8001 PALMA VERDE DR TX 78744
| Owner | BCORE SELECT RAVEN TX LP |
|---|---|
| Parcel ID | 0312200110 |
| Short ID | 483335 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 47,794 SF |
| Land SF | 142,702 SF |
| Acres | 3.276 |
| Year Built | 2006 |
| Legal | LOT 5-D BLK C METRO CENTER SEC 5 RESUB OF LOTS 4&5 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35SE2 |
| Land | $1,141,616 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,141,616 |
| Improvement | $21,358,384 |
|---|---|
| Total Improvement | $21,358,384 |
| Market | $22,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $22,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $22,500,000 |
| Taxable Value | $22,500,000 |
|---|
Appreciation: Market value has risen +17.8% from $19,107,870 (2021) to $22,500,000 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. 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 $465,792. 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 5% of market value ($1,141,616 land vs $21,358,384 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $22,500,000, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,599,125 by 2030, with an estimated annual tax burden around $486,212. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 90,000 SF | ✗ |
| 1ST | 1st Floor | 15,932 SF | ✓ |
| 2ND | 2nd Floor | 15,931 SF | ✓ |
| 3RD | 3rd Floor | 15,931 SF | ✓ |
| 4TH | 4th Floor | 15,931 SF | ✓ |
| 5TH | 5th Floor | 15,931 SF | ✓ |
| 501 | CANOPY | 1,117 SF | ✗ |
| 611 | TERRACE | 217 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% | $213,502.50 | $213,502.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $117,903.83 | $117,903.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $84,565.13 | $84,565.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $26,555.18 | $26,555.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $23,265.00 | $23,265.00 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $465,791.64 | $465,791.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,537,572 | $22,500,000 | -13.2% |
| Assessed Value | $19,537,572 | $22,500,000 | -13.2% |
| Land Value | $1,141,616 | $1,141,616 | +0.0% |
| Improvement Value | $18,395,956 | $21,358,384 | -13.9% |
| Taxable Value | $19,537,572 | $22,500,000 | -13.2% |
| Total Tax 2026 = estimate |
~$404,464
Estimated
|
~$465,792
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,537,575 | $19,537,572 | -3 (-0.0%) |
| Taxable Value | $19,537,575 | $19,537,572 | -3 (-0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,537,572 | $1,141,616 | $18,395,956 | — | $19,537,572 | $19,537,572 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $22,500,000 | $1,141,616 | $21,358,384 | — | $22,500,000 | $22,500,000 | ~$465,792 | Partial |
| 2024 | $18,900,000 | — | — | −$17,758,384 | $1,141,616 | $— | $415,784 | Verified |
| 2023 | $17,500,000 | — | — | −$16,358,384 | $1,141,616 | $— | $370,609 | Verified |
| 2022 | $15,900,000 | — | — | −$14,758,384 | $1,141,616 | $— | $380,071 | Verified |
| 2021 | $19,107,870 | — | — | −$17,966,254 | $1,141,616 | $— | $368,400 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.2% | -13.2% | ~100% | Not available | Partial |
| 2025 | +9.8% | +9.8% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0300% | Verified |
| 2023 | +7.4% | +7.4% | ~100% | 1.8100% | Verified |
| 2022 | +20.0% | +20.0% | ~100% | 1.9900% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.2% | +1.4% | +7.3% | +19.0% | 2025 | -16.8% | 2022 |
| Assessment Ratio | 100.0% | 37.6% | — | 100.0% | 2025 | 6.0% | 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 |
$465,792 | $400,131 | ~$478,966 | $465,792 | 2025 | $368,400 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$23,438,244 | ~$23,438,244 | ~2.0085% | ~$470,754 | +4.2% |
| 2027 | ~$24,415,613 | ~$24,415,613 | ~1.9468% | ~$475,320 | +8.5% |
| 2028 | ~$25,433,738 | ~$25,433,738 | ~1.8851% | ~$479,449 | +13.0% |
| 2029 | ~$26,494,319 | ~$26,494,319 | ~1.8234% | ~$483,095 | +17.8% |
| 2030 | ~$27,599,125 | ~$27,599,125 | ~1.7617% | ~$486,212 | +22.7% |
| 2026 | ~$22,988,244 | ~$22,988,244 | ~2.0702% | ~$475,899 | +2.2% |
| 2027 | ~$23,487,084 | ~$23,487,084 | ~2.0702% | ~$486,226 | +4.4% |
| 2028 | ~$23,996,747 | ~$23,996,747 | ~2.0702% | ~$496,777 | +6.7% |
| 2029 | ~$24,517,471 | ~$24,517,471 | ~2.0702% | ~$507,557 | +9.0% |
| 2030 | ~$25,049,494 | ~$25,049,494 | ~2.0702% | ~$518,571 | +11.3% |
| 2026 | ~$23,888,244 | ~$23,888,244 | ~1.9776% | ~$472,423 | +6.2% |
| 2027 | ~$25,362,143 | ~$25,362,143 | ~1.8851% | ~$478,099 | +12.7% |
| 2028 | ~$26,926,981 | ~$26,926,981 | ~1.7925% | ~$482,677 | +19.7% |
| 2029 | ~$28,588,369 | ~$28,588,369 | ~1.7000% | ~$486,001 | +27.1% |
| 2030 | ~$30,352,264 | ~$30,352,264 | ~1.6074% | ~$487,896 | +34.9% |
In 2025, this property's market value of $22,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 16× 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 | $22,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $18,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $17,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $15,900,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $19,107,870 | $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.