500 N INTERSTATE HY 35 TX 78701
| Owner | HH AUSTIN HOTEL ASSOCIATES L P |
|---|---|
| Parcel ID | 0206041520 |
| Short ID | 194673 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 16,238 SF |
| Land SF | 29,444 SF |
| Acres | 0.676 |
| Year Built | 1984 |
| Legal | LOT 4 & S 25.8' OF LT 5&6 BLOCK 062 ORIGINAL CITY LOT 3 AMENDED PLAT LOTS 2&3 & E PT OF VAC ALLEY (TOTAL SQ FT 29444) |
| Neighborhood | 34CBD1 |
| Land | $25,837,110 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $25,837,110 |
| Improvement | $11,862,890 |
|---|---|
| Total Improvement | $11,862,890 |
| Market | $37,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $37,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $37,700,000 |
| Taxable Value | $37,700,000 |
|---|
Appreciation: Market value has fallen -20.6% from $47,500,000 (2021) to $37,700,000 (2025), a CAGR of -5.6% 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 $771,525. 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 69% of market value ($25,837,110 land vs $11,862,890 improvements), about $878/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $37,700,000, 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 -5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,242,363 by 2030, with an estimated annual tax burden around $532,013. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 171,382 SF | ✗ |
| 187 | PARKING GARAGE | 166,338 SF | ✓ |
| SO | Sketch Only | 162,136 SF | ✗ |
| ADDL | Additional Floor | 149,848 SF | ✓ |
| 2ND | 2nd Floor | 7,666 SF | ✓ |
| LOBBY | Lobby | 5,296 SF | ✓ |
| FBSMT | Finished Basement | 4,876 SF | ✓ |
| 1ST | 1st Floor | 3,696 SF | ✓ |
| UBSMT | Unfinished Basement | 1,913 SF | ✓ |
| 511 | DECK | 605 SF | ✗ |
| 501 | CANOPY | 144 SF | ✗ |
| 319 | ATRIUM FV | 1 SF | ✓ |
| 449 | SPA | 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% | $348,800.40 | $348,800.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $197,554.41 | $197,554.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $141,693.57 | $141,693.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $44,494.67 | $44,494.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $38,981.80 | $38,981.80 | Paid |
| P2U | — | — | — | — | — | — | $34,410.00 | $34,410.00 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $806,434.85 | $806,434.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,974,566 | $37,700,000 | -17.8% |
| Assessed Value | $30,974,566 | $37,700,000 | -17.8% |
| Land Value | $17,666,400 | $25,837,110 | -31.6% |
| Improvement Value | $13,308,166 | $11,862,890 | +12.2% |
| Taxable Value | $30,974,566 | $37,700,000 | -17.8% |
| Total Tax 2026 = estimate |
~$633,890
Estimated
|
~$806,435
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $35,955,591 | $30,974,566 | -4,981,025 (-13.9%) |
| Taxable Value | $35,955,591 | $30,974,566 | -4,981,025 (-13.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,974,566 | $17,666,400 | $13,308,166 | — | $30,974,566 | $30,974,566 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $37,700,000 | $25,837,110 | $11,862,890 | — | $37,700,000 | $37,700,000 | ~$806,435 | Partial |
| 2024 | $45,000,000 | — | — | −$19,162,890 | $25,837,110 | $— | $923,107 | Verified |
| 2023 | $43,500,000 | — | — | −$33,194,600 | $10,305,400 | $— | $858,048 | Verified |
| 2022 | $39,850,000 | — | — | −$31,605,680 | $8,244,320 | $— | $853,186 | Verified |
| 2021 | $47,500,000 | — | — | −$42,200,080 | $5,299,920 | $— | $845,358 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2025 | -15.3% | -15.3% | ~100% | Not available | Partial |
| 2024 | -5.8% | -5.8% | ~100% | 2.0700% | Verified |
| 2023 | +8.6% | +8.6% | ~100% | 1.8200% | Verified |
| 2022 | +9.2% | +9.2% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 1.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.8% | -7.5% | -1.5% | +9.2% | 2023 | -17.8% | 2026 |
| Assessment Ratio | 100.0% | 52.2% | — | 100.0% | 2025 | 11.2% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$806,435 | $857,227 | ~$621,066 | $923,107 | 2024 | $806,435 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$35,583,879 | ~$35,583,879 | ~2.0139% | ~$716,637 | -5.6% |
| 2027 | ~$33,586,536 | ~$33,586,536 | ~1.9814% | ~$665,480 | -10.9% |
| 2028 | ~$31,701,306 | ~$31,701,306 | ~1.9488% | ~$617,808 | -15.9% |
| 2029 | ~$29,921,895 | ~$29,921,895 | ~1.9163% | ~$573,391 | -20.6% |
| 2030 | ~$28,242,363 | ~$28,242,363 | ~1.8837% | ~$532,013 | -25.1% |
| 2026 | ~$35,815,000 | ~$35,815,000 | ~2.0465% | ~$732,949 | -5.0% |
| 2027 | ~$34,024,250 | ~$34,024,250 | ~2.0465% | ~$696,301 | -9.8% |
| 2028 | ~$32,323,037 | ~$32,323,037 | ~2.0465% | ~$661,486 | -14.3% |
| 2029 | ~$30,706,886 | ~$30,706,886 | ~2.0465% | ~$628,412 | -18.5% |
| 2030 | ~$29,171,541 | ~$29,171,541 | ~2.0465% | ~$596,991 | -22.6% |
| 2026 | ~$36,337,879 | ~$36,337,879 | ~1.9977% | ~$725,908 | -3.6% |
| 2027 | ~$35,024,972 | ~$35,024,972 | ~1.9488% | ~$682,580 | -7.1% |
| 2028 | ~$33,759,501 | ~$33,759,501 | ~1.9000% | ~$641,436 | -10.5% |
| 2029 | ~$32,539,752 | ~$32,539,752 | ~1.8512% | ~$602,374 | -13.7% |
| 2030 | ~$31,364,073 | ~$31,364,073 | ~1.8024% | ~$565,297 | -16.8% |
In 2025, this property's market value of $37,700,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 27× 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 | $37,700,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $45,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $43,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $39,850,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $47,500,000 | $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.