8604 CROSS PARK DR TX 78754
| Owner | IFT CROSS PARK LLC |
|---|---|
| Parcel ID | 0233230310 |
| Short ID | 235492 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 21,000 SF |
| Land SF | 107,070 SF |
| Acres | 2.458 |
| Year Built | 2022 |
| Legal | 2.458AC OF LOT 3 BLK J WALNUT CREEK BUSINESS PARK PHS A SEC 1 |
| Neighborhood | 1NE1 |
| Land | $770,907 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $770,907 |
| Improvement | $2,829,093 |
|---|---|
| Total Improvement | $2,829,093 |
| Market | $3,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,600,000 |
| Taxable Value | $3,600,000 |
|---|
Appreciation: Market value has risen +367.0% from $770,908 (2021) to $3,600,000 (2025), a CAGR of 47.0% over 4 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $79,297. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 21% of market value ($770,907 land vs $2,829,093 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,600,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +40.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $22,623,794 by 2031, with an estimated annual tax burden around $125,929. 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 | 35,495 SF | ✗ |
| 1ST | 1st Floor | 21,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 21,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 16,500 SF | ✗ |
| 881 | COMMCL FINISHOUT | 4,500 SF | ✓ |
| 408 | LOADING RAMP | 1,300 SF | ✓ |
| 482 | LIGHT POLES | 5 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $38,930.40 | $38,930.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,864.61 | $18,864.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,530.42 | $13,530.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,248.83 | $4,248.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,722.40 | $3,722.40 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $79,296.66 | $79,296.66 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $38,930.40 | 49.1% |
| CAT City of Austin | 0.5240% | $18,864.61 | 23.8% |
| TCO Travis County | 0.3758% | $13,530.42 | 17.1% |
| THD Travis Central Health | 0.1180% | $4,248.83 | 5.4% |
| ACT Austin Community College | 0.1034% | $3,722.40 | 4.7% |
| Total | 2.2027% | $79,296.66 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,176,226 | $3,600,000 | +16.0% |
| Assessed Value | $4,176,226 | $3,600,000 | +16.0% |
| Land Value | $770,907 | $770,907 | +0.0% |
| Improvement Value | $3,405,319 | $2,829,093 | +20.4% |
| Taxable Value | $4,176,226 | $3,600,000 | +16.0% |
| Total Tax 2026 = estimate |
~$91,989
Estimated
|
~$79,297
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,176,226 | $770,907 | $3,405,319 | — | $4,176,226 | $4,176,226 | Not yet — post-cert | Preliminary |
| 2025 | $3,600,000 | $770,907 | $2,829,093 | — | $3,600,000 | $3,600,000 | ~$79,297 | Partial |
| 2024 | $3,588,000 | $770,907 | $2,817,093 | — | $3,588,000 | $3,588,000 | $82,722 | Verified |
| 2023 | $3,500,000 | $770,907 | $2,729,093 | — | $3,500,000 | $3,500,000 | $66,661 | Verified |
| 2022 | $700,000 | $770,907 | — | — | $700,000 | $700,000 | $16,312 | Verified |
| 2021 | $770,908 | $770,908 | — | — | $770,908 | $770,908 | $14,146 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.0% | +16.0% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | +2.5% | +2.5% | ~100% | No billing data | Verified |
| 2023 | +400.0% ! | +400.0% | ~100% | No billing data | Verified |
| 2022 | -9.2% | -9.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +367.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.0% | +81.9% | +40.2% | +400.0% | 2023 | -9.2% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$79,297 | $51,827 | ~$111,730 | $82,722 | 2024 | $14,146 | 2021 |
Market value changed by 400% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,855,180 | ~$4,593,849 | ~2.1366% | ~$98,153 | +40.2% |
| 2028 | ~$8,209,119 | ~$5,053,233 | ~2.0705% | ~$104,629 | +96.6% |
| 2029 | ~$11,509,405 | ~$5,558,557 | ~2.0045% | ~$111,419 | +175.6% |
| 2030 | ~$16,136,493 | ~$6,114,412 | ~1.9384% | ~$118,521 | +286.4% |
| 2031 | ~$22,623,794 | ~$6,725,854 | ~1.8723% | ~$125,929 | +441.7% |
| 2027 | ~$5,771,656 | ~$4,593,849 | ~2.2027% | ~$101,188 | +38.2% |
| 2028 | ~$7,976,583 | ~$5,053,233 | ~2.2027% | ~$111,307 | +91.0% |
| 2029 | ~$11,023,850 | ~$5,558,557 | ~2.2027% | ~$122,438 | +164.0% |
| 2030 | ~$15,235,255 | ~$6,114,412 | ~2.2027% | ~$134,681 | +264.8% |
| 2031 | ~$21,055,530 | ~$6,725,854 | ~2.2027% | ~$148,149 | +404.2% |
| 2027 | ~$5,938,705 | ~$4,593,849 | ~2.1036% | ~$96,635 | +42.2% |
| 2028 | ~$8,444,997 | ~$5,053,233 | ~2.0045% | ~$101,290 | +102.2% |
| 2029 | ~$12,009,011 | ~$5,558,557 | ~1.9054% | ~$105,910 | +187.6% |
| 2030 | ~$17,077,135 | ~$6,114,412 | ~1.8062% | ~$110,441 | +308.9% |
| 2031 | ~$24,284,142 | ~$6,725,854 | ~1.7071% | ~$114,819 | +481.5% |
In 2025, this property's market value of $3,600,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 43× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $3,600,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $3,588,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $3,500,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $700,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $770,908 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |