3908 W BRAKER LN TX 78759
| Owner | APPLE NINE SPE AUSTIN NW INC |
|---|---|
| Parcel ID | 0254030104 |
| Short ID | 547988 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 27,436 SF |
| Land SF | 90,430 SF |
| Acres | 2.076 |
| Year Built | 1996 |
| Legal | LOT 3 BLK B STONELAKE SEC 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NW2 |
| Land | $3,617,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,617,200 |
| Improvement | $9,882,800 |
|---|---|
| Total Improvement | $9,882,800 |
| Market | $13,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,500,000 |
| Taxable Value | $13,500,000 |
|---|
Appreciation: Market value has risen +1.7% from $13,271,000 (2021) to $13,500,000 (2025), a CAGR of 0.4% 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 $276,275. 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 ($3,617,200 land vs $9,882,800 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,500,000, 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 +0.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,791,815 by 2030, with an estimated annual tax burden around $259,802. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 61,500 SF | ✗ |
| 551 | PAVED AREA | 44,600 SF | ✗ |
| 2ND | 2nd Floor | 10,148 SF | ✓ |
| 3RD | 3rd Floor | 10,148 SF | ✓ |
| 4TH | 4th Floor | 10,148 SF | ✓ |
| 5TH | 5th Floor | 10,148 SF | ✓ |
| ADDL | Additional Floor | 10,148 SF | ✓ |
| 1ST | 1st Floor | 7,140 SF | ✓ |
| LOBBY | Lobby | 3,620 SF | ✓ |
| 611 | TERRACE | 1,772 SF | ✗ |
| 501 | CANOPY | 1,750 SF | ✗ |
| 601 | POOL COMM'L | 652 SF | ✗ |
| 482 | LIGHT POLES | 19 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% | $124,902.00 | $124,902.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $70,742.30 | $70,742.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $50,739.08 | $50,739.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,933.11 | $15,933.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,959.00 | $13,959.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $276,275.49 | $276,275.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,353,981 | $13,500,000 | -8.5% |
| Assessed Value | $12,353,981 | $13,500,000 | -8.5% |
| Land Value | $3,617,200 | $3,617,200 | +0.0% |
| Improvement Value | $8,736,781 | $9,882,800 | -11.6% |
| Taxable Value | $12,353,981 | $13,500,000 | -8.5% |
| Total Tax 2026 = estimate |
~$252,822
Estimated
|
~$276,275
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,704,946 | $12,353,981 | -350,965 (-2.8%) |
| Taxable Value | $12,704,946 | $12,353,981 | -350,965 (-2.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,353,981 | $3,617,200 | $8,736,781 | — | $12,353,981 | $12,353,981 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,500,000 | $3,617,200 | $9,882,800 | — | $13,500,000 | $13,500,000 | ~$276,275 | Partial |
| 2024 | $13,350,000 | — | — | −$9,732,800 | $3,617,200 | $— | $268,558 | Verified |
| 2023 | $11,950,000 | — | — | −$8,332,800 | $3,617,200 | $— | $242,313 | Verified |
| 2022 | $— | — | — | — | $3,617,200 | $— | $227,560 | Verified |
| 2021 | $13,271,000 | — | — | −$10,105,950 | $3,165,050 | $— | $220,557 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | -6.9% | -6.9% | ~100% | Not available | Partial |
| 2024 | +2.5% | +2.5% | ~100% | 1.8500% | Verified |
| 2023 | +18.3% | +18.3% | ~100% | 1.7100% | Verified |
| 2022 | +10.9% | +10.9% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 1.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.5% | -1.4% | +2.3% | +11.7% | 2024 | -10.0% | 2023 |
| Assessment Ratio | 100.0% | 56.2% | — | 100.0% | 2025 | 23.8% | 2021 |
| 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 |
$276,275 | $251,926 | ~$266,458 | $276,275 | 2025 | $220,557 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,557,865 | ~$13,557,865 | ~2.0139% | ~$273,047 | +0.4% |
| 2027 | ~$13,615,978 | ~$13,615,978 | ~1.9814% | ~$269,785 | +0.9% |
| 2028 | ~$13,674,339 | ~$13,674,339 | ~1.9488% | ~$266,491 | +1.3% |
| 2029 | ~$13,732,952 | ~$13,732,952 | ~1.9163% | ~$263,163 | +1.7% |
| 2030 | ~$13,791,815 | ~$13,791,815 | ~1.8837% | ~$259,802 | +2.2% |
| 2026 | ~$13,287,865 | ~$13,287,865 | ~2.0465% | ~$271,934 | -1.6% |
| 2027 | ~$13,079,063 | ~$13,079,063 | ~2.0465% | ~$267,661 | -3.1% |
| 2028 | ~$12,873,542 | ~$12,873,542 | ~2.0465% | ~$263,455 | -4.6% |
| 2029 | ~$12,671,251 | ~$12,671,251 | ~2.0465% | ~$259,315 | -6.1% |
| 2030 | ~$12,472,139 | ~$12,472,139 | ~2.0465% | ~$255,240 | -7.6% |
| 2026 | ~$13,827,865 | ~$13,827,865 | ~1.9977% | ~$276,234 | +2.4% |
| 2027 | ~$14,163,692 | ~$14,163,692 | ~1.9488% | ~$276,028 | +4.9% |
| 2028 | ~$14,507,676 | ~$14,507,676 | ~1.9000% | ~$275,648 | +7.5% |
| 2029 | ~$14,860,013 | ~$14,860,013 | ~1.8512% | ~$275,088 | +10.1% |
| 2030 | ~$15,220,908 | ~$15,220,908 | ~1.8024% | ~$274,337 | +12.7% |
In 2025, this property's market value of $13,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $13,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,350,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,950,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $13,271,000 | $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.