150 PARKER DR TX 78728
| Owner | NORTH LOOP HOTELS LLC |
|---|---|
| Parcel ID | 0284230104 |
| Short ID | 482073 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 29,924 SF |
| Land SF | 100,405 SF |
| Acres | 2.305 |
| Year Built | 1998 |
| Legal | LOT 2A CORRIDOR PARK I REPLAT OF LT 2 RESUB OF LT 3 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NO3 |
| Land | $702,835 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $702,835 |
| Improvement | $5,358,352 |
|---|---|
| Total Improvement | $5,358,352 |
| Market | $6,061,187 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,061,187 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,061,187 |
| Taxable Value | $6,061,187 |
|---|
Appreciation: Market value has risen +51.9% from $3,990,000 (2021) to $6,061,187 (2025), a CAGR of 11.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $112,882. Round Rock ISD is the largest single contributor, at 48.0% 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 12% of market value ($702,835 land vs $5,358,352 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,061,187, 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 +9.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,543,994 by 2031, with an estimated annual tax burden around $148,849. 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 | 40,862 SF | ✗ |
| 551 | PAVED AREA | 34,200 SF | ✗ |
| 2ND | 2nd Floor | 10,188 SF | ✓ |
| 3RD | 3rd Floor | 10,188 SF | ✓ |
| 4TH | 4th Floor | 10,188 SF | ✓ |
| 1ST | 1st Floor | 9,548 SF | ✓ |
| 611 | TERRACE | 2,242 SF | ✗ |
| 501 | CANOPY | 1,008 SF | ✗ |
| LOBBY | Lobby | 750 SF | ✓ |
| 601 | POOL COMM'L | 600 SF | ✗ |
| 581C | STORAGE ATT COMM | 112 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 521 | FIREPLACE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $54,132.46 | $54,132.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,780.67 | $22,780.67 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $22,547.62 | $22,547.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,153.59 | $7,153.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,267.27 | $6,267.27 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $112,881.61 | $112,881.61 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $54,132.46 | 48.0% |
| TCO Travis County | 0.3758% | $22,780.67 | 20.2% |
| CRR City of Round Rock | 0.3720% | $22,547.62 | 20.0% |
| THD Travis Central Health | 0.1180% | $7,153.59 | 6.3% |
| ACT Austin Community College | 0.1034% | $6,267.27 | 5.6% |
| Total | 1.8624% | $112,881.61 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,170,943 | $6,061,187 | +1.8% |
| Assessed Value | $6,170,943 | $6,061,187 | +1.8% |
| Land Value | $702,835 | $702,835 | +0.0% |
| Improvement Value | $5,468,108 | $5,358,352 | +2.0% |
| Taxable Value | $6,170,943 | $6,061,187 | +1.8% |
| Total Tax 2026 = estimate |
~$114,926
Estimated
|
~$112,882
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,170,943 | $702,835 | $5,468,108 | — | $6,170,943 | $6,170,943 | Not yet — post-cert | Preliminary |
| 2025 | $6,061,187 | $702,835 | $5,358,352 | — | $6,061,187 | $6,061,187 | ~$112,882 | Partial |
| 2024 | $6,742,943 | $702,835 | $6,040,108 | — | $6,742,943 | $6,742,943 | $121,832 | Verified |
| 2023 | $6,878,740 | $702,835 | $6,175,905 | — | $6,878,740 | $6,878,740 | $105,097 | Verified |
| 2022 | $4,700,000 | $702,835 | $3,997,165 | — | $4,700,000 | $4,700,000 | $90,250 | Verified |
| 2021 | $3,990,000 | $702,835 | $3,287,165 | — | $3,990,000 | $3,990,000 | $78,973 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | -2.0% | -2.0% | ~100% | No billing data | Verified |
| 2023 | +46.4% | +46.4% | ~100% | No billing data | Verified |
| 2022 | +17.8% | +17.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.8% | +10.8% | +9.1% | +46.4% | 2023 | -10.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$112,882 | $101,807 | ~$134,909 | $121,832 | 2024 | $78,973 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,733,289 | ~$6,733,289 | ~1.8018% | ~$121,321 | +9.1% |
| 2028 | ~$7,346,881 | ~$7,346,881 | ~1.7413% | ~$127,928 | +19.1% |
| 2029 | ~$8,016,388 | ~$8,016,388 | ~1.6807% | ~$134,732 | +29.9% |
| 2030 | ~$8,746,906 | ~$8,746,906 | ~1.6202% | ~$141,714 | +41.7% |
| 2031 | ~$9,543,994 | ~$9,543,994 | ~1.5596% | ~$148,849 | +54.7% |
| 2027 | ~$6,609,870 | ~$6,609,870 | ~1.8624% | ~$123,100 | +7.1% |
| 2028 | ~$7,080,018 | ~$7,080,018 | ~1.8624% | ~$131,856 | +14.7% |
| 2029 | ~$7,583,606 | ~$7,583,606 | ~1.8624% | ~$141,235 | +22.9% |
| 2030 | ~$8,123,013 | ~$8,123,013 | ~1.8624% | ~$151,280 | +31.6% |
| 2031 | ~$8,700,787 | ~$8,700,787 | ~1.8624% | ~$162,041 | +41.0% |
| 2027 | ~$6,856,708 | ~$6,788,037 | ~1.7715% | ~$120,253 | +11.1% |
| 2028 | ~$7,618,681 | ~$7,466,841 | ~1.6807% | ~$125,496 | +23.5% |
| 2029 | ~$8,465,330 | ~$8,213,525 | ~1.5899% | ~$130,585 | +37.2% |
| 2030 | ~$9,406,066 | ~$9,034,878 | ~1.4991% | ~$135,437 | +52.4% |
| 2031 | ~$10,451,344 | ~$9,938,365 | ~1.4082% | ~$139,954 | +69.4% |
In 2025, this property's market value of $6,061,187 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 | $6,061,187 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,742,943 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,878,740 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,700,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,990,000 | $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 | — |