919 E KOENIG LN TX 78751
| Owner | 919 EAST KOENIG LANE OWNER LLC |
|---|---|
| Parcel ID | 0225120220 |
| Short ID | 225464 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 40,596 SF |
| Land SF | 120,052 SF |
| Acres | 2.756 |
| Year Built | 1981 |
| Legal | LOT 1 METRO PARK III (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NC1 |
| Land | $3,001,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,001,300 |
| Improvement | $8,289,761 |
|---|---|
| Total Improvement | $8,289,761 |
| Market | $11,291,061 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,291,061 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,291,061 |
| Taxable Value | $11,291,061 |
|---|
Appreciation: Market value has risen +7.4% from $10,515,000 (2021) to $11,291,061 (2025), a CAGR of 1.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $231,070. 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 27% of market value ($3,001,300 land vs $8,289,761 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,291,061, 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 +1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,342,172 by 2030, with an estimated annual tax burden around $232,495. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 37,000 SF | ✗ |
| 2ND | 2nd Floor | 12,688 SF | ✓ |
| 3RD | 3rd Floor | 12,688 SF | ✓ |
| 4TH | 4th Floor | 12,688 SF | ✓ |
| 1ST | 1st Floor | 12,124 SF | ✓ |
| 5TH | 5th Floor | 4,263 SF | ✓ |
| 611 | TERRACE | 4,026 SF | ✗ |
| FBSMT | Finished Basement | 3,096 SF | ✓ |
| LOBBY | Lobby | 1,439 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 1,216 SF | ✗ |
| 505 | BALCONY | 1,059 SF | ✓ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 501 | CANOPY | 210 SF | ✗ |
| 581C | STORAGE ATT COMM | 72 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 336 | FENCE MASON 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% | $104,464.90 | $104,464.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $59,167.08 | $59,167.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $42,436.89 | $42,436.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,326.05 | $13,326.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,674.96 | $11,674.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $231,069.88 | $231,069.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,400,000 | $11,291,061 | -16.7% |
| Assessed Value | $9,400,000 | $11,291,061 | -16.7% |
| Land Value | $3,001,300 | $3,001,300 | +0.0% |
| Improvement Value | $6,398,700 | $8,289,761 | -22.8% |
| Taxable Value | $9,400,000 | $11,291,061 | -16.7% |
| Total Tax 2026 = estimate |
~$192,370
Estimated
|
~$231,070
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,592,988 | $9,400,000 | -2,192,988 (-18.9%) |
| Taxable Value | $11,592,988 | $9,400,000 | -2,192,988 (-18.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,400,000 | $3,001,300 | $6,398,700 | — | $9,400,000 | $9,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,291,061 | $3,001,300 | $8,289,761 | — | $11,291,061 | $11,291,061 | ~$231,070 | Partial |
| 2024 | $12,337,326 | — | — | −$9,336,026 | $3,001,300 | $— | $200,602 | Verified |
| 2023 | $9,580,000 | — | — | −$6,578,700 | $3,001,300 | $— | $200,336 | Verified |
| 2022 | $— | — | — | — | $3,001,300 | $— | $189,198 | Verified |
| 2021 | $10,515,000 | — | — | −$7,513,700 | $3,001,300 | $— | $185,259 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2025 | -8.9% | -8.9% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | 1.6200% | Verified |
| 2023 | +28.8% | +28.8% | ~100% | 1.6200% | Verified |
| 2022 | +9.7% | +9.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.7% | -1.3% | +5.9% | +28.8% | 2024 | -16.7% | 2026 |
| Assessment Ratio | 100.0% | 56.8% | — | 100.0% | 2025 | 24.3% | 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 |
$231,070 | $204,317 | ~$232,052 | $231,070 | 2025 | $185,259 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,493,866 | ~$11,493,866 | ~2.0139% | ~$231,479 | +1.8% |
| 2027 | ~$11,700,313 | ~$11,700,313 | ~1.9814% | ~$231,829 | +3.6% |
| 2028 | ~$11,910,469 | ~$11,910,469 | ~1.9488% | ~$232,116 | +5.5% |
| 2029 | ~$12,124,399 | ~$12,124,399 | ~1.9163% | ~$232,339 | +7.4% |
| 2030 | ~$12,342,172 | ~$12,342,172 | ~1.8837% | ~$232,495 | +9.3% |
| 2026 | ~$11,268,045 | ~$11,268,045 | ~2.0465% | ~$230,599 | -0.2% |
| 2027 | ~$11,245,075 | ~$11,245,075 | ~2.0465% | ~$230,129 | -0.4% |
| 2028 | ~$11,222,152 | ~$11,222,152 | ~2.0465% | ~$229,660 | -0.6% |
| 2029 | ~$11,199,277 | ~$11,199,277 | ~2.0465% | ~$229,192 | -0.8% |
| 2030 | ~$11,176,447 | ~$11,176,447 | ~2.0465% | ~$228,724 | -1.0% |
| 2026 | ~$11,719,687 | ~$11,719,687 | ~1.9977% | ~$234,120 | +3.8% |
| 2027 | ~$12,164,584 | ~$12,164,584 | ~1.9488% | ~$237,068 | +7.7% |
| 2028 | ~$12,626,371 | ~$12,626,371 | ~1.9000% | ~$239,903 | +11.8% |
| 2029 | ~$13,105,687 | ~$13,105,687 | ~1.8512% | ~$242,612 | +16.1% |
| 2030 | ~$13,603,199 | ~$13,603,199 | ~1.8024% | ~$245,180 | +20.5% |
In 2025, this property's market value of $11,291,061 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,291,061 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,337,326 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,580,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $10,515,000 | $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.