BEN GARZA LN TX 78749
| Owner | PATH HOTEL SIX LLC |
|---|---|
| Parcel ID | 0412231304 |
| Short ID | 889263 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 81,467 SF |
| Land SF | 74,400 SF |
| Acres | 1.708 |
| Year Built | 2021 |
| Legal | LOT 5 BLK A RANCHO GARZA SUBD AMENDED |
| Neighborhood | 35SO1 |
| Land | $2,604,017 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,604,017 |
| Improvement | $17,536,085 |
|---|---|
| Total Improvement | $17,536,085 |
| Market | $20,140,102 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,140,102 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,140,102 |
| Taxable Value | $20,140,102 |
|---|
Appreciation: Market value has risen +673.4% from $2,604,017 (2021) to $20,140,102 (2025), a CAGR of 66.8% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $412,164. Austin ISD is the largest single contributor, at 45.2% 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 13% of market value ($2,604,017 land vs $17,536,085 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $20,140,102, 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 +66.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $259,767,000 by 2030, with an estimated annual tax burden around $611,008. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 81,467 SF | ✓ |
| 601 | POOL COMM'L | 3,290 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $161,910.00 | $161,910.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $91,702.98 | $91,702.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $65,772.88 | $65,772.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,654.03 | $20,654.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,095.00 | $18,095.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $358,134.89 | $358,134.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $22,253,978 | $20,140,102 | +10.5% |
| Assessed Value | $22,253,978 | $20,140,102 | +10.5% |
| Land Value | $2,604,017 | $2,604,017 | +0.0% |
| Improvement Value | $19,649,961 | $17,536,085 | +12.1% |
| Taxable Value | $22,253,978 | $20,140,102 | +10.5% |
| Total Tax 2026 = estimate |
~$455,424
Estimated
|
~$358,135
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,993,920 | $22,253,978 | -1,739,942 (-7.3%) |
| Taxable Value | $23,993,920 | $22,253,978 | -1,739,942 (-7.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $22,253,978 | $2,604,017 | $19,649,961 | — | $22,253,978 | $22,253,978 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $20,140,102 | $2,604,017 | $17,536,085 | — | $20,140,102 | $20,140,102 | ~$358,135 | Partial |
| 2024 | $10,975,971 | — | — | −$8,371,954 | $2,604,017 | $— | $289,823 | Verified |
| 2023 | $10,975,971 | — | — | −$8,371,954 | $2,604,017 | $— | $198,582 | Verified |
| 2022 | $6,700,000 | — | — | −$4,095,983 | $2,604,017 | $— | $216,767 | Verified |
| 2021 | $2,604,017 | — | — | — | $2,604,017 | $— | $146,234 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.1% | +19.1% | ~100% | Not available | Partial |
| 2025 | +25.9% | +25.9% | ~100% | Not available | Partial |
| 2024 | +45.8% | +45.8% | ~100% | 1.8100% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +55.1% | +55.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 5.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +184.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.5% | +63.0% | +63.6% | +157.3% | 2022 | +0.0% | 2024 |
| Assessment Ratio | 100.0% | 64.4% | — | 100.0% | 2021 | 23.7% | 2023 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$358,135 | $241,908 | ~$525,501 | $358,135 | 2025 | $146,234 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$33,586,607 | ~$22,154,112 | ~2.0139% | ~$446,170 | +66.8% |
| 2027 | ~$56,010,647 | ~$24,369,523 | ~1.9814% | ~$482,855 | +178.1% |
| 2028 | ~$93,406,060 | ~$26,806,476 | ~1.9488% | ~$522,415 | +363.8% |
| 2029 | ~$155,768,456 | ~$29,487,123 | ~1.9163% | ~$565,059 | +673.4% |
| 2030 | ~$259,767,000 | ~$32,435,836 | ~1.8837% | ~$611,008 | +1189.8% |
| 2026 | ~$33,183,805 | ~$22,154,112 | ~2.0465% | ~$453,381 | +64.8% |
| 2027 | ~$54,675,239 | ~$24,369,523 | ~2.0465% | ~$498,719 | +171.5% |
| 2028 | ~$90,085,564 | ~$26,806,476 | ~2.0465% | ~$548,591 | +347.3% |
| 2029 | ~$148,429,326 | ~$29,487,123 | ~2.0465% | ~$603,450 | +637.0% |
| 2030 | ~$244,559,325 | ~$32,435,836 | ~2.0465% | ~$663,795 | +1114.3% |
| 2026 | ~$33,989,409 | ~$22,154,112 | ~1.9977% | ~$442,564 | +68.8% |
| 2027 | ~$57,362,168 | ~$24,369,523 | ~1.9488% | ~$474,923 | +184.8% |
| 2028 | ~$96,807,164 | ~$26,806,476 | ~1.9000% | ~$509,328 | +380.7% |
| 2029 | ~$163,376,445 | ~$29,487,123 | ~1.8512% | ~$545,864 | +711.2% |
| 2030 | ~$275,721,978 | ~$32,435,836 | ~1.8024% | ~$584,614 | +1269.0% |
In 2025, this property's market value of $20,140,102 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 14× 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 | $20,140,102 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,975,971 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,975,971 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,700,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,604,017 | $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.