2607 S INTERSTATE HY 35 TX 78741
| Owner | PARK WEST PROPERTIES INC |
|---|---|
| Parcel ID | 0307020313 |
| Short ID | 287463 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 11,923 SF |
| Land SF | 43,604 SF |
| Acres | 1.001 |
| Year Built | 1980 |
| Legal | LOT 2 EXXON SUBD (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SE1 |
| Land | $2,180,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,180,200 |
| Improvement | $1,121,644 |
|---|---|
| Total Improvement | $1,121,644 |
| Market | $3,301,844 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,301,844 |
| Value Limitation Adjustment (−) (homestead cap) | −$724,610 |
| Net Appraised (assessed) | $2,577,234 |
| Taxable Value | $2,577,234 |
|---|
Appreciation: Market value has risen +234.0% from $988,526 (2021) to $3,301,844 (2025), a CAGR of 35.2% 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 $52,743. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,577,234) is $724,610 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 66% of market value ($2,180,200 land vs $1,121,644 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,301,844, 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 +27.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $11,484,781 by 2031, with an estimated annual tax burden around $93,825. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 23,600 SF | ✗ |
| 2ND | 2nd Floor | 6,376 SF | ✓ |
| 1ST | 1st Floor | 5,547 SF | ✓ |
| SO | Sketch Only | 2,951 SF | ✗ |
| 501 | CANOPY | 2,480 SF | ✗ |
| 581C | STORAGE ATT COMM | 707 SF | ✓ |
| 601 | POOL COMM'L | 350 SF | ✗ |
| 611 | TERRACE | 350 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +1,196 |
| Travis County | 0.3444% | 0.3758% | +809 |
| Austin ISD | 0.9505% | 0.9252% | -652 |
| Travis Central Health | 0.1080% | 0.1180% | +259 |
| Austin Community College | 0.1013% | 0.1034% | +54 |
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% | $23,844.57 | $6,018.95 | $17,825.62 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,505.14 | $3,409.02 | $10,096.12 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,686.41 | $2,445.08 | $7,241.33 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,041.73 | $767.80 | $2,273.93 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,664.86 | $672.67 | $1,992.19 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,742.71 | $13,313.52 | $39,429.19 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $23,844.57 | 45.2% |
| CAT City of Austin | 0.5240% | $13,505.14 | 25.6% |
| TCO Travis County | 0.3758% | $9,686.41 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,041.73 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,664.86 | 5.1% |
| Total | 2.0465% | $52,742.71 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,369,422 | $3,301,844 | +2.0% |
| Assessed Value | $3,092,681 | $2,577,234 | +20.0% |
| Land Value | $2,180,200 | $2,180,200 | +0.0% |
| Improvement Value | $1,189,222 | $1,121,644 | +6.0% |
| Taxable Value | $3,092,681 | $2,577,234 | +20.0% |
| HS Cap Loss | -$276,741 | — | |
| Total Tax 2026 = estimate |
~$63,291
Estimated
|
$52,743 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,369,422 | $2,180,200 | $1,189,222 | −$276,741 | $3,092,681 | $3,092,681 | Not yet — post-cert | Preliminary |
| 2025 | $3,301,844 | $2,180,200 | $1,121,644 | −$724,610 | $2,577,234 | $2,577,234 | $52,743 | Verified |
| 2024 | $2,759,602 | $2,180,200 | $579,402 | −$611,907 | $2,147,695 | $2,147,695 | $42,563 | Verified |
| 2023 | $1,789,746 | $872,080 | $917,666 | — | $1,789,746 | $1,789,746 | $32,381 | Verified |
| 2022 | $1,020,000 | $872,080 | $147,920 | — | $1,020,000 | $1,020,000 | $20,144 | Verified |
| 2021 | $988,526 | $872,080 | $116,446 | — | $988,526 | $988,526 | $21,517 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +20.0% | 91.8% | Not available | Partial |
| 2025 | +19.6% | +20.0% | 78.0% | 1.6000% | Verified |
| 2024 | +54.2% | +20.0% | 77.8% | No billing data | Verified |
| 2023 | +75.5% ! | +75.5% | ~100% | No billing data | Verified |
| 2022 | +3.2% | +3.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +234.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | +30.9% | +27.8% | +75.5% | 2023 | +2.0% | 2026 |
| Assessment Ratio | 91.8% | 91.3% | — | 100.0% | 2021 | 77.8% | 2024 |
| Effective Tax Rate (2025) | 1.6000% | 1.6000% | — | 1.6000% | 2025 | 1.6000% | 2025 |
| Tax Amount | $52,743 | $33,870 | ~$80,695 | $52,743 | 2025 | $20,144 | 2022 |
Market value changed by 75% 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 | ~$4,305,949 | ~$3,401,949 | ~2.0139% | ~$68,513 | +27.8% |
| 2028 | ~$5,502,782 | ~$3,742,144 | ~1.9814% | ~$74,146 | +63.3% |
| 2029 | ~$7,032,274 | ~$4,116,358 | ~1.9488% | ~$80,221 | +108.7% |
| 2030 | ~$8,986,886 | ~$4,527,994 | ~1.9163% | ~$86,770 | +166.7% |
| 2031 | ~$11,484,781 | ~$4,980,794 | ~1.8837% | ~$93,825 | +240.9% |
| 2027 | ~$4,238,560 | ~$3,401,949 | ~2.0465% | ~$69,620 | +25.8% |
| 2028 | ~$5,331,892 | ~$3,742,144 | ~2.0465% | ~$76,582 | +58.2% |
| 2029 | ~$6,707,247 | ~$4,116,358 | ~2.0465% | ~$84,241 | +99.1% |
| 2030 | ~$8,437,374 | ~$4,527,994 | ~2.0465% | ~$92,665 | +150.4% |
| 2031 | ~$10,613,785 | ~$4,980,794 | ~2.0465% | ~$101,931 | +215.0% |
| 2027 | ~$4,373,337 | ~$3,401,949 | ~1.9977% | ~$67,959 | +29.8% |
| 2028 | ~$5,676,368 | ~$3,742,144 | ~1.9488% | ~$72,928 | +68.5% |
| 2029 | ~$7,367,635 | ~$4,116,358 | ~1.9000% | ~$78,211 | +118.7% |
| 2030 | ~$9,562,813 | ~$4,527,994 | ~1.8512% | ~$83,822 | +183.8% |
| 2031 | ~$12,412,042 | ~$4,980,794 | ~1.8024% | ~$89,772 | +268.4% |
In 2025, this property's market value of $3,301,844 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +139% above 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 | $3,301,844 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $2,759,602 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,789,746 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,020,000 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $988,526 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | Verified |
| 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 | — |