860 E ANDERSON LN TX 78752
| Owner | LH LODGING AUSTIN LLC |
|---|---|
| Parcel ID | 0232160505 |
| Short ID | 234161 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 46,730 SF |
| Land SF | 93,654 SF |
| Acres | 2.150 |
| Year Built | 2025 |
| Legal | TRT 1 GRAY RESUB OF JAMES P WALLACESURVEY LOT 3 AUSTIN R E SUBD |
| Neighborhood | 1NE1 |
| Land | $2,809,620 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,809,620 |
| Improvement | $14,033,092 |
|---|---|
| Total Improvement | $14,033,092 |
| Market | $16,842,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,842,712 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,842,712 |
| Taxable Value | $16,842,712 |
|---|
Appreciation: Market value has risen +1398.7% from $1,123,848 (2021) to $16,842,712 (2025), a CAGR of 96.8% over 4 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant 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 $344,684. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 17% of market value ($2,809,620 land vs $14,033,092 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,842,712, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +54.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $85,813,628 by 2031, with an estimated annual tax burden around $297,932. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 16,544 SF | ✓ |
| 2ND | 2nd Floor | 15,093 SF | ✓ |
| 3RD | 3rd Floor | 15,093 SF | ✓ |
| 4TH | 4th Floor | 15,093 SF | ✓ |
| 5TH | 5th Floor | 15,093 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% | $155,828.77 | $155,828.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $88,258.67 | $88,258.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,302.49 | $63,302.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,878.27 | $19,878.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,415.36 | $17,415.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $344,683.56 | $344,683.56 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $155,828.77 | 45.2% |
| CAT City of Austin | 0.5240% | $88,258.67 | 25.6% |
| TCO Travis County | 0.3758% | $63,302.49 | 18.4% |
| THD Travis Central Health | 0.1180% | $19,878.27 | 5.8% |
| ACT Austin Community College | 0.1034% | $17,415.36 | 5.1% |
| Total | 2.0465% | $344,683.56 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,820,462 | $16,842,712 | -41.7% |
| Assessed Value | $9,820,462 | $16,842,712 | -41.7% |
| Land Value | $2,809,620 | $2,809,620 | +0.0% |
| Improvement Value | $7,010,842 | $14,033,092 | -50.0% |
| Taxable Value | $9,820,462 | $16,842,712 | -41.7% |
| Total Tax 2026 = estimate |
~$200,974
Estimated
|
~$344,684
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,820,462 | $2,809,620 | $7,010,842 | — | $9,820,462 | $9,820,462 | Not yet — post-cert | Preliminary |
| 2025 | $16,842,712 | $2,809,620 | $14,033,092 | — | $16,842,712 | $16,842,712 | ~$344,684 | Partial |
| 2024 | $19,514,070 | $2,809,620 | $16,704,450 | — | $19,514,070 | $19,514,070 | $228,415 | Verified |
| 2023 | $4,500,000 | $1,873,080 | $2,626,920 | — | $4,500,000 | $4,500,000 | $76,284 | Verified |
| 2022 | $1,404,810 | $1,404,810 | — | — | $1,404,810 | $1,404,810 | $26,716 | Verified |
| 2021 | $1,123,848 | $1,123,848 | — | — | $1,123,848 | $1,123,848 | $24,463 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -41.7% | -41.7% | ~100% | Not available | Partial |
| 2025 | -13.7% | -13.7% | ~100% | Not available | Partial |
| 2024 | +333.6% ! | +333.6% | ~100% | No billing data | Verified |
| 2023 | +220.3% ! | +220.3% | ~100% | No billing data | Verified |
| 2022 | +25.0% | +25.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1398.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -41.7% | +104.7% | +54.3% | +333.6% | 2024 | -41.7% | 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 |
$344,684 | $140,112 | ~$256,238 | $344,684 | 2025 | $24,463 | 2021 |
Market value changed by 220% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$15,150,145 | ~$10,802,508 | ~2.0139% | ~$217,556 | +54.3% |
| 2028 | ~$23,372,311 | ~$11,882,759 | ~1.9814% | ~$235,444 | +138.0% |
| 2029 | ~$36,056,746 | ~$13,071,035 | ~1.9488% | ~$254,733 | +267.2% |
| 2030 | ~$55,625,175 | ~$14,378,138 | ~1.9163% | ~$275,527 | +466.4% |
| 2031 | ~$85,813,628 | ~$15,815,952 | ~1.8837% | ~$297,932 | +773.8% |
| 2027 | ~$14,953,736 | ~$10,802,508 | ~2.0465% | ~$221,072 | +52.3% |
| 2028 | ~$22,770,233 | ~$11,882,759 | ~2.0465% | ~$243,179 | +131.9% |
| 2029 | ~$34,672,508 | ~$13,071,035 | ~2.0465% | ~$267,497 | +253.1% |
| 2030 | ~$52,796,246 | ~$14,378,138 | ~2.0465% | ~$294,246 | +437.6% |
| 2031 | ~$80,393,479 | ~$15,815,952 | ~2.0465% | ~$323,671 | +718.6% |
| 2027 | ~$15,346,554 | ~$10,802,508 | ~1.9977% | ~$215,798 | +56.3% |
| 2028 | ~$23,982,245 | ~$11,882,759 | ~1.9488% | ~$231,576 | +144.2% |
| 2029 | ~$37,477,343 | ~$13,071,035 | ~1.9000% | ~$248,352 | +281.6% |
| 2030 | ~$58,566,295 | ~$14,378,138 | ~1.8512% | ~$266,167 | +496.4% |
| 2031 | ~$91,522,254 | ~$15,815,952 | ~1.8024% | ~$285,062 | +832.0% |
In 2025, this property's market value of $16,842,712 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 200× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $16,842,712 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $19,514,070 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $4,500,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $1,404,810 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $1,123,848 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |