8601 N MO-PAC EXPRESSWAY TX 78759
| Owner | REALTY INCOME TEXAS PROPERTIES L P |
|---|---|
| Parcel ID | 0245040408 |
| Short ID | 568793 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 10,003 SF |
| Land SF | 43,821 SF |
| Acres | 1.006 |
| Year Built | 2003 |
| Legal | LOT 2 BLK A REUNION PARK SUBD |
| Neighborhood | 83NOR |
| Land | $2,410,155 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,410,155 |
| Improvement | $1,200,935 |
|---|---|
| Total Improvement | $1,200,935 |
| Market | $3,611,090 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,611,090 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,611,090 |
| Taxable Value | $3,611,090 |
|---|
Appreciation: Market value has risen +53.3% from $2,356,157 (2021) to $3,611,090 (2025), a CAGR of 11.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $73,900. 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 67% of market value ($2,410,155 land vs $1,200,935 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,611,090, 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 +12.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,328,868 by 2031, with an estimated annual tax burden around $126,068. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 31,500 SF | ✗ |
| 1ST | 1st Floor | 10,003 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,512 SF | ✗ |
| SO | Sketch Only | 1,512 SF | ✗ |
| 437 | FENCE MASON LF | 37 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $33,409.80 | $33,409.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,922.73 | $18,922.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,572.10 | $13,572.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,261.92 | $4,261.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,733.87 | $3,733.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $73,900.42 | $73,900.42 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $33,409.80 | 45.2% |
| CAT City of Austin | 0.5240% | $18,922.73 | 25.6% |
| TCO Travis County | 0.3758% | $13,572.10 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,261.92 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,733.87 | 5.1% |
| Total | 2.0465% | $73,900.42 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,155,474 | $3,611,090 | +15.1% |
| Assessed Value | $4,155,474 | $3,611,090 | +15.1% |
| Land Value | $2,410,155 | $2,410,155 | +0.0% |
| Improvement Value | $1,745,319 | $1,200,935 | +45.3% |
| Taxable Value | $4,155,474 | $3,611,090 | +15.1% |
| Total Tax 2026 = estimate |
~$85,041
Estimated
|
~$73,900
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,155,474 | $2,410,155 | $1,745,319 | — | $4,155,474 | $4,155,474 | Not yet — post-cert | Preliminary |
| 2025 | $3,611,090 | $2,410,155 | $1,200,935 | — | $3,611,090 | $3,611,090 | ~$73,900 | Partial |
| 2024 | $4,259,484 | $2,410,155 | $1,849,329 | −$53,917 | $4,205,567 | $4,205,567 | $83,347 | Verified |
| 2023 | $3,504,639 | $2,410,155 | $1,094,484 | — | $3,504,639 | $3,504,639 | $63,408 | Verified |
| 2022 | $2,994,005 | $1,533,735 | $1,460,270 | — | $2,994,005 | $2,994,005 | $59,129 | Verified |
| 2021 | $2,356,157 | $876,420 | $1,479,737 | — | $2,356,157 | $2,356,157 | $51,286 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.1% | +15.1% | ~100% | Not available | Partial |
| 2025 | -15.2% | -14.1% | ~100% | Not available | Partial |
| 2024 | +21.5% | +20.0% | 98.7% | No billing data | Verified |
| 2023 | +17.1% | +17.1% | ~100% | No billing data | Verified |
| 2022 | +27.1% | +27.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.1% | +13.1% | +12.0% | +27.1% | 2022 | -15.2% | 2025 |
| Assessment Ratio | 100.0% | 99.8% | — | 100.0% | 2021 | 98.7% | 2024 |
| 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 |
$73,900 | $66,214 | ~$108,426 | $83,347 | 2024 | $51,286 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,654,830 | ~$4,571,021 | ~2.0139% | ~$92,057 | +12.0% |
| 2028 | ~$5,214,193 | ~$5,028,124 | ~1.9814% | ~$99,627 | +25.5% |
| 2029 | ~$5,840,774 | ~$5,530,936 | ~1.9488% | ~$107,789 | +40.6% |
| 2030 | ~$6,542,649 | ~$6,084,029 | ~1.9163% | ~$116,588 | +57.4% |
| 2031 | ~$7,328,868 | ~$6,692,432 | ~1.8837% | ~$126,068 | +76.4% |
| 2027 | ~$4,571,721 | ~$4,571,021 | ~2.0465% | ~$93,545 | +10.0% |
| 2028 | ~$5,029,662 | ~$5,028,124 | ~2.0465% | ~$102,900 | +21.0% |
| 2029 | ~$5,533,475 | ~$5,530,936 | ~2.0465% | ~$113,190 | +33.2% |
| 2030 | ~$6,087,753 | ~$6,084,029 | ~2.0465% | ~$124,509 | +46.5% |
| 2031 | ~$6,697,553 | ~$6,692,432 | ~2.0465% | ~$136,960 | +61.2% |
| 2027 | ~$4,737,940 | ~$4,571,021 | ~1.9977% | ~$91,314 | +14.0% |
| 2028 | ~$5,402,048 | ~$5,028,124 | ~1.9488% | ~$97,990 | +30.0% |
| 2029 | ~$6,159,244 | ~$5,530,936 | ~1.9000% | ~$105,089 | +48.2% |
| 2030 | ~$7,022,575 | ~$6,084,029 | ~1.8512% | ~$112,627 | +69.0% |
| 2031 | ~$8,006,917 | ~$6,692,432 | ~1.8024% | ~$120,622 | +92.7% |
In 2025, this property's market value of $3,611,090 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +161% above 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 | $3,611,090 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,259,484 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $3,504,639 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $2,994,005 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $2,356,157 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 | — |