12424 N U S HY 183 TX 78759
| Owner | RESEARCH PARK BHP LLC |
|---|---|
| Parcel ID | 0166030405 |
| Short ID | 424200 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 72,632 SF |
| Land SF | 143,181 SF |
| Acres | 3.287 |
| Year Built | 1998 |
| Legal | LOT 1 BLK A INN HOME JOLLYVILLE (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37NW3 |
| Land | $4,295,430 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,295,430 |
| Improvement | $1,736,434 |
|---|---|
| Total Improvement | $1,736,434 |
| Market | $6,031,864 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,031,864 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,031,864 |
| Taxable Value | $6,031,864 |
|---|
Appreciation: Market value has risen +57.1% from $3,840,000 (2021) to $6,031,864 (2025), a CAGR of 12.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $121,505. Round Rock ISD is the largest single contributor, at 44.3% 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 71% of market value ($4,295,430 land vs $1,736,434 improvements), about $30/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,031,864, 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 +9.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,262,862 by 2031, with an estimated annual tax burden around $159,473. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 72,632 SF | ✗ |
| SO | Sketch Only | 72,632 SF | ✗ |
| 551 | PAVED AREA | 52,440 SF | ✗ |
| 1ST | 1st Floor | 24,970 SF | ✓ |
| 2ND | 2nd Floor | 23,831 SF | ✓ |
| 3RD | 3rd Floor | 23,831 SF | ✓ |
| 601 | POOL COMM'L | 1,125 SF | ✗ |
| 501 | CANOPY | 1,107 SF | ✗ |
| 482 | LIGHT POLES | 14 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $52,276.31 | $52,276.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,672.58 | $30,672.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,999.54 | $21,999.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,908.31 | $6,908.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,052.37 | $6,052.37 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $117,909.11 | $117,909.11 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $52,276.31 | 44.3% |
| CAT City of Austin | 0.5240% | $30,672.58 | 26.0% |
| TCO Travis County | 0.3758% | $21,999.54 | 18.7% |
| THD Travis Central Health | 0.1180% | $6,908.31 | 5.9% |
| ACT Austin Community College | 0.1034% | $6,052.37 | 5.1% |
| Total | 2.0144% | $117,909.11 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,964,008 | $6,031,864 | -1.1% |
| Assessed Value | $5,964,008 | $6,031,864 | -1.1% |
| Land Value | $4,295,430 | $4,295,430 | +0.0% |
| Improvement Value | $1,668,578 | $1,736,434 | -3.9% |
| Taxable Value | $5,964,008 | $6,031,864 | -1.1% |
| Total Tax 2026 = estimate |
~$120,138
Estimated
|
~$117,909
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,964,008 | $4,295,430 | $1,668,578 | — | $5,964,008 | $5,964,008 | Not yet — post-cert | Preliminary |
| 2025 | $6,031,864 | $4,295,430 | $1,736,434 | — | $6,031,864 | $6,031,864 | ~$117,909 | Partial |
| 2024 | $7,150,000 | $4,295,430 | $2,854,570 | — | $7,150,000 | $7,150,000 | $137,596 | Verified |
| 2023 | $6,731,236 | $3,006,801 | $3,724,435 | — | $6,731,236 | $6,731,236 | $118,796 | Verified |
| 2022 | $4,240,000 | $3,006,801 | $1,233,199 | — | $4,240,000 | $4,240,000 | $86,535 | Verified |
| 2021 | $3,840,000 | $3,006,801 | $833,199 | — | $3,840,000 | $3,840,000 | $86,345 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2025 | -15.6% | -15.6% | ~100% | Not available | Partial |
| 2024 | +6.2% | +6.2% | ~100% | No billing data | Verified |
| 2023 | +58.8% | +58.8% | ~100% | No billing data | Verified |
| 2022 | +10.4% | +10.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +11.7% | +9.2% | +58.8% | 2023 | -15.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$117,909 | $109,436 | ~$143,123 | $137,596 | 2024 | $86,345 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,512,978 | ~$6,512,978 | ~1.9558% | ~$127,383 | +9.2% |
| 2028 | ~$7,112,479 | ~$7,112,479 | ~1.8973% | ~$134,944 | +19.3% |
| 2029 | ~$7,767,163 | ~$7,767,163 | ~1.8387% | ~$142,818 | +30.2% |
| 2030 | ~$8,482,108 | ~$8,482,108 | ~1.7802% | ~$150,998 | +42.2% |
| 2031 | ~$9,262,862 | ~$9,262,862 | ~1.7216% | ~$159,473 | +55.3% |
| 2027 | ~$6,393,698 | ~$6,393,698 | ~2.0144% | ~$128,794 | +7.2% |
| 2028 | ~$6,854,346 | ~$6,854,346 | ~2.0144% | ~$138,073 | +14.9% |
| 2029 | ~$7,348,182 | ~$7,348,182 | ~2.0144% | ~$148,021 | +23.2% |
| 2030 | ~$7,877,598 | ~$7,877,598 | ~2.0144% | ~$158,685 | +32.1% |
| 2031 | ~$8,445,156 | ~$8,445,156 | ~2.0144% | ~$170,118 | +41.6% |
| 2027 | ~$6,632,258 | ~$6,560,409 | ~1.9266% | ~$126,390 | +11.2% |
| 2028 | ~$7,375,384 | ~$7,216,450 | ~1.8387% | ~$132,692 | +23.7% |
| 2029 | ~$8,201,775 | ~$7,938,095 | ~1.7509% | ~$138,989 | +37.5% |
| 2030 | ~$9,120,761 | ~$8,731,904 | ~1.6631% | ~$145,220 | +52.9% |
| 2031 | ~$10,142,716 | ~$9,605,095 | ~1.5753% | ~$151,306 | +70.1% |
In 2025, this property's market value of $6,031,864 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 4× 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 | $6,031,864 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,150,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,731,236 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,240,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,840,000 | $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 | — |