8221 N INTERSTATE HY 35 TX 78753
| Owner | ATX8221 LLC |
|---|---|
| Parcel ID | 0235180821 |
| Short ID | 238283 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 67,127 SF |
| Land SF | 250,870 SF |
| Acres | 5.759 |
| Year Built | 1997 |
| Legal | LOT 1 BLK A INN HOME AMERICA NORTH LOT 2A *RESUB LOT 1 LESS 1499 SF INTO ROW HERITAGE HILLS WEST (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37NE1 |
| Land | $5,017,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,017,400 |
| Improvement | $982,600 |
|---|---|
| Total Improvement | $982,600 |
| Market | $6,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,000,000 |
| Taxable Value | $6,000,000 |
|---|
Appreciation: Market value has risen +46.3% from $4,100,000 (2021) to $6,000,000 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $122,789. 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 84% of market value ($5,017,400 land vs $982,600 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,000,000, 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 +25.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $38,644,951 by 2031, with an estimated annual tax burden around $381,877. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 74,581 SF | ✗ |
| 551 | PAVED AREA | 48,000 SF | ✗ |
| 3RD | 3rd Floor | 24,274 SF | ✓ |
| 2ND | 2nd Floor | 23,902 SF | ✓ |
| 1ST | 1st Floor | 18,951 SF | ✓ |
| SO | Sketch Only | 16,415 SF | ✗ |
| 4TH | 4th Floor | 7,076 SF | ✓ |
| 611 | TERRACE | 1,392 SF | ✗ |
| 601 | POOL COMM'L | 1,150 SF | ✗ |
| LOBBY | Lobby | 378 SF | ✓ |
| 501 | CANOPY | 233 SF | ✗ |
| 482 | LIGHT POLES | 13 SF | ✓ |
| 276 | ELEVATOR COM PAS | 2 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% | $55,512.00 | $55,512.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,441.02 | $31,441.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,550.70 | $22,550.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,081.38 | $7,081.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,204.00 | $6,204.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $122,789.10 | $122,789.10 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $55,512.00 | 45.2% |
| CAT City of Austin | 0.5240% | $31,441.02 | 25.6% |
| TCO Travis County | 0.3758% | $22,550.70 | 18.4% |
| THD Travis Central Health | 0.1180% | $7,081.38 | 5.8% |
| ACT Austin Community College | 0.1034% | $6,204.00 | 5.1% |
| Total | 2.0465% | $122,789.10 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,587,466 | $6,000,000 | +109.8% |
| Assessed Value | $12,587,466 | $6,000,000 | +109.8% |
| Land Value | $5,017,400 | $5,017,400 | +0.0% |
| Improvement Value | $7,570,066 | $982,600 | +670.4% |
| Taxable Value | $12,587,466 | $6,000,000 | +109.8% |
| Total Tax 2026 = estimate |
~$257,601
Estimated
|
~$122,789
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $12,587,466 | $5,017,400 | $7,570,066 | — | $12,587,466 | $12,587,466 | Not yet — post-cert | Preliminary |
| 2025 | $6,000,000 | $5,017,400 | $982,600 | — | $6,000,000 | $6,000,000 | ~$122,789 | Partial |
| 2024 | $6,000,000 | $5,017,400 | $982,600 | — | $6,000,000 | $6,000,000 | $118,909 | Verified |
| 2023 | $7,095,907 | $4,515,660 | $2,580,247 | — | $7,095,907 | $7,095,907 | $121,238 | Verified |
| 2022 | $4,850,000 | $4,515,660 | $334,340 | — | $4,850,000 | $4,850,000 | $95,784 | Verified |
| 2021 | $4,100,000 | $3,010,440 | $1,089,560 | — | $4,100,000 | $4,100,000 | $89,244 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +109.8% ! | +109.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -15.4% | -15.4% | ~100% | No billing data | Verified |
| 2023 | +46.3% | +46.3% | ~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): +46.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +109.8% | +31.8% | +25.2% | +109.8% | 2026 | -15.4% | 2024 |
| 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 |
$122,789 | $109,593 | ~$328,436 | $122,789 | 2025 | $89,244 | 2021 |
Market value changed by 110% 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 | ~$15,753,215 | ~$13,846,213 | ~2.0139% | ~$278,854 | +25.2% |
| 2028 | ~$19,715,150 | ~$15,230,834 | ~1.9814% | ~$301,782 | +56.6% |
| 2029 | ~$24,673,513 | ~$16,753,917 | ~1.9488% | ~$326,507 | +96.0% |
| 2030 | ~$30,878,904 | ~$18,429,309 | ~1.9163% | ~$353,159 | +145.3% |
| 2031 | ~$38,644,951 | ~$20,272,240 | ~1.8837% | ~$381,877 | +207.0% |
| 2027 | ~$15,501,466 | ~$13,846,213 | ~2.0465% | ~$283,361 | +23.2% |
| 2028 | ~$19,090,057 | ~$15,230,834 | ~2.0465% | ~$311,697 | +51.7% |
| 2029 | ~$23,509,407 | ~$16,753,917 | ~2.0465% | ~$342,866 | +86.8% |
| 2030 | ~$28,951,837 | ~$18,429,309 | ~2.0465% | ~$377,153 | +130.0% |
| 2031 | ~$35,654,190 | ~$20,272,240 | ~2.0465% | ~$414,868 | +183.3% |
| 2027 | ~$16,004,964 | ~$13,846,213 | ~1.9977% | ~$276,601 | +27.2% |
| 2028 | ~$20,350,314 | ~$15,230,834 | ~1.9488% | ~$296,825 | +61.7% |
| 2029 | ~$25,875,426 | ~$16,753,917 | ~1.9000% | ~$318,327 | +105.6% |
| 2030 | ~$32,900,607 | ~$18,429,309 | ~1.8512% | ~$341,162 | +161.4% |
| 2031 | ~$41,833,126 | ~$20,272,240 | ~1.8024% | ~$365,381 | +232.3% |
In 2025, this property's market value of $6,000,000 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 | $6,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,095,907 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,850,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,100,000 | $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 | — |