16950 N INTERSTATE HY 35 TX 78664
| Owner | BRE/ESA P PORTFOLIO TXNC PROP LP |
|---|---|
| Parcel ID | 0284230105 |
| Short ID | 529464 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 45,177 SF |
| Land SF | 106,056 SF |
| Acres | 2.435 |
| Year Built | 2003 |
| Legal | LOT 1 BLK A FARMERS INSURANCE TRACT SEC 2 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37NO3 |
| Land | $2,121,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,121,120 |
| Improvement | $4,478,880 |
|---|---|
| Total Improvement | $4,478,880 |
| Market | $6,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,600,000 |
| Taxable Value | $6,600,000 |
|---|
Appreciation: Market value has risen +69.9% from $3,884,000 (2021) to $6,600,000 (2025), a CAGR of 14.2% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $122,916. Round Rock ISD is the largest single contributor, at 48.0% 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 32% of market value ($2,121,120 land vs $4,478,880 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,600,000, 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 +14.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,804,860 by 2030, with an estimated annual tax burden around $165,776. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 1ST | 1st Floor | 15,059 SF | ✓ |
| 2ND | 2nd Floor | 15,059 SF | ✓ |
| 3RD | 3rd Floor | 15,059 SF | ✓ |
| 501 | CANOPY | 562 SF | ✗ |
| 482 | LIGHT POLES | 9 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $57,200.17 | $57,200.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,071.66 | $24,071.66 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $23,825.40 | $23,825.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,558.99 | $7,558.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,622.44 | $6,622.44 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $119,278.66 | $119,278.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,226,167 | $6,600,000 | -5.7% |
| Assessed Value | $6,226,167 | $6,600,000 | -5.7% |
| Land Value | $2,121,120 | $2,121,120 | +0.0% |
| Improvement Value | $4,105,047 | $4,478,880 | -8.3% |
| Taxable Value | $6,226,167 | $6,600,000 | -5.7% |
| Total Tax 2026 = estimate |
~$115,954
Estimated
|
~$119,279
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,226,172 | $6,226,167 | -5 (-0.0%) |
| Taxable Value | $6,226,172 | $6,226,167 | -5 (-0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,226,167 | $2,121,120 | $4,105,047 | — | $6,226,167 | $6,226,167 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,600,000 | $2,121,120 | $4,478,880 | — | $6,600,000 | $6,600,000 | ~$119,279 | Partial |
| 2024 | $6,208,000 | — | — | −$4,086,880 | $2,121,120 | $— | $121,057 | Verified |
| 2023 | $3,990,000 | — | — | −$1,868,880 | $2,121,120 | $— | $109,568 | Verified |
| 2022 | $3,340,000 | — | — | −$1,218,880 | $2,121,120 | $— | $76,617 | Verified |
| 2021 | $3,884,000 | — | — | −$1,762,880 | $2,121,120 | $— | $70,293 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2025 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2024 | +1.9% | +1.9% | ~100% | 1.8100% | Verified |
| 2023 | +64.7% | +64.7% | ~100% | 1.6700% | Verified |
| 2022 | +19.5% | +19.5% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 1.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +97.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.7% | +12.3% | +15.5% | +55.6% | 2024 | -14.0% | 2022 |
| Assessment Ratio | 100.0% | 67.6% | — | 100.0% | 2025 | 34.2% | 2024 |
| Effective Tax Rate (2025) | 1.8100% | 1.8100% | — | 1.8100% | 2025 | 1.8100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$119,279 | $99,363 | ~$147,969 | $121,057 | 2024 | $70,293 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,535,466 | ~$7,260,000 | ~1.8018% | ~$130,812 | +14.2% |
| 2027 | ~$8,603,522 | ~$7,986,000 | ~1.7413% | ~$139,057 | +30.4% |
| 2028 | ~$9,822,962 | ~$8,784,600 | ~1.6807% | ~$147,644 | +48.8% |
| 2029 | ~$11,215,242 | ~$9,663,060 | ~1.6202% | ~$156,557 | +69.9% |
| 2030 | ~$12,804,860 | ~$10,629,366 | ~1.5596% | ~$165,776 | +94.0% |
| 2026 | ~$7,403,466 | ~$7,260,000 | ~1.8624% | ~$135,208 | +12.2% |
| 2027 | ~$8,304,744 | ~$7,986,000 | ~1.8624% | ~$148,729 | +25.8% |
| 2028 | ~$9,315,741 | ~$8,784,600 | ~1.8624% | ~$163,602 | +41.1% |
| 2029 | ~$10,449,813 | ~$9,663,060 | ~1.8624% | ~$179,962 | +58.3% |
| 2030 | ~$11,721,945 | ~$10,629,366 | ~1.8624% | ~$197,958 | +77.6% |
| 2026 | ~$7,667,466 | ~$7,260,000 | ~1.7715% | ~$128,614 | +16.2% |
| 2027 | ~$8,907,581 | ~$7,986,000 | ~1.6807% | ~$134,221 | +35.0% |
| 2028 | ~$10,348,269 | ~$8,784,600 | ~1.5899% | ~$139,665 | +56.8% |
| 2029 | ~$12,021,970 | ~$9,663,060 | ~1.4991% | ~$144,854 | +82.2% |
| 2030 | ~$13,966,370 | ~$10,629,366 | ~1.4082% | ~$149,685 | +111.6% |
In 2025, this property's market value of $6,600,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,600,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,208,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,990,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,340,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,884,000 | $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.