1825 MC BEE ST TX 78723
| Owner | AUSTIN HOTEL GROUP LLC |
|---|---|
| Parcel ID | 0217131503 |
| Short ID | 937594 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 69,688 SF |
| Land SF | 16,359 SF |
| Acres | 0.376 |
| Year Built | 2021 |
| Legal | UNT HOTEL MUELLER TC-7B MASTER CONDOMINIUMS PLUS 93.12 % INT IN COM AREA |
| Neighborhood | 35EA2 |
| Land | $736,169 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $736,169 |
| Improvement | $18,263,831 |
|---|---|
| Total Improvement | $18,263,831 |
| Market | $19,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,000,000 |
| Taxable Value | $19,000,000 |
|---|
Appreciation: Market value has risen +477.1% from $3,292,046 (2022) to $19,000,000 (2025), a CAGR of 79.4% over 3 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 +16.6%, 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 $388,832. 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 4% of market value ($736,169 land vs $18,263,831 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $19,000,000, 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 +79.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $352,830,763 by 2030, with an estimated annual tax burden around $576,419. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 69,688 SF | ✓ |
Market value changed by 194% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $175,788.00 | $175,788.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $99,563.23 | $99,563.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $71,410.55 | $71,410.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,424.37 | $22,424.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,646.00 | $19,646.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $388,832.15 | $388,832.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,567,911 | $19,000,000 | +13.5% |
| Assessed Value | $21,567,911 | $19,000,000 | +13.5% |
| Land Value | $736,169 | $736,169 | +0.0% |
| Improvement Value | $20,831,742 | $18,263,831 | +14.1% |
| Taxable Value | $21,567,911 | $19,000,000 | +13.5% |
| Total Tax 2026 = estimate |
~$441,384
Estimated
|
~$388,832
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,244,290 | $21,567,911 | -1,676,379 (-7.2%) |
| Taxable Value | $23,244,290 | $21,567,911 | -1,676,379 (-7.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,567,911 | $736,169 | $20,831,742 | — | $21,567,911 | $21,567,911 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $19,000,000 | $736,169 | $18,263,831 | — | $19,000,000 | $19,000,000 | ~$388,832 | Partial |
| 2024 | $12,919,862 | — | — | −$12,183,693 | $736,169 | $— | $346,817 | Verified |
| 2023 | $9,681,739 | — | — | −$8,945,570 | $736,169 | $— | $233,752 | Verified |
| 2022 | $3,292,046 | — | — | −$2,555,877 | $736,169 | $— | $191,207 | Verified |
| 2021 | $— | — | — | — | $736,169 | $— | $71,657 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.3% | +22.3% | ~100% | Not available | Partial |
| 2025 | +8.6% | +8.6% | ~100% | Not available | Partial |
| 2024 | +35.5% | +35.5% | ~100% | 1.9800% | Verified |
| 2023 | +33.4% | +33.4% | ~100% | 1.8100% | Verified |
| 2022 | +194.1% ! | +194.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +477.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.5% | +72.0% | +75.1% | +194.1% | 2023 | +13.5% | 2026 |
| Assessment Ratio | 100.0% | 47.1% | — | 100.0% | 2025 | 5.7% | 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 |
$388,832 | $290,152 | ~$495,753 | $388,832 | 2025 | $191,207 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$34,081,301 | ~$20,900,000 | ~2.0139% | ~$420,913 | +79.4% |
| 2027 | ~$61,133,426 | ~$22,990,000 | ~1.9814% | ~$455,521 | +221.8% |
| 2028 | ~$109,658,249 | ~$25,289,000 | ~1.9488% | ~$492,842 | +477.1% |
| 2029 | ~$196,699,781 | ~$27,817,900 | ~1.9163% | ~$533,072 | +935.3% |
| 2030 | ~$352,830,763 | ~$30,599,690 | ~1.8837% | ~$576,419 | +1757.0% |
| 2026 | ~$33,701,301 | ~$20,900,000 | ~2.0465% | ~$427,715 | +77.4% |
| 2027 | ~$59,777,774 | ~$22,990,000 | ~2.0465% | ~$470,487 | +214.6% |
| 2028 | ~$106,030,989 | ~$25,289,000 | ~2.0465% | ~$517,536 | +458.1% |
| 2029 | ~$188,072,753 | ~$27,817,900 | ~2.0465% | ~$569,289 | +889.9% |
| 2030 | ~$333,594,555 | ~$30,599,690 | ~2.0465% | ~$626,218 | +1655.8% |
| 2026 | ~$34,461,301 | ~$20,900,000 | ~1.9977% | ~$417,511 | +81.4% |
| 2027 | ~$62,504,279 | ~$22,990,000 | ~1.9488% | ~$448,038 | +229.0% |
| 2028 | ~$113,367,304 | ~$25,289,000 | ~1.9000% | ~$480,495 | +496.7% |
| 2029 | ~$205,620,254 | ~$27,817,900 | ~1.8512% | ~$514,963 | +982.2% |
| 2030 | ~$372,944,292 | ~$30,599,690 | ~1.8024% | ~$551,520 | +1862.9% |
In 2025, this property's market value of $19,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 13× 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 | $19,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,919,862 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,681,739 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,292,046 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.