6405 BRIDGE POINT PKWY TX 78730
| Owner | BRIDGEPOINT PKWY INVESTORS LLC |
|---|---|
| Parcel ID | 0137150201 |
| Short ID | 134350 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 78,898 SF |
| Land SF | 174,785 SF |
| Acres | 4.013 |
| Year Built | 1985 |
| Legal | LOT 2 HIDDEN VALLEY PHS B |
| Neighborhood | 51NWE |
| Land | $2,621,775 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,621,775 |
| Improvement | $13,767,433 |
|---|---|
| Total Improvement | $13,767,433 |
| Market | $16,389,208 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,389,208 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,389,208 |
| Taxable Value | $16,389,208 |
|---|
Appreciation: Market value has fallen -51.2% from $33,600,000 (2021) to $16,389,208 (2025), a CAGR of -16.4% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $335,403. 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 16% of market value ($2,621,775 land vs $13,767,433 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,389,208, this parcel sits in the top quartile (≥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 -16.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,680,844 by 2030, with an estimated annual tax burden around $125,850. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 135,456 SF | ✓ |
| 491 | SPRINKLER HEADS | 131,200 SF | ✗ |
| 4TH | 4th Floor | 29,214 SF | ✓ |
| 1ST | 1st Floor | 27,052 SF | ✓ |
| 2ND | 2nd Floor | 26,351 SF | ✓ |
| 3RD | 3rd Floor | 25,495 SF | ✓ |
| 5TH | 5th Floor | 23,088 SF | ✓ |
| 551 | PAVED AREA | 12,000 SF | ✗ |
| 611 | TERRACE | 3,955 SF | ✗ |
| 501 | CANOPY | 2,943 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $151,632.95 | $151,632.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $85,882.24 | $85,882.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $61,598.02 | $61,598.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,343.03 | $19,343.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,946.44 | $16,946.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $335,402.68 | $335,402.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,557,632 | $16,389,208 | -5.1% |
| Assessed Value | $15,557,632 | $16,389,208 | -5.1% |
| Land Value | $2,621,775 | $2,621,775 | +0.0% |
| Improvement Value | $12,935,857 | $13,767,433 | -6.0% |
| Taxable Value | $15,557,632 | $16,389,208 | -5.1% |
| Total Tax 2026 = estimate |
~$318,385
Estimated
|
~$335,403
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,755,025 | $15,557,632 | -12,197,393 (-43.9%) |
| Taxable Value | $27,755,025 | $15,557,632 | -12,197,393 (-43.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,557,632 | $2,621,775 | $12,935,857 | — | $15,557,632 | $15,557,632 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,389,208 | $2,621,775 | $13,767,433 | — | $16,389,208 | $16,389,208 | ~$335,403 | Partial |
| 2024 | $30,939,646 | — | — | −$28,317,871 | $2,621,775 | $— | $492,522 | Verified |
| 2023 | $32,300,000 | — | — | −$29,678,225 | $2,621,775 | $— | $559,775 | Verified |
| 2022 | $32,984,400 | — | — | −$30,362,625 | $2,621,775 | $— | $639,713 | Verified |
| 2021 | $33,600,000 | — | — | −$30,978,225 | $2,621,775 | $— | $656,131 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +69.3% | +69.3% | ~100% | Not available | Partial |
| 2025 | -34.1% | -34.1% | ~100% | Not available | Partial |
| 2024 | -19.7% | -19.7% | ~100% | 1.9800% | Verified |
| 2023 | -9.4% | -9.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -50.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.1% | -12.0% | -15.5% | -1.8% | 2022 | -47.0% | 2025 |
| Assessment Ratio | 100.0% | 38.7% | — | 100.0% | 2025 | 7.8% | 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 |
$335,403 | $536,709 | ~$193,621 | $656,131 | 2021 | $335,403 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,696,596 | ~$13,696,596 | ~2.0139% | ~$275,841 | -16.4% |
| 2027 | ~$11,446,358 | ~$11,446,358 | ~1.9814% | ~$226,797 | -30.2% |
| 2028 | ~$9,565,815 | ~$9,565,815 | ~1.9488% | ~$186,422 | -41.6% |
| 2029 | ~$7,994,230 | ~$7,994,230 | ~1.9163% | ~$153,193 | -51.2% |
| 2030 | ~$6,680,844 | ~$6,680,844 | ~1.8837% | ~$125,850 | -59.2% |
| 2026 | ~$15,569,748 | ~$15,569,748 | ~2.0465% | ~$318,633 | -5.0% |
| 2027 | ~$14,791,260 | ~$14,791,260 | ~2.0465% | ~$302,701 | -9.8% |
| 2028 | ~$14,051,697 | ~$14,051,697 | ~2.0465% | ~$287,566 | -14.3% |
| 2029 | ~$13,349,112 | ~$13,349,112 | ~2.0465% | ~$273,188 | -18.5% |
| 2030 | ~$12,681,657 | ~$12,681,657 | ~2.0465% | ~$259,528 | -22.6% |
| 2026 | ~$14,024,380 | ~$14,024,380 | ~1.9977% | ~$280,160 | -14.4% |
| 2027 | ~$12,000,777 | ~$12,000,777 | ~1.9488% | ~$233,876 | -26.8% |
| 2028 | ~$10,269,164 | ~$10,269,164 | ~1.9000% | ~$195,116 | -37.3% |
| 2029 | ~$8,787,408 | ~$8,787,408 | ~1.8512% | ~$162,672 | -46.4% |
| 2030 | ~$7,519,457 | ~$7,519,457 | ~1.8024% | ~$135,529 | -54.1% |
In 2025, this property's market value of $16,389,208 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $16,389,208 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $30,939,646 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $32,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $32,984,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $33,600,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.