7951 SHOAL CREEK BLVD 2 TX 78759
| Owner | 7951-B SC LP |
|---|---|
| Parcel ID | 0241040903 |
| Short ID | 946735 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 36,000 SF |
| Land SF | 154,264 SF |
| Acres | 3.541 |
| Year Built | 2020 |
| Legal | UNT 2 NORTH SHOAL CREEK SITE CONDOMINIUMS PLUS 74.36 % INT IN COM AREA |
| Neighborhood | 55NWE |
| Land | $3,856,607 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,856,607 |
| Improvement | $7,043,393 |
|---|---|
| Total Improvement | $7,043,393 |
| Market | $10,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,900,000 |
| Taxable Value | $10,900,000 |
|---|
Appreciation: Market value has risen +141.0% from $4,522,000 (2021) to $10,900,000 (2025), a CAGR of 24.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $223,067. 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 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 35% of market value ($3,856,607 land vs $7,043,393 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,900,000, 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 +23.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $37,567,187 by 2031, with an estimated annual tax burden around $395,416. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 26,340 SF | ✓ |
| 1ST | 1st Floor | 12,000 SF | ✓ |
| 2ND | 2nd Floor | 12,000 SF | ✓ |
| 3RD | 3rd Floor | 12,000 SF | ✓ |
| 4TH | 4th Floor | 12,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $100,846.80 | $100,846.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $57,117.85 | $57,117.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $40,967.11 | $40,967.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,864.51 | $12,864.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,270.60 | $11,270.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $223,066.87 | $223,066.87 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $100,846.80 | 45.2% |
| CAT City of Austin | 0.5240% | $57,117.85 | 25.6% |
| TCO Travis County | 0.3758% | $40,967.11 | 18.4% |
| THD Travis Central Health | 0.1180% | $12,864.51 | 5.8% |
| ACT Austin Community College | 0.1034% | $11,270.60 | 5.1% |
| Total | 2.0465% | $223,066.87 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,033,757 | $10,900,000 | +19.6% |
| Assessed Value | $13,033,757 | $10,900,000 | +19.6% |
| Land Value | $3,856,607 | $3,856,607 | +0.0% |
| Improvement Value | $9,177,150 | $7,043,393 | +30.3% |
| Taxable Value | $13,033,757 | $10,900,000 | +19.6% |
| Total Tax 2026 = estimate |
~$266,734
Estimated
|
~$223,067
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $13,033,757 | $3,856,607 | $9,177,150 | — | $13,033,757 | $13,033,757 | Not yet — post-cert | Preliminary |
| 2025 | $10,900,000 | $3,856,607 | $7,043,393 | — | $10,900,000 | $10,900,000 | ~$223,067 | Partial |
| 2024 | $11,592,212 | $3,856,607 | $7,735,605 | — | $11,592,212 | $11,592,212 | $229,736 | Verified |
| 2023 | $11,592,212 | $3,856,607 | $7,735,605 | — | $11,592,212 | $11,592,212 | $209,732 | Verified |
| 2022 | $10,778,673 | $3,856,607 | $6,922,066 | — | $10,778,673 | $10,778,673 | $203,890 | Verified |
| 2021 | $4,522,000 | $3,856,607 | $665,393 | — | $4,522,000 | $4,522,000 | $98,429 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.6% | +19.6% | ~100% | Not available | Partial |
| 2025 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +7.5% | +7.5% | ~100% | No billing data | Verified |
| 2022 | +138.4% ! | +138.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +141.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.6% | +31.9% | +23.6% | +138.4% | 2022 | -6.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$223,067 | $192,971 | ~$340,081 | $229,736 | 2024 | $98,429 | 2021 |
Market value changed by 138% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$16,107,103 | ~$14,337,133 | ~2.0139% | ~$288,741 | +23.6% |
| 2028 | ~$19,905,140 | ~$15,770,846 | ~1.9814% | ~$312,482 | +52.7% |
| 2029 | ~$24,598,751 | ~$17,347,931 | ~1.9488% | ~$338,083 | +88.7% |
| 2030 | ~$30,399,110 | ~$19,082,724 | ~1.9163% | ~$365,681 | +133.2% |
| 2031 | ~$37,567,187 | ~$20,990,996 | ~1.8837% | ~$395,416 | +188.2% |
| 2027 | ~$15,846,428 | ~$14,337,133 | ~2.0465% | ~$293,407 | +21.6% |
| 2028 | ~$19,266,070 | ~$15,770,846 | ~2.0465% | ~$322,748 | +47.8% |
| 2029 | ~$23,423,667 | ~$17,347,931 | ~2.0465% | ~$355,023 | +79.7% |
| 2030 | ~$28,478,469 | ~$19,082,724 | ~2.0465% | ~$390,525 | +118.5% |
| 2031 | ~$34,624,092 | ~$20,990,996 | ~2.0465% | ~$429,578 | +165.6% |
| 2027 | ~$16,367,778 | ~$14,337,133 | ~1.9977% | ~$286,407 | +25.6% |
| 2028 | ~$20,554,638 | ~$15,770,846 | ~1.9488% | ~$307,348 | +57.7% |
| 2029 | ~$25,812,492 | ~$17,347,931 | ~1.9000% | ~$329,614 | +98.0% |
| 2030 | ~$32,415,300 | ~$19,082,724 | ~1.8512% | ~$353,258 | +148.7% |
| 2031 | ~$40,707,099 | ~$20,990,996 | ~1.8024% | ~$378,336 | +212.3% |
In 2025, this property's market value of $10,900,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 8× 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 | $10,900,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,592,212 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $11,592,212 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $10,778,673 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,522,000 | $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 | — |