6505 N INTERSTATE HY 35 TX 78752
| Owner | MOHR HOTEL I LLC |
|---|---|
| Parcel ID | 0228140503 |
| Short ID | 228998 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 118,424 SF |
| Land SF | 223,118 SF |
| Acres | 5.122 |
| Year Built | 1983 |
| Legal | LOT 1 LA COSTA PHS 2 SEC 1-B (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34EA3 |
| Land | $4,462,359 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,462,359 |
| Improvement | $42,537,641 |
|---|---|
| Total Improvement | $42,537,641 |
| Market | $47,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,000,000 |
| Taxable Value | $47,000,000 |
|---|
Appreciation: Market value has fallen -0.2% from $47,070,797 (2021) to $47,000,000 (2025), a CAGR of -0.0% 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 $961,848. 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 9% of market value ($4,462,359 land vs $42,537,641 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $47,000,000, 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 -0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $46,911,653 by 2030, with an estimated annual tax burden around $883,695. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 241,228 SF | ✗ |
| SO | Sketch Only | 156,686 SF | ✗ |
| 1ST | 1st Floor | 46,332 SF | ✓ |
| 551 | PAVED AREA | 44,220 SF | ✗ |
| 2ND | 2nd Floor | 36,090 SF | ✓ |
| 3RD | 3rd Floor | 36,002 SF | ✓ |
| 4TH | 4th Floor | 36,002 SF | ✓ |
| 5TH | 5th Floor | 36,002 SF | ✓ |
| ADDL | Additional Floor | 36,002 SF | ✓ |
| 501 | CANOPY | 21,219 SF | ✗ |
| LOBBY | Lobby | 14,798 SF | ✓ |
| 601 | POOL COMM'L | 450 SF | ✗ |
| 299 | ALL FLAT VALUE | 3 SF | ✓ |
| 287 | PARKING UNDER FV | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 305 | BALCONY 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% | $434,844.00 | $434,844.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $246,287.99 | $246,287.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $176,647.15 | $176,647.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55,470.81 | $55,470.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,598.00 | $48,598.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $961,847.95 | $961,847.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $48,950,429 | $47,000,000 | +4.1% |
| Assessed Value | $48,950,429 | $47,000,000 | +4.1% |
| Land Value | $4,462,359 | $4,462,359 | +0.0% |
| Improvement Value | $44,488,070 | $42,537,641 | +4.6% |
| Taxable Value | $48,950,429 | $47,000,000 | +4.1% |
| Total Tax 2026 = estimate |
~$1,001,763
Estimated
|
~$961,848
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $51,829,866 | $48,950,429 | -2,879,437 (-5.6%) |
| Taxable Value | $51,829,866 | $48,950,429 | -2,879,437 (-5.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $48,950,429 | $4,462,359 | $44,488,070 | — | $48,950,429 | $48,950,429 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $47,000,000 | $4,462,359 | $42,537,641 | — | $47,000,000 | $47,000,000 | ~$961,848 | Partial |
| 2024 | $54,341,000 | — | — | −$49,878,641 | $4,462,359 | $— | $1,088,016 | Verified |
| 2023 | $46,380,000 | — | — | −$41,917,641 | $4,462,359 | $— | $983,163 | Verified |
| 2022 | $38,980,000 | — | — | −$34,517,641 | $4,462,359 | $— | $915,969 | Verified |
| 2021 | $47,070,797 | — | — | −$42,608,438 | $4,462,359 | $— | $848,983 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.3% | +10.3% | ~100% | Not available | Partial |
| 2025 | -15.0% | -15.0% | ~100% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | 1.9700% | Verified |
| 2023 | +17.2% | +17.2% | ~100% | 1.8100% | Verified |
| 2022 | +17.5% | +17.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.1% | +1.9% | -0.8% | +19.0% | 2023 | -17.2% | 2022 |
| Assessment Ratio | 100.0% | 39.8% | — | 100.0% | 2025 | 8.2% | 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 |
$961,848 | $959,596 | ~$914,933 | $1,088,016 | 2024 | $848,983 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$46,982,317 | ~$46,982,317 | ~2.0139% | ~$946,194 | -0.0% |
| 2027 | ~$46,964,641 | ~$46,964,641 | ~1.9814% | ~$930,552 | -0.1% |
| 2028 | ~$46,946,972 | ~$46,946,972 | ~1.9488% | ~$914,921 | -0.1% |
| 2029 | ~$46,929,309 | ~$46,929,309 | ~1.9163% | ~$899,302 | -0.2% |
| 2030 | ~$46,911,653 | ~$46,911,653 | ~1.8837% | ~$883,695 | -0.2% |
| 2026 | ~$46,042,317 | ~$46,042,317 | ~2.0465% | ~$942,249 | -2.0% |
| 2027 | ~$45,104,149 | ~$45,104,149 | ~2.0465% | ~$923,050 | -4.0% |
| 2028 | ~$44,185,096 | ~$44,185,096 | ~2.0465% | ~$904,241 | -6.0% |
| 2029 | ~$43,284,771 | ~$43,284,771 | ~2.0465% | ~$885,816 | -7.9% |
| 2030 | ~$42,402,791 | ~$42,402,791 | ~2.0465% | ~$867,767 | -9.8% |
| 2026 | ~$47,922,317 | ~$47,922,317 | ~1.9977% | ~$957,326 | +2.0% |
| 2027 | ~$48,862,734 | ~$48,862,734 | ~1.9488% | ~$952,256 | +4.0% |
| 2028 | ~$49,821,605 | ~$49,821,605 | ~1.9000% | ~$946,619 | +6.0% |
| 2029 | ~$50,799,293 | ~$50,799,293 | ~1.8512% | ~$940,393 | +8.1% |
| 2030 | ~$51,796,167 | ~$51,796,167 | ~1.8024% | ~$933,559 | +10.2% |
In 2025, this property's market value of $47,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 33× 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 | $47,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $54,341,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $46,380,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $38,980,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $47,070,797 | $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.