414 W M L KING JR BLVD TX 78705
| Owner | 1901 SAN ANTONIO SERIES |
|---|---|
| Parcel ID | 0212011713 |
| Short ID | 203844 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 65,194 SF |
| Land SF | 30,600 SF |
| Acres | 0.702 |
| Year Built | 2019 |
| Legal | LOT 36-37 OLT 22 DIV D HORSTS LOUIS SUBD |
| Neighborhood | 34CBD3 |
| Land | $6,885,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,885,000 |
| Improvement | $82,882,660 |
|---|---|
| Total Improvement | $82,882,660 |
| Market | $89,767,660 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $89,767,660 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $89,767,660 |
| Taxable Value | $89,767,660 |
|---|
Appreciation: Market value has risen +101.5% from $44,559,183 (2021) to $89,767,660 (2025), a CAGR of 19.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $1,837,082. 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 8% of market value ($6,885,000 land vs $82,882,660 improvements), about $225/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $89,767,660, 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 +19.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $215,450,874 by 2030, with an estimated annual tax burden around $2,723,359. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 99,144 SF | ✓ |
| 187 | PARKING GARAGE | 95,067 SF | ✓ |
| 1ST | 1st Floor | 26,420 SF | ✓ |
| 2ND | 2nd Floor | 22,250 SF | ✓ |
| 3RD | 3rd Floor | 16,524 SF | ✓ |
| 4TH | 4th Floor | 16,524 SF | ✓ |
| 5TH | 5th Floor | 16,524 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% | $830,530.39 | $830,530.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $470,397.80 | $470,397.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $337,387.26 | $337,387.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $105,946.49 | $105,946.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $92,819.76 | $92,819.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,837,081.70 | $1,837,081.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $89,237,758 | $89,767,660 | -0.6% |
| Assessed Value | $89,237,758 | $89,767,660 | -0.6% |
| Land Value | $6,885,000 | $6,885,000 | +0.0% |
| Improvement Value | $82,352,758 | $82,882,660 | -0.6% |
| Taxable Value | $89,237,758 | $89,767,660 | -0.6% |
| Total Tax 2026 = estimate |
~$1,826,237
Estimated
|
~$1,837,082
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $89,237,758 | $89,237,758 | +0 (+0.0%) |
| Taxable Value | $89,237,758 | $89,237,758 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $89,237,758 | $6,885,000 | $82,352,758 | — | $89,237,758 | $89,237,758 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $89,767,660 | $6,885,000 | $82,882,660 | — | $89,767,660 | $89,767,660 | ~$1,837,082 | Partial |
| 2024 | $77,110,000 | — | — | −$72,114,932 | $4,995,068 | $— | $1,746,865 | Verified |
| 2023 | $65,450,000 | — | — | −$60,455,000 | $4,995,000 | $— | $1,400,918 | Verified |
| 2022 | $64,910,000 | — | — | −$62,024,000 | $2,886,000 | $— | $1,299,851 | Verified |
| 2021 | $44,559,183 | — | — | −$41,784,183 | $2,775,000 | $— | $1,288,362 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2025 | -16.5% | -16.5% | ~100% | Not available | Partial |
| 2024 | +29.6% | +29.6% | ~100% | 1.6200% | Verified |
| 2023 | +14.0% | +14.0% | ~100% | 1.6900% | Verified |
| 2022 | +12.2% | +12.2% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | +16.0% | +19.3% | +45.7% | 2022 | -0.6% | 2026 |
| Assessment Ratio | 100.0% | 37.4% | — | 100.0% | 2025 | 4.4% | 2022 |
| 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 |
$1,837,082 | $1,514,616 | ~$2,342,243 | $1,837,082 | 2025 | $1,288,362 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$106,946,254 | ~$98,744,426 | ~2.0139% | ~$1,988,650 | +19.1% |
| 2027 | ~$127,412,268 | ~$108,618,869 | ~1.9814% | ~$2,152,161 | +41.9% |
| 2028 | ~$151,794,808 | ~$119,480,755 | ~1.9488% | ~$2,328,488 | +69.1% |
| 2029 | ~$180,843,369 | ~$131,428,831 | ~1.9163% | ~$2,518,559 | +101.5% |
| 2030 | ~$215,450,874 | ~$144,571,714 | ~1.8837% | ~$2,723,359 | +140.0% |
| 2026 | ~$105,150,900 | ~$98,744,426 | ~2.0465% | ~$2,020,790 | +17.1% |
| 2027 | ~$123,170,325 | ~$108,618,869 | ~2.0465% | ~$2,222,869 | +37.2% |
| 2028 | ~$144,277,690 | ~$119,480,755 | ~2.0465% | ~$2,445,156 | +60.7% |
| 2029 | ~$169,002,166 | ~$131,428,831 | ~2.0465% | ~$2,689,671 | +88.3% |
| 2030 | ~$197,963,609 | ~$144,571,714 | ~2.0465% | ~$2,958,638 | +120.5% |
| 2026 | ~$108,741,607 | ~$98,744,426 | ~1.9977% | ~$1,972,580 | +21.1% |
| 2027 | ~$131,726,025 | ~$108,618,869 | ~1.9488% | ~$2,116,807 | +46.7% |
| 2028 | ~$159,568,598 | ~$119,480,755 | ~1.9000% | ~$2,270,154 | +77.8% |
| 2029 | ~$193,296,180 | ~$131,428,831 | ~1.8512% | ~$2,433,003 | +115.3% |
| 2030 | ~$234,152,669 | ~$144,571,714 | ~1.8024% | ~$2,605,719 | +160.8% |
In 2025, this property's market value of $89,767,660 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 63× 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 | $89,767,660 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $77,110,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $65,450,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $64,910,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $44,559,183 | $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.