3401 S INTERSTATE HY 35 TX 78741
| Owner | AUSTIN 35290 LLC |
|---|---|
| Parcel ID | 0310010106 |
| Short ID | 290116 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 89,979 SF |
| Land SF | 283,576 SF |
| Acres | 6.510 |
| Year Built | 1983 |
| Legal | IMP ONLY LOT 1 PETTY-WORDEN ADDN (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34SE1 |
| Land | $14,178,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,178,800 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $16,888,571 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,888,571 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,888,571 |
| Taxable Value | $16,888,571 |
|---|
Appreciation: Market value has risen +20.3% from $14,040,000 (2021) to $16,888,571 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 $345,622. 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 84% of market value ($14,178,800 land vs $0 improvements), about $50/SF of land. With value concentrated in the land under a ~43-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 $16,888,571, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $21,275,273 by 2030, with an estimated annual tax burden around $400,771. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 153,900 SF | ✗ |
| 491 | SPRINKLER HEADS | 127,866 SF | ✗ |
| 1ST | 1st Floor | 54,863 SF | ✓ |
| 2ND | 2nd Floor | 17,558 SF | ✓ |
| 3RD | 3rd Floor | 17,558 SF | ✓ |
| 4TH | 4th Floor | 17,558 SF | ✓ |
| 5TH | 5th Floor | 17,558 SF | ✓ |
| 611 | TERRACE | 8,511 SF | ✗ |
| 501 | CANOPY | 7,827 SF | ✗ |
| SO | Sketch Only | 7,507 SF | ✗ |
| LOBBY | Lobby | 2,771 SF | ✓ |
| 601 | POOL COMM'L | 1,092 SF | ✗ |
| 482 | LIGHT POLES | 12 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 290116 | AUSTIN 35290 LLC | 3401 INTERSTATE HY 35 78741 | $14,178,800 | $14,178,800 | $14,178,800 |
| 708134 | 3401 HOTELIERS LP | 3401 INTERSTATE HY 35 78741 | $2,709,771 | $2,709,771 | $2,709,771 |
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% | $156,253.06 | $156,253.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $88,498.98 | $88,498.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,474.85 | $63,474.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,932.40 | $19,932.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,462.78 | $17,462.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $345,622.07 | $345,622.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,888,571 | $16,888,571 | +0.0% |
| Assessed Value | $16,888,571 | $16,888,571 | +0.0% |
| Land Value | $14,178,800 | $14,178,800 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $16,888,571 | $16,888,571 | +0.0% |
| Total Tax 2026 = estimate |
~$345,622
Estimated
|
~$345,622
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $17,038,319 | $16,888,571 | -149,748 (-0.9%) |
| Taxable Value | $17,038,319 | $16,888,571 | -149,748 (-0.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,888,571 | $14,178,800 | — | — | $16,888,571 | $16,888,571 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,888,571 | $14,178,800 | — | — | $16,888,571 | $16,888,571 | ~$345,622 | Partial |
| 2024 | $4,100,000 | — | — | — | $14,178,800 ! | $— | $338,477 | Verified |
| 2023 | $9,000,000 | — | — | −$4,746,360 | $4,253,640 | $— | $144,176 | Verified |
| 2022 | $8,606,360 | — | — | −$4,352,720 | $4,253,640 | $— | $241,111 | Verified |
| 2021 | $14,040,000 | — | — | −$9,786,360 | $4,253,640 | $— | $279,921 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2025 | -6.6% | -6.6% | ~100% | Not available | Partial |
| 2024 | -29.3% | -29.3% | ~100% | 1.9800% | Verified |
| 2023 | -61.6% | -61.6% | ~100% | 1.7300% | Verified |
| 2022 | +24.2% | +24.2% | ~100% | 1.6100% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -68.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +44.7% | +4.7% | +311.9% | 2025 | -54.4% | 2024 |
| Assessment Ratio | 100.0% | 112.1% | — | 345.8% | 2024 | 30.3% | 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 |
$345,622 | $269,861 | ~$378,263 | $345,622 | 2025 | $144,176 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$17,686,804 | ~$17,686,804 | ~2.0139% | ~$356,201 | +4.7% |
| 2027 | ~$18,522,764 | ~$18,522,764 | ~1.9814% | ~$367,008 | +9.7% |
| 2028 | ~$19,398,237 | ~$19,398,237 | ~1.9488% | ~$378,041 | +14.9% |
| 2029 | ~$20,315,088 | ~$20,315,088 | ~1.9163% | ~$389,296 | +20.3% |
| 2030 | ~$21,275,273 | ~$21,275,273 | ~1.8837% | ~$400,771 | +26.0% |
| 2026 | ~$17,349,032 | ~$17,349,032 | ~2.0465% | ~$355,045 | +2.7% |
| 2027 | ~$17,822,048 | ~$17,822,048 | ~2.0465% | ~$364,726 | +5.5% |
| 2028 | ~$18,307,960 | ~$18,307,960 | ~2.0465% | ~$374,670 | +8.4% |
| 2029 | ~$18,807,120 | ~$18,807,120 | ~2.0465% | ~$384,885 | +11.4% |
| 2030 | ~$19,319,890 | ~$19,319,890 | ~2.0465% | ~$395,379 | +14.4% |
| 2026 | ~$18,024,575 | ~$18,024,575 | ~1.9977% | ~$360,070 | +6.7% |
| 2027 | ~$19,236,992 | ~$19,236,992 | ~1.9488% | ~$374,898 | +13.9% |
| 2028 | ~$20,530,962 | ~$20,530,962 | ~1.9000% | ~$390,092 | +21.6% |
| 2029 | ~$21,911,970 | ~$21,911,970 | ~1.8512% | ~$405,633 | +29.7% |
| 2030 | ~$23,385,871 | ~$23,385,871 | ~1.8024% | ~$421,500 | +38.5% |
In 2025, this property's market value of $16,888,571 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $16,888,571 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,606,360 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,040,000 | $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.