2915 S INTERSTATE HY 35 TX 78741
| Owner | K K BROTHER HOSPITALITY LLC |
|---|---|
| Parcel ID | 0309020313 |
| Short ID | 289713 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 16,190 SF |
| Land SF | 52,272 SF |
| Acres | 1.200 |
| Year Built | 1982 |
| Legal | LOT 1 G B & L SUBD (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SE1 |
| Land | $2,613,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,613,600 |
| Improvement | $436,400 |
|---|---|
| Total Improvement | $436,400 |
| Market | $3,050,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,050,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,050,000 |
| Taxable Value | $3,050,000 |
|---|
Appreciation: Market value has risen +24.4% from $2,452,000 (2021) to $3,050,000 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $62,418. 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 86% of market value ($2,613,600 land vs $436,400 improvements), about $50/SF of land. With value concentrated in the land under a ~44-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 $3,050,000, this parcel sits in the upper-middle (50th–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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,006,582 by 2030, with an estimated annual tax burden around $75,474. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 2ND | 2nd Floor | 8,373 SF | ✓ |
| 1ST | 1st Floor | 7,817 SF | ✓ |
| 611 | TERRACE | 3,363 SF | ✗ |
| SO | Sketch Only | 3,363 SF | ✗ |
| 501 | CANOPY | 2,746 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,215 SF | ✗ |
| 601 | POOL COMM'L | 435 SF | ✗ |
| 581C | STORAGE ATT COMM | 420 SF | ✓ |
| 413 | STAIRWAY EXT | 3 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% | $28,218.60 | $28,218.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,982.52 | $15,982.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,463.27 | $11,463.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,599.70 | $3,599.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,153.70 | $3,153.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $62,417.79 | $62,417.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,535,386 | $3,050,000 | -16.9% |
| Assessed Value | $2,535,386 | $3,050,000 | -16.9% |
| Land Value | $2,613,600 | $2,613,600 | +0.0% |
| Improvement Value | — | $436,400 | — |
| Taxable Value | $2,535,386 | $3,050,000 | -16.9% |
| Total Tax 2026 = estimate |
~$51,886
Estimated
|
~$62,418
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,535,386 | $2,535,386 | +0 (+0.0%) |
| Taxable Value | $2,535,386 | $2,535,386 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,535,386 | $2,613,600 | — | — | $2,535,386 | $2,535,386 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,050,000 | $2,613,600 | $436,400 | — | $3,050,000 | $3,050,000 | ~$62,418 | Partial |
| 2024 | $3,900,000 | — | — | −$1,286,400 | $2,613,600 | $— | $92,749 | Verified |
| 2023 | $2,610,000 | — | — | −$1,564,560 | $1,045,440 | $— | $67,995 | Verified |
| 2022 | $2,000,000 | — | — | −$954,560 | $1,045,440 | $— | $51,545 | Verified |
| 2021 | $2,452,000 | — | — | −$1,406,560 | $1,045,440 | $— | $43,534 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.9% | -16.9% | ~100% | Not available | Partial |
| 2025 | -42.5% | -42.5% | ~100% | Not available | Partial |
| 2024 | +23.6% | +23.6% | ~100% | 1.7500% | Verified |
| 2023 | +64.5% | +64.5% | ~100% | 1.5800% | Verified |
| 2022 | +30.5% | +30.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.9% | +4.6% | +9.9% | +49.4% | 2024 | -21.8% | 2025 |
| Assessment Ratio | 100.0% | 67.0% | — | 100.0% | 2025 | 40.1% | 2023 |
| 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 |
$62,418 | $63,648 | ~$70,091 | $92,749 | 2024 | $43,534 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,221,029 | ~$3,221,029 | ~2.0139% | ~$64,869 | +5.6% |
| 2027 | ~$3,401,649 | ~$3,401,649 | ~1.9814% | ~$67,400 | +11.5% |
| 2028 | ~$3,592,397 | ~$3,592,397 | ~1.9488% | ~$70,010 | +17.8% |
| 2029 | ~$3,793,842 | ~$3,793,842 | ~1.9163% | ~$72,701 | +24.4% |
| 2030 | ~$4,006,582 | ~$4,006,582 | ~1.8837% | ~$75,474 | +31.4% |
| 2026 | ~$3,160,029 | ~$3,160,029 | ~2.0465% | ~$64,670 | +3.6% |
| 2027 | ~$3,274,028 | ~$3,274,028 | ~2.0465% | ~$67,002 | +7.3% |
| 2028 | ~$3,392,139 | ~$3,392,139 | ~2.0465% | ~$69,420 | +11.2% |
| 2029 | ~$3,514,511 | ~$3,514,511 | ~2.0465% | ~$71,924 | +15.2% |
| 2030 | ~$3,641,298 | ~$3,641,298 | ~2.0465% | ~$74,519 | +19.4% |
| 2026 | ~$3,282,029 | ~$3,282,029 | ~1.9977% | ~$65,564 | +7.6% |
| 2027 | ~$3,531,710 | ~$3,531,710 | ~1.9488% | ~$68,827 | +15.8% |
| 2028 | ~$3,800,386 | ~$3,800,386 | ~1.9000% | ~$72,208 | +24.6% |
| 2029 | ~$4,089,501 | ~$4,089,501 | ~1.8512% | ~$75,705 | +34.1% |
| 2030 | ~$4,400,611 | ~$4,400,611 | ~1.8024% | ~$79,315 | +44.3% |
In 2025, this property's market value of $3,050,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +115% above 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 | $3,050,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,610,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,452,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.