2200 S INTERSTATE HY 35 TX 78704
| Owner | LOTUS HOTELS INC |
|---|---|
| Parcel ID | 0305030502 |
| Short ID | 285903 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 86,308 SF |
| Land SF | 155,247 SF |
| Acres | 3.564 |
| Year Built | 1974 |
| Legal | ABS 24 DELVALLE S ACR 3.564 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35SC2 |
| Land | $15,524,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,524,700 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $11,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,900,000 |
| Taxable Value | $11,900,000 |
|---|
Appreciation: Market value has fallen -11.9% from $13,500,000 (2021) to $11,900,000 (2025), a CAGR of -3.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $243,532. 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 130% of market value ($15,524,700 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~52-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $11,900,000, 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 -3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,163,972 by 2030, with an estimated annual tax burden around $191,463. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 39,212 SF | ✓ |
| 2ND | 2nd Floor | 24,572 SF | ✓ |
| 3RD | 3rd Floor | 22,524 SF | ✓ |
| 501 | CANOPY | 10,952 SF | ✗ |
| 591 | MASONRY TRIM SF | 8,500 SF | ✗ |
| SO | Sketch Only | 7,207 SF | ✗ |
| 601 | POOL COMM'L | 1,150 SF | ✗ |
| 327 | STORAGE COMM'L | 1,040 SF | ✓ |
| 581C | STORAGE ATT COMM | 550 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% | $110,098.80 | $110,098.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $62,358.02 | $62,358.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $44,725.56 | $44,725.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,044.74 | $14,044.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,304.60 | $12,304.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $243,531.72 | $243,531.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,111,539 | $11,900,000 | +1.8% |
| Assessed Value | $12,111,539 | $11,900,000 | +1.8% |
| Land Value | $15,524,700 | $15,524,700 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $12,111,539 | $11,900,000 | +1.8% |
| Total Tax 2026 = estimate |
~$247,861
Estimated
|
~$243,532
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,111,539 | $12,111,539 | +0 (+0.0%) |
| Taxable Value | $12,111,539 | $12,111,539 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,111,539 | $15,524,700 | — | — | $12,111,539 | $12,111,539 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,900,000 | $15,524,700 | — | — | $11,900,000 | $11,900,000 | ~$243,532 | Partial |
| 2024 | $14,800,000 | — | — | −$1,866,280 | $12,933,720 | $— | $256,322 | Verified |
| 2023 | $12,010,000 | — | — | — | $14,800,000 ! | $— | $267,769 | Verified |
| 2022 | $10,840,000 | — | — | −$6,182,590 | $4,657,410 | $— | $237,188 | Verified |
| 2021 | $13,500,000 | — | — | −$8,842,590 | $4,657,410 | $— | $235,952 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2025 | -8.0% | -8.0% | ~100% | Not available | Partial |
| 2024 | -12.6% | -12.6% | ~100% | 1.9800% | Verified |
| 2023 | +23.2% | +23.2% | ~100% | 1.8100% | Verified |
| 2022 | +10.8% | +10.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.8% | -0.7% | -3.4% | +23.2% | 2024 | -19.7% | 2022 |
| Assessment Ratio | 100.0% | 81.4% | — | 123.2% | 2023 | 34.5% | 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 |
$243,532 | $248,153 | ~$211,408 | $267,769 | 2023 | $235,952 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,530,556 | ~$11,530,556 | ~2.0139% | ~$232,218 | -3.1% |
| 2027 | ~$11,172,582 | ~$11,172,582 | ~1.9814% | ~$221,372 | -6.1% |
| 2028 | ~$10,825,722 | ~$10,825,722 | ~1.9488% | ~$210,976 | -9.0% |
| 2029 | ~$10,489,630 | ~$10,489,630 | ~1.9163% | ~$201,012 | -11.9% |
| 2030 | ~$10,163,972 | ~$10,163,972 | ~1.8837% | ~$191,463 | -14.6% |
| 2026 | ~$11,305,000 | ~$11,305,000 | ~2.0465% | ~$231,355 | -5.0% |
| 2027 | ~$10,739,750 | ~$10,739,750 | ~2.0465% | ~$219,787 | -9.8% |
| 2028 | ~$10,202,762 | ~$10,202,762 | ~2.0465% | ~$208,798 | -14.3% |
| 2029 | ~$9,692,624 | ~$9,692,624 | ~2.0465% | ~$198,358 | -18.5% |
| 2030 | ~$9,207,993 | ~$9,207,993 | ~2.0465% | ~$188,440 | -22.6% |
| 2026 | ~$11,768,556 | ~$11,768,556 | ~1.9977% | ~$235,096 | -1.1% |
| 2027 | ~$11,638,564 | ~$11,638,564 | ~1.9488% | ~$226,817 | -2.2% |
| 2028 | ~$11,510,008 | ~$11,510,008 | ~1.9000% | ~$218,692 | -3.3% |
| 2029 | ~$11,382,872 | ~$11,382,872 | ~1.8512% | ~$210,719 | -4.3% |
| 2030 | ~$11,257,141 | ~$11,257,141 | ~1.8024% | ~$202,895 | -5.4% |
In 2025, this property's market value of $11,900,000 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 | $11,900,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $14,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,010,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,840,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,500,000 | $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.