S LAMAR BLVD TX 78704
| Owner | SARDIS LONE STAR II LLC |
|---|---|
| Parcel ID | 0105021406 |
| Short ID | 931294 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 160,000 SF |
| Land SF | 23,995 SF |
| Acres | 0.551 |
| Year Built | 2021 |
| Legal | UNT HOTEL LOREN AT LADY BIRD LAKE MASTER CONDOMINIUMS THE PLUS 47.692 % INT IN COM AREA |
| Neighborhood | 37SC1 |
| Land | $4,798,960 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,798,960 |
| Improvement | $41,827,046 |
|---|---|
| Total Improvement | $41,827,046 |
| Market | $46,626,006 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,626,006 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,626,006 |
| Taxable Value | $46,626,006 |
|---|
Appreciation: Market value has risen +855.6% from $4,879,376 (2021) to $46,626,006 (2025), a CAGR of 75.8% over 4 years. This is strong appreciation — well above typical inflation. 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 +17.8%, 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 $954,194. 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 10% of market value ($4,798,960 land vs $41,827,046 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,626,006, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +63.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $672,812,128 by 2031, with an estimated annual tax burden around $1,738,257. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 160,000 SF | ✓ |
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.
| 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% | $422,751.64 | $422,751.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $239,439.09 | $239,439.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $171,734.86 | $171,734.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $53,928.25 | $53,928.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $47,246.56 | $47,246.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $935,100.40 | $935,100.40 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $422,751.64 | 45.2% |
| CAT City of Austin | 0.5240% | $239,439.09 | 25.6% |
| TCO Travis County | 0.3758% | $171,734.86 | 18.4% |
| THD Travis Central Health | 0.1180% | $53,928.25 | 5.8% |
| ACT Austin Community College | 0.1034% | $47,246.56 | 5.1% |
| Total | 2.0465% | $935,100.40 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $57,296,626 | $46,626,006 | +22.9% |
| Assessed Value | $57,296,626 | $46,626,006 | +22.9% |
| Land Value | $4,798,960 | $4,798,960 | +0.0% |
| Improvement Value | $52,497,666 | $41,827,046 | +25.5% |
| Taxable Value | $57,296,626 | $46,626,006 | +22.9% |
| Total Tax 2026 = estimate |
~$1,172,567
Estimated
|
~$935,100
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $57,296,626 | $4,798,960 | $52,497,666 | — | $57,296,626 | $57,296,626 | Not yet — post-cert | Preliminary |
| 2025 | $46,626,006 | $4,798,960 | $41,827,046 | — | $46,626,006 | $46,626,006 | ~$935,100 | Partial |
| 2024 | $53,500,000 | $4,798,960 | $48,701,040 | — | $53,500,000 | $53,500,000 | $956,842 | Verified |
| 2023 | $48,004,455 | $4,798,960 | $43,205,495 | — | $48,004,455 | $48,004,455 | $868,519 | Verified |
| 2022 | $35,763,696 | $2,879,376 | $32,884,320 | — | $35,763,696 | $35,763,696 | $706,305 | Verified |
| 2021 | $4,879,376 | $2,879,376 | $2,000,000 | — | $4,879,376 | $4,879,376 | $106,208 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.9% | +22.9% | ~100% | Not available | Partial |
| 2025 | -12.8% | -12.8% | ~100% | Not available | Partial |
| 2024 | +11.4% | +11.4% | ~100% | No billing data | Verified |
| 2023 | +34.2% | +34.2% | ~100% | No billing data | Verified |
| 2022 | +633.0% ! | +633.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +855.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.9% | +137.7% | +63.7% | +633.0% | 2022 | -12.8% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$935,100 | $714,595 | ~$1,495,000 | $956,842 | 2024 | $106,208 | 2021 |
Market value changed by 633% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$93,773,905 | ~$63,026,289 | ~2.0139% | ~$1,269,309 | +63.7% |
| 2028 | ~$153,474,050 | ~$69,328,917 | ~1.9814% | ~$1,373,675 | +167.9% |
| 2029 | ~$251,181,648 | ~$76,261,809 | ~1.9488% | ~$1,486,220 | +338.4% |
| 2030 | ~$411,093,736 | ~$83,887,990 | ~1.9163% | ~$1,607,538 | +617.5% |
| 2031 | ~$672,812,128 | ~$92,276,789 | ~1.8837% | ~$1,738,257 | +1074.3% |
| 2027 | ~$92,627,972 | ~$63,026,289 | ~2.0465% | ~$1,289,824 | +61.7% |
| 2028 | ~$149,746,012 | ~$69,328,917 | ~2.0465% | ~$1,418,806 | +161.4% |
| 2029 | ~$242,085,276 | ~$76,261,809 | ~2.0465% | ~$1,560,686 | +322.5% |
| 2030 | ~$391,364,550 | ~$83,887,990 | ~2.0465% | ~$1,716,755 | +583.0% |
| 2031 | ~$632,695,278 | ~$92,276,789 | ~2.0465% | ~$1,888,431 | +1004.2% |
| 2027 | ~$94,919,837 | ~$63,026,289 | ~1.9977% | ~$1,259,052 | +65.7% |
| 2028 | ~$157,247,925 | ~$69,328,917 | ~1.9488% | ~$1,351,109 | +174.4% |
| 2029 | ~$260,503,079 | ~$76,261,809 | ~1.9000% | ~$1,448,987 | +354.7% |
| 2030 | ~$431,559,615 | ~$83,887,990 | ~1.8512% | ~$1,552,929 | +653.2% |
| 2031 | ~$714,938,582 | ~$92,276,789 | ~1.8024% | ~$1,663,170 | +1147.8% |
In 2025, this property's market value of $46,626,006 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 34× the county median of $1,382,921. 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 | $46,626,006 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $53,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $48,004,455 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $35,763,696 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,879,376 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |