9532 SPIRIT OF AUSTIN LN AUSTIN, TX 78719
| Owner | HYATT PLACE AUSTIN AIRPORT |
|---|---|
| Parcel ID | 0315210923 |
| Short ID | 724575 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 61,228 SF |
| Land SF | 971,153 SF |
| Acres | 22.295 |
| Year Built | 2017 |
| Legal | ABS 24 DELVALLE S ACR 3.4 (IMPROVEMENT ONLY) |
| Neighborhood | 35SE3 |
| Land | $3,505,874 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,505,874 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $44,605,909 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $44,605,909 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $44,605,909 |
| Exemptions (−) | −$22,069,181 |
|---|---|
| Taxable Value | $22,536,728 |
Appreciation: Market value has fallen -20.4% from $56,069,631 (2021) to $44,605,909 (2025), a CAGR of -5.6% over 4 years. Growth has been relatively flat for this asset class. 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 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 $466,552. 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 8% of market value ($3,505,874 land vs $0 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $44,605,909, 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 -5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $33,513,768 by 2030, with an estimated annual tax burden around $590,410. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 84,700 SF | ✗ |
| 491 | SPRINKLER HEADS | 80,563 SF | ✗ |
| 1ST | 1st Floor | 21,908 SF | ✓ |
| 2ND | 2nd Floor | 19,984 SF | ✓ |
| 3RD | 3rd Floor | 19,335 SF | ✓ |
| 4TH | 4th Floor | 19,335 SF | ✓ |
| 611 | TERRACE | 2,439 SF | ✗ |
| 501 | CANOPY | 1,925 SF | ✗ |
| 601 | POOL COMM'L | 721 SF | ✗ |
| 482 | LIGHT POLES | 17 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 724575 | CITY OF AUSTIN | 3600 PRESIDENTIAL BLVD 78719 | — | — | — |
| 901803 | SCOTT AIRPORT PARKING LLC | 9518 HOTEL DR 78719 | $19,424,644 | $19,424,644 | $0 |
| 903021 | CITY OF AUSTIN | ABS 24 DELVALLE S ACR 18.8946 | $2,469,146 | $2,469,146 | $0 |
| 903610 | CITY OF AUSTIN | 9532 SPIRIT OF AUSTIN LN 78719 | $1,036,728 | $1,036,728 | $1,036,728 |
| 904257 | HYATT PLACE AUSTIN AIRPORT | 9532 SPIRIT OF AUSTIN LN AUSTIN 78719 | $23,357,105 | $23,357,105 | $23,357,105 |
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% | $213,851.01 | $213,851.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $118,096.29 | $118,096.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $84,703.17 | $84,703.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $26,598.53 | $26,598.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $23,302.98 | $23,302.98 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $466,551.98 | $466,551.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,287,623 | $44,605,909 | +3.8% |
| Assessed Value | $46,287,623 | $44,605,909 | +3.8% |
| Land Value | $3,505,874 | $3,505,874 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $24,393,833 | $22,536,728 | +8.2% |
| Exemptions | — | E | |
| Total Tax 2026 = estimate |
~$504,997
Estimated
|
~$466,552
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $48,900,939 | $46,287,623 | -2,613,316 (-5.3%) |
| Taxable Value | $27,007,149 | $24,393,833 | -2,613,316 (-9.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $46,287,623 | $3,505,874 | — | — | $46,287,623 | $24,393,833 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $44,605,909 | $3,505,874 | — | — | $44,605,909 | $22,536,728 | ~$466,552 | Partial |
| 2024 | $39,992,531 | — | — | −$38,955,803 | $1,036,728 | $— | $528,081 | Verified |
| 2023 | $27,704,254 | — | — | −$26,667,526 | $1,036,728 | $— | $414,657 | Verified |
| 2022 | $26,634,661 | — | — | −$25,597,933 | $1,036,728 | $— | $302,304 | Verified |
| 2021 | $56,069,631 | — | — | −$55,032,903 | $1,036,728 | $— | $291,588 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.8% | +20.8% | ~100% | Not available | Partial |
| 2025 | -14.0% | -14.0% | ~100% | Not available | Partial |
| 2024 | +23.8% | +23.8% | ~100% | 0.7500% | Verified |
| 2023 | +21.4% | +21.4% | ~100% | 0.6400% | Verified |
| 2022 | -23.6% | -23.6% | ~100% | 0.5400% | Verified |
| 2021 | base year | — | ~100% | 0.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.8% | +2.2% | -6.2% | +44.4% | 2024 | -52.5% | 2022 |
| Assessment Ratio | 100.0% | 35.3% | — | 100.0% | 2025 | 1.8% | 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 |
$466,552 | $400,636 | ~$713,284 | $528,081 | 2024 | $291,588 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$42,126,809 | ~$42,126,809 | ~2.0085% | ~$846,111 | -5.6% |
| 2027 | ~$39,785,493 | ~$39,785,493 | ~1.9468% | ~$774,539 | -10.8% |
| 2028 | ~$37,574,302 | ~$37,574,302 | ~1.8851% | ~$708,309 | -15.8% |
| 2029 | ~$35,486,003 | ~$35,486,003 | ~1.8234% | ~$647,049 | -20.4% |
| 2030 | ~$33,513,768 | ~$33,513,768 | ~1.7617% | ~$590,410 | -24.9% |
| 2026 | ~$42,375,614 | ~$42,375,614 | ~2.0702% | ~$877,254 | -5.0% |
| 2027 | ~$40,256,833 | ~$40,256,833 | ~2.0702% | ~$833,391 | -9.7% |
| 2028 | ~$38,243,991 | ~$38,243,991 | ~2.0702% | ~$791,721 | -14.3% |
| 2029 | ~$36,331,792 | ~$36,331,792 | ~2.0702% | ~$752,135 | -18.5% |
| 2030 | ~$34,515,202 | ~$34,515,202 | ~2.0702% | ~$714,529 | -22.6% |
| 2026 | ~$43,018,928 | ~$43,018,928 | ~1.9776% | ~$850,758 | -3.6% |
| 2027 | ~$41,488,408 | ~$41,488,408 | ~1.8851% | ~$782,094 | -7.0% |
| 2028 | ~$40,012,340 | ~$40,012,340 | ~1.7925% | ~$717,238 | -10.3% |
| 2029 | ~$38,588,788 | ~$38,588,788 | ~1.7000% | ~$656,007 | -13.5% |
| 2030 | ~$37,215,883 | ~$37,215,883 | ~1.6074% | ~$598,225 | -16.6% |
In 2025, this property's market value of $44,605,909 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 31× 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 | $44,605,909 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $39,992,531 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $27,704,254 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $26,634,661 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $56,069,631 | $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.