909 E KOENIG LN AUSTIN, TX 78751
| Owner | KUBER BHANDAR INVESTMENTS INC |
|---|---|
| Parcel ID | 0225120216 |
| Short ID | 225460 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 34,016 SF |
| Land SF | 76,536 SF |
| Acres | 1.757 |
| Year Built | 1983 |
| Legal | LOT 1 METRO PARK IV (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37NC1 |
| Land | $1,913,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,913,400 |
| Improvement | $3,908,600 |
|---|---|
| Total Improvement | $3,908,600 |
| Market | $5,822,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,822,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,822,000 |
| Taxable Value | $5,822,000 |
|---|
Appreciation: Market value has risen +54.4% from $3,770,000 (2021) to $5,822,000 (2025), a CAGR of 11.5% 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 $119,146. 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 33% of market value ($1,913,400 land vs $3,908,600 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,822,000, 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 +4.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,769,309 by 2031, with an estimated annual tax burden around $108,679. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 17,030 SF | ✓ |
| 2ND | 2nd Floor | 16,986 SF | ✓ |
| 551 | PAVED AREA | 6,800 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,715 SF | ✗ |
| SO | Sketch Only | 2,030 SF | ✗ |
| 611 | TERRACE | 955 SF | ✗ |
| 501 | CANOPY | 624 SF | ✗ |
| 601 | POOL COMM'L | 325 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $53,865.14 | $53,865.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,508.27 | $30,508.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,881.70 | $21,881.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,871.30 | $6,871.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,019.95 | $6,019.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $119,146.36 | $119,146.36 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $53,865.14 | 45.2% |
| CAT City of Austin | 0.5240% | $30,508.27 | 25.6% |
| TCO Travis County | 0.3758% | $21,881.70 | 18.4% |
| THD Travis Central Health | 0.1180% | $6,871.30 | 5.8% |
| ACT Austin Community College | 0.1034% | $6,019.95 | 5.1% |
| Total | 2.0465% | $119,146.36 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,663,721 | $5,822,000 | -19.9% |
| Assessed Value | $4,663,721 | $5,822,000 | -19.9% |
| Land Value | $1,913,400 | $1,913,400 | +0.0% |
| Improvement Value | $2,750,321 | $3,908,600 | -29.6% |
| Taxable Value | $4,663,721 | $5,822,000 | -19.9% |
| Total Tax 2026 = estimate |
~$95,442
Estimated
|
~$119,146
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,663,721 | $1,913,400 | $2,750,321 | — | $4,663,721 | $4,663,721 | Not yet — post-cert | Preliminary |
| 2025 | $5,822,000 | $1,913,400 | $3,908,600 | — | $5,822,000 | $5,822,000 | ~$119,146 | Partial |
| 2024 | $6,682,811 | $1,913,400 | $4,769,411 | — | $6,682,811 | $6,682,811 | $106,027 | Verified |
| 2023 | $5,720,000 | $1,913,400 | $3,806,600 | — | $5,720,000 | $5,720,000 | $103,489 | Verified |
| 2022 | $4,460,000 | $1,913,400 | $2,546,600 | — | $4,460,000 | $4,460,000 | $79,451 | Verified |
| 2021 | $3,770,000 | $1,913,400 | $1,856,600 | — | $3,770,000 | $3,770,000 | $82,061 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.9% | -19.9% | ~100% | Not available | Partial |
| 2025 | -12.9% | -12.9% | ~100% | Not available | Partial |
| 2024 | +16.8% | +16.8% | ~100% | No billing data | Verified |
| 2023 | +28.3% | +28.3% | ~100% | No billing data | Verified |
| 2022 | +18.3% | +18.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.9% | +6.1% | +4.3% | +28.3% | 2023 | -19.9% | 2026 |
| 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 |
$119,146 | $98,035 | ~$103,303 | $119,146 | 2025 | $79,451 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,866,434 | ~$4,866,434 | ~2.0139% | ~$98,007 | +4.3% |
| 2028 | ~$5,077,957 | ~$5,077,957 | ~1.9814% | ~$100,614 | +8.9% |
| 2029 | ~$5,298,675 | ~$5,298,675 | ~1.9488% | ~$103,263 | +13.6% |
| 2030 | ~$5,528,987 | ~$5,528,987 | ~1.9163% | ~$105,951 | +18.6% |
| 2031 | ~$5,769,309 | ~$5,769,309 | ~1.8837% | ~$108,679 | +23.7% |
| 2027 | ~$4,773,159 | ~$4,773,159 | ~2.0465% | ~$97,682 | +2.3% |
| 2028 | ~$4,885,165 | ~$4,885,165 | ~2.0465% | ~$99,974 | +4.7% |
| 2029 | ~$4,999,800 | ~$4,999,800 | ~2.0465% | ~$102,320 | +7.2% |
| 2030 | ~$5,117,125 | ~$5,117,125 | ~2.0465% | ~$104,721 | +9.7% |
| 2031 | ~$5,237,202 | ~$5,237,202 | ~2.0465% | ~$107,179 | +12.3% |
| 2027 | ~$4,959,708 | ~$4,959,708 | ~1.9977% | ~$99,078 | +6.3% |
| 2028 | ~$5,274,480 | ~$5,274,480 | ~1.9488% | ~$102,791 | +13.1% |
| 2029 | ~$5,609,230 | ~$5,609,230 | ~1.9000% | ~$106,576 | +20.3% |
| 2030 | ~$5,965,224 | ~$5,965,224 | ~1.8512% | ~$110,428 | +27.9% |
| 2031 | ~$6,343,812 | ~$6,343,812 | ~1.8024% | ~$114,339 | +36.0% |
In 2025, this property's market value of $5,822,000 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 | $5,822,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,682,811 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $5,720,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,460,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,770,000 | $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 | — |