2525 WALLINGWOOD DR B-1 TX 78746
| Owner | TL OFFICE LLC |
|---|---|
| Parcel ID | 0105090403 |
| Short ID | 540789 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 8,620 SF |
| Land SF | 38,545 SF |
| Acres | 0.885 |
| Year Built | 1974 |
| Legal | UNT 1-B BLD 1 TIMBERLINE OFFICE PARK CONDOMINIUMS AMENDED THE PLUS 11.011% INTEREST IN COMMON AREA |
| Neighborhood | 23ENS01 |
| Land | $963,628 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $963,628 |
| Improvement | $976,449 |
|---|---|
| Total Improvement | $976,449 |
| Market | $1,940,077 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,940,077 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,940,077 |
| Taxable Value | $1,940,077 |
|---|
Appreciation: Market value has fallen -18.3% from $2,375,741 (2021) to $1,940,077 (2025), a CAGR of -4.9% 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 +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 $37,899. 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 50% of market value ($963,628 land vs $976,449 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,940,077, this parcel sits in the upper-middle (50th–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 -4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,506,065 by 2030, with an estimated annual tax burden around $25,236. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 8,620 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% | $16,145.32 | $16,145.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,166.33 | $10,166.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,291.68 | $7,291.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,289.74 | $2,289.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,006.04 | $2,006.04 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $37,899.11 | $37,899.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,108,476 | $1,940,077 | +8.7% |
| Assessed Value | $2,108,476 | $1,940,077 | +8.7% |
| Land Value | $963,628 | $963,628 | +0.0% |
| Improvement Value | $1,144,848 | $976,449 | +17.2% |
| Taxable Value | $2,108,476 | $1,940,077 | +8.7% |
| Total Tax 2026 = estimate |
~$41,189
Estimated
|
~$37,899
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,168,732 | $2,108,476 | -60,256 (-2.8%) |
| Taxable Value | $2,168,732 | $2,108,476 | -60,256 (-2.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,108,476 | $963,628 | $1,144,848 | — | $2,108,476 | $2,108,476 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,940,077 | $963,628 | $976,449 | — | $1,940,077 | $1,940,077 | ~$37,899 | Partial |
| 2024 | $2,507,000 | — | — | −$1,543,372 | $963,628 | $— | $37,188 | Verified |
| 2023 | $2,507,000 | — | — | −$1,543,372 | $963,628 | $— | $46,072 | Verified |
| 2022 | $2,390,000 | — | — | −$1,426,372 | $963,628 | $— | $49,712 | Verified |
| 2021 | $2,375,741 | — | — | −$1,412,113 | $963,628 | $— | $52,001 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.8% | +11.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -22.6% | -22.6% | ~100% | 1.9200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8400% | Verified |
| 2022 | +4.9% | +4.9% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.7% | -1.7% | -6.5% | +8.7% | 2026 | -22.6% | 2025 |
| Assessment Ratio | 100.0% | 59.6% | — | 100.0% | 2025 | 38.4% | 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 |
$37,899 | $44,574 | ~$29,949 | $52,001 | 2021 | $37,188 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,844,268 | ~$1,844,268 | ~1.8979% | ~$35,003 | -4.9% |
| 2027 | ~$1,753,190 | ~$1,753,190 | ~1.8423% | ~$32,300 | -9.6% |
| 2028 | ~$1,666,610 | ~$1,666,610 | ~1.7868% | ~$29,778 | -14.1% |
| 2029 | ~$1,584,305 | ~$1,584,305 | ~1.7312% | ~$27,427 | -18.3% |
| 2030 | ~$1,506,065 | ~$1,506,065 | ~1.6756% | ~$25,236 | -22.4% |
| 2026 | ~$1,843,073 | ~$1,843,073 | ~1.9535% | ~$36,004 | -5.0% |
| 2027 | ~$1,750,919 | ~$1,750,919 | ~1.9535% | ~$34,204 | -9.8% |
| 2028 | ~$1,663,374 | ~$1,663,374 | ~1.9535% | ~$32,494 | -14.3% |
| 2029 | ~$1,580,205 | ~$1,580,205 | ~1.9535% | ~$30,869 | -18.5% |
| 2030 | ~$1,501,195 | ~$1,501,195 | ~1.9535% | ~$29,326 | -22.6% |
| 2026 | ~$1,883,069 | ~$1,883,069 | ~1.8701% | ~$35,216 | -2.9% |
| 2027 | ~$1,827,736 | ~$1,827,736 | ~1.7868% | ~$32,657 | -5.8% |
| 2028 | ~$1,774,030 | ~$1,774,030 | ~1.7034% | ~$30,219 | -8.6% |
| 2029 | ~$1,721,901 | ~$1,721,901 | ~1.6200% | ~$27,896 | -11.2% |
| 2030 | ~$1,671,304 | ~$1,671,304 | ~1.5367% | ~$25,683 | -13.9% |
In 2025, this property's market value of $1,940,077 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +37% above 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 | $1,940,077 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,507,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,507,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,390,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,375,741 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.