7415 CIRCLE S RD TX 78745
| Owner | 3423 CIRCLE S LLC |
|---|---|
| Parcel ID | 0426070410 |
| Short ID | 576083 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 25,014 SF |
| Land SF | 317,552 SF |
| Acres | 7.290 |
| Year Built | 1970 |
| Legal | LOT 2A LENOX INDUSTRIAL PARK SUBD AMENDED PLAT OF LOTS 2,4,5,6& LOTS 7&8 |
| Neighborhood | 69SOU |
| Land | $3,175,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,175,520 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,119,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,119,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,119,000 |
| Taxable Value | $2,119,000 |
|---|
Appreciation: Market value has risen +23.7% from $1,712,500 (2021) to $2,119,000 (2025), a CAGR of 5.5% 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 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 $43,365. 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 150% of market value ($3,175,520 land vs $0 improvements), about $10/SF of land. With value concentrated in the land under a ~56-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 $2,119,000, 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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,765,390 by 2030, with an estimated annual tax burden around $52,093. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 46,200 SF | ✗ |
| 1ST | 1st Floor | 25,014 SF | ✓ |
| 491 | SPRINKLER HEADS | 25,014 SF | ✗ |
| 881 | COMMCL FINISHOUT | 3,920 SF | ✓ |
| 611 | TERRACE | 384 SF | ✗ |
| 501 | CANOPY | 300 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 091 | HVAC COMMRCL TON | 100 SF | ✗ |
Market value changed by 107% 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% | $19,604.99 | $19,604.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,103.92 | $11,103.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,964.16 | $7,964.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,500.91 | $2,500.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,191.05 | $2,191.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,365.03 | $43,365.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,455,111 | $2,119,000 | +110.2% |
| Assessed Value | $2,542,800 | $2,119,000 | +20.0% |
| Land Value | $3,175,520 | $3,175,520 | +0.0% |
| Improvement Value | $1,279,591 | — | — |
| Taxable Value | $2,542,800 | $2,119,000 | +20.0% |
| HS Cap Loss | -$1,912,311 | — | |
| Total Tax 2026 = estimate |
~$52,038
Estimated
|
~$43,365
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,018,378 | $4,455,111 | -563,267 (-11.2%) |
| Taxable Value | $2,542,800 | $2,542,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,455,111 | $3,175,520 | $1,279,591 | −$1,912,311 | $2,542,800 | $2,542,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,119,000 | $3,175,520 | — | — | $2,119,000 | $2,119,000 | ~$43,365 | Partial |
| 2024 | $2,076,819 | — | — | — | $2,119,000 ! | $— | $41,995 | Verified |
| 2023 | $2,525,119 | — | — | — | $3,175,520 ! | $— | $37,575 | Verified |
| 2022 | $2,448,610 | — | — | −$1,495,954 | $952,656 | $— | $49,869 | Verified |
| 2021 | $1,712,500 | — | — | −$759,844 | $952,656 | $— | $53,298 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +136.8% ! | +20.0% | 50.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -59.4% | -59.4% | ~100% | 1.9800% | Verified |
| 2023 | +106.8% ! | +106.8% | ~100% | 0.7200% | Verified |
| 2022 | +3.1% | +3.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +110.2% | +28.1% | -5.6% | +110.2% | 2026 | -17.8% | 2024 |
| Assessment Ratio | 57.1% | 79.9% | — | 125.8% | 2023 | 38.9% | 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 |
$43,365 | $45,220 | ~$48,500 | $53,298 | 2021 | $37,575 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,234,889 | ~$2,234,889 | ~2.0139% | ~$45,009 | +5.5% |
| 2027 | ~$2,357,117 | ~$2,357,117 | ~1.9814% | ~$46,704 | +11.2% |
| 2028 | ~$2,486,029 | ~$2,486,029 | ~1.9488% | ~$48,449 | +17.3% |
| 2029 | ~$2,621,992 | ~$2,621,992 | ~1.9163% | ~$50,245 | +23.7% |
| 2030 | ~$2,765,390 | ~$2,765,390 | ~1.8837% | ~$52,093 | +30.5% |
| 2026 | ~$2,192,509 | ~$2,192,509 | ~2.0465% | ~$44,869 | +3.5% |
| 2027 | ~$2,268,569 | ~$2,268,569 | ~2.0465% | ~$46,426 | +7.1% |
| 2028 | ~$2,347,267 | ~$2,347,267 | ~2.0465% | ~$48,036 | +10.8% |
| 2029 | ~$2,428,695 | ~$2,428,695 | ~2.0465% | ~$49,703 | +14.6% |
| 2030 | ~$2,512,948 | ~$2,512,948 | ~2.0465% | ~$51,427 | +18.6% |
| 2026 | ~$2,277,269 | ~$2,277,269 | ~1.9977% | ~$45,492 | +7.5% |
| 2027 | ~$2,447,360 | ~$2,447,360 | ~1.9488% | ~$47,695 | +15.5% |
| 2028 | ~$2,630,155 | ~$2,630,155 | ~1.9000% | ~$49,973 | +24.1% |
| 2029 | ~$2,826,603 | ~$2,826,603 | ~1.8512% | ~$52,326 | +33.4% |
| 2030 | ~$3,037,724 | ~$3,037,724 | ~1.8024% | ~$54,751 | +43.4% |
In 2025, this property's market value of $2,119,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +49% 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 | $2,119,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,076,819 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,525,119 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,448,610 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,712,500 | $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.