S INTERSTATE HY 35 TX 78744
| Owner | AUSTIN SOUTH HOTELS LLC |
|---|---|
| Parcel ID | 0418011201 |
| Short ID | 863391 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 110,452 SF |
| Land SF | 129,025 SF |
| Acres | 2.962 |
| Year Built | 2021 |
| Legal | LOT 3 TERI ROAD AT IH 35 SUBD |
| Neighborhood | 35SE2 |
| Land | $2,580,494 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,580,494 |
| Improvement | $6,419,506 |
|---|---|
| Total Improvement | $6,419,506 |
| Market | $9,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,000,000 |
| Taxable Value | $9,000,000 |
|---|
Appreciation: Market value has risen +91.2% from $4,706,632 (2022) to $9,000,000 (2025), a CAGR of 24.1% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +54.6%, so this parcel has outpaced the broader land/vacant 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 $184,184. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 29% of market value ($2,580,494 land vs $6,419,506 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,000,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +24.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $26,513,249 by 2030, with an estimated annual tax burden around $273,041. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 110,452 SF | ✓ |
| 501 | CANOPY | 1,575 SF | ✗ |
| 601 | POOL COMM'L | 420 SF | ✗ |
Market value changed by 81% in 2022, 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% | $83,268.00 | $83,268.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,161.53 | $47,161.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,826.05 | $33,826.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,622.07 | $10,622.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,306.00 | $9,306.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $184,183.65 | $184,183.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,147,030 | $9,000,000 | +23.9% |
| Assessed Value | $11,147,030 | $9,000,000 | +23.9% |
| Land Value | $2,580,494 | $2,580,494 | +0.0% |
| Improvement Value | $8,566,536 | $6,419,506 | +33.4% |
| Taxable Value | $11,147,030 | $9,000,000 | +23.9% |
| Total Tax 2026 = estimate |
~$228,122
Estimated
|
~$184,184
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,094,065 | $11,147,030 | -3,947,035 (-26.1%) |
| Taxable Value | $15,094,065 | $11,147,030 | -3,947,035 (-26.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,147,030 | $2,580,494 | $8,566,536 | — | $11,147,030 | $11,147,030 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,000,000 | $2,580,494 | $6,419,506 | — | $9,000,000 | $9,000,000 | ~$184,184 | Partial |
| 2024 | $9,646,985 | — | — | — | — | $— | $171,355 | Verified |
| 2023 | $8,513,850 | — | — | — | — | $— | $174,538 | Verified |
| 2022 | $4,706,632 | — | — | — | — | $— | $168,142 | Verified |
| 2021 | $— | — | — | — | — | $— | $102,448 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +67.7% | +67.7% | ~100% | Not available | Partial |
| 2025 | -16.3% | -16.3% | ~100% | Not available | Partial |
| 2024 | +11.5% | +11.5% | ~100% | 1.5900% | Verified |
| 2023 | +13.3% | +13.3% | ~100% | 1.8100% | Verified |
| 2022 | +80.9% ! | +80.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +91.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.9% | +27.9% | +19.3% | +80.9% | 2023 | -6.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$184,184 | $174,555 | ~$234,831 | $184,184 | 2025 | $168,142 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,170,860 | ~$9,900,000 | ~2.0139% | ~$199,380 | +24.1% |
| 2027 | ~$13,865,345 | ~$10,890,000 | ~1.9814% | ~$215,773 | +54.1% |
| 2028 | ~$17,209,758 | ~$11,979,000 | ~1.9488% | ~$233,451 | +91.2% |
| 2029 | ~$21,360,866 | ~$13,176,900 | ~1.9163% | ~$252,508 | +137.3% |
| 2030 | ~$26,513,249 | ~$14,494,590 | ~1.8837% | ~$273,041 | +194.6% |
| 2026 | ~$10,990,860 | ~$9,900,000 | ~2.0465% | ~$202,602 | +22.1% |
| 2027 | ~$13,422,111 | ~$10,890,000 | ~2.0465% | ~$222,862 | +49.1% |
| 2028 | ~$16,391,171 | ~$11,979,000 | ~2.0465% | ~$245,148 | +82.1% |
| 2029 | ~$20,017,007 | ~$13,176,900 | ~2.0465% | ~$269,663 | +122.4% |
| 2030 | ~$24,444,901 | ~$14,494,590 | ~2.0465% | ~$296,630 | +171.6% |
| 2026 | ~$11,350,860 | ~$9,900,000 | ~1.9977% | ~$197,769 | +26.1% |
| 2027 | ~$14,315,780 | ~$10,890,000 | ~1.9488% | ~$212,229 | +59.1% |
| 2028 | ~$18,055,156 | ~$11,979,000 | ~1.9000% | ~$227,603 | +100.6% |
| 2029 | ~$22,771,283 | ~$13,176,900 | ~1.8512% | ~$243,930 | +153.0% |
| 2030 | ~$28,719,293 | ~$14,494,590 | ~1.8024% | ~$261,246 | +219.1% |
In 2025, this property's market value of $9,000,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 106× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $9,000,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $9,646,985 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $8,513,850 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $4,706,632 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | 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.