110 ACADEMY DR TX 78704
| Owner | HOTEL MAGDALENA JOINT |
|---|---|
| Parcel ID | 0201011403 |
| Short ID | 916346 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 31,350 SF |
| Land SF | 27,680 SF |
| Acres | 0.635 |
| Year Built | 2020 |
| Legal | UNT COMMERCIAL MASTER 1 HOTEL MAGDALENA MASTER CONDOMINIUMS PLUS 52.766 % INT IN COM AREA |
| Neighborhood | 34SC1 |
| Land | $4,705,598 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,705,598 |
| Improvement | $20,094,402 |
|---|---|
| Total Improvement | $20,094,402 |
| Market | $24,800,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,800,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,800,000 |
| Taxable Value | $24,800,000 |
|---|
Appreciation: Market value has risen +52.0% from $16,316,427 (2021) to $24,800,000 (2025), a CAGR of 11.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $507,528. 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 19% of market value ($4,705,598 land vs $20,094,402 improvements), about $170/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,800,000, 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 +10.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $43,524,351 by 2031, with an estimated annual tax burden around $808,470. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,450 SF | ✓ |
| 2ND | 2nd Floor | 10,450 SF | ✓ |
| 3RD | 3rd Floor | 10,450 SF | ✓ |
| 4TH | 4th Floor | 10,450 SF | ✓ |
| 5TH | 5th Floor | 10,450 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% | $229,449.60 | $229,449.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $129,956.22 | $129,956.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $93,209.56 | $93,209.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29,269.70 | $29,269.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,643.20 | $25,643.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $507,528.28 | $507,528.28 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $229,449.60 | 45.2% |
| CAT City of Austin | 0.5240% | $129,956.22 | 25.6% |
| TCO Travis County | 0.3758% | $93,209.56 | 18.4% |
| THD Travis Central Health | 0.1180% | $29,269.70 | 5.8% |
| ACT Austin Community College | 0.1034% | $25,643.20 | 5.1% |
| Total | 2.0465% | $507,528.28 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $26,648,863 | $24,800,000 | +7.5% |
| Assessed Value | $26,648,863 | $24,800,000 | +7.5% |
| Land Value | $4,705,598 | $4,705,598 | +0.0% |
| Improvement Value | $21,943,265 | $20,094,402 | +9.2% |
| Taxable Value | $26,648,863 | $24,800,000 | +7.5% |
| Total Tax 2026 = estimate |
~$545,365
Estimated
|
~$507,528
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $26,648,863 | $4,705,598 | $21,943,265 | — | $26,648,863 | $26,648,863 | Not yet — post-cert | Preliminary |
| 2025 | $24,800,000 | $4,705,598 | $20,094,402 | — | $24,800,000 | $24,800,000 | ~$507,528 | Partial |
| 2024 | $27,777,497 | $4,705,598 | $23,071,899 | — | $27,777,497 | $27,777,497 | $492,926 | Verified |
| 2023 | $26,064,581 | $4,705,598 | $21,358,983 | — | $26,064,581 | $26,064,581 | $471,573 | Verified |
| 2022 | $25,604,545 | $3,459,999 | $22,144,546 | — | $25,604,545 | $25,604,545 | $481,194 | Verified |
| 2021 | $16,316,427 | $3,459,999 | $12,856,428 | — | $16,316,427 | $16,316,427 | $355,156 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2025 | -10.7% | -10.7% | ~100% | Not available | Partial |
| 2024 | +6.6% | +6.6% | ~100% | No billing data | Verified |
| 2023 | +1.8% | +1.8% | ~100% | No billing data | Verified |
| 2022 | +56.9% | +56.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.5% | +12.4% | +10.3% | +56.9% | 2022 | -10.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$507,528 | $461,676 | ~$695,330 | $507,528 | 2025 | $355,156 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$29,396,079 | ~$29,313,749 | ~2.0139% | ~$590,360 | +10.3% |
| 2028 | ~$32,426,504 | ~$32,245,124 | ~1.9814% | ~$638,901 | +21.7% |
| 2029 | ~$35,769,334 | ~$35,469,637 | ~1.9488% | ~$691,246 | +34.2% |
| 2030 | ~$39,456,775 | ~$39,016,600 | ~1.9163% | ~$747,672 | +48.1% |
| 2031 | ~$43,524,351 | ~$42,918,260 | ~1.8837% | ~$808,470 | +63.3% |
| 2027 | ~$28,863,102 | ~$28,863,102 | ~2.0465% | ~$590,679 | +8.3% |
| 2028 | ~$31,261,321 | ~$31,261,321 | ~2.0465% | ~$639,758 | +17.3% |
| 2029 | ~$33,858,806 | ~$33,858,806 | ~2.0465% | ~$692,915 | +27.1% |
| 2030 | ~$36,672,115 | ~$36,672,115 | ~2.0465% | ~$750,489 | +37.6% |
| 2031 | ~$39,719,180 | ~$39,719,180 | ~2.0465% | ~$812,847 | +49.0% |
| 2027 | ~$29,929,056 | ~$29,313,749 | ~1.9977% | ~$585,590 | +12.3% |
| 2028 | ~$33,613,007 | ~$32,245,124 | ~1.9488% | ~$628,406 | +26.1% |
| 2029 | ~$37,750,413 | ~$35,469,637 | ~1.9000% | ~$673,929 | +41.7% |
| 2030 | ~$42,397,090 | ~$39,016,600 | ~1.8512% | ~$722,273 | +59.1% |
| 2031 | ~$47,615,724 | ~$42,918,260 | ~1.8024% | ~$773,546 | +78.7% |
In 2025, this property's market value of $24,800,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 18× 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 | $24,800,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $27,777,497 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $26,064,581 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $25,604,545 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $16,316,427 | $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 | — |