919 E KOENIG LN TX 78751
| Owner | 919 EAST KOENIG LANE OWNER LLC |
|---|---|
| Parcel ID | 0225120220 |
| Short ID | 225464 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 40,596 SF |
| Land SF | 120,052 SF |
| Acres | 2.756 |
| Year Built | 1981 |
| Legal | LOT 1 METRO PARK III (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NC1 |
| Land | $3,001,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,001,300 |
| Improvement | $8,289,761 |
|---|---|
| Total Improvement | $8,289,761 |
| Market | $11,291,061 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,291,061 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,291,061 |
| Taxable Value | $11,291,061 |
|---|
Appreciation: Market value has risen +29.3% from $8,730,000 (2021) to $11,291,061 (2025), a CAGR of 6.6% over 4 years. This represents moderate, steady growth. 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 $231,070. 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 27% of market value ($3,001,300 land vs $8,289,761 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,291,061, 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 +5.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $15,394,888 by 2031, with an estimated annual tax burden around $290,000. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 37,000 SF | ✗ |
| 2ND | 2nd Floor | 12,688 SF | ✓ |
| 3RD | 3rd Floor | 12,688 SF | ✓ |
| 4TH | 4th Floor | 12,688 SF | ✓ |
| 1ST | 1st Floor | 12,124 SF | ✓ |
| 5TH | 5th Floor | 4,263 SF | ✓ |
| 611 | TERRACE | 4,026 SF | ✗ |
| FBSMT | Finished Basement | 3,096 SF | ✓ |
| LOBBY | Lobby | 1,439 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 1,216 SF | ✗ |
| 505 | BALCONY | 1,059 SF | ✓ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 501 | CANOPY | 210 SF | ✗ |
| 581C | STORAGE ATT COMM | 72 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 336 | FENCE MASON FV | 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% | $104,464.90 | $104,464.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $59,167.08 | $59,167.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $42,436.89 | $42,436.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,326.05 | $13,326.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,674.96 | $11,674.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $231,069.88 | $231,069.88 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $104,464.90 | 45.2% |
| CAT City of Austin | 0.5240% | $59,167.08 | 25.6% |
| TCO Travis County | 0.3758% | $42,436.89 | 18.4% |
| THD Travis Central Health | 0.1180% | $13,326.05 | 5.8% |
| ACT Austin Community College | 0.1034% | $11,674.96 | 5.1% |
| Total | 2.0465% | $231,069.88 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,592,988 | $11,291,061 | +2.7% |
| Assessed Value | $11,592,988 | $11,291,061 | +2.7% |
| Land Value | $3,001,300 | $3,001,300 | +0.0% |
| Improvement Value | $8,591,688 | $8,289,761 | +3.6% |
| Taxable Value | $11,592,988 | $11,291,061 | +2.7% |
| Total Tax 2026 = estimate |
~$237,249
Estimated
|
~$231,070
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,592,988 | $3,001,300 | $8,591,688 | — | $11,592,988 | $11,592,988 | Not yet — post-cert | Preliminary |
| 2025 | $11,291,061 | $3,001,300 | $8,289,761 | — | $11,291,061 | $11,291,061 | ~$231,070 | Partial |
| 2024 | $12,390,000 | $3,001,300 | $9,388,700 | — | $12,390,000 | $12,390,000 | $200,602 | Verified |
| 2023 | $12,337,326 | $3,001,300 | $9,336,026 | — | $12,337,326 | $12,337,326 | $200,336 | Verified |
| 2022 | $9,580,000 | $3,001,300 | $6,578,700 | — | $9,580,000 | $9,580,000 | $189,198 | Verified |
| 2021 | $8,730,000 | $3,001,300 | $5,728,700 | — | $8,730,000 | $8,730,000 | $185,259 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2025 | -8.9% | -8.9% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | No billing data | Verified |
| 2023 | +28.8% | +28.8% | ~100% | No billing data | Verified |
| 2022 | +9.7% | +9.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.7% | +6.5% | +5.8% | +28.8% | 2023 | -8.9% | 2025 |
| 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 |
$231,070 | $201,293 | ~$268,197 | $231,070 | 2025 | $185,259 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,269,634 | ~$12,269,634 | ~2.0139% | ~$247,103 | +5.8% |
| 2028 | ~$12,985,774 | ~$12,985,774 | ~1.9814% | ~$257,299 | +12.0% |
| 2029 | ~$13,743,713 | ~$13,743,713 | ~1.9488% | ~$267,843 | +18.6% |
| 2030 | ~$14,545,890 | ~$14,545,890 | ~1.9163% | ~$278,742 | +25.5% |
| 2031 | ~$15,394,888 | ~$15,394,888 | ~1.8837% | ~$290,000 | +32.8% |
| 2027 | ~$12,037,774 | ~$12,037,774 | ~2.0465% | ~$246,351 | +3.8% |
| 2028 | ~$12,499,626 | ~$12,499,626 | ~2.0465% | ~$255,803 | +7.8% |
| 2029 | ~$12,979,197 | ~$12,979,197 | ~2.0465% | ~$265,617 | +12.0% |
| 2030 | ~$13,477,168 | ~$13,477,168 | ~2.0465% | ~$275,808 | +16.3% |
| 2031 | ~$13,994,245 | ~$13,994,245 | ~2.0465% | ~$286,390 | +20.7% |
| 2027 | ~$12,501,494 | ~$12,501,494 | ~1.9977% | ~$249,738 | +7.8% |
| 2028 | ~$13,481,197 | ~$13,481,197 | ~1.9488% | ~$262,727 | +16.3% |
| 2029 | ~$14,537,676 | ~$14,537,676 | ~1.9000% | ~$276,218 | +25.4% |
| 2030 | ~$15,676,947 | ~$15,676,947 | ~1.8512% | ~$290,211 | +35.2% |
| 2031 | ~$16,905,500 | ~$16,905,500 | ~1.8024% | ~$304,700 | +45.8% |
In 2025, this property's market value of $11,291,061 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 8× 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 | $11,291,061 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $12,390,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $12,337,326 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $9,580,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $8,730,000 | $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 | — |