98 SAN JACINTO BLVD TX 78701
| Owner | SHR FS AUSTIN LLC |
|---|---|
| Parcel ID | 0205020813 |
| Short ID | 192836 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 93,083 SF |
| Land SF | 95,179 SF |
| Acres | 2.185 |
| Year Built | 1985 |
| Legal | 2.1850A OF LOT 2 SAN JACINTO CENTER (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34CBD1 |
| Land | $61,866,090 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $61,866,090 |
| Improvement | $104,454,751 |
|---|---|
| Total Improvement | $104,454,751 |
| Market | $166,320,841 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $166,320,841 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $166,320,841 |
| Taxable Value | $166,320,841 |
|---|
Appreciation: Market value has fallen -0.4% from $167,000,000 (2021) to $166,320,841 (2025), a CAGR of -0.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 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 $3,403,731. 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 37% of market value ($61,866,090 land vs $104,454,751 improvements), about $650/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $166,320,841, 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 -0.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $165,475,775 by 2030, with an estimated annual tax burden around $3,117,138. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 237,066 SF | ✗ |
| SO | Sketch Only | 123,666 SF | ✗ |
| ADDL | Additional Floor | 98,825 SF | ✓ |
| 1ST | 1st Floor | 39,473 SF | ✓ |
| 2ND | 2nd Floor | 33,845 SF | ✓ |
| 551 | PAVED AREA | 32,235 SF | ✗ |
| 3RD | 3rd Floor | 19,765 SF | ✓ |
| 4TH | 4th Floor | 19,765 SF | ✓ |
| 5TH | 5th Floor | 19,765 SF | ✓ |
| 611 | TERRACE | 17,211 SF | ✗ |
| LOBBY | Lobby | 5,628 SF | ✓ |
| 501 | CANOPY | 2,945 SF | ✗ |
| 407 | LOADING DOCK | 1,885 SF | ✓ |
| 601 | POOL COMM'L | 1,125 SF | ✗ |
| 305 | BALCONY FV | 1 SF | ✓ |
| 349 | SPA FV | 1 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% | $1,475,694.00 | $1,475,694.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $835,807.12 | $835,807.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $599,472.78 | $599,472.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $188,246.69 | $188,246.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $164,923.00 | $164,923.00 | Paid |
| P2U | — | — | — | — | — | — | $147,075.00 | $147,075.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,411,218.59 | $3,411,218.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $162,336,000 | $166,320,841 | -2.4% |
| Assessed Value | $162,336,000 | $166,320,841 | -2.4% |
| Land Value | $76,142,880 | $61,866,090 | +23.1% |
| Improvement Value | $86,193,120 | $104,454,751 | -17.5% |
| Taxable Value | $162,336,000 | $166,320,841 | -2.4% |
| Total Tax 2026 = estimate |
~$3,322,182
Estimated
|
~$3,411,219
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $178,746,533 | $162,336,000 | -16,410,533 (-9.2%) |
| Taxable Value | $178,746,533 | $162,336,000 | -16,410,533 (-9.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $162,336,000 | $76,142,880 | $86,193,120 | — | $162,336,000 | $162,336,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $166,320,841 | $61,866,090 | $104,454,751 | — | $166,320,841 | $166,320,841 | ~$3,411,219 | Partial |
| 2024 | $170,000,000 | — | — | −$108,133,910 | $61,866,090 | $— | $3,549,875 | Verified |
| 2023 | $154,370,000 | — | — | −$89,410,605 | $64,959,395 | $— | $3,242,588 | Verified |
| 2022 | $128,170,000 | — | — | −$63,210,605 | $64,959,395 | $— | $3,202,559 | Verified |
| 2021 | $167,000,000 | — | — | −$102,040,604 | $64,959,396 | $— | $2,761,796 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2025 | -14.1% | -14.1% | ~100% | Not available | Partial |
| 2024 | +7.5% | +7.5% | ~100% | 1.8300% | Verified |
| 2023 | +16.7% | +16.7% | ~100% | 1.8000% | Verified |
| 2022 | +20.4% | +20.4% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 1.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +0.5% | +0.4% | +20.4% | 2023 | -23.3% | 2022 |
| Assessment Ratio | 100.0% | 61.4% | — | 100.0% | 2025 | 36.4% | 2024 |
| 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 |
$3,411,219 | $3,233,607 | ~$3,231,548 | $3,549,875 | 2024 | $2,761,796 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$166,151,483 | ~$166,151,483 | ~2.0139% | ~$3,346,185 | -0.1% |
| 2027 | ~$165,982,298 | ~$165,982,298 | ~1.9814% | ~$3,288,753 | -0.2% |
| 2028 | ~$165,813,285 | ~$165,813,285 | ~1.9488% | ~$3,231,435 | -0.3% |
| 2029 | ~$165,644,444 | ~$165,644,444 | ~1.9163% | ~$3,174,230 | -0.4% |
| 2030 | ~$165,475,775 | ~$165,475,775 | ~1.8837% | ~$3,117,138 | -0.5% |
| 2026 | ~$162,825,066 | ~$162,825,066 | ~2.0465% | ~$3,332,191 | -2.1% |
| 2027 | ~$159,402,767 | ~$159,402,767 | ~2.0465% | ~$3,262,154 | -4.2% |
| 2028 | ~$156,052,398 | ~$156,052,398 | ~2.0465% | ~$3,193,589 | -6.2% |
| 2029 | ~$152,772,449 | ~$152,772,449 | ~2.0465% | ~$3,126,465 | -8.1% |
| 2030 | ~$149,561,438 | ~$149,561,438 | ~2.0465% | ~$3,060,752 | -10.1% |
| 2026 | ~$169,477,900 | ~$169,477,900 | ~1.9977% | ~$3,385,596 | +1.9% |
| 2027 | ~$172,694,886 | ~$172,694,886 | ~1.9488% | ~$3,365,546 | +3.8% |
| 2028 | ~$175,972,935 | ~$175,972,935 | ~1.9000% | ~$3,343,515 | +5.8% |
| 2029 | ~$179,313,208 | ~$179,313,208 | ~1.8512% | ~$3,319,435 | +7.8% |
| 2030 | ~$182,716,885 | ~$182,716,885 | ~1.8024% | ~$3,293,237 | +9.9% |
In 2025, this property's market value of $166,320,841 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 117× 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 | $166,320,841 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $170,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $154,370,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $128,170,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $167,000,000 | $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.