S LAMAR BLVD TX 78704
| Owner | SARDIS LONE STAR II LLC |
|---|---|
| Parcel ID | 0105021406 |
| Short ID | 931294 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 160,000 SF |
| Land SF | 23,995 SF |
| Acres | 0.551 |
| Year Built | 2021 |
| Legal | UNT HOTEL LOREN AT LADY BIRD LAKE MASTER CONDOMINIUMS THE PLUS 47.692 % INT IN COM AREA |
| Neighborhood | 37SC1 |
| Land | $4,798,960 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,798,960 |
| Improvement | $41,827,046 |
|---|---|
| Total Improvement | $41,827,046 |
| Market | $46,626,006 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,626,006 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,626,006 |
| Taxable Value | $46,626,006 |
|---|
Appreciation: Market value has risen +1519.3% from $2,879,376 (2021) to $46,626,006 (2025), a CAGR of 100.6% 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 +24.1%, 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 $954,194. 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 10% of market value ($4,798,960 land vs $41,827,046 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,626,006, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +100.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,514,574,040 by 2030, with an estimated annual tax burden around $1,414,533. 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 | 160,000 SF | ✓ |
Market value changed by 633% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $422,751.64 | $422,751.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $239,439.09 | $239,439.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $171,734.86 | $171,734.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $53,928.25 | $53,928.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $47,246.56 | $47,246.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $935,100.40 | $935,100.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $50,657,779 | $46,626,006 | +8.6% |
| Assessed Value | $50,657,779 | $46,626,006 | +8.6% |
| Land Value | $4,798,960 | $4,798,960 | +0.0% |
| Improvement Value | $45,858,819 | $41,827,046 | +9.6% |
| Taxable Value | $50,657,779 | $46,626,006 | +8.6% |
| Total Tax 2026 = estimate |
~$1,036,704
Estimated
|
~$935,100
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $57,296,626 | $50,657,779 | -6,638,847 (-11.6%) |
| Taxable Value | $57,296,626 | $50,657,779 | -6,638,847 (-11.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $50,657,779 | $4,798,960 | $45,858,819 | — | $50,657,779 | $50,657,779 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $46,626,006 | $4,798,960 | $41,827,046 | — | $46,626,006 | $46,626,006 | ~$935,100 | Partial |
| 2024 | $48,004,455 | — | — | −$43,205,495 | $4,798,960 | $— | $956,842 | Verified |
| 2023 | $35,763,696 | — | — | −$30,964,736 | $4,798,960 | $— | $868,519 | Verified |
| 2022 | $4,879,376 | — | — | −$2,000,000 | $2,879,376 | $— | $706,305 | Verified |
| 2021 | $2,879,376 | — | — | — | $2,879,376 | $— | $106,208 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.9% | +22.9% | ~100% | Not available | Partial |
| 2025 | -12.8% | -12.8% | ~100% | Not available | Partial |
| 2024 | +11.4% | +11.4% | ~100% | 1.7900% | Verified |
| 2023 | +34.2% | +34.2% | ~100% | 1.8100% | Verified |
| 2022 | +633.0% ! | +633.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +855.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.6% | +148.5% | +97.4% | +633.0% | 2023 | -2.9% | 2025 |
| Assessment Ratio | 100.0% | 63.7% | — | 100.0% | 2021 | 10.0% | 2024 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$935,100 | $714,595 | ~$1,216,579 | $956,842 | 2024 | $106,208 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$93,532,098 | ~$51,288,607 | ~2.0139% | ~$1,032,920 | +100.6% |
| 2027 | ~$187,626,049 | ~$56,417,467 | ~1.9814% | ~$1,117,849 | +302.4% |
| 2028 | ~$376,379,180 | ~$62,059,214 | ~1.9488% | ~$1,209,434 | +707.2% |
| 2029 | ~$755,019,294 | ~$68,265,135 | ~1.9163% | ~$1,308,159 | +1519.3% |
| 2030 | ~$1,514,574,040 | ~$75,091,649 | ~1.8837% | ~$1,414,533 | +3148.3% |
| 2026 | ~$92,599,577 | ~$51,288,607 | ~2.0465% | ~$1,049,614 | +98.6% |
| 2027 | ~$183,903,415 | ~$56,417,467 | ~2.0465% | ~$1,154,575 | +294.4% |
| 2028 | ~$365,233,482 | ~$62,059,214 | ~2.0465% | ~$1,270,033 | +683.3% |
| 2029 | ~$725,356,277 | ~$68,265,135 | ~2.0465% | ~$1,397,036 | +1455.7% |
| 2030 | ~$1,440,562,692 | ~$75,091,649 | ~2.0465% | ~$1,536,739 | +2989.6% |
| 2026 | ~$94,464,618 | ~$51,288,607 | ~1.9977% | ~$1,024,573 | +102.6% |
| 2027 | ~$191,385,983 | ~$56,417,467 | ~1.9488% | ~$1,099,486 | +310.5% |
| 2028 | ~$387,749,354 | ~$62,059,214 | ~1.9000% | ~$1,179,135 | +731.6% |
| 2029 | ~$785,582,932 | ~$68,265,135 | ~1.8512% | ~$1,263,720 | +1584.9% |
| 2030 | ~$1,591,596,571 | ~$75,091,649 | ~1.8024% | ~$1,353,430 | +3313.5% |
In 2025, this property's market value of $46,626,006 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 33× the county median of $1,417,484. 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 | $46,626,006 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $48,004,455 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $35,763,696 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,879,376 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,879,376 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.