2200 KRAMER LN TX 78758
| Owner | CHATHAM AUSTIN TPS LLC |
|---|---|
| Parcel ID | 0250110502 |
| Short ID | 256607 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 69,732 SF |
| Land SF | 96,616 SF |
| Acres | 2.218 |
| Year Built | 2020 |
| Legal | 2.218AC OF LOT 2 BLK B KRAMER LANE 65 SEC 1 RESUB OF LOT 10 THE |
| Neighborhood | 1NO1 |
| Land | $7,246,206 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,246,206 |
| Improvement | $19,570,952 |
|---|---|
| Total Improvement | $19,570,952 |
| Market | $26,817,158 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,817,158 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,817,158 |
| Taxable Value | $26,817,158 |
|---|
Appreciation: Market value has risen +13496.8% from $197,232 (2021) to $26,817,158 (2025), a CAGR of 241.5% 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 $548,809. 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 ($7,246,206 land vs $19,570,952 improvements), about $75/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,817,158, 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 +169.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,010,082,400 by 2031, with an estimated annual tax burden around $853,199. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 69,732 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% | $248,112.35 | $248,112.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $140,526.47 | $140,526.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $100,790.95 | $100,790.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,650.41 | $31,650.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,728.94 | $27,728.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $548,809.12 | $548,809.12 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $248,112.35 | 45.2% |
| CAT City of Austin | 0.5240% | $140,526.47 | 25.6% |
| TCO Travis County | 0.3758% | $100,790.95 | 18.4% |
| THD Travis Central Health | 0.1180% | $31,650.41 | 5.8% |
| ACT Austin Community College | 0.1034% | $27,728.94 | 5.1% |
| Total | 2.0465% | $548,809.12 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $28,123,239 | $26,817,158 | +4.9% |
| Assessed Value | $28,123,239 | $26,817,158 | +4.9% |
| Land Value | $7,246,206 | $7,246,206 | +0.0% |
| Improvement Value | $20,877,033 | $19,570,952 | +6.7% |
| Taxable Value | $28,123,239 | $26,817,158 | +4.9% |
| Total Tax 2026 = estimate |
~$575,538
Estimated
|
~$548,809
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $28,123,239 | $7,246,206 | $20,877,033 | — | $28,123,239 | $28,123,239 | Not yet — post-cert | Preliminary |
| 2025 | $26,817,158 | $7,246,206 | $19,570,952 | — | $26,817,158 | $26,817,158 | ~$548,809 | Partial |
| 2024 | $32,000,000 | $7,246,206 | $24,753,794 | — | $32,000,000 | $32,000,000 | $634,180 | Verified |
| 2023 | $21,897,338 | $7,246,206 | $14,651,132 | — | $21,897,338 | $21,897,338 | $325,664 | Verified |
| 2022 | $14,900,000 | $2,898,482 | $12,001,518 | — | $14,900,000 | $14,900,000 | $288,072 | Verified |
| 2021 | $197,232 | $193,232 | $4,000 | — | $197,232 | $197,232 | $4,293 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | -16.2% | -16.2% | ~100% | Not available | Partial |
| 2024 | +46.1% | +46.1% | ~100% | No billing data | Verified |
| 2023 | +47.0% | +47.0% | ~100% | No billing data | Verified |
| 2022 | +7454.6% ! | +7454.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13496.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.9% | +1507.3% | +169.7% | +7454.6% | 2022 | -16.2% | 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 |
$548,809 | $360,204 | ~$733,800 | $634,180 | 2024 | $4,293 | 2021 |
Market value changed by 7455% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$75,837,312 | ~$30,935,563 | ~2.0139% | ~$623,023 | +169.7% |
| 2028 | ~$204,503,395 | ~$34,029,119 | ~1.9814% | ~$674,249 | +627.2% |
| 2029 | ~$551,465,202 | ~$37,432,031 | ~1.9488% | ~$729,490 | +1860.9% |
| 2030 | ~$1,487,084,698 | ~$41,175,234 | ~1.9163% | ~$789,037 | +5187.7% |
| 2031 | ~$4,010,082,400 | ~$45,292,758 | ~1.8837% | ~$853,199 | +14159.0% |
| 2027 | ~$75,274,847 | ~$30,935,563 | ~2.0465% | ~$633,092 | +167.7% |
| 2028 | ~$201,481,151 | ~$34,029,119 | ~2.0465% | ~$696,401 | +616.4% |
| 2029 | ~$539,285,778 | ~$37,432,031 | ~2.0465% | ~$766,041 | +1817.6% |
| 2030 | ~$1,443,455,868 | ~$41,175,234 | ~2.0465% | ~$842,645 | +5032.6% |
| 2031 | ~$3,863,563,491 | ~$45,292,758 | ~2.0465% | ~$926,909 | +13638.0% |
| 2027 | ~$76,399,776 | ~$30,935,563 | ~1.9977% | ~$617,988 | +171.7% |
| 2028 | ~$207,548,136 | ~$34,029,119 | ~1.9488% | ~$663,173 | +638.0% |
| 2029 | ~$563,826,635 | ~$37,432,031 | ~1.9000% | ~$711,215 | +1904.8% |
| 2030 | ~$1,531,695,154 | ~$41,175,234 | ~1.8512% | ~$762,233 | +5346.4% |
| 2031 | ~$4,161,013,151 | ~$45,292,758 | ~1.8024% | ~$816,344 | +14695.6% |
In 2025, this property's market value of $26,817,158 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 19× 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 | $26,817,158 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $32,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $21,897,338 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $14,900,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $197,232 | $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 | — |