1221 S MO-PAC EXPRESSWAY TX 78746
| Owner | SKYWAY VENTURE LP |
|---|---|
| Parcel ID | 0105090201 |
| Short ID | 104410 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 99,925 SF |
| Land SF | 251,694 SF |
| Acres | 5.778 |
| Year Built | 2000 |
| Legal | LOT 4 WALLINGWOOD SEC I |
| Neighborhood | 51SWE |
| Land | $5,033,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,033,880 |
| Improvement | $38,463,765 |
|---|---|
| Total Improvement | $38,463,765 |
| Market | $43,497,645 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,497,645 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,497,645 |
| Taxable Value | $43,497,645 |
|---|
Appreciation: Market value has fallen -32.6% from $64,517,400 (2021) to $43,497,645 (2025), a CAGR of -9.4% 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.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $849,720. Eanes ISD is the largest single contributor, at 42.6% 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 12% of market value ($5,033,880 land vs $38,463,765 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 $43,497,645, 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 -7.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $29,080,657 by 2031, with an estimated annual tax burden around $487,281. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 207,873 SF | ✓ |
| 491 | SPRINKLER HEADS | 182,503 SF | ✗ |
| 4TH | 4th Floor | 40,380 SF | ✓ |
| 5TH | 5th Floor | 40,380 SF | ✓ |
| 3RD | 3rd Floor | 39,140 SF | ✓ |
| 2ND | 2nd Floor | 38,566 SF | ✓ |
| 551 | PAVED AREA | 25,840 SF | ✗ |
| 1ST | 1st Floor | 22,219 SF | ✓ |
| LOBBY | Lobby | 1,815 SF | ✓ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $361,987.40 | $361,987.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $227,935.05 | $227,935.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $163,483.72 | $163,483.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,337.23 | $51,337.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $44,976.56 | $44,976.56 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $849,719.96 | $849,719.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $361,987.40 | 42.6% |
| CAT City of Austin | 0.5240% | $227,935.05 | 26.8% |
| TCO Travis County | 0.3758% | $163,483.72 | 19.2% |
| THD Travis Central Health | 0.1180% | $51,337.23 | 6.0% |
| ACT Austin Community College | 0.1034% | $44,976.56 | 5.3% |
| Total | 1.9535% | $849,719.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $43,315,221 | $43,497,645 | -0.4% |
| Assessed Value | $43,315,221 | $43,497,645 | -0.4% |
| Land Value | $5,033,880 | $5,033,880 | +0.0% |
| Improvement Value | $38,281,341 | $38,463,765 | -0.5% |
| Taxable Value | $43,315,221 | $43,497,645 | -0.4% |
| Total Tax 2026 = estimate |
~$846,156
Estimated
|
~$849,720
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $43,315,221 | $5,033,880 | $38,281,341 | — | $43,315,221 | $43,315,221 | Not yet — post-cert | Preliminary |
| 2025 | $43,497,645 | $5,033,880 | $38,463,765 | — | $43,497,645 | $43,497,645 | ~$849,720 | Partial |
| 2024 | $49,347,000 | $5,033,880 | $44,313,120 | — | $49,347,000 | $49,347,000 | $894,203 | Verified |
| 2023 | $53,250,000 | $5,033,880 | $48,216,120 | — | $53,250,000 | $53,250,000 | $940,654 | Verified |
| 2022 | $70,816,750 | $5,033,880 | $65,782,870 | — | $70,816,750 | $70,816,750 | $1,404,242 | Verified |
| 2021 | $64,517,400 | $5,033,880 | $59,483,520 | — | $64,517,400 | $64,517,400 | $1,391,040 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | -7.3% | -7.3% | ~100% | No billing data | Verified |
| 2023 | -24.8% | -24.8% | ~100% | No billing data | Verified |
| 2022 | +9.8% | +9.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.4% | -6.9% | -7.7% | +9.8% | 2022 | -24.8% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$849,720 | $1,095,972 | ~$616,285 | $1,404,242 | 2022 | $849,720 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$39,997,539 | ~$39,997,539 | ~1.8979% | ~$759,118 | -7.7% |
| 2028 | ~$36,933,971 | ~$36,933,971 | ~1.8423% | ~$680,449 | -14.7% |
| 2029 | ~$34,105,054 | ~$34,105,054 | ~1.7868% | ~$609,377 | -21.3% |
| 2030 | ~$31,492,815 | ~$31,492,815 | ~1.7312% | ~$545,201 | -27.3% |
| 2031 | ~$29,080,657 | ~$29,080,657 | ~1.6756% | ~$487,281 | -32.9% |
| 2027 | ~$41,149,460 | ~$41,149,460 | ~1.9535% | ~$803,849 | -5.0% |
| 2028 | ~$39,091,987 | ~$39,091,987 | ~1.9535% | ~$763,656 | -9.7% |
| 2029 | ~$37,137,388 | ~$37,137,388 | ~1.9535% | ~$725,473 | -14.3% |
| 2030 | ~$35,280,518 | ~$35,280,518 | ~1.9535% | ~$689,200 | -18.5% |
| 2031 | ~$33,516,492 | ~$33,516,492 | ~1.9535% | ~$654,740 | -22.6% |
| 2027 | ~$40,863,843 | ~$40,863,843 | ~1.8701% | ~$764,205 | -5.7% |
| 2028 | ~$38,551,199 | ~$38,551,199 | ~1.7868% | ~$688,819 | -11.0% |
| 2029 | ~$36,369,436 | ~$36,369,436 | ~1.7034% | ~$619,519 | -16.0% |
| 2030 | ~$34,311,147 | ~$34,311,147 | ~1.6200% | ~$555,856 | -20.8% |
| 2031 | ~$32,369,345 | ~$32,369,345 | ~1.5367% | ~$497,414 | -25.3% |
In 2025, this property's market value of $43,497,645 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 31× 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 | $43,497,645 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $49,347,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $53,250,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $70,816,750 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $64,517,400 | $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 |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| 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 | — |