121 RALPH ABLANEDO DR TX 78745
| Owner | LH 35 LIMITED LIABILITY COMPANY |
|---|---|
| Parcel ID | 0430090803 |
| Short ID | 935271 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 51,930 SF |
| Land SF | 110,207 SF |
| Acres | 2.530 |
| Year Built | 2024 |
| Legal | LOT 2 BLK B OAKS AT SLAUGHTER |
| Neighborhood | 1SO2 |
| Land | $1,873,516 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,873,516 |
| Improvement | $11,862,019 |
|---|---|
| Total Improvement | $11,862,019 |
| Market | $13,735,535 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,735,535 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,735,535 |
| Taxable Value | $13,735,535 |
|---|
Appreciation: Market value has risen +1284.8% from $991,861 (2021) to $13,735,535 (2025), a CAGR of 92.9% 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 Land/Vacant parcel countywide rose +487.2%, 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 $281,096. 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 14% of market value ($1,873,516 land vs $11,862,019 improvements), about $17/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,735,535, 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 +92.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $366,934,914 by 2030, with an estimated annual tax burden around $416,707. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 79,341 SF | ✗ |
| 1ST | 1st Floor | 17,312 SF | ✓ |
| 2ND | 2nd Floor | 17,309 SF | ✓ |
| 3RD | 3rd Floor | 17,309 SF | ✓ |
| 4TH | 4th Floor | 17,309 SF | ✓ |
| 611 | TERRACE | 3,172 SF | ✗ |
| 601 | POOL COMM'L | 712 SF | ✗ |
Market value changed by 146% in 2023, 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% | $117,935.24 | $117,935.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $66,796.45 | $66,796.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $47,908.96 | $47,908.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,044.39 | $15,044.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,180.40 | $13,180.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $260,865.44 | $260,865.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,583,564 | $13,735,535 | -8.4% |
| Assessed Value | $12,583,564 | $13,735,535 | -8.4% |
| Land Value | $1,873,516 | $1,873,516 | +0.0% |
| Improvement Value | $10,710,048 | $11,862,019 | -9.7% |
| Taxable Value | $12,583,564 | $13,735,535 | -8.4% |
| Total Tax 2026 = estimate |
~$257,521
Estimated
|
~$260,865
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,583,564 | $12,583,564 | +0 (+0.0%) |
| Taxable Value | $12,583,564 | $12,583,564 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,583,564 | $1,873,516 | $10,710,048 | — | $12,583,564 | $12,583,564 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,735,535 | $1,873,516 | $11,862,019 | — | $13,735,535 | $13,735,535 | ~$260,865 | Partial |
| 2024 | $3,450,440 | — | — | −$1,576,924 | $1,873,516 | $— | $166,878 | Verified |
| 2023 | $— | — | — | — | $1,873,516 | $— | $62,427 | Verified |
| 2022 | $— | — | — | — | $1,405,137 | $— | $27,750 | Verified |
| 2021 | $991,861 | — | — | — | $991,861 | $— | $21,590 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | +305.3% ! | +305.3% | ~100% | 1.1900% | Verified |
| 2023 | +145.6% ! | +145.6% | ~100% | 1.8100% | Verified |
| 2022 | +41.7% | +41.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1284.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.4% | +179.2% | +96.4% | +298.1% | 2025 | -8.4% | 2026 |
| Assessment Ratio | 100.0% | 88.6% | — | 100.0% | 2021 | 54.3% | 2024 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$260,865 | $149,778 | ~$358,392 | $260,865 | 2025 | $21,590 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$26,496,851 | ~$15,109,089 | ~2.0139% | ~$304,287 | +92.9% |
| 2027 | ~$51,114,364 | ~$16,619,997 | ~1.9814% | ~$329,307 | +272.1% |
| 2028 | ~$98,603,346 | ~$18,281,997 | ~1.9488% | ~$356,287 | +617.9% |
| 2029 | ~$190,213,066 | ~$20,110,197 | ~1.9163% | ~$385,370 | +1284.8% |
| 2030 | ~$366,934,914 | ~$22,121,216 | ~1.8837% | ~$416,707 | +2571.4% |
| 2026 | ~$26,222,141 | ~$15,109,089 | ~2.0465% | ~$309,205 | +90.9% |
| 2027 | ~$50,059,984 | ~$16,619,997 | ~2.0465% | ~$340,126 | +264.5% |
| 2028 | ~$95,568,171 | ~$18,281,997 | ~2.0465% | ~$374,138 | +595.8% |
| 2029 | ~$182,446,627 | ~$20,110,197 | ~2.0465% | ~$411,552 | +1228.3% |
| 2030 | ~$348,303,953 | ~$22,121,216 | ~2.0465% | ~$452,707 | +2435.8% |
| 2026 | ~$26,771,562 | ~$15,109,089 | ~1.9977% | ~$301,829 | +94.9% |
| 2027 | ~$52,179,732 | ~$16,619,997 | ~1.9488% | ~$323,897 | +279.9% |
| 2028 | ~$101,702,114 | ~$18,281,997 | ~1.9000% | ~$347,361 | +640.4% |
| 2029 | ~$198,224,858 | ~$20,110,197 | ~1.8512% | ~$372,279 | +1343.2% |
| 2030 | ~$386,354,744 | ~$22,121,216 | ~1.8024% | ~$398,706 | +2712.8% |
In 2025, this property's market value of $13,735,535 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 162× 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 | $13,735,535 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $3,450,440 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $991,861 | $6,000 | $14,480 | $80,000 | ↑ 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.