6801 RIVER PLACE BLVD TX 78730
| Owner | SE COSMOS LLC |
|---|---|
| Parcel ID | 0151370601 |
| Short ID | 153179 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 810,983 SF |
| Land SF | 4,670,140 SF |
| Acres | 107.212 |
| Year Built | 1987 |
| Legal | 107.2117 AC OF LOT 2&4 AUSTIN CENTER/3M |
| Neighborhood | 29MFG |
| Land | $16,740,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $16,740,560 |
| Improvement | $93,573,437 |
|---|---|
| Total Improvement | $93,573,437 |
| Market | $110,313,997 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $110,313,997 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $110,313,997 |
| Taxable Value | $110,313,997 |
|---|
Appreciation: Market value has risen +23.9% from $89,000,000 (2021) to $110,313,997 (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 +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,435,937. Leander ISD is the largest single contributor, at 49.2% 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 15% of market value ($16,740,560 land vs $93,573,437 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~39 yrs), and rent roll drive the underwriting.
Submarket Position: At $110,313,997, 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 +7.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $187,801,073 by 2031, with an estimated annual tax burden around $3,574,685. 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.
20 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 1,668,288 SF | ✗ |
| SO | Sketch Only | 305,822 SF | ✗ |
| 2ND | 2nd Floor | 288,984 SF | ✓ |
| 187 | PARKING GARAGE | 271,884 SF | ✓ |
| 551 | PAVED AREA | 226,750 SF | ✗ |
| 3RD | 3rd Floor | 213,149 SF | ✓ |
| 5TH | 5th Floor | 212,537 SF | ✓ |
| 4TH | 4th Floor | 211,937 SF | ✓ |
| FBSMT | Finished Basement | 174,031 SF | ✓ |
| 438 | STREETS PRIVATE | 162,000 SF | ✗ |
| ADDL | Additional Floor | 160,949 SF | ✓ |
| 1ST | 1st Floor | 134,819 SF | ✓ |
| 328 | MEZZ COMM (STG) | 9,065 SF | ✓ |
| 881 | COMMCL FINISHOUT | 6,855 SF | ✓ |
| 501 | CANOPY | 3,004 SF | ✗ |
| 482 | LIGHT POLES | 7 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 335FV | PENTHOUSE FV | 1 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 1 SF | ✓ |
| 509 | CANOPY FV | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $1,054,293.00 | $1,054,293.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $508,296.49 | $508,296.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $364,569.65 | $364,569.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $114,482.31 | $114,482.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $100,298.00 | $100,298.00 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $2,141,939.45 | $2,141,939.45 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $1,054,293.00 | 49.2% |
| CAT City of Austin | 0.5240% | $508,296.49 | 23.7% |
| TCO Travis County | 0.3758% | $364,569.65 | 17.0% |
| THD Travis Central Health | 0.1180% | $114,482.31 | 5.3% |
| ACT Austin Community College | 0.1034% | $100,298.00 | 4.7% |
| Total | 2.2082% | $2,141,939.45 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $129,283,779 | $110,313,997 | +17.2% |
| Assessed Value | $129,283,779 | $110,313,997 | +17.2% |
| Land Value | $16,740,560 | $16,740,560 | +0.0% |
| Improvement Value | $112,543,219 | $93,573,437 | +20.3% |
| Taxable Value | $129,283,779 | $110,313,997 | +17.2% |
| Total Tax 2026 = estimate |
~$2,854,825
Estimated
|
~$2,141,939
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $129,283,779 | $16,740,560 | $112,543,219 | — | $129,283,779 | $129,283,779 | Not yet — post-cert | Preliminary |
| 2025 | $110,313,997 | $16,740,560 | $93,573,437 | — | $110,313,997 | $110,313,997 | ~$2,141,939 | Partial |
| 2024 | $109,223,566 | $16,740,560 | $92,483,006 | — | $109,223,566 | $109,223,566 | $2,166,899 | Verified |
| 2023 | $101,305,000 | $14,647,990 | $86,657,010 | — | $101,305,000 | $101,305,000 | $1,930,453 | Verified |
| 2022 | $89,000,000 | $14,647,990 | $74,352,010 | — | $89,000,000 | $89,000,000 | $2,005,101 | Verified |
| 2021 | $89,000,000 | $14,647,990 | $74,352,010 | — | $89,000,000 | $89,000,000 | $2,182,261 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.2% | +17.2% | ~100% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | +7.8% | +7.8% | ~100% | No billing data | Verified |
| 2023 | +13.8% | +13.8% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.2% | +8.0% | +7.8% | +17.2% | 2026 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,141,939 | $2,085,331 | ~$3,279,454 | $2,182,261 | 2021 | $1,930,453 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$139,307,611 | ~$139,307,611 | ~2.1472% | ~$2,991,264 | +7.8% |
| 2028 | ~$150,108,626 | ~$150,108,626 | ~2.0863% | ~$3,131,698 | +16.1% |
| 2029 | ~$161,747,083 | ~$161,747,083 | ~2.0253% | ~$3,275,928 | +25.1% |
| 2030 | ~$174,287,911 | ~$174,287,911 | ~1.9644% | ~$3,423,696 | +34.8% |
| 2031 | ~$187,801,073 | ~$187,801,073 | ~1.9034% | ~$3,574,685 | +45.3% |
| 2027 | ~$136,721,935 | ~$136,721,935 | ~2.2082% | ~$3,019,073 | +5.8% |
| 2028 | ~$144,588,035 | ~$144,588,035 | ~2.2082% | ~$3,192,771 | +11.8% |
| 2029 | ~$152,906,700 | ~$152,906,700 | ~2.2082% | ~$3,376,463 | +18.3% |
| 2030 | ~$161,703,967 | ~$161,703,967 | ~2.2082% | ~$3,570,723 | +25.1% |
| 2031 | ~$171,007,373 | ~$171,007,373 | ~2.2082% | ~$3,776,159 | +32.3% |
| 2027 | ~$141,893,287 | ~$141,893,287 | ~2.1168% | ~$3,003,544 | +9.8% |
| 2028 | ~$155,732,644 | ~$155,732,644 | ~2.0253% | ~$3,154,115 | +20.5% |
| 2029 | ~$170,921,804 | ~$170,921,804 | ~1.9339% | ~$3,305,485 | +32.2% |
| 2030 | ~$187,592,416 | ~$187,592,416 | ~1.8425% | ~$3,456,379 | +45.1% |
| 2031 | ~$205,888,973 | ~$205,888,973 | ~1.7511% | ~$3,605,263 | +59.3% |
In 2025, this property's market value of $110,313,997 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 80× 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 | $110,313,997 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $109,223,566 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $101,305,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $89,000,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $89,000,000 | $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 | — |