2525 WALLINGWOOD DR C-1 TX 78746
| Owner | TL OFFICE LLC |
|---|---|
| Parcel ID | 0105090404 |
| Short ID | 540790 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,262 SF |
| Land SF | 5,636 SF |
| Acres | 0.129 |
| Year Built | 1974 |
| Legal | UNT 1-C BLD 1 TIMBERLINE OFFICE PARK CONDOMINIUMS AMENDED THE PLUS 1.612% INTEREST IN COMMON AREA |
| Neighborhood | 23ENS01 |
| Land | $140,912 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $140,912 |
| Improvement | $201,685 |
|---|---|
| Total Improvement | $201,685 |
| Market | $342,597 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $342,597 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $342,597 |
| Taxable Value | $342,597 |
|---|
Appreciation: Market value has fallen -12.9% from $393,273 (2021) to $342,597 (2025), a CAGR of -3.4% 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 $6,693. 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 41% of market value ($140,912 land vs $201,685 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $342,597, this parcel sits in the bottom quartile (<25th 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 -3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $288,334 by 2030, with an estimated annual tax burden around $4,831. 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 | 1,262 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% | $2,562.95 | $2,562.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,613.83 | $1,613.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,157.50 | $1,157.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $363.48 | $363.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $318.44 | $318.44 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $6,016.20 | $6,016.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $313,874 | $342,597 | -8.4% |
| Assessed Value | $313,874 | $342,597 | -8.4% |
| Land Value | $140,912 | $140,912 | +0.0% |
| Improvement Value | $172,962 | $201,685 | -14.2% |
| Taxable Value | $313,874 | $342,597 | -8.4% |
| Total Tax 2026 = estimate |
~$6,131
Estimated
|
~$6,016
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $344,917 | $313,874 | -31,043 (-9.0%) |
| Taxable Value | $344,917 | $313,874 | -31,043 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $313,874 | $140,912 | $172,962 | — | $313,874 | $313,874 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $342,597 | $140,912 | $201,685 | — | $342,597 | $342,597 | ~$6,016 | Partial |
| 2024 | $419,405 | — | — | −$278,493 | $140,912 | $— | $5,903 | Verified |
| 2023 | $402,000 | — | — | −$261,088 | $140,912 | $— | $7,708 | Verified |
| 2022 | $395,000 | — | — | −$254,088 | $140,912 | $— | $7,971 | Verified |
| 2021 | $393,273 | — | — | −$252,361 | $140,912 | $— | $8,594 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | +11.2% | +11.2% | ~100% | Not available | Partial |
| 2024 | -35.7% | -35.7% | ~100% | 1.9200% | Verified |
| 2023 | +19.2% | +19.2% | ~100% | 1.6100% | Verified |
| 2022 | +1.8% | +1.8% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.4% | -4.0% | -1.6% | +4.3% | 2024 | -18.3% | 2025 |
| Assessment Ratio | 100.0% | 56.7% | — | 100.0% | 2025 | 33.6% | 2024 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,016 | $7,239 | ~$5,538 | $8,594 | 2021 | $5,903 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$330,983 | ~$330,983 | ~1.8979% | ~$6,282 | -3.4% |
| 2027 | ~$319,763 | ~$319,763 | ~1.8423% | ~$5,891 | -6.7% |
| 2028 | ~$308,923 | ~$308,923 | ~1.7868% | ~$5,520 | -9.8% |
| 2029 | ~$298,451 | ~$298,451 | ~1.7312% | ~$5,167 | -12.9% |
| 2030 | ~$288,334 | ~$288,334 | ~1.6756% | ~$4,831 | -15.8% |
| 2026 | ~$325,467 | ~$325,467 | ~1.9535% | ~$6,358 | -5.0% |
| 2027 | ~$309,194 | ~$309,194 | ~1.9535% | ~$6,040 | -9.7% |
| 2028 | ~$293,734 | ~$293,734 | ~1.9535% | ~$5,738 | -14.3% |
| 2029 | ~$279,047 | ~$279,047 | ~1.9535% | ~$5,451 | -18.5% |
| 2030 | ~$265,095 | ~$265,095 | ~1.9535% | ~$5,179 | -22.6% |
| 2026 | ~$337,835 | ~$337,835 | ~1.8701% | ~$6,318 | -1.4% |
| 2027 | ~$333,139 | ~$333,139 | ~1.7868% | ~$5,952 | -2.8% |
| 2028 | ~$328,509 | ~$328,509 | ~1.7034% | ~$5,596 | -4.1% |
| 2029 | ~$323,943 | ~$323,943 | ~1.6200% | ~$5,248 | -5.4% |
| 2030 | ~$319,440 | ~$319,440 | ~1.5367% | ~$4,909 | -6.8% |
In 2025, this property's market value of $342,597 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -76% below 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 | $342,597 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $419,405 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $402,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $395,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $393,273 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.