3120 MONTOPOLIS DR AUSTIN, TX 78744
| Owner | PBS HOSPITALITY INC |
|---|---|
| Parcel ID | 0316100201 |
| Short ID | 292508 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 22,986 SF |
| Land SF | 38,316 SF |
| Acres | 0.880 |
| Year Built | 2004 |
| Legal | LOT 65 *LESS E 11.83 FT & LOT 66 *LESS E 7.62 FT BOYD J CODY SUBD SEC 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35SE2 |
| Land | $344,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $344,840 |
| Improvement | $2,955,160 |
|---|---|
| Total Improvement | $2,955,160 |
| Market | $3,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,300,000 |
| Taxable Value | $3,300,000 |
|---|
Appreciation: Market value has risen +50.0% from $2,200,000 (2021) to $3,300,000 (2025), a CAGR of 10.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $68,316. 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 10% of market value ($344,840 land vs $2,955,160 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,300,000, this parcel sits in the upper-middle (50th–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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,478,076 by 2030, with an estimated annual tax burden around $93,628. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,000 SF | ✗ |
| 2ND | 2nd Floor | 7,694 SF | ✓ |
| 3RD | 3rd Floor | 7,694 SF | ✓ |
| 1ST | 1st Floor | 7,598 SF | ✓ |
| 501 | CANOPY | 530 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% | $31,313.70 | $31,313.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,292.56 | $17,292.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,402.89 | $12,402.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,894.76 | $3,894.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,412.20 | $3,412.20 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $68,316.11 | $68,316.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,303,545 | $3,300,000 | +0.1% |
| Assessed Value | $3,303,545 | $3,300,000 | +0.1% |
| Land Value | $344,840 | $344,840 | +0.0% |
| Improvement Value | $2,958,705 | $2,955,160 | +0.1% |
| Taxable Value | $3,303,545 | $3,300,000 | +0.1% |
| Total Tax 2026 = estimate |
~$68,389
Estimated
|
~$68,316
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,462,895 | $3,303,545 | -159,350 (-4.6%) |
| Taxable Value | $3,462,895 | $3,303,545 | -159,350 (-4.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,303,545 | $344,840 | $2,958,705 | — | $3,303,545 | $3,303,545 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,300,000 | $344,840 | $2,955,160 | — | $3,300,000 | $3,300,000 | ~$68,316 | Partial |
| 2024 | $4,584,503 | — | — | −$4,239,663 | $344,840 | $— | $67,341 | Verified |
| 2023 | $3,290,000 | — | — | −$2,945,160 | $344,840 | $— | $82,386 | Verified |
| 2022 | $2,200,000 | — | — | −$1,855,160 | $344,840 | $— | $71,160 | Verified |
| 2021 | $2,200,000 | — | — | −$1,855,160 | $344,840 | $— | $50,974 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | -13.2% | -13.2% | ~100% | Not available | Partial |
| 2024 | -17.1% | -17.1% | ~100% | 1.7700% | Verified |
| 2023 | +39.3% | +39.3% | ~100% | 1.8000% | Verified |
| 2022 | +49.5% | +49.5% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +12.2% | +10.6% | +49.5% | 2023 | -28.0% | 2025 |
| Assessment Ratio | 100.0% | 41.6% | — | 100.0% | 2025 | 7.5% | 2024 |
| 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 |
$68,316 | $68,035 | ~$83,034 | $82,386 | 2023 | $50,974 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,652,050 | ~$3,630,000 | ~2.0085% | ~$72,908 | +10.7% |
| 2027 | ~$4,041,658 | ~$3,993,000 | ~1.9468% | ~$77,735 | +22.5% |
| 2028 | ~$4,472,830 | ~$4,392,300 | ~1.8851% | ~$82,799 | +35.5% |
| 2029 | ~$4,950,000 | ~$4,831,530 | ~1.8234% | ~$88,098 | +50.0% |
| 2030 | ~$5,478,076 | ~$5,314,683 | ~1.7617% | ~$93,628 | +66.0% |
| 2026 | ~$3,586,050 | ~$3,586,050 | ~2.0702% | ~$74,238 | +8.7% |
| 2027 | ~$3,896,896 | ~$3,896,896 | ~2.0702% | ~$80,673 | +18.1% |
| 2028 | ~$4,234,686 | ~$4,234,686 | ~2.0702% | ~$87,666 | +28.3% |
| 2029 | ~$4,601,757 | ~$4,601,757 | ~2.0702% | ~$95,265 | +39.4% |
| 2030 | ~$5,000,646 | ~$5,000,646 | ~2.0702% | ~$103,523 | +51.5% |
| 2026 | ~$3,718,050 | ~$3,630,000 | ~1.9776% | ~$71,788 | +12.7% |
| 2027 | ~$4,189,060 | ~$3,993,000 | ~1.8851% | ~$75,272 | +26.9% |
| 2028 | ~$4,719,738 | ~$4,392,300 | ~1.7925% | ~$78,734 | +43.0% |
| 2029 | ~$5,317,644 | ~$4,831,530 | ~1.7000% | ~$82,136 | +61.1% |
| 2030 | ~$5,991,293 | ~$5,314,683 | ~1.6074% | ~$85,431 | +81.6% |
In 2025, this property's market value of $3,300,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +133% above 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 | $3,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $4,584,503 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,290,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,200,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,200,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.