3810 MEDICAL PKWY TX 78756
| Owner | JACKSON DON J |
|---|---|
| Parcel ID | 0221020421 |
| Short ID | 217764 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 18,499 SF |
| Land SF | 34,730 SF |
| Acres | 0.797 |
| Year Built | 1968 |
| Legal | S 89.38FT OF LOT 3 *& N 125FT OF LOT 4 BLK 1 *PLUS VAC ALLEY SEIDERS H B SUBD |
| Neighborhood | 52CEN |
| Land | $3,125,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,125,700 |
| Improvement | $275,966 |
|---|---|
| Total Improvement | $275,966 |
| Market | $3,401,666 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,401,666 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,401,666 |
| Taxable Value | $3,401,666 |
|---|
Appreciation: Market value has risen +8.8% from $3,126,700 (2021) to $3,401,666 (2025), a CAGR of 2.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $69,615. 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 92% of market value ($3,125,700 land vs $275,966 improvements), about $90/SF of land. With value concentrated in the land under a ~58-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,401,666, 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 +2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,779,623 by 2030, with an estimated annual tax burden around $71,198. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 9,353 SF | ✓ |
| 1ST | 1st Floor | 9,146 SF | ✓ |
| 501 | CANOPY | 558 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% | $31,472.21 | $31,472.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,825.31 | $17,825.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,784.99 | $12,784.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,014.75 | $4,014.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,517.32 | $3,517.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $69,614.58 | $69,614.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,424,402 | $3,401,666 | +0.7% |
| Assessed Value | $3,424,402 | $3,401,666 | +0.7% |
| Land Value | $3,125,700 | $3,125,700 | +0.0% |
| Improvement Value | $298,702 | $275,966 | +8.2% |
| Taxable Value | $3,424,402 | $3,401,666 | +0.7% |
| Total Tax 2026 = estimate |
~$70,080
Estimated
|
~$69,615
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,424,402 | $3,424,402 | +0 (+0.0%) |
| Taxable Value | $3,424,402 | $3,424,402 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,424,402 | $3,125,700 | $298,702 | — | $3,424,402 | $3,424,402 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,401,666 | $3,125,700 | $275,966 | — | $3,401,666 | $3,401,666 | ~$69,615 | Partial |
| 2024 | $3,677,412 | — | — | −$551,712 | $3,125,700 | $— | $67,362 | Verified |
| 2023 | $3,538,583 | — | — | −$412,883 | $3,125,700 | $— | $66,533 | Verified |
| 2022 | $3,126,700 | — | — | −$1,000 | $3,125,700 | $— | $69,884 | Verified |
| 2021 | $3,126,700 | — | — | −$1,000 | $3,125,700 | $— | $68,058 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.9800% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.8100% | Verified |
| 2022 | +13.2% | +13.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +2.1% | +2.0% | +13.2% | 2023 | -7.5% | 2025 |
| Assessment Ratio | 100.0% | 95.5% | — | 100.0% | 2021 | 85.0% | 2024 |
| 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 |
$69,615 | $68,291 | ~$70,600 | $69,884 | 2022 | $66,533 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,474,106 | ~$3,474,106 | ~2.0139% | ~$69,966 | +2.1% |
| 2027 | ~$3,548,088 | ~$3,548,088 | ~1.9814% | ~$70,301 | +4.3% |
| 2028 | ~$3,623,646 | ~$3,623,646 | ~1.9488% | ~$70,619 | +6.5% |
| 2029 | ~$3,700,813 | ~$3,700,813 | ~1.9163% | ~$70,918 | +8.8% |
| 2030 | ~$3,779,623 | ~$3,779,623 | ~1.8837% | ~$71,198 | +11.1% |
| 2026 | ~$3,406,072 | ~$3,406,072 | ~2.0465% | ~$69,705 | +0.1% |
| 2027 | ~$3,410,485 | ~$3,410,485 | ~2.0465% | ~$69,795 | +0.3% |
| 2028 | ~$3,414,902 | ~$3,414,902 | ~2.0465% | ~$69,885 | +0.4% |
| 2029 | ~$3,419,326 | ~$3,419,326 | ~2.0465% | ~$69,976 | +0.5% |
| 2030 | ~$3,423,755 | ~$3,423,755 | ~2.0465% | ~$70,067 | +0.6% |
| 2026 | ~$3,542,139 | ~$3,542,139 | ~1.9977% | ~$70,760 | +4.1% |
| 2027 | ~$3,688,413 | ~$3,688,413 | ~1.9488% | ~$71,881 | +8.4% |
| 2028 | ~$3,840,727 | ~$3,840,727 | ~1.9000% | ~$72,974 | +12.9% |
| 2029 | ~$3,999,332 | ~$3,999,332 | ~1.8512% | ~$74,035 | +17.6% |
| 2030 | ~$4,164,486 | ~$4,164,486 | ~1.8024% | ~$75,059 | +22.4% |
In 2025, this property's market value of $3,401,666 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +140% 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 | $3,401,666 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,677,412 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,538,583 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,126,700 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,126,700 | $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.