2900 N INTERSTATE HY 35 TX 78705
| Owner | NASSOUR JIMMY & MICHEL ISSA |
|---|---|
| Parcel ID | 0214070324 |
| Short ID | 206917 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 15,535 SF |
| Land SF | 30,457 SF |
| Acres | 0.699 |
| Year Built | 1963 |
| Legal | LOT 2 COLE STREET ADDN LOT 7-9 * & ADJ VAC ALLEY&PT LOT 1A,3-4 OLT 23 DIV C FISCHER ADDN (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37CBD3 |
| Land | $6,091,430 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,091,430 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,271,932 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,271,932 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,271,932 |
| Taxable Value | $3,271,932 |
|---|
Appreciation: Market value has risen +19.3% from $2,742,144 (2021) to $3,271,932 (2025), a CAGR of 4.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $66,960. 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 186% of market value ($6,091,430 land vs $0 improvements), about $200/SF of land. With value concentrated in the land under a ~63-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 $3,271,932, 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 +17.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $14,073,709 by 2031, with an estimated annual tax burden around $119,116. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,144 SF | ✗ |
| 2ND | 2nd Floor | 6,843 SF | ✓ |
| 1ST | 1st Floor | 6,567 SF | ✓ |
| 501 | CANOPY | 5,374 SF | ✗ |
| SO | Sketch Only | 2,467 SF | ✗ |
| 3RD | 3rd Floor | 2,125 SF | ✓ |
| 601 | POOL COMM'L | 720 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $30,271.91 | $30,271.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,145.48 | $17,145.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,297.39 | $12,297.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,861.63 | $3,861.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,383.18 | $3,383.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $66,959.59 | $66,959.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $30,271.91 | 45.2% |
| CAT City of Austin | 0.5240% | $17,145.48 | 25.6% |
| TCO Travis County | 0.3758% | $12,297.39 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,861.63 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,383.18 | 5.1% |
| Total | 2.0465% | $66,959.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,212,257 | $3,271,932 | +89.9% |
| Assessed Value | $3,926,318 | $3,271,932 | +20.0% |
| Land Value | $6,091,430 | $6,091,430 | +0.0% |
| Improvement Value | $120,827 | — | — |
| Taxable Value | $3,926,318 | $3,271,932 | +20.0% |
| HS Cap Loss | -$2,285,939 | — | |
| Total Tax 2026 = estimate |
~$80,352
Estimated
|
~$66,960
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,212,257 | $6,091,430 | $120,827 | −$2,285,939 | $3,926,318 | $3,926,318 | Not yet — post-cert | Preliminary |
| 2025 | $3,271,932 | $6,091,430 | — | — | $3,271,932 | $3,271,932 | ~$66,960 | Partial |
| 2024 | $6,481,695 | $6,091,430 | $390,265 | — | $6,481,695 | $6,481,695 | $60,040 | Verified |
| 2023 | $2,800,000 | $6,091,430 | — | — | $2,800,000 | $2,800,000 | $50,659 | Verified |
| 2022 | $2,742,144 | $6,091,430 | — | — | $2,742,144 | $2,742,144 | $54,155 | Verified |
| 2021 | $2,742,144 | $2,741,144 | $1,000 | — | $2,742,144 | $2,742,144 | $59,688 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +89.9% ! | +20.0% | 63.2% | Not available | Partial |
| 2025 | -49.5% | -49.5% | ~100% | Not available | Partial |
| 2024 | +131.5% ! | +131.5% | ~100% | No billing data | Verified |
| 2023 | +2.1% | +2.1% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +89.9% | +34.8% | +17.8% | +131.5% | 2024 | -49.5% | 2025 |
| Assessment Ratio | 63.2% | 93.9% | — | 100.0% | 2021 | 63.2% | 2026 |
| 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 |
$66,960 | $58,300 | ~$102,447 | $66,960 | 2025 | $50,659 | 2023 |
Market value changed by 131% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,316,127 | ~$4,318,950 | ~2.0139% | ~$86,981 | +17.8% |
| 2028 | ~$8,616,147 | ~$4,750,845 | ~1.9814% | ~$94,133 | +38.7% |
| 2029 | ~$10,147,169 | ~$5,225,929 | ~1.9488% | ~$101,845 | +63.3% |
| 2030 | ~$11,950,243 | ~$5,748,522 | ~1.9163% | ~$110,158 | +92.4% |
| 2031 | ~$14,073,709 | ~$6,323,374 | ~1.8837% | ~$119,116 | +126.5% |
| 2027 | ~$7,191,882 | ~$4,318,950 | ~2.0465% | ~$88,387 | +15.8% |
| 2028 | ~$8,325,986 | ~$4,750,845 | ~2.0465% | ~$97,225 | +34.0% |
| 2029 | ~$9,638,930 | ~$5,225,929 | ~2.0465% | ~$106,948 | +55.2% |
| 2030 | ~$11,158,915 | ~$5,748,522 | ~2.0465% | ~$117,643 | +79.6% |
| 2031 | ~$12,918,590 | ~$6,323,374 | ~2.0465% | ~$129,407 | +108.0% |
| 2027 | ~$7,440,372 | ~$4,318,950 | ~1.9977% | ~$86,278 | +19.8% |
| 2028 | ~$8,911,277 | ~$4,750,845 | ~1.9488% | ~$92,586 | +43.4% |
| 2029 | ~$10,672,967 | ~$5,225,929 | ~1.9000% | ~$99,294 | +71.8% |
| 2030 | ~$12,782,930 | ~$5,748,522 | ~1.8512% | ~$106,416 | +105.8% |
| 2031 | ~$15,310,017 | ~$6,323,374 | ~1.8024% | ~$113,971 | +146.4% |
In 2025, this property's market value of $3,271,932 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +137% above 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 | $3,271,932 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,481,695 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $2,800,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,742,144 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,742,144 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 | — |