1611 AIRPORT COMMERCE DR AUSTIN, TX 78741
| Owner | SKY INN OPERATION INC |
|---|---|
| Parcel ID | 0310200201 |
| Short ID | 483298 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 79,276 SF |
| Land SF | 139,400 SF |
| Acres | 3.200 |
| Year Built | 2007 |
| Legal | LOT 9 BLK B AIRPORT COMMERCE PARK SEC 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35SE1 |
| Land | $2,788,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,788,000 |
| Improvement | $12,411,148 |
|---|---|
| Total Improvement | $12,411,148 |
| Market | $15,199,148 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,199,148 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,199,148 |
| Taxable Value | $15,199,148 |
|---|
Appreciation: Market value has fallen -5.6% from $16,100,000 (2021) to $15,199,148 (2025), a CAGR of -1.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $314,650. Del Valle ISD is the largest single contributor, at 45.8% 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 18% of market value ($2,788,000 land vs $12,411,148 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,199,148, 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 -1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,143,632 by 2030, with an estimated annual tax burden around $249,167. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 105,702 SF | ✗ |
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 1ST | 1st Floor | 26,426 SF | ✓ |
| 4TH | 4th Floor | 26,426 SF | ✓ |
| 2ND | 2nd Floor | 26,425 SF | ✓ |
| 3RD | 3rd Floor | 26,425 SF | ✓ |
| 450 | SPORT COURT | 3,200 SF | ✗ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 501 | CANOPY | 324 SF | ✗ |
| 482 | LIGHT POLES | 30 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $144,224.72 | $144,224.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $79,646.12 | $79,646.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $57,125.24 | $57,125.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,938.49 | $17,938.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,715.92 | $15,715.92 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $314,650.49 | $314,650.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,984,819 | $15,199,148 | +18.3% |
| Assessed Value | $17,984,819 | $15,199,148 | +18.3% |
| Land Value | $2,788,000 | $2,788,000 | +0.0% |
| Improvement Value | $15,196,819 | $12,411,148 | +22.4% |
| Taxable Value | $17,984,819 | $15,199,148 | +18.3% |
| Total Tax 2026 = estimate |
~$372,319
Estimated
|
~$314,650
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $18,442,567 | $17,984,819 | -457,748 (-2.5%) |
| Taxable Value | $18,442,567 | $17,984,819 | -457,748 (-2.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $17,984,819 | $2,788,000 | $15,196,819 | — | $17,984,819 | $17,984,819 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,199,148 | $2,788,000 | $12,411,148 | — | $15,199,148 | $15,199,148 | ~$314,650 | Partial |
| 2024 | $18,723,097 | — | — | −$15,935,097 | $2,788,000 | $— | $447,757 | Verified |
| 2023 | $15,500,000 | — | — | −$14,106,000 | $1,394,000 | $— | $365,577 | Verified |
| 2022 | $13,850,000 | — | — | −$12,456,000 | $1,394,000 | $— | $317,707 | Verified |
| 2021 | $16,100,000 | — | — | −$14,706,000 | $1,394,000 | $— | $302,098 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.3% | +21.3% | ~100% | Not available | Partial |
| 2025 | -38.2% | -38.2% | ~100% | Not available | Partial |
| 2024 | +31.3% | +31.3% | ~100% | 1.8200% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.9500% | Verified |
| 2022 | +11.9% | +11.9% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 1.8800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.3% | +3.6% | -4.5% | +20.8% | 2024 | -18.8% | 2025 |
| Assessment Ratio | 100.0% | 40.4% | — | 100.0% | 2025 | 8.7% | 2021 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$314,650 | $349,558 | ~$274,723 | $447,757 | 2024 | $302,098 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,981,924 | ~$14,981,924 | ~2.0085% | ~$300,910 | -1.4% |
| 2027 | ~$14,767,804 | ~$14,767,804 | ~1.9468% | ~$287,498 | -2.8% |
| 2028 | ~$14,556,745 | ~$14,556,745 | ~1.8851% | ~$274,408 | -4.2% |
| 2029 | ~$14,348,702 | ~$14,348,702 | ~1.8234% | ~$261,633 | -5.6% |
| 2030 | ~$14,143,632 | ~$14,143,632 | ~1.7617% | ~$249,167 | -6.9% |
| 2026 | ~$14,677,941 | ~$14,677,941 | ~2.0702% | ~$303,861 | -3.4% |
| 2027 | ~$14,174,607 | ~$14,174,607 | ~2.0702% | ~$293,441 | -6.7% |
| 2028 | ~$13,688,533 | ~$13,688,533 | ~2.0702% | ~$283,378 | -9.9% |
| 2029 | ~$13,219,128 | ~$13,219,128 | ~2.0702% | ~$273,660 | -13.0% |
| 2030 | ~$12,765,819 | ~$12,765,819 | ~2.0702% | ~$264,276 | -16.0% |
| 2026 | ~$15,285,907 | ~$15,285,907 | ~1.9776% | ~$302,300 | +0.6% |
| 2027 | ~$15,373,161 | ~$15,373,161 | ~1.8851% | ~$289,798 | +1.1% |
| 2028 | ~$15,460,913 | ~$15,460,913 | ~1.7925% | ~$277,143 | +1.7% |
| 2029 | ~$15,549,166 | ~$15,549,166 | ~1.7000% | ~$264,335 | +2.3% |
| 2030 | ~$15,637,923 | ~$15,637,923 | ~1.6074% | ~$251,371 | +2.9% |
In 2025, this property's market value of $15,199,148 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,199,148 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $18,723,097 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,850,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $16,100,000 | $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.