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 +160.0% from $9,539,557 (2021) to $24,800,000 (2025), a CAGR of 27.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, 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 $1,417,484 (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 +27.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $81,866,462 by 2030, with an estimated annual tax burden around $752,379. 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 | ✓ |
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% | $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 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,463,034 | $24,800,000 | -17.5% |
| Assessed Value | $20,463,034 | $24,800,000 | -17.5% |
| Land Value | $4,705,598 | $4,705,598 | +0.0% |
| Improvement Value | $15,757,436 | $20,094,402 | -21.6% |
| Taxable Value | $20,463,034 | $24,800,000 | -17.5% |
| Total Tax 2026 = estimate |
~$418,773
Estimated
|
~$507,528
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $26,648,863 | $20,463,034 | -6,185,829 (-23.2%) |
| Taxable Value | $26,648,863 | $20,463,034 | -6,185,829 (-23.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,463,034 | $4,705,598 | $15,757,436 | — | $20,463,034 | $20,463,034 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,800,000 | $4,705,598 | $20,094,402 | — | $24,800,000 | $24,800,000 | ~$507,528 | Partial |
| 2024 | $26,064,581 | — | — | −$21,358,983 | $4,705,598 | $— | $492,926 | Verified |
| 2023 | $24,300,000 | — | — | −$19,594,402 | $4,705,598 | $— | $471,573 | Verified |
| 2022 | $16,316,427 | — | — | −$12,856,428 | $3,459,999 | $— | $481,194 | Verified |
| 2021 | $9,539,557 | — | — | −$6,079,558 | $3,459,999 | $— | $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% | 1.7700% | Verified |
| 2023 | +1.8% | +1.8% | ~100% | 1.8100% | Verified |
| 2022 | +56.9% | +56.9% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 3.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.5% | +21.0% | +32.4% | +71.0% | 2022 | -17.5% | 2026 |
| Assessment Ratio | 100.0% | 49.2% | — | 100.0% | 2025 | 18.1% | 2024 |
| 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 | ~$647,089 | $507,528 | 2025 | $355,156 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,490,717 | ~$27,280,000 | ~2.0139% | ~$549,402 | +27.0% |
| 2027 | ~$39,986,502 | ~$30,008,000 | ~1.9814% | ~$594,575 | +61.2% |
| 2028 | ~$50,774,340 | ~$33,008,800 | ~1.9488% | ~$643,289 | +104.7% |
| 2029 | ~$64,472,596 | ~$36,309,680 | ~1.9163% | ~$695,799 | +160.0% |
| 2030 | ~$81,866,462 | ~$39,940,648 | ~1.8837% | ~$752,379 | +230.1% |
| 2026 | ~$30,994,717 | ~$27,280,000 | ~2.0465% | ~$558,281 | +25.0% |
| 2027 | ~$38,736,794 | ~$30,008,000 | ~2.0465% | ~$614,109 | +56.2% |
| 2028 | ~$48,412,740 | ~$33,008,800 | ~2.0465% | ~$675,520 | +95.2% |
| 2029 | ~$60,505,612 | ~$36,309,680 | ~2.0465% | ~$743,072 | +144.0% |
| 2030 | ~$75,619,126 | ~$39,940,648 | ~2.0465% | ~$817,379 | +204.9% |
| 2026 | ~$31,986,717 | ~$27,280,000 | ~1.9977% | ~$544,962 | +29.0% |
| 2027 | ~$41,256,051 | ~$30,008,000 | ~1.9488% | ~$584,808 | +66.4% |
| 2028 | ~$53,211,517 | ~$33,008,800 | ~1.9000% | ~$627,173 | +114.6% |
| 2029 | ~$68,631,522 | ~$36,309,680 | ~1.8512% | ~$672,163 | +176.7% |
| 2030 | ~$88,520,043 | ~$39,940,648 | ~1.8024% | ~$719,879 | +256.9% |
In 2025, this property's market value of $24,800,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $24,800,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $26,064,581 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $24,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,316,427 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,539,557 | $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.