S MO-PAC EXPRESSWAY TX 78748
| Owner | VALOR TEXAS EDUCATION FOUNDATION |
|---|---|
| Parcel ID | 0431470126 |
| Short ID | 346965 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 102,256 SF |
| Land SF | 1,107,296 SF |
| Acres | 25.420 |
| Year Built | 2023 |
| Legal | ABS 340 SUR 163 HAMILTON S ACR 25.4150 |
| Neighborhood | _RGN215 |
| Land | $1,574,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,574,320 |
| Improvement | $21,986,634 |
|---|---|
| Total Improvement | $21,986,634 |
| Market | $23,560,954 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $23,560,954 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $23,560,954 |
| Taxable Value | $23,560,954 |
|---|
Appreciation: Market value has risen +3192.0% from $715,694 (2021) to $23,560,954 (2025), a CAGR of 139.5% over 4 years. This is strong appreciation — well above typical inflation. 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 Agricultural parcel countywide rose +96.0%, so this parcel has outpaced the broader agricultural market over the same period.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes. 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 7% of market value ($1,574,320 land vs $21,986,634 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $23,560,954, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $561,432 (P25 $179,824 / P75 $1,355,511, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +118.9% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,264,935,185 by 2031, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| 093 | HVAC COMMRCL SF | 102,256 SF | ✗ |
| 1ST | 1st Floor | 48,670 SF | ✓ |
| 2ND | 2nd Floor | 26,793 SF | ✓ |
| 3RD | 3rd Floor | 26,793 SF | ✓ |
| 551 | PAVED AREA | 26,592 SF | ✗ |
| 501 | CANOPY | 6,402 SF | ✗ |
| 611 | TERRACE | 3,676 SF | ✗ |
| 413 | STAIRWAY EXT | 6 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,177,709 | $23,560,954 | +6.9% |
| Assessed Value | $25,177,709 | $23,560,954 | +6.9% |
| Land Value | $2,277,124 | $1,574,320 | +44.6% |
| Improvement Value | $22,900,585 | $21,986,634 | +4.2% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $25,177,709 | $2,277,124 | $22,900,585 | — | $25,177,709 | $— | Not yet — post-cert | Preliminary |
| 2025 | $23,560,954 | $1,574,320 | $21,986,634 | — | $23,560,954 | $— | not in county billing file Why? | Partial |
| 2024 | $1,574,320 | $1,574,320 | — | −$257,786 | $1,316,534 | $— | not in county billing file Why? | Partial |
| 2023 | $1,097,112 | $1,097,112 | — | — | $1,097,112 | $— | not in county billing file Why? | Partial |
| 2022 | $1,096,919 | $1,096,919 | — | — | $1,096,919 | $1,096,919 | $19,915 | Verified |
| 2021 | $715,694 | $715,694 | — | — | $715,694 | $715,694 | $15,578 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | +1396.6% ! | +1689.6% | ~100% | Not available | Partial |
| 2024 | +43.5% | +20.0% | 83.6% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +53.3% | +53.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3192.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +300.1% | +118.9% | +1396.6% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 97.3% | — | 100.0% | 2021 | 83.6% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $19,915 | $17,747 | — | $19,915 | 2022 | $15,578 | 2021 |
Market value changed by 1397% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$55,109,519 | ~$55,109,519 | ~0.0000% | ~$0 | +118.9% |
| 2028 | ~$120,624,919 | ~$120,624,919 | ~0.0000% | ~$0 | +379.1% |
| 2029 | ~$264,026,457 | ~$264,026,457 | ~0.0000% | ~$0 | +948.7% |
| 2030 | ~$577,906,874 | ~$577,906,874 | ~0.0000% | ~$0 | +2195.3% |
| 2031 | ~$1,264,935,185 | ~$1,264,935,185 | ~0.0000% | ~$0 | +4924.0% |
| 2027 | ~$54,605,965 | ~$54,605,965 | ~0.0000% | ~$0 | +116.9% |
| 2028 | ~$118,430,609 | ~$118,430,609 | ~0.0000% | ~$0 | +370.4% |
| 2029 | ~$256,854,892 | ~$256,854,892 | ~0.0000% | ~$0 | +920.2% |
| 2030 | ~$557,072,498 | ~$557,072,498 | ~0.0000% | ~$0 | +2112.6% |
| 2031 | ~$1,208,190,998 | ~$1,208,190,998 | ~0.0000% | ~$0 | +4698.7% |
| 2027 | ~$55,613,073 | ~$55,613,073 | ~0.0000% | ~$0 | +120.9% |
| 2028 | ~$122,839,371 | ~$122,839,371 | ~0.0000% | ~$0 | +387.9% |
| 2029 | ~$271,330,285 | ~$271,330,285 | ~0.0000% | ~$0 | +977.7% |
| 2030 | ~$599,320,258 | ~$599,320,258 | ~0.0000% | ~$0 | +2280.4% |
| 2031 | ~$1,323,791,673 | ~$1,323,791,673 | ~0.0000% | ~$0 | +5157.8% |
In 2025, this property's market value of $23,560,954 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 42× the county median of $561,432. Agricultural here is the broad TCAD category — every agricultural 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 | $23,560,954 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $1,574,320 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $1,097,112 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $1,096,919 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $715,694 | $105,498 | $286,444 | $607,111 | ↑ 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 |
| 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 | — |