20 N INTERSTATE HY 35 TX 78701
| Owner | ASDN AUSTIN LLC |
|---|---|
| Parcel ID | 0201040420 |
| Short ID | 188214 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 43,951 SF |
| Land SF | 85,330 SF |
| Acres | 1.959 |
| Year Built | 1984 |
| Legal | 83513 SQ FT OF BLK F OLT 54-55 DIV O LAMBIES R C RESUB OF VOSS PLUS 1/2 VAC STREET (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34CBD1 |
| Land | $51,198,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $51,198,000 |
| Improvement | $3,381,714 |
|---|---|
| Total Improvement | $3,381,714 |
| Market | $54,579,714 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $54,579,714 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $54,579,714 |
| Taxable Value | $54,579,714 |
|---|
Appreciation: Market value has risen +49.1% from $36,605,203 (2021) to $54,579,714 (2025), a CAGR of 10.5% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,116,966. 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 94% of market value ($51,198,000 land vs $3,381,714 improvements), about $600/SF of land. With value concentrated in the land under a ~42-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $54,579,714, 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 +13.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $134,306,454 by 2031, with an estimated annual tax burden around $2,529,988. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 216,377 SF | ✗ |
| 491 | SPRINKLER HEADS | 169,151 SF | ✗ |
| ADDL | Additional Floor | 115,824 SF | ✓ |
| 187 | PARKING GARAGE | 98,403 SF | ✓ |
| 551 | PAVED AREA | 67,068 SF | ✗ |
| 1ST | 1st Floor | 31,047 SF | ✓ |
| 505 | BALCONY | 25,800 SF | ✓ |
| 2ND | 2nd Floor | 6,452 SF | ✓ |
| 3RD | 3rd Floor | 6,452 SF | ✓ |
| 4TH | 4th Floor | 6,452 SF | ✓ |
| 5TH | 5th Floor | 6,452 SF | ✓ |
| 611 | TERRACE | 4,167 SF | ✗ |
| 501 | CANOPY | 3,878 SF | ✗ |
| LOBBY | Lobby | 3,132 SF | ✓ |
| 601 | POOL COMM'L | 1,000 SF | ✗ |
| 335 | PENTHOUSE | 720 SF | ✓ |
| 407 | LOADING DOCK | 285 SF | ✓ |
| 408 | LOADING RAMP | 135 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% | $504,971.51 | $504,971.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $286,006.98 | $286,006.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $205,135.13 | $205,135.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $64,416.62 | $64,416.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $56,435.42 | $56,435.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,116,965.66 | $1,116,965.66 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $504,971.51 | 45.2% |
| CAT City of Austin | 0.5240% | $286,006.98 | 25.6% |
| TCO Travis County | 0.3758% | $205,135.13 | 18.4% |
| THD Travis Central Health | 0.1180% | $64,416.62 | 5.8% |
| ACT Austin Community College | 0.1034% | $56,435.42 | 5.1% |
| Total | 2.0465% | $1,116,965.66 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $70,116,439 | $54,579,714 | +28.5% |
| Assessed Value | $70,116,439 | $54,579,714 | +28.5% |
| Land Value | $63,997,500 | $51,198,000 | +25.0% |
| Improvement Value | $6,118,939 | $3,381,714 | +80.9% |
| Taxable Value | $70,116,439 | $54,579,714 | +28.5% |
| Total Tax 2026 = estimate |
~$1,434,922
Estimated
|
~$1,116,966
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $70,116,439 | $63,997,500 | $6,118,939 | — | $70,116,439 | $70,116,439 | Not yet — post-cert | Preliminary |
| 2025 | $54,579,714 | $51,198,000 | $3,381,714 | — | $54,579,714 | $54,579,714 | ~$1,116,966 | Partial |
| 2024 | $47,361,927 | $51,383,400 | — | — | $47,361,927 | $47,361,927 | $938,625 | Verified |
| 2023 | $51,000,000 | $51,383,400 | — | — | $51,000,000 | $51,000,000 | $922,716 | Verified |
| 2022 | $30,500,000 | $41,106,720 | — | — | $30,500,000 | $30,500,000 | $602,352 | Verified |
| 2021 | $36,605,203 | $18,498,024 | $18,107,179 | — | $36,605,203 | $36,605,203 | $663,887 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.5% | +28.5% | ~100% | Not available | Partial |
| 2025 | +15.2% | +15.2% | ~100% | Not available | Partial |
| 2024 | -7.1% | -7.1% | ~100% | No billing data | Verified |
| 2023 | +67.2% | +67.2% | ~100% | No billing data | Verified |
| 2022 | -16.7% | -16.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +28.5% | +17.4% | +13.9% | +67.2% | 2023 | -16.7% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,116,966 | $848,909 | ~$2,043,610 | $1,116,966 | 2025 | $602,352 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$79,850,062 | ~$79,850,062 | ~2.0139% | ~$1,608,130 | +13.9% |
| 2028 | ~$90,934,915 | ~$90,934,915 | ~1.9814% | ~$1,801,773 | +29.7% |
| 2029 | ~$103,558,576 | ~$103,558,576 | ~1.9488% | ~$2,018,190 | +47.7% |
| 2030 | ~$117,934,665 | ~$117,934,665 | ~1.9163% | ~$2,259,971 | +68.2% |
| 2031 | ~$134,306,454 | ~$134,306,454 | ~1.8837% | ~$2,529,988 | +91.5% |
| 2027 | ~$78,447,733 | ~$78,447,733 | ~2.0465% | ~$1,605,421 | +11.9% |
| 2028 | ~$87,768,959 | ~$87,768,959 | ~2.0465% | ~$1,796,179 | +25.2% |
| 2029 | ~$98,197,740 | ~$98,197,740 | ~2.0465% | ~$2,009,602 | +40.0% |
| 2030 | ~$109,865,679 | ~$109,865,679 | ~2.0465% | ~$2,248,385 | +56.7% |
| 2031 | ~$122,920,011 | ~$122,920,011 | ~2.0465% | ~$2,515,540 | +75.3% |
| 2027 | ~$81,252,391 | ~$81,252,391 | ~1.9977% | ~$1,623,148 | +15.9% |
| 2028 | ~$94,156,964 | ~$94,156,964 | ~1.9488% | ~$1,834,968 | +34.3% |
| 2029 | ~$109,111,052 | ~$109,111,052 | ~1.9000% | ~$2,073,128 | +55.6% |
| 2030 | ~$126,440,161 | ~$126,440,161 | ~1.8512% | ~$2,340,653 | +80.3% |
| 2031 | ~$146,521,494 | ~$146,521,494 | ~1.8024% | ~$2,640,861 | +109.0% |
In 2025, this property's market value of $54,579,714 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 39× 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 | $54,579,714 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $47,361,927 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $51,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $30,500,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $36,605,203 | $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 | — |