7211 CIRCLE S RD TX 78745
| Owner | 3423 CIRCLE S LLC |
|---|---|
| Parcel ID | 0424070301 |
| Short ID | 512680 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 72,660 SF |
| Land SF | 564,766 SF |
| Acres | 12.965 |
| Year Built | 1971 |
| Legal | LOT 1 LENOX INDUSTRIAL PARK SUBD |
| Neighborhood | 69SOU |
| Land | $11,295,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,295,320 |
| Improvement | $911,586 |
|---|---|
| Total Improvement | $911,586 |
| Market | $12,206,906 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,206,906 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,206,906 |
| Taxable Value | $12,206,906 |
|---|
Appreciation: Market value has risen +270.9% from $3,291,348 (2021) to $12,206,906 (2025), a CAGR of 38.8% 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 $249,813. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 93% of market value ($11,295,320 land vs $911,586 improvements), about $20/SF of land. With value concentrated in the land under a ~55-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 $12,206,906, 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 +38.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $62,826,859 by 2030, with an estimated annual tax burden around $370,331. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 093 | HVAC COMMRCL SF | 70,883 SF | ✗ |
| 491 | SPRINKLER HEADS | 70,883 SF | ✗ |
| 1ST | 1st Floor | 65,460 SF | ✓ |
| 881 | COMMCL FINISHOUT | 29,297 SF | ✓ |
| SO | Sketch Only | 25,364 SF | ✗ |
| 551 | PAVED AREA | 14,660 SF | ✗ |
| 2ND | 2nd Floor | 7,200 SF | ✓ |
| 501 | CANOPY | 2,007 SF | ✗ |
| 611 | TERRACE | 780 SF | ✗ |
| 571C | STORAGE DET COMM | 773 SF | ✓ |
| 273 | COLDSTG VAULT SM | 704 SF | ✓ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 589 | STORAGE ATT FV | 1 SF | ✓ |
Market value changed by 151% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $112,938.29 | $112,938.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $63,966.26 | $63,966.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,879.05 | $45,879.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,406.96 | $14,406.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,621.94 | $12,621.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $249,812.50 | $249,812.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,565,920 | $12,206,906 | -21.6% |
| Assessed Value | $9,565,920 | $12,206,906 | -21.6% |
| Land Value | $11,295,320 | $11,295,320 | +0.0% |
| Improvement Value | — | $911,586 | — |
| Taxable Value | $9,565,920 | $12,206,906 | -21.6% |
| Total Tax 2026 = estimate |
~$195,765
Estimated
|
~$249,812
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,220,370 | $9,565,920 | -2,654,450 (-21.7%) |
| Taxable Value | $12,220,370 | $9,565,920 | -2,654,450 (-21.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,565,920 | $11,295,320 | — | — | $9,565,920 | $9,565,920 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,206,906 | $11,295,320 | $911,586 | — | $12,206,906 | $12,206,906 | ~$249,812 | Partial |
| 2024 | $12,500,000 | — | — | −$1,204,680 | $11,295,320 | $— | $241,662 | Verified |
| 2023 | $7,693,290 | — | — | — | $11,295,320 ! | $— | $226,156 | Verified |
| 2022 | $6,402,621 | — | — | −$4,708,323 | $1,694,298 | $— | $151,937 | Verified |
| 2021 | $3,291,348 | — | — | −$1,705,590 | $1,585,758 | $— | $139,365 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -36.8% | -36.8% | ~100% | 1.9800% | Verified |
| 2023 | +150.8% ! | +150.8% | ~100% | 1.1700% | Verified |
| 2022 | +20.2% | +20.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 4.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +90.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.6% | +30.7% | +46.4% | +94.5% | 2022 | -21.6% | 2026 |
| Assessment Ratio | 100.0% | 85.3% | — | 146.8% | 2023 | 26.5% | 2022 |
| 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 |
$249,812 | $201,786 | ~$318,506 | $249,812 | 2025 | $139,365 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,940,006 | ~$13,427,597 | ~2.0139% | ~$270,423 | +38.8% |
| 2027 | ~$23,508,315 | ~$14,770,356 | ~1.9814% | ~$292,658 | +92.6% |
| 2028 | ~$32,623,417 | ~$16,247,392 | ~1.9488% | ~$316,636 | +167.3% |
| 2029 | ~$45,272,804 | ~$17,872,131 | ~1.9163% | ~$342,482 | +270.9% |
| 2030 | ~$62,826,859 | ~$19,659,344 | ~1.8837% | ~$370,331 | +414.7% |
| 2026 | ~$16,695,867 | ~$13,427,597 | ~2.0465% | ~$274,794 | +36.8% |
| 2027 | ~$22,835,597 | ~$14,770,356 | ~2.0465% | ~$302,273 | +87.1% |
| 2028 | ~$31,233,148 | ~$16,247,392 | ~2.0465% | ~$332,500 | +155.9% |
| 2029 | ~$42,718,811 | ~$17,872,131 | ~2.0465% | ~$365,750 | +250.0% |
| 2030 | ~$58,428,205 | ~$19,659,344 | ~2.0465% | ~$402,326 | +378.6% |
| 2026 | ~$17,184,144 | ~$13,427,597 | ~1.9977% | ~$268,238 | +40.8% |
| 2027 | ~$24,190,798 | ~$14,770,356 | ~1.9488% | ~$287,851 | +98.2% |
| 2028 | ~$34,054,342 | ~$16,247,392 | ~1.9000% | ~$308,703 | +179.0% |
| 2029 | ~$47,939,642 | ~$17,872,131 | ~1.8512% | ~$330,848 | +292.7% |
| 2030 | ~$67,486,527 | ~$19,659,344 | ~1.8024% | ~$354,334 | +452.9% |
In 2025, this property's market value of $12,206,906 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,206,906 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,693,290 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,402,621 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,291,348 | $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.