4314 MEDICAL PKWY TX 78756
| Owner | 4314 MEDICAL PARKWAY AUSTIN LTD |
|---|---|
| Parcel ID | 0222030101 |
| Short ID | 219787 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 12,464 SF |
| Land SF | 14,652 SF |
| Acres | 0.336 |
| Year Built | 1976 |
| Legal | LOT 4-5 * RESUB OF LOT 1 LESS W 25FT HANCOCK LEWIS SUBD |
| Neighborhood | 54CEN |
| Land | $1,465,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,465,200 |
| Improvement | $2,295,985 |
|---|---|
| Total Improvement | $2,295,985 |
| Market | $3,761,185 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,761,185 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,680,660 |
| Net Appraised (assessed) | $2,080,525 |
| Taxable Value | $2,080,525 |
|---|
Appreciation: Market value has risen +39.6% from $2,694,801 (2021) to $3,761,185 (2025), a CAGR of 8.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 outpaced 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 $42,578. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,080,525) is $1,680,660 below market value, suggesting potential for an upward assessment in future years.
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 39% of market value ($1,465,200 land vs $2,295,985 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~50 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,761,185, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,705,874 by 2030, with an estimated annual tax burden around $63,119. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,232 SF | ✓ |
| 2ND | 2nd Floor | 6,232 SF | ✓ |
| 487 | PARKING UNDER | 5,294 SF | ✓ |
| 551 | PAVED AREA | 2,816 SF | ✗ |
| BELOW | Below | 1,261 SF | ✓ |
| 501 | CANOPY | 192 SF | ✗ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
Market value changed by 117% in 2025, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $19,249.02 | $19,249.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,902.30 | $10,902.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,819.55 | $7,819.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,455.50 | $2,455.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,151.26 | $2,151.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,577.63 | $42,577.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,808,585 | $3,761,185 | +81.0% |
| Assessed Value | $2,496,630 | $2,080,525 | +20.0% |
| Land Value | $1,465,200 | $1,465,200 | +0.0% |
| Improvement Value | $5,343,385 | $2,295,985 | +132.7% |
| Taxable Value | $2,496,630 | $2,080,525 | +20.0% |
| HS Cap Loss | -$4,311,955 | — | |
| Total Tax 2026 = estimate |
~$51,093
Estimated
|
~$42,578
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,808,585 | $6,808,585 | +0 (+0.0%) |
| Taxable Value | $2,496,630 | $2,496,630 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,808,585 | $1,465,200 | $5,343,385 | −$4,311,955 | $2,496,630 | $2,496,630 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,761,185 | $1,465,200 | $2,295,985 | −$1,680,660 | $2,080,525 | $2,080,525 | ~$42,578 | Partial |
| 2024 | $3,041,230 | — | — | −$1,576,030 | $1,465,200 | $— | $34,360 | Verified |
| 2023 | $2,860,000 | — | — | −$1,394,800 | $1,465,200 | $— | $55,023 | Verified |
| 2022 | $2,643,738 | — | — | −$1,178,538 | $1,465,200 | $— | $56,483 | Verified |
| 2021 | $2,694,801 | — | — | −$1,376,121 | $1,318,680 | $— | $57,546 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +81.0% ! | +20.0% | 36.7% | Not available | Partial |
| 2025 | +116.9% ! | +20.0% | 55.3% | Not available | Partial |
| 2024 | -43.0% | -43.0% | ~100% | 1.9800% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 1.8100% | Verified |
| 2022 | +8.2% | +8.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +81.0% | +23.5% | -1.0% | +81.0% | 2026 | -1.9% | 2022 |
| Assessment Ratio | 36.7% | 49.3% | — | 55.4% | 2022 | 36.7% | 2026 |
| Effective Tax Rate (2025) | 1.1300% | 1.1300% | — | 1.1300% | 2025 | 1.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$42,578 | $49,198 | ~$54,286 | $57,546 | 2021 | $34,360 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,088,125 | ~$2,288,578 | ~2.0139% | ~$46,091 | +8.7% |
| 2027 | ~$4,443,485 | ~$2,517,435 | ~1.9814% | ~$49,880 | +18.1% |
| 2028 | ~$4,829,734 | ~$2,769,179 | ~1.9488% | ~$53,967 | +28.4% |
| 2029 | ~$5,249,557 | ~$3,046,097 | ~1.9163% | ~$58,372 | +39.6% |
| 2030 | ~$5,705,874 | ~$3,350,706 | ~1.8837% | ~$63,119 | +51.7% |
| 2026 | ~$4,012,902 | ~$2,288,578 | ~2.0465% | ~$46,835 | +6.7% |
| 2027 | ~$4,281,464 | ~$2,517,435 | ~2.0465% | ~$51,519 | +13.8% |
| 2028 | ~$4,568,000 | ~$2,769,179 | ~2.0465% | ~$56,671 | +21.5% |
| 2029 | ~$4,873,713 | ~$3,046,097 | ~2.0465% | ~$62,338 | +29.6% |
| 2030 | ~$5,199,885 | ~$3,350,706 | ~2.0465% | ~$68,572 | +38.3% |
| 2026 | ~$4,163,349 | ~$2,288,578 | ~1.9977% | ~$45,718 | +10.7% |
| 2027 | ~$4,608,514 | ~$2,517,435 | ~1.9488% | ~$49,061 | +22.5% |
| 2028 | ~$5,101,279 | ~$2,769,179 | ~1.9000% | ~$52,615 | +35.6% |
| 2029 | ~$5,646,732 | ~$3,046,097 | ~1.8512% | ~$56,389 | +50.1% |
| 2030 | ~$6,250,508 | ~$3,350,706 | ~1.8024% | ~$60,392 | +66.2% |
In 2025, this property's market value of $3,761,185 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +165% 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 | $3,761,185 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,041,230 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,860,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,643,738 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,694,801 | $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.