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 (−) (HT) | −$2,541,056 |
|---|---|
| Taxable Value | $6,188,944 |
Appreciation: Market value has risen +4.8% from $8,332,000 (2021) to $8,730,000 (2025), a CAGR of 1.2% over 4 years. Growth has been relatively flat for this asset class. 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 Commercial parcel countywide rose +24.1%, so this parcel has lagged 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 $126,656. 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 $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,254,340 by 2030, with an estimated annual tax burden around $174,328. 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 | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,397,590 | $8,730,000 | +7.6% |
| Assessed Value | $9,397,590 | $8,730,000 | +7.6% |
| Land Value | $7,295,776 | $7,295,776 | +0.0% |
| Improvement Value | $2,101,814 | $1,434,224 | +46.5% |
| Taxable Value | $5,814,858 | $6,188,944 | -6.0% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$119,000
Estimated
|
~$141,038
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,813,351 | $9,397,590 | -1,415,761 (-13.1%) |
| Taxable Value | $7,230,619 | $5,814,858 | -1,415,761 (-19.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,397,590 | $7,295,776 | $2,101,814 | — | $9,397,590 | $5,814,858 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,730,000 | $7,295,776 | $1,434,224 | — | $8,730,000 | $6,188,944 | ~$141,038 | Partial |
| 2024 | $11,554,231 | — | — | −$4,258,455 | $7,295,776 | $— | $130,190 | Verified |
| 2023 | $8,140,000 | — | — | −$844,224 | $7,295,776 | $— | $158,409 | Verified |
| 2022 | $— | — | — | — | $3,647,888 | $— | $117,244 | Verified |
| 2021 | $8,332,000 | — | — | −$4,684,112 | $3,647,888 | $— | $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% | 1.5900% | Verified |
| 2023 | +41.9% | +41.9% | ~100% | 1.3700% | Verified |
| 2022 | +16.1% | +16.1% | ~100% | 1.4400% | Verified |
| 2021 | base year | — | ~100% | 0.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.6% | +5.7% | -0.3% | +41.9% | 2024 | -24.4% | 2025 |
| Assessment Ratio | 100.0% | 79.3% | — | 100.0% | 2025 | 43.8% | 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 | $119,892 | ~$176,148 | $158,409 | 2023 | $49,931 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,832,436 | ~$8,832,436 | ~2.0139% | ~$177,880 | +1.2% |
| 2027 | ~$8,936,074 | ~$8,936,074 | ~1.9814% | ~$177,058 | +2.4% |
| 2028 | ~$9,040,927 | ~$9,040,927 | ~1.9488% | ~$176,193 | +3.6% |
| 2029 | ~$9,147,012 | ~$9,147,012 | ~1.9163% | ~$175,283 | +4.8% |
| 2030 | ~$9,254,340 | ~$9,254,340 | ~1.8837% | ~$174,328 | +6.0% |
| 2026 | ~$8,657,836 | ~$8,657,836 | ~2.0465% | ~$177,181 | -0.8% |
| 2027 | ~$8,586,268 | ~$8,586,268 | ~2.0465% | ~$175,717 | -1.6% |
| 2028 | ~$8,515,292 | ~$8,515,292 | ~2.0465% | ~$174,264 | -2.5% |
| 2029 | ~$8,444,903 | ~$8,444,903 | ~2.0465% | ~$172,824 | -3.3% |
| 2030 | ~$8,375,095 | ~$8,375,095 | ~2.0465% | ~$171,395 | -4.1% |
| 2026 | ~$9,007,036 | ~$9,007,036 | ~1.9977% | ~$179,930 | +3.2% |
| 2027 | ~$9,292,863 | ~$9,292,863 | ~1.9488% | ~$181,103 | +6.4% |
| 2028 | ~$9,587,761 | ~$9,587,761 | ~1.9000% | ~$182,169 | +9.8% |
| 2029 | ~$9,892,016 | ~$9,892,016 | ~1.8512% | ~$183,120 | +13.3% |
| 2030 | ~$10,205,927 | ~$10,205,927 | ~1.8024% | ~$183,949 | +16.9% |
In 2025, this property's market value of $8,730,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× the county median of $1,417,484. 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 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,554,231 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,140,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $8,332,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.