2200 KRAMER LN TX 78758
| Owner | CHATHAM AUSTIN TPS LLC |
|---|---|
| Parcel ID | 0250110502 |
| Short ID | 256607 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 69,732 SF |
| Land SF | 96,616 SF |
| Acres | 2.218 |
| Year Built | 2020 |
| Legal | 2.218AC OF LOT 2 BLK B KRAMER LANE 65 SEC 1 RESUB OF LOT 10 THE |
| Neighborhood | 1NO1 |
| Land | $7,246,206 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,246,206 |
| Improvement | $19,570,952 |
|---|---|
| Total Improvement | $19,570,952 |
| Market | $26,817,158 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,817,158 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,817,158 |
| Taxable Value | $26,817,158 |
|---|
Appreciation: Market value has risen +13496.8% from $197,232 (2021) to $26,817,158 (2025), a CAGR of 241.5% 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 $548,809. 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 ($7,246,206 land vs $19,570,952 improvements), about $75/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,817,158, 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 +241.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,451,078,348 by 2030, with an estimated annual tax burden around $813,575. 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 | 69,732 SF | ✓ |
Market value changed by 7455% 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% | $248,112.35 | $248,112.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $140,526.47 | $140,526.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $100,790.95 | $100,790.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,650.41 | $31,650.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,728.94 | $27,728.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $548,809.12 | $548,809.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $22,259,349 | $26,817,158 | -17.0% |
| Assessed Value | $22,259,349 | $26,817,158 | -17.0% |
| Land Value | $7,246,206 | $7,246,206 | +0.0% |
| Improvement Value | $15,013,143 | $19,570,952 | -23.3% |
| Taxable Value | $22,259,349 | $26,817,158 | -17.0% |
| Total Tax 2026 = estimate |
~$455,534
Estimated
|
~$548,809
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $28,123,239 | $22,259,349 | -5,863,890 (-20.9%) |
| Taxable Value | $28,123,239 | $22,259,349 | -5,863,890 (-20.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $22,259,349 | $7,246,206 | $15,013,143 | — | $22,259,349 | $22,259,349 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,817,158 | $7,246,206 | $19,570,952 | — | $26,817,158 | $26,817,158 | ~$548,809 | Partial |
| 2024 | $18,000,000 | — | — | −$10,753,794 | $7,246,206 | $— | $634,180 | Verified |
| 2023 | $14,570,000 | — | — | −$7,323,794 | $7,246,206 | $— | $325,664 | Verified |
| 2022 | $197,232 | — | — | — | $2,898,482 ! | $— | $288,072 | Verified |
| 2021 | $197,232 | — | — | −$4,000 | $193,232 | $— | $4,293 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | -16.2% | -16.2% | ~100% | Not available | Partial |
| 2024 | +46.1% | +46.1% | ~100% | 1.9800% | Verified |
| 2023 | +47.0% | +47.0% | ~100% | 1.4900% | Verified |
| 2022 | +7454.6% ! | +7454.6% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13496.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.0% | +1468.5% | +255.5% | +7287.2% | 2023 | -17.0% | 2026 |
| Assessment Ratio | 100.0% | 309.6% | — | 1469.6% | 2022 | 40.3% | 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 |
$548,809 | $360,204 | ~$699,721 | $634,180 | 2024 | $4,293 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$91,573,875 | ~$29,498,874 | ~2.0139% | ~$594,089 | +241.5% |
| 2027 | ~$312,701,840 | ~$32,448,761 | ~1.9814% | ~$642,936 | +1066.1% |
| 2028 | ~$1,067,798,435 | ~$35,693,637 | ~1.9488% | ~$695,612 | +3881.8% |
| 2029 | ~$3,646,264,111 | ~$39,263,001 | ~1.9163% | ~$752,393 | +13496.8% |
| 2030 | ~$12,451,078,348 | ~$43,189,301 | ~1.8837% | ~$813,575 | +46329.5% |
| 2026 | ~$91,037,532 | ~$29,498,874 | ~2.0465% | ~$603,690 | +239.5% |
| 2027 | ~$309,049,612 | ~$32,448,761 | ~2.0465% | ~$664,059 | +1052.4% |
| 2028 | ~$1,049,145,998 | ~$35,693,637 | ~2.0465% | ~$730,465 | +3812.2% |
| 2029 | ~$3,561,587,795 | ~$39,263,001 | ~2.0465% | ~$803,511 | +13181.0% |
| 2030 | ~$12,090,698,188 | ~$43,189,301 | ~2.0465% | ~$883,863 | +44985.7% |
| 2026 | ~$92,110,219 | ~$29,498,874 | ~1.9977% | ~$589,288 | +243.5% |
| 2027 | ~$316,375,522 | ~$32,448,761 | ~1.9488% | ~$632,374 | +1079.8% |
| 2028 | ~$1,086,670,648 | ~$35,693,637 | ~1.9000% | ~$678,185 | +3952.1% |
| 2029 | ~$3,732,441,405 | ~$39,263,001 | ~1.8512% | ~$726,834 | +13818.1% |
| 2030 | ~$12,820,001,042 | ~$43,189,301 | ~1.8024% | ~$778,432 | +47705.2% |
In 2025, this property's market value of $26,817,158 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $26,817,158 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $18,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,570,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $197,232 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $197,232 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.