3102 E STATE HY 71 TX 78612
| Owner | AUSTIN AIRPORT INVESTMENTS LLC |
|---|---|
| Parcel ID | 0316361001 |
| Short ID | 429244 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 40,968 SF |
| Land SF | 170,328 SF |
| Acres | 3.910 |
| Year Built | 2023 |
| Legal | LOT 1 BLK A LESS 1.3329 ACR BERGSTROM EAST COMMERCIAL ADDN |
| Neighborhood | 1SE3 |
| Land | $851,642 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $851,642 |
| Improvement | $8,348,358 |
|---|---|
| Total Improvement | $8,348,358 |
| Market | $9,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,200,000 |
| Taxable Value | $9,200,000 |
|---|
Appreciation: Market value has risen +980.3% from $851,642 (2021) to $9,200,000 (2025), a CAGR of 81.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $190,457. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Land / Vacant. 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 9% of market value ($851,642 land vs $8,348,358 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,200,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +81.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $180,177,797 by 2030, with an estimated annual tax burden around $3,174,179. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 70,300 SF | ✗ |
| 491 | SPRINKLER HEADS | 54,624 SF | ✗ |
| 1ST | 1st Floor | 13,656 SF | ✓ |
| 2ND | 2nd Floor | 13,656 SF | ✓ |
| 3RD | 3rd Floor | 13,656 SF | ✓ |
| 4TH | 4th Floor | 13,656 SF | ✓ |
| 501 | CANOPY | 1,864 SF | ✗ |
| 601 | POOL COMM'L | 500 SF | ✗ |
| 482 | LIGHT POLES | 20 SF | ✓ |
Market value changed by 712% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $87,298.80 | $87,298.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $48,209.56 | $48,209.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $34,577.74 | $34,577.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,858.12 | $10,858.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,512.80 | $9,512.80 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $190,457.02 | $190,457.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,939,770 | $9,200,000 | +62.4% |
| Assessed Value | $14,939,770 | $9,200,000 | +62.4% |
| Land Value | $851,642 | $851,642 | +0.0% |
| Improvement Value | $14,088,128 | $8,348,358 | +68.8% |
| Taxable Value | $14,939,770 | $9,200,000 | +62.4% |
| Total Tax 2026 = estimate |
~$309,281
Estimated
|
~$190,457
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,843,858 | $14,939,770 | -1,904,088 (-11.3%) |
| Taxable Value | $16,843,858 | $14,939,770 | -1,904,088 (-11.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,939,770 | $851,642 | $14,088,128 | — | $14,939,770 | $14,939,770 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,200,000 | $851,642 | $8,348,358 | — | $9,200,000 | $9,200,000 | ~$190,457 | Partial |
| 2024 | $— | — | — | — | — | $— | $140,320 | Verified |
| 2023 | $— | — | — | — | $851,642 | $— | $16,629 | Verified |
| 2022 | $— | — | — | — | $851,642 | $— | $18,420 | Verified |
| 2021 | $851,642 | — | — | — | $851,642 | $— | $19,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +83.1% ! | +83.1% | ~100% | Not available | Partial |
| 2025 | +33.0% | +33.0% | ~100% | Not available | Partial |
| 2024 | +712.4% ! | +712.4% | ~100% | 2.0300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.9500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +980.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +62.4% | +521.4% | +67.4% | +980.3% | 2025 | +62.4% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$190,457 | $105,095 | ~$1,388,682 | $190,457 | 2025 | $19,732 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,679,019 | ~$16,679,019 | ~2.0085% | ~$334,996 | +81.3% |
| 2027 | ~$30,238,010 | ~$30,238,010 | ~1.9468% | ~$588,670 | +228.7% |
| 2028 | ~$54,819,604 | ~$54,819,604 | ~1.8851% | ~$1,033,399 | +495.9% |
| 2029 | ~$99,384,483 | ~$99,384,483 | ~1.8234% | ~$1,812,168 | +980.3% |
| 2030 | ~$180,177,797 | ~$180,177,797 | ~1.7617% | ~$3,174,179 | +1858.5% |
| 2026 | ~$16,495,019 | ~$16,495,019 | ~2.0702% | ~$341,477 | +79.3% |
| 2027 | ~$29,574,529 | ~$29,574,529 | ~2.0702% | ~$612,247 | +221.5% |
| 2028 | ~$53,025,265 | ~$53,025,265 | ~2.0702% | ~$1,097,721 | +476.4% |
| 2029 | ~$95,070,954 | ~$95,070,954 | ~2.0702% | ~$1,968,145 | +933.4% |
| 2030 | ~$170,456,221 | ~$170,456,221 | ~2.0702% | ~$3,528,759 | +1752.8% |
| 2026 | ~$16,863,019 | ~$16,863,019 | ~1.9776% | ~$333,489 | +83.3% |
| 2027 | ~$30,908,851 | ~$30,908,851 | ~1.8851% | ~$582,660 | +236.0% |
| 2028 | ~$56,653,973 | ~$56,653,973 | ~1.7925% | ~$1,015,546 | +515.8% |
| 2029 | ~$103,843,158 | ~$103,843,158 | ~1.7000% | ~$1,765,327 | +1028.7% |
| 2030 | ~$190,337,956 | ~$190,337,956 | ~1.6074% | ~$3,059,580 | +1968.9% |
In 2025, this property's market value of $9,200,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 108× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $9,200,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $851,642 | $6,000 | $14,480 | $80,000 | ↑ 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.