12424 N U S HY 183 TX 78759
| Owner | BRE/ESA P PORTFOLIO TXNC PROP LP |
|---|---|
| Parcel ID | 0166030405 |
| Short ID | 424200 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 72,632 SF |
| Land SF | 143,181 SF |
| Acres | 3.287 |
| Year Built | 1998 |
| Legal | LOT 1 BLK A INN HOME JOLLYVILLE (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37NW3 |
| Land | $4,295,430 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,295,430 |
| Improvement | $1,736,434 |
|---|---|
| Total Improvement | $1,736,434 |
| Market | $6,031,864 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,031,864 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,031,864 |
| Taxable Value | $6,031,864 |
|---|
Appreciation: Market value has risen +35.5% from $4,453,000 (2021) to $6,031,864 (2025), a CAGR of 7.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $121,505. Round Rock ISD is the largest single contributor, at 44.3% 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 71% of market value ($4,295,430 land vs $1,736,434 improvements), about $30/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,031,864, 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 +7.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,814,549 by 2030, with an estimated annual tax burden around $151,755. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 72,632 SF | ✗ |
| SO | Sketch Only | 72,632 SF | ✗ |
| 551 | PAVED AREA | 52,440 SF | ✗ |
| 1ST | 1st Floor | 24,970 SF | ✓ |
| 2ND | 2nd Floor | 23,831 SF | ✓ |
| 3RD | 3rd Floor | 23,831 SF | ✓ |
| 601 | POOL COMM'L | 1,125 SF | ✗ |
| 501 | CANOPY | 1,107 SF | ✗ |
| 482 | LIGHT POLES | 14 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $52,276.31 | $52,276.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,672.58 | $30,672.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,999.54 | $21,999.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,908.31 | $6,908.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,052.37 | $6,052.37 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $117,909.11 | $117,909.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,964,008 | $6,031,864 | -1.1% |
| Assessed Value | $5,964,008 | $6,031,864 | -1.1% |
| Land Value | $4,295,430 | $4,295,430 | +0.0% |
| Improvement Value | $1,668,578 | $1,736,434 | -3.9% |
| Taxable Value | $5,964,008 | $6,031,864 | -1.1% |
| Total Tax 2026 = estimate |
~$120,138
Estimated
|
~$117,909
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,964,008 | $5,964,008 | +0 (+0.0%) |
| Taxable Value | $5,964,008 | $5,964,008 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,964,008 | $4,295,430 | $1,668,578 | — | $5,964,008 | $5,964,008 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,031,864 | $4,295,430 | $1,736,434 | — | $6,031,864 | $6,031,864 | ~$117,909 | Partial |
| 2024 | $6,357,000 | — | — | −$2,061,570 | $4,295,430 | $— | $137,596 | Verified |
| 2023 | $4,240,000 | — | — | −$1,233,199 | $3,006,801 | $— | $118,796 | Verified |
| 2022 | $3,840,000 | — | — | −$833,199 | $3,006,801 | $— | $86,535 | Verified |
| 2021 | $4,453,000 | — | — | −$1,446,199 | $3,006,801 | $— | $86,345 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2025 | -15.6% | -15.6% | ~100% | Not available | Partial |
| 2024 | +6.2% | +6.2% | ~100% | 1.9200% | Verified |
| 2023 | +58.8% | +58.8% | ~100% | 1.7600% | Verified |
| 2022 | +10.4% | +10.4% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +8.1% | +8.1% | +49.9% | 2024 | -13.8% | 2022 |
| Assessment Ratio | 100.0% | 80.7% | — | 100.0% | 2025 | 67.5% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$117,909 | $109,436 | ~$139,386 | $137,596 | 2024 | $86,345 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,507,306 | ~$6,507,306 | ~1.9558% | ~$127,272 | +7.9% |
| 2027 | ~$7,020,224 | ~$7,020,224 | ~1.8973% | ~$133,194 | +16.4% |
| 2028 | ~$7,573,571 | ~$7,573,571 | ~1.8387% | ~$139,258 | +25.6% |
| 2029 | ~$8,170,533 | ~$8,170,533 | ~1.7802% | ~$145,451 | +35.5% |
| 2030 | ~$8,814,549 | ~$8,814,549 | ~1.7216% | ~$151,755 | +46.1% |
| 2026 | ~$6,386,669 | ~$6,386,669 | ~2.0144% | ~$128,652 | +5.9% |
| 2027 | ~$6,762,344 | ~$6,762,344 | ~2.0144% | ~$136,220 | +12.1% |
| 2028 | ~$7,160,118 | ~$7,160,118 | ~2.0144% | ~$144,232 | +18.7% |
| 2029 | ~$7,581,289 | ~$7,581,289 | ~2.0144% | ~$152,716 | +25.7% |
| 2030 | ~$8,027,234 | ~$8,027,234 | ~2.0144% | ~$161,699 | +33.1% |
| 2026 | ~$6,627,944 | ~$6,627,944 | ~1.9266% | ~$127,691 | +9.9% |
| 2027 | ~$7,282,929 | ~$7,282,929 | ~1.8387% | ~$133,914 | +20.7% |
| 2028 | ~$8,002,641 | ~$8,002,641 | ~1.7509% | ~$140,120 | +32.7% |
| 2029 | ~$8,793,476 | ~$8,793,476 | ~1.6631% | ~$146,244 | +45.8% |
| 2030 | ~$9,662,463 | ~$9,662,463 | ~1.5753% | ~$152,210 | +60.2% |
In 2025, this property's market value of $6,031,864 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $6,031,864 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,357,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,240,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,840,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,453,000 | $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.