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    Property profile & analytics

    921 Interstate 35 San Marcos, TX 78666-7036

    • Hotels
    • 6,615 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $745,000
    Last Sale
    Oct 27, 2023
    Location Intelligence
    Property ID
    US83-1705192
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 921 Interstate 35

    Year built
    1997
    Lot size
    0.63 lot acres
    Property size
    6,615 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    R87731
    APU
    R87731

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $690,000

    • CAP approach

      CAP return
      Estimation
      6%
      $955,000
      6.5%
      $1,010,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,010,000
      Geo Method
      $835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $970,000
      Mixed-Use
      $1,055,000
      Hospitality
      $850,000
      Educational
      $890,000
      Residential Income
      $1,070,000
      Energy
      $1,050,000
      Income-Based Land
      $1,030,000
      Food Service
      $1,095,000

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    Hays
    State
    Texas
    Longitude
    -97.9251
    Latitude
    29.8811
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,088
    $296,580
    $783,420
    $1,080,000
    -
    $296,580
    $783,420
    $1,080,000

    Comparable in this City

    • Value Estimation by Request
      55,570 SF

      2821 Leah Ave

      HOTEL/MOTEL • 55,570 SF
      2821 Leah Ave, San Marcos, TX 78666-7740
      View Details
    • Value Estimation
      $635,000
      8,496 SF

      801 Interstate 35

      HOTEL/MOTEL • 8,496 SF
      801 Interstate 35, San Marcos, TX 78666-7035
      View Details
    • Value Estimation
      $710,000
      25,004 SF

      903 Interstate 35

      HOTEL/MOTEL • 25,004 SF
      903 Interstate 35, San Marcos, TX 78666-7036
      View Details
    • Value Estimation
      $660,000
      6,789 SF

      1601 Interstate 35

      HOTEL/MOTEL • 6,789 SF
      1601 Interstate 35, San Marcos, TX 78666-6711
      View Details
    • Value Estimation by Request
      15,984 SF

      1321 Interstate 35

      HOTEL/MOTEL • 15,984 SF
      1321 Interstate 35, San Marcos, TX 78666-7102
      View Details
    • Value Estimation by Request
      74,439 SF

      451 Barnes Dr

      HOTEL/MOTEL • 74,439 SF
      451 Barnes Dr, San Marcos, TX 78666-5939
      View Details

    Similar Nearby for Sale

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      Value-add retail investment, high traffic
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      Land • 3.04 Acres
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    Similar Nearby for Lease

    • Contact for pricing
      81,801 SF

      San Marcos Warehouse Space Available

      81,801 SF warehouse with 32' clear height for lease.
      328 Barnes Dr, San Marcos, TX 78666
      View Details
    • $1,350 /Mo

      San Marcos Condo with Balcony

      Charming 2-bedroom condo near parks and local amenities.
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      161,000 SF

      Flex Warehouse & Mini Storage

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    • Contact for pricing
      55,000 SF

      San Marcos Warehouse Sublease Opportunity

      55,000 SF warehouse sublease near IH-35 and Amazon.
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    • Contact for pricing
      9,800 SF

      San Marcos Warehouse with Frontage

      9,800 SF warehouse with frontage and immediate highway access.
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      View Details
    • $2,500 /Mo

      Leasable Land Near San Marcos

      Approximately 4.5 acres of land available for lease.
      2854 Rattler Rd, San Marcos, TX 78666
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      959
    • Avg Time on site
      365 min
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    San Marcos, TX 78666-7036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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