3510 WADLEY PL B TX 78728
| Owner | NLI 3500 WPB LLC |
|---|---|
| Parcel ID | 0282230204 |
| Short ID | 734465 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 45,298 SF |
| Land SF | 127,746 SF |
| Acres | 2.933 |
| Year Built | 1998 |
| Legal | LOT 4A-2 BLK A CORRIDOR PARK I REPLAT OF LOT 4A OF THE REPLAT OF LOT 4 |
| Neighborhood | 66FNOR |
| Land | $766,476 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $766,476 |
| Improvement | $19,233,524 |
|---|---|
| Total Improvement | $19,233,524 |
| Market | $20,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,000,000 |
| Taxable Value | $20,000,000 |
|---|
Appreciation: Market value has risen +34.6% from $14,856,183 (2021) to $20,000,000 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $372,474. Round Rock ISD is the largest single contributor, at 48.0% 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 4% of market value ($766,476 land vs $19,233,524 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $20,000,000, 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 +8.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $34,226,192 by 2031, with an estimated annual tax burden around $533,793. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 80,500 SF | ✗ |
| 491 | SPRINKLER HEADS | 77,573 SF | ✗ |
| 881 | COMMCL FINISHOUT | 70,195 SF | ✓ |
| 1ST | 1st Floor | 45,298 SF | ✓ |
| 093 | HVAC COMMRCL SF | 41,397 SF | ✗ |
| MEZZ | Mezzanine | 32,275 SF | ✓ |
| 501 | CANOPY | 685 SF | ✗ |
| 272 | COLDSTG VAULT LG | 200 SF | ✓ |
| 276 | ELEVATOR COM PAS | 3 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 2 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $178,620.00 | $178,620.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $75,169.00 | $75,169.00 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $74,400.00 | $74,400.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $23,604.60 | $23,604.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $20,680.00 | $20,680.00 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $372,473.60 | $372,473.60 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $178,620.00 | 48.0% |
| TCO Travis County | 0.3758% | $75,169.00 | 20.2% |
| CRR City of Round Rock | 0.3720% | $74,400.00 | 20.0% |
| THD Travis Central Health | 0.1180% | $23,604.60 | 6.3% |
| ACT Austin Community College | 0.1034% | $20,680.00 | 5.6% |
| Total | 1.8624% | $372,473.60 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $22,549,292 | $20,000,000 | +12.7% |
| Assessed Value | $22,549,292 | $20,000,000 | +12.7% |
| Land Value | $766,476 | $766,476 | +0.0% |
| Improvement Value | $21,782,816 | $19,233,524 | +13.3% |
| Taxable Value | $22,483,076 | $20,000,000 | +12.4% |
| Exemptions | SO | None | |
| Total Tax 2026 = estimate |
~$418,718
Estimated
|
~$372,474
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $22,549,292 | $766,476 | $21,782,816 | — | $22,549,292 | $22,483,076 | Not yet — post-cert | Preliminary |
| 2025 | $20,000,000 | $766,476 | $19,233,524 | — | $20,000,000 | $20,000,000 | ~$372,474 | Partial |
| 2024 | $23,400,000 | $766,476 | $22,633,524 | — | $23,400,000 | $23,400,000 | $422,794 | Verified |
| 2023 | $22,200,000 | $766,476 | $21,433,524 | — | $22,200,000 | $22,200,000 | $391,818 | Verified |
| 2022 | $18,000,000 | $766,476 | $17,233,524 | — | $18,000,000 | $18,000,000 | $345,640 | Verified |
| 2021 | $14,856,183 | $510,984 | $14,345,199 | — | $14,856,183 | $14,856,183 | $312,660 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2025 | -14.5% | -14.5% | ~100% | Not available | Partial |
| 2024 | +5.4% | +5.4% | ~100% | No billing data | Verified |
| 2023 | +23.3% | +23.3% | ~100% | No billing data | Verified |
| 2022 | +21.2% | +21.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.7% | +9.6% | +8.7% | +23.3% | 2023 | -14.5% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$372,474 | $369,077 | ~$487,270 | $422,794 | 2024 | $312,660 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$24,511,960 | ~$24,511,960 | ~1.8018% | ~$441,660 | +8.7% |
| 2028 | ~$26,645,457 | ~$26,645,457 | ~1.7413% | ~$463,967 | +18.2% |
| 2029 | ~$28,964,652 | ~$28,964,652 | ~1.6807% | ~$486,812 | +28.5% |
| 2030 | ~$31,485,707 | ~$31,485,707 | ~1.6202% | ~$510,118 | +39.6% |
| 2031 | ~$34,226,192 | ~$34,226,192 | ~1.5596% | ~$533,793 | +51.8% |
| 2027 | ~$24,060,974 | ~$24,060,974 | ~1.8624% | ~$448,104 | +6.7% |
| 2028 | ~$25,673,999 | ~$25,673,999 | ~1.8624% | ~$478,144 | +13.9% |
| 2029 | ~$27,395,158 | ~$27,395,158 | ~1.8624% | ~$510,199 | +21.5% |
| 2030 | ~$29,231,703 | ~$29,231,703 | ~1.8624% | ~$544,402 | +29.6% |
| 2031 | ~$31,191,368 | ~$31,191,368 | ~1.8624% | ~$580,898 | +38.3% |
| 2027 | ~$24,962,946 | ~$24,804,221 | ~1.7715% | ~$439,416 | +10.7% |
| 2028 | ~$27,634,955 | ~$27,284,643 | ~1.6807% | ~$458,576 | +22.6% |
| 2029 | ~$30,592,974 | ~$30,013,108 | ~1.5899% | ~$477,173 | +35.7% |
| 2030 | ~$33,867,616 | ~$33,014,418 | ~1.4991% | ~$494,903 | +50.2% |
| 2031 | ~$37,492,772 | ~$36,315,860 | ~1.4082% | ~$511,408 | +66.3% |
In 2025, this property's market value of $20,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 14× 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 | $20,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $23,400,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $22,200,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $18,000,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $14,856,183 | $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 | — |