2707 S INTERSTATE HY 35 TX 78741
| Owner | HARE KRISHNA AUSTIN SOUTH HOTEL LLC |
|---|---|
| Parcel ID | 0307020310 |
| Short ID | 287460 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 28,418 SF |
| Land SF | 78,000 SF |
| Acres | 1.791 |
| Year Built | 1972 |
| Legal | LOT A LEVITT-UNITED SUBD NO 1 (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SE1 |
| Land | $3,900,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,900,000 |
| Improvement | $2,054,833 |
|---|---|
| Total Improvement | $2,054,833 |
| Market | $5,954,833 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,954,833 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,954,833 |
| Taxable Value | $5,954,833 |
|---|
Appreciation: Market value has risen +7.1% from $5,558,000 (2021) to $5,954,833 (2025), a CAGR of 1.7% 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 $121,865. 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 65% of market value ($3,900,000 land vs $2,054,833 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $5,954,833, 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 +1.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,490,952 by 2030, with an estimated annual tax burden around $122,273. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 53,650 SF | ✗ |
| 1ST | 1st Floor | 14,347 SF | ✓ |
| 2ND | 2nd Floor | 14,071 SF | ✓ |
| 501 | CANOPY | 9,807 SF | ✗ |
| 611 | TERRACE | 1,752 SF | ✗ |
| 601 | POOL COMM'L | 600 SF | ✗ |
| SO | Sketch Only | 417 SF | ✗ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $55,094.11 | $55,094.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,204.34 | $31,204.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,380.94 | $22,380.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,028.07 | $7,028.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,157.30 | $6,157.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $121,864.76 | $121,864.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,978,641 | $5,954,833 | +0.4% |
| Assessed Value | $5,978,641 | $5,954,833 | +0.4% |
| Land Value | $3,900,000 | $3,900,000 | +0.0% |
| Improvement Value | $2,078,641 | $2,054,833 | +1.2% |
| Taxable Value | $5,978,641 | $5,954,833 | +0.4% |
| Total Tax 2026 = estimate |
~$122,352
Estimated
|
~$121,865
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,978,641 | $5,978,641 | +0 (+0.0%) |
| Taxable Value | $5,978,641 | $5,978,641 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,978,641 | $3,900,000 | $2,078,641 | — | $5,978,641 | $5,978,641 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,954,833 | $3,900,000 | $2,054,833 | — | $5,954,833 | $5,954,833 | ~$121,865 | Partial |
| 2024 | $4,400,000 | — | — | −$500,000 | $3,900,000 | $— | $112,421 | Verified |
| 2023 | $4,400,000 | — | — | −$2,840,000 | $1,560,000 | $— | $80,001 | Verified |
| 2022 | $4,200,000 | — | — | −$2,640,000 | $1,560,000 | $— | $87,005 | Verified |
| 2021 | $5,558,000 | — | — | −$3,998,000 | $1,560,000 | $— | $91,546 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2024 | +25.1% | +25.1% | ~100% | 1.8700% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.6700% | Verified |
| 2022 | +4.4% | +4.4% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 1.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +3.2% | +1.7% | +35.3% | 2025 | -24.4% | 2022 |
| Assessment Ratio | 100.0% | 64.9% | — | 100.0% | 2025 | 28.1% | 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 |
$121,865 | $98,568 | ~$122,177 | $121,865 | 2025 | $80,001 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,058,392 | ~$6,058,392 | ~2.0139% | ~$122,012 | +1.7% |
| 2027 | ~$6,163,751 | ~$6,163,751 | ~1.9814% | ~$122,128 | +3.5% |
| 2028 | ~$6,270,943 | ~$6,270,943 | ~1.9488% | ~$122,211 | +5.3% |
| 2029 | ~$6,379,999 | ~$6,379,999 | ~1.9163% | ~$122,259 | +7.1% |
| 2030 | ~$6,490,952 | ~$6,490,952 | ~1.8837% | ~$122,273 | +9.0% |
| 2026 | ~$5,939,295 | ~$5,939,295 | ~2.0465% | ~$121,547 | -0.3% |
| 2027 | ~$5,923,798 | ~$5,923,798 | ~2.0465% | ~$121,230 | -0.5% |
| 2028 | ~$5,908,341 | ~$5,908,341 | ~2.0465% | ~$120,913 | -0.8% |
| 2029 | ~$5,892,924 | ~$5,892,924 | ~2.0465% | ~$120,598 | -1.0% |
| 2030 | ~$5,877,547 | ~$5,877,547 | ~2.0465% | ~$120,283 | -1.3% |
| 2026 | ~$6,177,488 | ~$6,177,488 | ~1.9977% | ~$123,405 | +3.7% |
| 2027 | ~$6,408,469 | ~$6,408,469 | ~1.9488% | ~$124,891 | +7.6% |
| 2028 | ~$6,648,086 | ~$6,648,086 | ~1.9000% | ~$126,315 | +11.6% |
| 2029 | ~$6,896,663 | ~$6,896,663 | ~1.8512% | ~$127,671 | +15.8% |
| 2030 | ~$7,154,534 | ~$7,154,534 | ~1.8024% | ~$128,951 | +20.1% |
In 2025, this property's market value of $5,954,833 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,954,833 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,200,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,558,000 | $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.