1603 TERI RD TX 78744
| Owner | DBG AUSTIN HOTEL TWO LLC |
|---|---|
| Parcel ID | 0418010102 |
| Short ID | 783030 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 49,359 SF |
| Land SF | 68,490 SF |
| Acres | 1.572 |
| Year Built | 2018 |
| Legal | LOT 3A BLK A WAL-MART SUBD AMD PLAT OF LOTS 2-3 |
| Neighborhood | 35SE2 |
| Land | $1,369,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,369,800 |
| Improvement | $6,355,002 |
|---|---|
| Total Improvement | $6,355,002 |
| Market | $7,724,802 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,724,802 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,724,802 |
| Taxable Value | $7,724,802 |
|---|
Appreciation: Market value has fallen -3.2% from $7,980,600 (2021) to $7,724,802 (2025), a CAGR of -0.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $158,087. 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 18% of market value ($1,369,800 land vs $6,355,002 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,724,802, 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 -0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,416,553 by 2030, with an estimated annual tax burden around $139,709. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 49,359 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% | $65,624.44 | $65,624.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $37,168.53 | $37,168.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $26,658.69 | $26,658.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,371.37 | $8,371.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,334.16 | $7,334.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $145,157.19 | $145,157.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,918,804 | $7,724,802 | -10.4% |
| Assessed Value | $6,918,804 | $7,724,802 | -10.4% |
| Land Value | $1,369,800 | $1,369,800 | +0.0% |
| Improvement Value | $5,549,004 | $6,355,002 | -12.7% |
| Taxable Value | $6,918,804 | $7,724,802 | -10.4% |
| Total Tax 2026 = estimate |
~$141,592
Estimated
|
~$145,157
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,013,540 | $6,918,804 | -1,094,736 (-13.7%) |
| Taxable Value | $8,013,540 | $6,918,804 | -1,094,736 (-13.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,918,804 | $1,369,800 | $5,549,004 | — | $6,918,804 | $6,918,804 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,724,802 | $1,369,800 | $6,355,002 | — | $7,724,802 | $7,724,802 | ~$145,157 | Partial |
| 2024 | $7,400,000 | — | — | −$5,979,620 | $1,420,380 | $— | $129,234 | Verified |
| 2023 | $7,550,000 | — | — | −$6,129,620 | $1,420,380 | $— | $134,362 | Verified |
| 2022 | $6,810,000 | — | — | −$5,389,620 | $1,420,380 | $— | $138,787 | Verified |
| 2021 | $7,980,600 | — | — | −$6,560,220 | $1,420,380 | $— | $135,593 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | -17.6% | -17.6% | ~100% | Not available | Partial |
| 2024 | +5.6% | +5.6% | ~100% | 1.3800% | Verified |
| 2023 | +17.6% | +17.6% | ~100% | 1.5100% | Verified |
| 2022 | +10.9% | +10.9% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 1.7000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.4% | -2.4% | +1.5% | +10.9% | 2023 | -14.7% | 2022 |
| Assessment Ratio | 100.0% | 46.1% | — | 100.0% | 2025 | 17.8% | 2021 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$145,157 | $136,627 | ~$146,960 | $145,157 | 2025 | $129,234 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,662,144 | ~$7,662,144 | ~2.0139% | ~$154,311 | -0.8% |
| 2027 | ~$7,599,994 | ~$7,599,994 | ~1.9814% | ~$150,585 | -1.6% |
| 2028 | ~$7,538,349 | ~$7,538,349 | ~1.9488% | ~$146,910 | -2.4% |
| 2029 | ~$7,477,203 | ~$7,477,203 | ~1.9163% | ~$143,285 | -3.2% |
| 2030 | ~$7,416,553 | ~$7,416,553 | ~1.8837% | ~$139,709 | -4.0% |
| 2026 | ~$7,507,648 | ~$7,507,648 | ~2.0465% | ~$153,643 | -2.8% |
| 2027 | ~$7,296,598 | ~$7,296,598 | ~2.0465% | ~$149,324 | -5.5% |
| 2028 | ~$7,091,482 | ~$7,091,482 | ~2.0465% | ~$145,126 | -8.2% |
| 2029 | ~$6,892,131 | ~$6,892,131 | ~2.0465% | ~$141,046 | -10.8% |
| 2030 | ~$6,698,385 | ~$6,698,385 | ~2.0465% | ~$137,081 | -13.3% |
| 2026 | ~$7,816,640 | ~$7,816,640 | ~1.9977% | ~$156,150 | +1.2% |
| 2027 | ~$7,909,570 | ~$7,909,570 | ~1.9488% | ~$154,145 | +2.4% |
| 2028 | ~$8,003,605 | ~$8,003,605 | ~1.9000% | ~$152,070 | +3.6% |
| 2029 | ~$8,098,757 | ~$8,098,757 | ~1.8512% | ~$149,924 | +4.8% |
| 2030 | ~$8,195,041 | ~$8,195,041 | ~1.8024% | ~$147,705 | +6.1% |
In 2025, this property's market value of $7,724,802 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,724,802 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,550,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,810,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,980,600 | $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.