7900 METROPOLIS DR TX 78758
| Owner | PREYLOCK MET CENTER LLC |
|---|---|
| Parcel ID | 0316200802 |
| Short ID | 759186 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 143,250 SF |
| Land SF | 759,512 SF |
| Acres | 17.436 |
| Year Built | 2021 |
| Legal | LOT 3-A BLK A MET CENTER II SEC 1 RESUB |
| Neighborhood | 51SEA |
| Land | $4,557,073 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,557,073 |
| Improvement | $18,876,378 |
|---|---|
| Total Improvement | $18,876,378 |
| Market | $23,433,451 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $23,433,451 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $23,433,451 |
| Taxable Value | $23,433,451 |
|---|
Appreciation: Market value has risen +477.8% from $4,055,448 (2021) to $23,433,451 (2025), a CAGR of 55.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant 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 $485,116. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 19% of market value ($4,557,073 land vs $18,876,378 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $23,433,451, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +59.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $435,720,341 by 2031, with an estimated annual tax burden around $1,192,661. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 473,000 SF | ✗ |
| 1ST | 1st Floor | 143,250 SF | ✓ |
| 491 | SPRINKLER HEADS | 143,250 SF | ✗ |
| 881 | COMMCL FINISHOUT | 143,250 SF | ✓ |
| 093 | HVAC COMMRCL SF | 143,250 SF | ✗ |
| 501 | CANOPY | 5,500 SF | ✗ |
| 408 | LOADING RAMP | 800 SF | ✓ |
| 482 | LIGHT POLES | 30 SF | ✓ |
| 413 | STAIRWAY EXT | 3 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% | $222,360.02 | $222,360.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $122,795.27 | $122,795.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $88,073.45 | $88,073.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $27,656.86 | $27,656.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $24,230.19 | $24,230.19 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $485,115.79 | $485,115.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $222,360.02 | 45.8% |
| CAT City of Austin | 0.5240% | $122,795.27 | 25.3% |
| TCO Travis County | 0.3758% | $88,073.45 | 18.2% |
| THD Travis Central Health | 0.1180% | $27,656.86 | 5.7% |
| ACT Austin Community College | 0.1034% | $24,230.19 | 5.0% |
| Total | 2.0702% | $485,115.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $42,036,189 | $23,433,451 | +79.4% |
| Assessed Value | $42,036,189 | $23,433,451 | +79.4% |
| Land Value | $4,557,073 | $4,557,073 | +0.0% |
| Improvement Value | $37,479,116 | $18,876,378 | +98.6% |
| Taxable Value | $42,036,189 | $23,433,451 | +79.4% |
| Total Tax 2026 = estimate |
~$870,227
Estimated
|
~$485,116
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $42,036,189 | $4,557,073 | $37,479,116 | — | $42,036,189 | $42,036,189 | Not yet — post-cert | Preliminary |
| 2025 | $23,433,451 | $4,557,073 | $18,876,378 | — | $23,433,451 | $23,433,451 | ~$485,116 | Partial |
| 2024 | $17,240,237 | $4,557,073 | $12,683,164 | — | $17,240,237 | $17,240,237 | $349,669 | Verified |
| 2023 | $21,186,122 | $4,557,073 | $16,629,049 | — | $21,186,122 | $21,186,122 | $413,669 | Verified |
| 2022 | $16,681,270 | $4,557,073 | $12,124,197 | — | $16,681,270 | $16,681,270 | $360,803 | Verified |
| 2021 | $4,055,448 | $4,055,448 | — | — | $4,055,448 | $4,055,448 | $77,505 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +79.4% ! | +79.4% | ~100% | Not available | Partial |
| 2025 | +35.9% | +35.9% | ~100% | Not available | Partial |
| 2024 | -18.6% | -18.6% | ~100% | No billing data | Verified |
| 2023 | +27.0% | +27.0% | ~100% | No billing data | Verified |
| 2022 | +311.3% ! | +311.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +477.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +79.4% | +87.0% | +59.6% | +311.3% | 2022 | -18.6% | 2024 |
| 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 |
$485,116 | $337,352 | ~$1,057,702 | $485,116 | 2025 | $77,505 | 2021 |
Market value changed by 311% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$67,102,737 | ~$46,239,808 | ~2.0085% | ~$928,720 | +59.6% |
| 2028 | ~$107,116,688 | ~$50,863,789 | ~1.9468% | ~$990,210 | +154.8% |
| 2029 | ~$170,991,308 | ~$55,950,168 | ~1.8851% | ~$1,054,711 | +306.8% |
| 2030 | ~$272,954,925 | ~$61,545,184 | ~1.8234% | ~$1,122,209 | +549.3% |
| 2031 | ~$435,720,341 | ~$67,699,703 | ~1.7617% | ~$1,192,661 | +936.5% |
| 2027 | ~$66,262,013 | ~$46,239,808 | ~2.0702% | ~$957,250 | +57.6% |
| 2028 | ~$104,449,393 | ~$50,863,789 | ~2.0702% | ~$1,052,975 | +148.5% |
| 2029 | ~$164,644,494 | ~$55,950,168 | ~2.0702% | ~$1,158,272 | +291.7% |
| 2030 | ~$259,530,560 | ~$61,545,184 | ~2.0702% | ~$1,274,099 | +517.4% |
| 2031 | ~$409,100,298 | ~$67,699,703 | ~2.0702% | ~$1,401,509 | +873.2% |
| 2027 | ~$67,943,461 | ~$46,239,808 | ~1.9776% | ~$914,456 | +61.6% |
| 2028 | ~$109,817,612 | ~$50,863,789 | ~1.8851% | ~$958,828 | +161.2% |
| 2029 | ~$177,499,169 | ~$55,950,168 | ~1.7925% | ~$1,002,930 | +322.3% |
| 2030 | ~$286,893,464 | ~$61,545,184 | ~1.7000% | ~$1,046,264 | +582.5% |
| 2031 | ~$463,708,422 | ~$67,699,703 | ~1.6074% | ~$1,088,236 | +1003.1% |
In 2025, this property's market value of $23,433,451 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 278× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $23,433,451 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $17,240,237 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $21,186,122 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $16,681,270 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $4,055,448 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |