4220 S INTERSTATE HY 35 TX 78745
| Owner | 4220 DEVELOPMENT LLC |
|---|---|
| Parcel ID | 0413010204 |
| Short ID | 319239 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 17,780 SF |
| Land SF | 52,757 SF |
| Acres | 1.211 |
| Year Built | 1982 |
| Legal | LOT C INTERSTATE 35 INDUSTRIAL PARK II (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SO1 |
| Land | $3,429,205 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,429,205 |
| Improvement | $406,421 |
|---|---|
| Total Improvement | $406,421 |
| Market | $3,835,626 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,835,626 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,699,646 |
| Net Appraised (assessed) | $2,135,980 |
| Taxable Value | $2,135,980 |
|---|
Appreciation: Market value has risen +78.4% from $2,150,000 (2021) to $3,835,626 (2025), a CAGR of 15.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $43,713. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,135,980) is $1,699,646 below market value, suggesting potential for an upward assessment in future years.
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 89% of market value ($3,429,205 land vs $406,421 improvements), about $65/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 $3,835,626, 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 +15.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,908,307 by 2030, with an estimated annual tax burden around $64,801. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 17,137 SF | ✗ |
| 2ND | 2nd Floor | 11,788 SF | ✓ |
| 1ST | 1st Floor | 5,992 SF | ✓ |
| 501 | CANOPY | 4,562 SF | ✗ |
| LOBBY | Lobby | 2,094 SF | ✓ |
| 581C | STORAGE ATT COMM | 704 SF | ✓ |
| 611 | TERRACE | 635 SF | ✗ |
| 142 | BATHTUB AVG | 42 SF | ✓ |
| 152 | COMMODE AVG | 42 SF | ✓ |
| 162 | LAVATORY AVG | 42 SF | ✓ |
| 091 | HVAC COMMRCL TON | 3 SF | ✗ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 199 | WATER HEATER FV | 1 SF | ✓ |
Market value changed by 84% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $19,762.09 | $19,762.09 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,192.90 | $11,192.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,027.97 | $8,027.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,520.95 | $2,520.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,208.60 | $2,208.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,712.51 | $43,712.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,853,809 | $3,835,626 | +0.5% |
| Assessed Value | $2,563,176 | $2,135,980 | +20.0% |
| Land Value | $3,429,205 | $3,429,205 | +0.0% |
| Improvement Value | $424,604 | $406,421 | +4.5% |
| Taxable Value | $2,563,176 | $2,135,980 | +20.0% |
| HS Cap Loss | -$1,290,633 | — | |
| Total Tax 2026 = estimate |
~$52,455
Estimated
|
~$43,713
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,853,809 | $3,853,809 | +0 (+0.0%) |
| Taxable Value | $2,563,176 | $2,563,176 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,853,809 | $3,429,205 | $424,604 | −$1,290,633 | $2,563,176 | $2,563,176 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,835,626 | $3,429,205 | $406,421 | −$1,699,646 | $2,135,980 | $2,135,980 | ~$43,713 | Partial |
| 2024 | $1,483,319 | — | — | — | $2,736,126 ! | $— | $35,276 | Verified |
| 2023 | $2,410,000 | — | — | −$926,681 | $1,483,319 | $— | $26,837 | Verified |
| 2022 | $2,148,529 | — | — | −$38,249 | $2,110,280 | $— | $47,596 | Verified |
| 2021 | $2,150,000 | — | — | −$39,720 | $2,110,280 | $— | $46,767 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +20.0% | 66.5% | Not available | Partial |
| 2025 | +40.2% | +20.0% | 55.7% | Not available | Partial |
| 2024 | +84.5% ! | +20.0% | 65.0% | 1.2900% | Verified |
| 2023 | -38.5% | -38.5% | ~100% | 1.8100% | Verified |
| 2022 | +12.2% | +12.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +26.5% | +15.5% | +158.6% | 2025 | -38.5% | 2024 |
| Assessment Ratio | 66.5% | 94.1% | — | 184.5% | 2024 | 55.7% | 2025 |
| Effective Tax Rate (2025) | 1.1400% | 1.1400% | — | 1.1400% | 2025 | 1.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,713 | $40,038 | ~$55,733 | $47,596 | 2022 | $26,837 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,432,877 | ~$2,349,578 | ~2.0139% | ~$47,319 | +15.6% |
| 2027 | ~$5,123,127 | ~$2,584,536 | ~1.9814% | ~$51,210 | +33.6% |
| 2028 | ~$5,920,857 | ~$2,842,989 | ~1.9488% | ~$55,405 | +54.4% |
| 2029 | ~$6,842,803 | ~$3,127,288 | ~1.9163% | ~$59,928 | +78.4% |
| 2030 | ~$7,908,307 | ~$3,440,017 | ~1.8837% | ~$64,801 | +106.2% |
| 2026 | ~$4,356,165 | ~$2,349,578 | ~2.0465% | ~$48,084 | +13.6% |
| 2027 | ~$4,947,347 | ~$2,584,536 | ~2.0465% | ~$52,892 | +29.0% |
| 2028 | ~$5,618,758 | ~$2,842,989 | ~2.0465% | ~$58,181 | +46.5% |
| 2029 | ~$6,381,289 | ~$3,127,288 | ~2.0465% | ~$63,999 | +66.4% |
| 2030 | ~$7,247,303 | ~$3,440,017 | ~2.0465% | ~$70,399 | +88.9% |
| 2026 | ~$4,509,590 | ~$2,349,578 | ~1.9977% | ~$46,937 | +17.6% |
| 2027 | ~$5,301,977 | ~$2,584,536 | ~1.9488% | ~$50,368 | +38.2% |
| 2028 | ~$6,233,595 | ~$2,842,989 | ~1.9000% | ~$54,017 | +62.5% |
| 2029 | ~$7,328,910 | ~$3,127,288 | ~1.8512% | ~$57,892 | +91.1% |
| 2030 | ~$8,616,684 | ~$3,440,017 | ~1.8024% | ~$62,002 | +124.6% |
In 2025, this property's market value of $3,835,626 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +171% 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 | $3,835,626 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $1,483,319 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,410,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,148,529 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,150,000 | $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.