UNT 12A OFFICES AT FOUR POINTS CONDOMINIUMS PLUS 19.0 % INT IN COM AREA
| Owner | FALCONHEAD OFFICES LLC |
|---|---|
| Parcel ID | 0158300302 |
| Short ID | 951186 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 22,584 SF |
| Land SF | 76,087 SF |
| Acres | 1.747 |
| Year Built | 2022 |
| Legal | UNT 12A OFFICES AT FOUR POINTS CONDOMINIUMS PLUS 19.0 % INT IN COM AREA |
| Neighborhood | NW3 |
| Land | $760,873 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $760,873 |
| Improvement | $1,928,350 |
|---|---|
| Total Improvement | $1,928,350 |
| Market | $2,689,223 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,689,223 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,689,223 |
| Taxable Value | $2,689,223 |
|---|
Appreciation: Market value has risen +50.4% from $1,787,453 (2024) to $2,689,223 (2025), a CAGR of 50.4% over 1 year. 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 Land/Vacant parcel countywide rose +28.8%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $59,383. Leander ISD is the largest single contributor, at 49.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 28% of market value ($760,873 land vs $1,928,350 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,689,223, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +50.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,729,448 by 2030, with an estimated annual tax burden around $82,438. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,900 SF | ✗ |
| 1ST | 1st Floor | 11,292 SF | ✓ |
| 2ND | 2nd Floor | 11,292 SF | ✓ |
Market value changed by 255% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $29,229.16 | $29,229.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,091.99 | $14,091.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,107.31 | $10,107.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,173.90 | $3,173.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,780.66 | $2,780.66 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $59,383.02 | $59,383.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,300,000 | $2,689,223 | +22.7% |
| Assessed Value | $3,227,068 | $2,689,223 | +20.0% |
| Land Value | $760,873 | $760,873 | +0.0% |
| Improvement Value | $2,539,127 | $1,928,350 | +31.7% |
| Taxable Value | $3,227,068 | $2,689,223 | +20.0% |
| HS Cap Loss | -$72,932 | — | |
| Total Tax 2026 = estimate |
~$71,260
Estimated
|
~$59,383
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,823,452 | $3,300,000 | -2,523,452 (-43.3%) |
| Taxable Value | $5,823,452 | $3,227,068 | -2,596,384 (-44.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,300,000 | $760,873 | $2,539,127 | −$72,932 | $3,227,068 | $3,227,068 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,689,223 | $760,873 | $1,928,350 | — | $2,689,223 | $2,689,223 | ~$59,383 | Partial |
| 2024 | $1,787,453 | — | — | −$1,026,580 | $760,873 | $— | $59,196 | Verified |
| 2023 | $— | — | — | — | $760,873 | $— | $36,794 | Verified |
| 2022 | $— | — | — | — | $746,531 | $— | $16,819 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +116.5% ! | +116.5% | ~100% | Not available | Partial |
| 2025 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2024 | +5.4% | +5.4% | ~100% | 2.1200% | Verified |
| 2023 | +255.3% ! | +255.3% | ~100% | 1.3900% | Verified |
| 2022 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +260.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.7% | +36.5% | +44.9% | +50.4% | 2025 | +22.7% | 2026 |
| Assessment Ratio | 97.8% | 80.1% | — | 100.0% | 2025 | 42.6% | 2024 |
| Effective Tax Rate (2025) | 2.2100% | 2.2100% | — | 2.2100% | 2025 | 2.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,383 | $59,290 | ~$72,736 | $59,383 | 2025 | $59,196 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,045,936 | ~$2,958,145 | ~2.1472% | ~$63,518 | +50.4% |
| 2027 | ~$6,087,111 | ~$3,253,960 | ~2.0863% | ~$67,887 | +126.4% |
| 2028 | ~$9,158,058 | ~$3,579,356 | ~2.0253% | ~$72,494 | +240.5% |
| 2029 | ~$13,778,298 | ~$3,937,291 | ~1.9644% | ~$77,344 | +412.4% |
| 2030 | ~$20,729,448 | ~$4,331,021 | ~1.9034% | ~$82,438 | +670.8% |
| 2026 | ~$3,992,151 | ~$2,958,145 | ~2.2082% | ~$65,321 | +48.4% |
| 2027 | ~$5,926,349 | ~$3,253,960 | ~2.2082% | ~$71,853 | +120.4% |
| 2028 | ~$8,797,665 | ~$3,579,356 | ~2.2082% | ~$79,039 | +227.1% |
| 2029 | ~$13,060,133 | ~$3,937,291 | ~2.2082% | ~$86,943 | +385.6% |
| 2030 | ~$19,387,767 | ~$4,331,021 | ~2.2082% | ~$95,637 | +620.9% |
| 2026 | ~$4,099,720 | ~$2,958,145 | ~2.1168% | ~$62,617 | +52.4% |
| 2027 | ~$6,250,024 | ~$3,253,960 | ~2.0253% | ~$65,904 | +132.4% |
| 2028 | ~$9,528,161 | ~$3,579,356 | ~1.9339% | ~$69,222 | +254.3% |
| 2029 | ~$14,525,681 | ~$3,937,291 | ~1.8425% | ~$72,544 | +440.1% |
| 2030 | ~$22,144,401 | ~$4,331,021 | ~1.7511% | ~$75,839 | +723.4% |
In 2025, this property's market value of $2,689,223 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 32× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,689,223 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,787,453 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.