78 N INTERSTATE HY 35 TX 78701
| Owner | MOODY RAINEY DWTN AUSTIN DST |
|---|---|
| Parcel ID | 0203031040 |
| Short ID | 190918 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 125,525 SF |
| Land SF | 22,509 SF |
| Acres | 0.517 |
| Year Built | 2018 |
| Legal | LOT 8-9 & N 15FT OF LOT 7 BLK 1 OLT 72-73 DIV E DRISKILL & RAINEY SUBD & 50 X 128 FT BLK 2 OLT 72-73 DIVISION E |
| Neighborhood | 35CBD1 |
| Land | $14,630,850 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,630,850 |
| Improvement | $14,869,150 |
|---|---|
| Total Improvement | $14,869,150 |
| Market | $29,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,500,000 |
| Taxable Value | $29,500,000 |
|---|
Appreciation: Market value has risen +23.2% from $23,949,539 (2021) to $29,500,000 (2025), a CAGR of 5.3% over 4 years. This represents moderate, steady growth. 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 +24.1%, so this parcel has lagged 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 $603,713. 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 50% of market value ($14,630,850 land vs $14,869,150 improvements), about $650/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $29,500,000, 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 +5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $38,280,543 by 2030, with an estimated annual tax burden around $721,107. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 125,525 SF | ✓ |
| 187 | PARKING GARAGE | 75,100 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +13,693 |
| Travis County | 0.3444% | 0.3758% | +9,263 |
| Austin ISD | 0.9505% | 0.9252% | -7,464 |
| Travis Central Health | 0.1080% | 0.1180% | +2,966 |
| Austin Community College | 0.1013% | 0.1034% | +620 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $272,934.00 | $214,646.61 | $58,287.39 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $154,585.02 | $121,572.07 | $33,012.95 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $110,874.28 | $87,196.13 | $23,678.15 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $34,816.79 | $27,381.37 | $7,435.42 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $30,503.00 | $23,988.82 | $6,514.18 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $603,713.09 | $474,785.00 | $128,928.09 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $31,750,900 | $29,500,000 | +7.6% |
| Assessed Value | $31,750,900 | $29,500,000 | +7.6% |
| Land Value | $16,881,750 | $14,630,850 | +15.4% |
| Improvement Value | $14,869,150 | $14,869,150 | +0.0% |
| Taxable Value | $31,750,900 | $29,500,000 | +7.6% |
| Total Tax 2026 = estimate |
~$649,777
Estimated
|
$603,713 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $31,750,900 | $31,750,900 | +0 (+0.0%) |
| Taxable Value | $31,750,900 | $31,750,900 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $31,750,900 | $16,881,750 | $14,869,150 | — | $31,750,900 | $31,750,900 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,500,000 | $14,630,850 | $14,869,150 | — | $29,500,000 | $29,500,000 | $603,713 | Verified |
| 2024 | $25,897,640 | — | — | −$11,266,790 | $14,630,850 | $— | $513,243 | Verified |
| 2023 | $22,500,000 | — | — | −$7,869,150 | $14,630,850 | $— | $468,552 | Verified |
| 2022 | $18,500,000 | — | — | −$4,994,096 | $13,505,904 | $— | $444,358 | Verified |
| 2021 | $23,949,539 | — | — | −$17,871,882 | $6,077,657 | $— | $404,069 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.6% | +7.6% | ~100% | Not available | Partial |
| 2025 | +13.9% | +13.9% | ~100% | 2.0500% | Verified |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +15.1% | +15.1% | ~100% | 1.8100% | Verified |
| 2022 | +13.5% | +13.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.6% | +7.1% | +3.9% | +21.6% | 2023 | -22.8% | 2022 |
| Assessment Ratio | 100.0% | 70.0% | — | 100.0% | 2025 | 25.4% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $603,713 | $486,787 | ~$672,844 | $603,713 | 2025 | $404,069 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,078,012 | ~$31,078,012 | ~2.0139% | ~$625,891 | +5.3% |
| 2027 | ~$32,740,435 | ~$32,740,435 | ~1.9814% | ~$648,715 | +11.0% |
| 2028 | ~$34,491,784 | ~$34,491,784 | ~1.9488% | ~$672,190 | +16.9% |
| 2029 | ~$36,336,816 | ~$36,336,816 | ~1.9163% | ~$696,319 | +23.2% |
| 2030 | ~$38,280,543 | ~$38,280,543 | ~1.8837% | ~$721,107 | +29.8% |
| 2026 | ~$30,488,012 | ~$30,488,012 | ~2.0465% | ~$623,933 | +3.3% |
| 2027 | ~$31,509,114 | ~$31,509,114 | ~2.0465% | ~$644,829 | +6.8% |
| 2028 | ~$32,564,416 | ~$32,564,416 | ~2.0465% | ~$666,426 | +10.4% |
| 2029 | ~$33,655,061 | ~$33,655,061 | ~2.0465% | ~$688,746 | +14.1% |
| 2030 | ~$34,782,234 | ~$34,782,234 | ~2.0465% | ~$711,813 | +17.9% |
| 2026 | ~$31,668,012 | ~$31,668,012 | ~1.9977% | ~$632,620 | +7.3% |
| 2027 | ~$33,995,355 | ~$33,995,355 | ~1.9488% | ~$662,515 | +15.2% |
| 2028 | ~$36,493,740 | ~$36,493,740 | ~1.9000% | ~$693,387 | +23.7% |
| 2029 | ~$39,175,735 | ~$39,175,735 | ~1.8512% | ~$725,219 | +32.8% |
| 2030 | ~$42,054,836 | ~$42,054,836 | ~1.8024% | ~$757,984 | +42.6% |
In 2025, this property's market value of $29,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $29,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $25,897,640 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $22,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $18,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $23,949,539 | $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.