11918 RING DR 78653
| Owner | SAI GEETA LLC |
|---|---|
| Parcel ID | 0237670117 |
| Short ID | 950005 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 36,797 SF |
| Land SF | 85,957 SF |
| Acres | 1.973 |
| Year Built | 2023 |
| Legal | LOT 12B BLK A MANOR COMMONS SE COMMERCIAL |
| Neighborhood | FE3 |
| Land | $429,785 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $429,785 |
| Improvement | $7,670,215 |
|---|---|
| Total Improvement | $7,670,215 |
| Market | $8,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,100,000 |
| Taxable Value | $8,100,000 |
|---|
Appreciation: Market value has risen +1784.7% from $429,785 (2022) to $8,100,000 (2025), a CAGR of 166.1% over 3 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +53.5%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $213,222. Manor ISD is the largest single contributor, at 41.1% 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 5% of market value ($429,785 land vs $7,670,215 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,100,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, 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 +127.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $693,131,594 by 2031, with an estimated annual tax burden around $16,718,190. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 54,624 SF | ✗ |
| 1ST | 1st Floor | 12,267 SF | ✓ |
| 2ND | 2nd Floor | 12,265 SF | ✓ |
| 3RD | 3rd Floor | 12,265 SF | ✓ |
| 4TH | 4th Floor | 12,265 SF | ✓ |
| 501 | CANOPY | 1,864 SF | ✗ |
| 601 | POOL COMM'L | 500 SF | ✗ |
| 482 | LIGHT POLES | 20 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $87,593.40 | $87,593.40 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $69,149.70 | $69,149.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30,443.45 | $30,443.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,559.86 | $9,559.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,375.40 | $8,375.40 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $8,100.00 | $8,100.00 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $213,221.81 | $213,221.81 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $87,593.40 | 41.1% |
| CMA City of Manor | 0.8537% | $69,149.70 | 32.4% |
| TCO Travis County | 0.3758% | $30,443.45 | 14.3% |
| THD Travis Central Health | 0.1180% | $9,559.86 | 4.5% |
| ACT Austin Community College | 0.1034% | $8,375.40 | 3.9% |
| E12 Travis County ESD # 12 | 0.1000% | $8,100.00 | 3.8% |
| Total | 2.6324% | $213,221.81 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,450,790 | $8,100,000 | +41.4% |
| Assessed Value | $11,450,790 | $8,100,000 | +41.4% |
| Land Value | $429,785 | $429,785 | +0.0% |
| Improvement Value | $11,021,005 | $7,670,215 | +43.7% |
| Taxable Value | $11,450,790 | $8,100,000 | +41.4% |
| Total Tax 2026 = estimate |
~$301,427
Estimated
|
~$213,222
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,450,790 | $429,785 | $11,021,005 | — | $11,450,790 | $11,450,790 | Not yet — post-cert | Preliminary |
| 2025 | $8,100,000 | $429,785 | $7,670,215 | — | $8,100,000 | $8,100,000 | ~$213,222 | Partial |
| 2024 | $9,200,000 | $429,785 | $8,770,215 | — | $9,200,000 | $9,200,000 | $238,171 | Verified |
| 2023 | $429,785 | $429,785 | — | — | $429,785 | $429,785 | $10,174 | Verified |
| 2022 | $429,785 | $429,785 | — | — | $429,785 | $429,785 | $11,667 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.4% | +41.4% | ~100% | Not available | Partial |
| 2025 | -12.0% | -12.0% | ~100% | Not available | Partial |
| 2024 | +2040.6% ! | +2040.6% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1784.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +41.4% | +517.5% | +127.2% | +2040.6% | 2024 | -12.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.6300% | 2.6300% | — | 2.6300% | 2025 | 2.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$213,222 | $118,308 | ~$5,949,126 | $238,171 | 2024 | $10,174 | 2023 |
Market value changed by 2041% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$26,015,459 | ~$26,015,459 | ~2.5883% | ~$673,356 | +127.2% |
| 2028 | ~$59,105,453 | ~$59,105,453 | ~2.5442% | ~$1,503,768 | +416.2% |
| 2029 | ~$134,283,792 | ~$134,283,792 | ~2.5001% | ~$3,357,276 | +1072.7% |
| 2030 | ~$305,084,151 | ~$305,084,151 | ~2.4561% | ~$7,493,041 | +2564.3% |
| 2031 | ~$693,131,594 | ~$693,131,594 | ~2.4120% | ~$16,718,190 | +5953.1% |
| 2027 | ~$25,786,444 | ~$25,786,444 | ~2.6324% | ~$678,794 | +125.2% |
| 2028 | ~$58,069,415 | ~$58,069,415 | ~2.6324% | ~$1,528,601 | +407.1% |
| 2029 | ~$130,768,592 | ~$130,768,592 | ~2.6324% | ~$3,442,311 | +1042.0% |
| 2030 | ~$294,482,470 | ~$294,482,470 | ~2.6324% | ~$7,751,862 | +2471.7% |
| 2031 | ~$663,155,606 | ~$663,155,606 | ~2.6324% | ~$17,456,696 | +5691.4% |
| 2027 | ~$26,244,475 | ~$26,244,475 | ~2.5663% | ~$673,499 | +129.2% |
| 2028 | ~$60,150,651 | ~$60,150,651 | ~2.5001% | ~$1,503,847 | +425.3% |
| 2029 | ~$137,861,429 | ~$137,861,429 | ~2.4340% | ~$3,355,572 | +1103.9% |
| 2030 | ~$315,969,541 | ~$315,969,541 | ~2.3679% | ~$7,481,848 | +2659.4% |
| 2031 | ~$724,181,894 | ~$724,181,894 | ~2.3018% | ~$16,669,109 | +6224.3% |
In 2025, this property's market value of $8,100,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 96× the county median of $84,423. 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 | $8,100,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $9,200,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $429,785 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $429,785 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 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 | 2022–2024 | 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 | 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Coordinates cached from a prior lookup | — |