4207 MEDICAL PKWY TX 78756
| Owner | TRIUMPH COMPANIES LLC |
|---|---|
| Parcel ID | 0222030502 |
| Short ID | 219820 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,800 SF |
| Land SF | 8,550 SF |
| Acres | 0.196 |
| Year Built | 1960 |
| Legal | LOT 2 BLK 9 ALTA VISTA |
| Neighborhood | 20CEN |
| Land | $769,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $769,500 |
| Improvement | $25,799 |
|---|---|
| Total Improvement | $25,799 |
| Market | $795,299 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $795,299 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $795,299 |
| Taxable Value | $795,299 |
|---|
Appreciation: Market value has risen +10.3% from $721,000 (2021) to $795,299 (2025), a CAGR of 2.5% over 4 years. Growth has been relatively flat for this asset class. 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 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 $16,276. 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 97% of market value ($769,500 land vs $25,799 improvements), about $90/SF of land. With value concentrated in the land under a ~66-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 $795,299, this parcel sits in the lower-middle (25th–50th 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 +2.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $899,030 by 2030, with an estimated annual tax burden around $16,935. 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 | 4,040 SF | ✗ |
| 1ST | 1st Floor | 1,800 SF | ✓ |
| 511 | DECK | 261 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% | $7,358.11 | $7,358.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,167.50 | $4,167.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,989.09 | $2,989.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $938.64 | $938.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $822.34 | $822.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,275.68 | $16,275.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,040,449 | $795,299 | +30.8% |
| Assessed Value | $1,040,449 | $795,299 | +30.8% |
| Land Value | $769,500 | $769,500 | +0.0% |
| Improvement Value | $270,949 | $25,799 | +950.2% |
| Taxable Value | $1,040,449 | $795,299 | +30.8% |
| Total Tax 2026 = estimate |
~$21,293
Estimated
|
~$16,276
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,040,449 | $1,040,449 | +0 (+0.0%) |
| Taxable Value | $1,040,449 | $1,040,449 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,040,449 | $769,500 | $270,949 | — | $1,040,449 | $1,040,449 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $795,299 | $769,500 | $25,799 | — | $795,299 | $795,299 | ~$16,276 | Partial |
| 2024 | $808,038 | — | — | −$38,538 | $769,500 | $— | $15,755 | Verified |
| 2023 | $808,038 | — | — | −$38,538 | $769,500 | $— | $14,619 | Verified |
| 2022 | $721,000 | — | — | — | $769,500 ! | $— | $15,958 | Verified |
| 2021 | $721,000 | — | — | −$34,241 | $686,759 | $— | $15,694 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.8% | +30.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -3.2% | -3.2% | ~100% | 1.9800% | Verified |
| 2023 | +1.6% | +1.6% | ~100% | 1.7800% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +30.8% | +8.3% | -2.3% | +30.8% | 2026 | -1.6% | 2025 |
| Assessment Ratio | 100.0% | 98.7% | — | 106.7% | 2022 | 95.2% | 2023 |
| 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 |
$16,276 | $15,660 | ~$16,678 | $16,276 | 2025 | $14,619 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$815,041 | ~$815,041 | ~2.0139% | ~$16,414 | +2.5% |
| 2027 | ~$835,272 | ~$835,272 | ~1.9814% | ~$16,550 | +5.0% |
| 2028 | ~$856,006 | ~$856,006 | ~1.9488% | ~$16,682 | +7.6% |
| 2029 | ~$877,255 | ~$877,255 | ~1.9163% | ~$16,811 | +10.3% |
| 2030 | ~$899,030 | ~$899,030 | ~1.8837% | ~$16,935 | +13.0% |
| 2026 | ~$799,135 | ~$799,135 | ~2.0465% | ~$16,354 | +0.5% |
| 2027 | ~$802,989 | ~$802,989 | ~2.0465% | ~$16,433 | +1.0% |
| 2028 | ~$806,861 | ~$806,861 | ~2.0465% | ~$16,512 | +1.5% |
| 2029 | ~$810,753 | ~$810,753 | ~2.0465% | ~$16,592 | +1.9% |
| 2030 | ~$814,663 | ~$814,663 | ~2.0465% | ~$16,672 | +2.4% |
| 2026 | ~$830,947 | ~$830,947 | ~1.9977% | ~$16,600 | +4.5% |
| 2027 | ~$868,192 | ~$868,192 | ~1.9488% | ~$16,920 | +9.2% |
| 2028 | ~$907,107 | ~$907,107 | ~1.9000% | ~$17,235 | +14.1% |
| 2029 | ~$947,766 | ~$947,766 | ~1.8512% | ~$17,545 | +19.2% |
| 2030 | ~$990,247 | ~$990,247 | ~1.8024% | ~$17,848 | +24.5% |
In 2025, this property's market value of $795,299 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -44% below 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 | $795,299 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $808,038 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $808,038 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $721,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $721,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.