901 S MO-PAC EXPRESSWAY B-2 TX 78746
| Owner | HPIBOP 2&3 JV LP |
|---|---|
| Parcel ID | 0104090508 |
| Short ID | 374443 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 68,880 SF |
| Land SF | 147,795 SF |
| Acres | 3.393 |
| Year Built | 1985 |
| Legal | UNT 2 BLD B BARTON OAKS PLAZA CONDOMINIUM AMENDED PLUS 16.6666 % INT IN COM AREA |
| Neighborhood | 51SWE |
| Land | $2,216,925 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,216,925 |
| Improvement | $24,727,220 |
|---|---|
| Total Improvement | $24,727,220 |
| Market | $26,944,145 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,944,145 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,944,145 |
| Taxable Value | $26,944,145 |
|---|
Appreciation: Market value has fallen -31.6% from $39,377,315 (2021) to $26,944,145 (2025), a CAGR of -9.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $526,350. Eanes ISD is the largest single contributor, at 42.6% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 8% of market value ($2,216,925 land vs $24,727,220 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,944,145, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 -9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,768,233 by 2030, with an estimated annual tax burden around $280,971. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 116,833 SF | ✗ |
| 187 | PARKING GARAGE | 66,928 SF | ✓ |
| 1ST | 1st Floor | 22,960 SF | ✓ |
| 2ND | 2nd Floor | 22,960 SF | ✓ |
| 3RD | 3rd Floor | 22,960 SF | ✓ |
| 4TH | 4th Floor | 22,960 SF | ✓ |
| 5TH | 5th Floor | 22,960 SF | ✓ |
| UBSMT | Unfinished Basement | 6,000 SF | ✓ |
| 501 | CANOPY | 2,924 SF | ✗ |
| LOBBY | Lobby | 2,033 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $224,229.17 | $224,229.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $141,191.90 | $141,191.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $101,268.22 | $101,268.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,800.29 | $31,800.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,860.25 | $27,860.25 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $526,349.83 | $526,349.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,998,196 | $26,944,145 | -3.5% |
| Assessed Value | $25,998,196 | $26,944,145 | -3.5% |
| Land Value | $2,216,925 | $2,216,925 | +0.0% |
| Improvement Value | $23,781,271 | $24,727,220 | -3.8% |
| Taxable Value | $25,998,196 | $26,944,145 | -3.5% |
| Total Tax 2026 = estimate |
~$507,871
Estimated
|
~$526,350
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $25,998,196 | $25,998,196 | +0 (+0.0%) |
| Taxable Value | $25,998,196 | $25,998,196 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $25,998,196 | $2,216,925 | $23,781,271 | — | $25,998,196 | $25,998,196 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,944,145 | $2,216,925 | $24,727,220 | — | $26,944,145 | $26,944,145 | ~$526,350 | Partial |
| 2024 | $34,000,000 | — | — | −$31,783,075 | $2,216,925 | $— | $555,471 | Verified |
| 2023 | $44,885,641 | — | — | −$42,668,716 | $2,216,925 | $— | $628,810 | Verified |
| 2022 | $39,368,067 | — | — | −$37,151,142 | $2,216,925 | $— | $890,048 | Verified |
| 2021 | $39,377,315 | — | — | −$37,160,390 | $2,216,925 | $— | $856,562 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -23.8% | -23.8% | ~100% | 1.9200% | Verified |
| 2023 | -15.3% | -15.3% | ~100% | 1.6500% | Verified |
| 2022 | +14.0% | +14.0% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -31.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.5% | -6.9% | -8.4% | +14.0% | 2023 | -24.3% | 2024 |
| Assessment Ratio | 100.0% | 37.1% | — | 100.0% | 2025 | 4.9% | 2023 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$526,350 | $691,448 | ~$367,613 | $890,048 | 2022 | $526,350 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$24,505,806 | ~$24,505,806 | ~1.8979% | ~$465,099 | -9.0% |
| 2027 | ~$22,288,126 | ~$22,288,126 | ~1.8423% | ~$410,623 | -17.3% |
| 2028 | ~$20,271,138 | ~$20,271,138 | ~1.7868% | ~$362,197 | -24.8% |
| 2029 | ~$18,436,680 | ~$18,436,680 | ~1.7312% | ~$319,174 | -31.6% |
| 2030 | ~$16,768,233 | ~$16,768,233 | ~1.6756% | ~$280,971 | -37.8% |
| 2026 | ~$25,596,938 | ~$25,596,938 | ~1.9535% | ~$500,032 | -5.0% |
| 2027 | ~$24,317,091 | ~$24,317,091 | ~1.9535% | ~$475,031 | -9.7% |
| 2028 | ~$23,101,236 | ~$23,101,236 | ~1.9535% | ~$451,279 | -14.3% |
| 2029 | ~$21,946,175 | ~$21,946,175 | ~1.9535% | ~$428,715 | -18.5% |
| 2030 | ~$20,848,866 | ~$20,848,866 | ~1.9535% | ~$407,279 | -22.6% |
| 2026 | ~$25,044,688 | ~$25,044,688 | ~1.8701% | ~$468,367 | -7.0% |
| 2027 | ~$23,279,136 | ~$23,279,136 | ~1.7868% | ~$415,943 | -13.6% |
| 2028 | ~$21,638,048 | ~$21,638,048 | ~1.7034% | ~$368,583 | -19.7% |
| 2029 | ~$20,112,651 | ~$20,112,651 | ~1.6200% | ~$325,834 | -25.4% |
| 2030 | ~$18,694,788 | ~$18,694,788 | ~1.5367% | ~$287,280 | -30.6% |
In 2025, this property's market value of $26,944,145 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× the county median of $1,417,484. 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 | $26,944,145 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $34,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $44,885,641 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $39,368,067 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $39,377,315 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.