8300 N MO-PAC EXPRESSWAY TX 78759
| Owner | OP 8300 MOPAC PROPERTY LLC |
|---|---|
| Parcel ID | 0243030102 |
| Short ID | 248503 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 96,254 SF |
| Land SF | 269,636 SF |
| Acres | 6.190 |
| Year Built | 1999 |
| Legal | LOT 2 SHARMARK WEST |
| Neighborhood | 51NWE |
| Land | $13,481,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,481,800 |
| Improvement | $4,554,885 |
|---|---|
| Total Improvement | $4,554,885 |
| Market | $18,036,685 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,036,685 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,036,685 |
| Taxable Value | $18,036,685 |
|---|
Appreciation: Market value has fallen -26.8% from $24,653,600 (2021) to $18,036,685 (2025), a CAGR of -7.5% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $369,118. 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 75% of market value ($13,481,800 land vs $4,554,885 improvements), about $50/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $18,036,685, 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 -7.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $11,505,854 by 2031, with an estimated annual tax burden around $216,741. 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 | 108,752 SF | ✓ |
| 491 | SPRINKLER HEADS | 96,255 SF | ✗ |
| 551 | PAVED AREA | 61,039 SF | ✗ |
| 3RD | 3rd Floor | 33,154 SF | ✓ |
| 2ND | 2nd Floor | 31,693 SF | ✓ |
| 1ST | 1st Floor | 31,407 SF | ✓ |
| 501 | CANOPY | 3,281 SF | ✗ |
| 437 | FENCE MASON LF | 134 SF | ✗ |
| 482 | LIGHT POLES | 14 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% | $156,691.87 | $156,691.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $88,747.52 | $88,747.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,653.11 | $63,653.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,988.38 | $19,988.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,511.82 | $17,511.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $346,592.70 | $346,592.70 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $156,691.87 | 45.2% |
| CAT City of Austin | 0.5240% | $88,747.52 | 25.6% |
| TCO Travis County | 0.3758% | $63,653.11 | 18.4% |
| THD Travis Central Health | 0.1180% | $19,988.38 | 5.8% |
| ACT Austin Community College | 0.1034% | $17,511.82 | 5.1% |
| Total | 2.0465% | $346,592.70 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,842,230 | $18,036,685 | -6.6% |
| Assessed Value | $16,842,230 | $18,036,685 | -6.6% |
| Land Value | $13,481,800 | $13,481,800 | +0.0% |
| Improvement Value | $3,360,430 | $4,554,885 | -26.2% |
| Taxable Value | $16,842,230 | $18,036,685 | -6.6% |
| Total Tax 2026 = estimate |
~$344,674
Estimated
|
~$346,593
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $16,842,230 | $13,481,800 | $3,360,430 | — | $16,842,230 | $16,842,230 | Not yet — post-cert | Preliminary |
| 2025 | $18,036,685 | $13,481,800 | $4,554,885 | — | $18,036,685 | $18,036,685 | ~$346,593 | Partial |
| 2024 | $21,181,292 | $13,481,800 | $7,699,492 | — | $21,181,292 | $21,181,292 | $388,157 | Verified |
| 2023 | $24,008,285 | $9,437,260 | $14,571,025 | — | $24,008,285 | $24,008,285 | $413,700 | Verified |
| 2022 | $30,232,150 | $9,437,260 | $20,794,890 | — | $30,232,150 | $30,232,150 | $551,429 | Verified |
| 2021 | $24,653,600 | $5,392,720 | $19,260,880 | — | $24,653,600 | $24,653,600 | $536,630 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.6% | -6.6% | ~100% | Not available | Partial |
| 2025 | -14.8% | -14.8% | ~100% | Not available | Partial |
| 2024 | -11.8% | -11.8% | ~100% | No billing data | Verified |
| 2023 | -20.6% | -20.6% | ~100% | No billing data | Verified |
| 2022 | +22.6% | +22.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.6% | -6.2% | -7.3% | +22.6% | 2022 | -20.6% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$346,593 | $447,302 | ~$263,334 | $551,429 | 2022 | $346,593 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$15,606,426 | ~$15,606,426 | ~2.0139% | ~$314,304 | -7.3% |
| 2028 | ~$14,461,299 | ~$14,461,299 | ~1.9814% | ~$286,534 | -14.1% |
| 2029 | ~$13,400,196 | ~$13,400,196 | ~1.9488% | ~$261,148 | -20.4% |
| 2030 | ~$12,416,952 | ~$12,416,952 | ~1.9163% | ~$237,945 | -26.3% |
| 2031 | ~$11,505,854 | ~$11,505,854 | ~1.8837% | ~$216,741 | -31.7% |
| 2027 | ~$16,000,118 | ~$16,000,118 | ~2.0465% | ~$327,440 | -5.0% |
| 2028 | ~$15,200,113 | ~$15,200,113 | ~2.0465% | ~$311,068 | -9.7% |
| 2029 | ~$14,440,107 | ~$14,440,107 | ~2.0465% | ~$295,515 | -14.3% |
| 2030 | ~$13,718,102 | ~$13,718,102 | ~2.0465% | ~$280,739 | -18.5% |
| 2031 | ~$13,032,197 | ~$13,032,197 | ~2.0465% | ~$266,702 | -22.6% |
| 2027 | ~$15,943,270 | ~$15,943,270 | ~1.9977% | ~$318,493 | -5.3% |
| 2028 | ~$15,092,292 | ~$15,092,292 | ~1.9488% | ~$294,125 | -10.4% |
| 2029 | ~$14,286,736 | ~$14,286,736 | ~1.9000% | ~$271,450 | -15.2% |
| 2030 | ~$13,524,177 | ~$13,524,177 | ~1.8512% | ~$250,359 | -19.7% |
| 2031 | ~$12,802,319 | ~$12,802,319 | ~1.8024% | ~$230,745 | -24.0% |
In 2025, this property's market value of $18,036,685 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 13× 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 | $18,036,685 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $21,181,292 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $24,008,285 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $30,232,150 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $24,653,600 | $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 | — |