3907 MEDICAL PKWY TX 78756
| Owner | TAHOE UNIONS LLC |
|---|---|
| Parcel ID | 0221021204 |
| Short ID | 217836 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,940 SF |
| Land SF | 13,723 SF |
| Acres | 0.315 |
| Year Built | 1972 |
| Legal | N53.88FT OF LOT 2 *& S 36.4FT OF LOT 3 BLK 3 SEIDERS H B SUBD |
| Neighborhood | 53CEN |
| Land | $1,235,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,235,070 |
| Improvement | $864,930 |
|---|---|
| Total Improvement | $864,930 |
| Market | $2,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,100,000 |
| Exemptions (−) | −$19,335 |
|---|---|
| Taxable Value | $2,080,665 |
Appreciation: Market value has risen +14.2% from $1,839,520 (2021) to $2,100,000 (2025), a CAGR of 3.4% 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 $42,580. 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 59% of market value ($1,235,070 land vs $864,930 improvements), about $90/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,100,000, 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 +3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,478,065 by 2030, with an estimated annual tax burden around $46,680. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 5,440 SF | ✓ |
| 551 | PAVED AREA | 3,750 SF | ✗ |
| 1ST | 1st Floor | 2,500 SF | ✓ |
| 487 | PARKING UNDER | 2,460 SF | ✓ |
| 591 | MASONRY TRIM SF | 990 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 700 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 57 SF | ✗ |
| 501 | CANOPY | 54 SF | ✗ |
| 505 | BALCONY | 36 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 12 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $19,250.31 | $19,250.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,903.04 | $10,903.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,820.08 | $7,820.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,455.66 | $2,455.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,151.41 | $2,151.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,580.50 | $42,580.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,634,201 | $2,100,000 | +25.4% |
| Assessed Value | $2,520,000 | $2,100,000 | +20.0% |
| Land Value | $1,235,070 | $1,235,070 | +0.0% |
| Improvement Value | $1,399,131 | $864,930 | +61.8% |
| Taxable Value | $2,492,466 | $2,080,665 | +19.8% |
| Exemptions | — | N | |
| HS Cap Loss | -$114,201 | — | |
| Total Tax 2026 = estimate |
~$51,008
Estimated
|
~$42,580
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,027,817 | $2,634,201 | -393,616 (-13.0%) |
| Taxable Value | $2,492,466 | $2,492,466 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,634,201 | $1,235,070 | $1,399,131 | −$114,201 | $2,520,000 | $2,492,466 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,100,000 | $1,235,070 | $864,930 | — | $2,100,000 | $2,080,665 | ~$42,580 | Partial |
| 2024 | $1,959,000 | — | — | — | — | $— | $45,582 | Verified |
| 2023 | $2,952,463 | — | — | −$1,717,393 | $1,235,070 | $— | $35,443 | Verified |
| 2022 | $1,830,211 | — | — | −$595,141 | $1,235,070 | $— | $58,309 | Verified |
| 2021 | $1,839,520 | — | — | −$604,450 | $1,235,070 | $— | $39,838 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.2% | +20.0% | 83.2% | Not available | Partial |
| 2025 | -8.7% | -8.7% | ~100% | Not available | Partial |
| 2024 | +17.4% | +17.4% | ~100% | 1.9800% | Verified |
| 2023 | -33.6% | -33.6% | ~100% | 1.8100% | Verified |
| 2022 | +61.3% | +61.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.4% | +12.0% | -0.8% | +61.3% | 2023 | -33.6% | 2024 |
| Assessment Ratio | 95.7% | 74.4% | — | 100.0% | 2025 | 41.8% | 2023 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$42,580 | $44,350 | ~$45,199 | $58,309 | 2022 | $35,443 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,170,691 | ~$2,170,691 | ~2.0139% | ~$43,716 | +3.4% |
| 2027 | ~$2,243,761 | ~$2,243,761 | ~1.9814% | ~$44,458 | +6.8% |
| 2028 | ~$2,319,292 | ~$2,319,292 | ~1.9488% | ~$45,199 | +10.4% |
| 2029 | ~$2,397,365 | ~$2,397,365 | ~1.9163% | ~$45,940 | +14.2% |
| 2030 | ~$2,478,065 | ~$2,478,065 | ~1.8837% | ~$46,680 | +18.0% |
| 2026 | ~$2,128,691 | ~$2,128,691 | ~2.0465% | ~$43,563 | +1.4% |
| 2027 | ~$2,157,774 | ~$2,157,774 | ~2.0465% | ~$44,159 | +2.8% |
| 2028 | ~$2,187,254 | ~$2,187,254 | ~2.0465% | ~$44,762 | +4.2% |
| 2029 | ~$2,217,137 | ~$2,217,137 | ~2.0465% | ~$45,373 | +5.6% |
| 2030 | ~$2,247,428 | ~$2,247,428 | ~2.0465% | ~$45,993 | +7.0% |
| 2026 | ~$2,212,691 | ~$2,212,691 | ~1.9977% | ~$44,202 | +5.4% |
| 2027 | ~$2,331,429 | ~$2,331,429 | ~1.9488% | ~$45,436 | +11.0% |
| 2028 | ~$2,456,539 | ~$2,456,539 | ~1.9000% | ~$46,675 | +17.0% |
| 2029 | ~$2,588,363 | ~$2,588,363 | ~1.8512% | ~$47,916 | +23.3% |
| 2030 | ~$2,727,260 | ~$2,727,260 | ~1.8024% | ~$49,155 | +29.9% |
In 2025, this property's market value of $2,100,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +48% 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 | $2,100,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,959,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,952,463 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,830,211 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,839,520 | $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.