112 ACADEMY DR B TX 78704
| Owner | 112 ACADEMY LLC |
|---|---|
| Parcel ID | 0201010301 |
| Short ID | 187787 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 11,570 SF |
| Land SF | 45,599 SF |
| Acres | 1.047 |
| Year Built | 1887 |
| Legal | ALL OF BLK 72 FAIRVIEW PARK (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 37SC2 |
| Land | $7,295,776 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,295,776 |
| Improvement | $1,434,224 |
|---|---|
| Total Improvement | $1,434,224 |
| Market | $8,730,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,730,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,730,000 |
| Exemptions on file | HT |
|---|---|
| Taxable Value | $8,730,000 |
Appreciation: Market value has risen +24.5% from $7,010,000 (2021) to $8,730,000 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. 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 Commercial parcel countywide rose +17.8%, so this parcel has outpaced 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 $178,658. Austin ISD is the largest single contributor, at 48.9% 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 84% of market value ($7,295,776 land vs $1,434,224 improvements), about $160/SF of land. With value concentrated in the land under a ~139-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $8,730,000, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +9.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,680,251 by 2031, with an estimated annual tax burden around $314,213. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 7,134 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,522 SF | ✗ |
| 491 | SPRINKLER HEADS | 3,316 SF | ✗ |
| 2ND | 2nd Floor | 2,969 SF | ✓ |
| 611 | TERRACE | 1,582 SF | ✗ |
| 501 | CANOPY | 1,491 SF | ✗ |
| RSBLW | Residence Below | 1,007 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 563 SF | ✗ |
| 601 | POOL COMM'L | 500 SF | ✗ |
| 3RD | 3rd Floor | 460 SF | ✓ |
| 613C | TERRACE COVERED COMM | 408 SF | ✗ |
| 327 | STORAGE COMM'L | 283 SF | ✓ |
| 511 | DECK | 228 SF | ✗ |
| 437 | FENCE MASON LF | 150 SF | ✗ |
| 630C | PORCH CLOS FIN COMM | 132 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 24 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
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.
| 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% | $69,015.03 | $69,015.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $32,431.12 | $32,431.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,260.84 | $23,260.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,026.82 | $9,026.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,304.38 | $7,304.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $141,038.19 | $141,038.19 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $69,015.03 | 48.9% |
| CAT City of Austin | 0.5240% | $32,431.12 | 23.0% |
| TCO Travis County | 0.3758% | $23,260.84 | 16.5% |
| ACT Austin Community College | 0.1034% | $9,026.82 | 6.4% |
| THD Travis Central Health | 0.1180% | $7,304.38 | 5.2% |
| Total | 2.0465% | $141,038.19 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,813,351 | $8,730,000 | +23.9% |
| Assessed Value | $10,813,351 | $8,730,000 | +23.9% |
| Land Value | $7,295,776 | $7,295,776 | +0.0% |
| Improvement Value | $3,517,575 | $1,434,224 | +145.3% |
| Taxable Value | $10,813,351 | $8,730,000 | +23.9% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$221,294
Estimated
|
~$141,038
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,813,351 | $7,295,776 | $3,517,575 | — | $10,813,351 | $10,813,351 | Not yet — post-cert | Preliminary |
| 2025 | $8,730,000 | $7,295,776 | $1,434,224 | — | $8,730,000 | $8,730,000 | ~$141,038 | Partial |
| 2024 | $8,173,844 | $7,295,776 | $878,068 | — | $8,173,844 | $5,910,866 | $130,190 | Verified |
| 2023 | $11,554,231 | $7,295,776 | $4,258,455 | — | $11,554,231 | $9,979,714 | $158,409 | Verified |
| 2022 | $8,140,000 | $3,647,888 | $4,492,112 | — | $8,140,000 | $3,312,477 | $117,244 | Verified |
| 2021 | $7,010,000 | $3,647,888 | $3,362,112 | — | $7,010,000 | $5,587,374 | $49,931 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.9% | +23.9% | ~100% | Not available | Partial |
| 2025 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2024 | -29.3% | -29.3% | ~100% | No billing data | Verified |
| 2023 | +41.9% | +41.9% | ~100% | No billing data | Verified |
| 2022 | +16.1% | +16.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.9% | +11.9% | +9.1% | +41.9% | 2023 | -29.3% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$141,038 | $119,362 | ~$274,590 | $158,409 | 2023 | $49,931 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,792,578 | ~$11,792,578 | ~2.0139% | ~$237,495 | +9.1% |
| 2028 | ~$12,860,481 | ~$12,860,481 | ~1.9814% | ~$254,816 | +18.9% |
| 2029 | ~$14,025,090 | ~$14,025,090 | ~1.9488% | ~$273,326 | +29.7% |
| 2030 | ~$15,295,164 | ~$15,295,164 | ~1.9163% | ~$293,100 | +41.4% |
| 2031 | ~$16,680,251 | ~$16,680,251 | ~1.8837% | ~$314,213 | +54.3% |
| 2027 | ~$11,576,311 | ~$11,576,311 | ~2.0465% | ~$236,907 | +7.1% |
| 2028 | ~$12,393,103 | ~$12,393,103 | ~2.0465% | ~$253,623 | +14.6% |
| 2029 | ~$13,267,526 | ~$13,267,526 | ~2.0465% | ~$271,518 | +22.7% |
| 2030 | ~$14,203,646 | ~$14,203,646 | ~2.0465% | ~$290,675 | +31.4% |
| 2031 | ~$15,205,816 | ~$15,205,816 | ~2.0465% | ~$311,185 | +40.6% |
| 2027 | ~$12,008,845 | ~$11,894,686 | ~1.9977% | ~$237,616 | +11.1% |
| 2028 | ~$13,336,509 | ~$13,084,155 | ~1.9488% | ~$254,989 | +23.3% |
| 2029 | ~$14,810,957 | ~$14,392,570 | ~1.9000% | ~$273,461 | +37.0% |
| 2030 | ~$16,448,415 | ~$15,831,827 | ~1.8512% | ~$293,078 | +52.1% |
| 2031 | ~$18,266,906 | ~$17,415,010 | ~1.8024% | ~$313,883 | +68.9% |
In 2025, this property's market value of $8,730,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× the county median of $1,382,921. 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 | $8,730,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,173,844 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $11,554,231 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $8,140,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $7,010,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |