601 MIDDLE LN AUSTIN, TX 78753
| Owner | SURAJ SUNIL NAIK & SONS INC |
|---|---|
| Parcel ID | 0239190401 |
| Short ID | 243375 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 10,122 SF |
| Land SF | 24,824 SF |
| Acres | 0.570 |
| Year Built | 1983 |
| Legal | LOT 1 *LESS W5FT & N5 FT BLK N GEORGIAN ACRES (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37NO1 |
| Land | $297,888 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $297,888 |
| Improvement | $802,377 |
|---|---|
| Total Improvement | $802,377 |
| Market | $1,100,265 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,100,265 |
| Value Limitation Adjustment (−) (homestead cap) | −$421,033 |
| Net Appraised (assessed) | $679,232 |
| Taxable Value | $679,232 |
|---|
Appreciation: Market value has risen +162.0% from $420,000 (2021) to $1,100,265 (2025), a CAGR of 27.2% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $13,900. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($679,232) is $421,033 below market value, suggesting potential for an upward assessment in future years.
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 ($297,888 land vs $802,377 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,100,265, this parcel sits in the lower-middle (25th–50th 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 +0.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $450,896 by 2031, with an estimated annual tax burden around $8,494. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 13,500 SF | ✗ |
| 1ST | 1st Floor | 5,061 SF | ✓ |
| 2ND | 2nd Floor | 5,061 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,212 SF | ✗ |
| SO | Sketch Only | 1,212 SF | ✗ |
| 501 | CANOPY | 580 SF | ✗ |
| 581C | STORAGE ATT COMM | 72 SF | ✓ |
| 511 | DECK | 12 SF | ✗ |
| 549 | FENCE COMM 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% | $6,284.25 | $6,284.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,559.29 | $3,559.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,552.86 | $2,552.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $801.65 | $801.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $702.33 | $702.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,900.38 | $13,900.38 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,284.25 | 45.2% |
| CAT City of Austin | 0.5240% | $3,559.29 | 25.6% |
| TCO Travis County | 0.3758% | $2,552.86 | 18.4% |
| THD Travis Central Health | 0.1180% | $801.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $702.33 | 5.1% |
| Total | 2.0465% | $13,900.38 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $435,174 | $1,100,265 | -60.4% |
| Assessed Value | $435,174 | $679,232 | -35.9% |
| Land Value | $297,888 | $297,888 | +0.0% |
| Improvement Value | $137,286 | $802,377 | -82.9% |
| Taxable Value | $435,174 | $679,232 | -35.9% |
| Total Tax 2026 = estimate |
~$8,906
Estimated
|
~$13,900
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $435,174 | $297,888 | $137,286 | — | $435,174 | $435,174 | Not yet — post-cert | Preliminary |
| 2025 | $1,100,265 | $297,888 | $802,377 | −$421,033 | $679,232 | $679,232 | ~$13,900 | Partial |
| 2024 | $997,083 | $297,888 | $699,195 | −$431,056 | $566,027 | $566,027 | $11,218 | Verified |
| 2023 | $485,964 | $297,888 | $188,076 | — | $485,964 | $485,964 | $8,534 | Verified |
| 2022 | $500,000 | $297,888 | $202,112 | — | $500,000 | $500,000 | $9,875 | Verified |
| 2021 | $420,000 | $297,888 | $122,112 | — | $420,000 | $420,000 | $9,142 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -60.4% | -35.9% | ~100% | Not available | Partial |
| 2025 | +10.3% | +20.0% | 61.7% | Not available | Partial |
| 2024 | +105.2% ! | +16.5% | 56.8% | No billing data | Verified |
| 2023 | -2.8% | -2.8% | ~100% | No billing data | Verified |
| 2022 | +19.0% | +19.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +162.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -60.4% | +14.3% | +0.7% | +105.2% | 2024 | -60.4% | 2026 |
| Assessment Ratio | 100.0% | 86.4% | — | 100.0% | 2021 | 56.8% | 2024 |
| Effective Tax Rate (2025) | 1.2600% | 1.2600% | — | 1.2600% | 2025 | 1.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,900 | $10,534 | ~$8,662 | $13,900 | 2025 | $8,534 | 2023 |
Market value changed by 105% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$438,274 | ~$438,274 | ~2.0139% | ~$8,827 | +0.7% |
| 2028 | ~$441,396 | ~$441,396 | ~1.9814% | ~$8,746 | +1.4% |
| 2029 | ~$444,540 | ~$444,540 | ~1.9488% | ~$8,663 | +2.2% |
| 2030 | ~$447,707 | ~$447,707 | ~1.9163% | ~$8,579 | +2.9% |
| 2031 | ~$450,896 | ~$450,896 | ~1.8837% | ~$8,494 | +3.6% |
| 2027 | ~$429,570 | ~$429,570 | ~2.0465% | ~$8,791 | -1.3% |
| 2028 | ~$424,039 | ~$424,039 | ~2.0465% | ~$8,678 | -2.6% |
| 2029 | ~$418,579 | ~$418,579 | ~2.0465% | ~$8,566 | -3.8% |
| 2030 | ~$413,189 | ~$413,189 | ~2.0465% | ~$8,456 | -5.1% |
| 2031 | ~$407,869 | ~$407,869 | ~2.0465% | ~$8,347 | -6.3% |
| 2027 | ~$446,977 | ~$446,977 | ~1.9977% | ~$8,929 | +2.7% |
| 2028 | ~$459,101 | ~$459,101 | ~1.9488% | ~$8,947 | +5.5% |
| 2029 | ~$471,553 | ~$471,553 | ~1.9000% | ~$8,960 | +8.4% |
| 2030 | ~$484,344 | ~$484,344 | ~1.8512% | ~$8,966 | +11.3% |
| 2031 | ~$497,481 | ~$497,481 | ~1.8024% | ~$8,966 | +14.3% |
In 2025, this property's market value of $1,100,265 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -20% below 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 | $1,100,265 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $997,083 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $485,964 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $500,000 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $420,000 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |