6505 N MO-PAC EXPRESSWAY 3101 TX 78731
| Owner | B & C LEASING LLC |
|---|---|
| Parcel ID | 0135011313 |
| Short ID | 713761 |
| 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 3101 BLD 3 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 +41.4% from $955,000 (2021) to $1,350,351 (2025), a CAGR of 9.0% 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,082,096 by 2030, with an estimated annual tax burden around $39,221. 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 | $1,364,481 | $1,350,351 | +1.0% |
| Assessed Value | $1,364,481 | $1,350,351 | +1.0% |
| Land Value | $319,600 | $319,600 | +0.0% |
| Improvement Value | $1,044,881 | $1,030,751 | +1.4% |
| Taxable Value | $1,364,481 | $1,350,351 | +1.0% |
| Total Tax 2026 = estimate |
~$27,924
Estimated
|
~$27,635
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,375,193 | $1,364,481 | -10,712 (-0.8%) |
| Taxable Value | $1,375,193 | $1,364,481 | -10,712 (-0.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,364,481 | $319,600 | $1,044,881 | — | $1,364,481 | $1,364,481 | 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 | $1,081,120 | — | — | −$761,520 | $319,600 | $— | $25,309 | Verified |
| 2023 | $885,514 | — | — | −$693,754 | $191,760 | $— | $19,560 | Verified |
| 2022 | $934,232 | — | — | −$742,472 | $191,760 | $— | $17,488 | Verified |
| 2021 | $955,000 | — | — | −$763,240 | $191,760 | $— | $20,335 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2025 | -3.9% | +4.1% | ~100% | Not available | Partial |
| 2024 | +30.0% | +20.0% | 92.3% | 1.8000% | Verified |
| 2023 | +22.1% | +22.1% | ~100% | 1.8100% | Verified |
| 2022 | -5.2% | -5.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +8.1% | +8.8% | +24.9% | 2025 | -5.2% | 2023 |
| Assessment Ratio | 100.0% | 48.6% | — | 100.0% | 2025 | 20.1% | 2021 |
| 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 | $22,066 | ~$34,281 | $27,635 | 2025 | $17,488 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,472,507 | ~$1,472,507 | ~2.0139% | ~$29,655 | +9.0% |
| 2027 | ~$1,605,714 | ~$1,605,714 | ~1.9814% | ~$31,815 | +18.9% |
| 2028 | ~$1,750,972 | ~$1,750,972 | ~1.9488% | ~$34,124 | +29.7% |
| 2029 | ~$1,909,369 | ~$1,909,369 | ~1.9163% | ~$36,589 | +41.4% |
| 2030 | ~$2,082,096 | ~$2,082,096 | ~1.8837% | ~$39,221 | +54.2% |
| 2026 | ~$1,445,500 | ~$1,445,500 | ~2.0465% | ~$29,582 | +7.0% |
| 2027 | ~$1,547,354 | ~$1,547,354 | ~2.0465% | ~$31,666 | +14.6% |
| 2028 | ~$1,656,385 | ~$1,656,385 | ~2.0465% | ~$33,898 | +22.7% |
| 2029 | ~$1,773,099 | ~$1,773,099 | ~2.0465% | ~$36,286 | +31.3% |
| 2030 | ~$1,898,036 | ~$1,898,036 | ~2.0465% | ~$38,843 | +40.6% |
| 2026 | ~$1,499,514 | ~$1,485,386 | ~1.9977% | ~$29,673 | +11.0% |
| 2027 | ~$1,665,155 | ~$1,633,925 | ~1.9488% | ~$31,843 | +23.3% |
| 2028 | ~$1,849,092 | ~$1,797,317 | ~1.9000% | ~$34,149 | +36.9% |
| 2029 | ~$2,053,348 | ~$1,977,049 | ~1.8512% | ~$36,599 | +52.1% |
| 2030 | ~$2,280,167 | ~$2,174,754 | ~1.8024% | ~$39,197 | +68.9% |
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 | $1,081,120 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $885,514 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $934,232 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $955,000 | $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.