111 E CESAR CHAVEZ ST TX 78701
| Owner | DOWNTOWN AUSTIN LAKESIDE HOTEL LLC |
|---|---|
| Parcel ID | 0205020301 |
| Short ID | 192810 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 28,368 SF |
| Land SF | 78,200 SF |
| Acres | 1.795 |
| Year Built | 1964 |
| Legal | LOT 1-9 BLOCK 180 ORIGINAL CITY (TOTAL SQ FT 78200) |
| Neighborhood | 34CBD1 |
| Land | $71,162,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $71,162,000 |
| Improvement | $88,838,000 |
|---|---|
| Total Improvement | $88,838,000 |
| Market | $160,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $160,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $160,000,000 |
| Taxable Value | $160,000,000 |
|---|
Appreciation: Market value has risen +39.5% from $114,700,000 (2021) to $160,000,000 (2025), a CAGR of 8.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $3,274,376. Austin ISD is the largest single contributor, at 43.3% 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 44% of market value ($71,162,000 land vs $88,838,000 improvements), about $910/SF of land. Most value sits in the improvements, so building condition, age (~62 yrs), and rent roll drive the underwriting.
Submarket Position: At $160,000,000, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $242,558,048 by 2030, with an estimated annual tax burden around $4,569,169. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 344,490 SF | ✗ |
| 491 | SPRINKLER HEADS | 250,514 SF | ✗ |
| ADDL | Additional Floor | 221,954 SF | ✓ |
| 187 | PARKING GARAGE | 162,868 SF | ✓ |
| 1ST | 1st Floor | 20,216 SF | ✓ |
| 551 | PAVED AREA | 9,819 SF | ✗ |
| 501 | CANOPY | 9,204 SF | ✗ |
| FBSMT | Finished Basement | 8,152 SF | ✓ |
| 601 | POOL COMM'L | 2,117 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,581 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 1,508 SF | ✗ |
| 611 | TERRACE | 1,095 SF | ✗ |
| 335 | PENTHOUSE | 1,092 SF | ✓ |
| LOBBY | Lobby | 192 SF | ✓ |
| 021 | PORCH CLOS 1ST F | 140 SF | ✓ |
| 303 | STAIRWAYS FV | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,383,174.00 | $1,383,174.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $783,405.42 | $783,405.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $561,888.28 | $561,888.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $176,444.39 | $176,444.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $154,583.00 | $154,583.00 | Paid |
| P2U | — | — | — | — | — | — | $137,825.00 | $137,825.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,197,320.09 | $3,197,320.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $149,500,000 | $160,000,000 | -6.6% |
| Assessed Value | $149,500,000 | $160,000,000 | -6.6% |
| Land Value | $93,840,000 | $71,162,000 | +31.9% |
| Improvement Value | $55,660,000 | $88,838,000 | -37.3% |
| Taxable Value | $149,500,000 | $160,000,000 | -6.6% |
| Total Tax 2026 = estimate |
~$3,059,495
Estimated
|
~$3,197,320
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $168,931,707 | $149,500,000 | -19,431,707 (-11.5%) |
| Taxable Value | $168,931,707 | $149,500,000 | -19,431,707 (-11.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $149,500,000 | $93,840,000 | $55,660,000 | — | $149,500,000 | $149,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $160,000,000 | $71,162,000 | $88,838,000 | — | $160,000,000 | $160,000,000 | ~$3,197,320 | Partial |
| 2024 | $125,000,000 | — | — | −$53,838,000 | $71,162,000 | $— | $2,784,502 | Verified |
| 2023 | $100,300,000 | — | — | −$25,579,900 | $74,720,100 | $— | $2,391,511 | Verified |
| 2022 | $— | — | — | — | $53,371,500 | $— | $2,080,648 | Verified |
| 2021 | $114,700,000 | — | — | −$61,328,500 | $53,371,500 | $— | $2,030,984 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.6% | +5.6% | ~100% | Not available | Partial |
| 2025 | +14.8% | +14.8% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 2.0000% | Verified |
| 2023 | +39.6% | +39.6% | ~100% | 1.7100% | Verified |
| 2022 | +6.7% | +6.7% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +70.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.6% | +8.4% | +10.2% | +28.0% | 2025 | -12.6% | 2023 |
| Assessment Ratio | 100.0% | 75.6% | — | 100.0% | 2025 | 46.5% | 2021 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,197,320 | $2,601,080 | ~$4,018,935 | $3,197,320 | 2025 | $2,030,984 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$173,883,801 | ~$173,883,801 | ~2.0139% | ~$3,501,909 | +8.7% |
| 2027 | ~$188,972,351 | ~$188,972,351 | ~1.9814% | ~$3,744,275 | +18.1% |
| 2028 | ~$205,370,191 | ~$205,370,191 | ~1.9488% | ~$4,002,335 | +28.4% |
| 2029 | ~$223,190,933 | ~$223,190,933 | ~1.9163% | ~$4,276,988 | +39.5% |
| 2030 | ~$242,558,048 | ~$242,558,048 | ~1.8837% | ~$4,569,169 | +51.6% |
| 2026 | ~$170,683,801 | ~$170,683,801 | ~2.0465% | ~$3,493,018 | +6.7% |
| 2027 | ~$182,080,998 | ~$182,080,998 | ~2.0465% | ~$3,726,260 | +13.8% |
| 2028 | ~$194,239,230 | ~$194,239,230 | ~2.0465% | ~$3,975,077 | +21.4% |
| 2029 | ~$207,209,313 | ~$207,209,313 | ~2.0465% | ~$4,240,508 | +29.5% |
| 2030 | ~$221,045,456 | ~$221,045,456 | ~2.0465% | ~$4,523,662 | +38.2% |
| 2026 | ~$177,083,801 | ~$176,000,000 | ~1.9977% | ~$3,515,886 | +10.7% |
| 2027 | ~$195,991,703 | ~$193,600,000 | ~1.9488% | ~$3,772,953 | +22.5% |
| 2028 | ~$216,918,472 | ~$212,960,000 | ~1.9000% | ~$4,046,276 | +35.6% |
| 2029 | ~$240,079,672 | ~$234,256,000 | ~1.8512% | ~$4,336,533 | +50.0% |
| 2030 | ~$265,713,879 | ~$257,681,600 | ~1.8024% | ~$4,644,379 | +66.1% |
In 2025, this property's market value of $160,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 113× 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 | $160,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $125,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $100,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $114,700,000 | $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.