1601 S MO-PAC EXPRESSWAY TX 78746
| Owner | CITY OF AUSTIN |
|---|---|
| Parcel ID | 0104130203 |
| Short ID | 437617 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 154,150 SF |
| Land SF | 300,869 SF |
| Acres | 6.907 |
| Year Built | 2000 |
| Legal | LOT 2B WALLINGWOOD SEC II REPLAT OF LOT 2 |
| Neighborhood | 51SWE |
| Land | $6,017,380 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,017,380 |
| Improvement | $47,457,258 |
|---|---|
| Total Improvement | $47,457,258 |
| Market | $53,474,638 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $53,474,638 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $53,474,638 |
| Taxable Value | $53,474,638 |
|---|
Appreciation: Market value has fallen -25.9% from $72,141,500 (2021) to $53,474,638 (2025), a CAGR of -7.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 +17.8%, so this parcel has lagged the broader commercial market over the same period.
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 11% of market value ($6,017,380 land vs $47,457,258 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $53,474,638, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 -6.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $35,497,623 by 2031, with an estimated annual tax burden around $0. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 208,920 SF | ✗ |
| 187 | PARKING GARAGE | 156,672 SF | ✓ |
| 3RD | 3rd Floor | 52,698 SF | ✓ |
| 4TH | 4th Floor | 52,698 SF | ✓ |
| 1ST | 1st Floor | 50,726 SF | ✓ |
| 2ND | 2nd Floor | 50,726 SF | ✓ |
| 551 | PAVED AREA | 21,070 SF | ✗ |
| LOBBY | Lobby | 1,972 SF | ✓ |
| 501 | CANOPY | 1,926 SF | ✗ |
| 482 | LIGHT POLES | 22 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $50,604,859 | $53,474,638 | -5.4% |
| Assessed Value | $50,604,859 | $53,474,638 | -5.4% |
| Land Value | $6,017,380 | $6,017,380 | +0.0% |
| Improvement Value | $44,587,479 | $47,457,258 | -6.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $50,604,859 | $6,017,380 | $44,587,479 | — | $50,604,859 | $— | Not yet — post-cert | Preliminary |
| 2025 | $53,474,638 | $6,017,380 | $47,457,258 | — | $53,474,638 | $— | not in county billing file Why? | Partial |
| 2024 | $48,991,000 | $6,017,380 | $42,973,620 | — | $48,991,000 | $48,991,000 | $766,236 | Verified |
| 2023 | $58,315,928 | $6,017,380 | $52,298,548 | — | $58,315,928 | $58,315,928 | $991,421 | Verified |
| 2022 | $73,642,150 | $6,017,380 | $67,624,770 | — | $73,642,150 | $73,642,150 | $1,460,267 | Verified |
| 2021 | $72,141,500 | $6,017,380 | $66,124,120 | — | $72,141,500 | $72,141,500 | $1,555,338 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.4% | -5.4% | ~100% | Not available | Partial |
| 2025 | +9.2% | +9.2% | ~100% | Not available | Partial |
| 2024 | -16.0% | -16.0% | ~100% | No billing data | Verified |
| 2023 | -20.8% | -20.8% | ~100% | No billing data | Verified |
| 2022 | +2.1% | +2.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.4% | -6.2% | -6.8% | +9.2% | 2025 | -20.8% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $766,236 | $1,193,316 | — | $1,555,338 | 2021 | $766,236 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$47,140,440 | ~$47,140,440 | ~0.0000% | ~$0 | -6.8% |
| 2028 | ~$43,913,195 | ~$43,913,195 | ~0.0000% | ~$0 | -13.2% |
| 2029 | ~$40,906,889 | ~$40,906,889 | ~0.0000% | ~$0 | -19.2% |
| 2030 | ~$38,106,395 | ~$38,106,395 | ~0.0000% | ~$0 | -24.7% |
| 2031 | ~$35,497,623 | ~$35,497,623 | ~0.0000% | ~$0 | -29.9% |
| 2027 | ~$48,074,616 | ~$48,074,616 | ~0.0000% | ~$0 | -5.0% |
| 2028 | ~$45,670,885 | ~$45,670,885 | ~0.0000% | ~$0 | -9.8% |
| 2029 | ~$43,387,341 | ~$43,387,341 | ~0.0000% | ~$0 | -14.3% |
| 2030 | ~$41,217,974 | ~$41,217,974 | ~0.0000% | ~$0 | -18.5% |
| 2031 | ~$39,157,075 | ~$39,157,075 | ~0.0000% | ~$0 | -22.6% |
| 2027 | ~$48,152,537 | ~$48,152,537 | ~0.0000% | ~$0 | -4.8% |
| 2028 | ~$45,819,055 | ~$45,819,055 | ~0.0000% | ~$0 | -9.5% |
| 2029 | ~$43,598,654 | ~$43,598,654 | ~0.0000% | ~$0 | -13.8% |
| 2030 | ~$41,485,854 | ~$41,485,854 | ~0.0000% | ~$0 | -18.0% |
| 2031 | ~$39,475,441 | ~$39,475,441 | ~0.0000% | ~$0 | -22.0% |
In 2025, this property's market value of $53,474,638 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 39× the county median of $1,382,921. 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 | $53,474,638 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $48,991,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $58,315,928 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $73,642,150 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $72,141,500 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |