9600 GREAT HILLS TRL TX 78759
| Owner | KORE GREAT HILLS PLAZA INC |
|---|---|
| Parcel ID | 0154010109 |
| Short ID | 154597 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 147,165 SF |
| Land SF | 365,272 SF |
| Acres | 8.385 |
| Year Built | 1984 |
| Legal | TRT 5&6 GREAT HILLS COMMERCIAL 1 |
| Neighborhood | 51NWE |
| Land | $2,922,176 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,922,176 |
| Improvement | $23,534,526 |
|---|---|
| Total Improvement | $23,534,526 |
| Market | $26,456,702 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,456,702 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,456,702 |
| Taxable Value | $26,456,702 |
|---|
Appreciation: Market value has fallen -26.5% from $36,000,000 (2021) to $26,456,702 (2025), a CAGR of -7.4% 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 $541,432. 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 11% of market value ($2,922,176 land vs $23,534,526 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,456,702, 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 -7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,002,268 by 2030, with an estimated annual tax burden around $339,116. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 153,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 148,107 SF | ✗ |
| 3RD | 3rd Floor | 51,009 SF | ✓ |
| 2ND | 2nd Floor | 49,869 SF | ✓ |
| 1ST | 1st Floor | 46,287 SF | ✓ |
| SO | Sketch Only | 46,287 SF | ✗ |
| 501 | CANOPY | 4,540 SF | ✗ |
| 611 | TERRACE | 2,208 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 1,050 SF | ✗ |
| LOBBY | Lobby | 942 SF | ✓ |
| 482 | LIGHT POLES | 15 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% | $229,449.60 | $229,449.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $129,956.22 | $129,956.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $93,209.56 | $93,209.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29,269.70 | $29,269.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,643.20 | $25,643.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $507,528.28 | $507,528.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $26,682,312 | $26,456,702 | +0.9% |
| Assessed Value | $26,682,312 | $26,456,702 | +0.9% |
| Land Value | $2,922,176 | $2,922,176 | +0.0% |
| Improvement Value | $23,760,136 | $23,534,526 | +1.0% |
| Taxable Value | $26,682,312 | $26,456,702 | +0.9% |
| Total Tax 2026 = estimate |
~$546,050
Estimated
|
~$507,528
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $26,682,312 | $26,682,312 | +0 (+0.0%) |
| Taxable Value | $26,682,312 | $26,682,312 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $26,682,312 | $2,922,176 | $23,760,136 | — | $26,682,312 | $26,682,312 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,456,702 | $2,922,176 | $23,534,526 | — | $26,456,702 | $26,456,702 | ~$507,528 | Partial |
| 2024 | $32,700,000 | — | — | −$29,777,824 | $2,922,176 | $— | $572,453 | Verified |
| 2023 | $37,900,000 | — | — | −$34,977,824 | $2,922,176 | $— | $592,954 | Verified |
| 2022 | $36,051,200 | — | — | −$32,398,480 | $3,652,720 | $— | $750,884 | Verified |
| 2021 | $36,000,000 | — | — | −$32,347,280 | $3,652,720 | $— | $784,719 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2024 | -13.2% | -13.2% | ~100% | 1.9400% | Verified |
| 2023 | -15.6% | -15.6% | ~100% | 1.7400% | Verified |
| 2022 | +11.8% | +11.8% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | -5.3% | -7.6% | +5.1% | 2023 | -19.1% | 2025 |
| Assessment Ratio | 100.0% | 39.5% | — | 100.0% | 2025 | 7.7% | 2023 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$507,528 | $641,707 | ~$412,735 | $784,719 | 2021 | $507,528 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$24,495,934 | ~$24,495,934 | ~2.0139% | ~$493,333 | -7.4% |
| 2027 | ~$22,680,483 | ~$22,680,483 | ~1.9814% | ~$449,388 | -14.3% |
| 2028 | ~$20,999,580 | ~$20,999,580 | ~1.9488% | ~$409,248 | -20.6% |
| 2029 | ~$19,443,252 | ~$19,443,252 | ~1.9163% | ~$372,589 | -26.5% |
| 2030 | ~$18,002,268 | ~$18,002,268 | ~1.8837% | ~$339,116 | -32.0% |
| 2026 | ~$25,133,867 | ~$25,133,867 | ~2.0465% | ~$514,361 | -5.0% |
| 2027 | ~$23,877,174 | ~$23,877,174 | ~2.0465% | ~$488,643 | -9.7% |
| 2028 | ~$22,683,315 | ~$22,683,315 | ~2.0465% | ~$464,211 | -14.3% |
| 2029 | ~$21,549,149 | ~$21,549,149 | ~2.0465% | ~$441,000 | -18.5% |
| 2030 | ~$20,471,692 | ~$20,471,692 | ~2.0465% | ~$418,950 | -22.6% |
| 2026 | ~$25,025,068 | ~$25,025,068 | ~1.9977% | ~$499,916 | -5.4% |
| 2027 | ~$23,670,904 | ~$23,670,904 | ~1.9488% | ~$461,308 | -10.5% |
| 2028 | ~$22,390,016 | ~$22,390,016 | ~1.9000% | ~$425,414 | -15.4% |
| 2029 | ~$21,178,440 | ~$21,178,440 | ~1.8512% | ~$392,054 | -20.0% |
| 2030 | ~$20,032,425 | ~$20,032,425 | ~1.8024% | ~$361,059 | -24.3% |
In 2025, this property's market value of $26,456,702 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $26,456,702 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $32,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $37,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $36,051,200 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $36,000,000 | $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.