6505 N MO-PAC EXPRESSWAY 1205 TX 78731
| Owner | CNACK LLC |
|---|---|
| Parcel ID | 0135011319 |
| Short ID | 730510 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 4,559 SF |
| Land SF | 12,998 SF |
| Acres | 0.298 |
| Year Built | 2005 |
| Legal | UNT 1205 BLD 1 NORTHWEST HILLS MEDICAL CENTER CONDOMINIUMS AMENDED PLUS 6.06 % INT IN COM AREA |
| Neighborhood | 26NW10 |
| Land | $649,915 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $649,915 |
| Improvement | $1,200,085 |
|---|---|
| Total Improvement | $1,200,085 |
| Market | $1,850,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,850,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,850,000 |
| Taxable Value | $1,850,000 |
|---|
Appreciation: Market value has risen +12.4% from $1,646,352 (2021) to $1,850,000 (2025), a CAGR of 3.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $37,860. 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 35% of market value ($649,915 land vs $1,200,085 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 $1,850,000, 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,140,341 by 2030, with an estimated annual tax burden around $40,319. 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 | 4,559 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% | $17,116.20 | $17,116.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,694.31 | $9,694.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,953.13 | $6,953.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,183.43 | $2,183.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,912.90 | $1,912.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,859.97 | $37,859.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,141,401 | $1,850,000 | +15.8% |
| Assessed Value | $2,141,401 | $1,850,000 | +15.8% |
| Land Value | $649,915 | $649,915 | +0.0% |
| Improvement Value | $1,491,486 | $1,200,085 | +24.3% |
| Taxable Value | $2,141,401 | $1,850,000 | +15.8% |
| Total Tax 2026 = estimate |
~$43,823
Estimated
|
~$37,860
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,353,188 | $2,141,401 | -211,787 (-9.0%) |
| Taxable Value | $2,220,000 | $2,141,401 | -78,599 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,141,401 | $649,915 | $1,491,486 | — | $2,141,401 | $2,141,401 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,850,000 | $649,915 | $1,200,085 | — | $1,850,000 | $1,850,000 | ~$37,860 | Partial |
| 2024 | $1,936,342 | — | — | −$1,286,427 | $649,915 | $— | $46,050 | Verified |
| 2023 | $1,515,412 | — | — | −$1,125,463 | $389,949 | $— | $35,033 | Verified |
| 2022 | $1,612,050 | — | — | −$1,222,101 | $389,949 | $— | $29,928 | Verified |
| 2021 | $1,646,352 | — | — | −$1,256,403 | $389,949 | $— | $35,089 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.2% | +20.0% | 94.3% | Not available | Partial |
| 2025 | -23.0% | -20.4% | ~100% | Not available | Partial |
| 2024 | +24.0% | +20.0% | 96.8% | 1.9200% | Verified |
| 2023 | +27.8% | +27.8% | ~100% | 1.8100% | Verified |
| 2022 | -6.0% | -6.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.8% | +6.2% | +0.2% | +27.8% | 2024 | -6.0% | 2023 |
| Assessment Ratio | 100.0% | 51.2% | — | 100.0% | 2025 | 23.7% | 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 |
$37,860 | $36,792 | ~$39,344 | $46,050 | 2024 | $29,928 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,904,732 | ~$1,904,732 | ~2.0139% | ~$38,360 | +3.0% |
| 2027 | ~$1,961,084 | ~$1,961,084 | ~1.9814% | ~$38,857 | +6.0% |
| 2028 | ~$2,019,103 | ~$2,019,103 | ~1.9488% | ~$39,349 | +9.1% |
| 2029 | ~$2,078,839 | ~$2,078,839 | ~1.9163% | ~$39,837 | +12.4% |
| 2030 | ~$2,140,341 | ~$2,140,341 | ~1.8837% | ~$40,319 | +15.7% |
| 2026 | ~$1,867,732 | ~$1,867,732 | ~2.0465% | ~$38,223 | +1.0% |
| 2027 | ~$1,885,635 | ~$1,885,635 | ~2.0465% | ~$38,589 | +1.9% |
| 2028 | ~$1,903,709 | ~$1,903,709 | ~2.0465% | ~$38,959 | +2.9% |
| 2029 | ~$1,921,956 | ~$1,921,956 | ~2.0465% | ~$39,333 | +3.9% |
| 2030 | ~$1,940,378 | ~$1,940,378 | ~2.0465% | ~$39,710 | +4.9% |
| 2026 | ~$1,941,732 | ~$1,941,732 | ~1.9977% | ~$38,789 | +5.0% |
| 2027 | ~$2,038,014 | ~$2,038,014 | ~1.9488% | ~$39,718 | +10.2% |
| 2028 | ~$2,139,069 | ~$2,139,069 | ~1.9000% | ~$40,643 | +15.6% |
| 2029 | ~$2,245,135 | ~$2,245,135 | ~1.8512% | ~$41,562 | +21.4% |
| 2030 | ~$2,356,460 | ~$2,356,460 | ~1.8024% | ~$42,472 | +27.4% |
In 2025, this property's market value of $1,850,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +31% 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 | $1,850,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,936,342 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,515,412 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,612,050 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,646,352 | $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.