212 LAVACA ST TX 78701
| Owner | RHP BLOCK 21 LLC |
|---|---|
| Parcel ID | 0205011410 |
| Short ID | 798583 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 10,021 SF |
| Land SF | 936 SF |
| Acres | 0.021 |
| Year Built | 2010 |
| Legal | UNT COMM UNIT 6 BLOCK 21 MASTER CONDOMINIUMS PLUS 1.2229 % INT IN COM AREA |
| Neighborhood | 34CBD1 |
| Land | $210,589 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $210,589 |
| Improvement | $4,285,310 |
|---|---|
| Total Improvement | $4,285,310 |
| Market | $4,495,899 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,495,899 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,495,899 |
| Taxable Value | $4,495,899 |
|---|
Appreciation: Market value has risen +9.3% from $4,114,356 (2021) to $4,495,899 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $92,008. Austin ISD is the largest single contributor, at 43.5% 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 5% of market value ($210,589 land vs $4,285,310 improvements), about $225/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,495,899, 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 +5.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,305,397 by 2031, with an estimated annual tax burden around $137,615. 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 | 10,021 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% | $41,596.06 | $41,596.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,559.28 | $23,559.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,897.61 | $16,897.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,306.19 | $5,306.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,648.76 | $4,648.76 | Paid |
| P2U | — | — | — | — | — | — | $3,696.21 | $3,696.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $95,704.11 | $95,704.11 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $41,596.06 | 43.5% |
| CAT City of Austin | 0.5240% | $23,559.28 | 24.6% |
| TCO Travis County | 0.3758% | $16,897.61 | 17.7% |
| THD Travis Central Health | 0.1180% | $5,306.19 | 5.5% |
| ACT Austin Community College | 0.1034% | $4,648.76 | 4.9% |
| P2U | — | $3,696.21 | 3.9% |
| Total | 2.0465% 5 of 6 | $95,704.11 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,482,427 | $4,495,899 | +21.9% |
| Assessed Value | $5,395,079 | $4,495,899 | +20.0% |
| Land Value | $1,310,330 | $210,589 | +522.2% |
| Improvement Value | $4,172,097 | $4,285,310 | -2.6% |
| Taxable Value | $5,395,079 | $4,495,899 | +20.0% |
| HS Cap Loss | -$87,348 | — | |
| Total Tax 2026 = estimate |
~$110,409
Estimated
|
~$95,704
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,482,427 | $1,310,330 | $4,172,097 | −$87,348 | $5,395,079 | $5,395,079 | Not yet — post-cert | Preliminary |
| 2025 | $4,495,899 | $210,589 | $4,285,310 | — | $4,495,899 | $4,495,899 | ~$95,704 | Partial |
| 2024 | $5,108,032 | $210,589 | $4,897,443 | — | $5,108,032 | $5,108,032 | $105,494 | Verified |
| 2023 | $5,159,584 | $210,589 | $4,948,995 | — | $5,159,584 | $5,159,584 | $97,660 | Verified |
| 2022 | $3,596,693 | $210,589 | $3,386,104 | — | $3,596,693 | $3,596,693 | $74,129 | Verified |
| 2021 | $4,114,356 | $210,589 | $3,903,767 | — | $4,114,356 | $4,114,356 | $93,171 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.9% | +20.0% | 98.4% | Not available | Partial |
| 2025 | -12.0% | -12.0% | ~100% | Not available | Partial |
| 2024 | -1.0% | -1.0% | ~100% | No billing data | Verified |
| 2023 | +43.5% | +43.5% | ~100% | No billing data | Verified |
| 2022 | -12.6% | -12.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.9% | +8.0% | +5.9% | +43.5% | 2023 | -12.6% | 2022 |
| Assessment Ratio | 98.4% | 99.7% | — | 100.0% | 2021 | 98.4% | 2026 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$95,704 | $93,231 | ~$127,101 | $105,494 | 2024 | $74,129 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,806,401 | ~$5,806,401 | ~2.0139% | ~$116,937 | +5.9% |
| 2028 | ~$6,149,521 | ~$6,149,521 | ~1.9814% | ~$121,846 | +12.2% |
| 2029 | ~$6,512,916 | ~$6,512,916 | ~1.9488% | ~$126,926 | +18.8% |
| 2030 | ~$6,897,785 | ~$6,897,785 | ~1.9163% | ~$132,182 | +25.8% |
| 2031 | ~$7,305,397 | ~$7,305,397 | ~1.8837% | ~$137,615 | +33.3% |
| 2027 | ~$5,696,753 | ~$5,696,753 | ~2.0465% | ~$116,583 | +3.9% |
| 2028 | ~$5,919,457 | ~$5,919,457 | ~2.0465% | ~$121,141 | +8.0% |
| 2029 | ~$6,150,868 | ~$6,150,868 | ~2.0465% | ~$125,877 | +12.2% |
| 2030 | ~$6,391,326 | ~$6,391,326 | ~2.0465% | ~$130,798 | +16.6% |
| 2031 | ~$6,641,183 | ~$6,641,183 | ~2.0465% | ~$135,911 | +21.1% |
| 2027 | ~$5,916,050 | ~$5,916,050 | ~1.9977% | ~$118,183 | +7.9% |
| 2028 | ~$6,383,970 | ~$6,383,970 | ~1.9488% | ~$124,413 | +16.4% |
| 2029 | ~$6,888,898 | ~$6,888,898 | ~1.9000% | ~$130,890 | +25.7% |
| 2030 | ~$7,433,764 | ~$7,433,764 | ~1.8512% | ~$137,613 | +35.6% |
| 2031 | ~$8,021,724 | ~$8,021,724 | ~1.8024% | ~$144,581 | +46.3% |
In 2025, this property's market value of $4,495,899 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 3× 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 | $4,495,899 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $5,108,032 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,159,584 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,596,693 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,114,356 | $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 | — |