6505 N MO-PAC EXPRESSWAY 2101 TX 78731
| Owner | 6500 BLDG 2 L L C |
|---|---|
| Parcel ID | 0135011306 |
| Short ID | 713754 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,664 SF |
| Land SF | 6,392 SF |
| Acres | 0.147 |
| Year Built | 2005 |
| Legal | UNT 2101 BLD 2 NORTHWEST HILLS MEDICAL CENTER CONDOMINIUMS AMENDED PLUS 4.4 % INT IN COM AREA |
| Neighborhood | 26NW10 |
| Land | $319,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $319,600 |
| Improvement | $1,030,751 |
|---|---|
| Total Improvement | $1,030,751 |
| Market | $1,350,351 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,350,351 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,350,351 |
| Taxable Value | $1,350,351 |
|---|
Appreciation: Market value has risen +59.2% from $848,000 (2021) to $1,350,351 (2025), a CAGR of 12.3% 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 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 $27,635. 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 24% of market value ($319,600 land vs $1,030,751 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,350,351, this parcel sits in the lower-middle (25th–50th 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 +12.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,415,518 by 2030, with an estimated annual tax burden around $40,967. 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 | 2,664 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% | $12,493.45 | $12,493.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,076.07 | $7,076.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,075.23 | $5,075.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,593.72 | $1,593.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,396.26 | $1,396.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,634.73 | $27,634.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,080,000 | $1,350,351 | -20.0% |
| Assessed Value | $1,080,000 | $1,350,351 | -20.0% |
| Land Value | $319,600 | $319,600 | +0.0% |
| Improvement Value | $760,400 | $1,030,751 | -26.2% |
| Taxable Value | $1,080,000 | $1,350,351 | -20.0% |
| Total Tax 2026 = estimate |
~$22,102
Estimated
|
~$27,635
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,375,193 | $1,080,000 | -295,193 (-21.5%) |
| Taxable Value | $1,375,193 | $1,080,000 | -295,193 (-21.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,080,000 | $319,600 | $760,400 | — | $1,080,000 | $1,080,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,350,351 | $319,600 | $1,030,751 | — | $1,350,351 | $1,350,351 | ~$27,635 | Partial |
| 2024 | $990,400 | — | — | −$670,800 | $319,600 | $— | $23,553 | Verified |
| 2023 | $868,331 | — | — | −$676,571 | $191,760 | $— | $17,919 | Verified |
| 2022 | $847,152 | — | — | −$655,392 | $191,760 | $— | $17,149 | Verified |
| 2021 | $848,000 | — | — | −$656,240 | $191,760 | $— | $18,440 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2025 | +3.4% | +13.6% | ~100% | Not available | Partial |
| 2024 | +31.9% | +20.0% | 91.0% | 1.8000% | Verified |
| 2023 | +14.1% | +14.1% | ~100% | 1.8100% | Verified |
| 2022 | +2.5% | +2.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +59.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.0% | +6.6% | +18.0% | +36.3% | 2025 | -20.0% | 2026 |
| Assessment Ratio | 100.0% | 49.9% | — | 100.0% | 2025 | 22.1% | 2023 |
| 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 |
$27,635 | $20,939 | ~$35,234 | $27,635 | 2025 | $17,149 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,516,908 | ~$1,485,386 | ~2.0139% | ~$29,915 | +12.3% |
| 2027 | ~$1,704,010 | ~$1,633,925 | ~1.9814% | ~$32,374 | +26.2% |
| 2028 | ~$1,914,189 | ~$1,797,317 | ~1.9488% | ~$35,027 | +41.8% |
| 2029 | ~$2,150,292 | ~$1,977,049 | ~1.9163% | ~$37,886 | +59.2% |
| 2030 | ~$2,415,518 | ~$2,174,754 | ~1.8837% | ~$40,967 | +78.9% |
| 2026 | ~$1,489,901 | ~$1,485,386 | ~2.0465% | ~$30,398 | +10.3% |
| 2027 | ~$1,643,874 | ~$1,633,925 | ~2.0465% | ~$33,438 | +21.7% |
| 2028 | ~$1,813,758 | ~$1,797,317 | ~2.0465% | ~$36,782 | +34.3% |
| 2029 | ~$2,001,198 | ~$1,977,049 | ~2.0465% | ~$40,460 | +48.2% |
| 2030 | ~$2,208,010 | ~$2,174,754 | ~2.0465% | ~$44,506 | +63.5% |
| 2026 | ~$1,543,915 | ~$1,485,386 | ~1.9977% | ~$29,673 | +14.3% |
| 2027 | ~$1,765,226 | ~$1,633,925 | ~1.9488% | ~$31,843 | +30.7% |
| 2028 | ~$2,018,261 | ~$1,797,317 | ~1.9000% | ~$34,149 | +49.5% |
| 2029 | ~$2,307,566 | ~$1,977,049 | ~1.8512% | ~$36,599 | +70.9% |
| 2030 | ~$2,638,341 | ~$2,174,754 | ~1.8024% | ~$39,197 | +95.4% |
In 2025, this property's market value of $1,350,351 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -5% 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 | $1,350,351 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $990,400 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $868,331 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $847,152 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $848,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.