7600 METROPOLIS DR TX 78744
| Owner | NGP V AUSTIN TX LLC |
|---|---|
| Parcel ID | 0316180408 |
| Short ID | 777264 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 150,000 SF |
| Land SF | 704,931 SF |
| Acres | 16.183 |
| Year Built | 2008 |
| Legal | LOT A BLK B MET CENTER II SEC 1 AMD PLAT LT 1-A BLK B RSB OF & LTS 1&2 BLK B MET CENTER II SEC 3 |
| Neighborhood | 66SEA |
| Land | $4,229,586 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,229,586 |
| Improvement | $26,170,414 |
|---|---|
| Total Improvement | $26,170,414 |
| Market | $30,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,400,000 |
| Taxable Value | $30,400,000 |
|---|
Appreciation: Market value has fallen -9.5% from $33,575,357 (2021) to $30,400,000 (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 (2024→2025), 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $629,336. Del Valle ISD is the largest single contributor, at 45.8% 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 14% of market value ($4,229,586 land vs $26,170,414 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $30,400,000, 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 +1.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $38,268,870 by 2031, with an estimated annual tax burden around $674,180. 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 | 347,384 SF | ✗ |
| 1ST | 1st Floor | 150,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 150,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 150,000 SF | ✓ |
| 093 | HVAC COMMRCL SF | 150,000 SF | ✗ |
| 611 | TERRACE | 8,800 SF | ✗ |
| 501 | CANOPY | 4,457 SF | ✗ |
| 435 | FENCE IRON LF | 3,465 SF | ✗ |
| 326 | GUARD HOUSE SF | 80 SF | ✓ |
| 482 | LIGHT POLES | 49 SF | ✓ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $288,465.60 | $288,465.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $159,301.17 | $159,301.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $114,256.88 | $114,256.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,878.99 | $35,878.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $31,433.60 | $31,433.60 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $629,336.24 | $629,336.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $288,465.60 | 45.8% |
| CAT City of Austin | 0.5240% | $159,301.17 | 25.3% |
| TCO Travis County | 0.3758% | $114,256.88 | 18.2% |
| THD Travis Central Health | 0.1180% | $35,878.99 | 5.7% |
| ACT Austin Community College | 0.1034% | $31,433.60 | 5.0% |
| Total | 2.0702% | $629,336.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $35,845,376 | $30,400,000 | +17.9% |
| Assessed Value | $35,845,376 | $30,400,000 | +17.9% |
| Land Value | $4,229,586 | $4,229,586 | +0.0% |
| Improvement Value | $31,615,790 | $26,170,414 | +20.8% |
| Taxable Value | $35,845,376 | $30,400,000 | +17.9% |
| Total Tax 2026 = estimate |
~$742,066
Estimated
|
~$629,336
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $35,845,376 | $4,229,586 | $31,615,790 | — | $35,845,376 | $35,845,376 | Not yet — post-cert | Preliminary |
| 2025 | $30,400,000 | $4,229,586 | $26,170,414 | — | $30,400,000 | $30,400,000 | ~$629,336 | Partial |
| 2024 | $49,987,500 | $3,705,823 | $46,281,677 | — | $49,987,500 | $49,987,500 | $1,013,853 | Verified |
| 2023 | $49,097,532 | $3,705,823 | $45,391,709 | — | $49,097,532 | $49,097,532 | $958,652 | Verified |
| 2022 | $43,112,882 | $3,705,823 | $39,407,059 | — | $43,112,882 | $43,112,882 | $932,498 | Verified |
| 2021 | $33,575,357 | $3,705,823 | $29,869,534 | — | $33,575,357 | $33,575,357 | $777,934 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.9% | +17.9% | ~100% | Not available | Partial |
| 2025 | -39.2% | -39.2% | ~100% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | No billing data | Verified |
| 2023 | +13.9% | +13.9% | ~100% | No billing data | Verified |
| 2022 | +28.4% | +28.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.9% | +4.6% | +1.3% | +28.4% | 2022 | -39.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$629,336 | $862,455 | ~$702,287 | $1,013,853 | 2024 | $629,336 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$36,317,475 | ~$36,317,475 | ~2.0085% | ~$729,432 | +1.3% |
| 2028 | ~$36,795,791 | ~$36,795,791 | ~1.9468% | ~$716,336 | +2.7% |
| 2029 | ~$37,280,407 | ~$37,280,407 | ~1.8851% | ~$702,769 | +4.0% |
| 2030 | ~$37,771,405 | ~$37,771,405 | ~1.8234% | ~$688,720 | +5.4% |
| 2031 | ~$38,268,870 | ~$38,268,870 | ~1.7617% | ~$674,180 | +6.8% |
| 2027 | ~$35,600,567 | ~$35,600,567 | ~2.0702% | ~$736,998 | -0.7% |
| 2028 | ~$35,357,430 | ~$35,357,430 | ~2.0702% | ~$731,964 | -1.4% |
| 2029 | ~$35,115,953 | ~$35,115,953 | ~2.0702% | ~$726,965 | -2.0% |
| 2030 | ~$34,876,126 | ~$34,876,126 | ~2.0702% | ~$722,000 | -2.7% |
| 2031 | ~$34,637,937 | ~$34,637,937 | ~2.0702% | ~$717,069 | -3.4% |
| 2027 | ~$37,034,382 | ~$37,034,382 | ~1.9776% | ~$732,406 | +3.3% |
| 2028 | ~$38,262,828 | ~$38,262,828 | ~1.8851% | ~$721,289 | +6.7% |
| 2029 | ~$39,532,022 | ~$39,532,022 | ~1.7925% | ~$708,628 | +10.3% |
| 2030 | ~$40,843,315 | ~$40,843,315 | ~1.7000% | ~$694,334 | +13.9% |
| 2031 | ~$42,198,105 | ~$42,198,105 | ~1.6074% | ~$678,312 | +17.7% |
In 2025, this property's market value of $30,400,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 22× 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 | $30,400,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $49,987,500 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $49,097,532 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $43,112,882 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $33,575,357 | $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 | — |