12510 N INTERSTATE HY 35 TX 78753
| Owner | AUSTIN S PARMER PROPCO LP |
|---|---|
| Parcel ID | 0258230107 |
| Short ID | 503608 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 44,289 SF |
| Land SF | 111,993 SF |
| Acres | 2.571 |
| Year Built | 2002 |
| Legal | LOT 2-A BLK A *LESS .255AC OF PARK CENTRAL SEC 2 RESUB OF LOT 2 BLK A & LOT 7 BLK A PARK CENTRAL SEC 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NO2 |
| Land | $2,239,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,239,860 |
| Improvement | $8,760,140 |
|---|---|
| Total Improvement | $8,760,140 |
| Market | $11,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,000,000 |
| Taxable Value | $11,000,000 |
|---|
Appreciation: Market value has risen +13.4% from $9,700,000 (2021) to $11,000,000 (2025), a CAGR of 3.2% 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 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $245,100. 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 20% of market value ($2,239,860 land vs $8,760,140 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,000,000, 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 +3.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,872,677 by 2030, with an estimated annual tax burden around $242,610. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,763 SF | ✓ |
| 2ND | 2nd Floor | 14,763 SF | ✓ |
| 3RD | 3rd Floor | 14,763 SF | ✓ |
| 4TH | 4th Floor | 14,763 SF | ✓ |
| 5TH | 5th Floor | 14,763 SF | ✓ |
| 551 | PAVED AREA | 10,000 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $121,759.00 | $121,759.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $57,641.87 | $57,641.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,342.95 | $41,342.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,982.53 | $12,982.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,374.00 | $11,374.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $245,100.35 | $245,100.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,393,362 | $11,000,000 | +3.6% |
| Assessed Value | $11,393,362 | $11,000,000 | +3.6% |
| Land Value | $2,239,860 | $2,239,860 | +0.0% |
| Improvement Value | $9,153,502 | $8,760,140 | +4.5% |
| Taxable Value | $11,393,362 | $11,000,000 | +3.6% |
| Total Tax 2026 = estimate |
~$253,865
Estimated
|
~$245,100
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,965,665 | $11,393,362 | -572,303 (-4.8%) |
| Taxable Value | $11,965,665 | $11,393,362 | -572,303 (-4.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,393,362 | $2,239,860 | $9,153,502 | — | $11,393,362 | $11,393,362 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,000,000 | $2,239,860 | $8,760,140 | — | $11,000,000 | $11,000,000 | ~$245,100 | Partial |
| 2024 | $11,900,000 | — | — | −$9,661,340 | $2,238,660 | $— | $265,139 | Verified |
| 2023 | $9,310,000 | — | — | −$7,071,340 | $2,238,660 | $— | $245,015 | Verified |
| 2022 | $8,000,000 | — | — | −$5,761,340 | $2,238,660 | $— | $208,816 | Verified |
| 2021 | $9,700,000 | — | — | −$7,461,340 | $2,238,660 | $— | $200,238 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.8% | +8.8% | ~100% | Not available | Partial |
| 2025 | -11.3% | -11.3% | ~100% | Not available | Partial |
| 2024 | +4.2% | +4.2% | ~100% | 2.1400% | Verified |
| 2023 | +27.8% | +27.8% | ~100% | 2.0600% | Verified |
| 2022 | +16.4% | +16.4% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.6% | +4.5% | +2.5% | +27.8% | 2024 | -17.5% | 2022 |
| Assessment Ratio | 100.0% | 49.0% | — | 100.0% | 2025 | 18.8% | 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 |
$245,100 | $232,862 | ~$244,151 | $265,139 | 2024 | $200,238 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,351,361 | ~$11,351,361 | ~2.1595% | ~$245,131 | +3.2% |
| 2027 | ~$11,713,944 | ~$11,713,944 | ~2.0908% | ~$244,914 | +6.5% |
| 2028 | ~$12,088,110 | ~$12,088,110 | ~2.0221% | ~$244,432 | +9.9% |
| 2029 | ~$12,474,227 | ~$12,474,227 | ~1.9534% | ~$243,670 | +13.4% |
| 2030 | ~$12,872,677 | ~$12,872,677 | ~1.8847% | ~$242,610 | +17.0% |
| 2026 | ~$11,131,361 | ~$11,131,361 | ~2.2282% | ~$248,027 | +1.2% |
| 2027 | ~$11,264,290 | ~$11,264,290 | ~2.2282% | ~$250,989 | +2.4% |
| 2028 | ~$11,398,807 | ~$11,398,807 | ~2.2282% | ~$253,987 | +3.6% |
| 2029 | ~$11,534,930 | ~$11,534,930 | ~2.2282% | ~$257,020 | +4.9% |
| 2030 | ~$11,672,679 | ~$11,672,679 | ~2.2282% | ~$260,089 | +6.1% |
| 2026 | ~$11,571,361 | ~$11,571,361 | ~2.1251% | ~$245,907 | +5.2% |
| 2027 | ~$12,172,399 | ~$12,172,399 | ~2.0221% | ~$246,137 | +10.7% |
| 2028 | ~$12,804,656 | ~$12,804,656 | ~1.9190% | ~$245,727 | +16.4% |
| 2029 | ~$13,469,754 | ~$13,469,754 | ~1.8160% | ~$244,610 | +22.5% |
| 2030 | ~$14,169,398 | ~$14,169,398 | ~1.7129% | ~$242,714 | +28.8% |
In 2025, this property's market value of $11,000,000 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 | $11,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,310,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,700,000 | $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.