.4% |
| 2027 | ~$5,144,065 | ~$5,144,065 | ~2.0908% | ~$107,551 | +2.9% |
| 2028 | ~$5,217,647 | ~$5,217,647 | ~2.0221% | ~$105,505 | +4.4% |
| 2029 | ~$5,292,281 | ~$5,292,281 | ~1.9534% | ~$103,379 | +5.8% |
| 2030 | ~$5,367,983 | ~$5,367,983 | ~1.8847% | ~$101,170 | +7.4% |
| 2026 | ~$4,971,521 | ~$4,971,521 | ~2.2282% | ~$110,775 | -0.6% |
| 2027 | ~$4,943,204 | ~$4,943,204 | ~2.2282% | ~$110,144 | -1.1% |
| 2028 | ~$4,915,049 | ~$4,915,049 | ~2.2282% | ~$109,516 | -1.7% |
| 2029 | ~$4,887,054 | ~$4,887,054 | ~2.2282% | ~$108,893 | -2.3% |
| 2030 | ~$4,859,218 | ~$4,859,218 | ~2.2282% | ~$108,272 | -2.8% |
| 2026 | ~$5,171,521 | ~$5,171,521 | ~2.1251% | ~$109,902 | +3.4% |
| 2027 | ~$5,348,926 | ~$5,348,926 | ~2.0221% | ~$108,160 | +7.0% |
| 2028 | ~$5,532,417 | ~$5,532,417 | ~1.9190% | ~$106,169 | +10.6% |
| 2029 | ~$5,722,202 | ~$5,722,202 | ~1.8160% | ~$103,915 | +14.4% |
| 2030 | ~$5,918,497 | ~$5,918,497 | ~1.7129% | ~$101,381 | +18.4% |
In 2025, this property's market value of $5,000,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 59× 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 | $5,000,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $4,910,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $6,100,000 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $4,791,432 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | 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.