6121 N INTERSTATE HY 35 TX 78752
| Owner | ASAP AUSTIN LLC |
|---|---|
| Parcel ID | 0226140501 |
| Short ID | 226763 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 52,486 SF |
| Land SF | 344,733 SF |
| Acres | 7.914 |
| Year Built | 1977 |
| Legal | LOT 1 LA COSTA PHS 1 SEC 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34EA3 |
| Land | $12,065,655 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,065,655 |
| Improvement | $6,934,345 |
|---|---|
| Total Improvement | $6,934,345 |
| Market | $19,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,000,000 |
| Taxable Value | $19,000,000 |
|---|
Appreciation: Market value has fallen -13.6% from $21,980,000 (2021) to $19,000,000 (2025), a CAGR of -3.6% over 4 years. Growth has been relatively flat for this asset class. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $388,832. 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 64% of market value ($12,065,655 land vs $6,934,345 improvements), about $35/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $19,000,000, 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 +14.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $84,482,948 by 2031, with an estimated annual tax burden around $1,307,324. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 162,450 SF | ✗ |
| SO | Sketch Only | 133,366 SF | ✗ |
| ADDL | Additional Floor | 115,362 SF | ✓ |
| 1ST | 1st Floor | 52,486 SF | ✓ |
| LOBBY | Lobby | 5,820 SF | ✓ |
| 611 | TERRACE | 3,856 SF | ✗ |
| 501 | CANOPY | 2,291 SF | ✗ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 335 | PENTHOUSE | 580 SF | ✓ |
| 571C | STORAGE DET COMM | 544 SF | ✓ |
| 021 | PORCH CLOS 1ST F | 355 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 36 SF | ✗ |
| 482 | LIGHT POLES | 22 SF | ✓ |
| 291 | SPRINKLER SYS FV | 1 SF | ✗ |
| 315 | SAUNA FV | 1 SF | ✓ |
| 333 | MECHANICAL RM FV | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 539 | FENCE FV | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +8,819 |
| Travis County | 0.3444% | 0.3758% | +5,966 |
| Austin ISD | 0.9505% | 0.9252% | -4,807 |
| Travis Central Health | 0.1080% | 0.1180% | +1,910 |
| Austin Community College | 0.1013% | 0.1034% | +399 |
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% | $175,788.00 | $— | $175,788.00 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $99,563.23 | $— | $99,563.23 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $71,410.55 | $— | $71,410.55 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,424.37 | $— | $22,424.37 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,646.00 | $— | $19,646.00 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $388,832.15 | $0.00 | $388,832.15 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $175,788.00 | 45.2% |
| CAT City of Austin | 0.5240% | $99,563.23 | 25.6% |
| TCO Travis County | 0.3758% | $71,410.55 | 18.4% |
| THD Travis Central Health | 0.1180% | $22,424.37 | 5.8% |
| ACT Austin Community College | 0.1034% | $19,646.00 | 5.1% |
| Total | 2.0465% | $388,832.15 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $43,092,171 | $19,000,000 | +126.8% |
| Assessed Value | $43,092,171 | $19,000,000 | +126.8% |
| Land Value | $12,065,655 | $12,065,655 | +0.0% |
| Improvement Value | $31,026,516 | $6,934,345 | +347.4% |
| Taxable Value | $43,092,171 | $19,000,000 | +126.8% |
| Total Tax 2026 = estimate |
~$881,875
Estimated
|
$388,832 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $43,092,171 | $12,065,655 | $31,026,516 | — | $43,092,171 | $43,092,171 | Not yet — post-cert | Preliminary |
| 2025 | $19,000,000 | $12,065,655 | $6,934,345 | — | $19,000,000 | $19,000,000 | $388,832 | Verified |
| 2024 | $35,000,000 | $12,065,655 | $22,934,345 | — | $35,000,000 | $35,000,000 | $693,635 | Verified |
| 2023 | $22,000,000 | $8,618,325 | $13,381,675 | — | $22,000,000 | $22,000,000 | $346,715 | Verified |
| 2022 | $17,500,000 | $8,618,325 | $8,881,675 | — | $17,500,000 | $17,500,000 | $345,612 | Verified |
| 2021 | $21,980,000 | $8,618,325 | $13,361,675 | — | $21,980,000 | $21,980,000 | $478,434 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +126.8% ! | +126.8% | ~100% | Not available | Partial |
| 2025 | -45.7% | -45.7% | ~100% | 2.0500% | Verified |
| 2024 | +59.1% | +59.1% | ~100% | No billing data | Verified |
| 2023 | +25.7% | +25.7% | ~100% | No billing data | Verified |
| 2022 | -20.4% | -20.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +126.8% | +29.1% | +14.4% | +126.8% | 2026 | -45.7% | 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 | $388,832 | $450,646 | ~$1,124,373 | $693,635 | 2024 | $345,612 | 2022 |
Market value changed by 127% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$49,302,905 | ~$47,401,388 | ~2.0139% | ~$954,634 | +14.4% |
| 2028 | ~$56,408,772 | ~$52,141,527 | ~1.9814% | ~$1,033,126 | +30.9% |
| 2029 | ~$64,538,785 | ~$57,355,680 | ~1.9488% | ~$1,117,770 | +49.8% |
| 2030 | ~$73,840,550 | ~$63,091,248 | ~1.9163% | ~$1,209,012 | +71.4% |
| 2031 | ~$84,482,948 | ~$69,400,372 | ~1.8837% | ~$1,307,324 | +96.1% |
| 2027 | ~$48,441,062 | ~$47,401,388 | ~2.0465% | ~$970,062 | +12.4% |
| 2028 | ~$54,453,893 | ~$52,141,527 | ~2.0465% | ~$1,067,069 | +26.4% |
| 2029 | ~$61,213,078 | ~$57,355,680 | ~2.0465% | ~$1,173,775 | +42.1% |
| 2030 | ~$68,811,258 | ~$63,091,248 | ~2.0465% | ~$1,291,153 | +59.7% |
| 2031 | ~$77,352,575 | ~$69,400,372 | ~2.0465% | ~$1,420,268 | +79.5% |
| 2027 | ~$50,164,749 | ~$47,401,388 | ~1.9977% | ~$946,920 | +16.4% |
| 2028 | ~$58,398,126 | ~$52,141,527 | ~1.9488% | ~$1,016,155 | +35.5% |
| 2029 | ~$67,982,820 | ~$57,355,680 | ~1.9000% | ~$1,089,768 | +57.8% |
| 2030 | ~$79,140,619 | ~$63,091,248 | ~1.8512% | ~$1,167,941 | +83.7% |
| 2031 | ~$92,129,711 | ~$69,400,372 | ~1.8024% | ~$1,250,852 | +113.8% |
In 2025, this property's market value of $19,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 14× 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 | $19,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $35,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $22,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $17,500,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $21,980,000 | $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 | Verified |
| 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 | — |