1311 AIRPORT COMMERCE DR TX 78741
| Owner | ESA P PORTFOLIO LLC |
|---|---|
| Parcel ID | 0310200209 |
| Short ID | 905706 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 41,460 SF |
| Land SF | 107,909 SF |
| Acres | 2.477 |
| Year Built | 2020 |
| Legal | LOT 2 BLK A AIRPORT COMMERCE SEC 2 RESUB OF LOT 1A BLK A |
| Neighborhood | 35SE1 |
| Land | $2,158,180 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,158,180 |
| Improvement | $7,234,031 |
|---|---|
| Total Improvement | $7,234,031 |
| Market | $9,392,211 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,392,211 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,392,211 |
| Taxable Value | $9,392,211 |
|---|
Appreciation: Market value has risen +139.3% from $3,924,745 (2021) to $9,392,211 (2025), a CAGR of 24.4% 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $194,436. 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 23% of market value ($2,158,180 land vs $7,234,031 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,392,211, 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 +24.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,955,247 by 2030, with an estimated annual tax burden around $266,478. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 13,820 SF | ✓ |
| 2ND | 2nd Floor | 13,820 SF | ✓ |
| 3RD | 3rd Floor | 13,820 SF | ✓ |
| 4TH | 4th Floor | 13,820 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% | $84,452.10 | $84,452.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $46,637.51 | $46,637.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,450.21 | $33,450.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,504.05 | $10,504.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,202.60 | $9,202.60 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $184,246.47 | $184,246.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,900,000 | $9,392,211 | -5.2% |
| Assessed Value | $8,900,000 | $9,392,211 | -5.2% |
| Land Value | $2,158,180 | $2,158,180 | +0.0% |
| Improvement Value | $6,741,820 | $7,234,031 | -6.8% |
| Taxable Value | $8,900,000 | $9,392,211 | -5.2% |
| Total Tax 2026 = estimate |
~$184,246
Estimated
|
~$184,246
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,105,386 | $8,900,000 | -1,205,386 (-11.9%) |
| Taxable Value | $10,105,386 | $8,900,000 | -1,205,386 (-11.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,900,000 | $2,158,180 | $6,741,820 | — | $8,900,000 | $8,900,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,392,211 | $2,158,180 | $7,234,031 | — | $9,392,211 | $9,392,211 | ~$184,246 | Partial |
| 2024 | $10,800,000 | — | — | −$8,641,820 | $2,158,180 | $— | $227,160 | Verified |
| 2023 | $10,600,000 | — | — | −$9,736,728 | $863,272 | $— | $210,875 | Verified |
| 2022 | $8,197,128 | — | — | −$7,333,856 | $863,272 | $— | $229,270 | Verified |
| 2021 | $3,924,745 | — | — | −$3,061,473 | $863,272 | $— | $189,926 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.6% | +7.6% | ~100% | Not available | Partial |
| 2025 | -16.1% | -16.1% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 2.0300% | Verified |
| 2023 | +5.4% | +5.4% | ~100% | 1.8900% | Verified |
| 2022 | +29.3% | +29.3% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 4.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +24.4% | +25.8% | +108.9% | 2022 | -13.0% | 2025 |
| Assessment Ratio | 100.0% | 43.4% | — | 100.0% | 2025 | 8.1% | 2023 |
| Effective Tax Rate (2025) | 1.9600% | 1.9600% | — | 1.9600% | 2025 | 1.9600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$184,246 | $208,295 | ~$236,324 | $229,270 | 2022 | $184,246 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,681,724 | ~$10,331,432 | ~2.0085% | ~$207,505 | +24.4% |
| 2027 | ~$14,529,345 | ~$11,364,575 | ~1.9468% | ~$221,244 | +54.7% |
| 2028 | ~$18,071,123 | ~$12,501,033 | ~1.8851% | ~$235,656 | +92.4% |
| 2029 | ~$22,476,270 | ~$13,751,136 | ~1.8234% | ~$250,737 | +139.3% |
| 2030 | ~$27,955,247 | ~$15,126,250 | ~1.7617% | ~$266,478 | +197.6% |
| 2026 | ~$11,493,880 | ~$10,331,432 | ~2.0702% | ~$213,880 | +22.4% |
| 2027 | ~$14,065,833 | ~$11,364,575 | ~2.0702% | ~$235,268 | +49.8% |
| 2028 | ~$17,213,305 | ~$12,501,033 | ~2.0702% | ~$258,795 | +83.3% |
| 2029 | ~$21,065,078 | ~$13,751,136 | ~2.0702% | ~$284,674 | +124.3% |
| 2030 | ~$25,778,752 | ~$15,126,250 | ~2.0702% | ~$313,141 | +174.5% |
| 2026 | ~$11,869,568 | ~$10,331,432 | ~1.9776% | ~$204,318 | +26.4% |
| 2027 | ~$15,000,371 | ~$11,364,575 | ~1.8851% | ~$214,232 | +59.7% |
| 2028 | ~$18,956,977 | ~$12,501,033 | ~1.7925% | ~$224,086 | +101.8% |
| 2029 | ~$23,957,205 | ~$13,751,136 | ~1.7000% | ~$233,768 | +155.1% |
| 2030 | ~$30,276,330 | ~$15,126,250 | ~1.6074% | ~$243,146 | +222.4% |
In 2025, this property's market value of $9,392,211 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,392,211 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,197,128 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,924,745 | $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.