15500 WELLS PORT DR TX 78728
| Owner | BRE JUPITER C2 ICON TX OWNER LP |
|---|---|
| Parcel ID | 0276200201 |
| Short ID | 278365 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 85,374 SF |
| Land SF | 243,065 SF |
| Acres | 5.580 |
| Year Built | 1998 |
| Legal | LOT 4 BLK B VISTA BUSINESS PARK SEC I |
| Neighborhood | 64FNOR |
| Land | $729,195 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $729,195 |
| Improvement | $21,770,805 |
|---|---|
| Total Improvement | $21,770,805 |
| Market | $22,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $22,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $22,500,000 |
| Taxable Value | $22,500,000 |
|---|
Appreciation: Market value has risen +28.7% from $17,485,491 (2021) to $22,500,000 (2025), a CAGR of 6.5% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 6 taxing entities is 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $363,067. Round Rock ISD is the largest single contributor, at 55.3% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 3% of market value ($729,195 land vs $21,770,805 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $22,500,000, 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 +5.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $30,782,092 by 2031, with an estimated annual tax burden around $408,617. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 103,885 SF | ✗ |
| 551 | PAVED AREA | 90,760 SF | ✗ |
| 1ST | 1st Floor | 85,374 SF | ✓ |
| 093 | HVAC COMMRCL SF | 65,200 SF | ✗ |
| 881 | COMMCL FINISHOUT | 37,022 SF | ✓ |
| MEZZ | Mezzanine | 18,511 SF | ✓ |
| 501 | CANOPY | 757 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $184,871.70 | $184,871.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $77,799.92 | $77,799.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,430.76 | $24,430.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,403.80 | $21,403.80 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $19,202.36 | $19,202.36 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $6,313.50 | $6,313.50 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $334,022.04 | $334,022.04 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $184,871.70 | 55.3% |
| TCO Travis County | 0.3758% | $77,799.92 | 23.3% |
| THD Travis Central Health | 0.1180% | $24,430.76 | 7.3% |
| ACT Austin Community College | 0.1034% | $21,403.80 | 6.4% |
| E02 Travis County ESD # 02 | 0.0928% | $19,202.36 | 5.7% |
| E17 Travis County ESD #17 | 0.0305% | $6,313.50 | 1.9% |
| Total | 1.6136% | $334,022.04 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,200,000 | $22,500,000 | +3.1% |
| Assessed Value | $23,200,000 | $22,500,000 | +3.1% |
| Land Value | $729,195 | $729,195 | +0.0% |
| Improvement Value | $22,470,805 | $21,770,805 | +3.2% |
| Taxable Value | $23,200,000 | $22,500,000 | +3.1% |
| Total Tax 2026 = estimate |
~$374,363
Estimated
|
~$334,022
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $23,200,000 | $729,195 | $22,470,805 | — | $23,200,000 | $23,200,000 | Not yet — post-cert | Preliminary |
| 2025 | $22,500,000 | $729,195 | $21,770,805 | — | $22,500,000 | $22,500,000 | ~$334,022 | Partial |
| 2024 | $21,216,000 | $729,195 | $20,486,805 | — | $21,216,000 | $21,216,000 | $303,011 | Verified |
| 2023 | $22,271,101 | $729,195 | $21,541,906 | — | $22,271,101 | $22,271,101 | $257,098 | Verified |
| 2022 | $20,395,739 | $729,195 | $19,666,544 | — | $20,395,739 | $20,395,739 | $269,547 | Verified |
| 2021 | $17,485,491 | $729,195 | $16,756,296 | — | $17,485,491 | $17,485,491 | $250,583 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.1% | +3.1% | ~100% | Not available | Partial |
| 2025 | +6.1% | +6.1% | ~100% | Not available | Partial |
| 2024 | -4.7% | -4.7% | ~100% | No billing data | Verified |
| 2023 | +9.2% | +9.2% | ~100% | No billing data | Verified |
| 2022 | +16.6% | +16.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.1% | +6.1% | +5.8% | +16.6% | 2022 | -4.7% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.4800% | 1.4800% | — | 1.4800% | 2025 | 1.4800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$334,022 | $282,852 | ~$395,870 | $334,022 | 2025 | $250,583 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$24,549,916 | ~$24,549,916 | ~1.5564% | ~$382,094 | +5.8% |
| 2028 | ~$25,978,379 | ~$25,978,379 | ~1.4992% | ~$389,457 | +12.0% |
| 2029 | ~$27,489,958 | ~$27,489,958 | ~1.4419% | ~$396,384 | +18.5% |
| 2030 | ~$29,089,490 | ~$29,089,490 | ~1.3847% | ~$402,798 | +25.4% |
| 2031 | ~$30,782,092 | ~$30,782,092 | ~1.3275% | ~$408,617 | +32.7% |
| 2027 | ~$24,085,916 | ~$24,085,916 | ~1.6136% | ~$388,658 | +3.8% |
| 2028 | ~$25,005,662 | ~$25,005,662 | ~1.6136% | ~$403,500 | +7.8% |
| 2029 | ~$25,960,530 | ~$25,960,530 | ~1.6136% | ~$418,908 | +11.9% |
| 2030 | ~$26,951,860 | ~$26,951,860 | ~1.6136% | ~$434,904 | +16.2% |
| 2031 | ~$27,981,045 | ~$27,981,045 | ~1.6136% | ~$451,511 | +20.6% |
| 2027 | ~$25,013,916 | ~$25,013,916 | ~1.5278% | ~$382,157 | +7.8% |
| 2028 | ~$26,969,656 | ~$26,969,656 | ~1.4419% | ~$388,882 | +16.2% |
| 2029 | ~$29,078,306 | ~$29,078,306 | ~1.3561% | ~$394,322 | +25.3% |
| 2030 | ~$31,351,824 | ~$31,351,824 | ~1.2702% | ~$398,235 | +35.1% |
| 2031 | ~$33,803,099 | ~$33,803,099 | ~1.1844% | ~$400,350 | +45.7% |
In 2025, this property's market value of $22,500,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 16× 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 | $22,500,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $21,216,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $22,271,101 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $20,395,739 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $17,485,491 | $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 | — |