5820 BALCONES DR 200 TX 78731
| Owner | BROWN ELIZABETH & |
|---|---|
| Parcel ID | 0132031304 |
| Short ID | 541543 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,129 SF |
| Land SF | 3,487 SF |
| Acres | 0.080 |
| Year Built | 1981 |
| Legal | UNT 200 BALCONES DRIVE BUSINESS CENTER OFFICE CONDOMINIUMS PLUS 20.5% INTEREST IN COMMON AREA |
| Neighborhood | 23NW01 |
| Land | $69,740 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $69,740 |
| Improvement | $297,506 |
|---|---|
| Total Improvement | $297,506 |
| Market | $367,246 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $367,246 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $367,246 |
| Taxable Value | $367,246 |
|---|
Appreciation: Market value has risen +110.2% from $174,745 (2021) to $367,246 (2025), a CAGR of 20.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,516. Austin ISD is the largest single contributor, at 45.2% 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 19% of market value ($69,740 land vs $297,506 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $367,246, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $929,282 by 2030, with an estimated annual tax burden around $11,141. 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 | 1,129 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,397.76 | $3,397.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,924.43 | $1,924.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,380.28 | $1,380.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $433.43 | $433.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $379.73 | $379.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,515.63 | $7,515.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $352,823 | $367,246 | -3.9% |
| Assessed Value | $352,823 | $367,246 | -3.9% |
| Land Value | $69,740 | $69,740 | +0.0% |
| Improvement Value | $283,083 | $297,506 | -4.8% |
| Taxable Value | $352,823 | $367,246 | -3.9% |
| Total Tax 2026 = estimate |
~$7,220
Estimated
|
~$7,516
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $352,823 | $352,823 | +0 (+0.0%) |
| Taxable Value | $352,823 | $352,823 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $352,823 | $69,740 | $283,083 | — | $352,823 | $352,823 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $367,246 | $69,740 | $297,506 | — | $367,246 | $367,246 | ~$7,516 | Partial |
| 2024 | $329,724 | — | — | −$259,984 | $69,740 | $— | $7,057 | Verified |
| 2023 | $286,321 | — | — | −$216,581 | $69,740 | $— | $5,966 | Verified |
| 2022 | $252,000 | — | — | −$182,260 | $69,740 | $— | $5,655 | Verified |
| 2021 | $174,745 | — | — | −$122,440 | $52,305 | $— | $5,485 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | +3.1% | +3.1% | ~100% | Not available | Partial |
| 2024 | +8.0% | +8.0% | ~100% | 1.9800% | Verified |
| 2023 | +15.2% | +15.2% | ~100% | 1.8100% | Verified |
| 2022 | +5.4% | +5.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +16.1% | +21.4% | +44.2% | 2022 | -3.9% | 2026 |
| Assessment Ratio | 100.0% | 50.5% | — | 100.0% | 2025 | 21.2% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,516 | $6,336 | ~$9,582 | $7,516 | 2025 | $5,485 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$442,176 | ~$403,971 | ~2.0139% | ~$8,136 | +20.4% |
| 2027 | ~$532,394 | ~$444,368 | ~1.9814% | ~$8,805 | +45.0% |
| 2028 | ~$641,020 | ~$488,804 | ~1.9488% | ~$9,526 | +74.5% |
| 2029 | ~$771,808 | ~$537,685 | ~1.9163% | ~$10,304 | +110.2% |
| 2030 | ~$929,282 | ~$591,453 | ~1.8837% | ~$11,141 | +153.0% |
| 2026 | ~$434,831 | ~$403,971 | ~2.0465% | ~$8,267 | +18.4% |
| 2027 | ~$514,854 | ~$444,368 | ~2.0465% | ~$9,094 | +40.2% |
| 2028 | ~$609,604 | ~$488,804 | ~2.0465% | ~$10,003 | +66.0% |
| 2029 | ~$721,790 | ~$537,685 | ~2.0465% | ~$11,004 | +96.5% |
| 2030 | ~$854,623 | ~$591,453 | ~2.0465% | ~$12,104 | +132.7% |
| 2026 | ~$449,521 | ~$403,971 | ~1.9977% | ~$8,070 | +22.4% |
| 2027 | ~$550,228 | ~$444,368 | ~1.9488% | ~$8,660 | +49.8% |
| 2028 | ~$673,497 | ~$488,804 | ~1.9000% | ~$9,287 | +83.4% |
| 2029 | ~$824,382 | ~$537,685 | ~1.8512% | ~$9,954 | +124.5% |
| 2030 | ~$1,009,070 | ~$591,453 | ~1.8024% | ~$10,660 | +174.8% |
In 2025, this property's market value of $367,246 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% 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 | $367,246 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $329,724 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $286,321 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $252,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $174,745 | $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.