12709 N MO-PAC EXPRESSWAY TX 78727
| Owner | BRIXMOR HOLDINGS 12 SPE LLC |
|---|---|
| Parcel ID | 0264130130 |
| Short ID | 268586 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,693 SF |
| Land SF | 29,882 SF |
| Acres | 0.686 |
| Year Built | 1996 |
| Legal | LOT 1 PARMER CROSSING SUBD SEC 2 |
| Neighborhood | 32NOR |
| Land | $747,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $747,050 |
| Improvement | $1,470,403 |
|---|---|
| Total Improvement | $1,470,403 |
| Market | $2,217,453 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,217,453 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,217,453 |
| Taxable Value | $2,217,453 |
|---|
Appreciation: Market value has risen +10.4% from $2,009,200 (2021) to $2,217,453 (2025), a CAGR of 2.5% 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 $45,380. 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 34% of market value ($747,050 land vs $1,470,403 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,217,453, this parcel sits in the upper-middle (50th–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 +2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,630,005 by 2031, with an estimated annual tax burden around $49,543. 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 | 21,810 SF | ✗ |
| 491 | SPRINKLER HEADS | 5,693 SF | ✗ |
| 1ST | 1st Floor | 5,404 SF | ✓ |
| 511 | DECK | 1,836 SF | ✗ |
| 501 | CANOPY | 865 SF | ✗ |
| 611 | TERRACE | 334 SF | ✗ |
| 2ND | 2nd Floor | 289 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $19,891.80 | $19,891.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,266.37 | $11,266.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,080.67 | $8,080.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,537.49 | $2,537.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,223.10 | $2,223.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,999.43 | $43,999.43 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $19,891.80 | 45.2% |
| CAT City of Austin | 0.5240% | $11,266.37 | 25.6% |
| TCO Travis County | 0.3758% | $8,080.67 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,537.49 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,223.10 | 5.1% |
| Total | 2.0465% | $43,999.43 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,298,740 | $2,217,453 | +3.7% |
| Assessed Value | $2,298,740 | $2,217,453 | +3.7% |
| Land Value | $747,050 | $747,050 | +0.0% |
| Improvement Value | $1,551,690 | $1,470,403 | +5.5% |
| Taxable Value | $2,298,740 | $2,217,453 | +3.7% |
| Total Tax 2026 = estimate |
~$47,043
Estimated
|
~$43,999
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,298,740 | $747,050 | $1,551,690 | — | $2,298,740 | $2,298,740 | Not yet — post-cert | Preliminary |
| 2025 | $2,217,453 | $747,050 | $1,470,403 | — | $2,217,453 | $2,217,453 | ~$43,999 | Partial |
| 2024 | $2,200,000 | $747,050 | $1,452,950 | — | $2,200,000 | $2,200,000 | $41,719 | Verified |
| 2023 | $2,252,657 | $597,640 | $1,655,017 | — | $2,252,657 | $2,252,657 | $36,284 | Verified |
| 2022 | $1,998,122 | $597,640 | $1,400,482 | — | $1,998,122 | $1,998,122 | $38,089 | Verified |
| 2021 | $2,009,200 | $597,640 | $1,411,560 | — | $2,009,200 | $2,009,200 | $41,989 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2024 | -2.3% | -2.3% | ~100% | No billing data | Verified |
| 2023 | +12.7% | +12.7% | ~100% | No billing data | Verified |
| 2022 | -0.6% | -0.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.7% | +2.9% | +2.7% | +12.7% | 2023 | -2.3% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,999 | $40,416 | ~$48,559 | $43,999 | 2025 | $36,284 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,361,474 | ~$2,361,474 | ~2.0139% | ~$47,559 | +2.7% |
| 2028 | ~$2,425,920 | ~$2,425,920 | ~1.9814% | ~$48,067 | +5.5% |
| 2029 | ~$2,492,125 | ~$2,492,125 | ~1.9488% | ~$48,568 | +8.4% |
| 2030 | ~$2,560,137 | ~$2,560,137 | ~1.9163% | ~$49,060 | +11.4% |
| 2031 | ~$2,630,005 | ~$2,630,005 | ~1.8837% | ~$49,543 | +14.4% |
| 2027 | ~$2,315,499 | ~$2,315,499 | ~2.0465% | ~$47,386 | +0.7% |
| 2028 | ~$2,332,381 | ~$2,332,381 | ~2.0465% | ~$47,732 | +1.5% |
| 2029 | ~$2,349,385 | ~$2,349,385 | ~2.0465% | ~$48,080 | +2.2% |
| 2030 | ~$2,366,514 | ~$2,366,514 | ~2.0465% | ~$48,430 | +2.9% |
| 2031 | ~$2,383,767 | ~$2,383,767 | ~2.0465% | ~$48,783 | +3.7% |
| 2027 | ~$2,407,449 | ~$2,407,449 | ~1.9977% | ~$48,093 | +4.7% |
| 2028 | ~$2,521,299 | ~$2,521,299 | ~1.9488% | ~$49,136 | +9.7% |
| 2029 | ~$2,640,533 | ~$2,640,533 | ~1.9000% | ~$50,171 | +14.9% |
| 2030 | ~$2,765,405 | ~$2,765,405 | ~1.8512% | ~$51,193 | +20.3% |
| 2031 | ~$2,896,183 | ~$2,896,183 | ~1.8024% | ~$52,200 | +26.0% |
In 2025, this property's market value of $2,217,453 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +60% 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 | $2,217,453 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,200,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $2,252,657 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,998,122 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,009,200 | $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 | — |