11924 RING DR 78653
| Owner | NF II DEVELOPMENT LLC |
|---|---|
| Parcel ID | 0237670116 |
| Short ID | 950004 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 13,128 SF |
| Land SF | 56,222 SF |
| Acres | 1.291 |
| Year Built | 2023 |
| Legal | LOT 12A BLK A MANOR COMMONS SE COMMERCIAL |
| Neighborhood | FE3 |
| Land | $281,110 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $281,110 |
| Improvement | $1,925,629 |
|---|---|
| Total Improvement | $1,925,629 |
| Market | $2,206,739 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,206,739 |
| Value Limitation Adjustment (−) (homestead cap) | −$206,465 |
| Net Appraised (assessed) | $2,000,274 |
| Taxable Value | $2,000,274 |
|---|
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 $52,655. Manor ISD is the largest single contributor, at 41.1% of the total 2025 levy.
Assessment Gap: Assessed value ($2,000,274) is $206,465 below market value, suggesting potential for an upward assessment in future years.
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 13% of market value ($281,110 land vs $1,925,629 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 $2,206,739, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 13,128 SF | ✓ |
Market value changed by 493% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $21,630.96 | $21,630.96 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $17,076.34 | $17,076.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,517.93 | $7,517.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,360.78 | $2,360.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,068.28 | $2,068.28 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $2,000.27 | $2,000.27 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $52,654.56 | $52,654.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,500,542 | $2,206,739 | +13.3% |
| Assessed Value | $2,500,542 | $2,000,274 | +25.0% |
| Land Value | $281,110 | $281,110 | +0.0% |
| Improvement Value | $2,219,432 | $1,925,629 | +15.3% |
| Taxable Value | $2,500,542 | $2,000,274 | +25.0% |
| Total Tax 2026 = estimate |
~$65,823
Estimated
|
~$52,655
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,593,180 | $2,500,542 | -92,638 (-3.6%) |
| Taxable Value | $2,593,180 | $2,500,542 | -92,638 (-3.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,500,542 | $281,110 | $2,219,432 | — | $2,500,542 | $2,500,542 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,206,739 | $281,110 | $1,925,629 | −$206,465 | $2,000,274 | $2,000,274 | ~$52,655 | Partial |
| 2024 | $— | — | — | — | $281,110 | $— | $43,153 | Verified |
| 2023 | $— | — | — | — | $281,110 | $— | $6,654 | Verified |
| 2022 | $— | — | — | — | $281,110 | $— | $7,631 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.5% | +29.6% | ~100% | Not available | Partial |
| 2025 | +32.4% | +20.0% | 90.6% | Not available | Partial |
| 2024 | +493.0% ! | +493.0% | ~100% | 2.5900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.3700% | Verified |
| 2022 | base year | — | ~100% | 2.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +685.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.3% | +13.3% | — | +13.3% | 2026 | +13.3% | 2026 |
| Assessment Ratio | 100.0% | 95.3% | — | 100.0% | 2026 | 90.6% | 2025 |
| Effective Tax Rate (2025) | 2.3900% | 2.3900% | — | 2.3900% | 2025 | 2.3900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$52,655 | $52,655 | — | $52,655 | 2025 | $52,655 | 2025 |
In 2025, this property's market value of $2,206,739 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 26× the county median of $85,028. 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 | $2,206,739 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.