110 THE CIRCLE TX 78704
| Owner | NELSON JONATHAN ETAL |
|---|---|
| Parcel ID | 0300010513 |
| Short ID | 445650 |
| Type | Real |
| Use Code | 37 Motel — Extended Stay |
| Valuation | Income |
| Improvement SF | 3,580 SF |
| Land SF | 11,928 SF |
| Acres | 0.274 |
| Year Built | 2008 |
| Legal | LOT 6 BLK 7&8 BENSON |
| Neighborhood | 37SC2 |
| Land | $1,431,377 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,431,377 |
| Improvement | $454,587 |
|---|---|
| Total Improvement | $454,587 |
| Market | $1,885,964 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,885,964 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,885,964 |
| Taxable Value | $1,885,964 |
|---|
Appreciation: Market value has risen +32.4% from $1,424,923 (2021) to $1,885,964 (2025), a CAGR of 7.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 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 $38,596. 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 76% of market value ($1,431,377 land vs $454,587 improvements), about $120/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,885,964, this parcel sits in the upper-middle (50th–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 +7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,677,385 by 2030, with an estimated annual tax burden around $50,435. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,580 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,580 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 2,391 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 1,035 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 63 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 3 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% | $17,448.94 | $17,448.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,882.77 | $9,882.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,088.30 | $7,088.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,225.87 | $2,225.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,950.09 | $1,950.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,595.97 | $38,595.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,306,922 | $1,885,964 | +22.3% |
| Assessed Value | $2,263,157 | $1,885,964 | +20.0% |
| Land Value | $1,431,377 | $1,431,377 | +0.0% |
| Improvement Value | $875,545 | $454,587 | +92.6% |
| Taxable Value | $2,263,157 | $1,885,964 | +20.0% |
| HS Cap Loss | -$43,765 | — | |
| Total Tax 2026 = estimate |
~$46,315
Estimated
|
~$38,596
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,306,922 | $2,306,922 | +0 (+0.0%) |
| Taxable Value | $2,263,157 | $2,263,157 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,306,922 | $1,431,377 | $875,545 | −$43,765 | $2,263,157 | $2,263,157 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,885,964 | $1,431,377 | $454,587 | — | $1,885,964 | $1,885,964 | ~$38,596 | Partial |
| 2024 | $1,788,000 | — | — | −$356,623 | $1,431,377 | $— | $31,448 | Verified |
| 2023 | $1,424,923 | — | — | — | $1,431,377 ! | $— | $26,818 | Verified |
| 2022 | $1,424,923 | — | — | −$53,187 | $1,371,736 | $— | $26,177 | Verified |
| 2021 | $1,424,923 | — | — | −$53,187 | $1,371,736 | $— | $28,858 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.3% | +20.0% | 98.1% | Not available | Partial |
| 2025 | +18.9% | +18.9% | ~100% | Not available | Partial |
| 2024 | -11.3% | -2.9% | ~100% | 1.9800% | Verified |
| 2023 | +25.5% | +14.6% | 91.4% | 1.5000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.3% | +10.7% | +3.3% | +25.5% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 98.1% | 95.2% | — | 100.5% | 2023 | 80.1% | 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 |
$38,596 | $30,379 | ~$45,471 | $38,596 | 2025 | $26,177 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,022,874 | ~$2,022,874 | ~2.0139% | ~$40,739 | +7.3% |
| 2027 | ~$2,169,724 | ~$2,169,724 | ~1.9814% | ~$42,991 | +15.0% |
| 2028 | ~$2,327,233 | ~$2,327,233 | ~1.9488% | ~$45,354 | +23.4% |
| 2029 | ~$2,496,177 | ~$2,496,177 | ~1.9163% | ~$47,834 | +32.4% |
| 2030 | ~$2,677,385 | ~$2,677,385 | ~1.8837% | ~$50,435 | +42.0% |
| 2026 | ~$1,985,155 | ~$1,985,155 | ~2.0465% | ~$40,626 | +5.3% |
| 2027 | ~$2,089,563 | ~$2,089,563 | ~2.0465% | ~$42,763 | +10.8% |
| 2028 | ~$2,199,462 | ~$2,199,462 | ~2.0465% | ~$45,012 | +16.6% |
| 2029 | ~$2,315,141 | ~$2,315,141 | ~2.0465% | ~$47,379 | +22.8% |
| 2030 | ~$2,436,905 | ~$2,436,905 | ~2.0465% | ~$49,871 | +29.2% |
| 2026 | ~$2,060,594 | ~$2,060,594 | ~1.9977% | ~$41,164 | +9.3% |
| 2027 | ~$2,251,393 | ~$2,251,393 | ~1.9488% | ~$43,876 | +19.4% |
| 2028 | ~$2,459,859 | ~$2,459,859 | ~1.9000% | ~$46,738 | +30.4% |
| 2029 | ~$2,687,628 | ~$2,687,628 | ~1.8512% | ~$49,753 | +42.5% |
| 2030 | ~$2,936,487 | ~$2,936,487 | ~1.8024% | ~$52,926 | +55.7% |
In 2025, this property's market value of $1,885,964 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% above 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 | $1,885,964 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,788,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,424,923 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,424,923 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,424,923 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.