701 E STASSNEY LN L TX 78744
| Owner | BROWNIE HOTELS INC |
|---|---|
| Parcel ID | 0420050306 |
| Short ID | 532174 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 35,112 SF |
| Land SF | 124,450 SF |
| Acres | 2.857 |
| Year Built | 2013 |
| Legal | LOT 7 BLK A STASSNEY HEIGHTS SOUTH RETAILSUBD |
| Neighborhood | 35SO1 |
| Land | $1,493,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,493,400 |
| Improvement | $8,946,670 |
|---|---|
| Total Improvement | $8,946,670 |
| Market | $10,440,070 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,440,070 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,440,070 |
| Taxable Value | $10,440,070 |
|---|
Appreciation: Market value has risen +9.9% from $9,500,000 (2021) to $10,440,070 (2025), a CAGR of 2.4% over 4 years. Growth has been relatively flat for this asset class. 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 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 $213,654. 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 14% of market value ($1,493,400 land vs $8,946,670 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,440,070, 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 +2.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,747,032 by 2030, with an estimated annual tax burden around $221,284. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 12,534 SF | ✓ |
| 3RD | 3rd Floor | 12,534 SF | ✓ |
| 4TH | 4th Floor | 12,534 SF | ✓ |
| 1ST | 1st Floor | 10,044 SF | ✓ |
| 611 | TERRACE | 4,044 SF | ✗ |
| LOBBY | Lobby | 3,399 SF | ✓ |
| 501 | CANOPY | 1,680 SF | ✗ |
| 601 | POOL COMM'L | 802 SF | ✗ |
| 327 | STORAGE COMM'L | 220 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% | $96,591.53 | $96,591.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $54,707.74 | $54,707.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,238.48 | $39,238.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,321.68 | $12,321.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,795.03 | $10,795.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $213,654.46 | $213,654.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,440,070 | $10,440,070 | +0.0% |
| Assessed Value | $10,440,070 | $10,440,070 | +0.0% |
| Land Value | $1,493,400 | $1,493,400 | +0.0% |
| Improvement Value | $8,946,670 | $8,946,670 | +0.0% |
| Taxable Value | $10,440,070 | $10,440,070 | +0.0% |
| Total Tax 2026 = estimate |
~$213,654
Estimated
|
~$213,654
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,886,989 | $10,440,070 | -446,919 (-4.1%) |
| Taxable Value | $10,886,989 | $10,440,070 | -446,919 (-4.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,440,070 | $1,493,400 | $8,946,670 | — | $10,440,070 | $10,440,070 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,440,070 | $1,493,400 | $8,946,670 | — | $10,440,070 | $10,440,070 | ~$213,654 | Partial |
| 2024 | $12,830,000 | — | — | −$11,336,600 | $1,493,400 | $— | $236,305 | Verified |
| 2023 | $9,750,000 | — | — | −$8,256,600 | $1,493,400 | $— | $217,073 | Verified |
| 2022 | $8,050,000 | — | — | −$7,054,400 | $995,600 | $— | $171,917 | Verified |
| 2021 | $9,500,000 | — | — | −$8,504,400 | $995,600 | $— | $153,468 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.3% | +4.3% | ~100% | Not available | Partial |
| 2025 | -15.6% | -15.6% | ~100% | Not available | Partial |
| 2024 | -3.6% | -3.6% | ~100% | 1.9100% | Verified |
| 2023 | +31.6% | +31.6% | ~100% | 1.6900% | Verified |
| 2022 | +21.1% | +21.1% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 1.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.8% | +2.4% | +31.6% | 2024 | -18.6% | 2025 |
| Assessment Ratio | 100.0% | 41.6% | — | 100.0% | 2025 | 10.5% | 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 |
$213,654 | $198,483 | ~$218,330 | $236,305 | 2024 | $153,468 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,689,278 | ~$10,689,278 | ~2.0139% | ~$215,275 | +2.4% |
| 2027 | ~$10,944,434 | ~$10,944,434 | ~1.9814% | ~$216,852 | +4.8% |
| 2028 | ~$11,205,681 | ~$11,205,681 | ~1.9488% | ~$218,381 | +7.3% |
| 2029 | ~$11,473,164 | ~$11,473,164 | ~1.9163% | ~$219,859 | +9.9% |
| 2030 | ~$11,747,032 | ~$11,747,032 | ~1.8837% | ~$221,284 | +12.5% |
| 2026 | ~$10,480,476 | ~$10,480,476 | ~2.0465% | ~$214,481 | +0.4% |
| 2027 | ~$10,521,039 | ~$10,521,039 | ~2.0465% | ~$215,311 | +0.8% |
| 2028 | ~$10,561,759 | ~$10,561,759 | ~2.0465% | ~$216,145 | +1.2% |
| 2029 | ~$10,602,636 | ~$10,602,636 | ~2.0465% | ~$216,981 | +1.6% |
| 2030 | ~$10,643,672 | ~$10,643,672 | ~2.0465% | ~$217,821 | +2.0% |
| 2026 | ~$10,898,079 | ~$10,898,079 | ~1.9977% | ~$217,707 | +4.4% |
| 2027 | ~$11,376,181 | ~$11,376,181 | ~1.9488% | ~$221,704 | +9.0% |
| 2028 | ~$11,875,258 | ~$11,875,258 | ~1.9000% | ~$225,632 | +13.7% |
| 2029 | ~$12,396,229 | ~$12,396,229 | ~1.8512% | ~$229,478 | +18.7% |
| 2030 | ~$12,940,056 | ~$12,940,056 | ~1.8024% | ~$233,228 | +23.9% |
In 2025, this property's market value of $10,440,070 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,440,070 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,830,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,750,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,050,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,500,000 | $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.