8329 N MO-PAC EXPRESSWAY TX
| Owner | MOPAC REUNION PARK LLC |
|---|---|
| Parcel ID | 0243030204 |
| Short ID | 248507 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 105,602 SF |
| Land SF | 383,981 SF |
| Acres | 8.815 |
| Year Built | 1979 |
| Legal | LOT 1 BLK A REUNION PARK SUBD |
| Neighborhood | 51NWE |
| Land | $19,199,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,199,050 |
| Improvement | $3,949,404 |
|---|---|
| Total Improvement | $3,949,404 |
| Market | $23,148,454 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $23,148,454 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $23,148,454 |
| Taxable Value | $23,148,454 |
|---|
Appreciation: Market value has fallen -14.9% from $27,203,000 (2021) to $23,148,454 (2025), a CAGR of -4.0% 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 $473,730. 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 83% of market value ($19,199,050 land vs $3,949,404 improvements), about $50/SF of land. With value concentrated in the land under a ~47-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $23,148,454, 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 -4.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,770,475 by 2031, with an estimated annual tax burden around $315,913. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 327,163 SF | ✗ |
| 491 | SPRINKLER HEADS | 95,387 SF | ✗ |
| 1ST | 1st Floor | 42,760 SF | ✓ |
| 2ND | 2nd Floor | 32,794 SF | ✓ |
| 3RD | 3rd Floor | 23,678 SF | ✓ |
| 4TH | 4th Floor | 23,678 SF | ✓ |
| SO | Sketch Only | 22,948 SF | ✗ |
| 501 | CANOPY | 12,714 SF | ✗ |
| 611 | TERRACE | 6,856 SF | ✗ |
| FBSMT | Finished Basement | 6,370 SF | ✓ |
| 407 | LOADING DOCK | 237 SF | ✓ |
| 482 | LIGHT POLES | 21 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $203,544.00 | $203,544.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $115,283.74 | $115,283.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $82,685.90 | $82,685.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $25,965.06 | $25,965.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $22,748.00 | $22,748.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $450,226.70 | $450,226.70 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $203,544.00 | 45.2% |
| CAT City of Austin | 0.5240% | $115,283.74 | 25.6% |
| TCO Travis County | 0.3758% | $82,685.90 | 18.4% |
| THD Travis Central Health | 0.1180% | $25,965.06 | 5.8% |
| ACT Austin Community College | 0.1034% | $22,748.00 | 5.1% |
| Total | 2.0465% | $450,226.70 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,359,008 | $23,148,454 | -7.7% |
| Assessed Value | $21,359,008 | $23,148,454 | -7.7% |
| Land Value | $19,199,050 | $19,199,050 | +0.0% |
| Improvement Value | $2,159,958 | $3,949,404 | -45.3% |
| Taxable Value | $21,359,008 | $23,148,454 | -7.7% |
| Total Tax 2026 = estimate |
~$437,109
Estimated
|
~$450,227
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $21,359,008 | $19,199,050 | $2,159,958 | — | $21,359,008 | $21,359,008 | Not yet — post-cert | Preliminary |
| 2025 | $23,148,454 | $19,199,050 | $3,949,404 | — | $23,148,454 | $23,148,454 | ~$450,227 | Partial |
| 2024 | $23,034,667 | $19,199,050 | $3,835,617 | — | $23,034,667 | $23,034,667 | $440,808 | Verified |
| 2023 | $24,934,698 | $13,439,335 | $11,495,363 | — | $24,934,698 | $24,934,698 | $423,166 | Verified |
| 2022 | $27,461,035 | $9,599,525 | $17,861,510 | — | $27,461,035 | $27,461,035 | $542,334 | Verified |
| 2021 | $27,203,000 | $7,679,620 | $19,523,380 | — | $27,203,000 | $27,203,000 | $592,122 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.7% | -7.7% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | No billing data | Verified |
| 2023 | -9.2% | -9.2% | ~100% | No billing data | Verified |
| 2022 | +0.9% | +0.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.7% | -4.6% | -4.7% | +0.9% | 2022 | -9.2% | 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 |
$450,227 | $489,732 | ~$361,453 | $592,122 | 2021 | $423,166 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$20,350,446 | ~$20,350,446 | ~2.0139% | ~$409,845 | -4.7% |
| 2028 | ~$19,389,508 | ~$19,389,508 | ~1.9814% | ~$384,181 | -9.2% |
| 2029 | ~$18,473,945 | ~$18,473,945 | ~1.9488% | ~$360,028 | -13.5% |
| 2030 | ~$17,601,614 | ~$17,601,614 | ~1.9163% | ~$337,298 | -17.6% |
| 2031 | ~$16,770,475 | ~$16,770,475 | ~1.8837% | ~$315,913 | -21.5% |
| 2027 | ~$20,291,058 | ~$20,291,058 | ~2.0465% | ~$415,253 | -5.0% |
| 2028 | ~$19,276,505 | ~$19,276,505 | ~2.0465% | ~$394,491 | -9.7% |
| 2029 | ~$18,312,679 | ~$18,312,679 | ~2.0465% | ~$374,766 | -14.3% |
| 2030 | ~$17,397,046 | ~$17,397,046 | ~2.0465% | ~$356,028 | -18.5% |
| 2031 | ~$16,527,193 | ~$16,527,193 | ~2.0465% | ~$338,227 | -22.6% |
| 2027 | ~$20,777,626 | ~$20,777,626 | ~1.9977% | ~$415,067 | -2.7% |
| 2028 | ~$20,212,069 | ~$20,212,069 | ~1.9488% | ~$393,901 | -5.4% |
| 2029 | ~$19,661,907 | ~$19,661,907 | ~1.9000% | ~$373,580 | -7.9% |
| 2030 | ~$19,126,719 | ~$19,126,719 | ~1.8512% | ~$354,073 | -10.5% |
| 2031 | ~$18,606,099 | ~$18,606,099 | ~1.8024% | ~$335,351 | -12.9% |
In 2025, this property's market value of $23,148,454 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 17× 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 | $23,148,454 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $23,034,667 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $24,934,698 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $27,461,035 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $27,203,000 | $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 | — |