12401 N LAMAR BLVD TX 78753
| Owner | AUSTIN R PARMER PROPCO LP |
|---|---|
| Parcel ID | 0258201004 |
| Short ID | 503607 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 47,728 SF |
| Land SF | 135,297 SF |
| Acres | 3.106 |
| Year Built | 1999 |
| Legal | LOT 7-A BLK A PARK CENTRAL SEC 2 RESUB OF LOT 2 BLK A & LOT 7 BLK A PARK CENTRAL SEC 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NO2 |
| Land | $2,029,455 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,029,455 |
| Improvement | $6,970,545 |
|---|---|
| Total Improvement | $6,970,545 |
| Market | $9,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,000,000 |
| Taxable Value | $9,000,000 |
|---|
Appreciation: Market value has fallen -10.9% from $10,100,000 (2021) to $9,000,000 (2025), a CAGR of -2.8% 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 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $200,537. Pflugerville ISD is the largest single contributor, at 49.7% 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 23% of market value ($2,029,455 land vs $6,970,545 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,000,000, 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 -2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,791,910 by 2030, with an estimated annual tax burden around $146,854. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 63,184 SF | ✗ |
| 551 | PAVED AREA | 40,280 SF | ✗ |
| 1ST | 1st Floor | 16,816 SF | ✓ |
| 2ND | 2nd Floor | 15,456 SF | ✓ |
| 3RD | 3rd Floor | 15,456 SF | ✓ |
| 4TH | 4th Floor | 15,456 SF | ✓ |
| 450 | SPORT COURT | 1,100 SF | ✗ |
| 601 | POOL COMM'L | 611 SF | ✗ |
| SO | Sketch Only | 334 SF | ✗ |
| 571C | STORAGE DET COMM | 160 SF | ✓ |
| 437 | FENCE MASON LF | 138 SF | ✗ |
| 435 | FENCE IRON LF | 100 SF | ✗ |
| 449 | SPA | 1 SF | ✗ |
| 299 | ALL FLAT VALUE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $99,621.00 | $99,621.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,161.53 | $47,161.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,826.05 | $33,826.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,622.07 | $10,622.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,306.00 | $9,306.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $200,536.65 | $200,536.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,179,287 | $9,000,000 | +2.0% |
| Assessed Value | $9,179,287 | $9,000,000 | +2.0% |
| Land Value | $2,029,455 | $2,029,455 | +0.0% |
| Improvement Value | $7,149,832 | $6,970,545 | +2.6% |
| Taxable Value | $9,179,287 | $9,000,000 | +2.0% |
| Total Tax 2026 = estimate |
~$204,532
Estimated
|
~$200,537
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,227,048 | $9,179,287 | -47,761 (-0.5%) |
| Taxable Value | $9,227,048 | $9,179,287 | -47,761 (-0.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,179,287 | $2,029,455 | $7,149,832 | — | $9,179,287 | $9,179,287 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,000,000 | $2,029,455 | $6,970,545 | — | $9,000,000 | $9,000,000 | ~$200,537 | Partial |
| 2024 | $10,140,000 | — | — | −$8,110,545 | $2,029,455 | $— | $237,342 | Verified |
| 2023 | $9,330,000 | — | — | −$7,300,545 | $2,029,455 | $— | $208,777 | Verified |
| 2022 | $8,540,000 | — | — | −$6,510,545 | $2,029,455 | $— | $209,265 | Verified |
| 2021 | $10,100,000 | — | — | −$8,070,545 | $2,029,455 | $— | $213,754 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2025 | -18.9% | -18.9% | ~100% | Not available | Partial |
| 2024 | +9.5% | +9.5% | ~100% | 2.1400% | Verified |
| 2023 | +8.7% | +8.7% | ~100% | 2.0600% | Verified |
| 2022 | +9.3% | +9.3% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | -1.3% | -3.2% | +9.3% | 2023 | -15.4% | 2022 |
| Assessment Ratio | 100.0% | 47.6% | — | 100.0% | 2025 | 20.0% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$200,537 | $213,935 | ~$167,377 | $237,342 | 2024 | $200,537 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,744,255 | ~$8,744,255 | ~2.1595% | ~$188,831 | -2.8% |
| 2027 | ~$8,495,776 | ~$8,495,776 | ~2.0908% | ~$177,629 | -5.6% |
| 2028 | ~$8,254,359 | ~$8,254,359 | ~2.0221% | ~$166,911 | -8.3% |
| 2029 | ~$8,019,802 | ~$8,019,802 | ~1.9534% | ~$156,658 | -10.9% |
| 2030 | ~$7,791,910 | ~$7,791,910 | ~1.8847% | ~$146,854 | -13.4% |
| 2026 | ~$8,564,255 | ~$8,564,255 | ~2.2282% | ~$190,827 | -4.8% |
| 2027 | ~$8,149,606 | ~$8,149,606 | ~2.2282% | ~$181,588 | -9.4% |
| 2028 | ~$7,755,034 | ~$7,755,034 | ~2.2282% | ~$172,797 | -13.8% |
| 2029 | ~$7,379,565 | ~$7,379,565 | ~2.2282% | ~$164,430 | -18.0% |
| 2030 | ~$7,022,275 | ~$7,022,275 | ~2.2282% | ~$156,469 | -22.0% |
| 2026 | ~$8,924,255 | ~$8,924,255 | ~2.1251% | ~$189,653 | -0.8% |
| 2027 | ~$8,849,147 | ~$8,849,147 | ~2.0221% | ~$178,938 | -1.7% |
| 2028 | ~$8,774,671 | ~$8,774,671 | ~1.9190% | ~$168,390 | -2.5% |
| 2029 | ~$8,700,822 | ~$8,700,822 | ~1.8160% | ~$158,006 | -3.3% |
| 2030 | ~$8,627,594 | ~$8,627,594 | ~1.7129% | ~$147,786 | -4.1% |
In 2025, this property's market value of $9,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $9,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,140,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,330,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,540,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,100,000 | $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.