S INTERSTATE HY 35 TX 78744
| Owner | AUSTIN SOUTH HOTELS LLC |
|---|---|
| Parcel ID | 0418011201 |
| Short ID | 863391 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 110,452 SF |
| Land SF | 129,025 SF |
| Acres | 2.962 |
| Year Built | 2021 |
| Legal | LOT 3 TERI ROAD AT IH 35 SUBD |
| Neighborhood | 35SE2 |
| Land | $2,580,494 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,580,494 |
| Improvement | $6,419,506 |
|---|---|
| Total Improvement | $6,419,506 |
| Market | $9,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,000,000 |
| Taxable Value | $9,000,000 |
|---|
Appreciation: Market value has risen +91.2% from $4,706,632 (2021) to $9,000,000 (2025), a CAGR of 17.6% 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant 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 $184,184. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 29% of market value ($2,580,494 land vs $6,419,506 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,000,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +26.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $48,406,333 by 2031, with an estimated annual tax burden around $911,851. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 110,452 SF | ✓ |
| 501 | CANOPY | 1,575 SF | ✗ |
| 601 | POOL COMM'L | 420 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% | $83,268.00 | $83,268.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,161.53 | $47,161.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,826.05 | $33,826.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,622.07 | $10,622.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,306.00 | $9,306.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $184,183.65 | $184,183.65 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $83,268.00 | 45.2% |
| CAT City of Austin | 0.5240% | $47,161.53 | 25.6% |
| TCO Travis County | 0.3758% | $33,826.05 | 18.4% |
| THD Travis Central Health | 0.1180% | $10,622.07 | 5.8% |
| ACT Austin Community College | 0.1034% | $9,306.00 | 5.1% |
| Total | 2.0465% | $184,183.65 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,094,065 | $9,000,000 | +67.7% |
| Assessed Value | $15,094,065 | $9,000,000 | +67.7% |
| Land Value | $2,580,494 | $2,580,494 | +0.0% |
| Improvement Value | $12,513,571 | $6,419,506 | +94.9% |
| Taxable Value | $15,094,065 | $9,000,000 | +67.7% |
| Total Tax 2026 = estimate |
~$308,898
Estimated
|
~$184,184
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $15,094,065 | $2,580,494 | $12,513,571 | — | $15,094,065 | $15,094,065 | Not yet — post-cert | Preliminary |
| 2025 | $9,000,000 | $2,580,494 | $6,419,506 | — | $9,000,000 | $9,000,000 | ~$184,184 | Partial |
| 2024 | $10,754,113 | $2,580,494 | $8,173,619 | — | $10,754,113 | $10,754,113 | $171,355 | Verified |
| 2023 | $9,646,985 | $2,580,494 | $7,066,491 | — | $9,646,985 | $9,646,985 | $174,538 | Verified |
| 2022 | $8,513,850 | $2,580,494 | $5,933,356 | — | $8,513,850 | $8,513,850 | $168,142 | Verified |
| 2021 | $4,706,632 | $2,580,494 | $2,126,138 | — | $4,706,632 | $4,706,632 | $102,448 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +67.7% | +67.7% | ~100% | Not available | Partial |
| 2025 | -16.3% | -16.3% | ~100% | Not available | Partial |
| 2024 | +11.5% | +11.5% | ~100% | No billing data | Verified |
| 2023 | +13.3% | +13.3% | ~100% | No billing data | Verified |
| 2022 | +80.9% ! | +80.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +91.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +67.7% | +31.4% | +26.2% | +80.9% | 2022 | -16.3% | 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 |
$184,184 | $160,133 | ~$619,787 | $184,184 | 2025 | $102,448 | 2021 |
Market value changed by 81% 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 | ~$19,055,722 | ~$19,055,722 | ~2.0139% | ~$383,770 | +26.2% |
| 2028 | ~$24,057,174 | ~$24,057,174 | ~1.9814% | ~$476,666 | +59.4% |
| 2029 | ~$30,371,329 | ~$30,371,329 | ~1.9488% | ~$591,888 | +101.2% |
| 2030 | ~$38,342,727 | ~$38,342,727 | ~1.9163% | ~$734,758 | +154.0% |
| 2031 | ~$48,406,333 | ~$48,406,333 | ~1.8837% | ~$911,851 | +220.7% |
| 2027 | ~$18,753,841 | ~$18,753,841 | ~2.0465% | ~$383,795 | +24.2% |
| 2028 | ~$23,300,982 | ~$23,300,982 | ~2.0465% | ~$476,851 | +54.4% |
| 2029 | ~$28,950,645 | ~$28,950,645 | ~2.0465% | ~$592,471 | +91.8% |
| 2030 | ~$35,970,150 | ~$35,970,150 | ~2.0465% | ~$736,124 | +138.3% |
| 2031 | ~$44,691,637 | ~$44,691,637 | ~2.0465% | ~$914,608 | +196.1% |
| 2027 | ~$19,357,603 | ~$19,357,603 | ~1.9977% | ~$386,700 | +28.2% |
| 2028 | ~$24,825,440 | ~$24,825,440 | ~1.9488% | ~$483,808 | +64.5% |
| 2029 | ~$31,837,747 | ~$31,837,747 | ~1.9000% | ~$604,923 | +110.9% |
| 2030 | ~$40,830,782 | ~$40,830,782 | ~1.8512% | ~$755,857 | +170.5% |
| 2031 | ~$52,364,031 | ~$52,364,031 | ~1.8024% | ~$943,794 | +246.9% |
In 2025, this property's market value of $9,000,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 107× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $9,000,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $10,754,113 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $9,646,985 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $8,513,850 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $4,706,632 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |